true but 1000 is 28 percent away.. and i'm sure it would happen alot faster then making it up to 15 1600 .. haha
Long Z @ 38.22, stop 36.54; 100 shares for 1% R. Long AAPL @ 673.47, stop 657.11; 10 shares for 1% R (hesitated on getting this yesterday, regretting it now).
Busted! AAPL was instantly stopped out and BZH followed, after I raised its puke point. I deserved it - both were fifth wave momo bets that have nothing to do with the third wave. I was playing a pattern that works very well on the top gainers at 15 minutes after the open (bull flag breakout), provided you sell on the spike. I may have lost my touch. It might be time to take a trading vacation.
Aapl straddle or strangle is better then directional when it starts running up so fast.. seems like it will charge up then deflate real fast and lose like 20 bucks.. in this case you can buy a straddle/strangle and leg out of the profitable side and leave the otherside open.. cause you never know. .sometimes it drops like a rock and turns that side super profitable to.. before when it ran up it settled in after it gyrated a little after a big run then quick drop.. i only have a very small position on right now.. butterfly up at 675..
You're a real winner, I can feel it from across the internet, but I'm in this game to become the deadliest directional trader possible. The third wave is where it's at, but it's obvious that The Market has not yet trained me to be a champion, and needs to inflict more damage to my trading account when I try some foolish idea. RES stopped out @ 12.68 Next step is to debrief all the losers and pinpoint my errors. Z is still active and is setting up a third wave (corrective), so it may end up green. The siren song of oversold reversals and bull flag breakouts has seduced my susceptible mind.
in thin markets big players have to share tops and bottoms and come in early to hog volume,take your targets as a gist of where it's going and be happy to share near target prices
Thanks. The really stupid thing is I've got a list full of third wave prospects but I chase fifths. I go for the tail I can already see, not the one that is coming. LCC: