[Sun Jan 18 17:00:05 EST 2009] InvestorsLive alrighty guys.. we’ll do it like last time…
[Sun Jan 18 17:00:08 EST 2009] lighter ok im off the bed. laters
[Sun Jan 18 17:00:14 EST 2009] InvestorsLive lol
[Sun Jan 18 17:00:16 EST 2009] lighter kidding
[Sun Jan 18 17:00:18 EST 2009] lighter lets do this
[Sun Jan 18 17:00:23 EST 2009] InvestorsLive please just mods from this point
[Sun Jan 18 17:00:29 EST 2009] InvestorsLive we’ll do questions you can PM me
[Sun Jan 18 17:00:33 EST 2009] InvestorsLive Muddy can start
[Sun Jan 18 17:00:38 EST 2009] InvestorsLive please leave the channel open tho
[Sun Jan 18 17:01:20 EST 2009] InvestorsLive Stock Fetcher scans were very popular amongst all of you
[Sun Jan 18 17:01:30 EST 2009] Seq i dont like them
[Sun Jan 18 17:01:31 EST 2009] Muddy first a question i got in email…no,scott isnt available in Canada
[Sun Jan 18 17:01:52 EST 2009] Seq i find them easy to use for scans
[Sun Jan 18 17:01:57 EST 2009] Laura Seq, no typing now
[Sun Jan 18 17:02:05 EST 2009] Laura Send comments or questions to IL
[Sun Jan 18 17:02:14 EST 2009] InvestorsLive Yes please send to me, please keep channel open
[Sun Jan 18 17:02:25 EST 2009] Muddy then i got this ..”hey are the top gainers and combo scan weighted towards potential shorts”
[Sun Jan 18 17:03:54 EST 2009] Muddy the darksides,the top gainers are short biased…the combo scan ,no it’s mainly for me the longs…red to green or pre market leaders that show up,sometimes a jump on green if they match
[Sun Jan 18 17:04:26 EST 2009] Muddy i look at the chart,try to see where resistance is in the last week
[Sun Jan 18 17:04:43 EST 2009] InvestorsLive (guys can send me PMs for questions in the mean time)
[Sun Jan 18 17:05:19 EST 2009] Muddy first for the top darkside ones….
[Sun Jan 18 17:05:59 EST 2009] Muddy i put down first for those watches…
[Sun Jan 18 17:06:20 EST 2009] Muddy the ones that “failed” from the day before….
[Sun Jan 18 17:06:34 EST 2009] Muddy the ones that were green for the day
[Sun Jan 18 17:07:12 EST 2009] Muddy so you then get the ones that are on a streak….
[Sun Jan 18 17:07:40 EST 2009] Muddy ones the maybe have run 2,3,4 or more days in a row…
[Sun Jan 18 17:08:01 EST 2009] Muddy then i go back to the ones the day before….
[Sun Jan 18 17:08:12 EST 2009] Muddy and look at their chart..
[Sun Jan 18 17:08:47 EST 2009] Muddy if they are still up say 40% in last few days,i’ll keep those too..
[Sun Jan 18 17:09:13 EST 2009] Muddy then i run the 8% in 1 day on SF…
[Sun Jan 18 17:09:38 EST 2009] Muddy and sort by % gained for today…
[Sun Jan 18 17:10:14 EST 2009] Muddy i take usually any over 25% for the day..
[Sun Jan 18 17:10:48 EST 2009] Muddy these are the ones over $1,by the way…
[Sun Jan 18 17:11:16 EST 2009] Muddy then I do this scan …
[Sun Jan 18 17:11:30 EST 2009] Muddy 25% gained in last 2 days..
[Sun Jan 18 17:11:58 EST 2009] Muddy and chart those,looking for the bigger gainers…
[Sun Jan 18 17:12:52 EST 2009] Muddy then i go to,gained 45% in the last 6 days….and if not down about 4% or more for today i’ll add them…
[Sun Jan 18 17:13:27 EST 2009] Muddy then all that is left are the under $1 stocks..
[Sun Jan 18 17:13:33 EST 2009] Muddy this is easy…
[Sun Jan 18 17:14:14 EST 2009] Muddy i do gained more that 25% in last 2 days,and sort by highest gainers for TODAY..
[Sun Jan 18 17:14:42 EST 2009] Muddy i use a cutoff of about 800,000 shares volume….
[Sun Jan 18 17:14:51 EST 2009] Muddy and then add those.
[Sun Jan 18 17:15:17 EST 2009] Seq total max capitulation 800k
[Sun Jan 18 17:15:29 EST 2009] InvestorsLive Seq please send questions to me
[Sun Jan 18 17:15:35 EST 2009] Muddy vol 800k
[Sun Jan 18 17:16:36 EST 2009] Muddy if i see one up say 100% today i chart it down to 400k cause it might be a former 0 vol stock..
[Sun Jan 18 17:17:29 EST 2009] Muddy just a ballpark figure but 800k seems to be a reasonable cutoff for liquidity reasons
[Sun Jan 18 17:17:56 EST 2009] Laura Question: is that typical to only look for resistance in the past week.. given its a momo stock?
[Sun Jan 18 17:18:26 EST 2009] Muddy yes,i only look at the last week or 2,since i’m only daytrading…
[Sun Jan 18 17:19:01 EST 2009] Muddy anything further just gets messy imo,if we are daytrading
[Sun Jan 18 17:19:11 EST 2009] Laura Question – If the scans are done on stockfetcher, where can we look at the charts?
[Sun Jan 18 17:19:24 EST 2009] Laura We use prophet.net eod charts
[Sun Jan 18 17:19:44 EST 2009] Laura anyone needs help with the setup of these charts, I can help at another time.
[Sun Jan 18 17:20:10 EST 2009] Laura Or use whatever charting program you like. We use certain indicators that we like.
[Sun Jan 18 17:20:42 EST 2009] Laura register there for a free delayed acct and I’ll be glad to help you, just PM me or we can schedule it at some time.
[Sun Jan 18 17:21:23 EST 2009] Laura question: how do you distinguish the difference between a pull back and weekness
[Sun Jan 18 17:22:18 EST 2009] Muddy i trade mostly dayrangers,so there will be larger range….
[Sun Jan 18 17:23:29 EST 2009] Muddy i can see the ask keep dropping,if i have a profit i’ll take it but ..
[Sun Jan 18 17:24:52 EST 2009] Muddy if it doesn’t hit my mental stop i’ll hang on…
[Sun Jan 18 17:26:31 EST 2009] Muddy pullbacks are often what make these dayrangers run back up…the consolidating at the support ,like i said at the 5-10 day level…
[Sun Jan 18 17:27:04 EST 2009] Muddy its why i chart all of the top 40 dayrangers in advance…to try to get a feel in my head…
[Sun Jan 18 17:28:02 EST 2009] Muddy on ones that hit near even dollar marks,i’m way more lenient..
[Sun Jan 18 17:28:40 EST 2009] Muddy if you look at MPG friday,i think it was an awesome play off 2.01…
[Sun Jan 18 17:29:05 EST 2009] Muddy but if you were in it on green,you couldnt let it drop that far..
[Sun Jan 18 17:29:23 EST 2009] Muddy you’d really have to use a trailer on its hod
[Sun Jan 18 17:29:52 EST 2009] Laura Next scan, COMBO
[Sun Jan 18 17:30:22 EST 2009] Muddy ok,on combo scan,what i’m really looking for are long plays…
[Sun Jan 18 17:30:48 EST 2009] Muddy first,are they on the preleader board?
[Sun Jan 18 17:31:25 EST 2009] Muddy if yes and i see it NOT falling in pre %,i’ll many times just buy on open…
[Sun Jan 18 17:31:35 EST 2009] Muddy if not on pre…
[Sun Jan 18 17:32:06 EST 2009] Muddy i simply watch for either red to green OR hits on the hod list..
[Sun Jan 18 17:33:56 EST 2009] Muddy the combo scan is just an upgrade imo of the basic RFR
[Sun Jan 18 17:34:53 EST 2009] Laura e should touch on how he sorts the Combo…
[Sun Jan 18 17:35:00 EST 2009] Laura sorted ADR 30
[Sun Jan 18 17:35:57 EST 2009] Laura he’s only running Combo scan once a week, same as dayrangers
[Sun Jan 18 17:37:20 EST 2009] Muddy the ones i run everynight are % gainers and the RFR losers
[Sun Jan 18 17:37:44 EST 2009] Muddy its important to run them nightly
[Sun Jan 18 17:38:16 EST 2009] Muddy the others don’t change much at all weekly
[Sun Jan 18 17:40:53 EST 2009] Laura RFR modified 8% 10% losers and fails scan:
[Sun Jan 18 17:40:54 EST 2009] Laura http://darksidetrading.blogspot.com/2009/01/new-scanmodified-810-and-fails.html
[Sun Jan 18 17:41:36 EST 2009] Muddy this one you are looking for GREEN hold,very important…
[Sun Jan 18 17:41:56 EST 2009] Muddy they are recent beatdown ones…
[Sun Jan 18 17:42:25 EST 2009] Muddy that have run a very HIGH % of times in the last 100 days…
[Sun Jan 18 17:42:35 EST 2009] Muddy imo its a great edge….
[Sun Jan 18 17:43:06 EST 2009] Muddy but you need a green confirm…if not it’s all the better for the next day
[Sun Jan 18 17:44:08 EST 2009] Laura question on dayrangers… are stocks that are down say 15 to 20% and then turn green in the same trading session typically not as good for a long entry as they have used up most or all of their dayrange? Another words stocks down only 5% are typically better on green during the same trading session
[Sun Jan 18 17:44:34 EST 2009] Muddy good question….
[Sun Jan 18 17:44:43 EST 2009] InvestorsLive (guys can send me PMs for questions that come up while others are being answered)
[Sun Jan 18 17:46:12 EST 2009] Muddy i’ve seen tons of times a stock with adr10 or 30 say 20% run up to green after being down that 20%…
[Sun Jan 18 17:46:37 EST 2009] Muddy believe it or not,these make great shorts..
[Sun Jan 18 17:46:53 EST 2009] Muddy if theyn fail that green hold..
[Sun Jan 18 17:47:35 EST 2009] Muddy very few hold that green and run after that run up from 20% down to get even or slight green
[Sun Jan 18 17:48:24 EST 2009] Muddy most revert back to red and get at least1/2 that 20% back in red or more
[Sun Jan 18 17:49:20 EST 2009] Muddy Another words stocks down only 5% are typically better on green during the same trading session
[Sun Jan 18 17:49:36 EST 2009] Muddy for sure!!
[Sun Jan 18 17:50:08 EST 2009] Laura question: How to do you figure what a good mental stop is on a stop if you make it before you sell?
[Sun Jan 18 17:50:15 EST 2009] Laura *stock
[Sun Jan 18 17:51:19 EST 2009] Muddy initial 4% about…if you have a dayrange checker in SF you can use 1/2 adr 30 on the lower ones under $2
[Sun Jan 18 17:52:26 EST 2009] Muddy you just use this and type in the stock….
[Sun Jan 18 17:52:54 EST 2009] Muddy close price is between xx and xx average day range(30)is greater than 0
[Sun Jan 18 17:54:15 EST 2009] Muddy if you have added adr30 to your global scan it will show automacticlly
[Sun Jan 18 17:54:39 EST 2009] Laura otherwise add to the code “add column average day range(30)”
[Sun Jan 18 17:54:58 EST 2009] Muddy like i’m looking at LVLT now..
[Sun Jan 18 17:55:09 EST 2009] Muddy it has adr30 13
[Sun Jan 18 17:55:17 EST 2009] Laura the price you need to put in is like this. If the stock closed at 1.12 yesterday, put in close price is between 1.11 and 1.13
[Sun Jan 18 17:55:25 EST 2009] Muddy so 6.5% is reasonable stop
[Sun Jan 18 17:55:31 EST 2009] Laura dunno why, SF quirk you can’t put in exact close.
[Sun Jan 18 17:55:41 EST 2009] Muddy right
[Sun Jan 18 17:56:12 EST 2009] Muddy with the same price is UBET..
[Sun Jan 18 17:56:22 EST 2009] Muddy its adr30 is 9.5
[Sun Jan 18 17:56:46 EST 2009] Muddy so you use a tighter stop of 4.5%
[Sun Jan 18 17:57:16 EST 2009] Muddy because the larger the adr30 the more wiggle room you need
[Sun Jan 18 17:57:29 EST 2009] Muddy to try to prevent whipsaw
[Sun Jan 18 17:58:15 EST 2009] tortexal to clarify this is for stocks under #2
[Sun Jan 18 17:58:20 EST 2009] Laura Question: what is the difference between the ADR10 and ADR30 and what is the signifigance of each? what is GREEN hold?
[Sun Jan 18 17:58:23 EST 2009] Muddy yes
[Sun Jan 18 17:58:28 EST 2009] Muddy tort
[Sun Jan 18 17:58:59 EST 2009] Muddy all others over about $2 i don’t try to get too cute…
[Sun Jan 18 17:59:14 EST 2009] Muddy i just use 4% or so but honest…
[Sun Jan 18 18:00:06 EST 2009] Muddy on the ones under 2 and especilly under 1 you really need to figure in ADR30
[Sun Jan 18 18:01:25 EST 2009] Laura ADR stands for average day range over a period of 10 days or 30 days. It’s an average of those day’s range…….difference between highs and lows of the day.
[Sun Jan 18 18:01:53 EST 2009] Laura If ADR 10 is increasing over ADR 30, means the volatility is increasing
[Sun Jan 18 18:02:02 EST 2009] Laura more potential for explosive moves
[Sun Jan 18 18:02:05 EST 2009] Muddy great point
[Sun Jan 18 18:02:58 EST 2009] Muddy they are the “hot” stocks being followed by many folks…sometimes they start to run …
[Sun Jan 18 18:03:17 EST 2009] Muddy they become a feeding type frenzy
[Sun Jan 18 18:03:42 EST 2009] Muddy we can spot them in advance with the adr10 up over the adr30
[Sun Jan 18 18:04:05 EST 2009] Laura QUESTION: s there a scan to determine what stocks ADR10 are increasing over ADR30? Or is it manual?
[Sun Jan 18 18:05:12 EST 2009] Muddy i use the dayrangers mostly BUT also the % gainers are very important in these adr10 over 30
[Sun Jan 18 18:05:28 EST 2009] Laura Tort has a scan
[Sun Jan 18 18:05:30 EST 2009] Laura Go tort
[Sun Jan 18 18:05:36 EST 2009] tortexal http://stackyourcream.blogspot.com/2008/12/volatility-scan.html
[Sun Jan 18 18:06:05 EST 2009] Laura Question: what is GREEN hold?
[Sun Jan 18 18:07:01 EST 2009] Muddy it is when a stock holds above it’s closing price of yesterday..
[Sun Jan 18 18:07:24 EST 2009] Muddy 2% confirm is the best at least
[Sun Jan 18 18:08:09 EST 2009] Muddy if closed at 3 yesterday then you want at least a few minute hold at 3.06
[Sun Jan 18 18:08:22 EST 2009] Muddy it’s the safer way
[Sun Jan 18 18:08:32 EST 2009] InvestorsLive I think at the same time Muddy regarding a “hold” looking for it now in the chat logs from Thurs or Friday, a stock that was between 1.95-1.99 and broke past $2 twice.. we were also looking for the “HOLD” it failed twice to hold the $2 level
[Sun Jan 18 18:08:41 EST 2009] InvestorsLive so didn’t end up playing
[Sun Jan 18 18:08:57 EST 2009] InvestorsLive also hits upon the importance of “whole number”
[Sun Jan 18 18:09:05 EST 2009] Muddy yes those even marks….
[Sun Jan 18 18:09:36 EST 2009] Muddy the over/under/over works well on these..
[Sun Jan 18 18:09:47 EST 2009] InvestorsLive [Fri Jan 16_10:06:22 EST 2009] Muddy FHN trying to hold 9
[Sun Jan 18 18:09:48 EST 2009] InvestorsLive [Fri Jan 16_10:11:36 EST 2009] Muddy FHN no hold 9
[Sun Jan 18 18:10:04 EST 2009] Muddy or a fail to hold on the second try if you like shorting
[Sun Jan 18 18:10:25 EST 2009] Laura Question: Are the ADR 10/30 usually longs? 10 increasing over 30?
[Sun Jan 18 18:11:35 EST 2009] Muddy for me these are long BIASED
[Sun Jan 18 18:14:24 EST 2009] Muddy me, i’d way rather long those UNLESS they are on the darkside watches,the one aka Tim kind,the ones that have far exceeded where they should be for what they are…
[Sun Jan 18 18:14:54 EST 2009] Muddy and face it..these low priced ones are usually low priced for a reason
[Sun Jan 18 18:15:47 EST 2009] scotzmon You mean Tim Sykes (Pennystocking) for those with under $5K, right?
[Sun Jan 18 18:16:01 EST 2009] InvestorsLive yes please PM me those who just entered
[Sun Jan 18 18:16:05 EST 2009] InvestorsLive rather than typing in channel
[Sun Jan 18 18:16:11 EST 2009] Laura yes
[Sun Jan 18 18:16:31 EST 2009] Laura and BTW, Tim Sykes’ system is very good for those with smaller accounts
[Sun Jan 18 18:17:18 EST 2009] Laura One thing we see a lot are smaller acccounts playing a large % of their account on very risky plays.
[Sun Jan 18 18:17:22 EST 2009] Muddy agree
[Sun Jan 18 18:17:35 EST 2009] Laura I don’t advocate that, it is very risky.
[Sun Jan 18 18:17:43 EST 2009] InvestorsLive After a week in chat during market hours.. questions from last weeks seminar.. anything still not sticking? PM me if you need further clarification
[Sun Jan 18 18:18:04 EST 2009] Laura Yes, you hope for the big run…………but can your acct take the big loss if you are wrong?
[Sun Jan 18 18:18:14 EST 2009] Laura Witness CCTYQ on Friday.
[Sun Jan 18 18:18:23 EST 2009] Laura No way I’d touch that.
[Sun Jan 18 18:20:02 EST 2009] Laura Question: how should I play/position size with a smaller account? What price/types of stocks to play?
[Sun Jan 18 18:20:27 EST 2009] Muddy good question….
[Sun Jan 18 18:21:24 EST 2009] Muddy if you are under $5k you honestly have to play at least 33% in one stock imo….
[Sun Jan 18 18:22:33 EST 2009] Muddy this is where..and i’ve taught this to Mike who i tutored who started with about $8k…
[Sun Jan 18 18:23:00 EST 2009] Muddy i told him to play the over $10 dayrangers to start…
[Sun Jan 18 18:23:29 EST 2009] Muddy they arent as volatile but still have very good day range
[Sun Jan 18 18:23:47 EST 2009] Muddy one thing before i forget,,,
[Sun Jan 18 18:24:21 EST 2009] Muddy Mike wanted to paper trade when he first came to me….
[Sun Jan 18 18:25:18 EST 2009] Muddy i told him nope,i won’t waste my time on that…you got to in realtime with real $…..
[Sun Jan 18 18:25:45 EST 2009] Muddy play small but plat real…it is not the same ,not even close
[Sun Jan 18 18:26:03 EST 2009] Muddy its baptism under fire…
[Sun Jan 18 18:27:08 EST 2009] Muddy its easy to find the high dayrangers over $10 ,just tweek your scan and drop the ADR10
[Sun Jan 18 18:28:31 EST 2009] Laura Question: Question on market volatility – obviously the markets are very volitatile right now and the plays are many both long and short each day. What kind of plays do you see when the markets are calm – like prior to this past Fall. Are the plays fewer and farther in between?
[Sun Jan 18 18:28:55 EST 2009] Laura And lighter…….keep on going! 🙂
[Sun Jan 18 18:30:24 EST 2009] Muddy actually,the calm part..
[Sun Jan 18 18:30:40 EST 2009] Muddy it’s easier to spot the standouts..
[Sun Jan 18 18:30:56 EST 2009] Laura that’s very true.
[Sun Jan 18 18:31:01 EST 2009] Muddy they are fewer yes…
[Sun Jan 18 18:31:11 EST 2009] Laura 4-5 years ago, markets less volatile.
[Sun Jan 18 18:31:23 EST 2009] Laura when you had a huge spiker, it was wow!
[Sun Jan 18 18:31:27 EST 2009] Muddy but there are the ones that just jump out
[Sun Jan 18 18:31:32 EST 2009] Laura much easier to see the good ones.
[Sun Jan 18 18:31:38 EST 2009] Laura lot less noise.
[Sun Jan 18 18:31:49 EST 2009] Muddy right its easier to spot those spikers
[Sun Jan 18 18:32:06 EST 2009] lighter i was just going to say i completely agree with Muddy on paper trading. if you’re completely brand new, you can use paper trading to learn basic mechanics, but you won’t start truly learning the market unless you have real money on the line and need to make decisions under pressure. you can play small position size until it clicks in
[Sun Jan 18 18:32:12 EST 2009] Laura plus easier to use TA to find swing trends like lighter likes.
[Sun Jan 18 18:32:58 EST 2009] InvestorsLive agree lighter, you also become trigger shy in real life.. afraid to enter/exit which may cause a delayed entry etc
[Sun Jan 18 18:33:33 EST 2009] tortexal paper trading = playing nintendo vs racing a real car
[Sun Jan 18 18:33:38 EST 2009] InvestorsLive nothing compares to the real thing for sure, but it is good to get the mechanics of it down
[Sun Jan 18 18:33:40 EST 2009] Laura easy to fudge on the entries exits with papertrading
[Sun Jan 18 18:33:50 EST 2009] Laura you say you are being honest………….but come on……….
[Sun Jan 18 18:34:00 EST 2009] Terri ::smile lol yup
[Sun Jan 18 18:34:20 EST 2009] Laura That’s where I WOULD HAVE entered etc.
[Sun Jan 18 18:34:54 EST 2009] InvestorsLive one thing if you do it.. you can’t use an eraser
[Sun Jan 18 18:35:13 EST 2009] lighter calmer markets are also much more forgiving for new traders. with high volatility, you need to be much more disciplined and learn to take losses and exit quickly if things aren’t going your way
[Sun Jan 18 18:35:57 EST 2009] Laura agreed lighter
[Sun Jan 18 18:36:14 EST 2009] lighter and yes, easier to load up on swing plays (which are nice for those stuck under PDT rules)
[Sun Jan 18 18:37:56 EST 2009] Muddy i’m glad to hear the agreement on paper trading
[Sun Jan 18 18:39:21 EST 2009] Muddy the object at first is really not to try to build your acct because its hard because you should use tiny position sizes
[Sun Jan 18 18:39:37 EST 2009] Muddy its to get the “real” feel
[Sun Jan 18 18:40:08 EST 2009] Muddy even a few hundred dollar position is way different than paper trading
[Sun Jan 18 18:40:14 EST 2009] Laura the emotions that go with a trade
[Sun Jan 18 18:40:19 EST 2009] Muddy yup
[Sun Jan 18 18:40:32 EST 2009] Muddy emotions a huge part
[Sun Jan 18 18:40:49 EST 2009] Laura I hope, I wish, I wanna, Arggggggggggggh, I lost a ton
[Sun Jan 18 18:41:07 EST 2009] Muddy imo,play a bunch of stocks….dont push setups though…
[Sun Jan 18 18:41:32 EST 2009] Muddy let them come to you but just go in on ones you see
[Sun Jan 18 18:41:56 EST 2009] Muddy its the fastest way to learn imo
[Sun Jan 18 18:42:14 EST 2009] tortexal i spoke w someone earlier about this today, its way more important in begining to recognize a set up and get into one and take any profit vs try to hit home runs right away. at the same time minizmine losses as much as possible
[Sun Jan 18 18:42:34 EST 2009] tortexal base hits make ball games
[Sun Jan 18 18:44:42 EST 2009] InvestorsLive Question: I understand that you all are daytraders. but, do you factor in possibly “swinging” if one of the trades goes south or do you cut your loses and exit. How do you decide?
[Sun Jan 18 18:45:06 EST 2009] InvestorsLive I rarely swing trade, I did last week on one stock and a few weeks ago on DSTI
[Sun Jan 18 18:45:10 EST 2009] InvestorsLive last week was HSNI
[Sun Jan 18 18:45:47 EST 2009] InvestorsLive First I have to be comfertable with the set up like tort mentioning recognizing
[Sun Jan 18 18:46:04 EST 2009] InvestorsLive if my plan is to swing it I will not go in the same size as i would for a day trade
[Sun Jan 18 18:46:26 EST 2009] InvestorsLive usually 1/3 or 1/2 what I normally would trade with
[Sun Jan 18 18:46:39 EST 2009] InvestorsLive once it moves in the direction I anticipate I may add for the momentum move
[Sun Jan 18 18:47:17 EST 2009] InvestorsLive gives you a wider range if you are wrong as well, but I do this very rarely, lighter is more of a swing trader
[Sun Jan 18 18:47:28 EST 2009] InvestorsLive as far as cutting losses, I don’t like any loss to exceed $200
[Sun Jan 18 18:47:33 EST 2009] Laura I am too during calmer times.
[Sun Jan 18 18:47:40 EST 2009] Laura I like holding for bigger gains.
[Sun Jan 18 18:47:57 EST 2009] InvestorsLive its hard in this market when there is no solid direction
[Sun Jan 18 18:48:06 EST 2009] Laura exactly
[Sun Jan 18 18:48:16 EST 2009] InvestorsLive also hitting upon ETF’s
[Sun Jan 18 18:48:22 EST 2009] InvestorsLive speaking of no solid direction
[Sun Jan 18 18:48:50 EST 2009] InvestorsLive as you saw mid day this week
[Sun Jan 18 18:48:59 EST 2009] InvestorsLive a few were jumping in FAZ/FAS/SKF
[Sun Jan 18 18:49:20 EST 2009] InvestorsLive its hard to trade those in the middle of the day when there is no solid move to the upside/downside and they become risky
[Sun Jan 18 18:49:38 EST 2009] InvestorsLive when they are trending sideways its better to watch for support to form
[Sun Jan 18 18:49:53 EST 2009] InvestorsLive and anticipate the trade to the upside/downside
[Sun Jan 18 18:50:22 EST 2009] InvestorsLive the bigger moves in this market have been in the first few hours or the last hour
[Sun Jan 18 18:50:24 EST 2009] lighter before you’re entering a multi-day/week hold, you gotta know what your risk/reward is right? so, you should be able to read a chart and spot the key support and resistance lines, or other technical patterns like a trendline that you’re buying into. when i swing a stock, its usually because i’m buying into a recognizable and solid PATTERN. you figure out beforehand at what level you want to bail or risk losing before going in
[Sun Jan 18 18:51:34 EST 2009] lighter for me, i actually can load up huge on swing plays unlike daytrades because you’re buying into a pattern. it’s with the knowledge that you have other traders seeing the same pattern and you have directional support in that stock
[Sun Jan 18 18:54:56 EST 2009] lighter on things such as indexes/etfs, they are typically more rangebound confined. people have been playing FAZ/FAS/SKF lately because the markets and volatile enough to use those as trading vehicles. once the market gets better footing, and is more calm, these won’t be that great to play anymore. you get the most bang for your buck with cheap priced stocks…basically following Muddy method
[Sun Jan 18 18:55:44 EST 2009] InvestorsLive very well put
[Sun Jan 18 18:56:01 EST 2009] InvestorsLive that’s why our exception to the $20 rule is only during “FAZ time”
[Sun Jan 18 18:56:08 EST 2009] InvestorsLive which happens to be times of extremely volatility
[Sun Jan 18 18:56:31 EST 2009] Laura agreed lighter
[Sun Jan 18 18:56:48 EST 2009] InvestorsLive (guys have more questions, confused on things… need more clarification.. PM me questions)
[Sun Jan 18 18:57:06 EST 2009] Terri lighter =good swinger lol
[Sun Jan 18 18:57:17 EST 2009] Laura oh my Terri
[Sun Jan 18 18:57:29 EST 2009] Terri ::smile
[Sun Jan 18 18:58:02 EST 2009] Laura Question: my quetsion is how can we simply follow Muddy‘s or your recommendation on sell and buy time. while learning the ropes thru undertsanding the different parameters on teh trading.
[Sun Jan 18 18:59:23 EST 2009] Muddy first,yes FAZ FAS are exceptions but you can’t dismiss them now
[Sun Jan 18 19:00:28 EST 2009] Muddy to that question…
[Sun Jan 18 19:02:56 EST 2009] Muddy my take is….if you see me alert a stock at the open at a certain price chances are i’m either in it or going to be soon…to whoever asked that,here’s what i’m going to do….
[Sun Jan 18 19:03:15 EST 2009] Muddy my pm will be open right after open….
[Sun Jan 18 19:04:19 EST 2009] Muddy if you or anyone wants my take on a stock or if you want to know if i’m in it,just pm me…i’ll try and walk you through the trade…
[Sun Jan 18 19:04:35 EST 2009] Muddy not trying to sound whatever…. but
[Sun Jan 18 19:04:54 EST 2009] Muddy since we are going to pay…i will do this now
[Sun Jan 18 19:06:42 EST 2009] Muddy you just have to understand that i have a high risk tolerance and i play like 1/30th of my acct…
[Sun Jan 18 19:07:27 EST 2009] Muddy let me know your situation and i’ll try to figure out what we can do based on your acct
[Sun Jan 18 19:08:23 EST 2009] InvestorsLive Question: something i seem quite often is about the after hours bid/ask price. the “$10” spreads and peeps think something is wrong. and that when 8 pm hits that most bid/ask will go the 0.00/999. about how some stocks will usually trade after hours but most dont
[Sun Jan 18 19:08:32 EST 2009] InvestorsLive also after hour prints
[Sun Jan 18 19:08:38 EST 2009] InvestorsLive directly after close
[Sun Jan 18 19:08:43 EST 2009] InvestorsLive many people get extremely confused by this
[Sun Jan 18 19:09:09 EST 2009] InvestorsLive there are a few in here that trade after hours.. but none of us Mod’s really do
[Sun Jan 18 19:09:18 EST 2009] InvestorsLive the day is long enough 9 to 4 .. then you get to take a break
[Sun Jan 18 19:09:25 EST 2009] Muddy yes,those prices are phoney
[Sun Jan 18 19:09:35 EST 2009] Muddy they mean nothing
[Sun Jan 18 19:09:37 EST 2009] InvestorsLive market makers clear up any outstanding orders after hours
[Sun Jan 18 19:09:43 EST 2009] Muddy yup
[Sun Jan 18 19:09:47 EST 2009] InvestorsLive open trades/matched trades/crosses etc
[Sun Jan 18 19:09:52 EST 2009] InvestorsLive they can be an average for the day
[Sun Jan 18 19:09:57 EST 2009] InvestorsLive they mean nothing
[Sun Jan 18 19:10:22 EST 2009] InvestorsLive I see a lot of people freak seeing some prints .70 cents below closing
[Sun Jan 18 19:10:27 EST 2009] InvestorsLive and the bid is still higher..
[Sun Jan 18 19:10:57 EST 2009] Laura funny thing I see AH is the prints of 400,000 shares or something go thru at 4:01
[Sun Jan 18 19:11:16 EST 2009] Laura interesting there. Trying to sneak it in when no one is watching.
[Sun Jan 18 19:12:27 EST 2009] InvestorsLive Question: What is the importance of Bid / Ask Size along with Bid / Ask price.
[Sun Jan 18 19:12:59 EST 2009] Muddy imo.bid/ask means very little…
[Sun Jan 18 19:13:08 EST 2009] Muddy size*
[Sun Jan 18 19:13:15 EST 2009] Muddy means nothing
[Sun Jan 18 19:13:30 EST 2009] Muddy it’s the action on the size
[Sun Jan 18 19:14:02 EST 2009] Muddy do you see huge flipping?
[Sun Jan 18 19:14:18 EST 2009] Muddy to me thats key,not the actual size
[Sun Jan 18 19:14:30 EST 2009] Muddy but the bid up factor..
[Sun Jan 18 19:14:36 EST 2009] Muddy oh YEAH
[Sun Jan 18 19:14:58 EST 2009] Muddy when that bid comes up near ask…
[Sun Jan 18 19:15:11 EST 2009] Muddy but price stays the same…
[Sun Jan 18 19:15:25 EST 2009] Muddy thats what you watch
[Sun Jan 18 19:15:57 EST 2009] Muddy if you have scott…
[Sun Jan 18 19:16:17 EST 2009] Muddy watch the b/a exchange flipping to
[Sun Jan 18 19:16:35 EST 2009] Muddy thats what we call jiggy
[Sun Jan 18 19:16:43 EST 2009] Muddy and it works
[Sun Jan 18 19:17:51 EST 2009] Terri thanks for the great seminar guys gotta go ::biggrin
[Sun Jan 18 19:18:09 EST 2009] Muddy bye Terri ::beer
[Sun Jan 18 19:18:30 EST 2009] Terri ::wine Muddy and Laura
[Sun Jan 18 19:18:44 EST 2009] InvestorsLive regarding ur recent comments Muddy
[Sun Jan 18 19:18:47 EST 2009] InvestorsLive what if “flipping”?
[Sun Jan 18 19:18:54 EST 2009] InvestorsLive when can bid come come up to ask but the price won’t change ?
[Sun Jan 18 19:18:55 EST 2009] Terri ::wub Tort and IL and Lighter …lol
[Sun Jan 18 19:19:02 EST 2009] InvestorsLive if bid is touching ask – wouldn’t the price change too ?
[Sun Jan 18 19:22:09 EST 2009] tortexal (Jan 18-21:15) Muddy: when that bid comes up near ask…
[Sun Jan 18 19:22:26 EST 2009] tortexal if there s aspeads and you see the bid price increasing closer to that of the ask
[Sun Jan 18 19:22:31 EST 2009] tortexal theres a spread*
[Sun Jan 18 19:23:56 EST 2009] Muddy flipping is on Scott..please understand i dont even like scott to trade with…
[Sun Jan 18 19:24:40 EST 2009] Muddy plus i dont know if other brokers have that quote box feature…i know my iother broker IB does not…
[Sun Jan 18 19:24:51 EST 2009] Muddy but on scott…
[Sun Jan 18 19:25:40 EST 2009] Muddy i can see the b/a size and/or ehange changing wil,i.e flipping
[Sun Jan 18 19:26:27 EST 2009] Muddy it means the stock is in DEMAND,the market makers are busy with it,often scrambling
[Sun Jan 18 19:26:50 EST 2009] Muddy (Jan 18-22:18) InvestorsLive: ” if bid is touching ask – wouldn’t the price change too ?”
[Sun Jan 18 19:27:10 EST 2009] Muddy This is the BEST….
[Sun Jan 18 19:27:55 EST 2009] Muddy you ask anyone that has followed this…luckycharms will tell you…
[Sun Jan 18 19:28:20 EST 2009] Muddy the price does not change…you buy at the ask on these
[Sun Jan 18 19:28:49 EST 2009] Muddy that bid tightens right up on the ask’s butt,ha
[Sun Jan 18 19:29:05 EST 2009] Muddy then watch what happens
[Sun Jan 18 19:29:11 EST 2009] Muddy it’s scary
[Sun Jan 18 19:30:06 EST 2009] Muddy like i said,maybe only on scott
[Sun Jan 18 19:30:42 EST 2009] Muddy (Jan 18-22:18) InvestorsLive: ” if bid is touching ask – wouldn’t the price change too ?”
[Sun Jan 18 19:31:21 EST 2009] Muddy yes BUT not until you can get the ask price which happens to be the pps
[Sun Jan 18 19:31:38 EST 2009] Muddy thats the beauty
[Sun Jan 18 19:32:04 EST 2009] Muddy if you ever watch in chat…
[Sun Jan 18 19:32:21 EST 2009] Muddy watch when i say “bid up”
[Sun Jan 18 19:32:44 EST 2009] Muddy then watch,,,,80%+ chance it starts a run
[Sun Jan 18 19:32:50 EST 2009] InvestorsLive yup
[Sun Jan 18 19:33:08 EST 2009] Muddy it almost is illegal,ha
[Sun Jan 18 19:33:55 EST 2009] Laura Question: So, when Muddy says the price does not change, does he mean the Ask does not back away from the bid? Or does he mean the TS window does not register a change in price?
[Sun Jan 18 19:36:25 EST 2009] Muddy no,the ask never backes away
[Sun Jan 18 19:36:58 EST 2009] autumnalcity TS?
[Sun Jan 18 19:37:06 EST 2009] Muddy if you mean time and sales,i don’t use it so i’m not sure
[Sun Jan 18 19:37:24 EST 2009] Laura the BXA Exch is flipping, does it always mean that the stock price will go up?
[Sun Jan 18 19:37:48 EST 2009] Muddy ok,say the b/a now is .48/.50
[Sun Jan 18 19:38:05 EST 2009] Muddy then you see .495/.50
[Sun Jan 18 19:38:21 EST 2009] Muddy with vol that you watch…
[Sun Jan 18 19:38:45 EST 2009] Muddy you see this,it is almost gaureented to run
[Sun Jan 18 19:39:14 EST 2009] Muddy but you still get the price of .50
[Sun Jan 18 19:39:26 EST 2009] Muddy it takes minutes,
[Sun Jan 18 19:39:50 EST 2009] Muddy sometimes many minutes but it is “gearing up”
[Sun Jan 18 19:40:37 EST 2009] Muddy the BXA Exch is flipping, does it always mean that the stock price will go up?…..no,nothing is 100% BUT
[Sun Jan 18 19:41:01 EST 2009] Muddy there is very little risk,imo
[Sun Jan 18 19:41:16 EST 2009] Muddy it most of the time stays flat…
[Sun Jan 18 19:41:30 EST 2009] Muddy if you are antsy you can get out
[Sun Jan 18 19:41:53 EST 2009] Muddy the thing is…
[Sun Jan 18 19:42:06 EST 2009] Muddy on many that go flat awhile…
[Sun Jan 18 19:42:41 EST 2009] Muddy if you hang on AND your size isn’t that big for acct…
[Sun Jan 18 19:43:35 EST 2009] Muddy they often go back and surpass their hods
[Sun Jan 18 19:43:44 EST 2009] Muddy witness WAVE
[Sun Jan 18 19:44:03 EST 2009] Muddy the past few days it does exactly that
[Sun Jan 18 19:44:42 EST 2009] Muddy one thing here…especially if you are new here,,,,,
[Sun Jan 18 19:44:55 EST 2009] Muddy if you haven’t…
[Sun Jan 18 19:45:18 EST 2009] Muddy please read IL’s post tonight about BKUNA
[Sun Jan 18 19:45:44 EST 2009] JeffO on gots?
[Sun Jan 18 19:45:56 EST 2009] Muddy no on IL’s blog
[Sun Jan 18 19:46:30 EST 2009] Laura http://www.InvestorsLive.com/2009/01/18/seminar-two-and-last-day-for-pricing-discount/
[Sun Jan 18 19:46:32 EST 2009] Muddy its about protecting pfofits…not being greedy
[Sun Jan 18 19:46:59 EST 2009] Muddy i KNOW the habits of tons of stocks…
[Sun Jan 18 19:47:20 EST 2009] Muddy don’t think these run forever
[Sun Jan 18 19:47:41 EST 2009] Muddy that’s why i use a trailing stop
[Sun Jan 18 19:48:13 EST 2009] Muddy we here do not pump
[Sun Jan 18 19:48:52 EST 2009] Muddy we only try to be truthful and guide you…like i said…my pm will be open
[Sun Jan 18 19:49:07 EST 2009] autumnalcity Muddy IL ignore me I’m asking you haha, if ask creeps down towards bid, does it work the other way around
[Sun Jan 18 19:49:12 EST 2009] autumnalcity signal for downswing
[Sun Jan 18 19:49:30 EST 2009] JeffO thanks Laura
[Sun Jan 18 19:49:57 EST 2009] Laura Question/comment
[Sun Jan 18 19:49:58 EST 2009] Laura LuckyCharms: you could always get into the previos runners and the importance of knowing them. I dont think that can be stressed enough
[Sun Jan 18 19:50:27 EST 2009] Laura the longer you run the scans, the longer you stay in chat………you’ll see the same stocks over and over again
[Sun Jan 18 19:50:41 EST 2009] Laura BKUNA will be in play again. Yup
[Sun Jan 18 19:50:57 EST 2009] Laura But don’t try to
[Sun Jan 18 19:51:04 EST 2009] Laura memorize lists
[Sun Jan 18 19:51:22 EST 2009] Laura you get to know them by doing the scans every week/night
[Sun Jan 18 19:51:48 EST 2009] Laura that’s the way you really start to remember them.
[Sun Jan 18 19:52:43 EST 2009] Muddy autum.yes it’s usually time to watch to get out
[Sun Jan 18 19:52:53 EST 2009] autumnalcity or short?
[Sun Jan 18 19:53:30 EST 2009] Muddy well,i look more for a big break down to short
[Sun Jan 18 19:53:50 EST 2009] Muddy not just a ask backoff
[Sun Jan 18 19:54:21 EST 2009] Muddy shorts are really way different
[Sun Jan 18 19:55:48 EST 2009] Muddy the break of support on shorts,the best risk/reward
[Sun Jan 18 19:56:35 EST 2009] autumnalcity Thank you sir
[Sun Jan 18 19:56:40 EST 2009] Muddy ok
[Sun Jan 18 19:57:01 EST 2009] Muddy just a couple thoughts here…..
[Sun Jan 18 19:57:33 EST 2009] Muddy i can’t stress enough how premarket leaders are to me…
[Sun Jan 18 19:58:34 EST 2009] Muddy i put up that watchlist on my main watchlist all day…
[Sun Jan 18 19:58:50 EST 2009] Muddy and the other thing…
[Sun Jan 18 19:58:59 EST 2009] Muddy the dayrangers
[Sun Jan 18 19:59:41 EST 2009] Muddy and trading around even dollar marks with both these lists..
[Sun Jan 18 19:59:54 EST 2009] Muddy to me these are vital concepts
[Sun Jan 18 20:01:57 EST 2009] tortexal im finishing rendering a vid clip on an extreem example of jiggy, qbox literally flips out
[Sun Jan 18 20:02:12 EST 2009] InvestorsLive the tools are just as important this is how we find the stocks – at least twice a week I do a recap
[Sun Jan 18 20:02:13 EST 2009] InvestorsLive http://www.InvestorsLive.com/2009/01/16/a-big-recap-and-hot-stocks-scan-for-friday-the-16th/
[Sun Jan 18 20:02:14 EST 2009] tortexal it’ll be up after seminar
[Sun Jan 18 20:02:16 EST 2009] InvestorsLive was the last one
[Sun Jan 18 20:02:27 EST 2009] JeffO awesome
[Sun Jan 18 20:02:44 EST 2009] InvestorsLive COCO for example all over HOD’s
[Sun Jan 18 20:02:50 EST 2009] InvestorsLive one other thing you’ll see me do
[Sun Jan 18 20:02:55 EST 2009] InvestorsLive on that page
[Sun Jan 18 20:03:02 EST 2009] InvestorsLive CYPB towards 2PM
[Sun Jan 18 20:03:19 EST 2009] InvestorsLive I watch for a stock to break out of a tight channel, this can be either to the upside or the downside
[Sun Jan 18 20:03:23 EST 2009] InvestorsLive long/short
[Sun Jan 18 20:03:34 EST 2009] InvestorsLive u can see the commentary as it happened
[Sun Jan 18 20:03:43 EST 2009] InvestorsLive $9.25 was the top of the channel
[Sun Jan 18 20:04:04 EST 2009] InvestorsLive I usually watch for these between 1:30-2:30
[Sun Jan 18 20:04:07 EST 2009] InvestorsLive for an EOD move
[Sun Jan 18 20:04:18 EST 2009] Muddy yes COCO a prime example of a sector run
[Sun Jan 18 20:04:30 EST 2009] InvestorsLive CECO COCO (AOPL?)
[Sun Jan 18 20:04:33 EST 2009] InvestorsLive forget the $80 dollar one
[Sun Jan 18 20:04:36 EST 2009] Muddy yes
[Sun Jan 18 20:04:37 EST 2009] tortexal yes
[Sun Jan 18 20:04:51 EST 2009] Muddy but APOL led the charge
[Sun Jan 18 20:05:08 EST 2009] Muddy so its important to know the sectors
[Sun Jan 18 20:05:12 EST 2009] InvestorsLive but you can see in my CYPB example
[Sun Jan 18 20:05:14 EST 2009] InvestorsLive http://www.InvestorsLive.com/wp-content/uploads/2009/01/cypb.gif
[Sun Jan 18 20:05:25 EST 2009] InvestorsLive consolidation around $9.. then a little higher
[Sun Jan 18 20:05:25 EST 2009] Muddy you see FSLR start to roll..
[Sun Jan 18 20:05:42 EST 2009] Laura lebed.biz put out sell/put alerts for the education stocks a month or two ago.
[Sun Jan 18 20:05:42 EST 2009] InvestorsLive Solars! oh! which reminds me I need to add that to the dashboard.. sector stocks
[Sun Jan 18 20:05:44 EST 2009] Muddy you then watch the lower priced solars
[Sun Jan 18 20:05:58 EST 2009] tortexal airlines and cassinos fund to watch too
[Sun Jan 18 20:05:58 EST 2009] Laura they aren’t down yet much, but I believe they will be.
[Sun Jan 18 20:05:59 EST 2009] Muddy same with shippers
[Sun Jan 18 20:06:08 EST 2009] giantseaturtle same with gold stocks?
[Sun Jan 18 20:06:12 EST 2009] InvestorsLive shippers, DRYS EXM TBSI etc
[Sun Jan 18 20:06:15 EST 2009] Muddy yes tort
[Sun Jan 18 20:06:28 EST 2009] InvestorsLive just like former runners.. you will get to have a few favorite stocks that you become comfertable with
[Sun Jan 18 20:06:30 EST 2009] Muddy gold,oh yeah!
[Sun Jan 18 20:06:31 EST 2009] InvestorsLive comfortable*
[Sun Jan 18 20:06:43 EST 2009] Laura yes, shippers not going to hold imo
[Sun Jan 18 20:07:05 EST 2009] InvestorsLive but I am comfortable with DRYS when shipper stocks start to move, and I normally see Tort play with TBSI
[Sun Jan 18 20:07:13 EST 2009] InvestorsLive you start to have a ‘favorite’ in each sector
[Sun Jan 18 20:07:23 EST 2009] InvestorsLive that you recall how it moves
[Sun Jan 18 20:07:24 EST 2009] Muddy there are so many plays off the pre….
[Sun Jan 18 20:08:44 EST 2009] InvestorsLive its a cheat sheet to stocks in play for the day
[Sun Jan 18 20:09:02 EST 2009] InvestorsLive I usually pay attention to those that were VERY high pre market and sell off through the day … for the curve up near close
[Sun Jan 18 20:09:12 EST 2009] InvestorsLive a perfect example of that is CYPB
[Sun Jan 18 20:09:13 EST 2009] Muddy it sure is a cheat sheet
[Sun Jan 18 20:09:46 EST 2009] InvestorsLive was $12s pre market.. came down under $10, consolidated and started moving up.. you can go in expecting a late day move with a stop to the downside
[Sun Jan 18 20:09:57 EST 2009] tortexal hod screen great too, you can accidently find other pre leaders that way that wind up exploding durng the day
[Sun Jan 18 20:10:18 EST 2009] Muddy IL,exactly
[Sun Jan 18 20:10:44 EST 2009] Muddy tort,yes,i use that angle all the time
[Sun Jan 18 20:11:11 EST 2009] InvestorsLive same thing on the opposite .. maybe a gap down.. (opens lower than previous close)
[Sun Jan 18 20:11:26 EST 2009] InvestorsLive intraday move and I watch near EOD for any sell off
[Sun Jan 18 20:11:38 EST 2009] InvestorsLive opposite of a curl up the 2nd half of the day
[Sun Jan 18 20:11:51 EST 2009] InvestorsLive aka afternoon fade
[Sun Jan 18 20:12:17 EST 2009] tortexal spekaing of gapp down, running a 1 day 8% and greater loser scan sorted by biggest loser is also a great way to find some potential bounces. that scan is also on GTOS blog
[Sun Jan 18 20:12:42 EST 2009] Muddy yes the fade
[Sun Jan 18 20:13:04 EST 2009] Muddy it sure is…
[Sun Jan 18 20:13:43 EST 2009] Muddy imo that scan is the best if you are under the pdt rule
[Sun Jan 18 20:14:25 EST 2009] JeffO Do the scans work in most platforms, or one specifically?
[Sun Jan 18 20:14:38 EST 2009] tortexal use them at stockfetcher.com
[Sun Jan 18 20:14:39 EST 2009] InvestorsLive the scans they are speaking about is StockFetcher
[Sun Jan 18 20:14:47 EST 2009] JeffO thanks
[Sun Jan 18 20:14:50 EST 2009] InvestorsLive you can take those scans and put them on any platform to monitor
[Sun Jan 18 20:14:58 EST 2009] InvestorsLive we suggest doing the scans because its a quick way to become familiar with stocks
[Sun Jan 18 20:15:02 EST 2009] InvestorsLive and prior movements
[Sun Jan 18 20:15:14 EST 2009] InvestorsLive and know everytime XYZ comes up
[Sun Jan 18 20:15:18 EST 2009] InvestorsLive man that one really moves
[Sun Jan 18 20:15:35 EST 2009] pjt6970 thnx guys
[Sun Jan 18 20:15:38 EST 2009] Muddy yes,you get them into yor brain if you run them everynight
[Sun Jan 18 20:15:55 EST 2009] InvestorsLive before you know it.. you’ll know more about their 52 week high, low, where they are at
[Sun Jan 18 20:15:58 EST 2009] InvestorsLive without even studying it
[Sun Jan 18 20:16:11 EST 2009] InvestorsLive its weird.. ha
[Sun Jan 18 20:16:15 EST 2009] InvestorsLive but guys feel free to ask questions now
[Sun Jan 18 20:16:24 EST 2009] InvestorsLive oh and one thing
[Sun Jan 18 20:16:28 EST 2009] InvestorsLive I got a few questions
[Sun Jan 18 20:16:42 EST 2009] InvestorsLive the ‘rate’ is locked in at the price with ILIVE60 code
[Sun Jan 18 20:16:43 EST 2009] InvestorsLive it won’t go up
[Sun Jan 18 20:16:50 EST 2009] InvestorsLive its a locked in rate
[Sun Jan 18 20:16:59 EST 2009] InvestorsLive for those that used it
[Sun Jan 18 20:17:40 EST 2009] InvestorsLive do you guys have any general questions?
[Sun Jan 18 20:17:47 EST 2009] InvestorsLive any still confused questions
[Sun Jan 18 20:17:47 EST 2009] InvestorsLive etc
[Sun Jan 18 20:18:11 EST 2009] SobelSaint Any more tips for people under PDT?
[Sun Jan 18 20:18:21 EST 2009] InvestorsLive regarding tort’s last most
[Sun Jan 18 20:18:22 EST 2009] InvestorsLive LuckyCharms: HEV great example of torts post
[Sun Jan 18 20:18:40 EST 2009] Muddy yes,split you acct,sobel if you can
[Sun Jan 18 20:18:55 EST 2009] InvestorsLive split if you can… when you are questioning if you should take profits.. take them
[Sun Jan 18 20:18:55 EST 2009] Muddy trade the zone bounces too
[Sun Jan 18 20:18:55 EST 2009] Laura Everyone, let Muddy answer one before posting another
[Sun Jan 18 20:19:03 EST 2009] InvestorsLive your goal is to BUILD it at this point
[Sun Jan 18 20:19:18 EST 2009] Muddy trade the over $10 ones on dayrangers
[Sun Jan 18 20:19:29 EST 2009] InvestorsLive if you ride everyone up, and let it go and hang on to it until it test your stop loss you’ll be in a creek with a broken paddle
[Sun Jan 18 20:20:46 EST 2009] Muddy sobel..that losers RFR is great for under the pdt rule
[Sun Jan 18 20:21:03 EST 2009] Muddy just use the higher ones
[Sun Jan 18 20:21:17 EST 2009] SobelSaint Should I ride overnight?
[Sun Jan 18 20:21:26 EST 2009] Muddy sure
[Sun Jan 18 20:21:37 EST 2009] Muddy that beats the pdt
[Sun Jan 18 20:21:52 EST 2009] InvestorsLive there’s obviously risk in overnight.. which usually I try to eliminate but… if you are up… and have a healthy % profit on the day
[Sun Jan 18 20:21:57 EST 2009] InvestorsLive it may be worth it to you to hold over and take that risk
[Sun Jan 18 20:22:02 EST 2009] InvestorsLive just to gian another trade for the next day
[Sun Jan 18 20:22:19 EST 2009] Muddy yes,i don’t on hardly at all…
[Sun Jan 18 20:22:21 EST 2009] JeffO I don’t see the +10 dayrangers on GOTS for this week – still coming?
[Sun Jan 18 20:22:35 EST 2009] Derffie what are the qualities of a stock I should buy in the last half hour for an overnight hold
[Sun Jan 18 20:22:41 EST 2009] Muddy but i have the advantage of not under pdt
[Sun Jan 18 20:22:44 EST 2009] InvestorsLive also if I DO hold over.. its not a large position compared to my account
[Sun Jan 18 20:23:06 EST 2009] InvestorsLive like HSNI swing was 1/2 what I would trade with during the day
[Sun Jan 18 20:23:13 EST 2009] Muddy Jeff,if you have SF just tweek it
[Sun Jan 18 20:23:29 EST 2009] InvestorsLive but saw a technical trade that I was ok with, and went for it, then when i saw it popping on HODs I added and made the trade
[Sun Jan 18 20:25:04 EST 2009] InvestorsLive and yes the market is closed tomorrow
[Sun Jan 18 20:25:42 EST 2009] Muddy this is so true….
[Sun Jan 18 20:26:04 EST 2009] Muddy about adding to winners on longs
[Sun Jan 18 20:26:23 EST 2009] Muddy i do that on FAZ
[Sun Jan 18 20:26:36 EST 2009] InvestorsLive yes
[Sun Jan 18 20:26:42 EST 2009] InvestorsLive i’d rather chase being right
[Sun Jan 18 20:26:58 EST 2009] Muddy but folks adding to longs on the way down?
[Sun Jan 18 20:27:01 EST 2009] InvestorsLive rather than adding being wrong
[Sun Jan 18 20:27:19 EST 2009] Muddy just give me your wallet!
[Sun Jan 18 20:27:27 EST 2009] InvestorsLive once you hvae a “buffer” you can afford to play bigger
[Sun Jan 18 20:27:30 EST 2009] InvestorsLive and take large risk
[Sun Jan 18 20:27:33 EST 2009] InvestorsLive larger*
[Sun Jan 18 20:27:36 EST 2009] InvestorsLive with the proper stop
[Sun Jan 18 20:27:43 EST 2009] InvestorsLive but there is no sense taking that risk out of the gate
[Sun Jan 18 20:27:47 EST 2009] InvestorsLive or when you are wrong to begin with
[Sun Jan 18 20:27:50 EST 2009] Muddy but,on the crappy junk shorts..
[Sun Jan 18 20:28:04 EST 2009] Muddy it’s a diffferent story imo
[Sun Jan 18 20:29:01 EST 2009] merlin if you are strickly daytrade only,is it more profitable trading stocks under $10
[Sun Jan 18 20:31:10 EST 2009] autumnalcity Good night, all… a giant toast to all of you and enjoy your day off 🙂
[Sun Jan 18 20:31:41 EST 2009] amark b well thanks
[Sun Jan 18 20:31:58 EST 2009] giantseaturtle yeah, thanks a ton y’all
[Sun Jan 18 20:32:05 EST 2009] Derffie dont leave its only been 3 1/2 hours of seminar wimps
[Sun Jan 18 20:32:21 EST 2009] autumnalcity hahaha
[Sun Jan 18 20:32:25 EST 2009] InvestorsLive Guys if you re read anything
[Sun Jan 18 20:32:27 EST 2009] InvestorsLive I’ll be around tomorrow too
[Sun Jan 18 20:32:29 EST 2009] InvestorsLive on an doff
[Sun Jan 18 20:32:36 EST 2009] usainbolt ok
[Sun Jan 18 20:32:38 EST 2009] InvestorsLive so feel free to shoot me PMs or put it in chat
[Sun Jan 18 20:32:42 EST 2009] autumnalcity k and you’ll transcript it right IL?
[Sun Jan 18 20:32:45 EST 2009] autumnalcity as uze
[Sun Jan 18 20:32:45 EST 2009] InvestorsLive yes
[Sun Jan 18 20:32:47 EST 2009] Muddy no,i’m hanging tuff!
[Sun Jan 18 20:32:52 EST 2009] usainbolt lol
[Sun Jan 18 20:32:55 EST 2009] Laura og
[Sun Jan 18 20:32:57 EST 2009] InvestorsLive going to do it once chatter dies
[Sun Jan 18 20:33:06 EST 2009] InvestorsLive cuz a lot of good stuff comes out when we aren’t even trying
[Sun Jan 18 20:33:10 EST 2009] autumnalcity k and tort that vid will be much appreciated sir
[Sun Jan 18 20:33:16 EST 2009] tortexal if you guys want i can run you though how i played a pre market leader a couple weeks ago
[Sun Jan 18 20:33:22 EST 2009] usainbolt yeaht that would be real nice
[Sun Jan 18 20:33:23 EST 2009] tortexal yeah jiggy vid up in an hour or so
[Sun Jan 18 20:33:23 EST 2009] usainbolt vid
[Sun Jan 18 20:33:28 EST 2009] Muddy unlike the Eaglets!
[Sun Jan 18 20:33:28 EST 2009] usainbolt thanks
[Sun Jan 18 20:33:53 EST 2009] spartantummala thanks a lot for the wonderful seminar, awesome!!!
[Sun Jan 18 20:33:55 EST 2009] Laura and autumn, if you call me Doll again, I’ll hurt you
[Sun Jan 18 20:33:56 EST 2009] Muddy any other questions?
[Sun Jan 18 20:34:03 EST 2009] Noobtrader.08 lol
[Sun Jan 18 20:34:10 EST 2009] mildwild61 We have gone into detail on when to enter into a trade im curious about when to exit a trade in part or whole. Some traders seem to exit sooner than others
[Sun Jan 18 20:34:12 EST 2009] autumnalcity hahahahaha Laura out of nowhere!!!
[Sun Jan 18 20:34:12 EST 2009] InvestorsLive all those that held out cuz u thought you had a ‘stupid’ question
[Sun Jan 18 20:34:15 EST 2009] InvestorsLive lets hear it
[Sun Jan 18 20:34:17 EST 2009] spartantummala please walk through us tort
[Sun Jan 18 20:34:18 EST 2009] autumnalcity talk about a delayed reaction!
[Sun Jan 18 20:34:19 EST 2009] Noobtrader.08 autumn… Laura… is teh CHATROOM GODESS!!
[Sun Jan 18 20:34:25 EST 2009] autumnalcity yeah Tort let’s hear that
[Sun Jan 18 20:34:32 EST 2009] tortexal k
[Sun Jan 18 20:34:37 EST 2009] tortexal im going to use visuals
[Sun Jan 18 20:34:40 EST 2009] autumnalcity I know Noob, that’s why I call her ‘doll,’ do you see my conundrum?!
[Sun Jan 18 20:34:48 EST 2009] Derffie finger shadows>
[Sun Jan 18 20:34:50 EST 2009] giantseaturtle hey Muddy
[Sun Jan 18 20:34:51 EST 2009] Derffie ?
[Sun Jan 18 20:34:55 EST 2009] giantseaturtle do you have a favorite runner?
[Sun Jan 18 20:34:58 EST 2009] giantseaturtle one that you see again and again
[Sun Jan 18 20:35:21 EST 2009] InvestorsLive Those who didnt see last week
[Sun Jan 18 20:35:22 EST 2009] InvestorsLive http://i33.tinypic.com/im2kyf.png
[Sun Jan 18 20:35:25 EST 2009] InvestorsLive #NAME?
[Sun Jan 18 20:35:32 EST 2009] Laura STOPPPPPPPPPPP
[Sun Jan 18 20:35:32 EST 2009] Muddy first,mildwild..
[Sun Jan 18 20:35:37 EST 2009] Laura Mudd’s got more
[Sun Jan 18 20:37:10 EST 2009] Muddy you have to do the exits you feel right about..i know it sounds like bs but its your acct….i try for at least 8% on a daytrade…
[Sun Jan 18 20:37:14 EST 2009] usainbolt quick question – how serious do you take the beacon alerts? do they really jump after they promote? thanks. And also the thelion
[Sun Jan 18 20:37:25 EST 2009] InvestorsLive Muddy will like that one
[Sun Jan 18 20:37:33 EST 2009] InvestorsLive You have to play them knowing what they are
[Sun Jan 18 20:37:40 EST 2009] InvestorsLive its fine to ride the momo
[Sun Jan 18 20:37:46 EST 2009] InvestorsLive and play them, and take advantage of any move they produce
[Sun Jan 18 20:37:47 EST 2009] Muddy often i pass that 8% up just to try to ride and get out even if i have to..
[Sun Jan 18 20:37:58 EST 2009] InvestorsLive but always know take ur profits
[Sun Jan 18 20:38:09 EST 2009] Muddy but some else should take that 8%
[Sun Jan 18 20:38:15 EST 2009] mildwild61 and just move up your trailing stop?
[Sun Jan 18 20:38:17 EST 2009] InvestorsLive Muddy can add.. cuz he gest the emails too
[Sun Jan 18 20:38:31 EST 2009] Muddy giant,yes…
[Sun Jan 18 20:39:46 EST 2009] Muddy i have a few,DDR MPG MCGC among my favs..also ALD but trailing off now
[Sun Jan 18 20:40:19 EST 2009] Muddy (Jan 18-23:37) usainbolt: quick question – how serious do you take the beacon alerts? do they really jump after they promote? thanks. And also the thelion
[Sun Jan 18 20:40:25 EST 2009] giantseaturtle thanks
[Sun Jan 18 20:40:51 EST 2009] Muddy no..i don’t jump them long…i look to short on the pullback..
[Sun Jan 18 20:41:00 EST 2009] Muddy also..
[Sun Jan 18 20:41:19 EST 2009] Muddy the CNBC mentions when they spike..
[Sun Jan 18 20:41:35 EST 2009] Muddy its one of the best shorts out there!
[Sun Jan 18 20:41:55 EST 2009] Muddy i dont try to catch them long…
[Sun Jan 18 20:42:04 EST 2009] merlin Muddy if strickly daytrade only, are stocks under $10 more profitable
[Sun Jan 18 20:42:08 EST 2009] Muddy i just try to nail them short
[Sun Jan 18 20:42:21 EST 2009] Muddy merlin..
[Sun Jan 18 20:42:44 EST 2009] usainbolt thanks Muddy – that answers my question on beacon
[Sun Jan 18 20:42:55 EST 2009] Muddy yes because of the ADR they have but…
[Sun Jan 18 20:43:42 EST 2009] Muddy the over 10 ones are safer and they have good dayrange,the top 20 or so
[Sun Jan 18 20:44:14 EST 2009] Muddy usa,those beacon ones i just let run because,,,
[Sun Jan 18 20:44:23 EST 2009] Muddy they are fast on open…
[Sun Jan 18 20:44:40 EST 2009] merlin thabks
[Sun Jan 18 20:44:44 EST 2009] Muddy and if you watch over time…
[Sun Jan 18 20:45:07 EST 2009] Muddy they almost always fall back then get even bettter..
[Sun Jan 18 20:45:22 EST 2009] Muddy what you look for is..
[Sun Jan 18 20:45:59 EST 2009] Muddy 20% between there open
[Sun Jan 18 20:46:04 EST 2009] JeffO I’m trying to grasp real-world potential – If Muddy uses 1/30th of his account, average 10% on 7 trades – that 1/30th will double everyday – which would take 22 days (compounded) to double Muddy‘s account. If you’re doubling you’re account monthly Muddy – wow. but what is the real world, as far as
[Sun Jan 18 20:46:15 EST 2009] Muddy after that many even go red!
[Sun Jan 18 20:47:52 EST 2009] JeffO did that get through?
[Sun Jan 18 20:48:02 EST 2009] Muddy yes..
[Sun Jan 18 20:48:13 EST 2009] Muddy i don
[Sun Jan 18 20:48:29 EST 2009] Muddy i don’t play big though
[Sun Jan 18 20:49:03 EST 2009] Muddy but yeah you can do 700% a year
[Sun Jan 18 20:49:39 EST 2009] Muddy but its not scalable for me,because i cant trade big
[Sun Jan 18 20:49:51 EST 2009] JeffO I see, thanks.
[Sun Jan 18 20:50:26 EST 2009] JeffO Without pressuring you to disclose personal details – what’s an approximate account size that one would start getting maxed out at with these strategies?
[Sun Jan 18 20:50:26 EST 2009] dcarlton Do you ever use any of your account to take advantage of “buy the rumor, sell the news” on upcoming FDA Approvals for pharmas? This would probably require a position one to two weeks out, so I didn’t know if you ever play them in advance. Thanks
[Sun Jan 18 20:50:32 EST 2009] Muddy if i trade big i get the heebie geebies
[Sun Jan 18 20:50:38 EST 2009] JeffO 500K, 2 Mil?
[Sun Jan 18 20:50:51 EST 2009] InvestorsLive Jeff trading <100k
[Sun Jan 18 20:50:55 EST 2009] InvestorsLive portfolio
[Sun Jan 18 20:50:59 EST 2009] InvestorsLive no reason for more in what we do
[Sun Jan 18 20:51:22 EST 2009] Muddy i use $90k and trade around $3-4K a trade
[Sun Jan 18 20:51:48 EST 2009] Muddy i will add to shorts also
[Sun Jan 18 20:52:08 EST 2009] InvestorsLive good risk tolerance example for Muddy = LEA
[Sun Jan 18 20:52:23 EST 2009] Muddy but i’m not in full $90k most times
[Sun Jan 18 20:52:29 EST 2009] InvestorsLive which he happens to finally be heading towards that $.99 level ha
[Sun Jan 18 20:52:31 EST 2009] Muddy yes LEA
[Sun Jan 18 20:52:35 EST 2009] InvestorsLive Muddy has made an oath
[Sun Jan 18 20:52:40 EST 2009] InvestorsLive not to cover until .99 ha
[Sun Jan 18 20:52:47 EST 2009] Muddy i’m in big for me me
[Sun Jan 18 20:53:06 EST 2009] JeffO cool, thanks. Does Muddy/others use other investment strategies for the rest of their wealth?
[Sun Jan 18 20:53:07 EST 2009] Muddy 17,500 short at 1.35
[Sun Jan 18 20:53:24 EST 2009] InvestorsLive buy 8% gov backed long term bonds?
[Sun Jan 18 20:53:43 EST 2009] Blz Sheez Mud, LEA must be your longest hold in a while
[Sun Jan 18 20:53:44 EST 2009] Muddy dcarlton,no i just try to react
[Sun Jan 18 20:53:48 EST 2009] autumnalcity aren’t yall in a particular mutual as well?
[Sun Jan 18 20:53:54 EST 2009] autumnalcity read on GOTS I believe, 13th said something?
[Sun Jan 18 20:54:28 EST 2009] Muddy yes
[Sun Jan 18 20:54:33 EST 2009] Muddy CGMFX
[Sun Jan 18 20:54:46 EST 2009] Muddy i still put it in
[Sun Jan 18 20:55:18 EST 2009] InvestorsLive I take everything I make an dshort CGMFX
[Sun Jan 18 20:55:32 EST 2009] InvestorsLive ::ninja
[Sun Jan 18 20:55:33 EST 2009] autumnalcity HAHAHA
[Sun Jan 18 20:55:33 EST 2009] JeffO do you have the goal to ever reach for 200K account, and 6-8k trades?
[Sun Jan 18 20:55:36 EST 2009] imexplosion haha
[Sun Jan 18 20:55:54 EST 2009] randy841 Jeff i favor lrge positions for short moves… get in early out early… .. i am just learning the Muddy method myself to see how it works… i trade just over a 500k account .. and trade 25-50k shares on stocks under 5 over 5-10 25k shares … for 5-20 cents moves.. it all depends on what works fo
[Sun Jan 18 20:55:59 EST 2009] InvestorsLive Jeff mo’money mo’problems
[Sun Jan 18 20:56:09 EST 2009] JeffO !cool
[Sun Jan 18 20:56:11 EST 2009] Muddy ha,i’m dollar cost avering CGMFX
[Sun Jan 18 20:56:21 EST 2009] mildwild61 As you know some of us are under the pdt trading and sometimes hold o/n . If the stock is up in pre and we can make our 10% then should we go ahead and sell or wait till the open to see if we can do better. Any odds on this? lighter your thoughts too please
[Sun Jan 18 20:56:25 EST 2009] randy841 i find interlisted stocks traded on NYSE/AMEX .. more favorable on the TSX
[Sun Jan 18 20:56:28 EST 2009] InvestorsLive Jeff I have played bigger before
[Sun Jan 18 20:56:31 EST 2009] InvestorsLive real big
[Sun Jan 18 20:56:38 EST 2009] InvestorsLive more losses not as good win/loss
[Sun Jan 18 20:56:40 EST 2009] autumnalcity LOL
[Sun Jan 18 20:56:43 EST 2009] Muddy randy…that is good
[Sun Jan 18 20:56:43 EST 2009] autumnalcity Ten BILLION dollars
[Sun Jan 18 20:56:44 EST 2009] JeffO thanks randy
[Sun Jan 18 20:56:45 EST 2009] InvestorsLive this works
[Sun Jan 18 20:56:51 EST 2009] InvestorsLive theres no need to risk it
[Sun Jan 18 20:56:57 EST 2009] InvestorsLive especially if u want to do it part time/full time
[Sun Jan 18 20:57:03 EST 2009] JeffO true.
[Sun Jan 18 20:57:07 EST 2009] Muddy honest though…
[Sun Jan 18 20:57:09 EST 2009] InvestorsLive you don’t want to hvae $200k at risk
[Sun Jan 18 20:57:11 EST 2009] randy841 one more thing ..find a few a stocks that work for you play their channels/ranges all day .. but only buy/sell s/r
[Sun Jan 18 20:57:30 EST 2009] InvestorsLive why use 200k to make $1k a day when you can use $3k $3k and $3k
[Sun Jan 18 20:57:32 EST 2009] InvestorsLive and gain 10%
[Sun Jan 18 20:57:36 EST 2009] InvestorsLive and be in the same boat
[Sun Jan 18 20:57:52 EST 2009] Muddy if you use these edges…200% a year should be no problem..if you daytrade
[Sun Jan 18 20:58:07 EST 2009] autumnalcity So the statement here from Muddy and IL is that 100k is basically the ceiling for a good, agile amount from which to be a full time trader with these methods
[Sun Jan 18 20:58:10 EST 2009] autumnalcity ?
[Sun Jan 18 20:58:14 EST 2009] Noobtrader.08 IL… i’m all ears on how to make 3K with 3K…
[Sun Jan 18 20:58:27 EST 2009] InvestorsLive no
[Sun Jan 18 20:58:31 EST 2009] InvestorsLive using $3k $3k $3k
[Sun Jan 18 20:58:35 EST 2009] InvestorsLive $300 x 3
[Sun Jan 18 20:58:39 EST 2009] JeffO true. I enjoy daytrading – but I have to look ahead to 5MIL net worth, and getting lazy:)
[Sun Jan 18 20:58:49 EST 2009] JeffO and prepare for that day.
[Sun Jan 18 20:58:51 EST 2009] Muddy if you trade for a living…i think at least $50k needed
[Sun Jan 18 20:58:53 EST 2009] InvestorsLive i usually try for $100-150 x 6-10
[Sun Jan 18 20:59:12 EST 2009] InvestorsLive but the point is.. you don’t need $200k to do it
[Sun Jan 18 20:59:16 EST 2009] InvestorsLive if you have it in there.. you’ll use it
[Sun Jan 18 20:59:19 EST 2009] InvestorsLive and you don’t need it
[Sun Jan 18 20:59:31 EST 2009] Muddy but guys..swing trading is dead imo..
[Sun Jan 18 20:59:56 EST 2009] Muddy unless you are really good…which i know i’m not
[Sun Jan 18 21:00:05 EST 2009] monster for a full time trader what’s should he she make per year? not over agressive and cutting losses?
[Sun Jan 18 21:00:14 EST 2009] Muddy the whole game has changed…
[Sun Jan 18 21:00:23 EST 2009] InvestorsLive can u rephrase monster?
[Sun Jan 18 21:00:33 EST 2009] Muddy its a daytraders game now and forever imo
[Sun Jan 18 21:00:36 EST 2009] autumnalcity He asked, “What are y’all making.”
[Sun Jan 18 21:00:38 EST 2009] autumnalcity LOL
[Sun Jan 18 21:01:12 EST 2009] Muddy ha,whatever keeps you from working!
[Sun Jan 18 21:01:17 EST 2009] InvestorsLive lets put it this way
[Sun Jan 18 21:01:23 EST 2009] InvestorsLive an apple a day keeps the doctor away
[Sun Jan 18 21:01:33 EST 2009] InvestorsLive $XXX keeps the job away
[Sun Jan 18 21:01:43 EST 2009] JeffO I’m just learning but other “job” is recording music – mostly after trading hours are over. So I can be double-full time, or take it easy:)
[Sun Jan 18 21:01:46 EST 2009] InvestorsLive fill it in with what ur comfertable with
[Sun Jan 18 21:01:50 EST 2009] InvestorsLive comfortable
[Sun Jan 18 21:01:53 EST 2009] InvestorsLive i cant spell that word tonight
[Sun Jan 18 21:03:39 EST 2009] randy841 you don’t need $200k to do it good point IL .. if you can’t make it w/ 50000 you will not make it w/ 100-200k… build account and see whatever strategy being utilized is working
[Sun Jan 18 21:04:21 EST 2009] Muddy one thing….we on this group if you use this stuff IL,me and a few others use…
[Sun Jan 18 21:04:35 EST 2009] Muddy give you an EDGE!
[Sun Jan 18 21:04:56 EST 2009] Muddy so many use the same ol,same old
[Sun Jan 18 21:05:05 EST 2009] Muddy thats why 90% lose
[Sun Jan 18 21:05:52 EST 2009] Muddy none of that stuff,our stuff is unique
[Sun Jan 18 21:05:57 EST 2009] LuckyCharms imo seeing what a trader does in real time is a great help..
[Sun Jan 18 21:06:31 EST 2009] Muddy maybe off the wall to most but we are trying to appeal to the few that get this
[Sun Jan 18 21:07:03 EST 2009] LuckyCharms I read hundreds of books about the stock market and never seen a real trader in action..
[Sun Jan 18 21:07:06 EST 2009] Muddy we have only just begun,imo…
[Sun Jan 18 21:07:22 EST 2009] autumnalcity OMG Guys, guys, guys, it’s as close to a Muddy Manifesto as we’re ever going to get
[Sun Jan 18 21:07:24 EST 2009] autumnalcity Better be quiet!
[Sun Jan 18 21:07:55 EST 2009] Muddy our stuff is not mainstream but mainstream loses 90% of the time…
[Sun Jan 18 21:08:27 EST 2009] Noobtrader.08 for anyone who is a newbie in here, other than me… I’m living proof Muddy‘s method works…
[Sun Jan 18 21:08:30 EST 2009] LuckyCharms my learning leap for me was to be able to see differnet traders in action and how they trade.
[Sun Jan 18 21:08:39 EST 2009] Noobtrader.08 I have made 100% on my account…
[Sun Jan 18 21:08:42 EST 2009] Noobtrader.08 several times…
[Sun Jan 18 21:08:47 EST 2009] Muddy i’m shunned on those blah blah blogs that talk about market conditions…
[Sun Jan 18 21:08:48 EST 2009] Noobtrader.08 but because I’m a new too… I lose it…
[Sun Jan 18 21:09:02 EST 2009] Noobtrader.08 part of the “tuition is high in thsi game…”
[Sun Jan 18 21:09:07 EST 2009] Muddy but do i care,,no ,the jokes on them,ha
[Sun Jan 18 21:09:51 EST 2009] randy841 Muddy: none of that stuff,our stuff is unique definitely agree their Muddy .. i’ve traded w/ anotherer trader for 2 years (before she retired) directly trained by Tyler owner of stockscores.com… his stragegy was more of what Tim Skyes does which is swing trading…. i’ve traded fast a few tim
[Sun Jan 18 21:10:09 EST 2009] Muddy honest,they spend hours looking at market condions….
[Sun Jan 18 21:10:27 EST 2009] randy841 btw wondered what Muddy meant by beoming familar w/ smae old stocks .. now that i am here for a about 4-5 wks .. you definitely get to tsee the sames plays over and over
[Sun Jan 18 21:10:30 EST 2009] Noobtrader.08 the mods in this room are the real deal… they give you their time… they answer all your questions… etc… most know this already… but for those who don’t…
[Sun Jan 18 21:10:41 EST 2009] Muddy we can do this in minutes a night,once you get the hang of it
[Sun Jan 18 21:11:41 EST 2009] InvestorsLive u do Randy
[Sun Jan 18 21:11:42 EST 2009] Muddy randy,like the GOOG AAPL ones..theres no advantage
[Sun Jan 18 21:12:09 EST 2009] Muddy yes the ones over and over..the DDR kind
[Sun Jan 18 21:12:16 EST 2009] Muddy ask IL,ha
[Sun Jan 18 21:12:27 EST 2009] Muddy he’s the DDR junkie
[Sun Jan 18 21:12:37 EST 2009] InvestorsLive ha
[Sun Jan 18 21:12:46 EST 2009] InvestorsLive DDR awesome Friday
[Sun Jan 18 21:13:05 EST 2009] InvestorsLive http://bigcharts.marketwatch.com/charts/big.chart?symb=ddr&compidx=aaaaa%3A0&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=4&size=2&state=8&sid=9872&style=340&time=1&freq=9&comp=NO%5FSYMBOL%5FCHOSEN&nosettings=1&rand=4339&mocktick=1
[Sun Jan 18 21:13:05 EST 2009] randy841 Muddy .. agree… i used to make 100s of trades QQQQ/QID .. daily w/ alot more risk .. here less capital risk just as rewarding
[Sun Jan 18 21:13:13 EST 2009] autumnalcity Does this mean we’re like the Viet Cong of the stock market
[Sun Jan 18 21:13:19 EST 2009] autumnalcity no one knows WTF but we’re winning?
[Sun Jan 18 21:13:19 EST 2009] Muddy honest,you catch those…ones that are “in Play”
[Sun Jan 18 21:14:00 EST 2009] InvestorsLive AMOT
[Sun Jan 18 21:14:09 EST 2009] Muddy just take the top 20 dayrangers…
[Sun Jan 18 21:14:12 EST 2009] InvestorsLive still watching that one
[Sun Jan 18 21:14:19 EST 2009] InvestorsLive on my screen every day
[Sun Jan 18 21:14:28 EST 2009] InvestorsLive $2 to $6.50 to $2
[Sun Jan 18 21:14:29 EST 2009] merlin Lucky,here’s a site of Oliver Velez of Velez Capital trading..vcmvideos.com/index.htm
[Sun Jan 18 21:14:30 EST 2009] InvestorsLive and dead
[Sun Jan 18 21:14:40 EST 2009] Muddy add the ones in play cause they are the runners now,,,
[Sun Jan 18 21:14:50 EST 2009] Muddy add common sense
[Sun Jan 18 21:15:07 EST 2009] InvestorsLive also OTCBBs are coming back to life a little too
[Sun Jan 18 21:15:15 EST 2009] InvestorsLive you may see more of those plays and Muddy and I both know former runners there
[Sun Jan 18 21:15:19 EST 2009] InvestorsLive PGOG example
[Sun Jan 18 21:15:25 EST 2009] merlin vcmvideos.com/index.htm
[Sun Jan 18 21:15:33 EST 2009] John doh Anyone seen the movie Mirrors?
[Sun Jan 18 21:15:35 EST 2009] InvestorsLive we don’t play many OTCBBs but if the $ volume is there
[Sun Jan 18 21:15:43 EST 2009] Muddy merlin,OVelez book ,did you read?
[Sun Jan 18 21:15:51 EST 2009] John doh Oops
[Sun Jan 18 21:15:53 EST 2009] Muddy the last one
[Sun Jan 18 21:16:32 EST 2009] InvestorsLive Do the recaps help a little while looking at the chart? seeing real time comments?
[Sun Jan 18 21:16:33 EST 2009] InvestorsLive http://www.InvestorsLive.com/2009/01/16/a-big-recap-and-hot-stocks-scan-for-friday-the-16th/
[Sun Jan 18 21:16:35 EST 2009] Muddy former runners,i get all shaky,ha
[Sun Jan 18 21:16:57 EST 2009] LuckyCharms have not read much on him merlin
[Sun Jan 18 21:17:07 EST 2009] Muddy i sit here and watch hod list for those!
[Sun Jan 18 21:17:22 EST 2009] Derffie I like the recaps… lets me know what folks were looking at
[Sun Jan 18 21:17:23 EST 2009] merlin IL knows him
[Sun Jan 18 21:17:33 EST 2009] InvestorsLive i dunno him
[Sun Jan 18 21:17:36 EST 2009] InvestorsLive u just sent before
[Sun Jan 18 21:17:38 EST 2009] InvestorsLive looked at it
[Sun Jan 18 21:18:21 EST 2009] Muddy i like him,his books makes sense,they say he’s not a trader,i dont care,he is good imo
[Sun Jan 18 21:18:40 EST 2009] Muddy RECAPS!
[Sun Jan 18 21:18:45 EST 2009] Muddy yes
[Sun Jan 18 21:18:48 EST 2009] merlin he is the partner of Greg Capra Pristine Capital before
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