Stock Swing Traders

Discussion in 'Journals' started by coolweb, Jan 2, 2006.

  1. I have added many positions today,


    I will be converting my whole strategy into swing trading.


    I never knew how powerful this strategy is.

    Why is this?

    Market makers / Specs can not play with your position period when you know where the big support is.

    I can add thousands upon thousands of shares
    if risk is OK With me,

    Market maker can only sit idly and try to game me as a daytrader cause I'm taking his shares.

    But he can not game me because he can not game instituional support.

    Now I understand the term "Cheap shares"

    They are cheap.


    My stops are not where you think it is.
    And I know the price will retrace.


    LOVE IT.

    LOVE IT.
    LOVE IT.
     
    #241     Feb 9, 2006
  2. When you know

    You know.
     
    #242     Feb 9, 2006
  3. Now I could be wrong,
    but .... There is no business like taking a calculated risk in an up market.

    Specialists can never game me anymore

    Run down the price?
    BUY MORE!

    run it more?

    BUY MORE

    Lets see how much you can run down the price ,
    when my big boys backup is 5 cents away biTCH
     
    #243     Feb 9, 2006
  4. 02/09/06 11:15:00 BOUGHT HCC Market Day Executed @ 31.28
    02/09/06 11:15:00 BOUGHT HCC Market Day Executed @ 31.30
    02/09/06 10:39:00 BOUGHT TOO Market Day Executed @ 29.1599
    02/09/06 10:39:00 BOUGHT TOO Market Day Executed @ 29.16
    02/09/06 10:38:00 BOUGHT TOO 29.19000 Day Executed @ 29.19

    02/09/06 09:54:00 BOUGHT HCC Market Day Executed @ 31.27
    02/09/06 09:49:00 BOUGHT SKYW Market Day Executed @ 29.40
    02/09/06 09:49:00 BOUGHT SKYW Market Day Executed @ 29.3999
    02/09/06 09:42:00 BOUGHT JOBS Market Day Executed @ 16.7099
    02/09/06 09:40:00 BOUGHT HCC Market Day Executed @ 31.05
     
    #244     Feb 9, 2006
  5. SKYW closed 29.33/21

    At coolweb inc, we don't like stocks that fall.
     
    #245     Feb 9, 2006
  6. large position added in HCC. 31.29

    We'll see right?

    We'll see.
     
    #246     Feb 9, 2006
  7. jsmooth

    jsmooth

    The Weekly Chart of HCC look VERY good....good luck with that trade....so what is your time frame for your swing trades?

    great journal....keep it up
     
    #247     Feb 9, 2006
  8. Coolweb;
    DIA, IWD are in still nice uptrends ;
    could very well help HCC UP trends.

    QQQQ & many in tek sector are in downtrends by most every measure except long term.:cool:
     
    #248     Feb 9, 2006
  9. Hello

    I'll be closing out any longs immediately once any weakness is seen or it hits my breakeven.


    Market isn't that bullish like yesterday.
     
    #249     Feb 9, 2006
  10. wabrew

    wabrew

    Have really enjoyed this journal. A couple of Q's if you do not mind disclosing source.

    One post referred to knowing where instutional buy orders lay. Is this just your gut feel based on the tape?

    Also, another post stated you will buy more if stock comes down to area near instutional buy level. This seems to contradict your many posts (and actions) to cut your losses so fast that on exit they really are not losses.

    Last, can you tell us how you define weakness? Sometimes things look bad for an hour or so and then the stock or the mkt reverses. Again, is this mostly 'feel' on your part.

    Keep up the bold moves.
     
    #250     Feb 9, 2006