SI
SI
discoversearch

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 : LastShadow's Position Trading

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LastShadow who wrote (274)9/9/1998 4:52:00 PM
From: Jay Lyons  Read Replies (1) of 43080
 
Scott-

A look back on the gaps I asked about this morning (http://www.exchange2000.com/~wsapi/investor/reply-5702224). All were short plays.

AOL triggered at 3:39 and would have netted 1/4 at close.
CSCO at 10:54, 3 1/2 at close.
INTC at 2:51, 9/16 at close.

Now...my maximum pain is 1 point, so I would have dumped AOL for -1.
Day net would have been 3 9/16, assuming I could get in and out on the button.

Using the triggers you replyed with today, the results would have been much better (closer to 5 1/4)...you would have been short INTC nearly a point sooner, and wouldn't have been stopped out on AOL. Can you let me know how you arrived at those triggers, as both seemed to involve prints after the first hour. Also, all of these trades would have been losers before they became winners. Where do you set the pain threshold?

Don't want to seem like a pest with these constant questions, but what the hell...if I can make more money by bugging you then you can bet that's what I'm gonna do!

As always, muchos gracias,

Jay

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext