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Re: RISK_IT post# 10701

Thursday, 10/17/2013 8:25:04 AM

Thursday, October 17, 2013 8:25:04 AM

Post# of 20543
I'm not a super sophisticated trader- but I watch F daily the pattern, chart, volume, etc.
Lately I have been buying small lots on any dips into 16 range and selling around 17.35-17.55. Decent beer money.
Once it breaks 18 I will look to see if it continues the pattern and then I will BUY any dips into 17 and sell mid 18.
Just watch for the step ups and dips while it consolidates in a certain range.
Patience is key.
I have been doing this since $13 range and it's worked well.
Holding a large long position (average 11) for divi's and may start unloading some if it pops 20+
Although next year could be a major break out year for F.
Good luck
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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