any scalpers?

[Mach4-1]

Quote from kinggyppo:

I don't know what you mean by penny pinching, nothing wrong with taking .05 or .10 cents out on JPM may get to 42.50, I assume you are buying the dips here.

Here is a chart with with one of those red lines just to aggravate you.

As just stated it is very easy to see after the event.

There are some basic things wrong with that chart.

Get rid of the up and down volume colors and use the colors on the tape. Change the 2 min to a range chart set at a level that you are happy trading - there is a little trick that allows you see a bit more but as of now I am not going to say it but I am sure that a few others know it as well.

As for that dreaded red line it really should be dead straight

 

[Fractal]

Quote from Mach4-1:

As just stated it is very easy to see after the event.

There are some basic things wrong with that chart.

Get rid of the up and down volume colors and use the colors on the tape. Change the 2 min to a range chart set at a level that you are happy trading - there is a little trick that allows you see a bit more but as of now I am not going to say it but I am sure that a few others know it as well.

As for that dreaded red line it really should be dead straight

Your obsessive need to make new aliases and post nonsense only to gain attention in an online forum where you don't trade indicates you have a mental disorder.

 

[Mach4-1]

Quote from Fractal:

Your obsessive need to make new aliases and post nonsense only to gain attention in an online forum where you don't trade indicates you have a mental disorder.

 

[kinggyppo]

Quote from Mach4-1:

As just stated it is very easy to see after the event.

There are some basic things wrong with that chart.

Get rid of the up and down volume colors and use the colors on the tape. Change the 2 min to a range chart set at a level that you are happy trading - there is a little trick that allows you see a bit more but as of now I am not going to say it but I am sure that a few others know it as well.

As for that dreaded red line it really should be dead straight

thanks for the info I will take a look at that.

 

[Mach4-1]

Quote from kinggyppo:

thanks for the info I will take a look at that.

You are welcome but you should know that I am not normal

and know nothing about trading

not like most of the experts here

so I will not say too much

 

[Mach4-1]

Quote from Mach4-1:

If I was in at the start I would now dump all and wait for next confirm.

Holding too long is a mugs game and while it looks easy after the event it is best to trade the signals as they unfold in front of your eyes.

After all it only takes a click of the mouse to get back into the game.

just for you kinggyppo

what happened after I posted this yesterday

and what was the best thing to do?

 

[kinggyppo]

Quote from Mach4-1:

just for you kinggyppo

what happened after I posted this yesterday

and what was the best thing to do?

well I would have shorted per my little red line.

 

[Mach4-1]

Quote from kinggyppo:

well I would have shorted per my little red line.

ok then lets see what your little red line is saying now?

next trade for JPM is what?

 

[Mach4-1]

I say that we look at buying some calls that are ITM?

Can you see any strikes that catch your eye?

 

[Mach4-1]

I am going to say that it might be worth taking a risk buying with initial order in at

50 +JPMIC ($38 Sep Call) @ limit $4.00