Tuesday, August 10, 2010

Groundhog day




We were here yesterday weren't we?
SKX.
New lows.
Short.
Add size.
Wait.
Cover .
Play the probable bounce.

4 comments:

Day Trading Fool said...

Scott - you may have answered this before, but when you add size, does your stop change for the entire position or do you place a new stop for every addition?

Scott said...

i'm either all in or all out 99.9% of the time

Day Trading Fool said...

So - on this chart - green lines are adding size, and the all out stop was held at 30.05?

Scott said...

yes on th esize.
i would have gotten out had it reached my middle entry