Recent content by Southpaw46

Hello: I make a good living trading around events. There are many articles and texts that discuss the subject. Those of us who have any sense at all realize that it is essential to find non-random behavior to trade. Otherwise trading is simply a form of gambling. A good reference text on the...

Hello DB: You are certainly right that wide stops are not always the answer. I make the mistake of assuming that other traders had the same problems I did. Thats not always correct. In my own experience, that was one of the keys. Its been a few years, but I remember being stopped out time after...

hello: I was looking back at my earlier post #384, and thought perhaps I could offer a further comment that might be of interest. In that post, I mentioned my opinion that when traders feel a sense of urgency, they will enter market orders that execute at the offer, and conversely if there is...

History will answer your question for you. Simply look back at how your target stock performed when there has been a market correction. You can obtain a number of opinions I am sure, but that is the method I would use to determine what to do in the future.

Hello: I have been doing this a while. Reading your quotes, I think to myself, "that is all well and good, but it doesn't really help much because it is not very specific. When I have a screen in front of me, and a decision to make, this kind of advice doesn't inspire confidence. In fact it...

Hello: It seems to me that a couple of important concepts have been overlooked. In my experience, the movement of price often reflects the urgency (speed) with which buyers or sellers enter orders. This urgency to enter is why an order to buy shares executes at the offer, rather than at the bid...