Comments for L Chartist http://lichartin.com Lichartin's technical plays ~ Tue, 19 Feb 2013 02:37:43 +0000 hourly 1 http://wordpress.com/ Comment on $IACI Bottom Play by ThinkTrade http://lichartin.com/2013/01/22/iaci-bottom-play/comment-page-1/#comment-37 Tue, 19 Feb 2013 02:37:43 +0000 http://lichartin.com/?p=210#comment-37 I’m not sure why you bought calls and went long premium. You could have sold a put credit spread and made money while you waited – and even made money if you were marginally wrong – which you were. That stock had to jump about 8% in 1 month (about 100% annually) in order for you to even break even.

I was looking at the exact same trade as you were and I sold the credit spread.
I sold a 7-lot of the 35/30 Put spread @ .42 on 01/24/13
The options expired worthless and I made about 9% in 1 month, actually much less than what I aim to make.

You can see some of my old trades on my journal here – http://www.thinktrade.net/my-trading-journal.php . I haven’t updated it in a while.

]]> Comment on $VZ Bottom play by lichartin http://lichartin.com/2012/12/31/vz-bottom-play/comment-page-1/#comment-15 Thu, 03 Jan 2013 04:51:37 +0000 http://lichartin.com/?p=164#comment-15 My indicators:MA 8, 21, ,50,100,200, bollie band, volume profile, ichimoku, Macd, full stochastic. The most important indicator to play bottom play is full stochastic and volume.

Remember to keep Ur chart as simple as possible

]]> Comment on $VZ Bottom play by Trader 3 0 5 (@daytrader305) http://lichartin.com/2012/12/31/vz-bottom-play/comment-page-1/#comment-14 Thu, 03 Jan 2013 04:34:24 +0000 http://lichartin.com/?p=164#comment-14 Do you mind sharing what you are looking for with these trades, obviously, a trade able bottom ? What factors do you use to determine whether a bottom is in and that a reversal is on the way? Hammer candlestick? Money Flow Index ? A narrowing channel ? Thanks for your work and for sharing.

]]> Comment on Lichartin’s trades by lichartin http://lichartin.com/lichartins-trades/comment-page-1/#comment-13 Wed, 02 Jan 2013 22:05:10 +0000 http://lichartin.com/?page_id=117#comment-13 Most accurate that fit my style so far think or swim but u can use freestockcharts too, but the timing might be a little off

]]> Comment on Lichartin’s trades by Anonymous http://lichartin.com/lichartins-trades/comment-page-1/#comment-12 Wed, 02 Jan 2013 19:35:39 +0000 http://lichartin.com/?page_id=117#comment-12 I see you on Think of Swim, I think your trades look great. Is Think or Swim the only way to get your signals?

]]> Comment on $GPS bottom play by Tony http://lichartin.com/2012/12/27/gps-bottom-play/comment-page-1/#comment-11 Thu, 27 Dec 2012 20:31:27 +0000 http://lichartin.com/?p=146#comment-11 Tonymegga@aol.com
That would be great! Thanks!

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