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How We Trade the Chat Room – Set Ups We Play

by InvestorsLive | Nov 4, 2011

[Nov 3, 2011 8:01:07 PM EDT] InvestorsLive alright who wants to be in charge of all the late peeps that say

[Nov 3, 2011 8:01:11 PM EDT] InvestorsLive “uhhhh what are we looking at”

[Nov 3, 2011 8:01:29 PM EDT] InvestorsLive http://www.authorstream.com/Presentation/InvestorsLive-1239433-seminar3rd/

[Nov 3, 2011 8:01:30 PM EDT] tradernyc not me lol

[Nov 3, 2011 8:01:32 PM EDT] InvestorsLive this work for everyone?

[Nov 3, 2011 8:01:40 PM EDT] TMcNasty do i get to yell @ them?

[Nov 3, 2011 8:01:52 PM EDT] tradernyc any strippers in the photos lol

[Nov 3, 2011 8:01:53 PM EDT] InvestorsLive when peeps say “what are you looking at?” u just have to give them that link

[Nov 3, 2011 8:02:15 PM EDT] InvestorsLive yes / no

[Nov 3, 2011 8:02:17 PM EDT] InvestorsLive working or not

[Nov 3, 2011 8:02:22 PM EDT] TMcNasty i’ll do it

[Nov 3, 2011 8:02:25 PM EDT] rude1 yes

[Nov 3, 2011 8:02:25 PM EDT] TMcNasty working

[Nov 3, 2011 8:02:25 PM EDT] ucfanatic1 working

[Nov 3, 2011 8:02:28 PM EDT] hacker2005xp yes

[Nov 3, 2011 8:02:30 PM EDT] DeeTee77 working

[Nov 3, 2011 8:02:35 PM EDT] tradernyc yes I see the blond

[Nov 3, 2011 8:02:45 PM EDT] InvestorsLive ok cool alright so no worries on the small charts and stuff I have each one with a link

[Nov 3, 2011 8:02:46 PM EDT] FadilCashflow working

[Nov 3, 2011 8:02:48 PM EDT] InvestorsLive so u can see them all

[Nov 3, 2011 8:02:55 PM EDT] InvestorsLive i took out some of the boring slides like how I started

[Nov 3, 2011 8:02:57 PM EDT] tradernyc yes sir

[Nov 3, 2011 8:02:58 PM EDT] InvestorsLive how I lost all my money

[Nov 3, 2011 8:03:02 PM EDT] InvestorsLive how I made it back … how I lost it all etc

[Nov 3, 2011 8:03:17 PM EDT] InvestorsLive and just focusing on some of the main set ups

[Nov 3, 2011 8:03:25 PM EDT] vivsec IL, where to access the slides?

[Nov 3, 2011 8:03:29 PM EDT] vivsec just came now

[Nov 3, 2011 8:03:31 PM EDT] koogar hahaha

[Nov 3, 2011 8:03:36 PM EDT] tradernyc how I lost my $ is not boring i wanna see that

[Nov 3, 2011 8:03:36 PM EDT] t_hoyle lol

[Nov 3, 2011 8:03:42 PM EDT] InvestorsLive and some of the general rules I live by and assume most of you guys live by as well when talking in the room

[Nov 3, 2011 8:03:45 PM EDT] tradernyc I can relate to losing $$

[Nov 3, 2011 8:03:55 PM EDT] InvestorsLive ok nyc – ur too chatty again

[Nov 3, 2011 8:03:56 PM EDT] InvestorsLive relax

[Nov 3, 2011 8:04:01 PM EDT] tradernyc k

[Nov 3, 2011 8:04:03 PM EDT] InvestorsLive guys whose on queue

[Nov 3, 2011 8:04:07 PM EDT] InvestorsLive for vivsec

[Nov 3, 2011 8:04:08 PM EDT] InvestorsLive http://www.authorstream.com/Presentation/InvestorsLive-1239433-seminar3rd/

[Nov 3, 2011 8:04:10 PM EDT] InvestorsLive and everyone else

[Nov 3, 2011 8:04:16 PM EDT] InvestorsLive so I don’t have to stop

[Nov 3, 2011 8:04:17 PM EDT] InvestorsLive every time

[Nov 3, 2011 8:04:32 PM EDT] InvestorsLive no one ok

[Nov 3, 2011 8:04:38 PM EDT] InvestorsLive thx

[Nov 3, 2011 8:04:44 PM EDT] InvestorsLive Slide 2 to start it out

[Nov 3, 2011 8:04:47 PM EDT] domino sound on the slide?

[Nov 3, 2011 8:04:59 PM EDT] InvestorsLive like I said this is what I went over in Vegas

[Nov 3, 2011 8:05:24 PM EDT] InvestorsLive and just what I live by, like many of you guys when you PM and ask what i think about the news on a particular penny pump

[Nov 3, 2011 8:05:34 PM EDT] InvestorsLive but FDA this and whatever that ….

[Nov 3, 2011 8:05:40 PM EDT] InvestorsLive at the end of the day its just a story to sell stock

[Nov 3, 2011 8:05:47 PM EDT] InvestorsLive so … we trade tickers not companies

[Nov 3, 2011 8:05:58 PM EDT] InvestorsLive I don’t care what they do – look at all the beleives in MILV who didn’t follow price action

[Nov 3, 2011 8:06:06 PM EDT] InvestorsLive the news they get after hours is nothing good

[Nov 3, 2011 8:06:24 PM EDT] InvestorsLive Slide 3

[Nov 3, 2011 8:06:28 PM EDT] InvestorsLive the Dos and Do NOTs

[Nov 3, 2011 8:06:43 PM EDT] InvestorsLive Do not average down unless its planned

[Nov 3, 2011 8:06:49 PM EDT] InvestorsLive most times I will average into a play

[Nov 3, 2011 8:06:57 PM EDT] InvestorsLive if I say in 1/4 1/3 1/2 you know my plan is to average in

[Nov 3, 2011 8:07:04 PM EDT] InvestorsLive or starter

[Nov 3, 2011 8:07:17 PM EDT] InvestorsLive I know I want to be a long or short biased … but know I need a bit of room to be right

[Nov 3, 2011 8:07:27 PM EDT] InvestorsLive so I’ll start in .. and average in as the play pans out

[Nov 3, 2011 8:07:38 PM EDT] InvestorsLive if its unplanned than … that’s averaging down

[Nov 3, 2011 8:07:57 PM EDT] InvestorsLive for example (I MAKE MISTAKES) and do it sometimes .. key is to do it as little as possible

[Nov 3, 2011 8:08:07 PM EDT] InvestorsLive did I PLAN to average down in CECO hell no

[Nov 3, 2011 8:08:15 PM EDT] InvestorsLive I bag held it .. forced myself into do it

[Nov 3, 2011 8:08:50 PM EDT] InvestorsLive but POT all my trades every time you see me go in, say i’m going in 1/3 here wide stop… and it rips against me .. its peanuts relative to what I’m risking on the trade … then avg in and nail the trade

[Nov 3, 2011 8:09:06 PM EDT] InvestorsLive (doesn’t normally rip against me – just using that as an example)

[Nov 3, 2011 8:09:19 PM EDT] InvestorsLive IF … the reason why I go in partially and difference between averaging in and averaging down

[Nov 3, 2011 8:09:29 PM EDT] InvestorsLive do NOT enter a trade with more than you can lose

[Nov 3, 2011 8:09:35 PM EDT] InvestorsLive scared money … be careful

[Nov 3, 2011 8:09:41 PM EDT] InvestorsLive I trade what I see …

[Nov 3, 2011 8:09:48 PM EDT] InvestorsLive if you’re worried about paying ur rent at the end of the week

[Nov 3, 2011 8:09:58 PM EDT] InvestorsLive you’re going to be emotional and not let the trade pan out

[Nov 3, 2011 8:10:14 PM EDT] InvestorsLive Never enter a trade you’re forced to hold

[Nov 3, 2011 8:10:18 PM EDT] InvestorsLive just today I got 2 PMs

[Nov 3, 2011 8:10:34 PM EDT] InvestorsLive “hey I used up all my PDTs thinking of buying some here,…. for over night because I have no trades left”

[Nov 3, 2011 8:10:36 PM EDT] InvestorsLive “what do u think”

[Nov 3, 2011 8:10:39 PM EDT] InvestorsLive never do that

[Nov 3, 2011 8:10:53 PM EDT] InvestorsLive if you want to/have to … do it on OTCs for over night gaps

[Nov 3, 2011 8:10:58 PM EDT] InvestorsLive last 10-15 minutes on a strong close

[Nov 3, 2011 8:11:08 PM EDT] InvestorsLive (see the gapper seminar on that)

[Nov 3, 2011 8:11:17 PM EDT] InvestorsLive and DO follow ur rules, ur plan and cut losses

[Nov 3, 2011 8:11:25 PM EDT] InvestorsLive now before I wrap up that slide

[Nov 3, 2011 8:11:36 PM EDT] InvestorsLive NORMALLY I’m 99% of the time a bad %%% at keeping my rules

[Nov 3, 2011 8:11:37 PM EDT] InvestorsLive my flaw

[Nov 3, 2011 8:11:50 PM EDT] InvestorsLive is when I have a bad %%% week … I tend to let a loser drift away from me

[Nov 3, 2011 8:12:01 PM EDT] InvestorsLive after 20-30k profits on a week – u saw what I did on SINA

[Nov 3, 2011 8:12:24 PM EDT] InvestorsLive after RAYS 50+ on week I let a small 1k loss grow 10x on CECO

[Nov 3, 2011 8:12:57 PM EDT] InvestorsLive but only after crazy weeks – sooner or later I won’t but hey … happens

[Nov 3, 2011 8:13:07 PM EDT] InvestorsLive any questions on these slides so far?

[Nov 3, 2011 8:13:16 PM EDT] hacker2005xp nope

[Nov 3, 2011 8:13:26 PM EDT] TMcNasty kinda

[Nov 3, 2011 8:13:43 PM EDT] TMcNasty nate do u let those bad trades slip away just b/c u get comfortable?

[Nov 3, 2011 8:13:50 PM EDT] cbrought21 CECO is in my “investment portfolio” I did not set a stop because I was sizing in. My bad.

[Nov 3, 2011 8:13:54 PM EDT] TMcNasty up so much elsewhere?

[Nov 3, 2011 8:14:22 PM EDT] InvestorsLive yea typically I’m slow/steady and keep flowing 1-2k a day …. max $500 ish losses

[Nov 3, 2011 8:14:31 PM EDT] InvestorsLive but when you see me stack … like RAYS for example

[Nov 3, 2011 8:14:36 PM EDT] InvestorsLive I get comfy sometimes and let a $5k turn into a 10k etc

[Nov 3, 2011 8:14:39 PM EDT] InvestorsLive stems from there

[Nov 3, 2011 8:14:46 PM EDT] InvestorsLive if u notice my big losses come after my hot weeks

[Nov 3, 2011 8:14:47 PM EDT] TMcNasty gotcha…makes sense

[Nov 3, 2011 8:15:00 PM EDT] InvestorsLive other than that I am in my trade mode … and very good at sticking by the rules

[Nov 3, 2011 8:15:18 PM EDT] InvestorsLive but yea ‘over confidence … ‘ sure

[Nov 3, 2011 8:15:22 PM EDT] InvestorsLive plays a factor

[Nov 3, 2011 8:15:37 PM EDT] InvestorsLive any furhter questions on those?

[Nov 3, 2011 8:15:47 PM EDT] InvestorsLive just going over the basic ground work b4 getting into the trades we do

[Nov 3, 2011 8:15:57 PM EDT] InvestorsLive alright

[Nov 3, 2011 8:15:58 PM EDT] InvestorsLive slide 4

[Nov 3, 2011 8:16:03 PM EDT] InvestorsLive DONT MIX STRATS

[Nov 3, 2011 8:16:12 PM EDT] InvestorsLive I realize not everyone can afford multiple accts

[Nov 3, 2011 8:16:21 PM EDT] InvestorsLive so maybe not for all

[Nov 3, 2011 8:16:35 PM EDT] InvestorsLive but WHEN you can IF you want to swing/trade I find this is best

[Nov 3, 2011 8:16:57 PM EDT] InvestorsLive there’s nothing worse than having a great trading day and seeing the gains in your account only to have a swing play take them away

[Nov 3, 2011 8:17:14 PM EDT] InvestorsLive that’s why I seperated them back in the day and my trading acct is cash each night

[Nov 3, 2011 8:17:23 PM EDT] InvestorsLive next day I come, new day, new slate

[Nov 3, 2011 8:17:37 PM EDT] InvestorsLive clear head start fresh

[Nov 3, 2011 8:17:53 PM EDT] InvestorsLive rest of the time – if I have a swing … or back acct play like RAYS and things like that

[Nov 3, 2011 8:18:03 PM EDT] InvestorsLive I don’t have to watch it every minute and see it .. and let it step in the way of normal trading

[Nov 3, 2011 8:18:06 PM EDT] InvestorsLive secondly

[Nov 3, 2011 8:18:11 PM EDT] InvestorsLive if it’s a trade its a trade

[Nov 3, 2011 8:18:17 PM EDT] InvestorsLive don’t turn it into an investment

[Nov 3, 2011 8:18:51 PM EDT] InvestorsLive many times in the past when I was a bag holder on the daily

[Nov 3, 2011 8:19:01 PM EDT] InvestorsLive I’d find myself in a stock and then go to the PRs

[Nov 3, 2011 8:19:07 PM EDT] InvestorsLive and say … well .. hmm ..

[Nov 3, 2011 8:19:15 PM EDT] InvestorsLive this PR sounds good .. and Id rationalize as to why it may go up

[Nov 3, 2011 8:19:17 PM EDT] InvestorsLive and I’d be go

[Nov 3, 2011 8:19:26 PM EDT] InvestorsLive in for the wrong reasons …. I’m at trader

[Nov 3, 2011 8:19:35 PM EDT] InvestorsLive Any questions on that slide?

[Nov 3, 2011 8:19:50 PM EDT] InvestorsLive going once

[Nov 3, 2011 8:19:52 PM EDT] InvestorsLive twice

[Nov 3, 2011 8:19:57 PM EDT] InvestorsLive alright Slide 5

[Nov 3, 2011 8:20:04 PM EDT] InvestorsLive So – here’s what we trade

[Nov 3, 2011 8:20:20 PM EDT] InvestorsLive Former runners … Parabolic breakouts / Late day fades … Gearing/Perking action and good ol’ pumps

[Nov 3, 2011 8:20:51 PM EDT] InvestorsLive Slide 6

[Nov 3, 2011 8:21:08 PM EDT] InvestorsLive the edge in this room is

[Nov 3, 2011 8:21:16 PM EDT] InvestorsLive you’ve got so many eyes that KNOW what stocks move

[Nov 3, 2011 8:21:24 PM EDT] InvestorsLive you see so many early calls on stocks we’ve seen over and over again

[Nov 3, 2011 8:21:31 PM EDT] newdif where can i get the slide

[Nov 3, 2011 8:21:32 PM EDT] newdif ?

[Nov 3, 2011 8:21:36 PM EDT] FadilCashflow http://www.authorstream.com/Presentation/InvestorsLive-1239433-seminar3rd/

[Nov 3, 2011 8:21:43 PM EDT] InvestorsLive thx

[Nov 3, 2011 8:21:49 PM EDT] FadilCashflow np

[Nov 3, 2011 8:21:51 PM EDT] InvestorsLive everyone always ask – how do u learn former runners

[Nov 3, 2011 8:21:56 PM EDT] InvestorsLive how can u remember etc

[Nov 3, 2011 8:22:18 PM EDT] InvestorsLive its about doing scans each night, chart each one of Muddy‘s, Laura‘s, mine etc

[Nov 3, 2011 8:22:23 PM EDT] InvestorsLive just put the ticket in view the chart

[Nov 3, 2011 8:22:31 PM EDT] InvestorsLive get a feel for it see where it peaks, bottomed

[Nov 3, 2011 8:22:35 PM EDT] InvestorsLive how it’s ripped/dropped in past

[Nov 3, 2011 8:22:40 PM EDT] InvestorsLive and it’s in ur memory

[Nov 3, 2011 8:22:44 PM EDT] InvestorsLive next.. same thing

[Nov 3, 2011 8:22:50 PM EDT] InvestorsLive maybe it moves this time maybe it doesnt but you’ll remember it

[Nov 3, 2011 8:23:14 PM EDT] InvestorsLive many times I don’t play the first move I’ll let them pull back and watch for the 2nd wind – which is gearing/perking and I’ll go over that

[Nov 3, 2011 8:23:19 PM EDT] InvestorsLive any questions on that so far?

[Nov 3, 2011 8:23:22 PM EDT] ajtrader Like most in here IL I can size up pretty big in my accounts, but on RAYS for instance you mentioned “LEXG Guys” on that stock, and normally you tell us your size but on that you were quiet and you killed it. Without seeming greedy, I only bought 5k shares and made a little, but if I would have known you were going big on that one? I would have followed and bought 50-75k shares @1.20 when we were alerted in this great room. How can I get more of a clue that you like this particular stock for big risk/reward without making you feel uncomfortable. I don’t mind a loss if you like something and it doesn’t work out? If this is a stupid question? Forgive me

[Nov 3, 2011 8:24:00 PM EDT] Laura oh boy, write a book, lol

[Nov 3, 2011 8:24:10 PM EDT] ajtrader sorry

[Nov 3, 2011 8:24:31 PM EDT] InvestorsLive I’m never going to give my size on pumps – if you’re going to trust that kinda size on the stock itself

[Nov 3, 2011 8:24:37 PM EDT] InvestorsLive you should be able to make that decision on your own

[Nov 3, 2011 8:24:43 PM EDT] InvestorsLive and that’s when you can and should

[Nov 3, 2011 8:24:50 PM EDT] InvestorsLive I would never put my size for that purpose

[Nov 3, 2011 8:24:53 PM EDT] InvestorsLive what if it did an AVVC?

[Nov 3, 2011 8:25:04 PM EDT] InvestorsLive that’s exactly what I DON’T want

[Nov 3, 2011 8:25:05 PM EDT] TMcNasty oy

[Nov 3, 2011 8:25:18 PM EDT] InvestorsLive is people buying big because IL is buying big

[Nov 3, 2011 8:25:31 PM EDT] InvestorsLive that’s exactly what I don’t preach here

[Nov 3, 2011 8:25:42 PM EDT] InvestorsLive so it’s just about u following the newsletters and becoming familiar with it on your own

[Nov 3, 2011 8:25:50 PM EDT] InvestorsLive and when you’re confident to commit that kinda $$ to it

[Nov 3, 2011 8:25:55 PM EDT] InvestorsLive then that’s when you’re ready to do it on your own

[Nov 3, 2011 8:26:11 PM EDT] InvestorsLive any other questions on the slides thus far?

[Nov 3, 2011 8:26:38 PM EDT] FadilCashflow all good next slide

[Nov 3, 2011 8:27:21 PM EDT] InvestorsLive http://www.investorsunderground.com/img/SLVVKCARJK.png

[Nov 3, 2011 8:27:22 PM EDT] InvestorsLive Slide 7

[Nov 3, 2011 8:27:45 PM EDT] InvestorsLive ABIO

[Nov 3, 2011 8:27:49 PM EDT] teutomn sry im a new member, was wondering how do i access the seminar?

[Nov 3, 2011 8:27:54 PM EDT] InvestorsLive http://www.investorsunderground.com/img/AJXICFYLHQ.png

[Nov 3, 2011 8:27:55 PM EDT] FadilCashflow http://www.authorstream.com/Presentation/InvestorsLive-1239433-seminar3rd/

[Nov 3, 2011 8:28:04 PM EDT] teutomn ty

[Nov 3, 2011 8:28:09 PM EDT] cbrought21 Good question/answer.

[Nov 3, 2011 8:28:19 PM EDT] InvestorsLive http://www.investorsunderground.com/img/LBBYBKEYZI.png

[Nov 3, 2011 8:28:33 PM EDT] InvestorsLive http://www.investorsunderground.com/img/YPXGIBBGMO.png

[Nov 3, 2011 8:28:36 PM EDT] InvestorsLive so theres 4 charts

[Nov 3, 2011 8:28:57 PM EDT] InvestorsLive ABIO CDTI BDCO HAUP

[Nov 3, 2011 8:29:03 PM EDT] InvestorsLive key here is look at the charts

[Nov 3, 2011 8:29:20 PM EDT] InvestorsLive you can see the former runners in them

[Nov 3, 2011 8:29:30 PM EDT] InvestorsLive if they hit our scans one look at the charts you can see their history

[Nov 3, 2011 8:29:35 PM EDT] InvestorsLive you can see they spike

[Nov 3, 2011 8:29:38 PM EDT] InvestorsLive have a history of multi day moves

[Nov 3, 2011 8:29:48 PM EDT] InvestorsLive one thing you’ll notice to is

[Nov 3, 2011 8:29:54 PM EDT] InvestorsLive many of our former runners do reverse splits

[Nov 3, 2011 8:30:07 PM EDT] InvestorsLive come back months later, debt convert trade ab unch of shares and go again

[Nov 3, 2011 8:30:11 PM EDT] InvestorsLive PEIX for example right now

[Nov 3, 2011 8:30:18 PM EDT] InvestorsLive has been on scan since .30s … said former runner

[Nov 3, 2011 8:30:21 PM EDT] InvestorsLive post reverse split

[Nov 3, 2011 8:30:23 PM EDT] InvestorsLive history of running

[Nov 3, 2011 8:30:26 PM EDT] InvestorsLive sure enough man oh man ….

[Nov 3, 2011 8:30:41 PM EDT] InvestorsLive point here is – u guys see the range, see what we mean by a former runner?

[Nov 3, 2011 8:30:50 PM EDT] InvestorsLive means we know it has ran in the past

[Nov 3, 2011 8:30:54 PM EDT] InvestorsLive we know trades love it

[Nov 3, 2011 8:31:16 PM EDT] InvestorsLive the cool part about the former runners and this chat is we pick up on the moves so quickly is

[Nov 3, 2011 8:31:23 PM EDT] InvestorsLive u can have 9 misfires and nail one

[Nov 3, 2011 8:31:25 PM EDT] InvestorsLive and knock out all the rest

[Nov 3, 2011 8:31:49 PM EDT] InvestorsLive b/c the risk vs. reward on them is either they go or don’t go … and don’t venture too far if they don’t

[Nov 3, 2011 8:31:58 PM EDT] InvestorsLive so slight loss move on …. but when they do go … DEXO today … etc

[Nov 3, 2011 8:32:01 PM EDT] InvestorsLive PEIX …

[Nov 3, 2011 8:32:06 PM EDT] InvestorsLive OXGN …

[Nov 3, 2011 8:32:07 PM EDT] InvestorsLive etc

[Nov 3, 2011 8:32:18 PM EDT] InvestorsLive any questions up to slide 10?

[Nov 3, 2011 8:33:05 PM EDT] InvestorsLive going once……

[Nov 3, 2011 8:33:16 PM EDT] ucfanatic1 where can you find the runner’s list?

[Nov 3, 2011 8:33:24 PM EDT] InvestorsLive what runners list? Like HOD list?

[Nov 3, 2011 8:33:46 PM EDT] InvestorsLive normal broker has that … SpeedTrader… ScottTrade has market movers.. Etrade has HOD list

[Nov 3, 2011 8:34:00 PM EDT] InvestorsLive but if ur asking ‘former runner list’ scroll up – like I said it’s built over time

[Nov 3, 2011 8:34:05 PM EDT] InvestorsLive you learn them by doing scans…

[Nov 3, 2011 8:34:16 PM EDT] InvestorsLive gets in ur head and as you’ll see over time in the room you’ll see us come back to the plays

[Nov 3, 2011 8:34:20 PM EDT] InvestorsLive just like SIFY REDF

[Nov 3, 2011 8:34:30 PM EDT] InvestorsLive how quick to pick them up

[Nov 3, 2011 8:34:36 PM EDT] rude1 did you get DEXO today?

[Nov 3, 2011 8:34:55 PM EDT] InvestorsLive just alerted to it – since former

[Nov 3, 2011 8:34:59 PM EDT] InvestorsLive alright slide 11

[Nov 3, 2011 8:35:03 PM EDT] InvestorsLive Parabolic Breakouts

[Nov 3, 2011 8:35:35 PM EDT] InvestorsLive normally I have a short biased on these

[Nov 3, 2011 8:35:45 PM EDT] InvestorsLive stocks that have over extended charts

[Nov 3, 2011 8:35:52 PM EDT] InvestorsLive usually follows a strong close

[Nov 3, 2011 8:35:55 PM EDT] InvestorsLive gaps up next day

[Nov 3, 2011 8:36:00 PM EDT] InvestorsLive and morning power

[Nov 3, 2011 8:36:17 PM EDT] InvestorsLive needs to accelerate RELATIVE to prior price action

[Nov 3, 2011 8:36:25 PM EDT] InvestorsLive so many times I’ll get a PM for example

[Nov 3, 2011 8:36:33 PM EDT] InvestorsLive “nate what if it pops to x price? is it a short”

[Nov 3, 2011 8:37:11 PM EDT] InvestorsLive there is no answer its about how it moves

[Nov 3, 2011 8:37:18 PM EDT] InvestorsLive if its moving .05 – .10 at a time …

[Nov 3, 2011 8:37:26 PM EDT] InvestorsLive and starts to pick up speed .20 -.30 …. and then pops .50

[Nov 3, 2011 8:37:31 PM EDT] InvestorsLive THAT’s what I’m interested in

[Nov 3, 2011 8:37:36 PM EDT] InvestorsLive when it has an OVER EXTENDED chart

[Nov 3, 2011 8:37:43 PM EDT] InvestorsLive just because its up doesn’t make it a short

[Nov 3, 2011 8:37:52 PM EDT] InvestorsLive which a lot of people have confusion with

[Nov 3, 2011 8:37:55 PM EDT] InvestorsLive this AM perfect example MDVN

[Nov 3, 2011 8:38:21 PM EDT] InvestorsLive said around 37.50 I figured it’d pop to 42 then settle back under 35

[Nov 3, 2011 8:38:42 PM EDT] InvestorsLive so shorted 100 then got 50 and 50 above 40 into that parabolic spike

[Nov 3, 2011 8:38:51 PM EDT] InvestorsLive cuz it wasf up up going up .50 … 1.00 then spiked like 3 bucks

[Nov 3, 2011 8:39:03 PM EDT] InvestorsLive so I was playing tiny shares but r/r on a big pop RELATIVE to the prior move

[Nov 3, 2011 8:39:20 PM EDT] InvestorsLive now that I looka t it .. wow we had good covers 34.51 ha

[Nov 3, 2011 8:39:41 PM EDT] InvestorsLive but http://www.investorsunderground.com/img/GHTUHJHTIE.png

[Nov 3, 2011 8:39:56 PM EDT] InvestorsLive chart example many of u prob remmeber that one

[Nov 3, 2011 8:40:20 PM EDT] InvestorsLive but each day any big gap up short biased – cracks .. if it holds cover.. dont merry

[Nov 3, 2011 8:40:24 PM EDT] InvestorsLive marry*

[Nov 3, 2011 8:40:33 PM EDT] InvestorsLive can always try again next day

[Nov 3, 2011 8:40:44 PM EDT] InvestorsLive http://www.investorsunderground.com/img/CBGCRCTKFC.png

[Nov 3, 2011 8:40:45 PM EDT] InvestorsLive HOOK

[Nov 3, 2011 8:41:08 PM EDT] InvestorsLive slow and steady then the trend accelerates – may of the days HOOK opened flat or weak open and then went green

[Nov 3, 2011 8:41:33 PM EDT] InvestorsLive that last day oepned red failed at red/green

[Nov 3, 2011 8:41:43 PM EDT] InvestorsLive fade off it took it near highs … short biased b/c of the chart

[Nov 3, 2011 8:41:54 PM EDT] InvestorsLive the part underlined u can see slow and steady price trend heading up

[Nov 3, 2011 8:41:56 PM EDT] InvestorsLive then the accelerated move

[Nov 3, 2011 8:42:13 PM EDT] InvestorsLive https://www.investorsunderground.com/img/NOZIUDBWVO.png VHC

[Nov 3, 2011 8:42:41 PM EDT] InvestorsLive knowing that VHC daily chart looks like that

[Nov 3, 2011 8:42:45 PM EDT] InvestorsLive then we had this move intraday

[Nov 3, 2011 8:42:46 PM EDT] InvestorsLive http://www.investorsunderground.com/img/JTKEWVKCWO.png

[Nov 3, 2011 8:43:25 PM EDT] InvestorsLive point here is – many of the ‘big’ charts you’ll form that biased so when it breaks out and squeezes away from its trend

[Nov 3, 2011 8:43:35 PM EDT] InvestorsLive more often than not pulls back consolidates before heading higher

[Nov 3, 2011 8:43:40 PM EDT] InvestorsLive thats the move I like to take advantage of

[Nov 3, 2011 8:44:28 PM EDT] InvestorsLive Slide 16 is a good example and I forgot to include the big chart but

[Nov 3, 2011 8:44:32 PM EDT] InvestorsLive all u gotta do is pull up JVA 1 year chart

[Nov 3, 2011 8:44:36 PM EDT] InvestorsLive and see the road up … was wild

[Nov 3, 2011 8:44:39 PM EDT] InvestorsLive way over extended

[Nov 3, 2011 8:44:51 PM EDT] InvestorsLive so it gapped down and was red on the day and formed a TOP

[Nov 3, 2011 8:44:55 PM EDT] InvestorsLive the white line was the TOP

[Nov 3, 2011 8:45:04 PM EDT] InvestorsLive I was shorting into teh top of the channel

[Nov 3, 2011 8:45:15 PM EDT] InvestorsLive was WAY over extended but not breaking down

[Nov 3, 2011 8:45:26 PM EDT] InvestorsLive this is the same situation I ran into with my SINA loss

[Nov 3, 2011 8:45:33 PM EDT] InvestorsLive this is where most of my losers come from

[Nov 3, 2011 8:45:45 PM EDT] InvestorsLive well my bigger losers

[Nov 3, 2011 8:45:54 PM EDT] InvestorsLive once a month or whatever when I have a dumb loss

[Nov 3, 2011 8:46:08 PM EDT] InvestorsLive this chart never really broke down

[Nov 3, 2011 8:46:15 PM EDT] InvestorsLive but kept testing the top of the channel (white line)

[Nov 3, 2011 8:46:21 PM EDT] InvestorsLive I shoulda been out and just waited for it to break down

[Nov 3, 2011 8:46:28 PM EDT] InvestorsLive instead – it busted thru the top and ripped

[Nov 3, 2011 8:46:58 PM EDT] InvestorsLive One last over extended one

[Nov 3, 2011 8:47:08 PM EDT] InvestorsLive BORN http://www.investorsunderground.com/img/SQMUQBSMKM.png

[Nov 3, 2011 8:47:19 PM EDT] InvestorsLive the play and call

[Nov 3, 2011 8:47:19 PM EDT] InvestorsLive http://www.investorsunderground.com/img/ROEMQBSAUX.png

[Nov 3, 2011 8:47:47 PM EDT] InvestorsLive ok so you see the same over extended chart again

[Nov 3, 2011 8:47:49 PM EDT] InvestorsLive morning gap

[Nov 3, 2011 8:47:50 PM EDT] InvestorsLive went red

[Nov 3, 2011 8:48:06 PM EDT] InvestorsLive slide 18 green line is prior close

[Nov 3, 2011 8:48:10 PM EDT] InvestorsLive went up to test red/green failed

[Nov 3, 2011 8:48:17 PM EDT] InvestorsLive and I shorted the fade on the fail to break back green

[Nov 3, 2011 8:48:22 PM EDT] InvestorsLive why? over extended chart

[Nov 3, 2011 8:48:26 PM EDT] InvestorsLive profit taking coming in

[Nov 3, 2011 8:48:33 PM EDT] InvestorsLive then then last point here is

[Nov 3, 2011 8:48:37 PM EDT] InvestorsLive don’t marry the trade … take the profits

[Nov 3, 2011 8:48:40 PM EDT] InvestorsLive straight down washout…

[Nov 3, 2011 8:48:42 PM EDT] InvestorsLive lock ’em in

[Nov 3, 2011 8:49:00 PM EDT] InvestorsLive Questions prior to Late day fades? (slide 19)

[Nov 3, 2011 8:49:44 PM EDT] InvestorsLive …….

[Nov 3, 2011 8:49:45 PM EDT] InvestorsLive none

[Nov 3, 2011 8:49:46 PM EDT] InvestorsLive ?

[Nov 3, 2011 8:50:06 PM EDT] rude1 what made you think MDVN was gonna pop after 37.50

[Nov 3, 2011 8:50:25 PM EDT] dnvalid1 slide 18 breakdown doesn’t look to be late day, right?

[Nov 3, 2011 8:50:37 PM EDT] InvestorsLive slide 19 starts late day fades

[Nov 3, 2011 8:50:45 PM EDT] InvestorsLive slide 18 is b4 slide 19 😉

[Nov 3, 2011 8:50:52 PM EDT] InvestorsLive MDVN – just way it was trading

[Nov 3, 2011 8:51:00 PM EDT] InvestorsLive seen it b4 on like IDCC or others

[Nov 3, 2011 8:51:04 PM EDT] rude1 i would have shorted too soon on MDVN before the final pop

[Nov 3, 2011 8:51:05 PM EDT] InvestorsLive that trade like that thin – then move up on air

[Nov 3, 2011 8:51:24 PM EDT] InvestorsLive thats why I only did 100 shares rude just to get in there just in case it pulled to 35 … but just in case it went to 45

[Nov 3, 2011 8:51:25 PM EDT] InvestorsLive ha

[Nov 3, 2011 8:51:33 PM EDT] InvestorsLive any other questions guys – going once … twice…

[Nov 3, 2011 8:51:52 PM EDT] InvestorsLive Alright

[Nov 3, 2011 8:51:57 PM EDT] InvestorsLive Slide 19 Late day fades

[Nov 3, 2011 8:52:07 PM EDT] InvestorsLive same charts as what we just went over

[Nov 3, 2011 8:52:10 PM EDT] InvestorsLive the big ones

[Nov 3, 2011 8:52:11 PM EDT] InvestorsLive big moves

[Nov 3, 2011 8:52:18 PM EDT] InvestorsLive been rollin’ for a few days/weeks

[Nov 3, 2011 8:52:41 PM EDT] InvestorsLive ‘barely’ hanging onto support

[Nov 3, 2011 8:52:48 PM EDT] InvestorsLive i say barely b/c they look like they should pull back at any time

[Nov 3, 2011 8:52:51 PM EDT] vivsec Nate, speaking about overextended, how about SPRD and LNG

[Nov 3, 2011 8:52:52 PM EDT] InvestorsLive but keep on hanging in there

[Nov 3, 2011 8:53:11 PM EDT] vivsec they look like they should be shorted but keep going up

[Nov 3, 2011 8:53:22 PM EDT] vivsec esp SPRD without any pullback

[Nov 3, 2011 8:53:24 PM EDT] InvestorsLive LNG nah up on earnings prob for a reason

[Nov 3, 2011 8:53:30 PM EDT] InvestorsLive SPRD tho – possibly

[Nov 3, 2011 8:53:47 PM EDT] InvestorsLive so I look for sideways price action

[Nov 3, 2011 8:53:48 PM EDT] InvestorsLive ———–

[Nov 3, 2011 8:53:54 PM EDT] InvestorsLive start flat lining no more trend up

[Nov 3, 2011 8:54:16 PM EDT] InvestorsLive or .. lower highs … and starts fading pops back .. lower high …. hits bottom again

[Nov 3, 2011 8:54:22 PM EDT] InvestorsLive again… back to bottom again

[Nov 3, 2011 8:54:33 PM EDT] InvestorsLive then I watch vol/L2 etc for crack

[Nov 3, 2011 8:54:42 PM EDT] vivsec ok thnx.

[Nov 3, 2011 8:54:45 PM EDT] InvestorsLive http://www.investorsunderground.com/img/DHKNRPAWPS.png

[Nov 3, 2011 8:54:57 PM EDT] InvestorsLive http://www.investorsunderground.com/img/SGAJPLBFTX.png

[Nov 3, 2011 8:55:00 PM EDT] InvestorsLive RPTP was one we nailed in chat

[Nov 3, 2011 8:55:40 PM EDT] InvestorsLive so you can see obv its been rollin’

[Nov 3, 2011 8:55:43 PM EDT] InvestorsLive over extended

[Nov 3, 2011 8:55:48 PM EDT] InvestorsLive the move started to slow down and head sideways

[Nov 3, 2011 8:55:55 PM EDT] InvestorsLive kept basing just above $6

[Nov 3, 2011 8:55:59 PM EDT] InvestorsLive 6.20-25 range

[Nov 3, 2011 8:56:08 PM EDT] InvestorsLive then kept heading back up off it

[Nov 3, 2011 8:56:15 PM EDT] InvestorsLive u can see the candles kept forming lower highs

[Nov 3, 2011 8:56:36 PM EDT] InvestorsLive so then finally flat line like 2:30PM

[Nov 3, 2011 8:56:50 PM EDT] InvestorsLive or so if I remember right some vol started coming into downside

[Nov 3, 2011 8:56:56 PM EDT] InvestorsLive I anticipated at 6.25 s/s

[Nov 3, 2011 8:57:02 PM EDT] InvestorsLive added 6.20 and bam it cracked

[Nov 3, 2011 8:57:05 PM EDT] InvestorsLive $6 was the washout

[Nov 3, 2011 8:57:12 PM EDT] InvestorsLive but r/r with lower highs u can anticipate that trade

[Nov 3, 2011 8:57:39 PM EDT] InvestorsLive one more recent

[Nov 3, 2011 8:57:40 PM EDT] InvestorsLive http://www.investorsunderground.com/img/JEXQYNTQQF.png

[Nov 3, 2011 8:57:41 PM EDT] InvestorsLive POT

[Nov 3, 2011 8:58:00 PM EDT] InvestorsLive bounce off lows

[Nov 3, 2011 8:58:03 PM EDT] InvestorsLive straight up didnt stop

[Nov 3, 2011 8:58:12 PM EDT] InvestorsLive so my bias forms

[Nov 3, 2011 8:58:19 PM EDT] InvestorsLive bias to the short side

[Nov 3, 2011 8:58:26 PM EDT] InvestorsLive so any time this thing is flat line sideways ….

[Nov 3, 2011 8:58:33 PM EDT] InvestorsLive and fades off that support (w/ SPY fade)

[Nov 3, 2011 8:58:41 PM EDT] InvestorsLive u know I’m short biased for crack

[Nov 3, 2011 8:58:53 PM EDT] InvestorsLive you saw what happened this past week with it ….. straight up … nothing goes straight up pulls back

[Nov 3, 2011 8:58:59 PM EDT] InvestorsLive consolidates and now heading back up

[Nov 3, 2011 8:59:51 PM EDT] InvestorsLive ah shoot I didn’t save slide 23 chart right

[Nov 3, 2011 8:59:59 PM EDT] InvestorsLive for a bigger view

[Nov 3, 2011 9:00:03 PM EDT] InvestorsLive but u can see it any way

[Nov 3, 2011 9:00:12 PM EDT] InvestorsLive so u can see that flat line at the bottom

[Nov 3, 2011 9:00:17 PM EDT] InvestorsLive the base it keeps coming back to

[Nov 3, 2011 9:00:25 PM EDT] InvestorsLive but lower highs

[Nov 3, 2011 9:00:41 PM EDT] InvestorsLive so late day if it looks to crack that base which was $18

[Nov 3, 2011 9:00:46 PM EDT] InvestorsLive that’s the trade I’ll anticipate

[Nov 3, 2011 9:01:17 PM EDT] InvestorsLive Slide 24

[Nov 3, 2011 9:01:27 PM EDT] InvestorsLive this is opposite look

[Nov 3, 2011 9:01:31 PM EDT] InvestorsLive so any questions prior?

[Nov 3, 2011 9:01:40 PM EDT] InvestorsLive related to late day fades

[Nov 3, 2011 9:01:44 PM EDT] InvestorsLive how I form my bias

[Nov 3, 2011 9:01:48 PM EDT] InvestorsLive charts that make sense

[Nov 3, 2011 9:01:49 PM EDT] InvestorsLive etc

[Nov 3, 2011 9:02:08 PM EDT] dnvalid1 usually bias shorts right?

[Nov 3, 2011 9:02:31 PM EDT] InvestorsLive this particular set up? is for late day fades right

[Nov 3, 2011 9:02:36 PM EDT] InvestorsLive havent gone over long set ups yet

[Nov 3, 2011 9:02:48 PM EDT] dnvalid1 ok

[Nov 3, 2011 9:02:52 PM EDT] InvestorsLive a recent example PEIX

[Nov 3, 2011 9:02:55 PM EDT] InvestorsLive take this for example

[Nov 3, 2011 9:03:01 PM EDT] InvestorsLive obviously up huge

[Nov 3, 2011 9:03:12 PM EDT] InvestorsLive say tomrorow its up … .75 .. hits .80

[Nov 3, 2011 9:03:17 PM EDT] InvestorsLive consolidates all day at .75

[Nov 3, 2011 9:03:19 PM EDT] InvestorsLive sideways

[Nov 3, 2011 9:03:22 PM EDT] InvestorsLive then 2-3pm

[Nov 3, 2011 9:03:26 PM EDT] InvestorsLive .745…

[Nov 3, 2011 9:03:28 PM EDT] InvestorsLive .74…

[Nov 3, 2011 9:03:32 PM EDT] InvestorsLive that’s a short I want

[Nov 3, 2011 9:03:46 PM EDT] dnvalid1 suggested stops?

[Nov 3, 2011 9:03:56 PM EDT] InvestorsLive r/r … stop if 75 breaks again?

[Nov 3, 2011 9:04:01 PM EDT] InvestorsLive but point is

[Nov 3, 2011 9:04:06 PM EDT] InvestorsLive u are all familiar with PEIX right now

[Nov 3, 2011 9:04:16 PM EDT] InvestorsLive so over extended if its flat line —————-

[Nov 3, 2011 9:04:21 PM EDT] InvestorsLive into close tomorrow and starts to fade

[Nov 3, 2011 9:04:28 PM EDT] InvestorsLive hell ya, first reason for people to take profits

[Nov 3, 2011 9:04:32 PM EDT] InvestorsLive first time it heads down etc

[Nov 3, 2011 9:04:41 PM EDT] InvestorsLive same thing if DEXO close near highs and consoliates most of day tomorrow

[Nov 3, 2011 9:04:46 PM EDT] InvestorsLive either breaks up for breakout or breaks down

[Nov 3, 2011 9:05:12 PM EDT] InvestorsLive any further questions related?

[Nov 3, 2011 9:05:39 PM EDT] InvestorsLive Slide 24

[Nov 3, 2011 9:05:45 PM EDT] InvestorsLive http://www.investorsunderground.com/img/HQTTIZFWLN.png

[Nov 3, 2011 9:05:52 PM EDT] InvestorsLive opposite look to parabolic breakout

[Nov 3, 2011 9:06:00 PM EDT] InvestorsLive the quick washout

[Nov 3, 2011 9:06:18 PM EDT] InvestorsLive I had mentioned before relative to prior price action

[Nov 3, 2011 9:06:45 PM EDT] InvestorsLive so you can se the move the prior day hit 12

[Nov 3, 2011 9:06:49 PM EDT] InvestorsLive pulled back 10.55

[Nov 3, 2011 9:06:58 PM EDT] InvestorsLive then next day no news just sell off

[Nov 3, 2011 9:07:07 PM EDT] InvestorsLive straight to $9.25 on hardly any vol

[Nov 3, 2011 9:07:20 PM EDT] InvestorsLive buck + drop after yesterdays $2 pull back

[Nov 3, 2011 9:07:56 PM EDT] InvestorsLive just an opposite look for what I mean by parabolic breakouts … same thing washouts nad stocks I like to trade

[Nov 3, 2011 9:08:02 PM EDT] InvestorsLive not a beginning thing takes time, gotta be quick

[Nov 3, 2011 9:09:09 PM EDT] InvestorsLive next is the long set ups

[Nov 3, 2011 9:09:10 PM EDT] InvestorsLive I like

[Nov 3, 2011 9:09:17 PM EDT] InvestorsLive Gearing/Perking

[Nov 3, 2011 9:09:41 PM EDT] InvestorsLive many always ask is it a chase?

[Nov 3, 2011 9:09:43 PM EDT] InvestorsLive random pops and stuff

[Nov 3, 2011 9:09:48 PM EDT] InvestorsLive LET IT SET UP

[Nov 3, 2011 9:09:49 PM EDT] InvestorsLive patience!

[Nov 3, 2011 9:10:13 PM EDT] InvestorsLive if you missed the AM move let it set up to a chart your familiar with and a known risk

[Nov 3, 2011 9:10:19 PM EDT] InvestorsLive knowing ur risk is half the battle in trading

[Nov 3, 2011 9:10:38 PM EDT] InvestorsLive slide 26

[Nov 3, 2011 9:11:00 PM EDT] InvestorsLive http://www.investorsunderground.com/img/RFXGDLALCI.png

[Nov 3, 2011 9:11:21 PM EDT] TMcNasty geez is that a photocopy of DEXO today nate?

[Nov 3, 2011 9:11:41 PM EDT] InvestorsLive bad joke try again

[Nov 3, 2011 9:11:46 PM EDT] InvestorsLive A = HOD

[Nov 3, 2011 9:11:48 PM EDT] InvestorsLive D = pull back

[Nov 3, 2011 9:11:53 PM EDT] InvestorsLive wherever it bottoms

[Nov 3, 2011 9:12:05 PM EDT] InvestorsLive usually I dont try to guess D

[Nov 3, 2011 9:12:06 PM EDT] newdif what is HOD?

[Nov 3, 2011 9:12:16 PM EDT] InvestorsLive HOD …. high of day

[Nov 3, 2011 9:12:21 PM EDT] newdif thx

[Nov 3, 2011 9:12:29 PM EDT] InvestorsLive then pulls back again after finding bottom (D)

[Nov 3, 2011 9:12:30 PM EDT] FadilCashflow how do you know the D is finished

[Nov 3, 2011 9:12:38 PM EDT] InvestorsLive lemme talk

[Nov 3, 2011 9:12:40 PM EDT] FadilCashflow do u try to line it up with previous support levels

[Nov 3, 2011 9:12:41 PM EDT] FadilCashflow kk

[Nov 3, 2011 9:12:49 PM EDT] InvestorsLive A = HOD

[Nov 3, 2011 9:12:54 PM EDT] InvestorsLive D = pull back lows

[Nov 3, 2011 9:13:03 PM EDT] InvestorsLive bounces ….

[Nov 3, 2011 9:13:06 PM EDT] InvestorsLive then starts sliding

[Nov 3, 2011 9:13:13 PM EDT] InvestorsLive but holds a higher low

[Nov 3, 2011 9:13:24 PM EDT] InvestorsLive then starts to have higher lows and slowly creepin’ up

[Nov 3, 2011 9:13:26 PM EDT] InvestorsLive ie: gearing

[Nov 3, 2011 9:13:46 PM EDT] InvestorsLive anywhere between B and C I like to long – usually partial anticipating the break at C which is HOD break

[Nov 3, 2011 9:13:56 PM EDT] InvestorsLive the stop is if D breaks

[Nov 3, 2011 9:14:00 PM EDT] InvestorsLive known risk

[Nov 3, 2011 9:14:10 PM EDT] InvestorsLive this is a SIMPLE pictureof it

[Nov 3, 2011 9:14:16 PM EDT] InvestorsLive now for a real chart

[Nov 3, 2011 9:14:28 PM EDT] InvestorsLive http://www.investorsunderground.com/img/ZWTATPGHYV.png

[Nov 3, 2011 9:14:37 PM EDT] InvestorsLive SOLR u miss the AM move

[Nov 3, 2011 9:14:48 PM EDT] InvestorsLive A = HOD … pulls back .. higher lows etc etc

[Nov 3, 2011 9:14:55 PM EDT] InvestorsLive then later on u start to see the trend tighten up

[Nov 3, 2011 9:14:59 PM EDT] InvestorsLive higher lows

[Nov 3, 2011 9:15:08 PM EDT] InvestorsLive where I have the other white line diagnol going up

[Nov 3, 2011 9:15:20 PM EDT] InvestorsLive any time in there anticipate it and bam breaks the HOD on vol and off

[Nov 3, 2011 9:15:37 PM EDT] InvestorsLive Another look

[Nov 3, 2011 9:15:37 PM EDT] InvestorsLive http://www.investorsunderground.com/img/RXFRJGPFLR.png

[Nov 3, 2011 9:15:40 PM EDT] InvestorsLive as it unfolds

[Nov 3, 2011 9:15:57 PM EDT] InvestorsLive 1 u can see pulled back the trend tightens

[Nov 3, 2011 9:16:02 PM EDT] InvestorsLive re-test and bust

[Nov 3, 2011 9:16:18 PM EDT] InvestorsLive u see me state in chat

[Nov 3, 2011 9:16:19 PM EDT] InvestorsLive TEXT BOOK

[Nov 3, 2011 9:16:29 PM EDT] InvestorsLive I assume u guys read the new member page and know what I mean by a text book chart

[Nov 3, 2011 9:16:30 PM EDT] InvestorsLive that much easier

[Nov 3, 2011 9:16:34 PM EDT] InvestorsLive this is what I mean

[Nov 3, 2011 9:16:46 PM EDT] InvestorsLive POTG http://www.investorsunderground.com/img/GFNZYJBNPL.png

[Nov 3, 2011 9:17:06 PM EDT] InvestorsLive Slide 29

[Nov 3, 2011 9:17:23 PM EDT] InvestorsLive yellow line is like A

[Nov 3, 2011 9:17:41 PM EDT] InvestorsLive u can see it INCHING we use in chat

[Nov 3, 2011 9:17:43 PM EDT] InvestorsLive slowly up

[Nov 3, 2011 9:17:51 PM EDT] InvestorsLive then crosses for the HOD break

[Nov 3, 2011 9:18:00 PM EDT] InvestorsLive white line u can see higher highs

[Nov 3, 2011 9:18:19 PM EDT] InvestorsLive Another look next slide

[Nov 3, 2011 9:18:20 PM EDT] InvestorsLive http://www.investorsunderground.com/img/FEMNESVSIC.png

[Nov 3, 2011 9:18:26 PM EDT] InvestorsLive can see the channel

[Nov 3, 2011 9:18:30 PM EDT] InvestorsLive then the gearing action

[Nov 3, 2011 9:18:38 PM EDT] InvestorsLive re-test prior high and bang

[Nov 3, 2011 9:18:49 PM EDT] InvestorsLive u can anticipate any time … just trade accordingly …

[Nov 3, 2011 9:19:09 PM EDT] InvestorsLive play whatever size u are comfortable given u stop out if the bottom of channel breajs

[Nov 3, 2011 9:19:10 PM EDT] InvestorsLive breaks

[Nov 3, 2011 9:19:36 PM EDT] InvestorsLive Slide 31

[Nov 3, 2011 9:19:36 PM EDT] InvestorsLive http://www.investorsunderground.com/img/LCNFMGCOLO.png

[Nov 3, 2011 9:19:49 PM EDT] InvestorsLive another example BUT

[Nov 3, 2011 9:19:52 PM EDT] InvestorsLive lets say it fails

[Nov 3, 2011 9:19:57 PM EDT] InvestorsLive where are u going to stop?

[Nov 3, 2011 9:20:16 PM EDT] InvestorsLive so if u anticipate that move like the rest of them

[Nov 3, 2011 9:20:20 PM EDT] InvestorsLive but lets say it didnt break out and failed

[Nov 3, 2011 9:20:29 PM EDT] InvestorsLive that red line…. is where I’d let it mentally test

[Nov 3, 2011 9:20:38 PM EDT] InvestorsLive and if it busted – I may potentially short as well

[Nov 3, 2011 9:20:41 PM EDT] InvestorsLive stop at top of channel

[Nov 3, 2011 9:20:53 PM EDT] InvestorsLive any questions before red/green

[Nov 3, 2011 9:21:30 PM EDT] Breadwinner do you draw these lines on the intraday chart or are these just examples?

[Nov 3, 2011 9:21:39 PM EDT] InvestorsLive just for visuals

[Nov 3, 2011 9:21:42 PM EDT] DeeTee77 SO if it breaks the bottom trend line, is it pretty much over, take it off radar

[Nov 3, 2011 9:21:42 PM EDT] InvestorsLive I see it without them

[Nov 3, 2011 9:22:13 PM EDT] kdecker1 less aggressive with entry if market is down?

[Nov 3, 2011 9:22:13 PM EDT] InvestorsLive u could take the opposite trade as I siad above deetee

[Nov 3, 2011 9:22:16 PM EDT] InvestorsLive or wait for it to set up again

[Nov 3, 2011 9:22:25 PM EDT] InvestorsLive good point kdecker there

[Nov 3, 2011 9:22:26 PM EDT] InvestorsLive so

[Nov 3, 2011 9:22:29 PM EDT] InvestorsLive if u see this chart

[Nov 3, 2011 9:22:32 PM EDT] dnvalid1 does it matter how big the pullback off HOD is before it trends sideways……this example didn’t pull back much

[Nov 3, 2011 9:22:32 PM EDT] InvestorsLive and SPY starts to tank

[Nov 3, 2011 9:22:38 PM EDT] InvestorsLive are u going to buy a breakout?

[Nov 3, 2011 9:22:43 PM EDT] rude1 no

[Nov 3, 2011 9:22:46 PM EDT] InvestorsLive no, prob not (me anyway)

[Nov 3, 2011 9:22:56 PM EDT] InvestorsLive but great question kdecker

[Nov 3, 2011 9:23:01 PM EDT] InvestorsLive so tahts why I always have an eye on SPY

[Nov 3, 2011 9:23:14 PM EDT] InvestorsLive nah its more the trend/gearing im interested in

[Nov 3, 2011 9:23:24 PM EDT] InvestorsLive many times you’ll see me state ‘eye on XYZ trend forming’

[Nov 3, 2011 9:23:37 PM EDT] InvestorsLive then ill watch a pull or a set up like this

[Nov 3, 2011 9:23:38 PM EDT] InvestorsLive im familiar with

[Nov 3, 2011 9:24:03 PM EDT] InvestorsLive ok so red/green

[Nov 3, 2011 9:24:08 PM EDT] InvestorsLive well any more b4?

[Nov 3, 2011 9:24:10 PM EDT] InvestorsLive going on

[Nov 3, 2011 9:24:20 PM EDT] TMcNasty yes

[Nov 3, 2011 9:24:44 PM EDT] TMcNasty nate w/ eye on SPY what would you look at. SPY red on the day? Moving down when u wanted to long etc?

[Nov 3, 2011 9:24:49 PM EDT] dnvalid1 why were the 1st 2 HOD’s not important on last slide?

[Nov 3, 2011 9:25:13 PM EDT] InvestorsLive I look at SPY in general

[Nov 3, 2011 9:25:16 PM EDT] InvestorsLive to get a feel for market

[Nov 3, 2011 9:25:21 PM EDT] InvestorsLive u want to be buying breakout when market tanking?

[Nov 3, 2011 9:25:27 PM EDT] InvestorsLive or shoritng when market breaking out

[Nov 3, 2011 9:25:36 PM EDT] InvestorsLive thats all – SPY just a quick glimpse of over all feel

[Nov 3, 2011 9:25:45 PM EDT] rude1 want to swim with the current

[Nov 3, 2011 9:25:57 PM EDT] teutomn 3.4 stocks follow spy

[Nov 3, 2011 9:26:00 PM EDT] teutomn 3/4 *

[Nov 3, 2011 9:26:29 PM EDT] InvestorsLive dnavalid – long the time between A and C

[Nov 3, 2011 9:26:31 PM EDT] SuperSev why would we care about SPY on penny stocks?

[Nov 3, 2011 9:26:34 PM EDT] InvestorsLive better the breakout many times

[Nov 3, 2011 9:26:45 PM EDT] InvestorsLive usualy I wait for mid afternoon moves

[Nov 3, 2011 9:26:47 PM EDT] InvestorsLive vs. lull

[Nov 3, 2011 9:26:51 PM EDT] InvestorsLive 2pm+

[Nov 3, 2011 9:26:51 PM EDT] Breadwinner you don’t reference SPY when looking at OTC’s do you? or for both?

[Nov 3, 2011 9:27:05 PM EDT] InvestorsLive no SPY has no correlation with OTCs

[Nov 3, 2011 9:27:11 PM EDT] InvestorsLive course not

[Nov 3, 2011 9:27:16 PM EDT] InvestorsLive thats why I suggest gappers on OTCs

[Nov 3, 2011 9:27:19 PM EDT] Breadwinner thanks. just want to make sure

[Nov 3, 2011 9:27:21 PM EDT] InvestorsLive but not Nasdaq

[Nov 3, 2011 9:27:46 PM EDT] InvestorsLive Slide 32

[Nov 3, 2011 9:27:52 PM EDT] InvestorsLive Anticipating r/g

[Nov 3, 2011 9:28:02 PM EDT] InvestorsLive http://www.investorsunderground.com/img/BQNGZVQYKG.png

[Nov 3, 2011 9:28:23 PM EDT] InvestorsLive once again sideways price action

[Nov 3, 2011 9:28:27 PM EDT] InvestorsLive after big range

[Nov 3, 2011 9:28:32 PM EDT] InvestorsLive perk off consolidation

[Nov 3, 2011 9:28:34 PM EDT] InvestorsLive magnet on red/green

[Nov 3, 2011 9:28:45 PM EDT] InvestorsLive couple things here

[Nov 3, 2011 9:28:48 PM EDT] InvestorsLive this doesnt mean like

[Nov 3, 2011 9:28:56 PM EDT] InvestorsLive hey SIRI just went red to green on the day

[Nov 3, 2011 9:28:59 PM EDT] InvestorsLive up .01

[Nov 3, 2011 9:29:02 PM EDT] InvestorsLive means its a buy

[Nov 3, 2011 9:29:04 PM EDT] InvestorsLive etc

[Nov 3, 2011 9:29:13 PM EDT] InvestorsLive this means .. stocks we’re famliar with … been trading past few days

[Nov 3, 2011 9:29:15 PM EDT] InvestorsLive they are IN PLAY

[Nov 3, 2011 9:29:20 PM EDT] InvestorsLive last few days pulled back

[Nov 3, 2011 9:29:24 PM EDT] InvestorsLive and everyone waiting for the bounce…

[Nov 3, 2011 9:29:25 PM EDT] InvestorsLive or

[Nov 3, 2011 9:29:29 PM EDT] InvestorsLive popped huge yesterday

[Nov 3, 2011 9:29:39 PM EDT] InvestorsLive pulled back .. flat line found support perk off and back red/green on day

[Nov 3, 2011 9:30:01 PM EDT] InvestorsLive best with combinations

[Nov 3, 2011 9:30:03 PM EDT] InvestorsLive red/green

[Nov 3, 2011 9:30:05 PM EDT] InvestorsLive whole #s

[Nov 3, 2011 9:30:11 PM EDT] InvestorsLive 1/2 dollar marks

[Nov 3, 2011 9:30:13 PM EDT] InvestorsLive gearin/perking

[Nov 3, 2011 9:30:36 PM EDT] InvestorsLive like PEIX for example say it doesnt gap up and go to .80

[Nov 3, 2011 9:30:43 PM EDT] InvestorsLive say it has a semi weak open

[Nov 3, 2011 9:30:57 PM EDT] InvestorsLive chills like .68

[Nov 3, 2011 9:31:09 PM EDT] InvestorsLive and starts to perk .685 .. .69 at 10am tomorrow

[Nov 3, 2011 9:31:11 PM EDT] InvestorsLive or 2pm tomorrow

[Nov 3, 2011 9:31:18 PM EDT] InvestorsLive after holding .67-.68 support all day

[Nov 3, 2011 9:31:22 PM EDT] InvestorsLive that’s a red/green I care about

[Nov 3, 2011 9:31:29 PM EDT] InvestorsLive vs. some random stock on a random day

[Nov 3, 2011 9:31:32 PM EDT] InvestorsLive going r/g

[Nov 3, 2011 9:31:58 PM EDT] InvestorsLive lastly pumpers

[Nov 3, 2011 9:32:12 PM EDT] InvestorsLive I took out a few slides should kept it i’ll add it back in seminar notes

[Nov 3, 2011 9:32:13 PM EDT] InvestorsLive but

[Nov 3, 2011 9:32:22 PM EDT] InvestorsLive everyone always wants to know ALL the sites for pennypic

[Nov 3, 2011 9:32:25 PM EDT] InvestorsLive ALL the sites for crazypennye

[Nov 3, 2011 9:32:26 PM EDT] InvestorsLive etc

[Nov 3, 2011 9:32:34 PM EDT] InvestorsLive its work peeps

[Nov 3, 2011 9:32:36 PM EDT] InvestorsLive google every night

[Nov 3, 2011 9:32:41 PM EDT] InvestorsLive sign up for all and paste it all together

[Nov 3, 2011 9:32:49 PM EDT] InvestorsLive connec the dots etc

[Nov 3, 2011 9:32:57 PM EDT] InvestorsLive every person I tell means one fill I may not get on day 1

[Nov 3, 2011 9:33:04 PM EDT] InvestorsLive if I gave everyone all teh sites I put together

[Nov 3, 2011 9:33:10 PM EDT] InvestorsLive at the end of the day we are here to make $

[Nov 3, 2011 9:33:15 PM EDT] InvestorsLive if uw ant it …

[Nov 3, 2011 9:33:16 PM EDT] InvestorsLive google

[Nov 3, 2011 9:33:18 PM EDT] InvestorsLive google

[Nov 3, 2011 9:33:30 PM EDT] InvestorsLive then

[Nov 3, 2011 9:33:32 PM EDT] InvestorsLive how was their last

[Nov 3, 2011 9:33:36 PM EDT] InvestorsLive pissed I had vaca

[Nov 3, 2011 9:33:37 PM EDT] TMcNasty yahoo?

[Nov 3, 2011 9:33:39 PM EDT] InvestorsLive but like MILV

[Nov 3, 2011 9:33:45 PM EDT] InvestorsLive coming off POTG

[Nov 3, 2011 9:33:47 PM EDT] InvestorsLive no brainer!

[Nov 3, 2011 9:33:51 PM EDT] InvestorsLive RAYS coming off LEXG

[Nov 3, 2011 9:33:53 PM EDT] InvestorsLive no brainer!

[Nov 3, 2011 9:34:08 PM EDT] FadilCashflow what about bestdamnpennystocks recent failure

[Nov 3, 2011 9:34:12 PM EDT] InvestorsLive pennypic coming of AERN … eh .. .prob will be good but not as blind as I typically would go into MILV o RAYS

[Nov 3, 2011 9:34:13 PM EDT] InvestorsLive etc

[Nov 3, 2011 9:34:18 PM EDT] SuperSev what do u mean ‘rays COMING OFF lexg” ?

[Nov 3, 2011 9:34:33 PM EDT] InvestorsLive so answer the question Fadil – “how did their last do?”

[Nov 3, 2011 9:34:38 PM EDT] InvestorsLive what do u mean SuperSev?

[Nov 3, 2011 9:34:45 PM EDT] FadilCashflow EVGI right failed didint it

[Nov 3, 2011 9:34:46 PM EDT] InvestorsLive MILV coming off POTG …

[Nov 3, 2011 9:34:49 PM EDT] InvestorsLive RAYS coming off LEXG

[Nov 3, 2011 9:34:55 PM EDT] InvestorsLive next pennypic coming off AERN

[Nov 3, 2011 9:34:56 PM EDT] superfly15 the pumpers last one

[Nov 3, 2011 9:34:56 PM EDT] InvestorsLive etc

[Nov 3, 2011 9:35:11 PM EDT] InvestorsLive saright – Fadil – so next one u excited about? not so much

[Nov 3, 2011 9:35:17 PM EDT] InvestorsLive Thazzzzzzzz it

[Nov 3, 2011 9:35:19 PM EDT] InvestorsLive oh

[Nov 3, 2011 9:35:32 PM EDT] FadilCashflow but it can only redeem itself right but wouldnt go large?

[Nov 3, 2011 9:35:44 PM EDT] InvestorsLive could

[Nov 3, 2011 9:35:47 PM EDT] spazztrader Hey how come there are no slides with pics of you guys at the conference 😉

[Nov 3, 2011 9:35:48 PM EDT] InvestorsLive but ill miss that one

[Nov 3, 2011 9:36:04 PM EDT] FadilCashflow oh so u only play the ones after a semi successfull one?

[Nov 3, 2011 9:36:07 PM EDT] InvestorsLive there was

[Nov 3, 2011 9:36:13 PM EDT] InvestorsLive lots of pics

[Nov 3, 2011 9:36:21 PM EDT] InvestorsLive right fadil – look at the slide

[Nov 3, 2011 9:36:23 PM EDT] spazztrader where I missed them ?

[Nov 3, 2011 9:36:25 PM EDT] InvestorsLive i put what u need to ask urself

[Nov 3, 2011 9:36:35 PM EDT] spazztrader would have been a blast to see them

[Nov 3, 2011 9:36:44 PM EDT] InvestorsLive videos etc

[Nov 3, 2011 9:36:52 PM EDT] InvestorsLive One last question

[Nov 3, 2011 9:37:00 PM EDT] InvestorsLive from TMcNasty

[Nov 3, 2011 9:37:12 PM EDT] InvestorsLive “nate how do i write a review for IU???

[Nov 3, 2011 9:37:19 PM EDT] InvestorsLive right here man: http://investimonials.com/websites/reviews-investors-underground-live-trading-chatroom.aspx

[Nov 3, 2011 9:37:21 PM EDT] TMcNasty FFFFFFFFUUUUUUUUUUUUUUUUUUUUU!

[Nov 3, 2011 9:37:22 PM EDT] InvestorsLive thanks for asking!

[Nov 3, 2011 9:37:24 PM EDT] TMcNasty lol

[Nov 3, 2011 9:37:35 PM EDT] InvestorsLive any other questions guys

[Nov 3, 2011 9:37:35 PM EDT] InvestorsLive heres my plan

[Nov 3, 2011 9:37:37 PM EDT] spazztrader lol

[Nov 3, 2011 9:37:39 PM EDT] InvestorsLive take this in

[Nov 3, 2011 9:37:41 PM EDT] TMcNasty no reviews till we meet up in Boston

[Nov 3, 2011 9:37:44 PM EDT] InvestorsLive think of questions this week

[Nov 3, 2011 9:37:51 PM EDT] InvestorsLive I will post a seminar link for Sunday

[Nov 3, 2011 9:37:56 PM EDT] InvestorsLive and u guys an demolish the comment section

[Nov 3, 2011 9:38:03 PM EDT] InvestorsLive sound like a plan?

[Nov 3, 2011 9:38:03 PM EDT] rude1 can we do randomn question now?

[Nov 3, 2011 9:38:20 PM EDT] Breadwinner gonna have questions about how you use L2 to decide when to go in large.

[Nov 3, 2011 9:38:35 PM EDT] MG Trader great seminar

[Nov 3, 2011 9:38:45 PM EDT] spazztrader very good seminar nate

[Nov 3, 2011 9:38:47 PM EDT] TMcNasty agreed

[Nov 3, 2011 9:38:53 PM EDT] Breadwinner i agree MC. seminars are fantastic

[Nov 3, 2011 9:38:58 PM EDT] newdif well done, Nate

[Nov 3, 2011 9:38:59 PM EDT] InvestorsLive easy answer Bread – I don’t I use it all

[Nov 3, 2011 9:39:02 PM EDT] Haines Thanks Nate!

[Nov 3, 2011 9:39:08 PM EDT] InvestorsLive thx guys I will post as well

[Nov 3, 2011 9:39:16 PM EDT] InvestorsLive hey haines did u soak up more from Vegas

[Nov 3, 2011 9:39:20 PM EDT] InvestorsLive even tho it was same stuff

[Nov 3, 2011 9:39:21 PM EDT] Breadwinner d@mn. i’ll get details later.

[Nov 3, 2011 9:39:22 PM EDT] dnvalid1 thx very informative

[Nov 3, 2011 9:39:24 PM EDT] InvestorsLive or 2 times helpful

[Nov 3, 2011 9:39:24 PM EDT] InvestorsLive ha

[Nov 3, 2011 9:39:29 PM EDT] Haines Yup!

[Nov 3, 2011 9:39:49 PM EDT] DeeTee77 Thanks, the HOD breakout charts were good to see!

[Nov 3, 2011 9:39:54 PM EDT] Haines it helps for sure

[Nov 3, 2011 9:40:28 PM EDT] dnvalid1 IL – thought you said you use L2 for going short late day

[Nov 3, 2011 9:40:45 PM EDT] dnvalid1 maybe that’s what Bread referring to

[Nov 3, 2011 9:40:52 PM EDT] InvestorsLive I use it all

[Nov 3, 2011 9:40:54 PM EDT] InvestorsLive chart, vol

[Nov 3, 2011 9:40:55 PM EDT] InvestorsLive level 2

[Nov 3, 2011 9:41:00 PM EDT] InvestorsLive i dont just base off level 2

[Nov 3, 2011 9:41:09 PM EDT] InvestorsLive level 2 is just something ug et a feel for and either make use of it yourself

[Nov 3, 2011 9:41:12 PM EDT] InvestorsLive or don’t

[Nov 3, 2011 9:41:17 PM EDT] InvestorsLive not really something to teach

[Nov 3, 2011 9:41:20 PM EDT] InvestorsLive so much fake in it

[Nov 3, 2011 9:41:40 PM EDT] Breadwinner cool. i’m trying to learn how to read it. sometimes i’m the last buyer.

[Nov 3, 2011 9:41:59 PM EDT] FadilCashflow hmm, something like WSML how do we avoid making a misstake on going long a failure like that? was it already finished when everyone frontran ?

[Nov 3, 2011 9:42:11 PM EDT] AlexL Bread, imo how I learned was to watch it all day every day

[Nov 3, 2011 9:42:27 PM EDT] AlexL record it and watch it ah

[Nov 3, 2011 9:42:39 PM EDT] Breadwinner yea. i just started using it a few weeks ago. got a new ap for my phone.

[Nov 3, 2011 9:42:51 PM EDT] AlexL the stuff that is obvious is usually what they want you to see

[Nov 3, 2011 9:42:56 PM EDT] DeeTee77 Record it, AlexL? Screen Capture?

[Nov 3, 2011 9:43:00 PM EDT] InvestorsLive WSML wasn’t hard to stay away from

[Nov 3, 2011 9:43:06 PM EDT] AlexL yes. I have hrs

[Nov 3, 2011 9:43:11 PM EDT] InvestorsLive no one got burned on that in here

[Nov 3, 2011 9:43:19 PM EDT] InvestorsLive WSML no reason to hold after that first day

[Nov 3, 2011 9:43:21 PM EDT] AlexL hours

[Nov 3, 2011 9:43:22 PM EDT] Breadwinner i like to see L2 when all of the bids are above my entry

[Nov 3, 2011 9:43:46 PM EDT] AlexL lol dont we all

[Nov 3, 2011 9:43:48 PM EDT] FadilCashflow was it the 5k compenstated thing that ruined it? if it was a 2mill promo would it be a buy or the frontran ruined it?

[Nov 3, 2011 9:43:49 PM EDT] Breadwinner true IL. you even suggest we sell into the power close. i ended up selling in the am

[Nov 3, 2011 9:43:56 PM EDT] Breadwinner RE: WSML

[Nov 3, 2011 9:44:08 PM EDT] Breadwinner suggested. no suggest

[Nov 3, 2011 9:44:19 PM EDT] InvestorsLive Fadil I think u think too hard about promos

[Nov 3, 2011 9:44:24 PM EDT] InvestorsLive based on the questions u ask

[Nov 3, 2011 9:44:27 PM EDT] InvestorsLive restart ur thinking

[Nov 3, 2011 9:44:32 PM EDT] InvestorsLive take a step back

[Nov 3, 2011 9:44:38 PM EDT] InvestorsLive they sold stock and didnt support it

[Nov 3, 2011 9:44:40 PM EDT] InvestorsLive thats what ruined it

[Nov 3, 2011 9:45:19 PM EDT] FadilCashflow so a stock like RAYS the budget is supporting it?

[Nov 3, 2011 9:45:34 PM EDT] TMcNasty a promo allegedly that big should not have gone sideways for 4 days…that’s how it got to .43c

[Nov 3, 2011 9:45:41 PM EDT] Jonsh WSML had a bigger budget than 5k

[Nov 3, 2011 9:45:44 PM EDT] InvestorsLive RAYS highly liquid

[Nov 3, 2011 9:45:46 PM EDT] InvestorsLive WSML wasnt

[Nov 3, 2011 9:46:42 PM EDT] InvestorsLive alright guys great seminar

[Nov 3, 2011 9:46:52 PM EDT] spazztrader thx Nate

[Nov 3, 2011 9:47:06 PM EDT] InvestorsLive ill post a link tomorrow for questions for Sundays

[Nov 3, 2011 9:47:12 PM EDT] FadilCashflow good seminar goodnight

[Nov 3, 2011 9:47:12 PM EDT] InvestorsLive think tomorrow and Sat

[Nov 3, 2011 9:47:33 PM EDT] kdecker1 will do, thanks

[Nov 3, 2011 9:47:45 PM EDT] Robyn thank you

[Nov 3, 2011 9:47:49 PM EDT] rude1 hopefully the sunRAYS are shining tomorrow 🙂

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