my trading...

Discussion in 'Journals' started by sobemark, Jan 15, 2005.

  1. #21     Jan 15, 2005
  2. #22     Jan 15, 2005
  3. Also, what type of buy order did you use to buy CREE at 26.40
     
    #23     Jan 15, 2005
  4. I was just looking at fading back to the mean rather then thinking some anomalous movement wold continue. IE a breakout is actually anomalous but things consistently will fade back to the mean like a moving average, especially when the volume dries up. I was wondering how you decided to take this approach, have you previously ever tried trading chart patterns etc?
     
    #24     Jan 15, 2005
  5. #25     Jan 15, 2005
  6. Newbies can note that at 12:50pm APCS was doing 1.3ml shares on an avg daily vol of 2ml shares, signalling above average buyer interest. Not a guarantee that the stock would go higher, but a good reason to give it a shot.
     
    #26     Jan 15, 2005
  7. My previous post had said 1:30pm. The correct time is 12:50pm which it now reads.
     
    #27     Jan 15, 2005
  8. following CREE premarket and had a pre-determined entry strategy ...

    always a limit order

    thanks for the comments :)
     
    #28     Jan 16, 2005
  9. yes ...that is the basic concept i use every time i trade ...

    the previous two examples fom last week were super gap fades but using the same strategy i described in the earlier paragraphs ..

    i will post my trades this week ...

    thanks for your comments :))
     
    #29     Jan 16, 2005
  10. APCS nice trend ... yes i can see this to be a nice trade ... this is a strategy i do not employ, since my tactics are contra-trend ...

    but, trading is not black and white ... only green and red :))

    thanks again for the comments ..
     
    #30     Jan 16, 2005