What ticker did you trade? Did you go long or short? What price did you get in?
n/a
- Thread starter KCalhoun
- Start date
What ticker did you trade? Did you go long or short? What price did you get in?
es..all over the place
The specific values I use to indicate strength using $TRIN are .7 or lower for strong long bias and 1.5 or higher for strong short bias.
During choppy markets it hovers near 1 and helps me decide to stand clear. Good question
Fair. Thanks for replying.
i only made $113 today 4/1/20 and i think i'm done for the day. a little before noon.
Last edited:
2Apr premkt 6:27am:
Tip: How to Handle Gaps Going Against You
Real Trade Example: at the end of yesterday, these swing trades below were looking great.
But this morning, as of 6amET, they are gapping against me. How to manage? Tips below...
1) When I see a gap against me, I often sell 1/2 the position premarket 7:15am for a stop loss, in case the gap continues against me... limit your downside!
2) Right before the 9:30 open, I enter a sell stop order roughly .50 - $1 below the opening price, to sell remaining shares at a loss. Sometimes it reverses in my favor, so that is why I scale out in 2 trades.
3) Important: I usually start rebuying once selling has slowed and there's a strong pivot pattern or high of day breakout, again using scaling.
wild card: unemployment numbers coming out later so i may delay taking stops on some positions, in case report is favorable to my trades
Tip: How to Handle Gaps Going Against You
Real Trade Example: at the end of yesterday, these swing trades below were looking great.
But this morning, as of 6amET, they are gapping against me. How to manage? Tips below...
1) When I see a gap against me, I often sell 1/2 the position premarket 7:15am for a stop loss, in case the gap continues against me... limit your downside!
2) Right before the 9:30 open, I enter a sell stop order roughly .50 - $1 below the opening price, to sell remaining shares at a loss. Sometimes it reverses in my favor, so that is why I scale out in 2 trades.
3) Important: I usually start rebuying once selling has slowed and there's a strong pivot pattern or high of day breakout, again using scaling.
wild card: unemployment numbers coming out later so i may delay taking stops on some positions, in case report is favorable to my trades
Last edited:
so did you end up closing all your position or some? if some, how much did you made or lost today? i only made $108 today 4/2/20.
Last edited:
congrats on being up!
Call me "bear with egg on face" ... down -$355 today as of 1:12pm, 500ish is my loss limit so I'm done for the day
Tip...
Using Increasing Volume to Scale in
One technique I've seen using a lot lately is to add to swing trade positions using higher-than-average green volume bars to confirm entries.
This is to avoid random chop and false breakouts in volatile markets
I'll look for an example to post next week
Using Increasing Volume to Scale in
One technique I've seen using a lot lately is to add to swing trade positions using higher-than-average green volume bars to confirm entries.
This is to avoid random chop and false breakouts in volatile markets
I'll look for an example to post next week
Last edited: