My system gave me a bunch of buys during the first two down days but nothing after, one of which being FCX. Added to my position 2 days ago, and watched it go from 78.50 to 76.50, hitting my stop loss exactly on the nose.
76.50, was the low of the day yesterday, and now its at 82.50...
Up 187 points 1 day, down 198 another day, up 150 another day.
WTF ? How do u guys make money holding overnight ?
markets so easy right now for us daytraders. Buy at 10:00, sell at 4:00.
Or short at 10:00 and cover at 4:00.
Easy stuff that past week.
But buy and hold ...
Make sure you have all your clothes off when clicking the sell button. Having underwear and socks on does not count.
Any questions?
Sorry, had to do it :D :D
Not much in this thread I'm imagine. We're all mostly traders here. Holding overnight on this stock is stupid unless you're shorting.
Good Call on the PPS Michael
Take a look at the 3 month candlestick chart. Has Guess finally turned bearish ? I think its worth the short here. Even if it just fills the gap.
What do u all think ?
I can't wait to short AAPL. Just a matter of time. I wish i got in long, but each time I talked myself out of it. Talked myself out of it at 95, and again at 110, and again at 120. I'm a fool, but I will make money on this bad boy when it goes down.