| StockFetcher Forums · General Discussion · SID | << >>Post Follow-up |
| johnpaulca 12,036 posts msg #55772 - Ignore johnpaulca |
10/17/2007 9:24:34 AM picked up some yesterday...a nice position trading stock  |
| johnpaulca 12,036 posts msg #55773 - Ignore johnpaulca |
10/17/2007 9:37:58 AM take a look at this chart FTI...I bought on 10-5-07@57.12...would you sell or hold ???( if you are a swing trader). Good volume with candlesticks showing a stalemate in power. I sold yesterday at 62.80, taking profits is never a bad thing.  |
| TheRumpledOne 6,407 posts msg #55775 - Ignore TheRumpledOne |
10/17/2007 9:58:53 AM |
| betyerbottomdollar 169 posts msg #55795 - Ignore betyerbottomdollar |
10/17/2007 10:20:13 PM Yup, I think you did the right thing. You set up your entry, took the breakout and sold it when it leveled out. So what if it goes up more? You made $$. Good trade JP |
| fokane 74 posts msg #55799 - Ignore fokane |
10/18/2007 6:08:10 AM Would you not just put a stop in at the low of the 4th candle in, around $62? |
| johnpaulca 12,036 posts msg #55802 - Ignore johnpaulca |
10/18/2007 9:00:46 AM Would you not just put a stop in at the low of the 4th candle in, around $62? My trading style changes in the environment presented. With three downs days in the market i figure i would get in and out as quickly as possible. I used this money and picked up a great breakout of SID and sold after the breakout. Thanks for your feedback . |
| StockFetcher Forums · General Discussion · SID | << >>Post Follow-up |