My thoughts: Some beat chart examples… and why long biased …..
But what else?
Put ’em in the comment section!
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When do you use different routes w/ SpeedTrader? Can you give some examples?
Hello,
Can you tell us how you get your nightly scans and how u look for charts when you get the scans? I know you have the scans in the scan page but wanted to know if you can go over it in depth?
I spent the last seminar going over that in depth…. What questions do you have beyond that?
Other than that it’s the scan link posted to give me results on stockhouse
ARe the 3 fav charts the only 3 things you use or are ther many others?
How long does consolidation have to take place before a perk?
Whats the best way for a newcomer to study this method of trading? How did you learn it?
Why you anonymous lol … Speak ! Have a voice !
Clicking the New Member page is the BEST way that’s why I made it … go through each suggested seminar… and you’ll start to see it happen over and over again … with all charts I’ve gone over. You’ll see the type of charts I trade vs. random charts
which scans are for intra-day? I second Dee, if you can go over the scan in more depth or give us a link for some posts it would be nicer..
I wish you guys would review the new member page like I suggest…..
Our last seminar answers all of this in depth….
Yo I dont be asking about intraday homie I was talking about nightly scans homes!!!
1. How do you decide the trend “turning point” or the bottom/top? any candlestick pattern + volume?
2. When would you buy at/near close? What will lead you to decide to hold a long or short position O/N?
Can you review the setup that gaps, craps and then goes red to green to fill the initial gap? I always seem to see this setup too late and would like to refine my system to catch these plays earlier. Thanks.
Sorry. Double dipping on the questions this week.
Do you ever get “screen fatigue”? And, are there any techniques you use to overcome restlessness when you can’t find any interesting setups?
From one newb to another…I recommend studying the “back to basics” powerpoint presentation on 7/11/2011. I went though it a second time and it really helped paint a more clear picture… So on to my question – As a newb with a small account we are tied by the hands of the PDT rule. I would like to know what steps the seasoned veterans took to get through it ??? Some are limited to daytrade, so swing trading would be the way to go most of the time… What is the best way to learn that a stock has the potential to push higher daily, weekly etc.. (since some of us can’t monitor the stock for the majority of the day)???
I noticed from time to time InvestorsLive and Muddy will not a stock having nice accumulation (ie BHRT las week), what tools do you use to determine this? Is it the EquityFeed package?
Yes it’s the accumulation scan I went over last seminar
Does Muddy use the same tool?
Yes we went over that last week, look at last weeks seminar it is the accumulation scan 75% on ask.
Is it difficult to make $300 a day if I have a 5K account with Broad St?? And Im anynomouus cause Im afraid my questions are stupid.
YES I AGREE WITH DEE I WANNA KNOW HOW YOU BE GETTING THOSE NIGHT SCANS CAN WE GO OVER THAT??????
Too late for my question? I find it very hard to follow you guys in the chatroom and focus on so many stocks. How do I know the best stocks to focus on (say 2 or 3) and trade with those? I just keep losing $$ to be honest. How bout you do some trading for me. 🙂 Sadly, I need to make back about $15k. When do you cut your losses? At 10% and what if the stock comes back? And lastly, do you rely on reading the charts and candlesticks to determine when to buy and sell or is it solely based on past experience with a similar pattern you’ve seen before? BTW, I have gone over your ppt’s a few times but I still don’t necessarily “see” what you see. Would love to get that good one day but don’t want to lose too much more $$. Started using too much in the beginning, that’s why I’m down so much. Thanks
I wouldn’t focus on 2-3 stocks but follow 1-2 traders in chat – traders whom you understand the best (like IL). Also – – – 10% loss? . . . you got to max out your losses at 2% MAX – – if your position goes against you more than 2% then your reason or timing for the trade WAS WRONG, admit it and get out. If the reason was right but timing was wrong (entry) – you can reposition at a better price.
Good advice re: be wrong and admit it.. Move on
Is it possible you could do a step by step video tutorial on how you get the scan? MP3 Audio version would be nice, or some sort of a power point with Audio version. I think it will really help us out, or at least makes us practice coming up with our own watch list and comparing it to the master watch list which would be yours.
Ya I’m working on a DVD at some point to cover this
I went over in depth how to scan last seminar .. And the other I click the scan link for ideas .. Also from prior scans
I just spent two hours going through your last Seminar “Back to the Basics”, it was great. Learned a lot, I like to go read it from top down again and lock down all the ideas. I’d love to see your video, that would be great, and possibly if you could do like full day video of yourself trading and using your scans showing people when you get the scan, how you execute them and how you leave some alone.
I have a question regarding CBAK. She had a parabolic open to $1.37 on Friday, and over the day it kept fading. I got in at 1.28 which was 50Day EMA, but it also had more afternoon fades. Tested $1.20 a few times. From your last week’s seminar I think this counts as a “Perking Down” “Gearing Down”. If you have a second, is it possibly you’d look at the 1day chart and tell me your thoughts.
I wanna make sure if it’s in fact a “Gearing Down” trend, I’d take pre-cautions in the pre-market tomorrow, since I think we’ll have a red day due to the issues in DC.
Sorry I should’ve clarified, I’m down $15k but that’s an accumulation from other websites, stock chat rooms and my on idiotic choices, not from Investors Underground.
I wanna know if you make so much $$$$ why dont you open a HEDGEFUND and make even more $$$$$$$$$$$$$?
Why would I give myself a head ache taking other peoples money when it’s not going to do me any good? I have enough to trade the way I do…
What charting package are you using. I have IB and some charts appear only as dots when you indicate that there is a “good pattern”.