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There was a lot of profit there. When you divest yourself of a short, you gain H$ to reinvest. In that case, the amount was fairly large and

Posted by: Catzan on Apr 19, 07:11 in response to QuebecHollywood's post I HATE reset traders this morning...namely for the one...

it would be natural movement for it to swing the other way. Reset traders, in all likelihood, were not the impetus behind that. I would think of it rather in terms of a pendulum that will swing back in forth. If you day trade, you catch it. If you don't, then it will eventually STILL be H$ in the bank for you...just not today.

I HATE reset traders this morning...namely for the one stock that is WAY up...that has no business being up, and secondly... QuebecHollywood Apr 19, 06:47

i agree with you about the one that is way up... OlegMaxYTD Apr 19, 06:55

Any thoughts about what delist mult it will end up at? Facto Apr 19, 07:01

I can tell this ...that movie will have an ugly 3rd & 4th week. Guillo Apr 19, 07:10

i think it would be lucky to do OlegMaxYTD Apr 19, 07:14

im usually in ur boat too with reset traders.... Dorfman Apr 19, 07:10

I'd say both are acting quite normal. If one wants to surf the daytrades, best get to know the various waves, and their rhythms... {nm} Facto Apr 19, 06:59

There was a lot of profit there. When you divest yourself of a short, you gain H$ to reinvest. In that case, the amount was fairly large and Catzan Apr 19, 07:11

That's why I sell/cover all my daytradings before going to bed and when I wake up a couple of hours at reset I just see the market trends.. {nm} krapnek Apr 19, 07:13

please tell me you don't wake up specifically for reset! {nm} ndmaster Apr 19, 09:12

oh wow i see now, that is way up... Dorfman Apr 19, 07:16

see roller coaster is already on its wa back up {nm} Dorfman Apr 19, 07:24

damnit... price going up so fast my tradeskeep failing. lol {nm} Dorfman Apr 19, 07:26

lost .50 cents a share trying to buy and it failing. lol {nm} Dorfman Apr 19, 07:28

You have to be ahead of the curve. You'll never make profit if you're playing catch-up! Commish can kill a smaller port! {nm} eyescovered Apr 19, 07:36

ur right... i been watching all morning, but having to trade on my cell now and guess it wasnt going through fast enough. {nm} WinstonMan78 Apr 19, 07:45

u get charged commission even if trade dosnt go through??? {nm} WinstonMan78 Apr 19, 07:45

No, no charge if trade doesn't go through. Thought you were saying that your trades weren't getting you profit. {nm} eyescovered Apr 19, 07:55

no no. every time i tried to buy the trade would fail causeit was rising so fast. {nm} Dorfman Apr 19, 08:02

Heh... Now that's easier said than done... There is no way of knowing exactly where the curve comes... Facto Apr 19, 07:46

Very true. What seems to work for me is sticking with your guns. A common reaction is to sell a falling stock, but that same stock may eyescovered Apr 19, 07:59

Yup. {nm} Facto Apr 19, 08:03

went out for a coffe and when I came back my profit was already lost :( hope this flip is worth it!!! {nm} krapnek Apr 19, 08:30

Eh, I use days like this to clean out the port a little bit (since I'm already in the red). Usually finish the day in the greem, though. {nm} eyescovered Apr 19, 07:26

Could this reflect traders abandoning ship by calculation (to free cash or bank short-driven profit) rather than mindless reset trading? DTXbro Apr 19, 07:48

I believe the one that fell this morning was due to resetters... not sure why though... Sir {nm} Dorfman Apr 19, 08:04

You do know that u are going to make the money back soon, else dump the stock next time soon after a great short to save yourself a shock ;) {nm} karspov Apr 19, 07:56

Day trading is the 4 legged Yeti of HSX. {nm} Scorpion Apr 19, 09:53





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