Nice trade Rookie. I do have a question on what made you stay in the trade November 5-10? I noticed that the macd stopped moving upward and the histogram flattened and the ADX flattened on the D. I appreciate you sharing as I am still, after 4 years of continually trying, learning to do this. Thanksby Stacees - Trading Discussion
Darcy, I have also learned a lot from your postings. As Gary says to gain wealth you should always be looking above you on the ladder and not below. There is always something new to learn from others if by reading books or by reading this forum. I am always looking for ways to gain knowledge whether it be in trading or in other aspects of life. My husband has been a pilot in the AF for the last 1by Stacees - Trading Discussion
I traded EQIX yesterday to the down. I entered first thing in the morning off of the 233. I bought 1 May 210 put so it was 1 out of the money. It was 6.10. It didn't move near as much as the stock did. The stock dropped a little over 6 after I got in and the option only moved 2. I got out first thing this morning and made just enough to cover my commissions! I was a little taken back by the big bby Stacees - Trading Discussion
I didn't get into CF but now I wish I would Have!! I did get into EOG however and I am still in it. BCT your birthing Concept is very Intruiging and so I thought I'd give it a go. I normally just trade from the 233. EOGcrossed down on the 55 this morning and continued on the 233 it closed just below the 200 ma So we will see how it goes. I entered off the 55 cross down. Also I remember seby Stacees - Trading Discussion
I like Think or Swim. I don't know if you took Wall Street Basics, but I have my charts set up just like Gary's. They just don't have a 55 min or 233 chart but are supposed to be adding them soon. They have a 1 hr and 4 hour that I look at in place of the others. They are free when you add an account with TD Ameritrade.by Stacees - Trading Discussion
Thank You so much for the advice. I will start watching GLUU. I have been trying to keep my W&O under 30 so maybe that is my problem. Speaking of Greece have you ever played ETF's? UVXY goes crazy when the market is down. I bought calls this morning (play money)as all the futures were down this morning because of Greece and this stock plays off the volatility there. The calls move very slowlyby Stacees - Trading Discussion
Thanks for responding. Are you able to sit on your practice trades long enough during this zone to complete a WO trade before the stock falls again? In my practice trades I have been unable to find a trade that stays up long enough to sell calls on. Thanks Staceeby Stacees - Trading Discussion
Hello, I just finished listening to Gary's cd's for the second time and starting the third. I've been practicing with play money for 2 months. I really want to start trading widows and orphans with real money but have been extremely unsuccessful! Do any of you play W&O during this zone? It seems the moves are so quick there is no sitting at the piano. Also when looking at the trends on RTT itby Stacees - Trading Discussion