too much excitement for one day I'm pooped man let me go pop some popcorn I got the mini size version 100 calories, For a mighty tradergod like me, who is BUYING THIS MINI SIZED VERSION , GIRL, WE NEED BIG BAGS BIG 500 CALORIES POPCORN BAGS STOP BUYING THE MINI SIZED people these days, no respect..
DownDay ? Is the market down? I didn't know we were down.... WHAT DOWNDAY? I don't want to brag but......... OK BRAGGING LIKE A BITCH DONE! 02/02/06 14:45:00 SOLD SBUX Market Day Executed @ 34.7701 02/02/06 14:17:00 SOLD SBUX Market Day Executed @ 34.67 02/02/06 14:17:00 SOLD SBUX Market Day Executed @ 34.67 02/02/06 14:17:00 SOLD SBUX Market Day Executed @ 34.67 02/02/06 14:17:00 SOLD SBUX Market Day Executed @ 34.67 02/02/06 14:13:00 SOLD SBUX Market Day Executed @ 34.7101 02/02/06 14:10:00 SOLD SBUX Market Day Executed @ 34.6801 02/02/06 14:10:00 SOLD SBUX Market Day Executed @ 34.6801 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.52 02/02/06 13:58:00 BOUGHT SBUX Market Day Executed @ 34.5199 HAHAHAHAHAHAHAHAHHA HAHAHAHAHAHAHAHAHAHAH HAHAHAHAHAHAHAH a I HAVE GONE INSANE! LONG AND SUPERSTRONG!
ok I'm almost done tripping I'll post some shit later, maybe some tips and tRIX Life has been good to me, Time to be good back every now and then
I will be the 100k a month trader soon. 100k NET I never talk trash without backup, I never bullshit, whatever I say I am or will do. <h2> It will be done.</h2> Today I have learned some new ideas concerning SPECALISTS HOW TO SPOT SPECIALIST BUYINGS Lets keep it :X Damn its so easy to see his ass these days now. With specialist insight, you now have an idea of his thoughts on order flow to re-enter or just stay out.
Well , sooner or later you have to sell that high priced coffee[SBUX]; heard Jack LaLanne say , call the chef, he spends plenty on 10 veggies in his customized salad. Jack was born in 1914, still strong today. Dont drink much ''texas tea/black gold''; but good to watch BR sector. QQQQ sector dropping like a little rock premarket
murray, I agree , SBUX was sold the same day QQQQ is dropping like a rock , After a quick exercusion to daytrading because of some new insights <b> I will be back on to the topic of SWING TRADING </b> mainly because another thought popped in my head 1) I can never deploy the full size of my capital on daytrading 2) The returns of 30% of swing trading attracts me much. 3) I will use my daytrading profits as "extra investing money" instead of my primary. 4) I have a lot of time on my hands so it is time for me to establish myself long term as well as short term as well as mid term. The question of the day is: Do you believe a stocks underlying movement is 75% dependant on the market? Would you take a long position even though the DOW/NAS is in a two week slump
============== Coolweb; Answer to question # ]1Hope you got an answer hint on friday by reading some of my other fri posts. Something like that, I wrote this in my business plan; Stock itself=30% Sector= 30% Market =40% Paraphrase,Steve Cohen /Jack Schwager 2]So yes on swing smaller long position, since strong sector oil/gas up . Some small, med, long term oil-gas stock trend up; strong er stocks oil & gas .Those 75% numbers are pretty close in huge IBD/O Neil work.Oil- gas Stop snuggled because of market. Had hand friday on long trigger HAL , higher lows,/ higher OIH; but eod found something better for longs in oil/gas sector .Plus supply /demand & wartime, & Iran threat has unusual favor for overnite oil/gas longs And yes, even though late entry fri, eod ,its profitable eod. HAL almost finished up, OIH did 3]Its humbling how some times great minds think alike ; in harmony with both your questions; doesn't GOOG swing shorts monday look high probability???????? GOOG isn't exactly as liquid as NYSE, but its PLENTY liquid; slippage is reasonable, only a bit more than NYSE for me. GOOG has NOT been same since it crashed below 50dma, Jan; looking for support@ about $375- $300-333 area, perhaps. Will forget GOOG monday short swing ,on[if] big down gap
Coolweb buddy; Have thought about your questions for many months/years; and so to do better than average, About 25% of time will want to overweight stock itself. [Since 25% of time stock ignores market] And to repeat,[ like 30% stock plus 30% sector =60% of time total in Steve Cohen figures of time] approximate ], stock ignores market healthy % of time Besides even with 75% odds, WOULD NOT break/ignore a stock stop loss just because market,/sector were in perfect trends. So in other words it looked/measured like good day to ignore market for oil/gas stocks long; late eod ; but as you hinted, good GOOG/market short & GM /market short. Plus for mature audiences only, had a pro institutional trader tell me he pretty much within reason ignores market direction, when it came to his mutual fund buy/sell;orders since I am not at his size level , don't myself completely ignore market., bu it reinforces my written plan, about 25% or so of time.
You have no idea what you are about to get in to. You think that just because you can spot the specialist buying or selling, you are going to be able to take a large position in his direction and make loot with little risk? Haha, that is hilarious. See, the problem is that some days the specialist is buying the stock and he continuously steps up and the trade is so simple. The next time he will show the exact same setup, loads up on shares and then walks away for the day and the stock drops points. Then there are days where the specialist is dumping shares but the stock keeps rising all day long. See, the problem is, they know good traders know how to spot his activities. Its not hard to spot at all. The difference is, you need to spot the subtleties that will help determine if its worth buying while the specialist is buying or selling when he is selling. And I dont even mean buying or selling at the same levels. This could mean selling while the stock is temporarily rising while others think that the stock is going to continue to rise. It takes balls to hold through the big squeezes, and when you have a large positiong, it could mean possibly losing $1000's on a single trade. I know your game Coolweb, you are too risk averse to play along with the specialists. You need your close stops and tight risk management and believe me sometimes he will let the stock run far away before resuming his buying. And sometimes he doesnt come back at all and you will be holding the bag. I watched the specialist in NE selling hundreds of thousands of shares one day while the stock rose 3 pts, each time it looked as if the stock was about to plummet. The next day it went up another point. The next day it was down 5 points and the specialist, with his avg price, was probably a point in the money. You think you've discovred some holy grial of trading, but seeing the specialist buying or selling is trading 101. Its one of the very first steps.