An observation

Discussion in 'Trading' started by hotboats, Apr 13, 2006.

  1. hotboats

    hotboats

    An observation, Ive been trading listed names lately like wag ,wmt, usally 1k shares both short and long, I follow simple bar charts and try to to go by price action, daily support and resistence. Also keeping an eye on the overall market. Every time I think the stock has stopped and I think its going the other way I enter and it usally goes about another 10 to 12 cents and then revereses. Happens to me all the time, guess its just impatience on my part. I know I cant time it perfectly, guess I should be happy it usally works. I hold out for about .15 to .20. Anyway everbody have a good weekend. Gary:cool: