Livermore, Tudor Jones and Cohen

Discussion in 'Journals' started by Standard Oil, Oct 26, 2009.

  1. It won't as most won't see a good thing if it slaps them in the face...but you do seem to be a day or 2 late with some...but that is for another day...you are providing a good insight for some people to look and analyse charts...hopefully they will learn something from it.

    Please keep up the fine contribution as this site surely needs it...

    North Carolina or Florida?

    NiN
     
    #71     Nov 2, 2009


  2. I have already said, how I trade these stocks is not the issue but to look for the similarities in the pics under varying market conditions.

    Ask yourself Why would this be a good location to place a trade, then ask yourself How "should" this trade play out, then watch and adjust.
     
    #72     Nov 2, 2009

  3. Yes well you sometimes have to give up profits in exchange for security :)

    I do occasionally "try" and pick tops and bottoms but it's more for ego and fun then it is for income.

    Can't help you with NC or Florida but I'm pretty happy with the Saints over the Falcons tonight but not sure they cover. :cool:
     
    #73     Nov 2, 2009
  4. ddlee

    ddlee

    Standard Oil

    As you can see I am a long time resident, but seldom post. It has been a long time since I enjoyed a thread so much. Good job.
     
    #74     Nov 2, 2009
  5. Long Candidates:

    None

    Short Candidates:

    HR
     
    #75     Nov 3, 2009
  6. Will watch your HR short.. Looks like a VERY low probability short. If you have routinely been successful with such a trade then I have A LOT to learn.

    Nice H&S (to 18) no doubt but an entry here? Then again I don't know the details of your system.. Will watch and learn
     
    #76     Nov 3, 2009
  7. Why do you ignore drawing the down trend line from the prior 2 swing highs?
     
    #77     Nov 3, 2009
  8. track.... Was just indicating a short entry today is at support.. The declining TL you mention is where a lower risk entry would be.. around 21 today.. but we don't know where SO's entry is.. I am assumming it's today..
     
    #78     Nov 3, 2009
  9. yes its today
     
    #79     Nov 3, 2009
  10. Yes, HR is a real dog today so far.

    I should have know that today would have been ugly because not a lot of stocks came up in my scans and that's never a good sign and usually results in a narrow range day across the board.



    Can't hide from the truth, I'm all about transparency. If new traders think this game is easy and you always win well that's just not the case. You must take your losses like a man and see if you can learn something from them :cool:
     
    #80     Nov 3, 2009