posted by Tom C:
I have been gone most of the week, so I hope to find some good set-ups today. Check back this weekend for charts. I also have some "longer-term" analysis and charts that I hope to post this weekend.
Have a great weekend, and feel free to post your trades.
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Tags:
Trader-X
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The Psychology of Handling Large Drawdowns
6 days ago
5 comments:
Great trade rarefactor! Low risk entry above the Fib extension.
Have a great weekend everyone,
estocástica
CORT 30min. Break of third candlestick. Inside hammer candlestick.
Long CKFR on a combination of the 30 and 15 min. chart at $34.72. Took half off the table at the Fib Ext. of 34.96 Just got out of the rest at 34.45 but the stock looks like it wants to run higher.
CORT was on my watchlist but I blew it because I just did not like it's past liquidity...stupid me.
Also went short OVTI on the break of the 6th. And now just adjusted the stops a little lower. Just hit the Fib ext. Out of half the position.
I am having trouble picking the best trades lately. My R/R ratio is not making me happy...Most of my trades are working in my favor but the last few days the reward has been slim compared to what you guys are seeing but I am missing.
PEIX - 4th bar was a nice hammer but 13th and 14th bars were nice set-up above the Fib ext. It took off with bar 15 and you could have gotten $1.
TJ
Should have been VRTX.
TJ
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