$80 profit ACHN Long Stock
Entry comments: Looking for continued breakout here with morning spike likely tomor
Exit comments: Forgot they have shelf so i'm playing it safe as they could do a financing and I'm not willing to risk that overnight
This weekend reading the old school "Technical Analysis" by John Magee. I picked this book up for .01 (+3.99 shipping). Well worth it. Also still wading through "Trading Price Action:Trading Ranges" by Al Brooks. I think this book has already increased my profits this week by trying to recognize ranges that stocks will trade; most breakouts fail is what I am really understanding here. See ACHN yesterday afternoon for example
confused
Watched, thank you Michael.
The video is to old I just opened an account 12-2020 it's all different I got confused
Where do we get level 2 market data? He mentions we donât use ib for that as it doesnât have OTC level 2. Is that still the case Michael?
hahahaha! Take your hand....
Need to deal with trading in non ideal situations .. the best choice is not to trade .. sometimes news is anticipated and priced in ... once you get the process, minor mistakes abd fees don't matter
Thanks Tim
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Just a month and a half i'm learning your strategy Tim, and already had predicted and had them on my watchlist since yerstoday. That's what's up :)
how did you find out about the seeking alpha expose on REFR
hi i just started this basic subscription. I didn't recognize this as a Alert page for next day, as I had so many Timothy Sykes and profitably emails in my box. Could you flag these alerts and make it in Bullet form for easy concise readability. Then go into detail about each alert further down the page. This way i can put those alerts on my brokerage alert watch list right away with parameters . regards donna
Entry comments: Looking for continued breakout here with morning spike likely tomor
Exit comments: Forgot they have shelf so i'm playing it safe as they could do a financing and I'm not willing to risk that overnight
Entry comments: Small speculative buy on this multi-day technical breakout, goal is to make 30-50 cents/share
Exit comments: Got a nice bounce off 8.05 former resistance which is now support, but it looks to be a double top in the 8.20s so far as volume is now fading, I expected more and faster spiking, getting out to play it safe in case this is the top...welcome to speculative trading
What site did you find this book at?
I got the 7th of Magee edition from Amazon used. The info is pretty bacic and hasn't changed much so you don't need the latest eds imo. The Al Brooks books are a little pricier but incredibly informative on nearly all aspects of trading.
I loaded the boat this weekend and bought a ton of used books on trading we'll see if anything is worthy.
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