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Flipped short...


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#1 NAV

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Posted 19 June 2007 - 10:48 AM

Closed my long daytrade at breakeven and reversed short.

"It's not the knowing that is difficult, but the doing"

 

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#2 denleo

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Posted 19 June 2007 - 10:56 AM

Are your indicators (120, 60...) turning down? I am still flat. Looking for an entry point. Can't find one yet. Thanks Denleo

#3 NAV

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Posted 19 June 2007 - 11:11 AM

Are your indicators (120, 60...) turning down? I am still flat. Looking for an entry point. Can't find one yet.

Thanks

Denleo


Denleo,

60-min is on a sell. 120-min is in a "iffy" zone. It's a tough trade here with a potential for big whipsaw. I have taken a small position and planning to add if we move higher.

Alright, i messed up completely. I blew up a good long trade. Taking a 30 point loss and getting out. I am done for the day. :angry:

Edited by NAV, 19 June 2007 - 11:12 AM.

"It's not the knowing that is difficult, but the doing"

 

https://twitter.com/Trader_NAV

 

 


#4 arbman

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Posted 19 June 2007 - 11:39 AM

Alright, i messed up completely. I blew up a good long trade. Taking a 30 point loss and getting out. I am done for the day.


This sucks, there is always the next time, I was just here to congratulate your call this morning.

Anyway, I am not doing very well either near the flat line for a few days now. I won't be very happy if it breaks the other way, the boyz might be up to something, I am on Fed alert here...

#5 CLK

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Posted 19 June 2007 - 03:05 PM

Are your indicators (120, 60...) turning down? I am still flat. Looking for an entry point. Can't find one yet.

Thanks

Denleo


Denleo,

60-min is on a sell. 120-min is in a "iffy" zone. It's a tough trade here with a potential for big whipsaw. I have taken a small position and planning to add if we move higher.

Alright, i messed up completely. I blew up a good long trade. Taking a 30 point loss and getting out. I am done for the day. :angry:




The very reason I'm glad I'm not trading. I'm through with feeling like I have to trade every day, I don't.
The daily might not give me but 2-3 trades a month, I'm content with taking a piece out of the middle.
There is no room for error in options, period.