Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
WMT > The premise was being long as it was staying above the Open even though the market was weakening and also some increased bid activity on the drops. The numerous pullbacks caused some shaking out and re-adding as it seemed to be weakening. Didn't have the staying power to wait for the eventual smooth out later in the day
TGT > Gapped down and fell thru the Open with market strong. I played the quick pullback to the $71.00 level as the bids failed to hold the whole number. The subsequent move was too fast with no pullbacks so I was unable to add to my position.
NTAP > Premise was to Short after it fell thru previous days close and tried to pullback. It has been ok in past, but price action was very spiky early on and so perhaps should have left it alone.
SINA > Initially strong but then fell strongly past Open and yesterdays close. So I was shorting on the pullback and looking for the $50.00 level to break, but it held and so I exited with a loss.
ADSK > After gap down and reject of the open I was biased short. Took some short on basis of offer holding below the $60.00 level. Then was shaken out on the spike up. Should really have re-entered if I could have maintained my composure. Then the subsequent fall thru $60 was too fast and I didn't want to chase the short