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  1. G

    A 70k bet that I can't make a 50% gain in 2009

    5/7/09: 9:33 FITB SHORT 6.45 STOP 6.65 TGT 6.05
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    A 70k bet that I can't make a 50% gain in 2009

    Hey AA48, I believe www.bigcharts.com has it. This is the site that sudhaker posted from. There is another free site that Mr. Weinstein uses when his data feed is down, but I'm not sure what it is. You may be able to do a search on past ET forums on free charting. Hope that helps-G
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    A 70k bet that I can't make a 50% gain in 2009

    5/7/09: Thurs a.m. It's too early to look at gap lists, but here are the daily charts I like: SHORT: AMZN ISRG LINTA LOGI RIMM INTU BIDU LONG: STX NVDA CMCSA Not really sure how the indexes will play out. They are getting alittle extended so it will be very hard for me to go long, but...
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    A 70k bet that I can't make a 50% gain in 2009

    hey sudhaker..... You rock!
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    A 70k bet that I can't make a 50% gain in 2009

    OK...since I have some time, I'll give details on the other 2 trades today: LVS SHORT 11.58 * LVS daily chart is extended, had a gap up the day before and gapped up today. I entered the day looking to get into LVS short on ANY weakness. This is one of the patternsI look for. An extended...
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    A 70k bet that I can't make a 50% gain in 2009

    The only time I use 1 or 2 min charts is in the 1st 10 min. of the day. After that I enter ONLY on the 5 min charts. Hope this helps, and thanks again for posting the chart!
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    A 70k bet that I can't make a 50% gain in 2009

    OK..one other thing about this: If you are a newbie, this is a great test to do everyday. You should be able to spot the trade you took on a chart within seconds...this setup looks textbook to me, a piece of cake to see. This is what you should be able to do on ALL of your trades. Does this...
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    A 70k bet that I can't make a 50% gain in 2009

    Hey Scorpiano, I TRY not to think about what profits I have, but I have noticed I get alot more selective when I am up money and look for more trades when I am down money....but as Dlee said, I cover my P/L and try to keep that as far out of my mind as possible.
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    A 70k bet that I can't make a 50% gain in 2009

    5/6/09: Total P/L + 1,203.98 3 trades 3 wins
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    A 70k bet that I can't make a 50% gain in 2009

    Sudhaker, First off, thank you So much for posting a chart..this is exactly what I need. We just have one small tiny little problem: This is not the chart of PFG......I think you put in PFC
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    A 70k bet that I can't make a 50% gain in 2009

    3:24 600 PFG EXIT 22.96 P/L +351.80
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    A 70k bet that I can't make a 50% gain in 2009

    5/6/09: 3:17 600 PFG SHORT 23.57 STOP 23.87 TGT 22.97
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    A 70k bet that I can't make a 50% gain in 2009

    10:04 1000 QID EXIT 35.75 P/L +405.62
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    A 70k bet that I can't make a 50% gain in 2009

    5/6/09: 10:00 1000 QID BUY 35.33 STOP 33.13 TGT 35.73
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    A 70k bet that I can't make a 50% gain in 2009

    5/6/09: TOO FAST to POST: 9:32 1000 LVS SHORT 11.58 STOP 11.78 TGT 11.18 9:32 1000 LVS EXIT 11.12 P/L +446.56
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    A 70k bet that I can't make a 50% gain in 2009

    5/6/09: I'm uncertain about the indexes overall, but I will have a short bias on a few stocks: LVS BIDU INTU
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    A 70k bet that I can't make a 50% gain in 2009

    Strange, yes....But this is how alot of investors trade. I will NEVER enter a trade without a preset stop and target. The stop is ALWAYS a hard stop..no questions asked. If I get stopped I can always get back in on a new setup. I look to LOSE 50% of my trades...it's all part of trading (for...
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    A 70k bet that I can't make a 50% gain in 2009

    5/5/09: Total P/L +417.94 4 trades 2 wins 2 losses
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    A 70k bet that I can't make a 50% gain in 2009

    ummmm yes, what he said. I agree 100% If I start to take trades early, it becomes a snowball effect (for me). What's to stop me from doing it EVERY trade?? This is a demon that I learned to control (think incredible hulk..lol)- and the way I combat it is to let each trade run it's course...
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