StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!!<< 1 ... 35 36 37 38 39 ... 102 >>Post Follow-up
TheRumpledOne
6,358 posts
msg #69744
Ignore TheRumpledOne
12/10/2008 10:30:55 AM

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FADE THE GAP.

WHEN GAP FILLED, YOU CAN TRADE BOTH THE LONG AND SHORT ZONE.

SFMc01
272 posts
msg #69763
Ignore SFMc01
12/10/2008 5:44:03 PM

TRO: I see the APPL chart you posted at "12/10/2008 10:30:55 AM" and I want to thank you for your continuing education efforts.

Would you please tell us how you actually traded APPL as shown on the chart. When were your actual entry and exit points?

Was there something specific you were looking for?

Thanks again. Steve



TheRumpledOne
6,358 posts
msg #69817
Ignore TheRumpledOne
12/12/2008 10:41:31 AM

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I know it's boring.

Eman93
4,572 posts
msg #69854
Ignore Eman93
12/14/2008 12:48:28 PM

TRO
The more I watch the more I am impressed.
I have not masterd the disiplen I need to stay on the HUNT.
I am changing stocks and chasing.
I am kicking myself for missing the RIMM trade.
Live and learn, great job again.

TheRumpledOne
6,358 posts
msg #69930
Ignore TheRumpledOne
12/18/2008 7:22:51 PM

STOP CHANGING STOCKS

STOP CHASING STOCKS

STAY FOCUSED.

SIMPLE!

Eman93
4,572 posts
msg #69938
Ignore Eman93
12/19/2008 1:45:04 AM

I am hard headed.

Been hanging on Muddys site when I have time.

Trying to catch lightning in a bottle...they do it overthere, its high speed fun

I have taken your advice though, small trades and quick scalps, it removes a lot of the pressure.

I will build my skills.

TheRumpledOne
6,358 posts
msg #69942
Ignore TheRumpledOne
12/19/2008 12:47:22 PM

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yoohan
4 posts
msg #69976
Ignore yoohan
12/21/2008 10:04:29 AM

TRO: Thank you for sharing your knowledge and insights with us. I have for some time now read most of what you have written about trading on various forums to try to understand your trading strategy.

If I understand you correct you first focus on closing or fade the gap from yesterday. Once the gap is closed you either go long or short once stock enters the long or short zones. When the stock starts to go in the wrong direction you cover your position.

Regarding APPL on 12/19; did you enter short shortly after 07:00, once it started to head south and kept it until the gap was closed or did you enter short once the stock was in the short zone?

Entering short on APPL on 12/19 only when the stock was in the short zones it would have meant that you had entered the stock about 5-6 times on the short side and covered soon after entry with about a 20 cent loss per trade. And then finally on the 6th time it would have been possible to make a 80 cent profit.

Many thanks

//Yoohan


TheRumpledOne
6,358 posts
msg #69977
Ignore TheRumpledOne
modified
12/21/2008 12:48:12 PM

I don't see how you figure losses?

There were plenty of dimes to be taken.

REMEMBER, price does NOT have to actually fill the gap for you to make money.





TheRumpledOne
6,358 posts
msg #69988
Ignore TheRumpledOne
12/22/2008 9:55:21 AM

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StockFetcher Forums · General Discussion · NEVER LOSE AGAIN!!<< 1 ... 35 36 37 38 39 ... 102 >>Post Follow-up

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