ctrout
122 posts
msg #62232
- Ignore ctrout |
5/6/2008 1:56:26 PM
13th:
You are all over the map. How many stocks do you play a day?
You like the the high day rangers it appears. I'm not knocking it. I like the action.
Are you using Muddy's filters?
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rtucker
318 posts
msg #62234
- Ignore rtucker |
5/6/2008 2:06:07 PM
Jp,ctrout,13th ..... best thread ever... very helpful...... keep it up!
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ctrout
122 posts
msg #62235
- Ignore ctrout |
5/6/2008 2:12:40 PM
took Profits on JASO & TSL plus 2.5%
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rtucker
318 posts
msg #62236
- Ignore rtucker |
5/6/2008 2:32:50 PM
One question for the three of you... when you have the time. In a general sense,( or specific).... How do you position size? ...... I am curious that in a real-time day-trading environment if you ever , or occaisionally , drastically increase your position size from the say...... TE/3 or TE/5 or TE/10 ?
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13th_floor
724 posts
msg #62237
- Ignore 13th_floor |
5/6/2008 2:37:55 PM
Long SNG Canadian energy play 3.365
ctrout,
I usually play about 6 ins/outs a day, today I'm seeing above average setups.
Yes I was taught by Muddy, I trade his style....... love the high dayrangers.
VRML getting smoked @ 3.30!
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ctrout
122 posts
msg #62238
- Ignore ctrout
modified |
5/6/2008 3:21:42 PM
Out ME at 29.46 (earnings after the bell) plus 6.7%
Took 1/2 profits on TIM (Toronto Stock Exchange) 15% (Thanks JP)
long CSUN at 9.30.
long SYT 59.99
long WPI 29.40
long MDR 55.03
long DE 86.02
long MUR 85.50
long CLWR after the bell at 17.50
All short term swings
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johnpaulca
12,036 posts
msg #62240
- Ignore johnpaulca |
5/6/2008 3:35:53 PM
Trout: ya owe me a brew bro...LOL
Timmy up 17%, I will let it run, would be nice to see it reach $27 again. This is my third time trading this stock.
-Lately I have notice your picks look very similar to mine... you figured it out. (<:
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ctrout
122 posts
msg #62242
- Ignore ctrout
modified |
5/6/2008 4:23:37 PM
JP:
Now if I could only stop playing the stocks that don't base properly and take my losses. I am still in MFLX.
I don't mind playing under the 100 day though but I think it would have to be way under the 100 but only if they based long enough.
Got lucky on MFLX -- blew away earnings (btw, I hate holding over earnings but this had a late pullback into earnings and volume looked up into the close. Whew!)
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ctrout
122 posts
msg #62244
- Ignore ctrout |
5/6/2008 4:45:16 PM
rtucker:
If the stock is under $10, I will use a lot size about 1/2 the dollar value of a position of a stock over $10. However, I don't really day trade, I am more of a swing trader. I am prepared to average down though if the support is there.
For actual Daytrading I think that 13th_floor could guide you better. Personally, I very rarely sell 1/2 postition. I usually sell it all.
For really volatile stuff (Goog, OIH) , I buy puts and calls as this limits my downside.
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rtucker
318 posts
msg #62245
- Ignore rtucker |
5/6/2008 5:16:29 PM
Thx for the response ctrout. If there is one ( wish it was just one) thing about me it is too large a position size( up to 1/3) , so that I dont have much wiggle room. Almost always if it doesnt go up that day I'm gone/stopped out. and watch 1 day later as it later it moves up.
Must reconsider this......POT and PAL are recent examples... Thx...
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