What has been working well?

Originally posted by William
What have you noticed that has been working well in the past two, three weeks? And I ask this in the broadest terms, anything… maybe a certain chart pattern has been working better than usual. Five minute, thirty minute open break? Just anything you’ve noticed that’s been working well for you recently.

(I haven’t been trading for a while so I can’t answer myself right now)
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When you were trading...what worked well for you?

NihabaAshi
 
With the recent volatility, the biggest winners in the San Diego office have been the scalpers trading big liquid NYSE names and looking for small moves .10 to .30 and or cutting losses immediately if it does not make the move with the futures.

Rtharp has also been VERY consistent with Opening Orders.

Good Luck!
 
Thanks P2. I appreciate it. I wish I knew where the bottom or top was; it would help to define the profit objective even more.

Good trading next week!
 
those who try to pick bottoms end up with smelly fingers......:D i wouldn't encourage newbies to bottom fish stocks- you will get burned more often than not...
 
Originally posted by NDQnCA
those who try to pick bottoms end up with smelly fingers......:D
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If you know what you are doing it can be a VERY profitable endeavor...
 
Originally posted by William
What have you noticed that has been working well in the past two, three weeks? And I ask this in the broadest terms, anything… maybe a certain chart pattern has been working better than usual. Five minute, thirty minute open break? Just anything you’ve noticed that’s been working well for you recently.

(I haven’t been trading for a while so I can’t answer myself right now)
More...

SHORTS :D
 
yeah shorts...personally....I've just been churning/running in place in my daytrading account....and making some good $ in the swing acct just doing some good old fashion research....being in a downtrend, looking for stocks making new lows..or pulling up from lows with low volume...then getting short , setting a stop.....the other thing that has been working is following the corporate paper market.that has by far been making me the most $ this year. also the ponies at saratoga have been paying off well too this year...
Happy trading:cool:
 
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