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    Gap Plays

    Forgot this.
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    Gap Plays

    Played the gap down on OSIP. Gapped down on news about buying out EYET. Shorted at bottom of 5 minute bar, stopped out for a $1 gain. This has to be my best exit ever, my short got covered 1 penny above the low of the day so far. Probably just luck or coincidence but I'll take it.
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    Jokes

    A man wanted to get married. He was having trouble choosing among three likely candidates. He gives each woman a present of $5,000 and watches to see what they do with the money. The first does a total make over. She goes to a fancy beauty salon gets her hair done, new make up and buys...
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    Trader P/L 2005

    I cought a ride on that for 10+ points althought it was on my small little 25 shares.....
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    Ex-Engineer Turn Trader

    ozzy, where are you moving to out west? I'm moving to socal the end of this year and I'm heading out to LA in 2 weeks to go check it out.
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    Ex-Engineer Turn Trader

    I'm an EE because my Dad is an EE. I always had an interest in stocks and wanted to be a stockbroker but my parents(ie my dad) wouldn't allow it. Said if he is paying for college, I have to try engineering. After I got in, I hated it but I didn't want to be a quiter so I sucked it up and...
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    Trader P/L 2005

    Played the Gap up on BOBJ.
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    Trader P/L 2005

    Still chugging along trying to make the turn from losing/break even to profitable. Traded the gap up on RIMM this morning. Tried to fade the gap because it was up on no news and got stoped out.
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    Limit order question

    OK, i get it now. Thanks for clearing that up.
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    Limit order question

    For example if a stock is trading at $99 and I want to put a buy in if it breaks resistance at $100, the only way I can do that is to manually wait for it to break $100 and then put in my limit order?
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    Limit order question

    Yes I am new. I understand now, i basically put in a sell below the bid and it was sold at the current market bid. So how do you enter an order to only short something if it falls below a certain price or buy if it goes above a certain price? I wanted to short this if it droped below 41.83 so...
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    Limit order question

    This morning I put in an ARCA limit order to short at 41.83 and I was immediately filled at 41.91. The price wasn't near my limit and it never got below 41.84 yet my order was filled. When I placed my order, the price was trading in the low 41.90's so it wasn't to close at the time my limit...
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    Trader P/L 2005

    I paper traded for about 6 months trying implement a strategy for playing opening gaps. I went live July 1st and have just started to break even lately. I was never trained by any one or had a mentor but I did learn about gap trading from another member of this board.
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    Trader P/L 2005

    Slowly starting to break even after going live.
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    Trader P/L 2005

    Trading gaps and doing better since reducing my position size.
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    Gap Plays

    Played the gap up on Ebay this morning. Long 400 shares at 40.29 @ 09:36:29, sold at 40.97 @ 09:40:55. Total $272 - commissions $26 = total $246 I got a little worried, I had some computer problems in the middle of the trade. My trading platform froze up a couple times. I talked to...
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    Real Fact about NYSE traders?

    I read this at another website, is this real? "Traders on the floor of the New York Stock Exchange wear an "X" on certain places on their clothing to mark areas where they have been injured so that other traders can avoid bumping them there. " Sounds BS to me but what do i know....
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    Gap Plays

    I was looking at that to but it wasn't shortable for me and the commissions I would have to pay on the lower priced stocks are pretty high for me. I played AVID on the gap down this morning. I caught only a small part of the overall move. Short from 42, covered at 41.75. Priced droped to the...
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    Gap Plays

    I've been wondering the same thing. I been playing the gaps but since going live I haven't been doing to well. This morning I played RECN. Nice gap and go play. Got long at the open at 28.65 but paniced when it retraced a little and got out at 28.53. Went long again at 29.26 and got stoped...
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    Do You have other talents Besides trading?

    I go to the gym 4 days a week after work, take Kempo 3 days a week and I race Motocross on the weekends. That's what the CRF in my tag is for, i used to race a Honda CRF250.
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