Recent content by cm-phil

Agreed that looking at charts at the days end doesnt make much sense because so much can happen overnight. You can definitely take a look - but make sure to revisit in the morning before the open

Yeah - you're speed looks good to me. The real question is whether or not your mouse is fast enough!

It's reached a peak. Even when the market is down it still goes down, it's just too over-valued

Right on dpinpon. So what to do... especially if you were long before? I'm trying to gauge the market and see if good summer earnings can give it a spark.

Plain and simple you should place the stop loss when the loss isn't palatable. You should always enter a trade with a ceiling and a floor. If you wait long enough, you'll either lose it all or be dead.

In theory this sounds like it would work. In practice this sounds like it would not...

Really great stuff here - keep it up. What program are you using to chart?

Yeah... stock trading courses are always something to be wary off. I kind've get the feeling that if these people are so good they would be doing it themselves and making a lot more money. Just be careful and know what you are getting yourself into. People claiming outrageous returns are...

Any takers?

Re: Here Is the Deal Great post - really helpful. Where do you things going?

Nice! You might have been able to hold on a little longer for even more.. not entirely sure why BP is up today

I would like to find a book as well to be honest.

Making mistakes is not a bad thing - making the same mistakes again is. Whenever you do something and the outcome is not as predicted, make sure to evaluate what happened and how to prevent it from happening in the future.

It's difficult to find good technical analysis without paying for it. To be honest, if you aren't willing to pay for TA, you probably shouldn't be using it to trade. Sorry to sound offensive.

Great post Joe - I will look to see how I can implement this strategy into my everyday trades