Hi, today I made a great profit. Was it only luck? How to deal with it? Thanks, gg12
The INDU was unexpectedly quit yesterday: Date Open High Low Close 03. Sep 09 9,282.03 9,350.27 9,252.93 9,344.61 02. Sep 09...
Open 9282.03 +155 -> ca. 9437 -155 -> ca. 9127
... converted to GIF.
Attached the graphics.
Hi all, using Excel statistical functions I want to come up with some simple ideas for intraday trading the INDU based derivates. First...
Buy stop 8310 Initial stop 8250 Risk 60
Dow close 8,063.07 ca. -10 points
little reasoning (adding trendlines to chart)
Short at 8055 Stop 8115 Risk 60 points
close 7,955.07 sold at close ca. -30 points
filled at 7980 stop 7920 risk 60
correction: Initial risk is 60 points
Buy stop 7980 Initial stop 7920 Risk 20
today's 'trade' (see attached chart)
Day 1 -20 Day 2 0 Day 3 -60 Day 4 +60 Day 5 -50 Day 6 +95 ------------- Total 25 points
move stop to 8070 to lock in profit of 95 points
filled
Buy stop 7975 Initial stop 7940 Risk 35 points
Stopped out at 7970 -50 points
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