wwatson1 journal

Quote from wwatson1:

PCQ closed on open today + $0.49 + 3.45%
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Hello, I have two questions for you. Unless I'm reading the chart wrong, did you actually hold PCQ that long?

And also, do you place "market on open" orders or do you actually watch the open for a few minutes then execute the entry with limit orders?

Thanks in advance.
 
Hi gekko,
Usually up and coming events are reflected in the chart pattern. as people have already began accumulating the stock.
 
Hi Schaefer, my trading strategy is short to medium term swing trading,

It is hard to be right at exactly the time you enter the trade, but if your position is fundamentally sound you often get the results you expected by giving the position a little time.

I find that waiting for the stock to open and the spread to narrow you can sometimes achieve a better entry price on the open.

All the best wwatson1.
 
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