Need Help

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ribs
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Need Help

Postby ribs » Wed May 16, 2007 3:59 pm

Hi,
If anyone could be so kind to help me I would appreciate it.
I must be doing something wrong.
I'm using Tradestation and I have been following the TRO Buyzone.
What do you use to get in and out of trades so fast? ex. oso, oco, limits, stops. This is the second time I got caught in Apple. I bought and before I could do anything it filled, went up a few and way down.
Is the buyzone correct set at 5 mins interval?
If you buy Aapl at open how do you know if you should go long or short?

Thank you in advance if you could answer any of these questions. I got to turn my losing streak around!!
Robin

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eudamonia
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Postby eudamonia » Wed May 16, 2007 9:18 pm

ribs,

I know Avery handles it differently for AAPL, however, on the Russell (which is one super fast market) I use NinjaTrader to place StopLimit order entries. Once I'm in a trade NinjaTrader automatically enters in my predetermined profit target and stop levels (both StopLimit entries themselves). This has made a tremendous difference in how I trade the zones.

Edward
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scalperT
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Postby scalperT » Wed May 16, 2007 11:50 pm

Ribs,

Almost any question you have has been answered here already. Just do a search under "AAPL". All the rules and everything you need to know will be found easily.

You want to trade in the same direction as the 60 minute candle always. For the first opening fifteen minutes in AAPL, use the one minute candle charts, after that, you can switch to the 5 minute candle charts if you wish.

Use limit orders to get in at the start of the buy zone. I personally exit with market orders, but that is just me.

Hope that helps.

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