Replies to post #17481 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jobynimble]

Jenna,
UWN for gamers also, although it trades thin - ands yes, does trade options now, ...



Friday , August 29, 2003 12:15 ET

Aug 29, 2003 (JAGfn.com via COMTEX) -- NEVADA GOLD &CASINO (UWN)$10.05. Rumor that (ISLE) will make a $17 cash bid for company.


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[jenna]

MERQ finally taking out 47.59 here. So now all our plays are profitable and moving up from the triggers. Even when you scalp you need a plan. I might enter up to 2 times a day (a long and short ONLY ONCE EACH) and usually for a very planned move (like VRTY today and UNTD yesterday) Too many trades and stop outs you don't need. Its not scalping its "wrong entries and exits" That's why the earnings plays move FAR and quickly, if you change direction its after a BIG MOVE not an error in entry but a calculated taking of profits.