Trading on "Instynct" (NQ)

[killthesunshine]

Quote from Instynct:

out 90. messed up day for me.

holding long into close at risk of further loss. no big deal..really if i lose another 5 or 6 points.

i think the upside potential here, at this point is worth it

way way oversold here

 

[inks2002]

yep looking for an out...or a signal that i'm totally wrong...

 

[killthesunshine]

Quote from bmwhendrix:

If you want to make money..
and sleep comfortably....
neither a top or bottom..
picker be...

so true..

but how does one actually implement this in terms of actual trading strategy?

 

[killthesunshine]

ST set @87.75

that's enuf pain

 

[bmwhendrix]

Wait for a double top/bottom and a swing or wait for 2 swings.

 

[inks2002]

still holding, will hold overnight....

 

[inks2002]

will bail at break of 87

 

[jas_in_hbca]

Quote from bmwhendrix:

Wait for a double top/bottom and a swing or wait for 2 swings.

AHG v1.0 !

 

[bmwhendrix]

Pretty much. I just wait for something that looks like a trend and play pullbacks.

 

[inks2002]

I always wake up the next day from holding a position and say to myself "if my stop was only X points lower I would be in the money now" But I guess my account could be X points lower as well. ahhhhhhh