Stock Swing Traders
- Thread starter coolweb
- Start date
Yeah right, try managing your risk with 10k shares of GOOG or CME. I'd like to see you try that 
I have CME on my screen actually,
I could trade that as well, but I did not think it had potential as GILD today,
CME you can do 1000 share blocks as shown on market depth.
But I would do it in multiple buys like 2 500 share lots.
Then the next level, do another 1000
Or sometimes if there is an extremely 100% money entry, Then you can do 1500, most likely stop would be like 2-3 cents max.
Even slippage won't hit you too much if you get out immediately when bid gets lowered.
But 10k shares on CME is 4 MIL , thats not easy to offload and out in one shot without like 50 cents slippage.
I could trade that as well, but I did not think it had potential as GILD today,
CME you can do 1000 share blocks as shown on market depth.
But I would do it in multiple buys like 2 500 share lots.
Then the next level, do another 1000
Or sometimes if there is an extremely 100% money entry, Then you can do 1500, most likely stop would be like 2-3 cents max.
Even slippage won't hit you too much if you get out immediately when bid gets lowered.
But 10k shares on CME is 4 MIL , thats not easy to offload and out in one shot without like 50 cents slippage.
Today I experienced something pretty neat again. (happened before)
I started a trend by plopping down decent low size. Cleaned out all the sellers.
Size brought out size.
Had Bids stacking immediately after.
All uptrend from my area.
Now I know what the players mean when they say ,"I don't read charts. I paint charts"
Beautiful.
I started a trend by plopping down decent low size. Cleaned out all the sellers.
Size brought out size.
Had Bids stacking immediately after.
All uptrend from my area.
Now I know what the players mean when they say ,"I don't read charts. I paint charts"
Beautiful.
New thought:
A bird in the hand is worth two in the bush
So I stuck with TWX. Even though it had to be the slowest slug on the planet.
NEW IDEA:
Prioritiuze investments from long hold -> short hold
Prioritize trades from high beta -> low beta
Prioritize trades from high volume high beta -> high volume low beta -> low volume low beta
Today I traded the ZzzZZZ stock TWX
Made good money,
Ended up with still a nice big long position @ 17.83 , rest closed for PROFITS PROFITS PROFITS.
I'm always reeling in the profits now, fk waiting, reel 1/2 in to put in the piggy bank.
What disturbed me is the stocks I'm also watching , MNST , BA , went up like 5-10%
All I did with TWX was play size, except this specialist was a piece of shit, filling me on bad prices on MARKET order(1 cent slippage when there should be none), so I Went LMT on him and everything went good.
In the morning I wasn't as prepared today, I really thought today was a down day, when the market started scrambling up, I had to organize my shit asap
There won't be a next time. Prepared everyday from now on. Could have banked huge on BA BABY! HUGE , OMG ITS SO BIG!
Filled my quota for today,
I'll come back trading @ 1:00 ,
My alert has yelled out
IT is "11:00 Chop time, Please remove yourself from the computer seat "
Steve Tvardek,
Scalping/intraday trading is truely an exciting sport
A bird in the hand is worth two in the bush
So I stuck with TWX. Even though it had to be the slowest slug on the planet.
NEW IDEA:
Prioritiuze investments from long hold -> short hold
Prioritize trades from high beta -> low beta
Prioritize trades from high volume high beta -> high volume low beta -> low volume low beta
Today I traded the ZzzZZZ stock TWX
Made good money,
Ended up with still a nice big long position @ 17.83 , rest closed for PROFITS PROFITS PROFITS.
I'm always reeling in the profits now, fk waiting, reel 1/2 in to put in the piggy bank.
What disturbed me is the stocks I'm also watching , MNST , BA , went up like 5-10%
All I did with TWX was play size, except this specialist was a piece of shit, filling me on bad prices on MARKET order(1 cent slippage when there should be none), so I Went LMT on him and everything went good.
In the morning I wasn't as prepared today, I really thought today was a down day, when the market started scrambling up, I had to organize my shit asap
There won't be a next time. Prepared everyday from now on. Could have banked huge on BA BABY! HUGE , OMG ITS SO BIG!
Filled my quota for today,
I'll come back trading @ 1:00 ,
My alert has yelled out
IT is "11:00 Chop time, Please remove yourself from the computer seat "
Steve Tvardek,
Scalping/intraday trading is truely an exciting sport
NEW BUSINESS IDEA
I might start a new financial product company I think would roll good with the sheeps these days.
Charge em $350 month
Recur
Recur
Advertise
Recur
Recur
Should have a few hundred subscribers at least.
Start hiring the team , programmers, coders, designers...
Should I?
Or Is trading a much better sport.
Business > Lots of headaches / Larger recurring income / Possible for large exit.
Trading > 0 Headaches/ Low recurring income / 100% freedom / Travel the world.
Decisions Decision,
<b>
When you roll with knowledge, you are always rolling in the money.
</b>
I might start a new financial product company I think would roll good with the sheeps these days.
Charge em $350 month
Recur
Recur
Advertise
Recur
Recur
Should have a few hundred subscribers at least.
Start hiring the team , programmers, coders, designers...
Should I?
Or Is trading a much better sport.
Business > Lots of headaches / Larger recurring income / Possible for large exit.
Trading > 0 Headaches/ Low recurring income / 100% freedom / Travel the world.
Decisions Decision,
<b>
When you roll with knowledge, you are always rolling in the money.
</b>