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SouthDwn
1
SouthDwn Jul 31, 17 4:44 PM

great words Roland. Thanks! Your track record is very inspiring! I know you're hearing that a lot these days and it is damn well deserved. Great work! Hope to meet you at the summit in Orlando!

ZachR
ZachR Nov 29, 17 12:27 PM

Adapt to the market and never stop learning.

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DnBtrdr92
DnBtrdr92 Jun 01, 17 1:52 PM

@Turbobob, would you say your ideal scanner paramters would lool something like. stocks greater than $1.50, but less than $20.00. stocks with market cap less than 1 billion. stocks float less than 100 million. days volume greater than 500,000. and maybe a 8 to 10% daily gain?

Turbobob
Turbobob Jun 01, 17 2:00 PM

exactly what it looks like.

firroo_g
firroo_g Jun 01, 17 3:53 PM

Hey Bob, do you care at all if the company you are trading is in a foreign country? I see a lot of companies in Bermuda, and China (Of course assuming that the volume and the market cap is good enough to trade them)

Turbobob
1
Turbobob Jun 01, 17 6:06 PM

One of the problems with trading stocks that may trade on other exchanges is the price action might be affected by events you cannot see. Especially if you are trading chinese stocks, it is too dangerous to hold overnight unless your play is a play on what you are expecting the chinese market to do. Bermuda, or other tax havens not so much as their main market would be the US.

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RichieM
RichieM May 25, 17 8:38 AM

Great video/trade! Hey Bob when you set an alert what option do you choose for the condition tab on STT alert set up? Do you pick "last" "bid" or

Turbobob
Turbobob May 25, 17 9:01 AM

I use great than or = to last trade as my alert setting.

WolfOfProfitLy
WolfOfProfitLy May 29, 17 9:08 PM

Do you always use 5ema and 15ema to determine when you sell your position?

Turbobob
1
Turbobob May 29, 17 11:54 PM

5 and 15 ema tell me price direction. Price action combined with level 2 is what gives me the sell signals.

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Turbobob
Turbobob May 18, 17 8:55 AM

I am not an expert at Elliot wave theory so my counting may not be true to the theory. It is best to read up on it on your own. But generally way 5 is the big wave.

WolfOfProfitLy
WolfOfProfitLy May 18, 17 11:17 AM

Hello Mr. Knight, what trading strategy would you recommend to grow a small account 20-50% a trade, I currently can't short sell because I don't have enough money to make a margin account, and I can't afford Tim's subscriptions yet. Any help will be appreciated, thank you.

alealvarez
2
alealvarez May 18, 17 2:21 PM

Hi @WolfOfProfitLy , Bob is the expert here, but from my experience I've never seen what you're looking for. I would recommend you to focus on 1) know the patterns that work for you 2) understand risk managment and cut your loses quickly and 3) control yourself and only trade what works for you and don't try new things with real money

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BirdsAreWild
1
BirdsAreWild May 18, 17 10:43 PM

I think I have the three patterns that I am going to follow. Dip buying, short selling, and up-trending. Those seem to be easiest for me to learn with.

WolfOfProfitLy
WolfOfProfitLy May 19, 17 8:25 AM

Thanks for the link, when I get enough money for a margin account, I will also look into short selling.

BirdsAreWild
BirdsAreWild May 27, 17 4:38 AM

I don't have enough for a margin account either. :)

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