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I make around 200.00 - 500.00 on this stock DAILY, trading from both the long & short side. To me C is my own personal ATM.Made 493.00 today, 240.00 yesterday, 2000.00 Tuesday. I seldom lose trading this stock.I don't hold overnight.
Skill from trading for 18 years, managing risk. I'm at the computer for 12 hours a day. You get the feel for certain stocks after a while.
Quote from: eric1960 on September 11, 2009, 10:12:58 AMSkill from trading for 18 years, managing risk. I'm at the computer for 12 hours a day. You get the feel for certain stocks after a while.Agreed, instinct is probably better than any fancy technical indicator. Unfortunately the markets do not give much on my gut feelings ...
eric, would you mind to share your trade secrets here? How do you determine entry and exit points, and how predict direction? Do you use chart patterns, or just sentiment and momentum? I have tried both, with mixed results I gave you trades from my own account. Hope it helps.