DTrain45
DTrain45 - May 26, 16 10:47 AM

@AirplaneJane I think I finally have caught on to your niche. The concept im starting to see that may work is. we always chase/plan for stocks that are breaking out but 7/10 fail to breakout due to what ever reason, and in return lose money. (from a long biased stand point) so if we stop looking at extended charts to the upside, and instead, look at charts extended to the downside, you can get the same adverse effect where 7/10 expected shorts will fail. thus providing the expecting edge to the longs??? Sorry for the long post, ive just noticed that stocks have a equilibrium. and majority of us want to hope for an out of the gate b/o, when if you look at over-failed charts, there are more consistent long opportunities to take advantage of, just like we would trying to short a chart that is up... and we dont have to fight trying to find shares to short bc everyone is willing to sell junk. My first test on this was PSTG, looking for long b/o past 11.9 for r-g intraday play. 5/26, looks like a play you would have killed. thanks for any input.

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AirplaneJane
2
AirplaneJane May 26, 16 11:37 AM

Yes definitely. It is like Tim's strategy for shorting at the top of a parabolic. I found the reverse in going long at the bottom. Less risk going long than short because you are limited to your investment. Shorts can get squeezed which is what I love from the bottom and trading with their fear driving the stock up. Great job.

GreTa
GreTa May 26, 16 2:53 PM

Hi Jane mind sharing you SCAN set-up for finding these kind of stocks. I notice you play mostly Stocks above $10.00.

leotrade
1
leotrade May 27, 16 12:22 AM

Great job @DTrain45 but I think the key is on the timing now. that's what really makes the diferecia between a traders in my opinion. Thanks for your comment!

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GreTa
GreTa - May 23, 16 4:40 PM

@AirplaneJane wow Jane, you're gonna be hitting your $100K Target sooner then you think, you're such an Inspiration to watch, I've been following you and watching you since you've had 5K.

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AirplaneJane
2
AirplaneJane May 23, 16 8:37 PM

Thank you Greta it is all surreal but my new reality. Each trade is fresh start and I assess risk on all of them.

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EBickford1
EBickford1 - May 19, 16 10:56 AM

$PRGN - Earnings loser, but still spiking???
MadMikey
4
MadMikey May 19, 16 11:00 AM

Because it reacted to earnings. Earnings winner dont necessarily have to have good earnings, its simply the reaction to it. Perhaps something was included in the conference call or SEC Filing. Regardless, Tim Sykes DVDs clarifies this in detail

Kbott
Kbott May 19, 16 12:27 PM

Numbers don't necessarily matter, HTMM covers it in detail :)

GreTa
GreTa May 19, 16 1:12 PM

Price Action

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GreTa
GreTa - May 18, 16 4:58 PM

THEN WHY THE FUCK AM I NOT APPLYING THIS TO MY TRADE.
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me_bruch
me_bruch May 18, 16 5:57 PM

I am still working on discipline and emotions as well. You have a lot of the key lessons I have learned documented here. You are doing great, just learning. Unfortunately one of the best ways to learn is by going through tough times. ;-)

GreTa
GreTa May 19, 16 1:17 PM

@Chongette32thanks, and no I'm not giving, I think I'll for the next couple of days, analyse my trade and see what I'm doing wrong, see what's working for me and what's not.

GreTa
GreTa May 19, 16 1:18 PM

@me_bruch indeed, I'm still on a learning curve, however I'm glad you learnt something from here as well.

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