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Post them under the comment section below
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Any and all questions!
Read this before joining Sunday, BE FAMILIAR WITH IT
Post them under the comment section below
See you Sunday DO NOT MISS IT
Can you go over in details how to take positions when HOD / LOD is mentioned in the chat? I am getting confused. There is seminar already and read through that but maybe some examples again?
Along the same line, can you post a screenshot of the monitor for just the scottrade HOD / LOD list section and how to efficiently use it with the posted watch lists?
would you please reiterate that Investors Underground is not to be confused with Stock Hideout and that random nonsense that is posted throughout the trading day will not be tolerated? Along those lines, would you consider a posting ban for people on a trial membership? There’s been too much noise lately and it’s very distracting when most people are in the chat to trade ideas and alerts.
When approaching a parabolic in which the price action is relatively atypical, what are indicators that one can observe to determine entry points. Exits are only hindered by greed, assured by certainty, or extenuated through false pretensions of hope, but entry points are the key to the most efficient and effective trade. You speak of instinct in such trades, but instinct is a preconditioned response to a external stimuli. What are the stimuli and how can we learn to observe them more effectively?
Can you explain how you use volume when shorting stocks? Are there different volume clues to look for in a parabolic move compared to a fader?
Is there always a way out when a stock its crashing or crashed? can you ever get stuck with shares an never not sell them?
I noticed a member in the chat went long on a s/s position earlier this week due to misinterpretation of an alert. Is it possible to set some new guidelines to avoid this from happening in the future?
Daily prep is what we do around here we have a scrolling message every time you log in with chat rules and acronyms … If people don’t want to read that’s what happens ….
Could you list and discuss what you regard as the essential steps to daily preparation.
Would like to hear what prep you recomend both inside the web site and outside on the net.
Agreed. Would love to hear the same as well.
I have been trying different settings at Finviz… What settings do you use for your accumulation scans? Maybe they are not even done at Finviz?
Question for the seminar: I watched you nail the BVSN bounce around $35 the other day as it was collapsing and ride it up $1 or so. The timing was very good and when I see you alert BOUNCE PLAYERS, I wonder what specific technical indicators you are watching to determine when to buy for the quick scalp on the bounce. How do you know it is tie? I often THINK I am ready to buy he dip and play the bounce only to see it drop much further.
Question for the seminar: I often see people refer to a stock being “oversold” or “overbought”. What technical indicators are used to determine if a stock is either of these two conditions? I am scouring the website but would appreciate any direction in locating the resources to learn these things.
I have 3 related questions main (and multiple sub questions) about how to work a trade. These are probably reasons I keep on losing money.
1.) How you set the stop limit for trades?
a. Do you use immediately last support/break out level?
b. Do you use an interday support level or dollar point?
c. How do you exactly determine how wide your stop should be? Say for example on JIVE s/s how high was you stop?
2.) How do you scale in (or add size) to your trade from small size to full size? For this let look at that SYNC long from Thursday.
a. When entered initially around 7.50s/7.40s should have used 10% size?
b. When it slipped to 7.20s, was the time go to full size like some ppl in chat did?
c. Or did wait till rebound to 7.30s to actually 100% size?
3.) How do you gradually cover profits (scale out of trade)? Lets look at SYNC again
a. Did sell some longs in 7.40s?
b. Did you just wait for rebound to 7.50s to sell 100% of it off?
c. Would hold on to any shares (say 10%) after rebound to 7.54s to see if it could go higher? Or just take all the profits then?
Thanks in advance!
This isn’t a good question but I just wanted to learn a little more about you. What got you interested in day trading? How long did it take you to trade profitably and become a full time trader? Do you think with hard work there’s a chance noobs just starting out can become at least half as good as you? Just want to know a little more about you and your mindset since Ive never known a daytrader as successful as yourself. Thx btw if you’re not comfortable talking about yourself just go ahead and skip this question since there are much better ones to get to.
You talk a lot of risk/reward being in your favor. I understand how to determine my risk on a given trade, but how do we gameplan or pre determine a reward area? Is there a way to tell if a trade I’m about to enter has a reward:risk of 1:1 or 3:1?
Can you explain how you often predict that a stocks going to gap and rip or open weak and test R/G I’ve been studying your watch lists and I cant figure out the pattern, the commonality of how you accurately do this all the time. I’m often long biased when your short and vs versus, Im losing money and your making money so it must be something wrong with my thought process while charting. I know how to recognize the basic S/R, recognize a potential B/O and getting better with over extended charts but that’s about it.
Second. I’m confused as to how to utilize the HOD list. From reading lots of seminars I concluded that if a stock was a former runner/HOD around a even number that it was a automatic play but after losing money this way I guess its not. Is the HOD list just to look for whats ran a bunch and wait for it to pull back and set up? Not actually play things while their at their HOD? Whats your thought process when you see a high day ranger on the HOD list.
Also, I don’t know if this is feasible but could you give us noobs a checklist of some kind to go through before we enter a play to ensure that we’re not being a sucker. I think this would help us develop the correct thought process before every play instead of just buying random stocks. I’m not asking you to give us the exact plays just a thought process to go through before each play, you do this instinctively now since you’ve been trading so long but for me I’m all over the place.
Muddy, Nate, & Laura, I would love to study the charts of a few successful trades you made this week. Would you mind please selecting 3 each and giving your entry and exit points? Nothing like case studies.
Just log on to profit.ly and select whichever you’d like for me – or any day in chat I post them live
If you have a specific question feel free to ask
sorry for the late post. i apologize.
SNDY, this past friday, hit your scan at around .013. i should note, i’m trying not to chase pops anymore. so as i was watching, i made notice of the vol. was watching decent size blocks come across. 100Kshares +. it then dipped to around .0124 or so and popped right back. i wanted to take an entry at .013 but it went way to fast. so i sat back and watched. it shot up almost to .0146. i knew this was too fast, and wasn’t willing to chase, i set my order at .013 waiting for it to come back and fill that gap on that pop. it dipped back to .0132 and never filled my order. then took off again. i still didn’t want to chase. so after all of this, heres the question. when do you go in and hit the ask, when you see this pattern? or are you always trying to grab the bottom of the dip? hindsight, i could have set my order at .0135 and filled and still been happy, but i figured it would dip back to .013 and take off again.
thanks