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AbeSmith

Market Wizard
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Everything posted by AbeSmith

  1. Trade 4: +9. Considering trading multiple contracts so I can scale out. With one contract it is an all or nothing deal and sometimes I want to take some profit and adjust stop to even out. Especially in very volatile markets.
  2. It was just based on a bullish tone from CNBC. I was wrong.
  3. I just want to clarify that the trade this morning was not based on the news, but on a bullish tone from CNBC. I understand that by the time news is reported on CNBC it is already priced in by the market for the most part.
  4. As a new trader I feel there is a lot of information on CNBC, not for immediate trading necessarily, but for getting an understanding of the market. It is interesting to me to see all the news reports and how they affect the market, and get all the analysis. So for you guys it may not be useful, but for me, at the very least, it is interesting.
  5. CNBC is not so bad IMO. Especially for a beginner trader, it is very informative and provides information about the events that might be driving the market. I feel I learned a lot just from watching CNBC.
  6. Thanks James. I'm not trading for real, just paper trading. What made me long there was watching CNBC it seemed like the market was going to have a big opening and I wanted to get a piece of that ahead of the bell.
  7. Hello. Stocks are up sharply in premarket. Good luck.
  8. The JFK museum may also be interesting.
  9. Thanks James. Good trading to you as well. Regarding Dallas, I'm not sure what kind of things you're into. You might want to check out reunion tower in downtown. There is a restaurant up there that spins around, slowly, to let you view Dallas in 360.
  10. My trading summary for today: 15 roundtrips. +54 or so points. May have miscalculated by a couple of points. Realized paper gain of 201.10.
  11. Hey Nvesta81. I'm still paper trading.
  12. Trade 6: +59. Traded on 200SMA's resistance.
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