lowtrade

[BoomTime]

Lowtrade,

Thanks, all your input is gonna be vital for my success, already its getting me thinking about how I can trade in a more discplined manner! Thanks
You are quite correct about breakout stocks not hitting your targets, I have a hard time picking exits, but will now have a percentage sell target. I will also pay more attention to previous rallies to determine when pullback (at least historically) should occur.
The info you are teaching is not repetitive to me. Since I'm a newbee, all disscussion is good.
I'll consider myself a day trader when I have more to show for my efforts.

Your Questions
1. Do you use a good level II and do you watch tic by tic to read MM intervention in the daily PPs movement?

I don't subscribe to any level 2 at the moment, will when it can pay for itself.

2. Do you normally get in and out in a day or wait until the stock reaches the next support, or falls?

Since this style of trading is relatively new to me I only have a few experiences. I normally hold until the next support level, depending if I view the stock has a long term hold or not. And sell when support is broken.

3. Do you choose a time frame to get out, if your targets aren't reached?

My time frame alters according to each stock and its unique situation.

Fixed my mistake on Friday, sometimes you do get a second chance! :->


Thanks
BoomTime