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  1. NoDoji

    Argh! 2 day losing streak to start my Da-Trading career...

    AMT - if you entered at 36.69, how could you have lost $$? The 2 times today it traded at that price it went straight up. CMCSA - 19.95 was near the top of the morning run up. Both times in the morning it traded at 19.95 it was in an overbought condition and therefore a poor long entry point...
  2. NoDoji

    Hi, explain to me how adding to a WINNING position is profitable?

    If you're daytrading and you're very strong on chart analysis, it would work to your best advantage to close a long winning position before the pullback, then re-enter the position on the next pivot up (if you're still bullish on the move). I believe a situation where you would add to a...
  3. NoDoji

    NoDoji's Day Trading Log

    + $797 Lots of strong opportunities today, it was almost distracting. I need to remind myself to focus on a couple top picks for the early morning volatility and grab the entries when they present. POT was hitting lows and I bought a small Oct $165 call position. Added to the position when...
  4. NoDoji

    Trader P/L 2008

    + $797 Traded conservatively, missed some good entries there was so much great action happening at once!
  5. NoDoji

    PPC News

    ROTFLMAO and something to the cat :p
  6. NoDoji

    PPC News

    I believe passage of the $700 billion dollar "Economic Revival Program" should be contingent solely upon the following mandate: Every chicken-loving American must to do his/her patriotic duty and purchase at least 361.0675 shares of PPC in the morning! (This figure is based upon the $2300...
  7. NoDoji

    PPC News

    For those holding PPC through the halt: Pilgrim's Pride Trading Halted After Plunging a Record 38% By Choy Leng Yeong Sept. 24 (Bloomberg) -- Pilgrim's Pride Corp., the biggest U.S. chicken producer, plunged 38 percent, the most ever, before trading was halted on the New York Stock...
  8. NoDoji

    NoDoji's Day Trading Log

    - $132 RKT puts did not move much even though the stock tanked and the bid/ask was so wide I exited for a $50 gain. Too soon, as it finally tanked enough to make a better profit later. Bought BUCY @ 50.72 after it dropped to an oversold position. It spiked to 50.91 and then fell hard...
  9. NoDoji

    Trader P/L 2008

    - $132 Left $ on the table and got killed on slippage.
  10. NoDoji

    Quote of the Centurty

    Amen! "The Government" is us. You don't like it, you should run for office.
  11. NoDoji

    NoDoji's Day Trading Log

    + 421 Another frustrating day because of no shares available to short on so many excellent short opportunities. SPWR was my top pick of the afternoon, but the bid/ask spread on the options was over $1, so I left it alone. PNRA fell rapidly then consolidated. I placed a target limit order...
  12. NoDoji

    Trader P/L 2008

    + $421 Still no shares available to short most of what I want to; using options on some.
  13. NoDoji

    NoDoji's Day Trading Log

    +$165 Left $3500 on the table by not holding SHLD puts over the weekend. Tried to short and no shares available: BWLD, AZO, BABY, SNDK, ANN and PNRA. Bought PNRA puts, which I’m holding. HSY hitting major highs from 40.70 to 44.32 in about half an hour. Bought puts cheap. Saw...
  14. NoDoji

    Trader P/L 2008

    +165 Six short orders rejected - no shares available. They weren't even financials :(
  15. NoDoji

    What does this news alert mean regarding a stock?

    What does it mean when you see those DowJones newswire alerts scroll by that say: Company Name (Ticker Symbol) Ind: 38.0-42.0 Last 36.50? Example: Massey Energy (MEE) Ind: 38.0-42.0 Last 36.50 Is it indicating a price range of standing orders as compared to the last price?
  16. NoDoji

    Trader P/L 2008

    +$2495 Have a great weekend everyone!
  17. NoDoji

    NoDoji's Day Trading Log

    + $2495 FWLT up big in pre-market and there was a market-on-open sell imbalance, so I wanted to take advantage of early volatility and the gift of a bear rally to offload my Nov calls. The bid/ask spread was huge, so I entered a price in between and eventually got filled for a $2330 gain...
  18. NoDoji

    NoDoji's Day Trading Log

    Thanks for the encouragement, 1R. You are hitting your stride, man! I admire your calm under extreme circumstances (CEG, RTT). (My 2nd trade yesterday was actually very small, only a $4800 investment to make $1000. A little patience would've netted $3000!)
  19. NoDoji

    End of day rally

    The one problem I used to have with PowerE*tradePro was it would act as if my connection had terminated and I'd have to restart. This was very rare, but annoying to say the least. What I do now each weekend per the steps they've walked me through in the past is delete all the Java temp files, do...
  20. NoDoji

    NoDoji's Day Trading Log

    + $143 I was excited to trade this morning because all day yesterday I continued to study stochastics and narrowed my best indicator down to a very specific pattern, and how it worked under a variety of conditions (bad and good, since yesterday was the day for that). So what do I do this...
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