Chat Log for 5/29/2021
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- 03:59 AMKDerkovichreenaroyhello and welcome! I'm fairly new here myself so I don't have a wealth of knowledge to share but check out this blog post from Tim for brokers. https://www.timothysykes.com/blog/best-online-brokerage/ Being in Australia, you may not be able to open certain broker accounts without a US address, I think interactive brokers allows you to open an account from anywhere in the world, but I'm not positive on that.
- 04:02 AMKDerkovichI use TD Ameritrade. Even though I now live in Europe, I also still have a US address and my account is from when I lived there.
- 06:59 AMStockDiverAnyone one know what's up with loading trades to Profit.ly? Still can not lead trades for three days now. Tim mentioned some upgrade was going on and not sure if it is just effecting TOS
- 07:26 AMTrade4CharityWhose studying at 7am Saturday!!!!
- 08:02 AMoriginalkeithbHIMMENYwhat do you think about $EMAN up on no news with warrants and shelf, abnormally high volume
- 08:21 AMoriginalkeithbpotential short
- 08:23 AMTravis_RiosoriginalkeithbMarket momentum shift from the memes and others running. Being a bit more cautious on shorts vs 3 weeks ago. New's isn't required for things to run if the waffle traders are in a mob mentality
- 08:24 AMTravis_RiosHalf the stuff in January didn't have news, running 300% reking shorts
- 08:25 AMoriginalkeithbTravis_Riosgood point, i ran into a guy last night who thinks AMC is going to be another $GME and he went it a tirade when i told him he should have sold at 35
- 08:27 AMoriginalkeithbwent into this whole thing about naked shorts and brokers yada yada yada
- 08:28 AMTravis_Riosoriginalkeithb90% of traders lose cause 90% are degenerate gamblers, despite what they tell themselves. But there's more of them, so always good to be a little late rather than a little early on the short when they are in a frenzy
- 08:30 AMTravis_RiosAnd then there are those shorts that see themselves as intellectuals, shorting because xyz is trash fundamentally and up on no news. All of these companies are trash, but as Jesse Livermore says "Go with the least line of resistance"
- 08:32 AMoriginalkeithbdid you watch dux videos yet?
- 08:32 AMTravis_RiosYeah a good amount, mostly stuff got from watching all his youtube videos but still entertaining, thx again
- 08:36 AMTravis_RiosPDSB beast daily
- 08:38 AMoriginalkeithbyeah im pissed i was holding that on a swing trade and got impatient and sold for a very small gain, would have banked on it
- 08:43 AMoriginalkeithbcannabis sector might be heating up, i caught that HEXO move yesterday and I watching $CRON for a continuation next week
- 08:45 AMTravis_RiosYeah been watching weed and crypto stocks for rallies. $CGC nice friday
- 08:48 AMoriginalkeithbare you familiar with the gap fill strategy?
- 08:52 AMoriginalkeithbwhat time frame on the chart is best to look at
- 08:55 AMHIMMENYoriginalkeithbi usually stay away from shelf offering and warrant stocks, if its up then they stopped dumping recently but if the shelf and warrants are still allowed to be issued then the dumping will resume soon
- 08:56 AMHIMMENYoriginalkeithbi try to wait for more extension on these plays, then a first red day or clear shorting indicator before playing the short on it, when the chart lines up with the fact that they can dump shares, its more in favor of the short
- 08:58 AMHIMMENYoriginalkeithbalso have to be careful with overcrowded stocks because other wanna short warrants and and shelf, so be a little more meticulous than if you were shorting anything else
- 09:00 AMoriginalkeithbHIMMENYIm studying gap fill strategies https://dotnettutorials.net/lesson/gap-trading-strategy/
- 09:02 AMoriginalkeithbspecifically for gap down
- 09:16 AMTravis_RiosAnd old Roland youtube video introduced me to the idea
- 09:17 AMTravis_RiosoriginalkeithbOh my bad, clicked that article and think we're talking about something different
- 09:18 AMTravis_RiosMaver1ckOn ToS have to cancel the existing order before selling what was filled. Not sure on Etrade
- 10:10 AMTrade4Charity..I have watched all of Tim's videos. Not I am doubling down on Level 2, Trading Tickers, Penny Stock Duex, repeating the watch and taking more notes. Applying what I learn on small amounts of trading, and then sizing up on a pattern I am focusing. Currently, like Pattern #1, Pattern #2, fit my personality. Dip buy #5, have often got it wrong, but still practing on paper account and small amount in my margin account on #5.
- 10:26 AMsuhwateezeHope everyone has a great weekend!
- 10:36 AMTrade4CharityHIMMENYtrue. if you ever play sports, the game is slowing down day by day. I am starting to see the plays more and more. Awakening kinda thing.
- 10:56 AMLostArk21Maver1ckIf you are new to trading, especially penny stocks, it MIGHT help you to set your trades up for all or none, thus avoiding partial fills. That is what I do, it works for me. I absolutely do miss out sometimes on trades because of that, but it is easier for me to deal with instead of worrying about partial positions. I might be in the minority on that but until I am better with my executions I just want one less thing to think about.
- 12:35 PMdustydoughboyStudying hard one day I’ll be a millionaire
- 12:41 PMStockDivermad_MannyRight now there is an issue uploading trades. There was an upgrade done. I still can not up load any new trades.
- 01:21 PMSavage_lifterRule #1 saved it to my home screen (rofl)
- 03:24 PMTravis_RiosStudies in Tape Reading by Wyckoff pretty entertaining read for any interested. Obviously tape is much different today, but some of the philosophies he has about trading based off of it are pretty similar
- 03:26 PMTravis_Rios(More so for entertainment than actual studying)
- 05:11 PMSmartraderhi everyone. are you all signed up to stock to trade
- 09:26 PMverizonwireddoes anyone know how the popularity chart work?
- 09:26 PMverizonwiredI dont understand why im "popular". I havent done anything
- 09:45 PMoriginalkeithbwazzup
- 09:47 PMoriginalkeithbwatching trading tickers 2 chapter 6 doji short strategy
- 09:48 PMoriginalkeithband chewing gum at the same time
- 09:52 PMoriginalkeithbHard to set the TOS scanner for a doji day 1 setup
