01/04/06 Chat Session
Ken-ST Moderator: SFCC new hod
James-ST Moderator: Nice
runners.......
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ARXT 38.84[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ARXT 38.84[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ARXT 38.84[/b]
alaska: this is wild that merqe
is making a comeback when it is being delisted
tomorrow!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]RMBS
17.58[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]RMBS
17.58[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]RMBS
17.58[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]JOYG
41.56[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]JOYG
41.56[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]JOYG
41.56[/b]
Ken-ST Moderator: Yup, those
new to trading must be scratching their heads
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]RMBS 17.58[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]RMBS 17.58[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]RMBS 17.58[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]RMBS 17.86[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]RMBS 17.86[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]RMBS 17.86[/b]
Ken-ST Moderator: JOYG close
Ken-ST Moderator: SFCC new hod
Ken-ST Moderator: JOYG is still
close
James-ST Moderator: Market
turning negative, stochastics are down, trading
below 50 ema on 5 minute chart
James-ST Moderator: SFCC new
HOD
Ken-ST Moderator: JBLU new lod
James-ST Moderator: OSTK..........[img
id=em-5]
BRUNO3: STOP ON ARXT ?
Ken-ST Moderator: 38.84
Ken-ST Moderator: SFCC new hod,
JBLU new lod
BRUNO3: TY
Ken-ST Moderator: yw
Ken-ST Moderator: wb
James-ST Moderator: Market new
LOD.......lackluster start for the market
Ken-ST Moderator: gm tcat
JP: Anyone know what's up with
JNPR today? I haven't seen any news but the stock
is tanking today.
tcat: gm ken
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ARXT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ARXT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ARXT[/b]
Ken-ST Moderator: dont know JP
Ken-ST Moderator: could just be
technical
Ken-ST Moderator: gm rontrue
rontrue: gdm to all
James-ST Moderator: GOOG
filling the small gap it created this morning
James-ST Moderator: Market new
LOD
Ken-ST Moderator: wb
Ken-ST Moderator: Market is
approaching the p/d lows
Ken-ST Moderator: Market at the
p/d lows
jy: RMBS needs to break 17.50.
It tried but biunced off.
James-ST Moderator: Market new
LOD
jy: yes. not goog for the first
trading day of the year
jy: not good
Dale: what the heck is RIMBS
doing?
James-ST Moderator: Lot of
nothing
Dale: yeah
James-ST Moderator: Hopefully
the market pulls it down
Dale: it's pulling for sure
Dale: where is the stop RIMBS?
Ken-ST Moderator: 17.86
Dale: I may be too tight
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.67[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.67[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.67[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 56.26[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 56.26[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 56.26[/b]
James-ST Moderator: Creepy guys
on CNBC
Ken-ST Moderator: lol
Ken-ST Moderator: Ill be
around, but now in the futures room
James-ST Moderator: [b]CANCEL
FURTHER TRIGGERS, TURN TIME[/b]
James-ST Moderator: Questions
or comments?
James-ST Moderator: Lackluster
start to the new year.
alaska: what is turn time
again?
alaska: I am working on a clock
face
James-ST Moderator: Turn time
= Lunch period on wallstreet
James-ST Moderator: 11:00-1:30
James-ST Moderator: about
James-ST Moderator: Lighter
volume, more head fakes on stock moves
d_fig: we cancel conditional
orders but leave stop, right?
d_fig: i'm new to the room
James-ST Moderator: yes,
perfect fig
alaska: you should sell a clock
with all this stuff on it!
James-ST Moderator: Further
tradign is not encouraged
James-ST Moderator: Use this
period to take a break, or study stocks, or ask
questions......do not waste time or money trading
d_fig: what is the best way to
enter your calls? via alerts and conditional orders?
or manually?
Ken-ST Moderator: Or join us in
the E-mini trading room
Ken-ST Moderator: our best time
for the e-minis is after the first hour of the day
Ken-ST Moderator: we do not
trade the first hour in the e-minis
James-ST Moderator: Overtrading
= Rich broker & Broke trader
Ken-ST Moderator: Manually is
the best way
Ken-ST Moderator: however, it
all depends on what you are comfortable with
Ken-ST Moderator: the main
thing is you should be on Direct Access
d_fig: why doesn't LOGI have an
action and price?
d_fig: yes, i have dat
Ken-ST Moderator: ok good
d_fig: are the mornings calls
usually as fast as it was today?
James-ST Moderator: yes
James-ST Moderator: We send the
triggers what we see.......ideally it is up to you
to discern what triggers work for you
James-ST Moderator: Stocks that
fit the strategies, we sent the alerts......
James-ST Moderator: send
d_fig: great, i do like the
pace, it just might take some getting use to
James-ST Moderator: nice
d_fig: i usually don't trade
the first hour, but want to start
Ken-ST Moderator: yes, the
first hour is quick
James-ST Moderator: Next 2
hours or so.......we more or less shoot the
breeze.....even off topic......
Ken-ST Moderator: but present
the best opportunities in our opinion
James-ST Moderator: Use the
break as such.....trading is stressful and
tiring......rest
d_fig: yes, i'm use to trading
the rest of the day, but I don't want to miss out on
the early hour activity any more.
James-ST Moderator: The best
activity is in the morning......and then then in the
final couple of hours.....
d_fig: i usually break from
12pm to 1pm. when do you guys start making calls
again?
James-ST Moderator: About 1
d_fig: great
Ken-ST Moderator: We scan for
Type C setups during this time
Ken-ST Moderator: looking for
Type C buys right now
Ken-ST Moderator: If AVID can
manage a new lod, we can move our stop to entry
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID [/b]
Ken-ST Moderator: First day
here d fig?
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]AVID
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]AVID
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]AVID
[/b]
d_fig: yes first day
d_fig: on your 1% profit calls
do you recommend closing the positon or 1/2?
Ken-ST Moderator: Cool, good to
have you
Ken-ST Moderator: That is up to
the trader
Ken-ST Moderator: every trader
has different levels of comfort when it comes to
risk
d_fig: will you be sending out
another call on avid?
Ken-ST Moderator: We show here
that by taking all profits at 1% past your entry,
you will still have a big impact on your results
d_fig: i've closed all
positions at your 1% call and it seems to work fine
with your system.
d_fig: even with RMBS not
working in our favor =)
d_fig: are your stops usually
about 1% too?
d_fig: do you hold anything
over night?
Ken-ST Moderator: We do not
hold anythng overnight
Ken-ST Moderator: Our initial
stops vary depending on the stock
Ken-ST Moderator: 1% is a nice
level if we can find that
d_fig: great
Ken-ST Moderator: any
questions?
Ken-ST Moderator: RMBS is
annoying
Ken-ST Moderator: in the recent
past I feel we have traded it many times before and
it always does the same thing
Ken-ST Moderator: a lot of
action early, then flat
brow: looked like it had some
real support at .50
Ken-ST Moderator: Yes, it never
quite took out that round number
Ken-ST Moderator: any
interesting New Years Eve story?
Ken-ST Moderator: or New Years
JR: what did you end up getting
your wife for Christmas?
Ken-ST Moderator: got her an
Nano
Ken-ST Moderator: she loved it
JR: excellent, did you pass on
the bling idea?
Ken-ST Moderator: oh and I got
her a life size poster of me framed
Ken-ST Moderator: just kidding
JR: oh, well now, that's a
present! What did you get?
Todd-SOF Direct: I'll get her
some darts.
Ken-ST Moderator: lol
JR: good idea Todd!
Ken-ST Moderator: I got a lot
of small gifts
Ken-ST Moderator: but she got
me a shirt that says "Im Tired of Being My Wife's
Arm Candy"
Ken-ST Moderator: Which I am
JR: cute
Ken-ST Moderator: Its damn hard
work
Ken-ST Moderator: lol jk
Ken-ST Moderator: What did you
get?
Ken-ST Moderator: Did you get
what you wanted?
nina: did RMBS hit stop?
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]RMBS[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]RMBS[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]RMBS[/b]
James-ST Moderator: Everyone
here think my alma mater USC will roll Texas
tomorrow?
nina: i do
James-ST Moderator: [img
id=em-10]
nina: 7 pont favorite
James-ST Moderator: You are
betting on it?
nina: ys
James-ST Moderator: nina, you
are a woman?
nina: depends who's asking
James-ST Moderator: well me
nina: and how much $ they have
James-ST Moderator: hahahah
James-ST Moderator: just odd a
woman betting on football
nina: not really............my
partner is a degenerate gambler
nina: his name is bearraly
James-ST Moderator: betting on
football is illegal, are you in nevada or just go
through a local bookie?
nina: online bookie
James-ST Moderator: ah
nina: www.betreduction.com
James-ST Moderator: 60 Minutes
had a special on that last week, 40 Million
americans estimated online gambling.......it is
illegal but impossible to enforce
James-ST Moderator: Billions go
overseas.....instead of having it illegal and
impossible to enforce the US should just tax it
Dale: it's epedemic right now
James-ST Moderator: yep
James-ST Moderator: When 1/5 of
the USA is gambling online.......you know something
is wrong
James-ST Moderator: 1/8
actually
nina: Credit cards make it easy
to gamble online
nina: the latest craze is poker
nina: people staying up 27/7
Ken-ST Moderator: thats crazy
James-ST Moderator: [img
id=em-5]
nina: 24/7
nina: lots ofcollege students
going broke too
Ken-ST Moderator: most people
thinking USC will roll?
nina: Tx is a slepper though
nina: usc has the glamour and
big names
nina: I think PSU will roll
bigtime
Ken-ST Moderator: AK, I beleive
it was you that brought up AVID. Thank you
James-ST Moderator: yeah, when
i was in college i knew lots of guys who lost their
shirts gambling.......people should not gamble,
especially kids in college who should be studying
nina: and if not studying at
least fornicating
James-ST Moderator: [img
id=em-5]
James-ST Moderator: parents
spend good money on ridiculous tuition, and then
their kid goes out and gambles on a meaningless
football game.......i just don't understand that
James-ST Moderator: who does
PSU play?
nina: Florida sts
nina: PSU 10 point fav
nina: big number
James-ST Moderator: PSU is
overrated.....those florida kids are too fast.......FSU
will beat them up
James-ST Moderator: [img
id=em-6]
nina: put a big stack of money
in the endzone and watch how fast they run
James-ST Moderator: hahahhaha
James-ST Moderator: amazing, in
my office bowl pool i am 24-2
nina: or some fried chicken
Ken-ST Moderator: thats not
very nice nina
Ken-ST Moderator: please do not
make those sort of comment
nina: really I love fried
chicken
James-ST Moderator: btw
gang........that was really ahk if you were
wondering
nina1: nice way to treat
customers
James-ST Moderator: ahk behave
James-ST Moderator: [img
id=em-9]
Birddog: Yes behave
Ken-ST Moderator: That guy has
been warned many times
Ken-ST Moderator: It will not
be tolerated
James-ST Moderator: We are very
lax here......but his racial and sexual undertones
to his comments cannot be tolerated.....
Birddog: Thanks-you for running
a professional service
James-ST Moderator: We have
never banned a member........
James-ST Moderator: First time
for everything i guess
James-ST Moderator: [img
id=em-5]
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Down[/b]
Ken-ST Moderator: [b]Gang,we
strongly suggest that a 5 minute candlestick chart
of the SPX be kept open to give you a visual of
current market conditions, overlay this chart with
5, 20 and 50 ema and slow stochastics. You will
find that this will help you with your personal
daytrading, giving you the “heartbeat” of the
market.[/b]
James-ST Moderator: MERQE.....some
signs of wekaness
James-ST Moderator: weakness
James-ST Moderator:
Unbelievable they will delist it.......it is not
like it is a penny stock.........yet
James-ST Moderator:
but.......when the SEC wants filing reports and you
are late...........
Ken-ST Moderator: yup
Ken-ST Moderator: when they say
jump, you say how high
jy: ken, how's the futures
doing ? I still plan on joining in the next two
weeks.
Ken-ST Moderator: still going
Ken-ST Moderator: no trades
today yet
Ken-ST Moderator: We were
looking for a long this am, but missed the entry by
half point
jy: ty
jy: i didn't know that.
jy: thanks for the info.
Ken-ST Moderator: slowly
rolling out of lunch gang
jy: ken, how much is the
hotcomm license ?
Ken-ST Moderator: it depends on
how long you licencse or pre pay it but i think its
about 20 a month or so
jy: o.k. ty
Ken-ST Moderator: wb
brow: ty
Ken-ST Moderator: Stochastics
in the middle of the trend. No early issues today
Ken-ST Moderator: We will wait
until the 1:30 end of lunch
brow: Hey Ken, just wondering,
any particular reason you monitor SPX rather than
NDX?
Ken-ST Moderator: SPX broader
index also, NDX is market cap weighted
brow: ah, ok cool
Ken-ST Moderator: heavily
influenced by few stocks
brow: got it, makes sense
Ken-ST Moderator: hi jose
jose: hi Ken, James, everyone!
Ken-ST Moderator: Howzit going
bud
Ken-ST Moderator: close to
opening up a few triggers gang
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]AVID
55.05[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]AVID
55.05[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]AVID
55.05[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.05[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.05[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]AVID 55.05[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 55.61[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 55.61[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 55.61[/b]
Ken-ST Moderator: pretty steep
sell off on BCSI today
Ken-ST Moderator: AVID new lod
Ken-ST Moderator: any questions
Ken-ST Moderator: Saw 40 Year
Virgin this weekend
Ken-ST Moderator: was expecting
to see James in it
Ken-ST Moderator: no luck
Hunter: : lol
JR: how was it?
Ken-ST Moderator: was still
funny though
Ken-ST Moderator: A ton of
swearing in it
Ken-ST Moderator: very funny
Ken-ST Moderator: I thought
Ken-ST Moderator: I heard the
sitcom "The Office" is funny too, Steve Carrol.. but
haven't seen it yet
JR: heard the same
Ken-ST Moderator: AVID at lod
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ELOS
28.40[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ELOS
28.40[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ELOS
28.40[/b]
Ken-ST Moderator: AVID new lod
jy: made some profit on ALKS
long
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AVID[/b]
jy: that's what I like -
playing with their money.
Ken-ST Moderator: best kind to
play with
jy: :)
Ken-ST Moderator: RIsk nothing
on AVID gang
jy: AVID will be there for
profit.
Ken-ST Moderator: Market new
hod
Ken-ST Moderator: Tighten up
stop on shorts
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 54.76[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 54.76[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AVID 54.76[/b]
jy: ty
Ken-ST Moderator: signs were
clear on AVID
Ken-ST Moderator: market was
clearly showing its hand
jy: plus market is not on our
side - it's moving up due to Fed. mins.
Ken-ST Moderator: yes
Vanja: i got scared and covered
at 54.55
Vanja: good thing to be scared
sometimes :)
Ken-ST Moderator: as soon as
you see that the market is not in your favor, start
tightening up stops and considering taking at least
some profits, especially when deep in the money like
that
Ken-ST Moderator: awesome Vanja
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]AVID For PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]AVID For PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]AVID For PROFIT[/b]
jy: 1/2 pt not too bad fro AVID
Ken-ST Moderator: nice
Vanja: gj, overall very good
day today. nice way to start the new year
Ken-ST Moderator: nice job
vanja
ak: GOOG is going GAGA
Vanja: ty, it's all thanks to
you guys really...didn't do any trading on my own
today
Ken-ST Moderator: You made all
the decisions
Ken-ST Moderator: we are just
here to show how the strategy is executed.
Vanja: well you guys are doing
a great job
Ken-ST Moderator: ty
Ken-ST Moderator: we appreciate
that
Ken-ST Moderator: Note that the
market made a new low below last Friday's lows and
did not bring in much selling
Ken-ST Moderator: this morning
Ken-ST Moderator: and has now
taken out the Previous days high
Ken-ST Moderator: setting up at
the very least a countertrend
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]FFIV
61.94[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]FFIV
61.94[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]FFIV
61.94[/b]
BRUNO3: KEN - ARE YOU STILL
LOOKING AT RMBS ABOVE 18.08 ?
Ken-ST Moderator: No real stop
Ken-ST Moderator: we will stay
clear for now
BRUNO3: TY
Vanja: what would be the stop
on FFIV if triggered?
Ken-ST Moderator: 61.29
Vanja: ty
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]FFIV 61.94[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]FFIV 61.94[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]FFIV 61.94[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.29[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.29[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.29[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.29[/b]
jy: that woke me up
Ken-ST Moderator: Any questions
gang?
Dale: made a little today See
Ya in the morning
Ken-ST Moderator: great
Ken-ST Moderator: gj
Ken-ST Moderator: ok Dale have
a good one
jy: market new hod
Ken-ST Moderator: Impressive
move in the market
jy: GM is down 0.52 2.7% - just
think if GM is not in the DOW today.
Ken-ST Moderator: Gang if you
want to play FFIV tight you may want to consider
exiting on any rally
Ken-ST Moderator: I will keep
stop under the 20 EMA to leave room to play
Ken-ST Moderator: but the
market is near a resistance area
Ken-ST Moderator: SNDK new all
time highs
Ken-ST Moderator: sorry not all
time highs
Ken-ST Moderator: multi year
highs
Ken-ST Moderator: but still,
what a comeback after that big sell off last month
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]FFIV 61.74[/b]
Ken-ST Moderator: Ok gang,
playing it tight on FFIV
Ken-ST Moderator: There isnt
much time left in the day
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]FFIV [/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]FFIV [/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]FFIV [/b]
Ken-ST Moderator: Any questions
gang?
jy: guess we're done for the
day.
Ken-ST Moderator: Cancel all
alerts
Ken-ST Moderator: Yes
jy: ty ken and james. Happy new
Year to everyone.
amlo: Thanks for a good start
to the new year guys....goodbye everyone
jy: cu tomorrow.
Ken-ST Moderator: ty jy
Ken-ST Moderator: se ya
Ken-ST Moderator: ok amlo
Ken-ST Moderator: have a good
one
Hunter: : tomorrow everybody
d_fig: great way to start the
week and the new year. see ya tomorrow all.
tryhard: thanks guys - good day
!
brow: good day, thanks guys!
jose: original stop held on
FFIV
Ken-ST Moderator: yeah the
stock is still in an overall utprend
Ken-ST Moderator: just riskier
as we head into the close
Ken-ST Moderator: wb
Ken-ST Moderator: Any questions
gang?
jose: Ken, why did you become a
trader?
Ken-ST Moderator: I love
trading
Ken-ST Moderator: I love the
freedom
jose: what did you do before?
Ken-ST Moderator: Accountant
Ken-ST Moderator: lol
Ken-ST Moderator: I hated the
corporate life
Ken-ST Moderator: I don't like
answering to anyone
jose: did you have a mentor a
the time?
Ken-ST Moderator: No
jose: at
Ken-ST Moderator: I didnt know
anyone
Ken-ST Moderator: who traded
jose: how did you learn?
Ken-ST Moderator: I read a lot
of books, but most of my learning came from mistakes
Ken-ST Moderator: You learn
from mistakes
Ken-ST Moderator: I have been
exposed to trading for about 20 years
jose: what were your biggest
mistakes to overcome at the beggining
jose: ?
Ken-ST Moderator: You need a
trade plan
Ken-ST Moderator: Flat out,
without one, you will likely fail
Ken-ST Moderator: Emotions are
a huge thing to overcome
Ken-ST Moderator: with a solid
plan, you will overcome emotions
Ken-ST Moderator: trade on what
you see, not what you feel
Ken-ST Moderator: I made a lot
of mistakes in my early days
Ken-ST Moderator: but learned
from all of them
Ken-ST Moderator: I didnt have
anyone to turn to. I didnt know anyone who traded
jose: how many trades a day do
you execute on persona account?
Ken-ST Moderator: That is why I
enjoy sharing what I know with other traders
Ken-ST Moderator: So that they
dont have to go through what I did
Ken-ST Moderator: Hopefully, I
made the mistakes so they dont have to
jose: personal
gd: joyg HOD
Ken-ST Moderator: Im cant
really day trade now, so just swing trade
Ken-ST Moderator: But trade
futures all day
Ken-ST Moderator: JOYG new all
time highs
Ken-ST Moderator: Ok gang, have
a great evening
Ken-ST Moderator: see you
tomorrow
Ken-ST Moderator: [b]Good
Morning[/b] [b]MarkB[/b]
MarkB: Hi Ken
MarkB: I'm thinking of changing
my username
MarkB: to Longfellow Goodwrench
Ken-ST Moderator: to?
Ken-ST Moderator: lmao
MarkB: What do you think
Ken-ST Moderator: Its cool,
MarkB: LOL
Ken-ST Moderator: [b]Good
Morning[/b] [b]James[/b]
Ken-ST Moderator: lol
MarkB: I'm anxious to see if
your watchlist is the same as mine this AM
MarkB: Hi James
James-ST Moderator: hey mark
Ken-ST Moderator: How many you
got?
James-ST Moderator: what? the
12 miners died? i heard last night the 12 miners
lived........
MarkB: That's the news this AM
MarkB: Are Yyou going to be at
the wealth EXPO in houston next week?
Ken-ST Moderator: Yeah me too
James
Ken-ST Moderator: I am not
going to be there
MarkB: Looking for a vacation
from O'Lady that I can write off
Ken-ST Moderator: That must
have been heart breaking for the families
James-ST Moderator: hahahah
MarkB: I am open to suggestions
I can leave friday after trading
MarkB: So if you think of
anything
Ken-ST Moderator: [b]Good
Morning[/b] [b]Amlo[/b]
Ken-ST Moderator: [b]Good
Morning[/b] [b]jr, alaska[/b]
alaska: gm
jr: morning
sergei: good morning
Ken-ST Moderator: [b]Good
Morning[/b] [b]sergei[/b]
ak: gm all
Ken-ST Moderator: [b]Good
Morning[/b] [b]julie, ak[/b]
Todd-SOF Direct: gm everyone
julie: hello
d_fig: gm everyone
Ken-ST Moderator: [b]Good
Morning[/b] [b]Todd, d_fig, BRUNO3[/b]
BRUNO3: GM
brow: morning everyone
Ken-ST Moderator: [b]Good
Morning[/b] [b]brow[/b]
Ken-ST Moderator: [b]Good
Morning[/b] [b]TMS, izzy[/b]
izzy: gm all
RoGeRj: HEY!!!
julie: Will psti or nbix make
sense here?
Ken-ST Moderator: [b]Good
Morning[/b] [b]RoGeRj[/b]
Ken-ST Moderator: PSTI is still
gapping in a range
Ken-ST Moderator: NBIX as well,
however we are watching closely to see if it can
trade to new highs
julie: cool
Ken-ST Moderator: ty for
bringing those up
MarkB: Howwdy IZZY
julie: Think I'll just observe
for a day or two
Ken-ST Moderator: First day
here julie?
Ken-ST Moderator: [b]Good
Morning[/b] [b]johnboy[/b]
julie: yep
johnboy: Good Morning Everyone
Ken-ST Moderator: Good to have
you
jy: gm
Ken-ST Moderator: Yeah thats a
good idea
julie: well thanks!
Ken-ST Moderator: It takes just
a morning or two to see what we are doing and get
used to it
James-ST Moderator: welcome
julie
Ken-ST Moderator: [b]Good
Morning[/b] [b]jy[/b]
julie: Hi James
James-ST Moderator: gm anyone i
missed
Dale: gm
Ken-ST Moderator: [b]Good
Morning[/b] [b]Dale[/b]
Ken-ST Moderator: [b]Good
Morning[/b] [b]shawnt[/b]
julie: Trying to learn, so
forgive my studipity, but is grmn viable?
Welcome to SwingTrades.com!
James-ST Moderator has entered
DayTrading Chat
Room is moderated
You can now talk
James-ST Moderator has become a
moderator
MarkB has logged out
Ken-ST Moderator: wb James
Vanja has entered DayTrading
Chat
Ken-ST Moderator: GRMN is still
in a recent range
Vanja gm all
gm has entered DayTrading Chat
Ken-ST Moderator: mostly for
gapping stocks we are looking for stocks gapping out
of a range
Ken-ST Moderator: [b]Good
Morning[/b] [b]Vanja, gm[/b]
julie
okay.......................
James-ST Moderator: gm gm,
vanja
gm it is Irachmiel, gm
Ken-ST Moderator: ah, gm ira
James-ST Moderator: hey irach
Ken-ST Moderator: Market
Assessemnt:
gm hi to all
Ken-ST Moderator: Daily chart:
above the 5 day EMA, stoch up
Ken-ST Moderator: Hourly
charts: Downtrend however prices are well above the
MAs
Hunter has entered DayTrading
Chat
Ken-ST Moderator: 5 min:
uptrend
James-ST Moderator: hey hunter
Ken-ST Moderator: Overall there
is an uptrending bias to the market
Ken-ST Moderator: Futures are
mostly flat
gd has entered DayTrading Chat
Hunter : gm guys
Ken-ST Moderator: Gang, the
trend is a little more clear on the charts as the
trend plays out
MarkB has entered DayTrading
Chat
Ken-ST Moderator: Hourly chart
is more of a sideways to uptrend than anything else
gd gm folks
James-ST Moderator: hey gd
tryhard has entered DayTrading
Chat
amlo2 has logged out
James-ST Moderator: hey tryhard
Ken-ST Moderator: dailly is
coming off of a hard bounce off of its MAs
tryhard GM !
amlo2 has entered DayTrading
Chat
jose has entered DayTrading
Chat
James-ST Moderator: hey jose
Ken-ST Moderator: [b]Good
Morning[/b] [b]tryhard, gd, jose[/b]
jr Ken, what do you think about
adding GOOG? Not far off of all time high of 446.21
jose gm James, Ken, everyone!
Ken-ST Moderator: yes jr,
watching that and nbix as well
Ken-ST Moderator: ty for
bringing that up
Ken-ST Moderator: RSYS SPREAD
IS HUGE
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]RMBS
18.36[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]RMBS
18.36[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]RMBS
18.36[/b]
Ken-ST Moderator: ADDING GOOG
TO WATCH
James-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ALKS
22.01[/b]
James-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ALKS
22.01[/b]
James-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ALKS
22.01[/b]
jg has entered DayTrading Chat
James-ST Moderator: GM JG
Ken-ST Moderator: gm JG
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IMGC
34.51[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IMGC
34.51[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IMGC
34.51[/b]
James-ST Moderator: IMGC CLOSE
Ken-ST Moderator: IMGC is close
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IMGC 34.51[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IMGC 34.51[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IMGC 34.51[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]IMGC
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]IMGC
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]IMGC
[/b]
James-ST Moderator: IMGC NEW
HOD
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]SEPR 51.19[/b]
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]SEPR 51.19[/b]
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]SEPR 51.19[/b]
BRUNO3 cannot borrow sepr
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE A
Trade (Breakdown). Consider Short[/b] [b]SEPR
51.19[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakdown). Consider Short[/b] [b]SEPR
51.19[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakdown). Consider Short[/b] [b]SEPR
51.19[/b]
James-ST Moderator: ALKS
RELATIVELY CLOSE
ak HLEX new HOD??
Ken-ST Moderator Buy!
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ALKS 22.01[/b]
James-ST Moderator: IMGC NICE
RUNNER NEW HOD
BRUNO3 STOP ON ALKS ?
Ken-ST Moderator: lod
Ken-ST Moderator Update!
BRUNO3 TY
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]PSYS
62.41[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]PSYS
62.41[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]PSYS
62.41[/b]
James-ST Moderator: ak,
nice.......lets add
James-ST Moderator: [b]ADDING
HLEX TO TYPE B[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]HLEX
30.27[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]HLEX
30.27[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]HLEX
30.27[/b]
Ken-ST Moderator: Market at p/d
highs
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel MANT
no volume
Ken-ST Moderator: BRUNO, SEPR
short depends on your broker
Ken-ST Moderator: IMGC new hod
alex has entered DayTrading
Chat
James-ST Moderator: hey alex
Ken-ST Moderator: Todd is here
to help with SOF Clients and their short list
Ken-ST Moderator: gm alex
alex hello all
BRUNO3 I RUN 2 TRADING
PLATFORMS AND NEITHER BROKER WILL GIVE ME A BORROW
ON SEPR
Ken-ST Moderator: Its available
at SOF as far as I can see
brow just FYI mine did
James-ST Moderator: wow, SEPR
is a pretty common stock
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.68[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.68[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.68[/b]
jack22 has entered DayTrading
Chat
BRUNO3 LOOKS LIKE I SHOULD USE
SOF
James-ST Moderator: hey jack
Ken-ST Moderator: Gang, if ALKS
gets stopped, we will issue a short at a new lod
right after that
Ken-ST Moderator: be prepared
jack22 Hi guys!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]SEPR[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]SEPR[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]SEPR[/b]
jy SEPR ahndsome TY
Ken-ST Moderator: gj jy
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]HLEX 30.27[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]HLEX 30.27[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]HLEX 30.27[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]HLEX 29.84[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]HLEX 29.84[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]HLEX 29.84[/b]
ak HOw about GRMN short LOD?
Ken-ST Moderator: Still in
recent range
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]PSYS 62.41[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]PSYS 62.41[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]PSYS 62.41[/b]
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]PSYS
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]PSYS
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]PSYS
[/b]
rontrue has entered DayTrading
Chat
James-ST Moderator: MARKET NEW
HOD
Ken-ST Moderator: gm Rontrue
James-ST Moderator: hey ron
david has entered DayTrading
Chat
Ken-ST Moderator: gm David
Ken-ST Moderator: Market new
hod
david Morning Ken, James, all
James-ST Moderator: hey david
izzy stop on HLEX?
James-ST Moderator: RMBS CLOSE
ash1 has entered DayTrading
Chat
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]RMBS 18.36[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]RMBS 18.36[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]RMBS 18.36[/b]
izzy HLEX?
johnboy 29.84 izzy
James-ST Moderator: ty jb
James-ST Moderator: IMGC NEW
HOD
James-ST Moderator: IMGC.........[img
id=em-5]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]GOOG
443.29[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.80[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.80[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 21.80[/b]
ak GRMN Looking good now?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]HLEX[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]HLEX[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]HLEX[/b]
James-ST Moderator: ak....GRMn
is right at the 20 day ema, and in congestion
Vanja what's the stop on RMBS?
James-ST Moderator: 18.01
Ken-ST Moderator: 17.99
Ken-ST Moderator: soryr, 18.01
Vanja ty
Ken-ST Moderator: SEPR new lod
ak ty Ken.
gd boom is booming
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ALKS [/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ALKS [/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]ALKS [/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ALKS
21.61[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ALKS
21.61[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]ALKS
21.61[/b]
izzy shoulda shorted at the
long buy in...
Ken-ST Moderator: PSYS new hod
izzy guys, i think i suck at
stocks, i may really have to quit after today, any
last minute advice?
izzy my portfolio is down about
12% from initial investment
Ken-ST Moderator: We have
mentioned a few things, but I don't think you took
note of it
Dale take a vacation &school
izzy well, i am using a
fraction of buying power, and i buy/sell short when
told to, but for some reason the trades that i get
into are the losers of the day, really bad
coincidence i guess
izzy i'm using about 1/3 of my
buying power for each transaction, is that still too
much?
James-ST Moderator: So you
totally missed IMGC?
izzy totally
brow izzy, just curious how
long did it take to get -12 %
Ken-ST Moderator: thats really
aggressive izzy
izzy brow: 2 weeks... maybe 3
izzy Ken: it is?!?!? what is
conservative?!??
Ken-ST Moderator: with those
numbers you are using way more than 1 to 1 of your
cash
brow wow, in my opinion, you
are using WAY too much per trade
izzy that's true...
izzy so i should be using 1:2
of cash or even less?
James-ST Moderator: well seems
less than the all in izzy was doing the first 2
days
brow yikes
shawnt has logged out
MarkB lol
Ken-ST Moderator: ALKS is close
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
izzy what is a conservative
amount to use?
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]ALKS 21.61[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]ALKS 21.61[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]ALKS 21.61[/b]
shawnt has entered DayTrading
Chat
Ken-ST Moderator: 1 :1 of your
cash should be your ultimate goal imo
brow izzy, I would suggest less
than 1% of your account per trade risked
Ken-ST Moderator: start off at
an amount that you have no emotions with
izzy hm, so simply reduce to
1/4 of buying power per trade?
izzy no emotions, good call, hm
shawnt has logged out
Ken-ST Moderator: We've been
telling you that from the start
izzy hm, i have logs, so i'll
check, but i am definitely hearing you now
Ken-ST Moderator: Get used to
the system
Ken-ST Moderator: use small
capital
Ken-ST Moderator: to gain your
confidence
Ken-ST Moderator: get your
executions down
Ken-ST Moderator: get
everything in place
izzy hm, understood
david See you tomorrow
david has left the room
jr GOOG coming down
izzy stop on ALKS?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 22.01[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 22.01[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]ALKS 22.01[/b]
shawnt has entered DayTrading
Chat
gm has logged out
irachmiel has entered
DayTrading Chat
Ken-ST Moderator: Will be
around, but now in the futures room
James-ST Moderator: That is so
sad, i swear i heard last night that the 12 miners
were alive........find out they all died
James-ST Moderator:
Ah.......CNBC is reporting that initially the
families were told the miners were ok......that is
even worse
Ken-ST Moderator: yup
Ken-ST Moderator: Market under
the 5 ema, stoch down
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Down[/b]
Ken-ST Moderator: [b]Gang,we
strongly suggest that a 5 minute candlestick chart
of the SPX be kept open to give you a visual of
current market conditions, overlay this chart with
5, 20 and 50 ema and slow stochastics. You will
find that this will help you with your personal
daytrading, giving you the “heartbeat” of the
market.[/b]
Vanja yeah i watched it last
last night they were saying how the families were
happy to find out they are alive. that is horrible
James-ST Moderator: yep
Hunter : yep ugliest thing I've
heard in quite awhile !
James-ST Moderator: geez,
thought i was hearing things.
James-ST Moderator: it cant get
worse than that......to give false good news, and
the worse comes out
James-ST Moderator: worst
Vanja they should have kept
their mouth shut until they knew for sure
Ken-ST Moderator: a lot of
confusion went on there
jr GOOG close
Vanja i swear i'm putting ALKS
on my never to trade again list
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]GOOG 443.29[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]GOOG 443.29[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]GOOG 443.29[/b]
tryhard has left the room
Ken-ST Moderator: ty jr
jr :)
jy stop on goog ?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 447.21[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 447.21[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 447.21[/b]
Dusty has entered DayTrading
Chat
izzy i'm out, i guess i'll be
back in a few months to a year
izzy cya'll later
MarkB later izzy
gd take care
brow cya izzy
izzy u too
Vanja bye izzy
Ken-ST Moderator: ok izzy
Ken-ST Moderator: take care
Ken-ST Moderator: scale out
with moves in your favor on GOOG,
Ken-ST Moderator: not sure if
it has 1% in it
izzy bye Ken, James, thanks for
the many lessons, i'll see you in a few
izzy has left the room
Ken-ST Moderator: ok izzy
julie He sounded very down
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 445.70[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 445.70[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 445.70[/b]
MarkB ERES new HOD
Dusty has logged out
Ken-ST Moderator: GOOG new lod
Ken-ST Moderator: scale out
with moves in your favor
ash1 has left the room
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Chat
Dale looks like ALKS is making
a turn
Dale ??
Ken-ST Moderator: that would be
nice
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]GOOG [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]GOOG [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]GOOG [/b]
Ken-ST Moderator: You should
not lose money on the GOOG trade
Ken-ST Moderator: scale out
with moves in your favor
jy exited 1/2 position at 440.4
jy ride out the rest with stop
at entery
jy entry
Ken-ST Moderator: very nice
Ken-ST Moderator: that is
totally handsome
jy ty ken
jy my entry was 443.72
Ken-ST Moderator: even more
handsome
jy klen, remember I mentioned
ERES to you before Christmas. stock is looking
handsome today. close to 52 week high
Ken-ST Moderator: Yes i
remember, it was just under the 16 ressitance area
Ken-ST Moderator: nice breakout
today
jy yes. it's one of my long
term holdings.
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]GOOG 441.001[/b]
Ken-ST Moderator: sorry gang, i
posted that late
Ken-ST Moderator: you can
disregard
jy better goog playing with
their money
jy exited
Ken-ST Moderator: nice
julie very interesting
jy GOOG average over $3.
shawnt has logged out
guru has entered DayTrading
Chat
Ken-ST Moderator: All type B
alerts are cancelled by the way
Ken-ST Moderator Update!
Ken-ST Moderator: GM Guru
Ken-ST Moderator: GOOG now
testing the 20 ema
guru Hi everyone, I'm logging
in to the chat session for the first time
Ken-ST Moderator: ah, good to
have you guru
Ken-ST Moderator: Our most
active time of the day is the first hour
guru ok
Ken-ST Moderator: We just
cancelled our Type B alerts
brow Hi Guru
Ken-ST Moderator: will open
them again after the 1:00 turn time
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]GOOG Breakeven[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]GOOG Breakeven[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]GOOG Breakeven[/b]
Ken-ST Moderator: Hopefully
most of you made out on that trade
MarkB ATI breaking up
brow yep, little over a point
Ken-ST Moderator: gj
Vanja exited at 440.71
brow real small shares
Ken-ST Moderator: ATI had a
nice buy signal at 38.01
jy ken, yes on GOOG. TY.
handsome dollar gain.
Ken-ST Moderator: gj jy
Ken-ST Moderator: Any
questions?
Ken-ST Moderator: We are now in
the lunch period
Ken-ST Moderator: we urge
traders to keep trades to a minimum
Ken-ST Moderator: during this
time
Ken-ST Moderator: This is the
worst time of day to be trading
James-ST Moderator: julie, how
is the first day? do you understand everYthing?
James-ST Moderator: Anyone else
new here?
ash1 me
Ken-ST Moderator: good to have
you ash1
James-ST Moderator: Feel free
to open private chat with either ken or me if you
wish to ask questions in private
sergei my second day
James-ST Moderator: welcome
ash, sergei
James-ST Moderator: To open
private chat, click our name on the right and press
the icon above the chat names list with two people
sharing a chat bubble.
ash1 thx -
sergei should I save all stocks
order which is on left side before and then trigger
them?
sergei or wait until it's
coming and enter one by one
brow Hi Sergei, not sure how
others here are doing it, but I am pretty new too. I
have been entereing stop market orders to enter as
soon as the entry prices are called
brow would love to hear how
others are entering the morning calls too
Ken-ST Moderator: yeah that is
all up to the trader, whatever they are most
comfortable with
ash1 by the time i enter the
order the stock shoots up -- any tips how to avoid
that
sergei remember yesterday
morning every 2 second were alerts and I was messed
up
Vanja i usually use a
stop-limit order to avoid a big gap in filling the
order
Ken-ST Moderator: you need a
good alert system that will notify you when stocks
are getting close
brow you could put in limit
orders, but thatwould mean that you might not get
filled. That happened to me this morning on IMGC.
But it does help against massive slippage
Ken-ST Moderator: I was always
comfortable with placing market orders on entry
Ken-ST Moderator: some are not
comfortable with that
Dale what's up w/ ALKS lots of
sales @ 21.79 > 21.80
Ken-ST Moderator: a lot of
sideways action going on with that stock right now
Dale lots
Vanja it depends what ever you
are comfortable with brow. a couple of times my
order was filled amost at the target price.
Vanja but i missed IMGC because
of the limit order this morning as well. seeing what
a good run it's had now i wish i had used a mkt
order
brow yeah, I have had that
happen too. Vanja I guess one could place a limit
order with a nice wide limit.
sergei I missed it too IMGC
because of the limit order
Vanja i guess both have
advantages and disadvantages
sergei i try to use limits when
spread is big and market when it's small
julie Ken, sorry, I stepped
away. I think I understand the method so far.
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ak what hapened here?
Vanja has entered DayTrading
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jy has entered DayTrading Chat
James-ST Moderator: Looks like
a server crash gang......our apologies.
jy guess it's system problem ?
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