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b/e on the day I had 3 limit orders missed by ticks that quickly moved huge, but I adhered to my "no chasing" rule, especially since the moves were quite abrupt.

b/e on the day Pre-market Nov crude was moving slowly and selling off each time it hit 70.47, so when it left a slightly lower high, I offered 70.43 with a stop @ 70.53, figuring if it suddenly ripped through resistance with slippage I’d be within my max loss per trade. It hit 70.41 and...

I wondered where Julie was??? I had to order my Mint Chocolate Chip Frappacino Blended Creme with Chocolate Whipped Cream from some idiot named "Thad". After he took my order he said, "Hey, buy SBUX right now, it's above yesterday's close!" So I put on 100K shares at 20.54 with my...

Do we really care whether estimates are low balled to help the market rebound? Do we really care whether analysts upgrade one week and downgrade the next? My all-time favorites being: "raised from a sell to a buy" (so the company has turned itself around that quickly??) and "raised from...

It's a surprisingly difficult road to travel, but I'm willing to build and test many vehicles to find the one that travels this road with ease.

Hog, this comment accurately reflects something I did this morning. After the sim trade with crude, having a bit of time, I contemplated a trade on ES this morning. The price action was too indecisive for me to play the ORB. But as it ran up off a slightly higher low and then stalled for a...

A doji is a candlestick pattern in which the open and close are exactly the same, signifying indecision in a standoff between the bulls and the bears. My handle is NoDoji because my goal as a trader is act decisively, putting on strong trades without hesitation as soon as they set up, rather...

Do smart traders actually hold positions through earnings intentionally??? (I've held twice through earnings by accident). I mean assuming you have no inside information, why oh why would you hold a stock through earnings unless you were a long term investor?

Careful, Hermit, we don't want this thread relegated to chit-chat! :D Threw some sim cars on Nov crude early this morning and BANG! +$1800 lickety split! Out for the rest of the day so no live trades.

Hey Oracle, I've been focusing very hard on patience and following my trading plan lately. I've firmed up the rules and as long as I'm totally patient, the trades work out. My biggest problems are: Trading the midday chop (a waste) Missing a fill by a tick or two then chasing entry...

Tested a trade on Nov crude in the sim account on the inventory news. Again, because I can't bracket orders in sim I picked a side, choosing short because I believed low demand would be the news of the moment. Unfortunately the slippage on the stop order that got me into the trade was awful...

Here's my favorite "BIDU's overvalued" chart from 2007.

I'm curious what leads you to believe BIDU is overvalued. End of 2007 it traded above 400. In 2008 it traded near 400 before the crash. 2007 EPS were 2.42 2008 EPS were 4.39 2009 EPS est to be 6.14 2010 EPS est to be 9.04 With this kind of growth, it seems to me that BIDU...

- $39 JWN gapped up yesterday, ran all day, gapped up this morning and left a shooting star on open. Short @ 31.81, stop above HOD, stopped out for -$42. I was following the JWN chart for the action following the new high and neglected to keep my eye on ES, missing the ORB play. I’m...

- $39 Traded only the open, then out for the day.

Smart, deaddog, EXTREMELY SMART!!! If you toss 100 cars and average down in equal lots, you're at risk for getting stopped out of a potentially EXTREMELY profitable trade via a pesky end-of-day margin call. You could be down, say, a few hundred thou, have a good chunk of your position...

AGREE! BANGBANGBANG!! I been tossin those 100 car sim lots all over the place. Up $30K, down $60K, up $90K, down $200K, IN MINUTES!!! Soon, BANG!! , sim account blown. Then: Real account here we come!

+ $113 Was trailing a stop on CL at the open, but the spread was really wide which is very unusual for this one. I ended up stopped out early for +$73, then the pivot failed and it fell as much again without me. Decided to wait for ISM report before putting on another trade, so I didn’t...

+ $113 Could've taken the entire afternoon off, everything was done in the morning.

First off: Rasko yer wastin nrg puttin that "g" at the end of yer verbs. Second off: This thread has got my ENERGY SO EXTREMELY FRICKIN HIGH, I aint waitin for tomorrow to toss my sim cars!!! Im gonna toss em TONIGHT!!!!!!!