tag:blogger.com,1999:blog-1325562478910773152.post1947565036671982863..comments2023-10-05T07:58:27.997-04:00Comments on OONR7: Active dayUnknownnoreply@blogger.comBlogger7125tag:blogger.com,1999:blog-1325562478910773152.post-12742361702357374112008-02-28T05:51:00.000-05:002008-02-28T05:51:00.000-05:00trader a: I know what you're saying about the 12:2...trader a: I know what you're saying about the 12:20 and 12:30 bars... however, I entered on a break of the 12:10 bar low for my first entry. Try your exercise and let me know if you would've entered on the 12:10 bar low. As for the exercise, I used to do the same exact thing a while back but instead of using my hand to cover the bars, I would just move the window so I couldn't see the later bars. I haven't done this exercise in a while but it is extremely helpful in giving you the 'live' trade feel even in after hours. <BR/>As for partialing... yes, I do it quite often. However, it's a bit more of an art form than a science right now. Sometimes I'll partial after 2R... sometimes at breakeven. A lot it has to do with how my day's been going (whether I'm up or down) how I feel about the setup (I tend to partial out faster on not-so-perfect charts) and where my stop is in relation to the nearest support/resistance. I've said before that I find exits to be infinitely more difficult than entries. Right now my main method of exiting utilizes Trader X's method and how price reacts/closes in relation to the 5ema. But if the trade is not going my way, I'm not opposed to dumping some shares to limit my loss. In the coming weeks, I may look into widening my stop (which would lower my position size) in order to stay in trades longer and avoid getting stopped on a quick spike. That probably would've helped with yesterday's first YGE entry (using the 12pm bar high as a stop).OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-91069365107170957802008-02-28T03:36:00.000-05:002008-02-28T03:36:00.000-05:00hi oo60%-75%! thats nice, mine is about 40% as fo...hi oo<BR/>60%-75%! thats nice, mine is about 40% <BR/><BR/>as for the 1020 1030 10min bars: <BR/>when you look at "hindsight trades" or other annotated charts you are subjected to a variety of biases.so i have a simple exercise that i invented and i'd like to share, since you share so much (thanks btw):<BR/>when i look at "hindsight trades" and charts - i put my hand on the screen and block all bars after the entry bar, simulating as if i am in real time, then i ask myself if i would enter the trade. when i did it with your chart i told myself that the 1020 1030 bars with the volume spike seem to be bullish and i would pass on the trade.<BR/>what about your partial profit policy? <BR/>thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-70637750768758692362008-02-28T03:10:00.000-05:002008-02-28T03:10:00.000-05:00trader A: I got stopped out the first time during ...trader A: I got stopped out the first time during that engulfing bar. As for success rate... don't have a solid number but I would guess it's somewhere between 60-75%.OONR7https://www.blogger.com/profile/17622886234639917711noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-35234756799919729932008-02-28T02:34:00.000-05:002008-02-28T02:34:00.000-05:00nice trade i dont like the combination of the 12:2...nice trade <BR/>i dont like the combination of the 12:20, 12:30 (engulfing) 10min bars & volume spike there. <BR/>btw what is your success rate? do believe in taking partial profits? how? <BR/>thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-88440207975973729552008-02-28T01:26:00.000-05:002008-02-28T01:26:00.000-05:00nice trade OOnice trade OOHammer Traderhttps://www.blogger.com/profile/01899289854022297720noreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-16000135243422390322008-02-28T00:56:00.000-05:002008-02-28T00:56:00.000-05:00i scalped HERO for lunch money... just a quick tra...i scalped HERO for lunch money... just a quick trade. man, FRE & FNM were bouncing around this morning. there were some real fades too.<BR/><BR/>nice trade 007.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1325562478910773152.post-66188375954026457592008-02-27T22:13:00.000-05:002008-02-27T22:13:00.000-05:00Looks like you were rewarded for your vacation! 4/...Looks like you were rewarded for your vacation! 4/30" chart looks good. I sold my cfc hans options for 33% 45%. Might get back in. Premkt vol's looked good...not necesarily gap type plays: fnm nflx jpm adsk jaso lamr solf gfiblhttps://www.blogger.com/profile/00896711870488137533noreply@blogger.com