Search results

Oh yeah, I didn't mention that I had a $250 winner in CYN. I usually don't pay too much attention to my winners. I just got into ABT (news), try to play the 50c level, bought it at 55c, stop at 49c. NOT a good idea, the stock is too thick, and the spec. got my stock at 45c, which incidentally...

Accident? As of 12.45 pm, no confirmations. Traded horribly today. DYN gapped up, and kept going up, tried to short (s-$40.65, covered @$41 on a gap up, tried again @.90, covered again @$41.), lost $150. Some positive comments from the chairman regarding the buying of ENE. ABC- stock...

THE LOSER'S SPIRAL - THE DARK SIDE OF TRADING All of us, as trader's normally sense that trading can become "dangerous", if you let it get out of control when it's not going well. It can indeed be a rather dangerous (risky) endeavor, financially speaking. A friend of mine, after trading...

I think that is a very good question that desreve a honest answer. I think the main reason they " fail " is because they failed to win the battle with themselves. I think to succeed at trading or anything else for that matter, you have to really WANT IT. Deep down you have to know who you...

Pairs trading takes several forms. You first start off by finding 2 stocks (generally in the same sector) that have "tracked" one another and (this is the more difficult part) have actually "crossed" each other in weighted pricing. Then you track the pricing differences (we use the "price...

I find that using protective stops are helpful but sometimes, when I try to bottom fish, I put in a limit buy order 12c from the low of the day with the stop on the low of the day. I get filled, and the specialist spread it down 25c lower printed a new low on a minimal print, stop me out and...

Don, That's a very good point. I think having stops actually hurt more than it could help. But for guys who are just starting out, putting in stops as a protective measure is imperative to them not blowing up!.

I had a rough week . I lost the first 3 days of the week, down $850 by the middle of the week! My worst start of the week in a month. I had to stop myself and took Thursday off (Which incidentally turned out to be one of the best days of the week). I took some time to clear my head, and came...

Does anyone know if I can get a demo for First Alert?