Trading

**Finance Globe** · September 23rd, 2010, 12:10 PM

The uptrend looks in tact. Buying SSO at 38.82 and LEN at 14.91, thinking that tomorrow will be another strong up day.

**Finance Globe** · October 1st, 2010, 11:31 AM

Taking off LEN at 15.80 for close to 6% gains. Leaving SSO for now.

**Finance Globe** · October 14th, 2010, 01:03 PM

Buying SSO at 41.17 with a 40.80 stop and EXR at 16.14 with a 15.50 stop.

**Finance Globe** · October 14th, 2010, 02:20 PM

Good trade so far, SSO already hit 41.93 afterhours, and EXR rebounded to 16.28 at the close. Holding for now.

**Finance Globe** · October 15th, 2010, 09:53 AM

EXR off at 16.20 and SSO off at 41.63. Going in cash for the weekend.

**Wanderer** · October 15th, 2010, 11:18 AM

Originally Posted by Finance Globe

EXR off at 16.20 and SSO off at 41.63. Going in cash for the weekend.

Remember you can keep the cash in the mattress

(safe as a bank today) as it earns about the same amount! Checking 0.10% APR and Savings 0.20% APR... give me a break and then Wall Street will be paying record bonuses...! GREED! Burn the banks!

**Finance Globe** · October 15th, 2010, 11:04 PM

Exactly, cash is no longer king. Well said Wanderer. Unfortunately, investing in today's market is normally in and out, which turns to trading. That is unless you can catch a huge wave like the precious metal run that we are experiencing. Once you see a huge move like that, it's tough to chase it (buying with your eyes closed), because as soon as you do, bam. Here comes the selling and most people sell at a loss from fear.

However, you can always look for entry points, that is support areas for anything tradeable. Trendlines, moving averages or statistical support areas. When to sell? Trendlines, overbought conditions and resistance areas.