InvestorsHub Logo

dart1961

12/19/06 6:56 PM

#18298 RE: TraderDog #18295

Patience is what I preach turbosetch, if the MM's are showing trip 0's, get right down there on there level and make 'em come to you, they love to gap and trap and play headfake games up and down. A 1st entry with 25% of your alotment to play the stock is a good rule of thumb [ even if you're only playing with 400.00, just put a shot across the bow with 100.00 1st then be patient and see what they do next.Many times that 25% 1st buy will be the only buy I make for that day and the next day I have a better view on what's happening or going on. I can average down if the stock goes down or buy another position on a bullish move up, then if she runs i'm taking profit and am happy. Onward to the next play :)