DAYTRADING Fundamentals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maarten Z who wrote (864)	6/16/1999 11:11:00 PM
From: -	Read Replies (1) of 18137

Maarten, Nice post on trading AMZN. It is one of my favorites too, I was in and out at least three times today. 1 1/2 pts is still pretty tight, for that beast. I'm usually 3 pts way on the stop initially, looking for 2-4+ points in a quick move selling into strength on the offer; my stops tighten as the trade develops. Hit rate on that one is pretty high, I hold out for the better setups. I scalp it too, occasionally because it trades so well. The thing about AMZN is, you have to make sure it's a trending day, one way or the other. When it does, it's one of the easiest inets to trade. I find it to be downright "gentle" compared to YHOO or EBAY. -Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next