Trader in the works

Quote from Szeven:

Just as an observation, I normally use the motto "Make the math make sense".

If you are willing to sell at a full dollar loss, and willing to take profit at a 50 cent gain, you must be right over 67% of the time to make money, not including commisions. I have no credibility on swing trading, but make sure when you are trading that you do not put undue pressure on yourself to achieve unbelievable results to break even.
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I see your point.
 
Quote from GTC:

It would cost $3 or less at MBT, IB, CyberTrader, etc. Besides, Scottrade does not only have direct access routing options but also doesn't have conditional orders or trade triggers. The fills with the direct routings are often better. Scottrade does not accept a stop-loss price as well as a limit sell order in the same position. Therefore, you might have to watch your stop-loss price and profit-taking price all by yourself in a fast market.
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Who do you use? All im interested at the moment is riding up trends-which broker do you recommend?
Thanks
 
Quote from TheTyphoon:

I see what you're saying-in your experience regarding MACD Do you primarily buy at the convergence of the lines or when it is clearly going up?

I got your point about the support level-i'll put that in my notes-thanks

Checking out NVDA.
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Depends on the timeframe but if you want to be SAFE then only Buy when momentum is increasing and rising.
 
Quote from TheTyphoon:

Flex at $ 13.41 im still holding for $14.00.
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FWIW, the filtered momentum has been positive since Thursday, although only slightly.

The filtered range is steady at $0.29. To give some context to that number, the raw range has a monthly high of $0.58 and a monthly low of $0.12. The filtered range has a monthly high of $0.45 and a monthly low of $0.24.

Good trading,
kut2k2
 
Quote from kut2k2:

FWIW, the filtered momentum has been positive since Thursday, although only slightly.

The filtered range is steady at $0.29. To give some context to that number, the raw range has a monthly high of $0.58 and a monthly low of $0.12. The filtered range has a monthly high of $0.45 and a monthly low of $0.24.

Good trading,
kut2k2
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Kut2k2,
I have no idea what you mean-can you explain?
Thanks
 
Quote from TheTyphoon:

Kut2k2,
I have no idea what you mean-can you explain?
Thanks
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Forget the range comments, it was information overload. The main thing is that the momentum is currently in your favor. Good trading.
 

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Well, Im still here and still holding. After holding for 2 months I think i'll realize a profit shortly. In the meantime i've been researching some stocks including-CYT, MMM and EBAY.

I'm comming close to the completion of my home renovation which includes: Bedroom, Bath, Carport. I thought it would be a difficult undertaking but so far its been smooth sailing.

After watching all those exteme makeovers and the home and garden channel-My wife has been creating these projects which i've have been manipulated into completing.

My mindset for trading is to take small steps, i do feel anxious sometimes when the stock dips but if i follow my plan ultimately i'll succeed.

Thanks for any comments!
 
Well it's official, i am a statistic. I've lost about 10% of my trading capital-approx: -$ 495.00. I've got to be more disciplined if i'm going to succeed.
I'm reviewing my mistakes and i'm finding that some of my indicators were sending conflicting signals. I am going to simplify my analysis and focus on current trending stocks.
I am set on making a living doing this.
Thanks for any comments.
 
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