my trading...

Quote from zoner989131:

Nice day Sobemark. I started off well with a short on AMZN after it gapped in the first half hour, and a couple long trades of YHOO when it kept bouncing higher from 34.80. Unfortunately, I went to the well a few times too many on YHOO and ended up slightly down on the day. I did not anticipate that YHOO would gap down so quickly from 34.80 to 34.40, and then continue lower. But tomorrow is a new day. I still think we get a big bounce sometime this week.
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At no time today did YHOO give any indication of going up. There was no reason to try a long trade on it. Go long stocks where the last price is higher than the low and higher than the open, in a consistent upward movement, making new highs. That would be like YHOO going the other way.
 
Quote from reid5525:

At no time today did YHOO give any indication of going up. There was no reason to try a long trade on it. Go long stocks where the last price is higher than the low and higher than the open, in a consistent upward movement, making new highs. That would be like YHOO going the other way.
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Covered too early thought it was done at .10.
 
Quote from sobemark:

no further trades today ..
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"RIMM good for + $991"

Your average buy price for Rimm was $65.57 and average sell price for RIMM was 65.91. That's +.34c or +$340 on 1000 shares. Where did the $991 come from?
 
I have been following karol and sobemark journal posts. Both very interesting and informative..Sobemark , are you using any software to help you scan for certain stocks that meet your criteria ? and the bollinger type set up you are using is based on 3 min. simple moving average as your middle line & a 1% standard deviation between the 3 min. simple avg. to build your upper and lower channels/limits..Is this pretty close to your calculation. You have been very successful even in a horrible market today. Congrads..

I have been using Wealth Lab. Developer..with some success. Any thoughts. Thanks.
 
Quote from reid5525:

"RIMM good for + $991"

Your average buy price for Rimm was $65.57 and average sell price for RIMM was 65.91. That's +.34c or +$340 on 1000 shares. Where did the $991 come from?
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i had 3000 shares ..
 
Quote from Dougfresh:

I have been following karol and sobemark journal posts. Both very interesting and informative..Sobemark , are you using any software to help you scan for certain stocks that meet your criteria ? and the bollinger type set up you are using is based on 3 min. simple moving average as your middle line & a 1% standard deviation between the 3 min. simple avg. to build your upper and lower channels/limits..Is this pretty close to your calculation. You have been very successful even in a horrible market today. Congrads..

I have been using Wealth Lab. Developer..with some success. Any thoughts. Thanks.
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i use realtick softare w/ hottrend scanner ... but sometimes my hod/lod scanner is quite sufficient ...

yes that is my chart set up :)
 
Quote from sobemark:

i had 3000 shares ..
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Right. But it seems to me that if all your three buys were sold at a higher price you'd be looking at $1000, not $991. But my figuring could be wrong.
 
Quote from reid5525:

Right. But it seems to me that if all your three buys were sold at a higher price you'd be looking at $1000, not $991. But my figuring could be wrong.
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sometimes my software calculates in tenths of cents ..so maybe thats the discrepancy
 
I just closed out two fades short gpro and long plmo. Would not have even thought about it unless I read your posting. Lucky, maybe, but I like to think that this is a valid strategy, keep the posts coming.
 
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