Slapshot; Generally speaking your math looks good .Have you considered what Leiber and Weissman LLC called ''political risk'' Possible we might have another SEPTEMBER with QQQ. Good general guide another 10 or 12% drop [day ]shouldnt risk more than 1 or 2% of your account. ______________________________ ''Profits ride'' Something that helps with that difficult goal. Are you watching 30 minute charts with your bid price??????? Reguardless of your time frame. I've been thinking about your question all day.
Murray, Thanks, I've been starting to use a longer time-frame chart and strategy and it seems to be helping. Speaking of QQQ's, today I noticed that for the first time in a long time (months) the stock traded between a full % point to as much as 2% higher than the NDX - usually the range is much tighter (1/2 % or less due to arbitrage..._ Anyone have any idea why this occurs? Thanks, Paul
can anyone post here?.... long intu at 44.50...stop down at 43.30 for 1 to 2 day long... would appreciate any feedback. thanks
Slapshot; Actually like 10 minute candlle charts;like 3 of them at a time also . One of my favorite timeframes is 30 minute 5 day candles,approximately. Day trade sometimes into a swingtrade,off 30 minute 5 day[+] candles , bid price . Actually daytrade more [and slow] during bear trend. ________________________ Stalking JNPR.
seanote, your style seems to have changed. you kept things tight and fast at first. now you're swinging high & wide especially on these latest "daytrades" - NVDA, AOL, TYC. you're down well over a month's pay now aren't you? even if you are vindicated (eventually), will you call these good trades? was that NVDA trade a failed bounce play, certainly seems so. yes it may bounce back yet (or not) but my gawd man at this point who cares! :-O
''Faster:'' I Think about the first part of your nickname sometimes.Many ways to look at an equity curve pattern-like 20 days isnt much in a year.[less than 10%] Usually look at quotes ''faster'' than the following; Active Trader quote,September 2002 issue just arrived.''After hours award Dow Jones Industrial Average Index''{page 106} ______________________________________________ ''Faster pc '' d id you notice some faster moves on some Dow stocks in the las 20 or 21 days????????????????????