des44 said:I never buy blind. What I mean is I always set traps (buy stops) in those places I want to enter. I want things showing me that they're going UP. My goal is to hitch a ride on anything heading to the starts.
d-
TheBramble said:I've got one of me in the bath. Anyone interested?
Yes, I certainly experience false BOs. My stop is always just below the previous day's low...AND I leave it there until the BO makes a higher swing-low. I'll then move my stop under the newer swing-low to preserve profits. It takes guts to sit on your hands and be disciplined enough to allow your stock the room to run. Thx for posting.DESKPRO said:Des have found your videos very interesting as sure many have. As someone who also tries to trade breakouts... you dont appear to have many examples of "false" breakouts... how often do you experience these and how do you deal with these in terms of stops... where do you tend to put your initial stop when hoping for a breakout????
You're the man. Thanks. I'll let you know how it goes.Sharky said:To make life a little easier, I've set up all the different video formats as valid attachment types.
So in future, you should have no problem uploading any of the standard video formats including .wmv, .avi, .mpg, .ram, .mov, .mpeg.
YES! Lay it on us.TheBramble said:I've got one of me in the bath. Anyone interested?
I use the software TradeCenter in conjunction with a scanner called TradeSeeker. I will review roughly 200 charts a night looking for my favorite setups. The nice thing is--I have all night to do so. There are no time restraints after-hours, which is total freedom. Matter of fact, I barely even glance at the markets and my stocks throughout the day. That's my play time. I'll put in an hour in the morning during the opening bell and then two hours each night after the closing bell. If I am bored and at home, I'll do some intra-day trading, but I found out that the return on my time investment is much better spent in the before and after market times. I am sure everyone is different, but that's my story.roguetrader said:Hi des,
Nice work with this thread mate. Got a question for you. As an intraday trader it's really easy to find intraday setups to trade as most basic scans will pick up high volume movers, and price changes, and all the news feeds will be talking about the "movers and shakers" But how do you find new trade setups?
Sharky, looks like you've zipped Des' nick too....Sharky said:des33