2 trades and a piker

stt - bought 10:35 @ 42.95/42.93...sold 10:35 42.81/42.86. i didn't see anywhere to place a stop so i just got out. this one did run for .40 cents, so i ate .07 and gave up .40. stupid. FE were place from pdl to orh.



next one was mdt. placed the fibs over the opening range. i like when there is a wide opening range to place the fibs on vs. using yesterdays high or low. shorted as it was breaking daily lows.



again, i took .09 (actually should have been .17 but i waited a second too long to hit the sell button and it ripped right up). the stock never came close to my stop which was set at 32.27. the previous bars high was .24, too close to .25 for me, so i set it a couple pennies above .25. again, never came close to my stop and i gave up a nice run. it hit the 150% extension at 31.24. i'm finding good opportunities but i am not able to hold onto them. today, we had a discussion about playing the breaking highs/lows. i should be waiting for a pullback, or getting in earlier on the early pullbacks (such as mdt) and i agree. but there is such an art to it all, and each situation is unique so i have to fine tune my abilities. i'm going to try to pay more attention to pullbacks in stocks that move 1 and head back to the 24-38% area.

i just can't believe i am hitting out for a dime. PIKER! lets see what the afternoon brings us.