Received 30 Karmas
andrewfael
1
andrewfael Jan 24, 3:28 AM

Great Post, and congrats on making back your losses, keep it up!

ZachR
1
ZachR Feb 09, 5:46 PM

Nice Work thanks for posting.

JKelly
1
JKelly Feb 10, 12:50 PM

@Javadmila Don't focus on trying to make a trade work midday. It rarely works out and rarely do solid setups present themselves midday. Wait until 2PMest and one to look for HOD breakouts and stuff that is holding its gains on the day, has great volume, is setting higher lows and buy the HOD break. Look at my ACBFF trade here: https://profit.ly/1Mv2rY for a chart example. Hope this helps

Join now or log in to leave a comment
Received 6 Karmas
TradeSmall
TradeSmall Jan 20, 4:17 PM

When entering a trade, it helps to have a stop loss price pre determined just in case things don't go my way.

huperauxano
huperauxano Jan 23, 1:41 AM

You are right - reacting to price action is better than trying to meet your expectations about a trade.

dmatin
dmatin Jan 23, 8:19 PM

MYSZ failed morning spike got me too, and I didn't even chase but got an excellent entry. There are times where you should be patient and there are times where you shouldn't.

riplies24
riplies24 Jan 28, 10:16 PM

thanks for the replies, good info!

Join now or log in to leave a comment
Received 9 Karmas
Craigtradesthis
Craigtradesthis Feb 10, 10:17 AM

So, went on a week long or so hiatus to read and learn in an effort to stop overtrading and chasing strength or weakness. I have never traded 100k in one position! I think it has something to do with my trade imports, which I am still getting used to. My swings have been fine I guess. my biggest issue has been setting risk/ reward that is suitable to me. I want only very high reward to risk as I'm sure everyone does.....The only issue is I have a hard time setting levels for risk reward that all

Craigtradesthis
Craigtradesthis Feb 10, 10:18 AM

that allow me to make a few grand without risking over a grand.....and I'm trading for a living so its hard to just say "wait for the good plays" and "don't trade everyday".

maherc12
maherc12 May 17, 4:02 PM

I have found that trading only the stocks with big volume and volitility is best. When the bollanger bands go vertical, big volume comes in and price is pushing above the 9 EMA, trading is fun. Good book- The Trading Book by Anne-Marie Baiynd a pro tading coach. I have been struggling with poor entries, so I am playing only the best setups.

Join now or log in to leave a comment
Received 38 Karmas
papajohn
papajohn Jan 17, 7:46 PM

@huperauxano the R-value is just the ratio of my average win to my average loss. I’m not ready to talk about the Kelly percent yet, I don’t want to lead anyone down the wrong path there.

unterron
unterron Jan 22, 11:44 PM

Did you make you make that spreadsheet?

papajohn
1
papajohn Jan 23, 12:20 AM

@unterron yes I made my spreadsheets I use for analyzing my plays.

Join now or log in to leave a comment
timothysykes
2
timothysykes Jan 12, 11:43 PM

See http://tim.ly/memsykes for coupons and the alerts are realtime reminders of my favorite patterns, good for education, but my top students see/trade before me as these stocks move FAST

huperauxano
huperauxano Jan 23, 1:59 AM

Tim's alerts are not actionable, meaning you shouldn't trade them just because he alerted them. Use them to learn why he is going into trades. Look at the chart where he enters to determine why that was a good entry. Get Pennystocking Silver - it includes Alerts and video library. I am still learning but have gotten better at trading over the past year watching boatloads of daily videos.

Join now or log in to leave a comment
Received 16 Karmas
huperauxano
huperauxano Dec 24, 17 11:58 PM

Awesome job - what was your one pattern that clicked? Dip buy? Bounce short? Thx

papajohn
1
papajohn Dec 25, 17 9:35 AM

The setup I’m playing is multi day breakouts.

joshkhanimov
joshkhanimov Dec 26, 17 9:32 PM

can you tell me how you scan for these multi day breakouts can't seem to find any

papajohn
papajohn Dec 27, 17 10:02 PM

I just scan for biggest percent gainers. Then look at the daily chart and see if anything is setting up.

Join now or log in to leave a comment
JKelly
JKelly Dec 22, 17 12:28 PM

@makemoney18 you need to email support@profit.ly Sykes isn't gonna help.

huperauxano
1
huperauxano Dec 25, 17 12:00 AM

Same thing happened to me. Admin at Sykes wasn't able to help. Only thing I can think of is the password length - is your IB password longer than 8 characters? If so. change it and see if that helps.

makemoney18
makemoney18 Dec 25, 17 10:19 AM

That's unfortunate. I've tried smaller PW 8 characters or less, still get an error message when data trys to download. I've cancelled my subscription service as I see no point to have if I cant verify trades. Merry Christmas to all.

Join now or log in to leave a comment
SArtAndPlay
SArtAndPlay Nov 24, 17 4:49 PM

I would say that BTSC is strictly a sympathy stock to what Bitcoin is doing. So, if Bitcoin is up, BTSC will most likely be up, too. In contrast, low float stocks like HMNY, DCIX, KBSF, KONE, etc, on the same page of their stock profile on finance.yahoo.com, you'll see that their float is very low.

SArtAndPlay
SArtAndPlay Nov 24, 17 4:51 PM

The float is determined by 1. how many shares are outstanding, 2. how many of those outstanding shares are not held by insiders, and I think 3. how many of those shares are not held by institutions (but I'm not sure of #3, so take that one with a pinch of salt).

huperauxano
huperauxano Nov 24, 17 11:44 PM

If you go to finviz website and type in a ticker it pulls up shares outstanding and shares float.

Join now or log in to leave a comment
Page
of 19