Comments on: Not a Black Swan, But a Greyish One http://blog.stocktickr.com/2006/09/28/not-a-black-swan-but-a-greyish-one/ Improve your trading! Sun, 07 Nov 2010 23:29:05 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Dave http://blog.stocktickr.com/2006/09/28/not-a-black-swan-but-a-greyish-one/comment-page-1/#comment-411 Dave Fri, 29 Sep 2006 12:11:19 +0000 http://blog.stocktickr.com/2006/09/28/not-a-black-swan-but-a-greyish-one/#comment-411 @butterboy Thanks for the comments, butterboy. I was looking at TSO as a gap play. You're absolutely right - if I'd have waited until at least 10:30 there's no way I would be in that trade. Your comments have me looking closer at my trading on the 15 minute charts versus the 30 minute charts. I've made a couple discoveries which I'll try to post about soon. Thanks again for the motivation! @butterboy

Thanks for the comments, butterboy. I was looking at TSO as a gap play. You’re absolutely right – if I’d have waited until at least 10:30 there’s no way I would be in that trade.

Your comments have me looking closer at my trading on the 15 minute charts versus the 30 minute charts. I’ve made a couple discoveries which I’ll try to post about soon. Thanks again for the motivation!

]]> By: butterboy http://blog.stocktickr.com/2006/09/28/not-a-black-swan-but-a-greyish-one/comment-page-1/#comment-409 butterboy Fri, 29 Sep 2006 04:53:13 +0000 http://blog.stocktickr.com/2006/09/28/not-a-black-swan-but-a-greyish-one/#comment-409 Why were you looking at TSO? It was volatile but from a volume perspective I like it to have much more than average. Either way, I remember reading somewhere that Maoxian personally doesn't get in after the second bar. Not like we have to do the exact same thing either, but I've learned the hard way that the earlier you get in the more likely you'll get chopped. I know hindsight is 20/20 but it's good to note that the next two signals would have made the trade profitable. Most trades won't give you a signal off the second bar anyways, but in my experience, it's not worth taking it. Why were you looking at TSO? It was volatile but from a volume perspective I like it to have much more than average. Either way, I remember reading somewhere that Maoxian personally doesn’t get in after the second bar. Not like we have to do the exact same thing either, but I’ve learned the hard way that the earlier you get in the more likely you’ll get chopped. I know hindsight is 20/20 but it’s good to note that the next two signals would have made the trade profitable. Most trades won’t give you a signal off the second bar anyways, but in my experience, it’s not worth taking it.

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