3SOF

hi,
short the SPY 130.05
stop above yesterdays close

covered my short near the double bottom 129.71

hi,
still having trouble with my account . all the trades i made yesterday which i sold are showing up as shorts! which is great for my  RIMM  but these are erroneous trades so i won't be able to keep the money

shorted SPY  this morning at 129.12 sold half at 128.70 holding half

covered .67 heiken ashi reversal candle

went long USO 92.55 this morning . went out and put my stop at my buy price .
just sold half at 94 .20
holding half.

missed my entry on amazon today.
look at the chart . perfect place to enter at 84.80 at support . i don't like to leave a limit order on the table if i am not around so i didn't put one in .

sold remaining USO
93.49

hi,
the entry price is the most important part of the trade. how much are you willing to pay ?
can you walk away when it is not at the price you want to pay or are you willing to pay up and give it plenty of wiggle room ? even if you are an investor you want to buy your stock at a premium price . because that would be the whole idea of trading and investing . pay as little as possible so there is room for price increase. i practice walking away from my screen when it is not where i want it but i get sorely tempted on many occasions and find myself buying when i don't feel the most comfortable . i like to buy breakouts as well as support . but breakouts scare me cause i have had so many fail on me that i find it difficult to not feel like i am on a rollercoaster . So , i use a little trick . after a breakout on a 5 min chart wait for it to come back in to close to the breaKout . i.e if the breakout is 117 and it goes to 118 it generally comes back in to the low 117's near the breakout so you get to decide again  .  this rarely fails . i've seen it so many times that i set my watch to it !
  see the example below
yeterday i had SKF  at 117 at the breakout sweet spot  but i turned down the trade a little wary . yet all my research told me this was a genuine breakout . i turned it down all the way to my target of 122 lol. today what looked like a break out at 180 on AAPL  failed . not quite ready yet . but everyone loves APPL  so next time it will break .( maybe)
my USO trade today was a good entry  waiting for the pullback to where it touched the 20ma on a bullish day for oil USO  was a no brainer so all i needed was a good entry . and i was patient . which is what i am trying to cultivate to a higher degree.
the hit of the 20ma was the sweet spot at 92.09 and my finger was on the trigger but i waited for a little more confirmation but really the only confirmation i needed was the touch of that 20ma on a bullish day for the stock . that , for me is where i find the best trade that produces the best profit . the pullback to a support , and of course the W move which is profitable 100%of the time, because 1000;s of traders are waiting for the same thing. take a look at the chart for AMZN  below
thanks
maxi

long UAUA 1240 . sell half near 13.15

sold 1/2 13.

stoped out uaua 1240

long CROX 492
FOR A gap fill

hope to fill this gap

Nice find Rick. Just wondering since it doesn't appear too likely to close the gap today, will you hold overnight?