Silicon Investor (SI) -- The First Internet Community

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 : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dr. Stoxx who wrote (17347)	4/16/2001 7:05:06 PM
From: marcos1	Read Replies (1) \| Respond to of 39683

Hi TC, I have also been trading BRCD, took the short signal this afternoon at 25.05, also still trading EMC, short from MAX signal this afternoon at 31.23. For me I have found that I was the most successful trading MAX when I took every signal and did not second guess. The one and only thing that I wish I could improve on is exiting positions prior to the MAX reversal to avoid giving up some of the profit that I had. However, I have yet to come up with a hard rule that I can follow. Any suggestions other than support and resistance? I did experiment with an indicator that measures the distance between the 5ema and the 8ma, I tried to use this indicator like a bollinger band. When it got to a point where it seemed like it would have to snap back I would exit. See link below. tenlights.com Let me know what you think. Thanks, Marc

To: Dr. Stoxx who wrote (17347)	4/19/2001 4:38:26 PM
From: Dr. Stoxx	Respond to of 39683

MAX TRADING UPDATE (yawwwnn!) BRCD Portfolio Entry Price: 22.64 Initial Trade Size: 100 shares Initial Account: $1,132 margined Note: all profits/losses in $$$ less IB commissions 4/9 L 22.64 to 25.5 = +284 4/12 S 25.31 to 25.88 = -59 4/12 L 25.5 to 24.53 = -99 4/16 S 24.58 to 23.5 = +106 4/18 L 24 to (now at 31.3!) Total Gain: +232 Account Gain %: 20% TC