28 replies to this topic

[NAV]

Closed my calls from 1340 yesterday, a few minutes back at 1337, for a small 3 point loss. The thrust i was expecting to the upside has occured on the downside. So i am out. Will probe again later....

[IndexTrader]

Why are you probing the long side? Isn't your stuff in a negative status? IT

[dcengr]

Let him buy again And when he capitulates the 2nd time, I may cover

[NAV]

IT, I could have closed my position for a 6-8 point profit today morning had it been a VST/Daytrade. Since it was a swing trade, i was waiting for my 30-min Osc to take out the 2/20 lows. It just got taken out a few minutes back, which projects more downside. So to answer your question, no i will not be probing long based on the new information i have. Now i need to wait for divergences to setup before probing long. Right now i back to scalping short on a intraday basis.

[NAV]

Let him buy again

And when he capitulates the 2nd time, I may cover

Genius !! One more hindsight trader. I have posted a few hundered real-time trades on this board. If you had faded me all along, you would be filing for bancruptcy by now. Post 10 real-time trades on this board (with stops) and show me 5 winners. I will start worshipping you. Otherwise you are full of.....ah never mind.

Edited by NAV, 22 February 2008 - 12:25 PM.

[SemiBizz]

See Nav, I get it. I see that your signals are telling you to go long, so are mine... We're not going down here on any real quality of volume, that was the case off the post bottom highs too. Sure we're going to set up from somewhere... I guess the hardest thing for traders that routinely pick turning points in the market is to stick to the TREND... even when your turn indicators say not to... Let's see what happens, I predicted 2251 here on Wednesday and we're close to it, but you know what, if it doesn't bounce there then there's another agenda working... I don't think you can front run now without getting run over, you gotta wait til you have CONFIRMATION. All I can see here is TRANSITION. I think this market has decided to test those lows regardless of any of our signals...

Edited by SemiBizz, 22 February 2008 - 12:27 PM.

[dcengr]

There's no hindsight in this...

[hiker]

it is a pain to post real time trades of any kind..scalp, daytrade or longer. specifying risk/reward info...stop ..idea and TA supporting it. NAV...your work is much appreciated like others here..and glad you center the updates at your blog.

[dcengr]

it is a pain to post real time trades of any kind..scalp, daytrade or longer. specifying risk/reward info...stop ..idea and TA supporting it.

NAV...your work is much appreciated like others here..and glad you center the updates at your blog.

Exactly.. I'd rather concentrate on trading.

Stroking ego is nice, but making $ is better.

[NAV]

dcengr, Wasting energy on this kind of crap is why i moved to a blog. I saw a compelling setup and that's why i posted on the main baord. Since i posted the trade entry, i posted the closing of the trade as well. Back to my blogging hole.

Edited by NAV, 22 February 2008 - 12:44 PM.