Do you still trade AAPL, even now that its at 400+. A 50 cent gain on 422 to 422.5 is only .12%. If you trade it, do you use huge leverage. .12% on $20,000 is only $24. That's a little more than my commission. Do you use pay per share commission? I guess i'm wondering if there's a point where you say a stock is too high priced and move on to a lower priced one to have the chance of making a bigger percent gain.
TRO, rule of thumb: "You don't wanna be long below the open price".
To what extent is it important whether the stocks trades above or below its previous close?
TRO, rule of thumb: "You don't wanna be long below the open price".
To what extent is it important whether the stocks trades above or below its previous close?
Hey TRO ..... I've seen your thread before, but never took the time to actually read through it. Seriously great stuff. Even though I do a lot of volume analysis I do believe that for anyone just trying to trade price action and make steady compound gains you've got a great strategy. I especially loved the time you acknowledged that it's boring ... it doesn't involve endless amounts of charts .... but it does what it's supposed to which is make money. Essentially that is what true trading is.
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