johnpaulca
12,036 posts
msg #93004
- Ignore johnpaulca |
5/21/2010 2:16:48 PM
are you sure ???
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johnpaulca
12,036 posts
msg #93005
- Ignore johnpaulca
modified |
5/21/2010 2:28:13 PM
BIDU...out at $70.43...going long at $7.45...uh 70.45
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Eman93
4,750 posts
msg #93007
- Ignore Eman93
modified |
5/21/2010 3:02:28 PM
TNA ,,,,, waiting for RUT to print 640
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johnpaulca
12,036 posts
msg #93008
- Ignore johnpaulca |
5/21/2010 3:23:31 PM
TZA hit $7.70 should pull back here
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Eman93
4,750 posts
msg #93009
- Ignore Eman93 |
5/21/2010 3:31:48 PM
in some IWM at 64.15..... will try it again...64 is my line in the sand....
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Eman93
4,750 posts
msg #93010
- Ignore Eman93 |
5/21/2010 3:33:04 PM
Cant stomach the TNA today...LOL.. if we have a decent close I may swing it...
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Eman93
4,750 posts
msg #93011
- Ignore Eman93 |
5/21/2010 3:58:04 PM
Sold IWM at 64.95 ........ 65 is technical target. made a few coins back..... small beer money....
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johnpaulca
12,036 posts
msg #93012
- Ignore johnpaulca |
5/21/2010 4:10:02 PM
good job E...have a great weekend, hope your son gets better soon.
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Eman93
4,750 posts
msg #93017
- Ignore Eman93 |
5/21/2010 6:50:02 PM
JP,
Nothing serious they thought he had pink eye..... just something viral.....he seems fine now.
Thanks
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johnpaulca
12,036 posts
msg #93064
- Ignore johnpaulca |
5/23/2010 1:31:04 PM
A common myth about trading is that you will
benefit by paying a trading service and
following their trading selections.
Wrong! Wrong! Wrong!
You must understand that trading is a
solitary endeavor. You are trading against
other traders.
If you were a boxer, would you discuss your
next punch with your opponent? Of course not!
When I day-trade stocks, I often buy a thousand
shares of a stock for a trade.
If just one other trader is trying to make
the same trade, it could push up the price of
the stock I'm trading.
On a thousand shares, a difference of 0.01 in
price means that I must pay an extra 10.00
for the stock. A difference of 0.10 means I
have to pay an extra 100.00 for the stock.
If I tried to make the exact same trade, at
the same time, as say 100 other traders it
could cost me thousands of dollars a week in
missed trades and bad fills.
If you don't think that the same thing can
happen in a huge market, like the forex market,
think again. The forex market is segmented by
broker, and any forex trader will tell you that
bad fills can be a problem.
Trading services and trading chat rooms are
filled with "wanna-be's."
Source: Les Schwartz
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