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Strategies & Market Trends : Charts & Scans
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To: Jeff Jordan who wrote (1459)3/27/2002 2:30:15 PM
From: Ron  Read Replies (1) of 5125
 
I daytrade BRCD... 8 out of the last 9 trades have been profitable. On the one loss, I just wimped out on the tight stop loss. Let's see... 6 have been longs and 3 have been shorts.
On the COMPX channel, I just use the daily chart with trends to give me perspective on the most likely direction of the big caps in the Nasdaq. Have found I greatly improved my daytrades by paying more attention to the odds.
The market this week has been particularly difficult, imho. So have been sticking mostly with Tech stocks that have a tendency to move sharply when the wind is blowing from the right direction :)
Have had decent shorts in CHKP and QQQ this week.
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