weekend lounge short term trading: 14-16th feb, page-37

  1. 3,654 Posts.
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    J8 BLT thanks for you thoughts, I took profits last week as targets are targets, reason for the question really... How much to take off? how much to keep on? went for coin toss and took 50%. I have a dream target/bid on the lower side.... but will also buy back in if it breaks to the upside. just watching for any clue of that direction in the days ahead.

    RER likewise I 'think' it will go higher next week but have come to learn to not second guess and not be greedy so I rung the cash register with 50% off, on the way up to that target of 8.2c in the high 7's. Close enough, will do me!

    Timbo, How did you go with your interview/ fulltime job, did you get it?, bonus for us if it steers you more toward ST trading strategies' and tips.

    My lesson for the week! with other trades...

    AKK chewed me up and then spat me out all within a day of entering. funny that! I second guess what I think an indicator will do prior to it being confirmed.
    I seriously , seriously need to break that habit!....

    In an ironic way that trade also save me from a real arse kicking, as I was licking my open wounds... thinking about doing it again.....I decided not too, the trade was BTR the day prior to the cliff dive!
 
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