Support and Resistance Trading Forum

Missing big moves
By:George Thompson
Date: 7/13/2009, 11:00 am

I still have one problem: patience. I bought C $ at 8:13am today at 86.14, because in my view it broke R above both MAs. It moved nicely, but seemed to stall at the 86.20 level. I had to leave for a short while, so I sold for a $50. profit at 8:20.

I should have used a trailing stop, because it moved to 86.70 within 16 minutes later. I missed a $500 move! This happens to me a lot. The C $ usually has 2-3 big moves each week.

How do others have patience for these big moves?

Responses To This Message

Re: Missing big moves
Alan C. -- 7/14/2009, 1:04 am
Re: Missing big moves
Deadlydoggy -- 7/13/2009, 1:01 pm
Re: Missing big moves
charleydan -- 7/13/2009, 12:41 pm
ONLINE COMMODITIES TRADING