Goldtent TA Paradise

Specific Stock Set-Up

1. silverboom says:

   February 3, 2021 - 10:48 am at 10:48 am

   Well, nuts, Chartmaster. Buying into the open almost always is a bad idea. What’s the logic here?

2. Chartsmaster says:

   February 3, 2021 - 10:54 am at 10:54 am

   Two things Boomer. First I said check back in before the open. Second I almost always give specific limit prices to try for. I often put those limit orders in Before the open and I end up getting my limit or even better when the stock opens gap down on a buy and or gap up on a sale.

3. Gold Learner says:

   February 3, 2021 - 1:00 pm at 1:00 pm

   Here’s this young learner’s take: no FOMO.
   Granted that if I miss a gap down on open limit order, in the long run my gains could be 6X instead of 8x, but hey, how many rocks can I realistically time my entry into?

   I’ll wait for your update, Mr. Soon-to-be-Septuagenarian.

   With all due respect, and best regards, and thanks as always.

   GL

4. Chartsmaster says:

   February 3, 2021 - 6:44 pm at 6:44 pm

   Don’t understand what you were saying. What is FOMO? My point is I have specific prices(or at least areas that I want to buy at. I almost never miss a stock because of my limit. I often get filled at or below my limit and the stock sometimes trades a bit lower,like yesterday when I said to try for 9.80 onPSLV and I got filled there and it traded lower but came back and closed today a few cents lower.Also I said I had a specific stock. It is not one of the Terrific Ten rocks.