A real trader posting real trades to benefit newcomers.

[nakachalet]

Again I ask...A 38% retracement from where? 38% from what low? From what high? I'm down 45 points into the close. How do those colored lines help me? They do not even have annotations, so how can I read that chart?

With no annotations, the lines are meaningless. From where is the retracement drawn? Fibbo analysis is a lost cause. Peeps have been doing that all through this bull market, and they all have been WRONG in predicting price movement.

Keep guessing, just like I am.

great question indeed!

well perhaps you aren't aware yet,
that our trading friend is from China
where many excellent cultures are
distinctly different from others.

or am I incorrect in believing that
your trading charts are from China,

but which part?

thx trading aspirants.

 

[nakachalet]

Trading friend from China, if you are confident,
you can just post your live trade on your live screen;

for all of us to enjoy and emulate perhaps,

that way it would save you plenty of time in
typing and arranging your descriptive trading
and results, however excellent and real;

we all will love it even more and admire
your picking of entry and exit where everyone
here can see and enjoy;

and perhaps make a few extra dollars
following your skills and how how....!

Thx everyone.

 

[nakachalet]

great question indeed!

well perhaps you aren't aware yet,
that our trading friend is from China
where many excellent cultures are
distinctly different from others.

or am I incorrect in believing that
your trading charts are from China,

but which part?

thx trading aspirants.

 

[nakachalet]

The exact time of chart was
denoted on the upper left hand corner,
down to the seocnd of that chart. Thx again traders.

 

[caacapital]

If he isnt selling anything why does it matter if he is trading a demo or not? This is in the journal section. You say you trade on market conditions so you dont have "leevels"?

 

[Overnight]

...

I really cannot abide people who quote their own post, yet do not add any text. You, sir, frighten me. Especially since you seem to be attempting to type your text in prosaic form. Scary scary scary.

Posts #131 through #134,
I must conclude are heretofore,
Null and void.
Because I'm a 'noid, and you're a droid.
If you prick me, do I not bleed?

I'm pretty sure that is the worst bloody prose I have come up with in about a year. Hey, I've been inactive, so am out of practice. But the feeling is true.

 

[vanv0029]

Mmmm….OK. It would have been a "much more reliable trade". You say this in hindsight. Did you actually do that trade, vanv? Or are you just pooping on the guy's 600 bux in 6 minutes? I'd rather take the 600 bux in 6 minutes than think back, after the fact, about what would have worked BETTER, and not done it in the first place.

I do not trade extremely volatile stocks that have a day range of 100%
(high 9.99 low 5.70 RTH - hit 5.32 after hours). If Mnewton had waited
a minute or 2 more, share price was back to 8.50 so trade would have
been break even. A slight loss of concentration would have resulted
in large loss. If poster had waited 10 minutes more share price
was 7.50, 20 minutes more share price was around 5.80 for 2.70 loss.
Poster was lucky. Isn't this thread about rational trading?

 

[Overnight]

I do not trade extremely volatile stocks that have a day range of 100%
(high 9.99 low 5.70 RTH - hit 5.32 after hours). If Mnewton had waited
a minute or 2 more, share price was back to 8.50 so trade would have
been break even. A slight loss of concentration would have resulted
in large loss. If poster had waited 10 minutes more share price
was 7.50, 20 minutes more share price was around 5.80 for 2.70 loss.
Poster was lucky. Isn't this thread about rational trading?

Your drivel is meaningless in hindsight, because he made $600 in six minutes. What about that fact are you not grasping?

 

[monet]

@nakachalet @vanv0029

What's with
all the
manual line
breaks, FFS?!

 

[yc47ib]

canceled a buy order in one acct.

The other acct, cancelled a bunch of orders, need to review market before sleeping to put in new sets of orders.