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Replies to #7926 on One Play A Day
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tater salad

11/07/09 6:33 PM

#7929 RE: heelsgo1 #7926

New? Read This.........heels......

Good point. Way too many think they have to get in instantly at 9:45 to be able to make a profit. Then when that dosen,t work, chase all the way up until the order fills. NOT! I, for one, have yet to get in the first round, BUT as you say, wait for the dip. It WILL come! And no, it isn,t because the pps is going to plummet to 0001. Come on guys! Don,t panic if you don,t get in first. Buy on the dip(s). Sell into the next run up. Yeah it may look like someone is panic selling at bid, but they may have put in a sell order and went to work or whatever. Then when the pps reaches their sell point it executes, looking like a sell at the bid. Don,t go blindly into a trade. If you are new, don,t understand, or whatever, i suggest you follow along and paper trade for a couple plays to get the feeling for whats happening. Watch what is going on. If you blindly buy in say at hod then don,t expect to come out ahead. If you fail to plan you plan to fail. We have a damn good concept going on here. Just don,t think you can go blindly into ANY trade and expect to come out ahead. Remember, you alone are responsible for your money! Act like it.
Tater
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trading.jeff

11/08/09 11:23 AM

#7996 RE: heelsgo1 #7926

I think it should be noted that entries should be made as close as possible to the BxA that is provided when the pick is released. THIS IS THE TEAM CONCEPT!!! Those that enter at a much higher price are at risk of losing money and are on their own. Based on the team's experience with SMMT, I don't think it would be feasible to undertake the rescue of those who got in at high prices.

Those that don't know how to trade these high-risk stocks should not be doing so; they shouldn't be getting in blindly. I don't think the mods or the teammembers would be offended if you decide to leave this group and trade in safer stocks.

This entire post is IMHO,
Jeff
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Fourthquarter

11/08/09 12:16 PM

#8006 RE: heelsgo1 #7926

Sounds reasonable and will work IMHO if evreyone participate....Key is for large holders to break down the sell at smaller amount...and sell at ask so the momentum continues...
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Fastmandoo

11/08/09 1:20 PM

#8012 RE: heelsgo1 #7926

So whats the Pick for Monday??????????????
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cardog1

11/09/09 10:07 AM

#8441 RE: heelsgo1 #7926

are we being shorted . 5000 share bids?