I think the answer is obvious. After you make your $200-$500...quit for the day. There is no law that says a trader has to trade all day.
The market behaves differently during each part of the day....the opening is usually a lot more volatile....the middle is usually much slower...and the...
Todays' the exact opposite of yesterday (so far). Yesterday we gapped down big and then a strong trend up day. Today big gap up and trend down day.
In this market unless you are trading intraday...you can look like a genius one day and a fool the next.
This sucker has dropped from over $60 to < $15 in a little over a month....and only now is it getting a little oversold on the daily charts. RSI only today broke below 30. Hope you knife catchers have a lot of ammo left...just in case.
Aaaaahh......Aaaaaah.....it feeeelsss......soooooo.....gooood!! VOLENTE I'M CUMMING!!! VOLENTE.....DON'T STOP!!!!.....love you man!!!!
keep up the good work!!
wow volente...you are so clever. You posted an old post of mine...that proves yet again how deluded you are. And how again did that quote of mind equate to me being short? Or just where in that quote did I ask someone whether I could short it?
I was asking about the candlestick...
so talking about bearish pattern equates to being short a stock?!! Wow...talk about wild assumptions. And that totally negates the FACT that I said shorting TIE is suicide and it could go up another 100%-200%?!!
You got me so bad sherlock!! haha!!
keep up the good work!!
volente...you are such a dreamer...that's why I love you so. if you would read my last post in response to someone who was shorting tie...I told him that shorting TIE was suicide and that it could go up a lot more.
thanks for proving again that you have no ability to descern between...
I didn't vote yet. Waiting for your "s&p just made intermediate term bottom @ 1190.12" poll next month. I'm sure you'll have all the bottoms covered sooner or later...so good job...keep it up.
This stock is up 7200% in 2 1/2 years...daily, weekly, monthly RSI are off the charts. Up 12 straight months with the monthly RSI at 98.33. The strongest stock by far in the market. But who's to say it can't go up another 100-200%?
I think the chairman pays really close attention to the...
If the stock doesn't ramp the last couple hours of the day...it will have formed this bearing candlestick pattern. Been watching this stock for over a year waiting for a reversal pattern...anybody know how reliable an Evening Doji Star is over the short term...
QQQQ, JNPR, GOOG, YHOO, AMZN, EBAY, BRCM, SNDK...etc.
I could go on and on. I haven't been prohibited from shorting any Nasdaq stocks on the downticks so far.
You can try it if you need anymore proof. Just use INET or ARCA.
I'm not sure about the NYSE stocks...since I try to avoid trading them. But you can definitely short the majority of Nasdaq stocks if not all of them on a downtick via the ECNs. Just use Instinet/ARCA and it's a go. I do this everyday via Cybertrader.
If you haven't seen orders that big on the Qs then you must not look at it very often. I trade the Qs every single day...and 100k share taken at the bid or ask is NOT unusual. Like I said before there are many times in the day when there are 400k-500k on the bid and ask...not all the...
are we even talking about the same thing? The QQQQ trades an avg 70 million shares in a day. Over a typical 6 1/2 hour trading day...how does that equal 200k-600k over 2 hours? I see 100k-400k shares on the bid or ask all the time. I've personally bought over 50k at a time and not even moved...
you can buy 100k of the Qs pretty easy...probably not move it more than a penny most of the time. I don't buy that much but I have bought 50-80k at a time...instant fills.