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"I LOVE crazy daily ranges!!!" she exclaimed, flipping her hair.

Yeah, not much downside left :eek:

As with all high flyers trading at ridiculous P/E, Price/Book and Price/Cash Flow levels levels, the earnings call had better mention huge upside growth going forward or the drop will be nasty. "67% on-year growth in K-Cup shipments fell short of analyst forecasts and represented a decline in...

What I do is place my target order in my initial profit target zone. Then when price is close to my target, I move my target further away and tighten my stop. This way if price breaks through my initial target, I'm still in the trade for even more and if stopped out, it will be just about where...

Spot on! I too feel like a sniper on my best days. I talk to myself a lot now as if I was teaching someone else how to trade. ("Price looks weak like it's going to reverse. But wait there's another resistance level nearby, the bulls will try to push it there, hold on, wait for an actual reversal...

Nev, something that helped me was to start thinking of my stop loss as the cost of admission to the trade. Some trades are too expensive for me to enter, too much like playing at the $100 table instead of the $10 or $20. But when a trade is "cheap" I'm all over it. To me a CL trade is cheap when...

I interpret that as a lot of traders positioning themselves for a breakout, but no one wanting to be the greater fool before the weekend.

I guess I have to post my P/L today because I want to say to gambler: w00t, WTG, wowzee!!! I really really am done trading for the day. My band rehearsal starts in 30 mins. No way will I trade again today. Most likely...

I'm the fastest photoshopper in the west :D Put on a trade while preparing for rehearsal, stop very wide, so size very small, plus I couldn't focus on it full time. Covered again on the lower channel overshoot. I will write a book and post it here on ET :cool:

Chi PMI numbers didn't thrill the market, and I took a short position after a failure to break out. Covered on the pivot from a deep overshoot of the lower Keltner. I totally spaced the Mich sentiment news and would never have put on this trade had I remembered it was coming. So although I'm...

And if the position netted 100 ticks or more, would you have said that? Of course not. You're making a comment after the fact. Why didn't you post "your overnight stop loss is too wide" when the trade was originally posted, along with a technically valid reason why? Wouldn't you need a...

I didn't even pay attention to the TL on the daily chart. I see now that yesterday's pivot low left a higher low in a long term uptrend. I guess we all should've expected price to then slice through the 20-bar MA and attempt to break the previous high. All this day trading made me myopic, which...

I didn't trade ES today because I had to leave a few minutes past 10:00 so I decided my limited time would be put to better use finding ways to lose money in CL. Looking at the ES chart after the fact, it seems like if you didn't get into a long position off the early double bottom (between...

I'm assuming this is your demo account, because a couple weeks ago your account was $6500, then Monday you lost nearly $4000 of that in CL. So I'm assuming you wouldn't risk an account blowup and a nasty margin call on a news gamble. If you actually turned $2,500 real money into $22,500 real...

A feasible game plan: Ask yourself, "If I shorted the market right here @ 1205.50 and placed a disaster stop, where would I place it?" (Self: "Ummm....uhhh...1225.00!") Now, buy the market right here @ 1205.50, no stop, profit target 1225.00 :D

Crazy stuff! As I recall someone on ET once warned me they lost $5K in a few seconds on NG. I imagine a few traders retired on that move today.

Wow that's some hardcore bear porn! What's the value per tick for NG?

Very limited trading time for me today, had half hour near the open and about an hour a little while ago. Before I take off again, I have to post my blotter as both a cautionary tale and also as a milestone for me in letting a winner run. Notice how I tried top picking early on, fighting the...

I have 30 mins to trade, then have to leave for a while. Right now I have no insight whatsoever. Price is in no man's land...

PnL envy...