Search results

Yo, Ben-cat: NIIIIICE!!! You learned the most important trading lesson there is: "The only real loss is a realized loss!" Buh-Buh-BANG!!!!!!!!!!!!!!

+$174 Short RSH @ 17.95, after pullback from HOD left a shooting star; covered @ 17.70 for +$49. Short RSH @ 17.80, pullback from lower high beneath a falling EMA; covered @ 17.38 for +$82, pivot off oversold after a 3rd push down. (I know what everyone’s thinking: “Put on some...

+$174 200 shares of a 18.00 stock - lol

LMAO! Just awoke to see the overnight low on ES @ 1052.50 and the following in my business news: NEW YORK (AP) - Stocks are set to slide Wednesday as investors remain cautious about the size of a potential economic recovery. Futures are lower. Overseas markets are falling, following...

This is just one of several situations I've practiced in sim that's been extremely educational. On a 5-min intraday time frame it requires quick evaluation of changing scenarios (have the chances of success with a double down improved or gotten worse) and quick calculation of proper price levels...

Hmmm...that about sums up how I feel at the end of some days :D My losing trade today put me back on track very quickly. After that I was a machine. Amazing when you stick with ALL your rules, how much easier it becomes.

The 50 car ES trade was done for fun so I could post it on the BANG! thread. In a live account I simply wouldn't put on a trade BEFORE a market moving news event. The CL trades in sim have been incredibly educational for me. Although CL follows MA's, S/R and trend lines like anything else...

IncNow, your awesome performance inspired me to the next level in sim today. I fearlessly hurled 50 ES sim cars BEFORE the consumer sentiment news! Then I fearlessly hurled 100 AMZN put-put cars because I had had enough of that "all-time highs" crap! As for CL, well....well...well, I...

For Hermit and any other followers of IncNow's EXTREME-HIGH ENERGY thread, I offer a view of how NoD's daily P/L would look if she wasn't grossly undercapitalized :p

+ $48 Took no early live trades, waiting for the consumer confidence report before taking sides. Sim traded CL for +$138 pre-market, then a bit after the open up to $232, then gave 2/3 of that back on a trade where I was stopped out to the tick (.01 cent above the HOD) before a move in my...

+ $48 Spent a lot of time with sim today, ES, CL and options. As for my live trades, considering I made a -$240 mistake with ES early on, I'm quite pleased with the final result. :D

Spot on, Hog. And the problem with chasing when price is dropping like a rock and in an established uptrend is that it's VERY easy to get caught selling the bottom.

Petsamo! WTF! Cramer's calling the top! NEW YORK (TheStreet) -- Jim Cramer told the viewers of his "Mad Money" TV show Monday that one key phrase appeared over and over again from this month's flurry of corporate earnings, and that phrase may have caused the markets to reach its...

Yes, when I was just starting day trading I realized quickly that loss of internet connection could be a bit disconcerting especially if, say, you're trading something like BIDU that can move several dollars before you can blink, so I asked for some advice in ET's chat room and Stu (TheStudent)...

Slightly off topic, yet still somewhat on topic 'cause I wanted to be like startraitor: My $2 Powerball investment netted $3 this weekend, a freakin' 50% return, and that wasn't no SIM buck! BANG!!!

Thank you Oracle for your kind words. My journal has been by far one of the cleanest I've ever seen on ET and I thank everyone for playing nice here. However, some journals just beg to be trashed and I'm sure IncNow will forgive all of us who conspired to turn his HIGH ENERGY journal into by...

+ $226 I figured it would be a good day because a) I played 3 soccer matches yesterday all three wins, and b) Saturday I returned a bottle of nasty-tasting red wine vinegar and got $2.15 back. I was at customer service where lottery tickets were sold and I hadn’t bought a lottery in forever...

+ $226 Bittersweet day: No losing trades, but after a nice scalp on ES, I had a re-entry offer missed by ticks, then was afraid to chase it. OMG, somebody just shoot me - BANG!!! (OK, not really. Really I want to live. Really truly I do. So don't shoot me...yet.) :D

I started sim trading CL intraday a few weeks ago, .20 cent stop on all trades, 5 min chart and use S/R exclusively. The only thing on my chart besides price candles is a 20-period EMA to give me a quick visual of whether I want to go long or short. If it's trading in a range, I've used...

I'm in love with T/A and that's a rare comment coming from a lady. :D :D :D You had to love my chart! So much care went into the various levels of implied irony with that one! (BANG!!!)