Stock Swing Traders

I think he meant support at 33.09, just mis-worded it.


Quote from coolweb:

I don't understand what you mean by resistance @33.09?

How do you know there is resistance there?
More...
 
KMX
I don't see any support @ 33.09

Just because it rallied up from there doesn't mean anybodys support it , Just means it rallied with the market :)


Will fall to $31
for a 7-10% gain.
 
NEW POSTING CHANGES:

I will be posting more trades ,
In fact I'll be posting all my simulation/small trades as well,

I want to make sure I get watched and laughed at if I fk up.

Everybody waiting for me to make a bad trade,
I will be counting on you to tear me a new asshole when I do take a bad entry.


Hopefully this will 100% correct and improve my discpline.


I only have 2 entry methods
and 3 areas to place stops.

tip: Todays High and Low are not places you put stops.

We will stop all my in and out trades and other bs entries. I'd rather take that money and eat out at a nice place then hand it over to some market maker who doesn't even send me a birthday card.


May the trade be with me.

CURRENT POSITONS:

SHORT
RECN: 26.01 25.44 +2-3%
MRK: 24.67 now 24.42 + 1%
DISH 30.23 now 30.17 +0.05% flat
KMX 32.175 now 33.20 -0.03% flat
 
Come to think of it,

I will stop all my simulation and small size trades.

Waste of time. Watching a 100 position takes the same time as watching a 5000 share position.
Why waste time on the 100?


New Rule:

If I don't enter at least 1000+ Shares in a position or 40k+ position,

I do not enter at all.

I think this will be good, very good from now on.
The only times when I enter below 1000 shares is when risk is above 20-50 cents, I lower share size, To accomodate risk.
No more of that.

No more.
 
Home with a cold. Was reading thru the journal. Meant "support". Yeah, perhaps I should wait until I can remember the difference beween support/resistance...
 
Actually
Won't be posting that much more trades,


Still have a headache from staring at the computer all today


Will code up alerts instead,
I shouldn't be in daytrading mode when I am a swing trader,

Swing trade only great entries, thats it, work on other shit

no headaches, No idea where this headache came from but I don't like it.

Going to find an equilibrium of stress free trading and great profits.
 
COVERED ALL MRK

34.70 - 0.13

Out of nowhere this stock started to race up

IU bet it was some news shit

I covered everything immedaitely.
 
Best style around:

<h3>SMALL LOST TRADING </h3>


I have this market prediction shit to a science and put my money where my mouth is :D

Selling longs 3 days when everybodys still pondering about a market new high.


Is there any question that I will be the best trader around by next year?


Follow the rules,
Take only my entries
10 - 20% gains every 2-3 weeks on a 7 fig account,


I will keep perfecting the system,

My system is bar none, the best out there, nobody even comes close in <b> DIRECTIONAL TRADING. </b>


Other people rule in scalping,

I will be the best directional swing trader. The hardest sport around, but the most <h2>scaleable.</h2>


The world is the limit, I will make my millionsin the market.
In due time,

Just like I promised back in 2005 :D
And I'm not even joking around anymore.



MARKET DIRECTION = still down.

GAME!
 
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