Received 3 Karmas
kobayashimaru
1
kobayashimaru Feb 18, 1:59 AM

I run 16 STT scans each night, some bring returns and some don't. I search for HOD, Top Vol gainers, Top $$ gainers, Low float, News, Filings, 52 highs. Tickers will pop up on multiple scans and some will only pop up on a single scan. The number of tickers can be considerable but I can get through them quite quickly until I'm down to my final watch list and then the work really begins. Keep at it and you'll develop your own personal scan that fits your style. Good Luck

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LordOfWar
LordOfWar Feb 14, 11:01 AM

hey bro wat are we learning at the thunderdome today :)

haafamillion
haafamillion Feb 14, 11:14 AM

Reading "American Hedge Fund" again. Then, "Trading Foundations." If there's time, I'll start re-watching Trader Checklist. But, the woman wants to see Into the Spiderverse and I have a class at 6. So :/

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jspinoza3
jspinoza3 Feb 13, 2:03 PM

Quick bounce on that one, and nothing but new lows after that so good thing you got out. I've heard of success in overnight holds but I don't know how. I guess getting in on a solid news story before most people catch on would work. Or maybe after first day of a sector mania when some gains have already manifested?

haafamillion
haafamillion Feb 13, 3:30 PM

Yeah. Looking at it now, down nearly 50% Wow. Did you short?

jspinoza3
jspinoza3 Feb 16, 9:51 AM

I did not. Although I do see that the 13th of February was the first red day after 3 greens and it was a huge panic, which sounds like a good short candidate, however I still don't understand the timing of when the short order goes in. TOS has not been very helpful for shorting anyway, so I am just on a cash account until I break PDT

haafamillion
haafamillion Feb 16, 12:00 PM

@jspinoza3 Margins and Leverage trading are dangerous AF, especially without PDT rules. Here's how I think the timing on shorts work - keep in mind I'm an amateur and I haven't practiced shorting at all. When the set up is right, the price will climb to its peak (usually a resistance level). You know it's not about to breakout when the chart goes sideways and the volume dries up. If too many people short it'll breakout into a short squeeze. So be careful.

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kobayashimaru
1
kobayashimaru Feb 13, 1:27 AM

$VYST In my opinion I would not say it's in an up trend, it spike. Price did almost the exact same pattern in Aug/Sept 2016 and tanked, it did make some decent bounces on the way down and that is why it's on my WL for tomorrow

haafamillion
haafamillion Feb 13, 7:00 AM

You're absolutely right. I was thinking about this post the other day while watching Trader Checklist. I realized that I had misspoke re: this ticker. How would you describe it? It's not uptrending, but it's been up for a few days.... Thank you for your interactions. :)

kobayashimaru
kobayashimaru Feb 13, 10:28 AM

Over all price has broken multi month support at 0.0337. Price action has made a huge spike but it has done this before and tanked for many days later. In the long time frame price is more or less going sideways. In the more current time frame I believe that price will start falling giving some opportunities to catch some bounce plays which is my favorite setup. Keep working at this but make sure to check long time frames for all possibilities. Looking at the last few days of trading price

haafamillion
haafamillion Feb 13, 10:41 AM

Thanks so much. 日本人ですか?

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kobayashimaru
kobayashimaru Feb 13, 1:22 AM

What is the symbol? Which ever one it is put it in your master WL don't waste your time trying to keep an eye on it there are many more fish to fry out there.

haafamillion
haafamillion Feb 13, 6:56 AM

I appreciate that tip. It's actually the first stock I ever looked at - when I was very just starting to think about playing the market. I know a lot about the company. I'm not watching it to play it, I'm watching it... for other reasons? sentimental? I won't waste my money, but it doesn't cost anything to look. :)

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