[Jan 3, 2010 6:01:56 PM PST] InvestorsLive we can shift gears as well whenever you guys are ready
[Jan 3, 2010 6:02:11 PM PST] djsdream ready
[Jan 3, 2010 6:02:18 PM PST] tarheeljeff Danke
[Jan 3, 2010 6:02:18 PM PST] pedro_go I am ready
[Jan 3, 2010 6:02:21 PM PST] InvestorsLive I really didn’t get very many questions via email – got a few
[Jan 3, 2010 6:02:25 PM PST] BAs3ball get set, go
[Jan 3, 2010 6:02:25 PM PST] jonnyslots all systems go for 2010
[Jan 3, 2010 6:02:26 PM PST] InvestorsLive so it’ll be mostly opened up
[Jan 3, 2010 6:02:30 PM PST] InvestorsLive one thing I wanted to mention tho guys
[Jan 3, 2010 6:02:49 PM PST] InvestorsLive stick to a trading plan
[Jan 3, 2010 6:02:57 PM PST] InvestorsLive make sure u guys have a set $
[Jan 3, 2010 6:03:01 PM PST] InvestorsLive ur going to lose and if u hit that
[Jan 3, 2010 6:03:04 PM PST] InvestorsLive ur get out.. regardless
[Jan 3, 2010 6:03:16 PM PST] InvestorsLive I don’t want to see anyone get burnt up b/c they hold past that point
[Jan 3, 2010 6:03:22 PM PST] InvestorsLive its very important to keep ur rules in check
[Jan 3, 2010 6:03:31 PM PST] djsdream burnt allready
[Jan 3, 2010 6:03:31 PM PST] InvestorsLive we all take losses at times, I did Thursday on YRCW
[Jan 3, 2010 6:03:40 PM PST] InvestorsLive but
[Jan 3, 2010 6:03:46 PM PST] InvestorsLive if u don’t take a loss and move on..
[Jan 3, 2010 6:03:50 PM PST] InvestorsLive literally 2 hrs later
[Jan 3, 2010 6:03:54 PM PST] InvestorsLive market was hot as can be
[Jan 3, 2010 6:03:57 PM PST] InvestorsLive AENY and NVLT
[Jan 3, 2010 6:04:01 PM PST] InvestorsLive were perfect chart breakouts
[Jan 3, 2010 6:04:10 PM PST] InvestorsLive and ended up forgetting about YRCW in 15 minutes
[Jan 3, 2010 6:04:29 PM PST] pedro_go yes
[Jan 3, 2010 6:04:32 PM PST] InvestorsLive one question I had
[Jan 3, 2010 6:04:50 PM PST] InvestorsLive IMSC
[Jan 3, 2010 6:04:56 PM PST] InvestorsLive Friday some played
[Jan 3, 2010 6:05:00 PM PST] InvestorsLive some watched
[Jan 3, 2010 6:05:02 PM PST] tarheeljeff it’s amazing how that simple advice is *SO* important! and not matter how many times another trader tells/reminds us, it can still be very hard to stick to
[Jan 3, 2010 6:05:16 PM PST] InvestorsLive yes jeff
[Jan 3, 2010 6:05:41 PM PST] tarheeljeff emotions and ego… %%%% them!
[Jan 3, 2010 6:05:58 PM PST] InvestorsLive IMSC there were a few questions
[Jan 3, 2010 6:06:03 PM PST] InvestorsLive some were in some didnt even play
[Jan 3, 2010 6:06:10 PM PST] InvestorsLive some sold wayyyyyyyyyy early (ahemmm me)
[Jan 3, 2010 6:06:38 PM PST] InvestorsLive the main question is how did u know to get in
[Jan 3, 2010 6:06:40 PM PST] InvestorsLive how did u know to hold
[Jan 3, 2010 6:06:40 PM PST] InvestorsLive etc
[Jan 3, 2010 6:06:45 PM PST] InvestorsLive no one knew… but
[Jan 3, 2010 6:06:51 PM PST] InvestorsLive I’ll tell you why we were interested in it
[Jan 3, 2010 6:06:58 PM PST] InvestorsLive few factors…
[Jan 3, 2010 6:07:06 PM PST] InvestorsLive security plays are hot hot hot
[Jan 3, 2010 6:07:10 PM PST] InvestorsLive so this is sector knowledge
[Jan 3, 2010 6:07:15 PM PST] InvestorsLive sympathy plays
[Jan 3, 2010 6:07:27 PM PST] InvestorsLive ICXT
[Jan 3, 2010 6:07:29 PM PST] InvestorsLive MACE
[Jan 3, 2010 6:07:37 PM PST] InvestorsLive all those hot ones
[Jan 3, 2010 6:07:56 PM PST] InvestorsLive .25 break starting gearing w/v ol I didn’t even see nor have interested until the .30s lined up
[Jan 3, 2010 6:08:05 PM PST] InvestorsLive and then red/green which we love
[Jan 3, 2010 6:08:28 PM PST] InvestorsLive I like buying those breaks .30 breaks .40 breaks .50 breaks on OTCBBs for the red/green push
[Jan 3, 2010 6:08:36 PM PST] InvestorsLive as far as selling, you saw me sell way early.. who knew
[Jan 3, 2010 6:08:56 PM PST] InvestorsLive but it was EASY to sell… liquid and I don’t care – it came right back to where I sold and under it too
[Jan 3, 2010 6:09:02 PM PST] InvestorsLive I don’t look back
[Jan 3, 2010 6:09:16 PM PST] pedro_go But news was the factor that made it run 100% within 20 minutes
[Jan 3, 2010 6:09:29 PM PST] InvestorsLive news doesn’t really matter
[Jan 3, 2010 6:09:47 PM PST] InvestorsLive news can be a pump
[Jan 3, 2010 6:09:48 PM PST] InvestorsLive to dump
[Jan 3, 2010 6:09:53 PM PST] InvestorsLive or news can be a reason to push it
[Jan 3, 2010 6:10:03 PM PST] InvestorsLive there was no “news” that hit any wires
[Jan 3, 2010 6:10:07 PM PST] InvestorsLive when we were playing it
[Jan 3, 2010 6:10:24 PM PST] InvestorsLive if you play stocks based on news,… who knows … could have the best news and sell off
[Jan 3, 2010 6:10:31 PM PST] rb101 on thsoe B/O, do you ever ladder out -say sell limit orders ona 1500 share pos-and sell at 500 level increments every .8-12?
[Jan 3, 2010 6:10:37 PM PST] pedro_go That’s right, I agree
[Jan 3, 2010 6:10:46 PM PST] tputs001 Unless we have a direct route to like NITE, it would be almost impossible to play it using only ARCA/SMART right?
[Jan 3, 2010 6:11:20 PM PST] InvestorsLive tputs – you could play it with just about any broker – as far as your fills they’d be slower than NITE yes
[Jan 3, 2010 6:11:29 PM PST] InvestorsLive there was over 5 million volume
[Jan 3, 2010 6:11:37 PM PST] InvestorsLive very liquid stock – so no I don’t think it would have been an issue
[Jan 3, 2010 6:11:46 PM PST] tputs001 okay thanks!
[Jan 3, 2010 6:11:49 PM PST] InvestorsLive rb101 – I always suggest to sell 1/2 on the first pop
[Jan 3, 2010 6:11:55 PM PST] InvestorsLive and keep some for the upside
[Jan 3, 2010 6:12:03 PM PST] InvestorsLive worst case you can always sell at ur entry
[Jan 3, 2010 6:12:13 PM PST] InvestorsLive so if u buy 10k shares and it pops right away lock some in
[Jan 3, 2010 6:12:16 PM PST] InvestorsLive ride 5k
[Jan 3, 2010 6:12:18 PM PST] BAs3ball What stocks make it to your twitter posts.
[Jan 3, 2010 6:12:31 PM PST] InvestorsLive twitter is mainly for marketing Basebal
[Jan 3, 2010 6:12:40 PM PST] InvestorsLive its all after the fact stuff
[Jan 3, 2010 6:12:43 PM PST] ko1 is there any site where I can go to understand these ARCA/SMART/NITE thingy .. also related to earlier chat re removing/adding liquidity .. i think i pay like more than $30-$40 on some of my trades with IB
[Jan 3, 2010 6:12:47 PM PST] rb101 ever do brakect orders-OCO- and have downside protection…
[Jan 3, 2010 6:12:54 PM PST] InvestorsLive but I put the sub pennys I am playing there as well as the sub penny chat
[Jan 3, 2010 6:13:15 PM PST] jonnyslots so when you say you like the round number breaks…do you try and catch it at the round number, or wait til they break
[Jan 3, 2010 6:13:21 PM PST] InvestorsLive k01 – ya that’s crazy that’s what happens when you don’t have an OTCBB broker they rape you on comissions
[Jan 3, 2010 6:13:29 PM PST] InvestorsLive there’s nothing really to read up on tho
[Jan 3, 2010 6:13:39 PM PST] InvestorsLive just get a second broker for otcbb’s
[Jan 3, 2010 6:13:50 PM PST] ko1 ya I have it with TD
[Jan 3, 2010 6:14:01 PM PST] ko1 IB sucks .. take ages to talk to them
[Jan 3, 2010 6:14:04 PM PST] InvestorsLive there u go… and if you don’t have 25k for 2 accts
[Jan 3, 2010 6:14:11 PM PST] InvestorsLive u can always go to WTC now for that 2nd account
[Jan 3, 2010 6:14:20 PM PST] InvestorsLive which is great for OTCBBs – which is what I was looking for
[Jan 3, 2010 6:14:21 PM PST] ko1 have $5K and $15K (IB & TD)
[Jan 3, 2010 6:14:30 PM PST] ko1 should I sack IB or TD?
[Jan 3, 2010 6:14:37 PM PST] ko1 i like TD for their service
[Jan 3, 2010 6:14:38 PM PST] InvestorsLive IB is best for borrows
[Jan 3, 2010 6:14:40 PM PST] Ironman TD
[Jan 3, 2010 6:14:49 PM PST] rb101 bundled rate at IB tough to beat evenw/pick sheet/BB orders- i think really reasonable…
[Jan 3, 2010 6:14:58 PM PST] ko1 still can’t get used to IB’s platform
[Jan 3, 2010 6:14:58 PM PST] Ironman transfer it all to speedtrader…hehe
[Jan 3, 2010 6:15:07 PM PST] InvestorsLive jonnyslots – round number breaks or psychological breaks
[Jan 3, 2010 6:15:15 PM PST] InvestorsLive round numbers… if its been trading in a channel
[Jan 3, 2010 6:15:16 PM PST] ko1 i like to have 2 Iron hehe
[Jan 3, 2010 6:15:23 PM PST] InvestorsLive and starts to perk towards $.25….
[Jan 3, 2010 6:15:26 PM PST] InvestorsLive I’d expect .25 w/ vol
[Jan 3, 2010 6:15:28 PM PST] patman quick comment, it would be nice to have a ‘premium twitter or rss feed’ for members with alerts
[Jan 3, 2010 6:15:41 PM PST] InvestorsLive something everyone can relate too.. whatever its closes – usually you’ll see me mentioned it on stocks
[Jan 3, 2010 6:15:44 PM PST] InvestorsLive with prior resistance
[Jan 3, 2010 6:15:50 PM PST] InvestorsLive and I’m looking for X break w/ volume
[Jan 3, 2010 6:15:53 PM PST] rb101 ya- I agree IB or Think Swim really best for borrows…
[Jan 3, 2010 6:16:16 PM PST] InvestorsLive patman – maybe can do but don’t know how much it’ll help you
[Jan 3, 2010 6:16:27 PM PST] InvestorsLive unless you can’t be in chat and just want symbols in play
[Jan 3, 2010 6:16:38 PM PST] patman i live in this chat, you know 😉
[Jan 3, 2010 6:16:50 PM PST] InvestorsLive so screw premium twitter waste of ur $$
[Jan 3, 2010 6:16:51 PM PST] InvestorsLive lol
[Jan 3, 2010 6:16:58 PM PST] patman but will all the call being made, its hard to determiner wich one i should jump in
[Jan 3, 2010 6:17:23 PM PST] BAs3ball my questions are the same as patman.
[Jan 3, 2010 6:17:32 PM PST] InvestorsLive determine what kind of trader you are – Muddy and I are different traders but in many cases the same
[Jan 3, 2010 6:17:34 PM PST] patman aka: someone called BIOD at 5.10 with a ‘all in buy’ and it just dropped to 4.40 in 3jhour
[Jan 3, 2010 6:17:36 PM PST] InvestorsLive we differe in this way
[Jan 3, 2010 6:17:40 PM PST] patman aka: extremly crappy advice
[Jan 3, 2010 6:17:42 PM PST] ko1 maybe IL can give a sign on the ticker (T) with T indicating twitter
[Jan 3, 2010 6:17:53 PM PST] InvestorsLive I look for the exact break and play a bit more size
[Jan 3, 2010 6:18:00 PM PST] bmon thats why you make sure the r/r is in your favor and get out with the pre determined exit
[Jan 3, 2010 6:18:06 PM PST] InvestorsLive Muddy plays smaller around $3k
[Jan 3, 2010 6:18:08 PM PST] InvestorsLive and has patience
[Jan 3, 2010 6:18:10 PM PST] InvestorsLive something I don’t have
[Jan 3, 2010 6:18:17 PM PST] bmon no good trader is going to take that big of a loss on one trade pat
[Jan 3, 2010 6:18:25 PM PST] patman i sill have a lot of learning/reading to do, and i know it
[Jan 3, 2010 6:18:44 PM PST] patman just want some ‘safe’ action to familiarize myself with trading
[Jan 3, 2010 6:18:49 PM PST] patman btw: pardon my crappy english
[Jan 3, 2010 6:18:53 PM PST] InvestorsLive patman that’s why we don’t give targets you should never follow someone – there is no one in here that knows when a stock is a 100% buy
[Jan 3, 2010 6:19:02 PM PST] sonid you have to look at the trade pics as well to determine on your own if it’s worth going into it
[Jan 3, 2010 6:19:14 PM PST] InvestorsLive what I would suggest is the following patman
[Jan 3, 2010 6:19:20 PM PST] InvestorsLive you’ve got certain individuals in bold
[Jan 3, 2010 6:19:31 PM PST] InvestorsLive then you’ve got Fugu and Chedhed which are OTCBB masters
[Jan 3, 2010 6:19:56 PM PST] InvestorsLive pedro – I think has got his game on the consolidation pattern perking up
[Jan 3, 2010 6:19:58 PM PST] InvestorsLive towards EOD
[Jan 3, 2010 6:20:02 PM PST] InvestorsLive I mentioned Thursday
[Jan 3, 2010 6:20:08 PM PST] DCobra look at a chart and what the volume for that day is and decide if that pick is going to go in your favor…then if it doesnt, cut it right away at your loss limit…thats what I try to do
[Jan 3, 2010 6:20:32 PM PST] InvestorsLive the reason I play the way I do is because my losses are much smaller than my gains
[Jan 3, 2010 6:20:42 PM PST] InvestorsLive in fact some people that are ‘stuck for a few days’ the ones that PM me
[Jan 3, 2010 6:20:48 PM PST] patman so far i lost about 2k total in stocks this year, but only started making quick win in the last two weeks or so
[Jan 3, 2010 6:20:53 PM PST] InvestorsLive there losses are never big… they just didn’t catch a winner
[Jan 3, 2010 6:21:11 PM PST] InvestorsLive I haven’t traded this year yet patman
[Jan 3, 2010 6:21:12 PM PST] InvestorsLive 🙂
[Jan 3, 2010 6:21:18 PM PST] patman 2009 ! hehe
[Jan 3, 2010 6:21:24 PM PST] DCobra lol
[Jan 3, 2010 6:21:40 PM PST] yyyguy how much loss do you accept? I’ve been trying to get out at a 4% loss.
[Jan 3, 2010 6:21:42 PM PST] InvestorsLive patman when did u join? u talking since u got here? I know u had some nice gains
[Jan 3, 2010 6:21:56 PM PST] dizzywoozy That’s the shoes I am in. I losses aren’t too big but I can’t catch the winner. I think I just don’t have the edge.
[Jan 3, 2010 6:22:07 PM PST] patman joined about 6-7 weeks ago
[Jan 3, 2010 6:22:11 PM PST] bmon it depends on your account size/what your comfortable with yyyy
[Jan 3, 2010 6:22:19 PM PST] patman i have about 30k in my account
[Jan 3, 2010 6:22:37 PM PST] DCobra 4% on a penny stock is pretty tight for a stop loss
[Jan 3, 2010 6:23:12 PM PST] pedro_go I agree DC, losses in pennystocks are bigger and faster
[Jan 3, 2010 6:23:12 PM PST] patman i am a small business owner and make a good amount of $$$ in my daily activites, for me stock trading is mostly a passtime that i can do while i work for home or in the morning before i leave
[Jan 3, 2010 6:23:17 PM PST] InvestorsLive also
[Jan 3, 2010 6:23:21 PM PST] InvestorsLive those that have smaller accounts
[Jan 3, 2010 6:23:33 PM PST] InvestorsLive I wouldn’t suggest the $1-3 stocks
[Jan 3, 2010 6:23:40 PM PST] InvestorsLive I would suggest like Muddy always has said in seminars
[Jan 3, 2010 6:23:46 PM PST] InvestorsLive he says $10-15
[Jan 3, 2010 6:23:51 PM PST] djsdream 🙂
[Jan 3, 2010 6:23:54 PM PST] InvestorsLive but I would suggest $6-10+
[Jan 3, 2010 6:24:08 PM PST] InvestorsLive because there are a lotta lotta nice trenders in the $6-10 range lately
[Jan 3, 2010 6:24:10 PM PST] bmon same here 5-15
[Jan 3, 2010 6:24:12 PM PST] sonid could you clarify what smaller accounts are classified as IL ?
[Jan 3, 2010 6:24:34 PM PST] InvestorsLive $5-10k range
[Jan 3, 2010 6:24:39 PM PST] InvestorsLive under 25k
[Jan 3, 2010 6:24:41 PM PST] sonid ok great
[Jan 3, 2010 6:24:47 PM PST] InvestorsLive not “smaller” to offend
[Jan 3, 2010 6:24:52 PM PST] InvestorsLive but smaller in a sense that under PDT
[Jan 3, 2010 6:24:57 PM PST] InvestorsLive but here’s the thing b/c
[Jan 3, 2010 6:25:10 PM PST] InvestorsLive where you may think a goods strat to put in 1/3 ur acct
[Jan 3, 2010 6:25:12 PM PST] InvestorsLive $10k
[Jan 3, 2010 6:25:17 PM PST] InvestorsLive in a stock at $6-10
[Jan 3, 2010 6:25:22 PM PST] InvestorsLive which is what I would probably suggest
[Jan 3, 2010 6:25:23 PM PST] ko1 why do I think for small accounts it’s better to follow bbstock 😀
[Jan 3, 2010 6:25:34 PM PST] ko1 small account playing $10 stock .. takes forever to grow
[Jan 3, 2010 6:25:37 PM PST] InvestorsLive $3k at $1 to $2 bucks
[Jan 3, 2010 6:25:41 PM PST] ko1 well now i have WTC, will play more of those
[Jan 3, 2010 6:25:43 PM PST] InvestorsLive can be quite a bit of a swing
[Jan 3, 2010 6:25:45 PM PST] ko1 $10stocks
[Jan 3, 2010 6:25:53 PM PST] InvestorsLive on a .10 to .20 move
[Jan 3, 2010 6:25:57 PM PST] patman any good documentation on graph analysis and how to determine entry/exit
[Jan 3, 2010 6:26:06 PM PST] bmon no it doesnt ko1 i grew my account on them
[Jan 3, 2010 6:26:07 PM PST] InvestorsLive yes patman June 28th seminar
[Jan 3, 2010 6:26:10 PM PST] InvestorsLive also
[Jan 3, 2010 6:26:18 PM PST] InvestorsLive back to basics and if u go back about 2 seminars
[Jan 3, 2010 6:26:23 PM PST] InvestorsLive there was Seminar notes
[Jan 3, 2010 6:26:27 PM PST] InvestorsLive I put all the links there
[Jan 3, 2010 6:26:35 PM PST] bmon 5k-______ built it nice
[Jan 3, 2010 6:26:44 PM PST] patman looking at right now
[Jan 3, 2010 6:26:47 PM PST] ko1 bmon, ok, but it’s hard with pdt, no ..
[Jan 3, 2010 6:27:06 PM PST] fairah if i have less than 5k in my account but margin enabled, can i still make 3 days in a 5 business day period ?
[Jan 3, 2010 6:27:21 PM PST] bmon well its harder thats why if i had to do it over again id join a prop
[Jan 3, 2010 6:27:25 PM PST] InvestorsLive no u can’t
[Jan 3, 2010 6:27:25 PM PST] fairah 3 day trades*
[Jan 3, 2010 6:27:29 PM PST] InvestorsLive fairah
[Jan 3, 2010 6:27:33 PM PST] djsdream well bmon…5k to ? inspire us
[Jan 3, 2010 6:28:04 PM PST] InvestorsLive u can hold over night and what not which doesnt count as daytrades but – anything more I’d check with ur broker or google it – lotta forums out there
[Jan 3, 2010 6:28:08 PM PST] bmon 6 figures ill just leave it at that ha
[Jan 3, 2010 6:28:09 PM PST] InvestorsLive oh ANOTHER THING
[Jan 3, 2010 6:28:14 PM PST] InvestorsLive guys if ur under PDT
[Jan 3, 2010 6:28:21 PM PST] ko1 yea bmon, props are the only way to go imo ..
[Jan 3, 2010 6:28:23 PM PST] InvestorsLive and on ur last trade aka u can’t sell or you’ll break the PDT
[Jan 3, 2010 6:28:26 PM PST] InvestorsLive DONT ENTER A TRADE
[Jan 3, 2010 6:28:28 PM PST] djsdream @#!!% good for you
[Jan 3, 2010 6:28:42 PM PST] InvestorsLive that’s what I started with too
[Jan 3, 2010 6:28:43 PM PST] InvestorsLive $5k
[Jan 3, 2010 6:28:47 PM PST] pjt6970 bmon-what time frame did u do that in?
[Jan 3, 2010 6:28:47 PM PST] ko1 IL, i’ve been playing o/n gapper so as not to use up the round trips
[Jan 3, 2010 6:28:47 PM PST] JJB bmon can now buy the fast food joint he used to work at
[Jan 3, 2010 6:28:58 PM PST] InvestorsLive in 03
[Jan 3, 2010 6:29:00 PM PST] bmon for sure i never entered a trade where id break pdt cuz then it can get ugly
[Jan 3, 2010 6:29:03 PM PST] djsdream started with 10 now down to 6 in a week
[Jan 3, 2010 6:29:06 PM PST] bmon lmfao jjb yes true
[Jan 3, 2010 6:29:17 PM PST] bmon daily charts/60 min ko1
[Jan 3, 2010 6:29:20 PM PST] InvestorsLive good on o/n ko1
[Jan 3, 2010 6:29:26 PM PST] bmon i mean pjt
[Jan 3, 2010 6:29:26 PM PST] InvestorsLive those are good lately – some continuation plays
[Jan 3, 2010 6:29:44 PM PST] ko1 some inspiration .. who is making lots of money?
[Jan 3, 2010 6:29:48 PM PST] ko1 consistent profit daily?
[Jan 3, 2010 6:29:49 PM PST] ko1 😀
[Jan 3, 2010 6:30:08 PM PST] fairah i started with 8 now have 1.7
[Jan 3, 2010 6:30:15 PM PST] ko1 ouch
[Jan 3, 2010 6:30:17 PM PST] patman IL, i have june 28th semiar, you were refering to another one, wich one it is ? 11-22 ????
[Jan 3, 2010 6:30:29 PM PST] dizzywoozy I am down 6k o.O
[Jan 3, 2010 6:30:30 PM PST] InvestorsLive http://www.investorsunderground.com/2009/11/09/seminar-notes-11-8-2009/
[Jan 3, 2010 6:30:32 PM PST] JJB there are a few of us who are in the 6 figure territory, just start small and slow and work your way up
[Jan 3, 2010 6:30:33 PM PST] djsdream 1.7? million?
[Jan 3, 2010 6:30:47 PM PST] tputs001 Are there any scans out there that lets us know whether a stock is creeping back up to its HOD ?
[Jan 3, 2010 6:30:55 PM PST] patman got it
[Jan 3, 2010 6:31:00 PM PST] InvestorsLive there are tputs001 but
[Jan 3, 2010 6:31:02 PM PST] jonnyslots as i recall there was one guy who traded 120 million in CENX
[Jan 3, 2010 6:31:02 PM PST] InvestorsLive I don’t use any
[Jan 3, 2010 6:31:06 PM PST] InvestorsLive I just scroll
[Jan 3, 2010 6:31:18 PM PST] InvestorsLive lets try to keep to a topic guys
[Jan 3, 2010 6:31:20 PM PST] tputs001 Well i’m asking because I’m at work when I trade so it is hard to monitor the market
[Jan 3, 2010 6:31:24 PM PST] InvestorsLive please getting all over the place
[Jan 3, 2010 6:31:30 PM PST] patman jonny -> it was a type from me, was more 1k than … 1000k !!!
[Jan 3, 2010 6:31:35 PM PST] InvestorsLive yea tputs001- there are some with equityfeed
[Jan 3, 2010 6:31:38 PM PST] patman err typo !
[Jan 3, 2010 6:31:45 PM PST] InvestorsLive patman/jonny plesae PM if u dont mind
[Jan 3, 2010 6:31:46 PM PST] InvestorsLive thanks
[Jan 3, 2010 6:31:51 PM PST] pedro_go Just signed up for EquityFeed
[Jan 3, 2010 6:31:52 PM PST] jonnyslots sorry
[Jan 3, 2010 6:31:56 PM PST] tputs001 Thank you.
[Jan 3, 2010 6:32:01 PM PST] InvestorsLive but equityfeed is good for my OTCBB scans and what not but
[Jan 3, 2010 6:32:03 PM PST] pedro_go PMAH released news tonight
[Jan 3, 2010 6:32:05 PM PST] InvestorsLive as far as intraday consolidation
[Jan 3, 2010 6:32:07 PM PST] InvestorsLive guys
[Jan 3, 2010 6:32:11 PM PST] InvestorsLive on topiccccccccccccc
[Jan 3, 2010 6:32:12 PM PST] InvestorsLive plesae
[Jan 3, 2010 6:32:17 PM PST] InvestorsLive seminar who cares about PMAH
[Jan 3, 2010 6:32:20 PM PST] InvestorsLive anyway
[Jan 3, 2010 6:32:25 PM PST] pedro_go sorry
[Jan 3, 2010 6:32:31 PM PST] InvestorsLive I just use the scroll feature with SpeedTrader
[Jan 3, 2010 6:32:41 PM PST] InvestorsLive just simply going up and down the scroll of stocks I quoted earlier
[Jan 3, 2010 6:32:45 PM PST] InvestorsLive and reviewing charts
[Jan 3, 2010 6:32:49 PM PST] InvestorsLive mainly stocks that took a big move in the AM
[Jan 3, 2010 6:33:06 PM PST] InvestorsLive the best trade I love is that one that runs big in the AM
[Jan 3, 2010 6:33:11 PM PST] InvestorsLive sideways… and that first move up
[Jan 3, 2010 6:33:25 PM PST] bmon yep thats my fav play too
[Jan 3, 2010 6:33:25 PM PST] InvestorsLive thats the morning trade pre 1pm ish
[Jan 3, 2010 6:33:29 PM PST] InvestorsLive after 1pm 2 pm
[Jan 3, 2010 6:33:38 PM PST] InvestorsLive my favorite and most successful is the HOD break w/ volume
[Jan 3, 2010 6:33:42 PM PST] InvestorsLive but WITH a trend
[Jan 3, 2010 6:33:51 PM PST] InvestorsLive something that has been moving.. had a big move in the AM
[Jan 3, 2010 6:33:53 PM PST] sonid so you look for consolidation after that first AM move and then watch it pull up
[Jan 3, 2010 6:33:54 PM PST] profit is speedtrader better then TD in opinion?
[Jan 3, 2010 6:33:56 PM PST] InvestorsLive sideways.. and now snuck back
[Jan 3, 2010 6:34:07 PM PST] bmon i use both profit and yes easily
[Jan 3, 2010 6:34:10 PM PST] InvestorsLive sonid yes because just like former runners
[Jan 3, 2010 6:34:14 PM PST] InvestorsLive traders remember……
[Jan 3, 2010 6:34:21 PM PST] InvestorsLive so if a stock took a big move 1 hr ago
[Jan 3, 2010 6:34:24 PM PST] InvestorsLive and now looks to rip again…
[Jan 3, 2010 6:34:34 PM PST] InvestorsLive I think they’ll remember that easier than a former runner from 5 months ago
[Jan 3, 2010 6:34:35 PM PST] InvestorsLive u know?
[Jan 3, 2010 6:34:58 PM PST] sonid right so is that where having a few monitors comes in handy to have multiple charts up at once to see if they are heading back
[Jan 3, 2010 6:35:19 PM PST] dizzywoozy so look at overall trend for the day and if it breaks decent resistance points like HOD with decent volume, chances are high it will continue to move up?
[Jan 3, 2010 6:35:26 PM PST] InvestorsLive yea I usually have 2 main ones right on my main screen that I use for scrollin sonid
[Jan 3, 2010 6:35:35 PM PST] InvestorsLive then if I’m in a few .. have them on right monitor
[Jan 3, 2010 6:35:41 PM PST] InvestorsLive then SPY at the bottom of right monitor
[Jan 3, 2010 6:35:57 PM PST] sonid ok great
[Jan 3, 2010 6:36:22 PM PST] InvestorsLive I also really like charts like PSUN
[Jan 3, 2010 6:36:32 PM PST] sonid yea you usually swing that one right
[Jan 3, 2010 6:36:33 PM PST] InvestorsLive http://bit.ly/8iCbEF
[Jan 3, 2010 6:36:40 PM PST] InvestorsLive not “usually”
[Jan 3, 2010 6:36:47 PM PST] InvestorsLive I said I was swinging 3 days ago or whatever
[Jan 3, 2010 6:36:51 PM PST] InvestorsLive that day I bought 3.54
[Jan 3, 2010 6:36:59 PM PST] InvestorsLive but I think thats a good chart to see
[Jan 3, 2010 6:37:01 PM PST] InvestorsLive the $3.50 range base
[Jan 3, 2010 6:37:39 PM PST] sonid yea
[Jan 3, 2010 6:37:56 PM PST] rb101 how do I get sound for IM chat to beep- won’t work?
[Jan 3, 2010 6:38:03 PM PST] yyyguy that’s a daily chart, do you always look at the daily before buying?
[Jan 3, 2010 6:38:08 PM PST] amberkeener on PSUN vol wss high all the way through… even on Tues @ 3.50… what’s in it’s future?
[Jan 3, 2010 6:39:19 PM PST] InvestorsLive I have no idea
[Jan 3, 2010 6:39:25 PM PST] InvestorsLive I’m not in anymore
[Jan 3, 2010 6:39:54 PM PST] profit is the TRIN good to monitor?
[Jan 3, 2010 6:39:56 PM PST] InvestorsLive yyyguy – no not always on the daily chart but most times
[Jan 3, 2010 6:40:06 PM PST] InvestorsLive like BPOP I dont look at daily
[Jan 3, 2010 6:40:11 PM PST] InvestorsLive and stuff during day like SEED
[Jan 3, 2010 6:40:21 PM PST] InvestorsLive that SEED entry was just momentum, volume price action
[Jan 3, 2010 6:40:32 PM PST] InvestorsLive I know what the chart looks like as you guys should.. I always look at prior charts that were good runners
[Jan 3, 2010 6:40:34 PM PST] InvestorsLive in past days
[Jan 3, 2010 6:40:43 PM PST] yyyguy looking for a support level, or trend, or both I guess?
[Jan 3, 2010 6:40:43 PM PST] InvestorsLive cuz when they sell off… that first day they get news.. and/or any reason to run
[Jan 3, 2010 6:40:46 PM PST] InvestorsLive they’re gonna pop
[Jan 3, 2010 6:41:19 PM PST] InvestorsLive if the stock has a trend intraday that I don’t need “further checking”
[Jan 3, 2010 6:41:29 PM PST] InvestorsLive then I’ll just long/short off hand
[Jan 3, 2010 6:41:34 PM PST] InvestorsLive like CENX I just watch with SPY most times
[Jan 3, 2010 6:41:54 PM PST] yyyguy what is SPY?
[Jan 3, 2010 6:41:58 PM PST] pedro_go sorry, but what is SPY?
[Jan 3, 2010 6:42:00 PM PST] InvestorsLive I play CENX whenever market is up/down a lot (+100 pts -100pts) etc
[Jan 3, 2010 6:42:10 PM PST] InvestorsLive S and P
[Jan 3, 2010 6:42:11 PM PST] InvestorsLive S&P
[Jan 3, 2010 6:42:17 PM PST] pedro_go ok, thanks
[Jan 3, 2010 6:42:25 PM PST] InvestorsLive I play CENX red/green etc just like EOD Friday
[Jan 3, 2010 6:42:30 PM PST] InvestorsLive I mean Thurs
[Jan 3, 2010 6:42:46 PM PST] InvestorsLive profit – TRIN no idea, don’t use it.. just noise most things
[Jan 3, 2010 6:42:53 PM PST] surfnut IL…a little more on consolidations…what to look for….those round numbers etc
[Jan 3, 2010 6:43:03 PM PST] InvestorsLive rb101 – check options at top
[Jan 3, 2010 6:43:21 PM PST] profit ok, thanks re TRIN
[Jan 3, 2010 6:43:22 PM PST] InvestorsLive what was one we played Thurs
[Jan 3, 2010 6:43:29 PM PST] InvestorsLive ID was it, or something I tihnk it started with P
[Jan 3, 2010 6:43:37 PM PST] InvestorsLive perfect example
[Jan 3, 2010 6:44:02 PM PST] InvestorsLive no wasn’t ID but thats a perfect example of the post 1PM move
[Jan 3, 2010 6:44:04 PM PST] InvestorsLive I was talking about
[Jan 3, 2010 6:44:13 PM PST] InvestorsLive http://bit.ly/5jjMqe
[Jan 3, 2010 6:44:22 PM PST] InvestorsLive u guys can see that right, I don’t need to draw a line
[Jan 3, 2010 6:44:26 PM PST] InvestorsLive 7.70 as top
[Jan 3, 2010 6:44:30 PM PST] InvestorsLive at 10am
[Jan 3, 2010 6:44:34 PM PST] InvestorsLive re-test 1pm
[Jan 3, 2010 6:44:38 PM PST] InvestorsLive then HOD break and the pop
[Jan 3, 2010 6:45:32 PM PST] pedro_go also a good buy at 12:30 on anticipation of breaking HOD
[Jan 3, 2010 6:45:43 PM PST] InvestorsLive also NVLT look at that chart
[Jan 3, 2010 6:45:56 PM PST] InvestorsLive http://bit.ly/4uSgZf
[Jan 3, 2010 6:46:09 PM PST] InvestorsLive post 1PM move where we bought
[Jan 3, 2010 6:46:19 PM PST] InvestorsLive I said to Pedro great alert if u check chat logs
[Jan 3, 2010 6:46:23 PM PST] InvestorsLive where we were entering
[Jan 3, 2010 6:46:28 PM PST] InvestorsLive same thing agian.. different chart
[Jan 3, 2010 6:46:34 PM PST] dizzywoozy on anticipation of breaking the previous HOD?
[Jan 3, 2010 6:46:39 PM PST] InvestorsLive same chart different ticker
[Jan 3, 2010 6:46:48 PM PST] InvestorsLive right anticipating or breaking
[Jan 3, 2010 6:47:06 PM PST] sonid 2.62 great entry point
[Jan 3, 2010 6:47:37 PM PST] dizzywoozy so plausible to read 2.5 as a good support and if it breaks, get out?
[Jan 3, 2010 6:47:44 PM PST] InvestorsLive [Dec 31, 2009 10:41:49 AM PST] InvestorsLive (Dec 31-13:27) pedro_go: NVLT might break consolidation and give us another run
[Jan 3, 2010 6:47:59 PM PST] InvestorsLive right
[Jan 3, 2010 6:48:03 PM PST] InvestorsLive zactly dizzy
[Jan 3, 2010 6:48:09 PM PST] InvestorsLive that’s why I play those kinda because if it doesn’t work
[Jan 3, 2010 6:48:13 PM PST] InvestorsLive I know where I need to take a loss
[Jan 3, 2010 6:48:17 PM PST] InvestorsLive vs. going in a stock blind
[Jan 3, 2010 6:48:30 PM PST] InvestorsLive based on just it being hot or something…. where do u stop out? where do u exit etc
[Jan 3, 2010 6:49:03 PM PST] yyyguy so on NVLT the consolidation was on low volume, did you buy on the volume spike at around 1:40PM?
[Jan 3, 2010 6:49:23 PM PST] InvestorsLive whenever I commented back to pedro and said hell ya
[Jan 3, 2010 6:49:28 PM PST] InvestorsLive not on my trading PC otherwise I’d get it for u
[Jan 3, 2010 6:49:33 PM PST] InvestorsLive but yea that HOD break
[Jan 3, 2010 6:49:39 PM PST] yyyguy I mean in general
[Jan 3, 2010 6:49:40 PM PST] InvestorsLive right hwen it started to gear
[Jan 3, 2010 6:49:49 PM PST] InvestorsLive u can see that gearing early
[Jan 3, 2010 6:49:51 PM PST] InvestorsLive 2.50 base
[Jan 3, 2010 6:49:54 PM PST] InvestorsLive and starting to perk up
[Jan 3, 2010 6:50:08 PM PST] InvestorsLive that was like text book gearing/consolidation/perking and breakout
[Jan 3, 2010 6:50:16 PM PST] ko1 IL, but it could also go back down from 2.60, no?
[Jan 3, 2010 6:50:32 PM PST] InvestorsLive it could ya
[Jan 3, 2010 6:50:36 PM PST] InvestorsLive but ur in green…
[Jan 3, 2010 6:50:38 PM PST] InvestorsLive half the battle
[Jan 3, 2010 6:50:47 PM PST] InvestorsLive same consolidation on AENY early
[Jan 3, 2010 6:50:57 PM PST] yyyguy so if it is consolidating off of a high, and starting to rise, volume isn’t as important?
[Jan 3, 2010 6:51:02 PM PST] InvestorsLive http://bit.ly/6KPPIj
[Jan 3, 2010 6:51:10 PM PST] InvestorsLive whole number
[Jan 3, 2010 6:51:12 PM PST] InvestorsLive $4 held
[Jan 3, 2010 6:51:16 PM PST] InvestorsLive big rip outta open
[Jan 3, 2010 6:51:18 PM PST] InvestorsLive consoldiation
[Jan 3, 2010 6:51:23 PM PST] InvestorsLive perked back up broke HOD
[Jan 3, 2010 6:51:27 PM PST] InvestorsLive same thing diff ticker
[Jan 3, 2010 6:51:46 PM PST] yyyguy yeah, not much volume there either
[Jan 3, 2010 6:51:47 PM PST] sonid right so you would be watching it because of it’s hod earlier in the day and just wating for consolidation then entering to beat the exact breakout point because if it fails you have a small gain
[Jan 3, 2010 6:52:02 PM PST] InvestorsLive there was vol yyyguy – its an OTCBB
[Jan 3, 2010 6:52:06 PM PST] InvestorsLive it doesn’t trade 20m shares
[Jan 3, 2010 6:52:19 PM PST] InvestorsLive but yes less volume and gearing… consolidating upwards
[Jan 3, 2010 6:52:22 PM PST] pedro_go I guess consolidation happen smoothly with lower volume, and once we se a lot of vol coming in then consolidation breaks out and pps jumps
[Jan 3, 2010 6:52:34 PM PST] InvestorsLive it was IDN
[Jan 3, 2010 6:52:39 PM PST] InvestorsLive flywest had the call
[Jan 3, 2010 6:52:44 PM PST] yyyguy right, I just meant relative to the spikes
[Jan 3, 2010 6:52:59 PM PST] InvestorsLive [Dec 31, 2009 7:29:40 AM PST] flywest IDN nice inch [Dec 31, 2009 7:30:00 AM PST] InvestorsLive IDN good heads up [Dec 31, 2009 7:30:18 AM PST] InvestorsLive eyeing that now 4.25 break w/ vol could send it back
[Jan 3, 2010 6:53:01 PM PST] InvestorsLive right there
[Jan 3, 2010 6:53:04 PM PST] InvestorsLive flywest called the inch
[Jan 3, 2010 6:53:10 PM PST] InvestorsLive it was breaking upwards off consolidation
[Jan 3, 2010 6:53:12 PM PST] InvestorsLive inching back up
[Jan 3, 2010 6:53:14 PM PST] ko1 on NVLT chart, $2 rose to $2.6, then back down again, then it retest HOD $2.6; my question is it could also go back down to $2, no? why are you so confident that after that retest $2.6, it will go up ? Is it almost always the case?
[Jan 3, 2010 6:53:27 PM PST] InvestorsLive then that psychological break of $2.25
[Jan 3, 2010 6:53:32 PM PST] InvestorsLive that I called and as soon as it broke
[Jan 3, 2010 6:53:35 PM PST] InvestorsLive ba bammmmmmm
[Jan 3, 2010 6:54:24 PM PST] dizzywoozy So with IDN, i am seeing a similar pattern…high and then consolidation. But except it continued to drop. How do we see that or do we just get out if it happens?
[Jan 3, 2010 6:54:45 PM PST] InvestorsLive IDN didn’t continue to drop
[Jan 3, 2010 6:54:50 PM PST] InvestorsLive u don’t see the move?
[Jan 3, 2010 6:54:54 PM PST] InvestorsLive 4.25 hit 4.80
[Jan 3, 2010 6:54:55 PM PST] InvestorsLive that’s huge
[Jan 3, 2010 6:55:06 PM PST] InvestorsLive went straight up on the 4.25 break
[Jan 3, 2010 6:55:20 PM PST] InvestorsLive then took an hour to break back under 4.50
[Jan 3, 2010 6:55:27 PM PST] dizzywoozy But say i came in late and entered it when it came off the 4.83
[Jan 3, 2010 6:55:55 PM PST] InvestorsLive so then you have a base there
[Jan 3, 2010 6:55:55 PM PST] InvestorsLive 4.50
[Jan 3, 2010 6:56:00 PM PST] InvestorsLive if it breaks under u should be selling out
[Jan 3, 2010 6:56:16 PM PST] InvestorsLive but I wouldn’t recco the 3rd 4th 5th
[Jan 3, 2010 6:56:18 PM PST] InvestorsLive usually always get weaker
[Jan 3, 2010 6:56:25 PM PST] InvestorsLive I like the 2nd one
[Jan 3, 2010 6:56:26 PM PST] dizzywoozy Ahh ok.
[Jan 3, 2010 6:56:29 PM PST] InvestorsLive usually one good initial re -test
[Jan 3, 2010 6:56:34 PM PST] InvestorsLive then each one gets weaker
[Jan 3, 2010 6:56:37 PM PST] InvestorsLive then post 1-2pm
[Jan 3, 2010 6:56:43 PM PST] InvestorsLive late ones are good
[Jan 3, 2010 6:56:59 PM PST] sonid thats great to know
[Jan 3, 2010 6:57:10 PM PST] yyyguy so you set your stop losses based on where the support is?
[Jan 3, 2010 6:57:30 PM PST] InvestorsLive I play off support levels…
[Jan 3, 2010 6:57:34 PM PST] InvestorsLive if it breaks support I dont want it
[Jan 3, 2010 6:58:17 PM PST] dizzywoozy So on the short side, it’s similar except inverse? – LOD, up move/consolidation, then another move down?
[Jan 3, 2010 6:58:52 PM PST] InvestorsLive 4ith5
[Jan 3, 2010 6:58:54 PM PST] InvestorsLive right
[Jan 3, 2010 6:58:59 PM PST] InvestorsLive look for the fade
[Jan 3, 2010 6:59:03 PM PST] InvestorsLive like on same example
[Jan 3, 2010 6:59:04 PM PST] InvestorsLive ID
[Jan 3, 2010 6:59:07 PM PST] InvestorsLive tops out
[Jan 3, 2010 6:59:11 PM PST] InvestorsLive look for the fade under its support levels
[Jan 3, 2010 6:59:14 PM PST] InvestorsLive aka $4.50 in that time frame
[Jan 3, 2010 6:59:15 PM PST] InvestorsLive u were talking
[Jan 3, 2010 6:59:30 PM PST] dizzywoozy Right and play that short side in the afternoon..
[Jan 3, 2010 6:59:50 PM PST] InvestorsLive if its that chart and fades
[Jan 3, 2010 6:59:52 PM PST] InvestorsLive but not if its gearing
[Jan 3, 2010 6:59:54 PM PST] InvestorsLive and inching up
[Jan 3, 2010 7:00:16 PM PST] dizzywoozy gearing is moving in large moves?
[Jan 3, 2010 7:00:36 PM PST] InvestorsLive no
[Jan 3, 2010 7:00:41 PM PST] InvestorsLive just what I explained earlier
[Jan 3, 2010 7:00:44 PM PST] InvestorsLive perking up off consolidation
[Jan 3, 2010 7:00:48 PM PST] InvestorsLive lil bit at a time
[Jan 3, 2010 7:00:51 PM PST] InvestorsLive volume returning
[Jan 3, 2010 7:00:54 PM PST] InvestorsLive gearing up ready to go
[Jan 3, 2010 7:01:00 PM PST] dizzywoozy oh got ya.
[Jan 3, 2010 7:01:49 PM PST] InvestorsLive alrighty guys!
[Jan 3, 2010 7:01:52 PM PST] InvestorsLive great night!
[Jan 3, 2010 7:01:56 PM PST] InvestorsLive feel free to email me if more questions
[Jan 3, 2010 7:02:03 PM PST] tputs001 Thanks for your help IL
[Jan 3, 2010 7:02:09 PM PST] InvestorsLive Dave was real helpful I will have a copy of that for u guys tomorrow
[Jan 3, 2010 7:02:11 PM PST] pedro_go yeah Thanks for everything
[Jan 3, 2010 7:02:12 PM PST] sonid thanks
[Jan 3, 2010 7:02:13 PM PST] InvestorsLive feel free to email him as well if questions
[Jan 3, 2010 7:02:14 PM PST] dizzywoozy Yah thanks a lot.
[Jan 3, 2010 7:02:18 PM PST] InvestorsLive they are awesome on phones
[Jan 3, 2010 7:02:41 PM PST] BAs3ball Thank You
[Jan 3, 2010 7:02:49 PM PST] blackjack thank you
[Jan 3, 2010 7:02:50 PM PST] InvestorsLive welcome guys see ya’ll tomorrow!
[Jan 3, 2010 7:02:56 PM PST] mindstatements thanks IL for hookin this up
[Jan 3, 2010 7:02:58 PM PST] sonid see ya
[Jan 3, 2010 7:03:17 PM PST] dwarfjesus Go Jets!!!!
[Jan 3, 2010 7:03:36 PM PST] domino broncos died
[Jan 3, 2010 7:03:39 PM PST] BAs3ball Go Cowboys
[Jan 3, 2010 7:04:00 PM PST] patman thanks for the info IL
[Jan 3, 2010 7:04:02 PM PST] patman glad to be here !
[Jan 3, 2010 7:12:43 PM PST] profit goodnite group
0 Comments