QQQQ by Joab

Discussion in 'Trading' started by Joab, Apr 20, 2007.

  1. now i'm snickering to myself, "weak breakout," snicker snicker.
     
    #31     Apr 26, 2007
  2. I thought in the other thread you said you were going to respond anymore? That QQQQ trade take you off the rails?
     
    #32     Apr 26, 2007
  3. Tums

    Tums

    why feed the troll?
     
    #33     Apr 26, 2007
  4. just can't help himself. Arrogance.
     
    #34     Apr 26, 2007
  5. Ahh, the cast of characters is complete, a hersheyite joins the thread.
     
    #35     Apr 26, 2007
  6. A wash call? You've got >3weeks to expiration. No offense, but you can't polish this turd. Lesson learned and move on.
     
    #36     Apr 26, 2007
  7. 2006

    2006

    RA to the rescue. Like the new site. Been lurking there for a while now.
     
    #37     Apr 26, 2007
  8. A little blunt atticus :)
     
    #38     Apr 26, 2007
  9. dont try to time the market, let the market time you

    :confused: :confused:
     
    #39     Apr 26, 2007
  10. Joab

    Joab

    You maybe right but there's no need to cover the spread at this price level yet.

    Everything about this move (technically speaking) is very limited and it shouldn't even be at this level.

    That being said, it is ... and we can't argue with price right. :(

    I won't let the spread go further then .80 loss as that part of my Spread Trading Rules.

    This is just one trade of many and your right there is a lesson here but I can't see it just yet, this is very unusual price behavior given all the conditions.

    So when in doubt ... stick to your trading plan. :)
     
    #40     Apr 26, 2007