Old Posts Tagged with "dummy-trading"

These are Blog Archives
Here you can find links to old content I had on the blog, prior to switching to our group pages. Have fun looking around... some of it is pretty good! If you are looking for the best of the best posts from both the old and new eras, then go to the Articles Page. If you want the newest material, browse the public group (and the google waves associated with it).

Two Trades on STX Tuesday

Posted on April 10th, 2007
Written by Richard

It was sloooow going today in the markets. At least, from my vantage point, anyway. The only thing I could find that seemed to have any force behind it was Seagate Technology (NYSE: STX). So, I traded it twice!
This is one of those rare days where I manage to trade both long [...]

Dummy Play on GameStop Corp. (NYSE: GME)

Posted on March 27th, 2007
Written by Richard

I love twitter (have you seen twittervision? It just mesmerizes me… I keep telling myself I’ll stop watching after just a few more). But today, I was almost too twitter-happy for my own good! As I was posting about AMLN and GME, damn it if I didn’t miss my entry on GME! [...]

Scratched Trade on VAL

Posted on March 20th, 2007
Written by Richard

Today I finally followed through on something I’ve been meaning to do for a long time… I’ve been wanting to increase my position size as my trades go in my favor (sometimes called “pressing” winning trades). A lot of people (including me, not long ago) reduce their positions over the course of a trade [...]

Dummy Play: CB Richard Ellis Group (NYSE: CBG)

Posted on March 16th, 2007
Written by Richard

Guess it’s paper food again tonight! :-) You get used to it.
I thought this looked pretty good. I bought at the top of the last green candle. The ‘dummy’ candle was the one before it (which I’ve thoughtfully pointed out with an arrow on the chart. No thanks necessary. [...]

Too scared to be a Dummy on Qualcomm, Inc. (Nasdaq: QCOM)

Posted on March 13th, 2007
Written by Richard

As mentioned via twitter, I made a 0.5R trade on Qualcomm Inc. (Nasdaq: QCOM) a few minutes ago. This was (to me, anyway) a pretty standard-looking dummy setup. A gap up, a drop, and a turnaround on an inside NR3 candle just as the 5MA is catching up to the price. The [...]

Dummy Play: CVS Corporation (NYSE: CVS)

Posted on March 9th, 2007
Written by Richard

Today was a choppy, boring day where I could find few opportunities, despite being fully awake for once. :-) I would have dwelled on it, but the Trading Goddess said to get over it, so I did.
If you track my twitter feed, you already know that I took one trade today, on [...]

Dummy Play: Digital River Inc (Nasdaq: DRIV)

Posted on February 6th, 2007
Written by Richard

I don’t know about you, but I have found very few interesting opportunities the last two days. It could be because I am so sleepy (my sleep schedule is all messed up again) (again). I think all my paintbar indicators are keeping me out of trouble, because they don’t get sleepy [...]

QuoteTracker Paintbars: Dummy Trade Entry

Posted on February 4th, 2007
Written by Richard

I’ve been putting just about everything that needs measurement or arithmetic into paintbars on QuoteTracker. I’m pretty excited about making use of them next week. Most of them won’t mean anything to you, but I did make one that tries to help me spot the “dummy”-style trade entry. I thought that might [...]

Dumb and Dumber Trades?

Posted on August 19th, 2006
Written by Richard

Tell me where this line of reasoning breaks down…. it’s just a thought experiment I did a moment ago.. I’ll take you through it, in the order I thought of things.
I’ve heard that a typical dummy trader (see here for examples if you have no idea what that means) has a 40 to 45% win [...]