Confessions of a successful trader

Discussion in 'Professional Trading' started by StLouisTrader, Sep 10, 2009.

  1. Nattdog

    Nattdog

    I think Doyle Brunson's Chapter in the poker super system book is somewhat relevant to this style.
     
    #171     Sep 17, 2009
  2. dirkd

    dirkd

    did we ever get a picture of Alexis, i just love tall european women! :cool:
     
    #172     Sep 17, 2009
  3. Went long the HCIT stocks during first 10 min of trading

    mdrx 28k at 18.25
    eclp 29k at 19.50
    cern 6k at 69.26
     
    #173     Sep 18, 2009
  4. Petro

    Petro

    Thanks for sharing St.Louis, picked up the ORCL yesterday at around 21.53, have a bit longer hold threshold than you, so waited till today to close it out at 21.82. Still hope the Dodgers crush the Cards in the playoffs though....
     
    #174     Sep 18, 2009
  5. Yes, StLouis, also thanks for sharing.

    Forgive me if already covered, but can I ask:

    1. Do you only hold for one day, and not overnight as a rule?

    2. What is your primary selection criteria for your trades? Fundamental, news, chart etc?
     
    #175     Sep 18, 2009
  6. As a rule i'm out b/f the end of the day. My entries are based on fundamental events/technical levels. My exits are based on technical levels/tape reading. I'm trying for up around 19 on the mdrx exit. around 70 on cern and the eclp isnt acting real hot - at this point i'd be thrilled with 19.80 on it
     
    #176     Sep 18, 2009
  7. Nice exit
     
    #177     Sep 18, 2009
  8. added to the mdrx, now at 51k at aprox 18.26
     
    #178     Sep 18, 2009
  9. Petro

    Petro

    Thanks, I thought it might bounce off the 50D MA and sure enough, I think it came within a few tenths of a cent from it.
     
    #179     Sep 18, 2009
  10. Petro, excellent exit - I hope you had 117,000 of them too! :eek:
     
    #180     Sep 18, 2009