Trading breakouts

Closed 1/2 LMT(+$4.60) CLF PSA RTH TD Stopped out DLTR@57.62 Intiated today FCX NUE PCL

Wishful thinking wanted FCX to close above $82 it did :) or going to I hope current 82.20
 
Quote from Cheese:

In simplicity a breakout is price starting to go in the opposite direction to the previous direction and subsequently sustaining that new direction. So the only concern is that you want to be going with the new direction.
:)
More...

That is only true when it is true. But that is not how markets work. They can go up and down and sideways in wildly unpredictable and unmiaginable ways, over and over, or just straight in one direction, or anything in between.

I seriously wonder how these paper traders expect to get an account, and just pick up money off the street...
 
Quote from TraderZones:

That is only true when it is true. But that is not how markets work. They can go up and down and sideways in wildly unpredictable and unmiaginable ways, over and over, or just straight in one direction, or anything in between.

I seriously wonder how these paper traders expect to get an account, and just pick up money off the street...
More...

Traderzones = deprived as a child still crying no, no no no no no ...............
 
wow MLM --get it? trades avg under 1mil shares thats why probably fell under the radar but still a good one-lots of under $10 ones breaking out now too
 
I like JCG. I'll take 1% at the break of highs at 45.90 with a stop just below 44. If we break 44 , then I'm looking at 42 for support. Thoughts?
 

Attachments

You must log in or register to reply here.
Back
Top