Posted this morning US time about bear trap. refuse to close long for a mid size loss. waited till now for a small loss. hope my signals was a useful reference for you.
Close Long dow for a small loss
Started by
punter
, Apr 13 2010 12:49 PM
4 replies to this topic
#1
punter
-
- Traders-Talk User
- 1,899 posts
Member
Posted 13 April 2010 - 12:49 PM
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#2
punter
-
- Traders-Talk User
- 1,899 posts
Member
Posted 13 April 2010 - 12:58 PM
Posted this morning US time about bear trap. refuse to close long for a mid size loss. waited till now for a small loss. hope my signals was a useful reference for you.
darn shouldn't have closed. More upside remains!
Keep Calm and be Long
My opinion on markets, or anything, is a health hazard. Follow or fade at your own risk!
#3
allan
-
- Traders-Talk User
- 189 posts
Member
Posted 13 April 2010 - 01:23 PM
Posted this morning US time about bear trap. refuse to close long for a mid size loss. waited till now for a small loss. hope my signals was a useful reference for you.
darn shouldn't have closed. More upside remains!
Sure looks that way. Closed my QID position at 16.00 for a loss of .45. I dont want to be holding QID with the NDX over 2000. Will try again higher.
#4
fib_1618
-
- Traders-Talk User
- 10,301 posts
Member
Posted 13 April 2010 - 01:34 PM
It occurs to me that it might be better to "try again" when technical conditions warrant such actions.Will try again higher.
For now...shorts continue to have very little on their side to work with, unless, you're able to hit and run intraday (like today).
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
#5
allan
-
- Traders-Talk User
- 189 posts
Member
Posted 13 April 2010 - 01:55 PM
It occurs to me that it might be better to "try again" when technical conditions warrant such actions.Will try again higher.
For now...shorts continue to have very little on their side to work with, unless, you're able to hit and run intraday (like today).
Fib
Good advice. But I have to admit its nice to catch some of those tops.
