True trading

Quote from joe4422:

I made the call yesterday. I just cancelled the trade because it didn't get filled. I just said I am in no way taking credit for the trade. I just wanted to point out that it did work, and that by the way the target also worked as well.
More...

Thanks for the clarification because I had misunderstood your statement via thinking you had said you took the trade.

My apologies and continue good trading to you.

Mark
 
Great call, joe!

Obvious question.

How do you know where/when the market is going to turn? Tools, intuition, methods?

No need to disclose if you don't want to.
 
I really feel the need for a day trade on BAC today. If we open above 11.84, I'm buying 11.76, stop loss 11.72, target 12.87.
 
Stopped out yesterday, 1 point loss.


Today, I'm looking at BAC again.


I'm buying 11.16 - 11.27 stop loss, 11.14, target open.
 
I'm going to hold BAC for 12.12 or stop out. However, at the end of the day, if target hasn't been hit, I will go ahead and take profits. Don't want to hold it over the weekend with all the banking news around. The bombs tend to get dropped over the weekend when they get dropped.
 
Ended up with about a 2 percent profit on BAC there.


Today I'm taking 11.47, stop loss 11.37 on BAC and target is 12.20.

Wish me luck.


Also, on the ES I'm buying 1174.25, stop loss 1173.75, target 1177.
 
You must log in or register to reply here.
Back
Top