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SupaMario910

10/13/09 12:29 PM

#1304 RE: Cube #1302

Very true. I trust my gut more than anything when it comes to these plays.
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bowlegtroy

10/13/09 12:33 PM

#1310 RE: Cube #1302

Out early is definitely better than out late! I go with the same as you (except L2 since I have no access to them, nor the funds to buy access to them right now)! I generally trade relatively small positions (hundreds, not thousands of $), watch the charts on 5 and 15 minute, and get out when the indicators turn down. Gut and story sometimes play into it for me as well, but I like to think I trade more technical than anyhting else.

Sometimes I miss out on the big runs that way, though, and was looking for some insight!

Thanks!