Seminar Monday Night 8PM EST – May 30th

by | May 26, 2011

Please use the comment section for questions.

Also new members please review the “New Members” page prior to Monday so you have a feel for how we do it!

12 Comments

  1. What’s the best setup/niche of every bolded member in the chat? 

    Reply
  2. hey naterecently Muddy said he would be willing to pay 200.00 a month for the 9.00 scan he receives.Question-What 5 things do you and muddy start with each trading morning that you could not live without?Listed in order of most valuable”must have”
    ie my list-1. Interactive Brokers2. Investors Underground Chat3. TOS charts4. Scanner5. SPY screen up all day
    thanksRandy
     

    Reply
  3. Can you talk about how to trade pre market/after market… what kind of stuff do you look to play and is it the same setups?
    One example is I’ve been seeing the stocks that gap up big premarket usually have follow thru during the day… is that a setup to look for? 
    Talk about what you’re looking for when you trade pre-market /after hours.

    Reply
  4. How do you think about reward-vs-risk in your trades?  Sometimes I have
    seen you post that you are risking $1500, and then take profits of
    $300.  (and other times you post profits of much greater than $1500) 
    You often hear traders talk about taking trades only if they have a
    reward-to-risk of 2x or 3x, or they’ll take a trade with R/R of 1x if
    the win rate is greater than 50%.  Since your win rate is something like
    80%, do you find yourself taking trades of 0.2x – 0.5x R/R?

    Reply
  5. How do you become long or short biased for a particular stock?  For a
    pump-and-dump, it makes sense to be short biased (i.e. short any spikes)
    once the dump has started.  But, for example, why where you
    short-biased on LNKD?  And for charts, if a chart has had a 1 day run:
    long biased vs. if a chart has had a 2-3 day run: short biased. 
    Something like that?

    Reply
  6. Can you explain a little about how you “eyeball” the support of a chart.

    Reply
  7. can you explain “the low/high float”?  is this something you look at before you buy?

    Reply
  8. From past experience do pre-market gainers always have big gaps when they open. As in, is the risk reward better if you get into a position on a very high volume pre-market stock that has been up from the previous day. For example this week, the winners from Pre-Market all were great such as (FTWR, QTWW and SIFY). 

    Reply
  9. hy, can you tell something about working with open positions. When you enter after the panic, and you get the bottom. I often see that you are closing in 2 or 3 parts. So is there any rule that you have, when to take all out and when to scale out. And how do you manage position when you take first profits and than trade starts to go against you and it goes past the price on which you took first profit. Are you closing when price is still rising or do you wait for first red canlde or do you go out based on level2.

    Reply
  10. Now that the new OTC Level 2 retail size display rules have been in effect for a little while, what is your take on it.  Good or bad for traders?

    Reply
  11. Can you explain what you mean by follow ups? Like you said that it should be o.k to hold a stock o/n, but if it did not have a follow up then exit first thing in the a.m.

    Reply
  12. Could you give an example of what makes an accumulation scan different from a consolidation? Is there an easy way to tell the difference?

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *