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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Shanker Reddy who wrote (37262)4/29/1999 3:18:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Shanker, you are really pushing it. ;-) What I never liked about stock trading rooms was the fact that the 'host' always managed to get a better price than the members of the room. I know why now. Then there would be a slew of questions like : Is 15 1/2 a good price is 15 3/4 to get a good price and the focus of the thread will change. I try to make it as clear as possible and mostly write the price I enter. Selling is more difficult because like today I sold about 5 positions this morning between 9:30 and 10:00.. and when I come back on the thread they are either up more or down more. Entry points are very individual according to the trader, if you notice a few posts back when I said MSPG looked like it was reversing, I meant for a nice trade, he meant probably a longer term hold so what was an 'entry' for me might not have been an entry for him. I usually print the prices I enter but I won't and can't on the watch list for many reasons. SO I speak of trendlines, support / resistance, indicator breakouts, Its like guiding you to the water but you have to drink by yourself.

There are weekly stochastic breakouts, daily breakout etc. so entry would depend on if you plan to hold for 1 day or you usually hold your position for 2 or 3 days. My trades are based on profit and not how many days. I look for 5% a trade and hopefully more. I can get it in an hour, in a day or in 5.. Others like 25% right away and hold through thick and thin to get it.