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- $53 Just like Tuesday, the morning giveth, afternoon taketh away. I think I need to adhere to a 2-hour work day. Hermit, I feel your pain; why is it that the trades you size up on are the losing trades and those tiny partial fills and 200-share lots are always profitable???

Using the DOM, I often see the last trade @ a number of lots that is not reflected on the T&S or the L2 screen. For example, on the attachment you have a last trade shown as 100 @ 71.91, yet there were no single trades or even a combination of smaller lots that added up to 100 (10,000 shares) at...

You guys are getting way too complex here what with waves, angles, etc. Here's a simple alternative: Using a 12cm x 13cm sized chart in PowerEtradePro, short when price pivots after moving at least 1 cm above the 20-period MA; long when price pivots after moving at least 1 cm below the...

One2, I agree with Geez here. I took a ton of heat on my NVAX positions last fall but my plan was to hold through 2009 when a lot of their "news" was due out. Swine flu was more news than I expected, but it brought over 5K in gains this spring.

No trades, took a break.

Right now, the path of least resistance is up. Institutional buyers have money to spend. Even bad news provides nothing more than a dip for them to buy into.

It just seems that the prices you are looking to buy will take several days of retracement to get to. As an example you want to buy AAPL @ 163.39, which is below its previous support level from 9/2. Usually it takes 2-5 days for price to swing from the one end of the spectrum back to the trend...

The prices you desire are several days away, it seems. Why not take the short ride to your long entry prices and catch both swings?

44 trades, 20 winners, 21 losers, 3 b/e Winners cut short, losers let run to full stop.

So for all the stocks above you have limit buy orders in place at the prices listed and you just wait for fills?

Are you insinuating that I have to do this again...properly???

The majority of today's losses came from putting on a solid trade, moving the stop too close, getting stopped out for a small profit, watching the trade move strongly in my favor (had I left it alone), chasing it, and then getting stopped out for a loss. I don't even know how many times I did...

Great trading, Bob, and tell Mrs. W also a job well done! (Did she labor on Labor Day or was it today??)

- $505 Overtraded X today. I traded both live and sim together using two styles: In sim I used my “dangerous” trading style of averaging into a position that ran against me. This is how I used to trade, back when I was profitable. I would either average in, or place a very wide stop and...

- $505 Chopped to death with steely knives eek:

Hey One2, Nice to see you started a journal. I wish you the best of trading! Do you use PowerEtradePro for the penny stocks, and how long to get filled? I tried SPNG once and no fill for several minutes so I cancelled the orders. NoD

Neke, you've dipped down to previous resistance. Now it's important that previous resistance becomes new support; this sets up the rally to a new high. Don't chase trades, let the setup confirm, and no revenge trades. (I can give advice because I'm long 1000 NEKE Dec 975K calls) :cool:

Sometimes it doesn't take long at all. Take a look at AMED's chart between yesterday and today to see the footprint left behind when institutions want out right now. I'm curious about the logistics behind the dreaded "gap" when you're an institutional holder. How does a huge position get...

It's all about money management. I recommend this journal to anyone who thinks otherwise. More losers than winners, and he's not only won the bet already but is up well over 50% now. I know he's for real because I spent most of the year in a trading room with him and he called all his trades...

Firstly, Robert is positive on the year $25K. Secondly, he lost $118K as a result of a securities fraud. This is a rare and random event that is not the result of how well or poorly a person trades. Even when you include the fraud situation in the numbers, you are still looking at a trader...