Fas/faz - 5/4

I am long on FAS at 10.32...I actually hopped on and hopped back off earlier in the day when it dove. I got on long at 10.40, out at 10.22, back in long at 10.31.

Ya I lost some shares with that dumabass maneouver, but I got quite concerned the end of the world was coming when it dove so quickly after 10am.
 
Quote from Haroki:

Blowin' day trades then with early entries?
More...

Well I never intend to, I prefer to use them as exit hatches instead of like day trades. I have an out if I have to bail on a position I made. If I look at it that way, it's a little safer IMO.

I'd like to work more on swing trading, and I guess MOST of my trades are swing trades, the day trades are the ones when I close my position early because things are going south.
 
Quote from scot.mcpherson:

I am long on FAS at 10.32...I actually hopped on and hopped back off earlier in the day when it dove. I got on long at 10.40, out at 10.22, back in long at 10.31.

Ya I lost some shares with that dumabass maneouver, but I got quite concerned the end of the world was coming when it dove so quickly after 10am.
More...


I was in yesterday at $9.90, as soon as I bought it fell, was down around 35 cents at the close, so today premarket I sold it off at $9.95, as soon as I got out it went to 10.25 and opened around $10.45, hasn't been down since, I think that's going to change. I think after the stress tests it will be sell the news type of situation.
 
What an awesome bull market

and I'm still holding on to my losing positions; short FAS and long FAZ :D

actually just bought more FAZ @ 5.15
 
Quote from 426653478:

What an awesome bull market

and I'm still holding on to my losing positions; short FAS and long FAZ :D

actually just bought more FAZ @ 5.15
More...

Sounds like one of Port's winners.

:D
 
You must log in or register to reply here.
Back
Top