Comments on: A dummy a day: Suntech Power Holdings Co. Ltd. (STP)

By: Ugly

Ugly — Wed, 13 Feb 2008 12:44:26 +0000

godfrey: how can you tell when they are under-priced and cheap?

By: godfrey

godfrey — Wed, 13 Feb 2008 08:44:45 +0000

..hey ..options aer the way to go….but you have to be careful..only trade under-priced cheap options…that way u will be successfull….study before you LEAP!!!

By: Ugly

Ugly — Thu, 17 Jan 2008 04:38:59 +0000

Rsrenslow: yes I was just looking for a break of a small candle in the direction of the trend. But this one didn’t work out great - maybe the inside candles work better. I don’t like trading options because they aren’t as liquid - but I have never really put a lot of time into trying it. Maybe it could work.
shohel: I like the 30-min charts because it is hard to find trades - it forces me to be more patient. Thanks.

By: shohel

shohel — Wed, 16 Jan 2008 12:48:31 +0000

hi,i like ur style,what is the good and bad thing about 30 minute charts. i find it really hard to find an opportunity in 30 min charts. how many charts u go through to find a trade. I am really interested about ur treading and techichs, i want ur help to become a trader like u. Your blog is one of the best. thax.

By: Rsrenslow

Rsrenslow — Wed, 16 Jan 2008 08:56:42 +0000

Hi Ugly, I have a few questions about this trade. What distinguishes the 12 o’clock candle? From most of the other “dummy a day” trades, I noticed that you looked for breakage of a thin “inside” candle (one that is within the high and low of the previous candle). Since the 12 o’clock candle is not an “inside” candle, are you just looking for breakage of any thin candle that might represent a low risk entry point? Second, do you think that trading options would be one way to gain leverage on these “dummy a day” trades? Thanks so much!! Cheers!