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prasky
2
prasky Jul 15, 18 10:15 AM

I find that completley dependant on volume. I prefer to watch stocks with a float that is under 100 million but if a stock has volume that can be impressivly half or more of the float it's worth "watching".

Shawn_McCune
2
Shawn_McCune Jul 15, 18 10:42 AM

I agree with prasky about the volume, but 20-25M is a sweet spot. You want the ownership of the stock to completely flip during a heavy day of trading. The more times it flips, the higher it will go. By the way, the high float is a key indicator of a shitty management team. It usually means they’ve had quite a few public offerings to keep their doors open.

axhtrader
2
axhtrader Jul 15, 18 2:55 PM

Agreed, float alone is not enough. It depends on volume, price action and the chart. Also % of shares owned by institutions can indicate whether the price action will be "inorganic" if that makes any sense...

axhtrader
1
axhtrader Jul 15, 18 3:00 PM

Basically "lower float + high volume". All my scans are on TOS and I filter for less than 40M Shares Outstanding (float + unavailable shares to the public).

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Kody
Kody Dec 01, 17 7:45 AM

From my understanding Bear market will be when selling outweighs the buyers for an extensive period of time (longer than a correction). Overall market will be in a down trend. I cant answer a lot of those specific questions as I'm still new to this but Tim Sykes and others always say 3 out of 4 stocks follow the market.

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TraderTrav
1
TraderTrav Nov 21, 17 10:37 PM

If you're able to afford $208.95 per month, get Stocks to Trade. It's $179.95 monthly and now they charge $29 as an add on for Level II data, but it's worth it. You can also try it for a week for $1. As for answering your question about what you'd get executed at, I believe that would depend on how good the execution is with your specific broker. To my knowledge, there's no guarantee of any displayed price being locked in to your order other than maybe a limit order or stop loss, but someone e

TraderTrav
1
TraderTrav Nov 21, 17 10:38 PM

lse can hopefully answer your question better than I did. Hope that helps some...

TraderTrav
TraderTrav Dec 03, 17 10:53 PM

@SFKrystal The level II on STT carries data for OTC

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axhtrader
axhtrader Nov 02, 17 8:14 PM

I am down to do group studying sessions on the weekends. I am not a "great" trader yet lol but I'd like to be a part of this. Unfortunately I don't live in California anymore, so If video call study sessions are something you're willing to do , again I'd be down!

ash8887
1
ash8887 Nov 02, 17 8:43 PM

cool! ill keep you posted if other people in the area contact me

DLC2277
1
DLC2277 Nov 02, 17 9:28 PM

I am down for Video Meetings too I used to live in Cali but have been gone for 20 some years but when this takes off for me I will buy some property there.... but would love to start a study group.

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Kody
1
Kody Sep 28, 17 2:07 PM

awesome I myself couldn't pull the trigger but was watching!

fittrader101
1
fittrader101 Sep 29, 17 3:18 AM

@Kody This is the thing. You should've done it! You know why? Your reward was much higher than your risk! But next time better bro!

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alouis752
3
alouis752 Sep 23, 17 11:16 PM

well for one thing, Tim Sykes tells people not to trade as much as they think they should. It is also worth mentioning that through Tim's strategies, he has already made several millionaires. Look at the stocks any day and you'll see that his dip buy strategy keeps working over and over again.

axhtrader
axhtrader Sep 24, 17 1:08 AM

@alouis752 As I mentioned , so far I have kept my account green experimenting with long strategies that Tim S and Tim G teach in their DVDs. I've been consistent enough with the past 30 or so trades I've made, so I am so I am off to a good start I hope. But that doesn't mean I am going to throw out healthy skepticism about gurus, profit.ly etc. Its important to get a clear picture of how the industry works and seeing everything from all potential angles.

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Palmer
Palmer Oct 15, 17 12:13 PM

aside from a hard stop or a limit order a good bit away from the actual.

Kody
Kody Oct 15, 17 1:20 PM

Hmm I'll check into it. I don't subscribe to any of the data so maybe that's why? Thanks for the response

Palmer
Palmer Oct 15, 17 5:16 PM

Ahhhh...yeah that might be it. I have the $10 plan I believe for the real time data...makes no sense why we need to pay for real time quotes at all...

Kody
Kody Oct 15, 17 10:52 PM

Yeah no sense at all!

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axhtrader
axhtrader Sep 20, 17 11:32 AM

Pretty much the same mistake here. Could've made money, but got out way to fast and took a loss. When I am playing a morning Spike, I only enter if: Open is above, at, or slightly below G/R or Premarket Support level and holding. I'll wait until creeps above the mentioned levels and/or VWAP holding and making slightly higher lows all within the first 4 min or so. Timing an exit though is much harder for me, but selling into the second run after the first pullback is not something I thought of be

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larkjr
larkjr Sep 18, 17 2:26 PM

Thanks for the post Sabastian

zeeksorrow
zeeksorrow Sep 18, 17 2:42 PM

Awesome post thanks for the insight!

axhtrader
axhtrader Sep 19, 17 2:58 PM

Honestly, you summarized Tim G's Long strategy so well I am not even sure it's necessary to watch that chapter in the DVD anymore lol

axhtrader
axhtrader Sep 19, 17 3:07 PM

I think it's worthy to note also, there's a difference between an immediate "spike" type breakout & a gradual uptrending towards the breakout level. I believe TimG mentioned that on straight up spikes, he'd wait for a dip & hold of that breakout level before entry. Today, CAPR and ITUS had great ABCD type setups that I paper traded today due to my funds not having been settled yet. No profits but lessons on patience & timing. Great post!

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Vaytzman
Vaytzman Sep 12, 17 5:22 PM

@TerrapinShorts first, thanks alot for the comment and the support. second, you are right about trading scared my antention was that that stock was fit to my cretirias and when that happend i need to force myself to act, because at the end it's all a matter of probabilities and i rather go out with a small lose than to miss a great profit.

axhtrader
axhtrader Sep 13, 17 1:00 AM

@Vaytzman Thanks for the motivational post . I too have had some timing issues due to hesitating to act on my plan. I have no problem in managing a losing trade and cutting it intelligently. But for perfect entries, it's taking me a while to learn that one. I found it helpful to develop or perfect entry guidelines specific to a particular strategy, that way you are confident in your plan if your trading rules aren't broken as the chart develops. At some point though, you will need to act.

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