Confessions of a successful trader

Thanks for sharing St.Louis, picked up the ORCL yesterday at around 21.53, have a bit longer hold threshold than you, so waited till today to close it out at 21.82. Still hope the Dodgers crush the Cards in the playoffs though....
 
Yes, StLouis, also thanks for sharing.

Forgive me if already covered, but can I ask:

1. Do you only hold for one day, and not overnight as a rule?

2. What is your primary selection criteria for your trades? Fundamental, news, chart etc?
 
Quote from El Caballo:

Yes, StLouis, also thanks for sharing.

Forgive me if already covered, but can I ask:

1. Do you only hold for one day, and not overnight as a rule?

2. What is your primary selection criteria for your trades? Fundamental, news, chart etc?
More...

As a rule i'm out b/f the end of the day. My entries are based on fundamental events/technical levels. My exits are based on technical levels/tape reading. I'm trying for up around 19 on the mdrx exit. around 70 on cern and the eclp isnt acting real hot - at this point i'd be thrilled with 19.80 on it
 
Quote from Petro:

Thanks for sharing St.Louis, picked up the ORCL yesterday at around 21.53, have a bit longer hold threshold than you, so waited till today to close it out at 21.82. Still hope the Dodgers crush the Cards in the playoffs though....
More...

Nice exit
 
Thanks, I thought it might bounce off the 50D MA and sure enough, I think it came within a few tenths of a cent from it.
 
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