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Hi trader, Limited amount of time so please forgive me as I reply quickly. I received a signal to start fading above 7 during its first move higher. simple as that. it was overbought during that time period. Have a good weekend. Robert

Very interesting day today I had a couple trades with NKE today. First the GAP up and then a fade of the first move higher. NKE gapped up today after moving into overbought territory. Classic blowout top but it is a big priced stock that could really move so I did not add a lot of size beyond...

Slow but fun day Not many trades today and nothing after the open. I did have a friend stop in and watch the opening action so that was a pleasant change for my normal solo opening trades. ABII Gapup BW1. Went well and was able to trade it twice getting target both times. Traded small size...

You asked..... Standard Deviation to quote my brother "I wouldn't worry about it" calculating gains/losses on a daily basis puts you on a roller coaster that you don't need to be on and will probably do a lot more harm than good. If you have 50 wins for $100 and 48 losses for $100 you...

One nice open trade and an IPO today All in all another day of sideways action. The SPY moved up a little bit but nothing to get excited about. ONXX gapped up and I faded the move with small size and was able to capture a gain. + 119 FNGN was an IPO today on its first day. GS was a lead...

Only one trade today My one trade was PVH and it didn’t take more than half an hour today. It was a gapup that I was able to get full target along with some scalping. It did fall further than my cover price but I was very happy to have an excellent setup like this on a day when the market...

Slow day even for a Friday. Very little going on today. I did make a couple of trades but I also lowered my size at the entry point so I could add heavy if there was any carry through. As it turns out there was none. I hit the top of the move in both cases and my day was done within 45...

Missed more than one by less than five cents today Not a lot of fun to watch a setup come within a few cents but I stuck to my guns and was in the end rewarded for doing so. I probably could have just passed on IMAX but the other trades where great from start to finish. I would still give...

Pretty good day of trading. Great results but I think I could have done a better job of trading. Some trades that didn’t need to be taken where ITMN PSYS. ROVI could have been taken at a higher price when I shorted it. They all worked out well especially ROVI but I can improve by raising...

No shares available AIG gave a sell signal but IB didn’t have shares to short. Interesting thing is that TS did have them but that was not an option as the account is not large enough to use as effective fading. Knowing how large the trading in AIG is I thought I would take a look at the...

As time will allow I will post my results Not much for signals today I received a signal RGC that did not fully complete for a full short and was getting near the close so I covered it and called it good + 8 ANF is a gapup +1 which is an ok signal. The last one I traded was HAR and...

As I brought up in the last few posts I am going to suspend my responding to posts. ET is awesome and I learn a lot and get so many ideas that I find it a very valuable resource. I am however trading full time, taking over a full time load of college and have three young boys at home that...

Hi Yobo, Well thanks. Good to have any skills. It is interesting you use the term train wreck. I am sure many would agree. I started full time trading in april 08 and since that date I am actually in the green but I surely could have made a lot more doing something else during that...

21, Thanks and I will be right in the start of May Best Robert

Hi NoDoji, Yes I totally agree. At some point I will have the final rally trade codified and backtested fully and will add it as a trade. I currently do not have a final hour trading trade and this type looks the most promising to me right now. We are both on the same page with this type...

Hi Xspurt, I agree with making changes and qualifiers. I sometimes tighten down the bolts a little tight and than i dont get any trades and if I have them too loose I get to many and sometimes they really run on my. plus they work with multiple time frames wtih some short and some very long...

Hi yobo, I really do want to know more about qualifier gap ups that should be taken long. Its a project I have for myself this summer. I think you have my trading of gaping up stocks in general mixed up with my gapup short signal. My gapup short signal is well over 90% profitably and...

Hi Placebo, Thanks for the well wishes and taking the time to post them. Would you settle for the big profits and fading but only fading the signals that work greatly? Robert

Hi TradeViper, We were thinking the same thing. Instead of changing the number of stocks I changed the number of setups and cut out the discretionary trading and the clouds have lifted. I have gone back to the mindset when I walk into my office of "I WILL trade well today" and lost the...