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Daytrading with Consensus

Started by Ares, February 08, 2007, 08:37:46 AM

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Which is better

Using a stop loss
2 (100%)
Using a hedge
0 (0%)

Total Members Voted: 2

Ares

Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Looks like TGEN would have been a better pick.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#197
DNDN is above my price range but just testing where this will go.
momentum low entry = 13.66
protective stop just below 13.50
or
price low entry = 13.65
protective stop just below 13.57
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Price low and momentum low entry stopped out
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

DNDN seems to have used the premarket's hourly marubuzo low of 12.00 as support.
The High of the candle is 19.00
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#200
DNDN's previous hourly high is 13.83 and previous hourly low is 12.00
momentum low entry = 12.20
protective stop just below 12.00
The first momentum entry was premature since it was not close to an hourly or daily support.
1st momentum entry = 13.66 - protective stop of 1.350 would have been a 16 cent loss.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#201
A block af 10,000 in gold at the time and sales just went by at 13.72 for DNDN.
Will blocks push the price above the previous hourly high of 13.83 which is a hammer?
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

moved DNDN's stop from 12.00 to 13.40(15 minute's swing low)
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Break out on the 1 minute bollinger band above the 13.83 hourly resistance for DNDN
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#204
yup, blocks on the green seems to be coming in for DNDN.
Looking good with 1 minute chart uptrending with a nice level 2 set up.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

27,500 block in gold at 14.35 for DNDN.
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

moved DNDN's stop from 13.40 to 14.10 (5 minute swing low)
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

#207
Out DNDN at 14.10

In = 12.20
Out = 14.10

profit = 1.90 which outweights the loss of 0.16 of the first momentum low entry.

Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Should have I waited for price to touch the BB or the B+ of the 1 minute bollinger band before exiting?

BB exit close to 14.18
B+ exit close to 14.29
Go in with upside momentum or wait for stock to tank and buy close to support.

Ares

Looking at re-entry in DNDN at 13.40 and 12.00 support areas.
Go in with upside momentum or wait for stock to tank and buy close to support.