| StockFetcher Forums · General Discussion · STOCK SELECTION ( FILTERING ) VS. STOCK TRADING. | << 1 2 3 4 5 >>Post Follow-up |
| nikoschopen 2,824 posts msg #57813 - Ignore nikoschopen |
12/9/2007 4:56:01 AM AAPL 1-Minute Candle  |
| cdance 17 posts msg #57817 - Ignore cdance |
12/9/2007 9:55:32 AM TRO - How about giving us a chart and a list of your trades for a particular day? |
| TheRumpledOne 6,407 posts msg #57823 - Ignore TheRumpledOne modified |
12/9/2007 10:46:54 AM Niko: Here's how one could have traded AAPL on that day: min 1 - quick long open + .10 in/out min 2 - quick short open - .10 in/out min 3 - long entry open + .10 min 4 - hold min 5 - exit long, go short at open - .10 min 6 - cover short min 7 - long entry open + .10 min 8 - exit long min 9 - wait min 10 - long entry open + .10 min 11 - exit long min 12 - wait min 13 - wait min 14 - wait min 15 - long entry open + .10 min 16 - hold min 17 - hold min 18 - exit long min 25 - long entry open + .10 Last trade at min 25 You would have had the opportunity to scalp AAPL 7 times in less than 30 minutes. I know this raises the question WHEN/WHERE do you exit. I usually exit when the price stalls. When you scalp with this method, it's like playing a video game, pure reaction no thought. Even though AAPL gapped up and ran away, trading the Buy Zone would have kept you profitable. By the way, Niko, after the first 15 minutes, I switch over to a 5 minute candle chart. Things usually settle down a bit by then. |
| TheRumpledOne 6,407 posts msg #57824 - Ignore TheRumpledOne |
12/9/2007 10:49:40 AM This is NOT a debate. There is NOTHING to debate. If you cannot imagine any alternative explanations then it is easy to be convinced that the only one you have is absolutely right. "Words are mirrors when you see yourself" - TRO Sounds pretty damn contradictory if you ask me ======================================= Where is the contradiction? Trading is NOT about right/wrong. Trading is about profitable/unprofitable. There is more than one way to trade profitably but all you need is one. Where do you see yourself, Niko? |
| curmudgeon 103 posts msg #57838 - Ignore curmudgeon |
12/9/2007 2:30:16 PM This is almost comical. TRO's strict adherence to the classical pattern of deflection and avoidance when confronted wreaks of deception. Listening to the interview with TRO, all kinds of little red flags popped up in my head. I got a "Catch Me If You Can" vibe from it. Now, after the last few days, I KNOW I smell BS. |
| TheRumpledOne 6,407 posts msg #57845 - Ignore TheRumpledOne modified |
12/9/2007 3:28:28 PM curmudgeon: Don't stop now. By all means, please continue. If you like, I can submit your name and perhaps you can do an interview so all may learn from you. |
| nikoschopen 2,824 posts msg #57849 - Ignore nikoschopen |
12/9/2007 4:22:14 PM Where do you see yourself, Niko? This is how I would have played AAPL based on simple non-squiggly lines. AAPL 1-Minute Candle  |
| nikoschopen 2,824 posts msg #57850 - Ignore nikoschopen |
12/9/2007 4:34:18 PM If you like, I can submit your name and perhaps you can do an interview so all may learn from you. while it takes two to tango, I'm afraid this brouhaha will turn out more like a wrestle mania. But it goes without saying that TRO does indeed espouse a modern day blueprint for larger-than-life condescension. |
| TheRumpledOne 6,407 posts msg #57851 - Ignore TheRumpledOne modified |
12/9/2007 4:45:46 PM niko: Thanks for sharing your chart. I am curious, are you're lines hand drawn or automatically plotted by your charting program? "But it goes without saying that TRO does indeed espouse a modern day blueprint for larger-than-life condescension." Be nice, niko!! |
| curmudgeon 103 posts msg #57852 - Ignore curmudgeon |
12/9/2007 4:52:38 PM http://en.wikipedia.org/wiki/Messianic_complex |
| StockFetcher Forums · General Discussion · STOCK SELECTION ( FILTERING ) VS. STOCK TRADING. | << 1 2 3 4 5 >>Post Follow-up |