The double bottom is one of my favorite setups to daytrade on a nasty open. A great example can be found by reviewing LDK’s 5 min intraday chart.
Do you see the double bottom @ $8.50? This gives you a great place to buy with a clear exit point. You want to place your stop trigger right below the double bottom price, once set, you are now free to let the stock run while risking very little capital.
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good idea…..but place market stop order…..Stop limit some times kill us
nice play. RC i forget where i wrote that about the yahoo message board, but i wrote a response. I wasnt making fun of you but rather telling that fool to pump the stock for you…
you and CA mis understood
josh,
shut the fuck up. you are a retarded wannabe punk who more than likely has zero skin in the game. paychecks baby. my paychecks come from you, learn before you can earn. child
Great call on a solar company as always.
Wish I had more time to trade, this bitch has been on the Swinger’s Watch List for what seems like an eternity now!!