|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000>test</FONT></DIV>
<DIV><FONT color=#000000><BR>Swope's Mountain Photography<BR><A
href="http://www.swopephoto.com";>http://www.swopephoto.com</A><BR><A
href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A><BR>Climb the
mountains & get their glad tidings: Peace will flow into you as sunshine
into flower; the winds will blow their freshness into you & storms their
energy, & cares will drop off you like autumn leaves. John Muir 1838 -
1914</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000></FONT> </DIV></BODY></HTML>
</x-html>From ???@??? Thu Feb 18 11:20:52 1999
Received: from list.listserver.com (198.68.191.15)
by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 16028
for <neal@xxxxxxxxxxxxx>; Thu, 18 Feb 1999 14:15:55 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id LAA07479;
Thu, 18 Feb 1999 11:08:27 -0800 (PST)
Received: from m7.sprynet.com (m7.sprynet.com [165.121.1.64])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id LAA07113
for <realtraders@xxxxxxxxxxxxxx>; Thu, 18 Feb 1999 11:05:08 -0800 (PST)
Received: from spry716955spry06 (hil-qbu-ptl-vty16.as.wcom.net [206.175.106.144])
by m7.sprynet.com (8.8.5/8.8.5) with SMTP id LAA22238
for <realtraders@xxxxxxxxxxxxxx>; Thu, 18 Feb 1999 11:05:01 -0800 (PST)
Message-Id: <005b01be5b71$f05e5a60$906aafce@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>
Date: Thu, 18 Feb 1999 12:07:27 -0700
Reply-To: "Linda Swope" <linda@xxxxxxxxxxxxxx>
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: "Linda Swope" <lswope@xxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Gen: need help with my strategy
MIME-Version: 1.0
Content-Type: multipart/alternative;
boundary="----=_NextPart_000_0058_01BE5B37.40983B80"
X-To: "Real Traders" <realtraders@xxxxxxxxxxxxxx>
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 4.72.3110.1
X-MIMEOLE: Produced By Microsoft MimeOLE V4.72.3110.3
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 471db9a0891a19297e9dc42211214746.04
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000>Hello RT's!</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV>I'm starting to trade again, this time systematically. Emotion and
opinion are gone and I'm just trying to trade price. </DIV>
<DIV> </DIV>
<DIV>I'm struggling a little with time frame. I've day traded a lot and
the stress takes a toll on me. Part of me would like to position
trade with a short time frame (less than 1 month), but another voice warns me of
those overnight surprises. I think I would have to set looser stops to
handle the volatility and not get kicked out with every whipsaw. </DIV>
<DIV> </DIV>
<DIV>I'd like to set up a possible trade and then get your feedback:</DIV>
<DIV> </DIV>
<DIV>My system is based on fib retracements and Dell is sure retracing! I figure
there are 2 choices: 1)It will bounce off the retracement and resume the
uptrend. 2)It will start a new trend and go lower. At this moment it
is oversold, so that gives me two choices. 1)It will resume the uptrend.
2)It will re-test the high before a new leg down and a new downtrend. That
says to me in the short term it is going higher.</DIV>
<DIV> </DIV>
<DIV>So next I need a signal that it is indeed going up. Then I set my
stop at the low of this retracement. Then I set my target based on fib
ratios. (I'm conservative and use 1.618.) Now I just let the price
happen and either I'm in or out.</DIV>
<DIV> </DIV>
<DIV>Here's a couple of questions: what would you use as your signal that
it's resumed an uptrend? </DIV>
<DIV>Would you use the after-hours low or the trading day low for your
stop? The after-hours low is a couple of points lower than the trading day
low.</DIV>
<DIV> </DIV>
<DIV>And just generally speaking, am I on the right track?</DIV>
<DIV> </DIV>
<DIV>I really appreciate any comments, feedback and wisdom you all might
share!</DIV>
<DIV><FONT color=#000000><BR>Swope's Mountain Photography<BR><A
href="http://www.swopephoto.com";>http://www.swopephoto.com</A><BR><A
href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A><BR>Climb the
mountains & get their glad tidings: Peace will flow into you as sunshine
into flower; the winds will blow their freshness into you & storms their
energy, & cares will drop off you like autumn leaves. John Muir 1838 -
1914</FONT></DIV>
<DIV><FONT color=#000000></FONT> </DIV>
<DIV><FONT color=#000000></FONT> </DIV></BODY></HTML>
</x-html>From ???@??? Thu Feb 18 12:16:33 1999
Received: from list.listserver.com (198.68.191.15)
by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 2438
for <neal@xxxxxxxxxxxxx>; Thu, 18 Feb 1999 15:10:04 -0500 (EST)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id MAA09073;
Thu, 18 Feb 1999 12:05:07 -0800 (PST)
Received: from mail.eaze.net (mail.eaze.net [209.160.106.3])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id MAA08956
for <realtraders@xxxxxxxxxxxxxx>; Thu, 18 Feb 1999 12:02:40 -0800 (PST)
Received: (qmail 13745 invoked from network); 18 Feb 1999 19:45:26 -0000
Received: from lras-3-40.eaze.net (HELO eaze.net) (209.160.126.154)
by mail.eaze.net with SMTP; 18 Feb 1999 19:45:26 -0000
Message-Id: <36CC7213.FE572AC0@xxxxxxxx>
Date: Thu, 18 Feb 1999 14:03:32 -0600
Reply-To: joe6964@xxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Joe Frabosilio <joe6964@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Gen: need help with my strategy
References: <005b01be5b71$f05e5a60$906aafce@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>
MIME-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-To: Linda Swope <linda@xxxxxxxxxxxxxx>
X-Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
X-Mailer: Mozilla 4.5 [en] (Win95; I)
X-Accept-Language: en
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 3b210fb44a4e4b9a64b83862ded6a267.03
Hi Linda,
I don't know if you have this book or not. Look at Dynamic Trading
byRobert Miner.
To see if trend has changed I use money flow, along with other setups
out of Street Smarts and Hit and Run. Stocks act different at different
retracement levels. Here is DELL:
.382= 83.54
.5= 75 3/8********(in premarket trading DELL was down to 74 and started
to move up)
.618 = 67.2
What saved DELL ( IMO) was the 2 for 1 split. But watch it go down.
Stocks that start a down trend then announce a stock split still work
there way down.
Trade Well,
Joe Frabosilio
Linda Swope wrote:
> Part 1.1 Type: Plain Text (text/plain)
> Encoding: quoted-printable
|