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    ways to correctly recognize pullback/reversal

    I am a trend trader in daily chart. each time when I see intraday up, I view the market is going up. or vice visa. that caused me trouble. I know some guys use divergence indicators to judge reversal/pullback. take an example, GLD (gold), I see it is trending up in daily chart...
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    bought 29/28/27 puts of CDE

    all red, just when get in it is green. feel not good. I think you are right. I bought EGO puts. seems EGO is ready to short. CDE is too early to short. I suspect you are right. maybe hit 30+, then those guys want to dump. a lesson is learned. wait and be patient.
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    bought 29/28/27 puts of CDE

    my reason is overbought. it hits the resistance, ready to drop hard. go up fast and steady, go down violently. it is still an up trend. I think the sharp drop is just around teh corner.
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    21 Ways Rich People Think Differently

    good article. when I got laid off, and started to do trading with $4k. my wife and many friends including here, they thought I will fail. when you do something different from others, or the majority. they object, disregard. that is why success is hard. when I get a little setback, like...
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    KBH 10 strike call at 0.93~1.1 last week

    did not realize I have another position in my retirement account. thought I already sold them. this is a surprise. really makes me laugh.
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    KBH 10 strike call at 0.93~1.1 last week

    to sum up. my idea in this trade is break up from 11.0, actually before it runs up, all green bar. it already teased around the 11.0~10.6. another idea is the rate is so low, IYR reaches new high, home builders march higher in a trend. why 13 as my target, I used some kind of measured...
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    KBH 10 strike call at 0.93~1.1 last week

    sold all BAC 8 calls in the opening, kept the 9 call. sold all KBH calls at 2.75~2.82, almost tripled. used 30% profit to buy 13/14 calls OCT/JAN. old HUSA with B/E, lost some commissions. will not touch those penny any more. there is no trending. against my rules. get to shift back...
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    how I walk into a trap and lost $1k

    it is a pre-market, I have 1000shares of stock. I did not check the bid/ask carefully, hid the bid (actually 1point lower than my entry), thought it is a close price, but a huge mistake, I feel kind of odd, when I write the order and it was sold. later realized I sold with the bid! and I give...
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    KBH 10 strike call at 0.93~1.1 last week

    bought back BAC 8 strike 0.9 at the closing, and some 9 calls, all green still hold KBH call, get to wait it to hit 13, already 100%+ bought 5000shares of HUSA stocks (I found there is no suitable option for it) at 1.4 at the closing, it will rock, wait for it to hit 2.0+ to unload
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    KBH 10 strike call at 0.93~1.1 last week

    out all BAC with 30% gain, half of KBH with 100+% gain, out all IYR with nothing gained. looks the market is going to drop hard when FOMC annouces.judge AAPL wrong, bought some calls 0f 705 in the opening, lost, when I turnned on my computer at the closing, saw it dropped 20points, I judge there...
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    guess about FOMC policy

    there is lot of hope in QE 3. but when I look those economic data, the labor market, the service sectors. I think QE 3 is a wrong expectation, maybe a surprise with rate hike. if a rate hike happens, what will you guys bet? if a QE3 is given just as expetected, what will you guys bet...
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    Heng Seng Index Options

    what I am looking at is FXI. I heard Chinese Goverment will lauch big stimulus again by infrastructure construction, the tallest buildings or something ... FXI is trending down. lag behind U.S. market in 2012, henseng advanced 7.1% so far, shanghai dropped -3.3% u.s market nasdaq...
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    Should You Daytrade?

    an old lady bought some stocks and left his home country, travelled to U.S. to live with her daughter, after years, she went back, she found what she bought are 10fold increase. a young man just after he graduated, he bought some stocks, then he made some minor criminals, and was put into...
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    Should You Daytrade?

    10k to day trading is a sure way to fail. since it is too tiny, you need margin. when margin is involved, you are under control by the brokage. market is valitle, 20% agversary happens everyday, when you are forced to get out, the market takes your money and smile back: you fool, bet again...
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    KBH 10 strike call at 0.93~1.1 last week

    added BAC 8 call, CHK 20.5 call, GLD 160 call, BIDU 105 put for week ending 9/14. , still hold IYR and KBH call.
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    KBH 10 strike call at 0.93~1.1 last week

    just thinking about getting out, it starts to boom. this is really what I must grasp: keep patient. glad, I push my patience limit again and again. still hold KBH/IYR, kbh call almost doubled. wait for it to 13 to sell my calls. hope tomorrow employment situation data will help more in...
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    KBH 10 strike call at 0.93~1.1 last week

    exit all of THLD above 9 with meaningful profit exit all BZH with minor loss, could not tolerate its slowness, do not make any sense to me, it just moves several cents, my calls do not move at all still hold IYR & KBH call, green, but not too much. I lost patience in this play, I am thinking...
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    KBH 10 strike call at 0.93~1.1 last week

    added some more for THLD in the dip. KBH is breaking up, added more. added some IYR calls when it fell to 65.02+. great things will happen
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    Position Sizing

    this topic is rediculuos. how much or how large your account is? if your account is not big as 1M+. there is no need for position sizing. if you your account is just 50grands. you get to learn: all in. why? trading is a war. if you divide it too many pieces, you may protect you...
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    KBH 10 strike call at 0.93~1.1 last week

    THLD jumps just as i expect. IYR/BZH almost green. just be patient, looks KBH will jump next week as THLD. still hold everything. patience will pay off.
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