It's one of those times when I did not follow my disicple, and stayed on. my DD: I try to base my trends on LONG TERM pattern and LONG term EMA both down, MACD was weak in the negatives and HISTO was in negs. Since you asked.. I did the same with SWC...SHORTWED at $10.40 then had to take heat to see go to $12.40...I covered @ 11.65...just to see it drop down to lower$9.'s Again I was following LONG tern indicators...and did not stay in it long enough. WHat do you think of AMRI long term trends?
Obviously not an "opening only order" - and I do agree with the gentleman above...."why did you not cover earlier" . All the best... Don
Normally I never let my losses go over 3% but this time it fell thru...and I still holding the bag...will cover on pullback...hopefully this week.
I know nothing about long term trends. I know market action only from 9:30 am to 11am. I know what to expect there. Seems to me your luck could be to the long side though. But that's just my guess.
Quote from jimclark: ------------------------------------------- Shorted AMRI @9.02.....currently trading at $10.30....still holding losses of about $1,500....should've gotten out earlier. What?? "Don the Adapter" didn't suggest selling "additional share units". Shocking! Vols must be way up last couple of days. LOL
Hi chiguys or mschei: HOw do you instruct Xl to take a snapshot every 15 minutes, what is the macro command? Whenever I open up my Xl during trading hours with the DDE link active, it takes up so much CPU . I think if you let positions to run for a while, the result will depend on whether the market takes certain direction i.e. if the direction is up and you have more long positions the you will get more profits. Thanks
i basically figured it out from threads on this board. i will try to find the thread. by the way it is somewhat of a resource hog so i run double processors on both machines. the code is convoluted and i figured it out by trial and error but hey it works. in regards to net position the stocks you get filled on basically have a mind of their own. sometimes they correlate and sometimes they just go their own way. i trade oex stocks so the arbs help to revert it back to the mean.
Mr. Clark might want to pick up the Stock Traders Alamanac, and read about "seasonality" - which took effect yesterday....monthly, of course. You "gotta" know these things. All the best, Don
11 fills / 500 shares each 1 long / 10 short -187.00 short a lot of oil services should have noticed the pattern and covered oils sooner turned a 320 winner into the 187 loss - 1 / + 1% stupid is as stupid does... blocked aig and jnj