A long in NQ @ 1401

heilbronner · Nov 24, 2003

Sell limit order @ 1409.

fan27 · Nov 24, 2003

Do you have a stop in. If so, Where? Looks like we could break out from here. But then again, we could Breakdown.

dbphoenix · Nov 24, 2003

Or go sideways . . .

heilbronner · Nov 24, 2003

Just sold@ 1405.

heilbronner · Nov 24, 2003

I'm not that patient. Anyway this is a 4 point gain per contract.

LongShot · Nov 24, 2003

nice call

dbphoenix · Nov 24, 2003

And what was the point of all these posts? Just wanted to let us know how things were going?

heilbronner · Nov 24, 2003

Quote from fan27:

Do you have a stop in. If so, Where? Looks like we could break out from here. But then again, we could Breakdown.

Yes, but not a tight one. I hate to talk about stops. In addition I hate tight stops.
And I don't like wannabes talking about success with tight stops in the future markets. Yes, there are some situations that work with TS, but they are very, very, very seldom, indeed.

sulong · Nov 24, 2003

Quote from heilbronner:

Yes, but not a tight one. I hate to talk about stops. In addition I hate tight stops.
And I don't like wannabes talking about success with tight stops in the future markets. Yes, there are some situations that work with TS, but they are very, very, very seldom, indeed.

What is the distance, tick wise,between a stop and a tight stop,
in relation to your entry?

heilbronner · Nov 24, 2003

Quote from dbphoenix:

And what was the point of all these posts? Just wanted to let us know how things were going?

Just felt that this was a good entry point and just wanted to give something back to ET board, because I have taken that much out of it from the posts of other experienced traders. Also enjoy reading your posts, dbphoenix, so thanks.

Apart, just saw that we reached the initial target of 1409 and we are even higher. As mentioned I lacked patience.

But I'm sure some here made it better than me and took advantage of the whole move.