Received 6 Karmas
Palmer
Palmer Aug 09, 16 7:55 AM

@devask168 yeah, these pre-market runners can be tempting to get into right at the open. I added the pre-market high area as a resistance area for everything I watch now. After reviewing some charts I simply said "hmmmmm" and added it.

Palmer
Palmer Aug 09, 16 7:58 AM

@ArtOfWar y'aint never gonna go broke takin' a profit! I've left thousands on the table but I've gotten over that because when I exit there is usally some kind of pullback per Level 2 or resitnace area and you never know how much/long the pullback can last. Per some of those morning spikes I do simply sell into strength becuase they can fall just as fast, then wait for a pullback to re-enter.

Palmer
Palmer Aug 09, 16 8:03 AM

@smillie327 unfortunatley only limit orders can be used pre market so it's either monitor the chart on-screen to limit out or enter the sell limit order and got to to sleep = dangerous becuase price must move up to your limit price. Annnnd there has to be decent volume to exit, this one did have the volume but some of those premark movers with 5K volume may not even get filled or very slow to fill

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