maxreturn
745 posts
msg #59539
- Ignore maxreturn |
2/7/2008 8:05:40 PM
I hear ya bro. One of the most critical decisions you can make is to find your comfort zone in terms of what time frame you'll trade. I learned a long time ago I was not cut out for intraday trading because I could not be decisive enough in such compressed time frames. I'm glad you're succeeding and like Johnpaulca thank you for your contributions to these forums.
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johnpaulca
12,036 posts
msg #59545
- Ignore johnpaulca |
2/8/2008 10:19:00 AM
Longs for Friday.
DVN...$87.30...out@89.10
MTL...$94...out@99.00
WFR...$74...out@76.00
done for the day....beer money for the weekend...oops...gave up drinking for lent, gotta wait until easter )-:
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nikoschopen
2,824 posts
msg #59546
- Ignore nikoschopen |
2/8/2008 12:57:11 PM
Nice swing. MTL is making a nice IHS formation here, which should bode well as a continuation pattern.
I think we've hit the intraday bottom for the time being and should cruise higher.
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johnpaulca
12,036 posts
msg #59596
- Ignore johnpaulca
modified |
2/11/2008 9:38:20 AM
Plays for today: WFR, ECA,STLD,BYI,CHK ....keep an eye out for energy stocks, they are showing up BOOYA filter.
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johnpaulca
12,036 posts
msg #59598
- Ignore johnpaulca |
2/11/2008 10:01:53 AM
MTL...shorted@107
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nikoschopen
2,824 posts
msg #59599
- Ignore nikoschopen |
2/11/2008 11:11:20 AM
Short S&P 500!
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nikoschopen
2,824 posts
msg #59600
- Ignore nikoschopen |
2/11/2008 11:14:58 AM
JP, I betcha that SOB called MTL will head higher. If I'm remotely correct in my assessment, it could go as high as...130 or more (eventually).
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johnpaulca
12,036 posts
msg #59602
- Ignore johnpaulca |
2/11/2008 11:42:00 AM
Niko...ya right again...I was hoping for a quick scalp and I did get it, but never pull the trigger( busy working). I will check back this afternoon for another opportunity to cover. Bought WFR again this morning because the move I was expecting on friday didn't materialized ..up about $3 on it, will get out in a few minutes.
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nikoschopen
2,824 posts
msg #59603
- Ignore nikoschopen |
2/11/2008 11:46:03 AM
Out @ breakeven (I've been scratching just about every trade today!)
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nikoschopen
2,824 posts
msg #59604
- Ignore nikoschopen |
2/11/2008 11:58:27 AM
Entering at or near 76 for WFR would yield a good R:R.
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