going bulllish

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JYang United States. Oct 17 2008 11:37. Posts 2669

damn i overslept this morning and didnt get the best price

i knew i was going long today... oh well

my positions for today (just entered it in few minutes ago)

i realllly hope the market doesn't go crazy this time and i can hold my shits a bit longer.

im trading mostly small caps and they are pretty damn illiquid. i get raped by the big/ask slippage.

basically the reason for this trade is that i'm just lookin for a retracement, like the S&P is down ~40% and im just looking for it to bounce up again. the pattern is a double bottom and many would say that this is pretty good tradeable mini bottom. gettin good pot odds for my $ so why not.

as for guys who'd like to get started... just gonna point u out to few books

http://forumserver.twoplustwo.com/30/...ng/my-guide-day-trading-v1-0-a-75338/

1. obvious the bible of technical analysis, Technical Analysis of the Financial Markets
http://thepiratebay.org/torrent/33924...Analysis_Of_The_Financial_Markets.pdf

that 2+2 thread was a day trading guide but obv u just gotta read few books and see which method of trading is right for you. so i guess just read a lot. i don't day trade but that guide was very helpful. the books he recommended was really really good.

will post more books in the future

0 votes

Last edit: 17/10/2008 11:38

whamm! Albania. Oct 17 2008 12:12. Posts 11625

i hope there will be a liquidstoxmarket.net in the future , it's really cool to learn new stuff with the poker/starcraft community, plus not to mention the egostistic assholes and bandwagoners are always a bonus lol