Long XIDE Yesterday 15.53 2 wasted small loss trades - CY long and MEE short.. Short JRCC 39 Added to RTI Short
No.. Just sold UAUA and LCC (may have forgotten to post this long yesterday).. Also covered JRCC.. Correlation dictates.. Smells like an Oil bounce looming..
May have been bush-whacked out of UAUA and LCC.. The price for watching... we'll see. Original targets were 10 and 6.
Sorry but it varies as these 3 and 4 letter words are unpredictable.. Usually if I have a 10% profit I will exit if there is any intraday breakdown... especially trying to break below the open after an hour of trading after having been strong.. Today Commodities were looking quite strong, and Oil had been close enough to 120 putting in a bit of a floor... How do you do it?
It varies as well. I will sometimes determine a target based on the chart and liquidate as it gets close. Otherwise an intraday reversal on an hourly chart usually makes sense.