<img src="http://puddles.humanfund.ca/20110527/spy.png"> <img src="http://puddles.humanfund.ca/20110527/cree.png"> 10:07 LONG CREE 43.05 STOP 42.85 TGT 43.45 - CREE gap up and strong all day - 10am pending home sales sends the market off a cliff - CREE holds at the highs - long over the HL looking for a market bounce to take us to TGT - out +0.4 6-6 week, 20-25 month (44%). calling it a day early, market is already slow and should just get worse heading into a long weekend. http://puddles.humanfund.ca/wp/2011/05/27/2011-05-27-trades/
I was just reading your old thread (Geez's thread), and found your post regarding your CF trade where you lost 50c almost immediately. I couldn't stop laughing. So funny! Well, the loss wasn't funny I'm sure, but God your thread(s) are funny! Thanks for sharing. Here is the link to that post: http://www.elitetrader.com/vb/showthread.php?s=&threadid=148752&perpage=5&pagenumber=487 +-*/ Math_Wiz
By the way, which trading platform (or charting platform) gives you those beautiful charts? +-*/ Math_Wiz
i don't even have to look at link i remember the trade. i don't trade CF much so it was easy to remember.. it can get a little dicey, big spreads, big moves.. the charts of just off freestockcharts.com and windows snipping tool. i use sterling to trade.
Thanks. Also wondering if you typically enter your targeted exit orders immediately after getting filled, or do you act more like Geez and set an alarm for when the price gets close to target, and then decide what to do when the price gets there? Thanks, +-*/ Math_Wiz
I bracket the order immediately and I set an alert at the level where i'd change the stop to b/e. If i see the stock is ripping i'll cancel all orders and re-evalulate a more aggressive tgt or splitting the order
Nice. Thanks. Do you typically route to ARCA, or do you prefer a different route for some reason? +-*/ Math_Wiz