Great explanation of how to look for and play the ramp! Thanks Jack.
Copied every chart and plastered notes on all of them. Absolute gold again @Jackaroo, thanks a ton! Additional take aways: "When stocks show strength you can't be taking these stocks off your watchlist. You have to look at these over 15 days 15 minutes, 30 day 30 minutes or 5 day 5 minutes depending on how long they are going to consolidate for. You need to be watching for them to be sticking around their near their highs. Trading is all risk / reward and you'll achieve way better risk / reward
Swell Lesson Jack
One the the best instructional videos I have seen to date, thanks Huddie
So glad you got this on film - gotta study history. Wish I had seen this before the perfect setups like this in the past month. Amazing how consistent this pattern is when true panic happens!
I love this video. One of your best Huddie!!
what accaunt you use to short OTC ?
Lots of good nuggs of wisdom here. I'm almost 2 months into the challenge now and glad to come across a post like this. It's refreshing to see some long bias, everywhere I turn it seems that people want to drop the hammer on stocks-ha! I can see where you are coming from with understanding the mindset of a short seller to help with long setups--Spikeability and Short Stocking have given me some perspective on this, as well as SEC filings and the book the art of short selling by kathryn staley se
awesome post @mason_fecht! I've been focusing lately on avoiding getting shaken out of my trades and am having much more success!
wow man, very inspiring! thanks for taking the time to share this with us. i've been a trading challenge student for a under a year now but i've only been trading for about 4 months. When i get discouraged its post like this that perk me back up and keep me focused. Thanks.
WOW!!! Great post Mason!!! You are wise beyond your years!!! Very informative and inspiring for an old dawg like myself. Thanks for this!!!
Thanks Chopper - yes the walk away works - for me it is to study to trade right, being a slow learner on a Harley (me)! Good to hear from you. Be well my friend.
@asfricksrs thank you my friend.
I pray that everything gets better for you man
Sorry for your loss Chopper, but good to see you back ! COngratulations on your gains =D
great insight oaths lesson, thank you
Fantastic Thanks Huddie
I,m definitely a fan, great explanations thank you
Excellent Thank you for the update, and the review! awesume
@SKYisDLimit no problem! Glad you like it :)
Excellent work !!!
@GrihAm3nt4L thank you!
Excellent !! Thank you
great vid! Thanks!
Great Video! It is great to see your thinking process. I'm just curious if you switch to other time frames to smooth out the curve and remove some noise to avoid shake out or if you only use 1 minute. Clearly you don't have to worry about PDT rules like I do. I'm constantly rethinking trades because I can't exceed the 3 trades in 5 days. It sucks and has cost me a lot of money
@DM4BigD sorry for the delay......absolutely switch to other time frames all the time. you never know what the rest of the tradng world sees until you do.
Some gold here, I even wrote down the portion about "the code" in my notebook. Thank you for taking the time to help us all
Do you use Twitter?
Awesome ! Thx Craig, see you in chatroom =D
@cidguy I don't really use twitter....just trying to get consistent results