TheRumpledOne 6,411 posts msg #68985 - Ignore TheRumpledOne |
11/4/2008 10:11:47 AM
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TheRumpledOne 6,411 posts msg #68992 - Ignore TheRumpledOne |
11/4/2008 1:49:27 PM
It's all about the BUY ZONE.
PRICE MUST EXIT THE ZONE, THERE IS NO CHOICE!!
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TheRumpledOne 6,411 posts msg #69013 - Ignore TheRumpledOne |
11/5/2008 11:19:21 AM
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TheRumpledOne 6,411 posts msg #69014 - Ignore TheRumpledOne |
11/5/2008 1:01:06 PM
AND AGAIN...
AND AGAIN...
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johnpaulca 12,036 posts msg #69016 - Ignore johnpaulca |
11/5/2008 1:20:12 PM
Avery....very nice trading...you make it look so easy.
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TheRumpledOne 6,411 posts msg #69017 - Ignore TheRumpledOne |
11/5/2008 2:06:16 PM
[IMG]http://i38.tinypic.com/2mw9tmd.jpg[/IMG]
REMEMBER, ONCE GAP FILLS, YOU GET TO TRADE EITHER DIRECTION.
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TheRumpledOne 6,411 posts msg #69018 - Ignore TheRumpledOne |
11/5/2008 2:07:27 PM
IT'S NOT EASY.
IT'S SIMPLE.
SIMPLE NOT THE SAME.
IT'S BORING.
YOU JUST SIT THERE WAITING AND WAITING.
FINALLY, YOU GET A TRADE.
THEN IT'S MORE WAITING.
BUT THE PAY ISN'T BAD!
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CKING 17 posts msg #69019 - Ignore CKING |
11/5/2008 2:57:35 PM
Hi TRO, I do love your styles but at the same time I am annoyed seeing all these gains passed me by as I haven't trade real time yet ( still paper trading). You mentioned once the gap is filled, we can trade either way. Can you please give more details in the example of RIMM? I can see it gapped down and we buy at the blue lines, once it reached 2% or gain a dollar we sell.
From there onwards, at what point we enter and exit as the gap is filled. Thank you again.
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Eman93 4,750 posts msg #69031 - Ignore Eman93 |
11/5/2008 10:07:49 PM
TheRumpledOne
- Ignore TheRumpledOne 11/4/2008 6:35:32 AM
Auto Trade? What are you asking?
Yes, it is possible to auto trade but I do NOT recommend it unless you can think like a computer.
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I know Tradestation has automated trading have you ever givin it a try? This method seems like a good one or the RFR method. I like this one because of the tight stops and not holding overnight.
I just recived a membership for Wealth Lab... I am working setting up some auto trade code in C#.
Thanks for your sharing, you have been a termendous help to me.
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TheRumpledOne 6,411 posts msg #69033 - Ignore TheRumpledOne |
11/5/2008 11:16:42 PM
CKING
11/5/2008 2:57:35 PM
Hi TRO, I do love your styles but at the same time I am annoyed seeing all these gains passed me by as I haven't trade real time yet ( still paper trading). You mentioned once the gap is filled, we can trade either way. Can you please give more details in the example of RIMM? I can see it gapped down and we buy at the blue lines, once it reached 2% or gain a dollar we sell.
From there onwards, at what point we enter and exit as the gap is filled. Thank you again.
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Once the gap is filled, you can trade short or long.
RIMM gapped down, so we only trade long.
RIMM filled the gap, now if RIMM enters the short zone, we can go short.
Also, you take whatever profit you can. It may be pennies, nickels, dimes, quarters or dollars. There is no predetermined profit target... though a dime at a time is nice.
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