short term traders after market lounge, page-74

"I love this thread and the contributions made by HC members, consiquently it is also bereft of BS."



And that's the way it has to stay. If I'm in a stock and some one puts up TA that is negative to that stock. I check the TA and if it's correct I exit my position if need be. I wouldn't get into a petty little argument during market hours on the thread. Even if the posters TA was wrong I would pull it into the lounge and leave the thread uncluttered. (That's not what you and Demon did, I'm just giving an example.)

Also if I'm in a stock and I think the FA is fantastic and that stock will be 20 cents in 6 weeks. Don't bag anyone for giving TA ON THAT STOCK RETRACING. Because the calls are made through TA, unemotionaly on a short term basis. That really needs to be understood. This is Short Term Trading. I don't care how good the FA is. If I see signals for a retrace, I'm locking in profit and getting out. If it rises again I'll re enter. I'm not riding a retrace only to ride it back up when I could be trading elsewhere during that time.

I think we need to rename the lounge to "Short Term Traders 24/7 Lounge."