yyhoop

China Stocks rebound, futures are up, Greece waiting on approval to terms to stay in the Euro, COULD be a nice day to play potential bounces, watching WBAI reaction to Chinese market bounce

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yyhoop

Sold $CBLI pre at 5.98

eight
eight Jun 28, 15 8:16 AM

Hi yyhoop what are your starting capital?and are you under the PDT rule?

yyhoop
yyhoop Jun 29, 15 12:15 PM

Bought $DSKX 2.43. Some long term support 2.40ish from early 2014 at 2.40. Very tight stop 2.35

yyhoop
yyhoop Jun 29, 15 5:20 PM

@eight I started with 500 and traded with that for a couple months. Since then I've added to it slowly. I'm trading with Sure Trader so I'm not under PDT

eight
eight Jul 05, 15 3:35 AM

thanks yyhoop. good for you that you are not under PDT

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yyhoop

@_SamH_ I don't go in to Tim's room much anymore. I have his streaming on, but not the chat. It's just too busy for me and seems disorganized. I am slower paced. For the most part I'm not in any chat room during trading hours. I am working on DD during the day on stocks that are in play. When I was in the challenge I enjoyed the challenge chat room, it was more effective. When I have the funds available I will rejoin the challenge. I have learned a lot from Tim and his videos, challenge webinars. That being said, he is not the end all be all in the trading world. He has a niche and that is what he teaches and it works. But I believe in expanding and learning. The funny thing is that, after all the trading, watching videos until my eyes bleed..the reading, using tools of other traders and adopting them to my own niche, I am coming back to the way Tim trades but with a better overall understanding of how I trade.

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yyhoop

@_SamH_ I have mixed feelings about IU, the main reason is the trading style just doesn't fit with me well. They trade 4 or 5 stocks a day, scaling in and out and it's hard for me to follow, not that I want to trade like Nate. They have 10 or so moderators with a range of trading styles and sometimes with their own watch lists. The best thing is to find 1 or 2 of the moderators that trades the way that fits with you. Traders do really well in the room and I have had success in the room. The nice thing about the chat room is that it is very controlled and traders get blocked if they get off subject during trading hours, no tolerance. I mostly use the site/chat to see what they are watching and then trade the way I trade. If you want to watch their training videos I think you have to purchase the Elite package. I have learned a lot from them, and my trading is better because of them. My scans are now my own, and I usually have a couple that matches up with theirs. They do play higher priced stocks at times ($100.00+ at times) I would highly recommend giving it try. They have quarterly packages, I just have the basic package, which gives you access to the watch list and the chat room. Hope this helps. I have nothing bad to say about them. They are a class act, it just doesn't fit with me well. Maybe over time it will. I am still a member. I like to trade my way, my picks that I can plan for. I find that I watch for weak opens much more since joining them, I use a 9ema, and watch VWAP because of them. It's an effective strategy, it's not all telling but it's a tool. The more I try to trade like someone else the more lost I get. Hope this helps.

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svoboda
svoboda Jun 26, 15 2:06 AM

@yyhoop I appreciate you are posting your watchlist and helping other members. I am following you because you are transparent and posting your trades. No matter win or loss. Same goes with me. There is just to many traders who are talking about big gains they have made and when you look at their profile they didn`t post any trades and i just hate that. Anyways i just wanted to ask about 9 ema. Are you using it with corelation with some other ema (30, 50?) or do you have only 9 ema? Thanks. Wish

svoboda
svoboda Jun 26, 15 2:07 AM

Wish you all the best! ;)

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