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Fas/faz - 5/11
- Thread starter scot.mcpherson
- Start date
if fas keeps going unfettered, it'll be near 10 pts before close. Unlikely I know, but that's there the lines are pointing.
Good Luck. I got out of my short for a small gain a while back. In the mean time, I'm daydreaming about being as good as Deron Williams at my crossover move.
Yeah, it pulled back far enough from the previous high to give me some breathing room here for a daytrade.
A better entry would have been waaay earlier, but that's too much like calling tops/bottoms, and I tend to shy away from those.
This type of midterm trend is about as fine as I care to slice it....
A better entry would have been waaay earlier, but that's too much like calling tops/bottoms, and I tend to shy away from those.
This type of midterm trend is about as fine as I care to slice it....
Quote from Haroki:
Yeah, it pulled back far enough from the previous high to give me some breathing room here for a daytrade.
A better entry would have been waaay earlier, but that's too much like calling tops/bottoms, and I tend to shy away from those.
This type of midterm trend is about as fine as I care to slice it....
Yea Like 9.00 would have made a nice entry. But brilliant strategy nonetheless
I try NOT to call the tops and bottoms, but that's what I usually end up doing, and I tend to do it wrong. I get lucky sometimes and I make back all the money I previously lost, but I haven't made any real headway.
I try to swing trade by seeing a trend, but I tend to end up at the top of a pennant or flag rather than near the bottom of a new trend.
Now sometimes because I end up giving up too early, I end up loosing money I could have kept if I were more patient. So what do I do? I try to practice more patience and the money continues to get flushed until I finally give up...guess what happens...every time....
That's when it changes direction again. It seems my tolerance levels seem to track the bottoms and the tops...it's frustrating sometimes.
Again I do get lucky sometimes, and I take a really good position that soars me back into black in a single trade or two, but ugh...I should be so much farther ahead if not for the stupid maneuvors.
I try to swing trade by seeing a trend, but I tend to end up at the top of a pennant or flag rather than near the bottom of a new trend.
Now sometimes because I end up giving up too early, I end up loosing money I could have kept if I were more patient. So what do I do? I try to practice more patience and the money continues to get flushed until I finally give up...guess what happens...every time....
That's when it changes direction again. It seems my tolerance levels seem to track the bottoms and the tops...it's frustrating sometimes.
Again I do get lucky sometimes, and I take a really good position that soars me back into black in a single trade or two, but ugh...I should be so much farther ahead if not for the stupid maneuvors.