you may be right, twistedheat. it may be fear prompting the early exit. however, consider the following. when you enter a trade, do you not have a picture in mind of where the security should be heading? now, if you see a trade going wrong right off the start. is it better to just take what...
Example, you enter a trade. You determine your entry, exit, and stop loss points. Soon after you enter the trade, you see that it is not going as you anticipated. However, your stop loss is not hit. The stock is moving around in a range just above your entry and just above your stop loss...
Guys,
Is viewing Level II data via a source such as NYSE Arca :: Arca Web Book - Java version a waste of time?
Maybe it is my inexperience, but there are times when I just can't see why the stock is moving in either direction. My thinking is:
a) it's just inexperience
b) since it's only...
this is interesting. i've been noticing that if a stock gaps significantly lower/higher, it can have a tendancy to swing back toward the prev day's closing, at least for some period of time intraday.
off base or on to something?