Nov 20, 2008

Chopping block

Took two trades today and they started out well but then went against me pretty quickly. Fortunately, I had scaled out 1/2 my shares before moving my stops. I missed a nice move up with HBC off a break of the 12pm high. Shorted V and BTU with no luck. Here are the charts for your viewing displeasure.







4 comments:

TraderAm said...

Hello 00nr7.

What are you using for scanner these days ?

My standard IB scanner is not throwing up much at the moment. Might try out some others on free trial : Topgun, Trade-Ideas etc.

Thanks

greytrader said...

:-)

bl said...

Maybe keep watching those stopped out for a loss stocks, etc, and wait for another entry...like the afternoon sell offs in bear mkts. Interesting premkt TI scan/Briefing
oils with biggest 30 day vol(not including the big boys): vlo pbr nov tso oxy su. Canadian oil stocks would have been nice: su cnq imo su eca ccj pcz

OONR7 said...

traderam: still using a combination of IB scans and Prophet. A lot of candidates came from prophet today. Let me know when you find the scanner that only pumps out winners :)

gt: what you laughing about :0

bl: this just isn't a great market to trade for me. The wild swings may me nervous and time in front of the computer usually fades at the mess unfolds on my monitor.