Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.
 

Monday, October 13, 2008

stock trading qqqq qid ndx nq: third call of the day october 13, 2008)

Latest new post for members only issued on April 23, 2010. Fill signup form below to access it instantly.

---------------------------------------------------------------------------
New Policy: To Read The Market Analysis Reports Generated By Our Proprietary Models,
You Now Need to Subscribe. Fill Form Below. Subscription Is Free.
Get Instant Access to the Latest Report, As Soon As You Submit the Form Below.
NOTE: You will also receive access to hundreds of articles on this site. The articles are not visible on this page.
---------------------------------------------------------------------------
stock trading qqqq qid ndx nq: third call of the day (october 13, 2008; non retirement (brokerage trading) account )

Just back from my errand mentioned in closing of earlier position a little while ago.

3:34PM: with NDX at 1390.ish, we are starting to scale in on short side of NDX.

3:41PM: with NDX at 1395, we add the second half of the size. Entry is completed.

Note that the size traded here is half the normal size as we are against the "new trend". Read previous post.

End of day: we have seen a ferocious short covering towards end of day. The above position is held overnight, for a possible retreat tomorrow. I would add that we will not complain as we have more more 130 NDX points on brokerage, and another 150 ndx points on retirement account, on double the size we have now on short side. Have a good rest of day everybody!

PROFIT Taking (Tuesday October 14, 2008):

2:20PM: with NDX at 1362, we are taking profits on the short position entered into
yesterday. Profits: 30 NDX points.


To Receive Market Forecasting/Timing Reports, and Other Special Trading Reports: Enter your email address in the form below, and click submit. Your subscription is at no cost to you and you can unsubscribe at any time. You will receive our special market timing reports, trading reports, and other specials available for members only. We reserve the right to withdraw or terminate this FREE subscription offer at any time. Therefore, secure your subscription now as we do not guarantee that this offer will be available at your next visit to this site.
Happy trading,

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home

Privacy Policy