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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: NickSE who wrote (45052)12/12/1999 11:06:00 PM
From: wanmore  Respond to of 94695
 
oh well, I guess it doesn't apply to me anyhow. I position trade and trade options. The only intraday trading I do is when I get stopped out of a position that has a "fake out breakout" ( I usually set a buy stop above the latest reaction high and a sell stop somewhere below it, for an example see SBAS with a buy stop 3 days ago @ $4 3/4 and a stop loss @ $ 4 1/2) . With that being the case, every daytrade I do is a loser . ( for an examle of a loser daytrade see WSTL on 11/22 , buy stop $11 1/2 / sell stop $11) LOL