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Falling knives
- Thread starter VictorS
- Start date
haven't been finding too many lately. As a result, I am looking to get into emini trading when i don't have a falling knife positions.
I monitor the markets throughout the day for FK's because they sometimes don't show up on end of the day scans.
Edit: I usually hold FK's for multiple days (at least two days with $1 profit target). 2000-5000 shares depending on price action.
I monitor the markets throughout the day for FK's because they sometimes don't show up on end of the day scans.
Edit: I usually hold FK's for multiple days (at least two days with $1 profit target). 2000-5000 shares depending on price action.
you, my friend, are CRAZY!
Quote from VictorS:
haven't been finding too many lately. As a result, I am looking to get into emini trading when i don't have a falling knife positions.
I monitor the markets throughout the day for FK's because they sometimes don't show up on end of the day scans.
Edit: I usually hold FK's for multiple days (at least two days with $1 profit target). 2000-5000 shares depending on price action.
Quote from bellman:
you, my friend, are CRAZY!
Of course, I understand that comment. But think about this...if 90% of traders really fail,you need to do what 90% are not doing. Obviously if you trade the way everyone else does u will fail.
Also, i don't blindly buy a stock because it's falling. It's price action, a couple of technicals, some fundamentals and institutional activity. I don't get trades everyday and sometimes 1-2 weeks with no activity.