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Dude.. Markbrown... seems like you have an axe to grind. Get a life. Esignal is great for what it does... what do you expect for around $100-200 a month... as far as reliability goes esignal is better than its competitors.. qcharts, realtick... If you want something better just cancel...

I agree tha Nasdaq is strong... but I do still have some longs on the table that I am trailing at a profit.... so if I get stopped out and the nasdaq rallies 30 points tomorrow... I should stilll be ok... This also is the only short I have on at the moment.. so I dont have too much downside...

Geez... just plain ol' short the common stock.. ticker symbol QCOM. No particular hedge on the trade itself.... but my account does hold a few longs that I am trailing at profit.. So my market exposure is kinda hedged.. but the individual trade is at fulll risk...

No hedge.. just shorted a few thousand shares of common stock.. with a stop loss at 33.01. This is a directional trade no need to hedge... worst case I get stopped out a higher price than $33.01... if thats the case.. I accept the outcome. Why does this sound like trandingmarkets ? What is...

So when is it easy to sell? Maybe into strength and try to pick a top? Or when the market is showing you it wants to go lower? --MIKE

Thanks for the heads up.. but I am not worried... Thats why I have a stop loss...

Actually.. I dont look at my p&l for an individual trade.. nor the total value of my account intraday... NO P&L of anything intraday... too many psychological distractions... I just focus on the charts... --MIKE

Yes.... so I started to scale out of my profitable positions.. this way.. I pay myself when the money is there... I also set my stop to breakeven after I start to scale.. this way.. I pretty much lock in the profitable trade.. -- There really is no right answer but this works best for...

I have been making some good money on the long side the past few months... now its time to try a short... QCOM failed to rally with the broader market as indicated in the chart below... The relative strength line for QCOM is poor. The chart looks like a head and shoulders pattern... and...

Guys.. just ignore Jesse... its that simple... Let him piss in his own journal.

Nice charts... but I would wait for the confirmation of the breakdown before going short... If indeed this is the top and the market will duplicate the performance of the Nikkei.. there will be so much downside that being a little late to the party is no big deal... Dont be a hero and...

In reality I would not consider this a pullback off lows because the market has been trading over its lows for over 7 months.. and has been basing... I do agree the market is bound for some type a correction... however you have to agree... right now.. the money is being made on the long...

Babak... with all honesty... I completely disagree with your entire strategy of top picking and most of the methods you describe in your journal. While I agree that the nasdaq is overbought and is bound for atleast a dip... just because a few indicators are majorly overbought doesnt mean we...

DAWG.. Hope you caught the afternoon rally.. I believe it was a rocket setup? Did you trade yesterday? --MIKE

Which MA do you guys prefer.. the simple or exp.?

Traderkay... I would sell 1/2 to a 1/3 of my position once 1R is reached and then place the stop at breakeven. You need to reguarlarly pay yourself $ even if it is little... because those little gains add up.. and you will maintain more consistency. You are pretty much trying to swing...

Glad to hear about your success:) Which ETF's do you primarily trade? Can you share your successfull strategies? --MIKE

What a market!! Every single high volume breakout is working. This is one of the best performances I have seen in a long time.. I will continue to buy breakouts until it just doesnt work anymore... its that simple... No contrarian crap... just going with the flow... --MIKE

DAWG, ONCE again.. are you in this AM rally? I believe it was a rocket? --MIKE

DAWG.... Hope you caught the big down move in the AM...