That will be fine.......these are NOT day trades
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Boston Scientific ready to rock
- Thread starter phillyflipper
- Start date
That will be fine.......these are NOT day trades
Quote from phillyflipper:
DUDE, I just bought Boston scientific today at 12.60 based on this pattern. I did not own it before now because the PATTERN
was not there until NOW. Man, it is rough teaching someone who should already know this.
I know you did, and the best thing you could do is to sell it tomorrow morning. BSX is making new lows with no support. It's funny you know cause my software pulled up BSX as a weak buy tonite, but when I looked at the chart, I gotta say "No way Jose"
New lows are NOT my game.
Quote from phillyflipper:
That will be fine.......these are NOT day trades
Yup, you will be in for the long haul.
Get a grip dude, you are already making excuses for a stock you bought that you know will be going down further!
Cut your losses and learn a proper method of trading.
Risk Reward & Money Management are the "keys" to success.
Quote from condorll:
I know you did, and the best thing you could do is to sell it tomorrow morning. BSX is making new lows with no support. It's funny you know cause my software pulled up BSX as a weak buy tonite, but when I looked at the chart, I gotta say "No way Jose"
New lows are NOT my game.
Condor, my biggest mistakes have been in not trusting the patterns. You may be correct or not...just like me. don't hate me because I am different
Quote from phillyflipper:
Condor, my biggest mistakes have been in not trusting the patterns. You may be correct or not...just like me. don't hate me because I am different
I don't hate you, I have seen this same trading mistake over and over for the past 30 years. Everybody tries to pick a bottom and gets wiped out before they have the chance to experience the pure joy, the exhiliration of making really good trades and profits.
Let the trades come to you, dont try to pick bottoms, get 'em when their hot and ride 'em.
Quote from phillyflipper:
That will be fine.......these are NOT day trades
Russell has been leading this market on a down side. It is weak now. Look at NQ open below 1927.50 will leave a 2 day island top.
Market might have a 300 points rally tomorrow. But you are talking about probabilities.
Condor, haven't you seen charts that just turn for no apparent reason at the time and then the news comes out days later. that is because you and I are not privy to the insider news. this is why the pattern will tell the secrets that only the select few have
access to. I love you DUDE....really
access to. I love you DUDE....really
Quote from phillyflipper:
Condor, haven't you seen charts that just turn for no apparent reason at the time and then the news comes out days later. that is because you and I are not privy to the insider news. this is why the pattern will tell the secrets that only the select few have
access to. I love you DUDE....really
The select "few" that are priveleged to pay $49/month ? ROFLMAO!
I'll buy it WHEN it turns, Thanks and good night.
Quote from condorll:
I don't hate you, I have seen this same trading mistake over and over for the past 30 years. Everybody tries to pick a bottom and gets wiped out before they have the chance to experience the pure joy, the exhiliration of making really good trades and profits.
Let the trades come to you, dont try to pick bottoms, get 'em when their hot and ride 'em.
I am doing exactly that. When the pattern completes it is then time to make a decision and not before. I am trading the pattern,nothing else because all the news and psychology is in the pattern. It is a less risky long trade at these areas. I am a little surprised you don't recognize this
Quote from phillyflipper:
I am doing exactly that. When the pattern completes it is then time to make a decision and not before. I am trading the pattern,nothing else because all the news and psychology is in the pattern. It is a less risky long trade at these areas. I am a little surprised you don't recognize this
I like a chart pattern just as much as the next guy, BUT, I wouldn't take a position until price BREAKS OUT of the pattern. Also, why look for such complex patterns? Simple patterns, trendlines and support/resistance are much more reliable.
You are far too worried that you might miss the first half point of the move (IF there is a move). I personally would rather miss the first point and pick up the sweet spot rather than buy, hope and wait.