If this is your first time – just show up in the momentum chat room aft 7:50PM to ensure that everything is working fine and not to waste the first 5-10 minutes of webinar dealing with a handful of late users issues
We EXPECT that you’ve watched the DVDs and at very least watched entire new members page/getting started page so that we don’t waste traders times who have actually taken the time to do so
“What is SSR”
“ABCD?” and random stuff like that will not be answered
This is a time to talk about recent events, tradess or issues you’re having and ideally better one another
Please post all questions below!
1) At 15H30 CRMD tanked….why and how did you spot/expect it ?
2) You also made a great call on LL when it tanked at about 14H20….same question ?
When the market is pulling back like the last few days what is the change that you make to your strategy?
when looking for the SS entry on something like CRMD. For a beginner with a small account, Would you suggest a tight stop or to let it run a bit and hope it turns. All my big losses are from not knowing when to stop out and getting squeezed out. Even if I catch the down side ive usually already been stopped out twice and end up loosing $ overall.
I noticed that a few of the senior traders (elkwood66, InvestorsLive, ModernRock, DerrickJL) hold certain equities o/n, such as CRMD from today. What factors from reading the charts help you determine what to hold o/n and how do you determine what size to o/n?
Nate , Can you talk on the current market condition — (i.e the choppiness of today).
How do we adjust when the market changes.. In other words when the market keeps selling off and these “runners” stop coming what do we do differently? Any tips to adjusting when the market finally stops running.
(won’t be in webinar will watch VOD after)
During your Twitter conversation with Derrick a few days ago, you were giving him advice (on scaling) on said, “that was something I worked on over 6-8 months – scaling size is not just going 2x 3x 4x it’s a whole lot more involved”. Could you go into more detail on that?
Thanks
Nate — Really thankful for what you do. I’m new here, so sorry if you’ve answered before but do you use Pivot Points for any point of reference in developing your plan? IE: Triggers for buy/sell