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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (6660)4/24/2000 2:22:00 PM
From: MMK  Respond to of 39683
 
NTAP...I covered my short with a limit I set at 51. Indicators crossed right at candle and I decided to exit.

Thinking about the trade now, I entered mid-signal and not at the crossing and it just didn't feel right. Will keep watching it though for re-entry. Should have bought on any rally at the open based on the downtrend of the MA's and entry would have been better.

And...I have become a very jumpy trader of late

MMK



To: Dr. Stoxx who wrote (6660)4/24/2000 4:38:00 PM
From: Dr. Stoxx  Respond to of 39683
 
TRADING UPDATE:

Rallies in both SCH and BVSN gave reversal signals in the final minutes of trading today.

Closed BVSN short after 3 days for a profit of $2/share.

Closed SCH short for another minor loss ($0.50). I've got to figure out a way to catch profits in these consolidation days...any suggestions?

Still looking for that trailing stop formula...

TC.


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