amateurs buying the open ?????

Discussion in 'Trading' started by NY_HOOD, Sep 19, 2008.

  1. as a trader its very hard to buy indiscriminately. i am treating today like any other day and waiting for a set up. i CANNOT get caught up in the mania. if i miss out,i simply miss out. monday is another day.
     
  2. harkm

    harkm

    Yeah, it is difficult as a trader to keep your discipline. I am with you. I will just sit tight and wait for a setup.
     
  3. MGJ

    MGJ

    I am buying at today's open, in December Soybean Meal (I assume that's what you are referring to). I expect quite a few people will be doing the same thing, not all of whom are amateurs.

    [​IMG]
     
  4. i am an amateur...L 1000 skf 88.60 ...oh boy cross ur fingers...


    edit....yeah baby....makloda i owe u a fucking beer holmes
     
  5. as i said,amateurs bought the gap up in financials and got caught.
     
  6. i was trying to be cute....man we really lose alot when not being able to see facial expressions
     
  7. thats why i say everyday should be treated the same.
    WAIT FOR SET UPS !!
    buying a huge gap will get you to the poor house; or "to the PO house as my friend tyrone likes to say.