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Been rethinking this. Have decided NOT to add to this position. Maintaining my current position and stop.

Blah, blah, blah.....my account would say otherwise. Just because you can not build the same beautiful piece of furniture a carpenter can with standard carpentry tools does not mean the tools are useless.

Go back and look at ALL of your losing SHORT trades in the last 3 months and I bet 90% or more had a RISING WEEKLY EMA 39

Follow this simple rule and I bet you will be more successful. NEVER short a stock that has a RISING WEEKLY EMA 39 and NEVER go LONG a stock that has a FALLING WEEKLY EMA 39. That is not the end all of TA and I do break this rule at times but its a simple rule to keep you on the right side of...

I know you were not talking to me but here you go..... https://www.elitetrader.com/et/posts/4378648/ https://www.elitetrader.com/et/threads/amzn-long-764-42.305209/ https://www.elitetrader.com/et/threads/long-micron-mu-target-price-22-50.304966/ https://www.elitetrader.com/et/posts/4304913/...

Also, you have been shorting for months,...I have been advocating staying long for months. Who has done better in this market you think? The Bulls or the Bears? I am simply trying to help you see things a different way. Open your eyes and your mind to seeing what the tape is showing you.

You have given me many reasons YOU believe the market is over valued and about to tank but have YET to show one single piece of PRICE proving you are correct. The market is showing its a bit tired but very little weakness. Tired just means it may take a rest but a drop where its teetering on...

Notice the top of the book says "New York Institute of Finance". This is or was an official textbook used to teach TA. By the way the author of this book runs the biggest TA website out there. You also forgot the education I received which was from the "School of Hard Knox".

This is meant to be purely educational....This is NOT meant to insult anyone or be mean in any way. I DO NOT usually short stocks in a Bull market. It seems some people (....Vanzandt,...) like to SHORT non-stop in this market. What bugs me is when I see these people shorting stocks that have...

Still LONG here. Raising stop to breakeven.

Yes got stopped out of this one yesterday at almost breakeven.

Thanks. Actually I was stupid in my stop loss placement on the original trade. I have a method where I subtract a multiple of ATR from the recent low and instead I subtracted it from the entry price.....dumbass move on my part and ended up placing stop at $754.54 rather than $750. Had I done...

Yep,... My add on (0.25%) order did not get filled today. I think I have a chance to fill at a better price soon so will lower my add on price to $769.59. I expect a slight retrace to that level before bumping higher. If it never fills no big deal. First position (0.75%) was at $759.13. So far...

That's 0.35 PER SHARE you sold short. What if you had bought at that same price?.... You would have made $1.95....nearly 6x what you lost on this trade.

Order to add to position at $770.15,....don't know if it will fill or not. Stop loss on current position at $748.95

I still don't understand why you insist on shorting everything that is going higher. Not trying to be mean but so far your record of shorting this market has not been correct. Why fight the tape?

Like most other stocks in this market....go LONG

Got back in this trade at $759.13 this morning.

Agreed. When I saw the rising wedge I have AMZN the benefit of the doubt because of rising support line and several support lines being at this level. The Weekly MACD is still bullish but falling. Usually big weekly trends do not have prices fall out if the sky. They usually bounce at support...