Post questions below – ASK THEM .. anything goes
Your question is probably someone else’s … so if you’re afraid to ask .. don’t be….
See you Sunday Night 8PM EST!
603-635-4914
Post questions below – ASK THEM .. anything goes
Your question is probably someone else’s … so if you’re afraid to ask .. don’t be….
See you Sunday Night 8PM EST!
What consistent reliable patterns should I be aware of for intraday trading and what times should I commit to being in front of my computer screen during the day to make trading my primary field of work?
I would suggest starting with the webinar at the top of the new members page before Sunday given that you just joined – this outlines them all
Also obviously be here on Sunday and if more questions but make sure you get a good feel for what we do prior! It’ll make it that much better
This week i have left alot on the table. Can you go over your plan on how you take profits? Honestly, i take profits when I am satisfied with my profit where i can make a quick few hundred. But i would like to figure out a strategy. I know alot of times you take off 1/2 or 1/3 and ride the rest. What indicators are you using to decide when to take profits, or do you figure it out based on price movement?
here is a few examples.
I went long on UVXY on wed at around 10:30am at 14.57. it went up to 14.85 and then started down a bit to 14.77 at around 11:15. at this point I sold. and if you look it went up t o15.15. I know hindsight is 20/20. I was day trading this on wed for the long.
(i had same type issue when i was shorting UVXY on thurs. took the profits too early instead of waiting). both times left alot on table. Never jumped back in because i didn’t want to chase.
i was short on FOLD on friday at $4.21. i think on one of your alerts. it went down to 4.01 and up to 4.10. i covered at 4.09. I covered because i thought it may reverse and go back up. and of course it went down to 3.85.
I find i take the small profits, because i am afraid of giving it back.
I know this is an exhausted question, but if you would, elaborate on how you pick the tops of entries every time. I have watched every entry you have made in chat and stalked the charts from scan so I can see the price action but I still dont see what you see. If you could provide some details, that would awesome!
Would you please go over your Equity Feed settings again?
When looking at volume, what do you look for specifically if you decide to take or exit a position?
Also, same question, but with respect to Level 2/Time & Sales.
If a stock is passing its 52-week highs by a few pennies, how can you tell if it looks weak or not? If it is weak, is it ideal to take a short position if previous support merits a .50 profit, keeping your losses tight at .10?
i know you have many edges, but can you tell me which one is the edge you will take 10/10 times, and why that one is your best edge?
Have a question regarding size. As a momentum trader that likes to play big position to maximize your profits (that’s what I have noticed). How can you do it and keep your losse around $500? What’s your thought process and how you approach your entries?
I have several questions about level 2:
1) Why is it that sometimes level 2 displays best bid that is greater than best ask?
2) Let’s say a stock has $10 as best bid and $10.02 as best ask. When placing market order, sometimes the order gets executed at like $10.0199. Why does this happen?
3) In the above example, is there a difference if you place a market order versus $10.02 limit order?
4) With promo plays, I notice that during panic, for example, T&S displays sell orders executed that are lower than the current best bid. Why does this happen?
5) With stocks, I notice that sometimes big blocks go off out of no where without really impacting the price. These big blocks don’t seem to have been hit on the bid/ask. Where do these blocks come from?