Chronicles of an Idiot

Scrutch · Jul 7, 2003

Quote from VisionTrader:

Now moved my stop to lock in 2 points. Strong sell signal occurred in my filter. Hard to believe though. Seems like plenty more room up to me.

VT, while this is FRESH in your mind can you explain why if you have such a strong sell signal that you don't exit your long position. I know there may be plenty of reasons for not selling here but what is the reason for not just taking the money and getting out with such a strong sell signal?

Scrutch

VisionTrader · Jul 7, 2003

Quote from VisionTrader:

Now moved my stop to lock in 2 points. Strong sell signal occurred in my filter. Hard to believe though. Seems like plenty more room up to me.

Wow. Should trust my signals. Whew.Nice move down.

VisionTrader · Jul 7, 2003

Quote from VisionTrader:

If anybody needs to shave. There's plenty of time to do it. Never works out when it takes this long.

+2 Points. :eek:

Left some on the table. Oh well.

VisionTrader · Jul 7, 2003

+4 Points Today.

FYI - I will posting the daily summaries at the Group site. There is a link with the Historical Data posted.

Also, will try to describe the divergence I used on the first trade today, since it is not completely traditional. I will try to get a chart posted and some comments in the Group.

http://groups.msn.com/chroniclesofanidiot

TMTrader · Jul 9, 2003

VisionTrader,

Are you leaving this journal in favour of the new group you setup? Or are you going to post in both?

VisionTrader · Jul 9, 2003

The MSN group is just a supplement, although I am planning on developing it into my main e-forum.

I do not trade everyday and eventually will not be able to post as much while I am trading. I will try to continue to post my daily summaries at a minimum.

For now, I am still here. Met lots of nice people. Don't want to go.

VisionTrader · Jul 9, 2003

This morning reminds me of the Kentucky Derby. My neck is sore from my head bobbing up an down following the candles. Whoa boys

Or should I say gooooo boys.:eek:

TMTrader · Jul 9, 2003

VisionTrader,

Do you trade only DT & DB or also ascending tops and descending bottoms with div?

TM Trader

VisionTrader · Jul 9, 2003

Only DT and DB.

TMTrader · Jul 9, 2003

Quote from VisionTrader:

Only DT and DB.

There was a nice div setup between the top at 10:06 (1008) and the top at 10:22 (1009.5) which led to this very nice drop.