11/14/05 Chat Session
Ken-ST Moderator: [b]Good
Morning[/b] [b]tcat[/b]
jjwolfe has entered DayTrading
Chat
jjwolfe GM All
Ken-ST Moderator: [b]Good
Morning[/b] [b]jjwolfe[/b]
merlin has entered DayTrading
Chat
merlin morning all
Ken-ST Moderator: [b]Good
Morning[/b] [b]merlin[/b]
ak has entered DayTrading Chat
ak gm all
Ken-ST Moderator: [b]Good
Morning[/b] [b]ak[/b]
ak gm ken
Ken-ST Moderator: Hope you all
had a nice weekend
Todd-SOF Direct has entered
DayTrading Chat
Test has entered DayTrading
Chat
Todd-SOF Direct m everyone
Ken-ST Moderator: [b]Good
Morning[/b] [b]Todd, Test[/b]
Todd-SOF Direct gm everyone
Test has logged out
Ken-ST Moderator: [b]Good
Morning[/b] [b]bengal[/b]
bengal gm
Test gm all
cleon has entered DayTrading
Chat
cleon gm all
JOVID has entered DayTrading
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Ken-ST Moderator: [b]Good
Morning[/b] [b]JOVID, cleon[/b]
JOVID hello
trdr45 has entered DayTrading
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Ken-ST Moderator: [b]Good
Morning[/b] [b]trdr[/b]
trdr45 GM Ken James trdrs
tomh has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]tomh[/b]
tomh gm
kim has entered DayTrading Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]kim[/b]
tms has entered DayTrading Chat
kim gm Ken and James
Ken-ST Moderator: [b]Good
Morning[/b] [b]tms[/b]
winner has entered DayTrading
Chat
JP has entered DayTrading Chat
JP GM everyone
Dtrade has entered DayTrading
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Eagle has entered DayTrading
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James-ST Moderator: Yell out
stocks of note.........Looks like a slow day coming
trdr45 ISRG at 100
cleon has logged out
cleon has entered DayTrading
Chat
bruno3 has entered DayTrading
Chat
bruno3 gm
pvg6799 has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]bruno, pvg, eagle, dtrade, JP,
winner[/b]
bulldogchip has entered
DayTrading Chat
joecgoodman has entered
DayTrading Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]bulldog, joec[/b]
jhollocpa has entered
DayTrading Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]jhollocpa[/b]
jhollocpa gm
johnboy has entered DayTrading
Chat
johnboy good morning everyone
Ken-ST Moderator: [b]Good
Morning[/b] [b]jb[/b]
bruno3 has logged out
johnboy hello high speed Ken
(hopefully....lol)
James-ST Moderator: gm anyone i
missed
James-ST Moderator:
unbeleivable.......but no gapping stocks as of
now......never has happened before......we may add
once the market opens
ak OVTI??
James-ST Moderator: Nice but
note upper end of range
James-ST Moderator: late
august, 14ish
Chris has entered DayTrading
Chat
Chris Take a look at LOW
j vv has entered DayTrading
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jy has entered DayTrading Chat
jy gm
j vv hello
Ken-ST Moderator: lo jb
Ken-ST Moderator: lol
Ken-ST Moderator: yeah high
speed today
Ken-ST Moderator: great to be
back
Ken-ST Moderator: LOW looks
great Chris
Ken-ST Moderator: tx for
brining it up
Nelson has entered DayTrading
Chat
david has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]Chris, j w, jy, Nelson, david[/b]
Ken-ST Moderator: Market
Assessment:
david hi all
Ken-ST Moderator: Daily chart
: above the 5 day EMA, stoch uptrend
Ken-ST Moderator: Hourly
Chart: uptrend
Ken-ST Moderator: 5 min Chart:
uptrend
Ken-ST Moderator: Overall there
is an uptrending bias to the market
Ken-ST Moderator: Futures are
up about a point
rontrue has entered DayTrading
Chat
Chris GM all
Violet has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]rontrue, Violet[/b]
joecgoodman has logged out
Jose has entered DayTrading
Chat
joecgoodman has entered
DayTrading Chat
James-ST Moderator: gm guys
JP Would a break above $20 on
SYMC signal a buy? That is the bottom of the huge
gap down created a few weeks ago.
Jose gm
Hunter has entered DayTrading
Chat
Hunter : gm guys
Ken-ST Moderator: [b]Good
Morning[/b] [b]Hunter[/b]
James-ST Moderator: could work
out jp, no strategy for us
dana has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]dana[/b]
Ken-ST Moderator: CMED, and
IDSY looks on thin side
Ken-ST Moderator: trade
accordingly
BRUNO3 has entered DayTrading
Chat
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]CMED
30.88[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]CMED
30.88[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]CMED
30.88[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IDSY
20.76[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IDSY
20.76[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IDSY
20.76[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]LOW
65.52[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]LOW
65.52[/b]
Ken-ST Moderator: Adding Nice
Ken-ST Moderator: NICE
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]NICE
43.24[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]NICE
43.24[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]NICE
43.24[/b]
steveg has entered DayTrading
Chat
Joe has entered DayTrading Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]steveg, joe[/b]
theharrisgroup has entered
DayTrading Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]harris[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ISRG
100.70[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ISRG
100.70[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]ISRG
100.70[/b]
Ken-ST Moderator: spread is
large on ISRG too
Ken-ST Moderator: but its close
Ken-ST Moderator: LOW is close
Ken-ST Moderator: NICE is close
Sooner has entered DayTrading
Chat
david has logged out
Ken-ST Moderator: Adding HANS
to TYPE A
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]LOW 65.52[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]LOW 65.52[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]LOW 65.52[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]HANS 68.83[/b]
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]HANS 68.83[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]HANS 68.83[/b]
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]HANS 68.83[/b]
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]HANS 68.83[/b]
Ken-ST Moderator: NICE is close
joecgoodman big big spread on
HANS
Joe Good morning Ken
Ken-ST Moderator: yes .5% at
times
Ken-ST Moderator: All the stock
on watch are on thin side toeday
Ken-ST Moderator: today
Ken-ST Moderator: trade
cautiously
Ken-ST Moderator: ISRG is close
Ken-ST Moderator: Market above
the 20 ema
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ISRG 100.70[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ISRG 100.70[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]ISRG 100.70[/b]
david has entered DayTrading
Chat
manny has logged out
Ken-ST Moderator: wb
winner did anyone get isrg
cleon yes
winner what price
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG [/b]
cleon hit profit didn't it?
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]ISRG [/b]
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: We will wait
until a better touch to book it
cleon ok
winner everything so thing
today
bengal Im in it long, but
missed the exit
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]ISRG
[/b]
Ken-ST Moderator: NICE is right
there
Ken-ST Moderator Update!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]NICE 43.24[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]NICE 43.24[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]NICE 43.24[/b]
bengal Im out now
bengal tx
Ken-ST Moderator: Of NICE/
Ken-ST Moderator: ?
Ken-ST Moderator: ah ok
nevermind
mann has entered DayTrading
Chat
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]NICE 43.51[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]NICE 43.51[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]NICE 43.51[/b]
Ken-ST Moderator: [b]Good
Morning[/b] [b]mann[/b]
bengal I got out of ISRG with
$$
Ken-ST Moderator: cool gj
Ken-ST Moderator Update!
cleon LOW's really riding that
5 MA
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]NICE [/b]
James-ST Moderator: ISRG NEW
HOD
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]NICE [/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]NICE [/b]
Ken-ST Moderator Update!
mann good morning everyone. iam
new here
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]LOW[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]LOW[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]LOW[/b]
Ken-ST Moderator: good to have
you mann
mann ty
James-ST Moderator: welcome
mann
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.74[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.74[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.74[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]AET 90.36[/b]
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]AET 90.36[/b]
Ken-ST Moderator: [b]Watching
for Type A Buy on[/b] [b]AET 90.36[/b]
Ken-ST Moderator: Market at
resistance area on daily chart
Ken-ST Moderator: top end of
trading range
Ken-ST Moderator: scale out
profits in your favor
Ken-ST Moderator: be
conservatvie with your trading
Ken-ST Moderator: Consider Move
stop to 26.06 for those in on DRIV short swing trade
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]NICE Breakeven[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]NICE Breakeven[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]NICE Breakeven[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]IDSY
20.76[/b]
Ken-ST Moderator: IDSY is close
Flor has logged out
winner stop on cmed?
Ken-ST Moderator: We do not
have a position on CMED yet
Ken-ST Moderator: but the
initial stop if it triggers will be at the high of
this current rally
Ken-ST Moderator: market stoch
downtrend
Ken-ST Moderator: ISRG new HOD
winner k
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.74[/b]
James-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]
Ken-ST Moderator: in the money
on LOW gang
IG50 has entered DayTrading
Chat
Ken-ST Moderator: hi IG50
cleon isrg is on a roll
James-ST Moderator: ISRG NEW
HOD
Ken-ST Moderator: yup new hod
James-ST Moderator: Market
relatively flat......
lorshas has entered DayTrading
Chat
James-ST Moderator: Still abvoe
50 ema on 5 mintue chart, stochastics are down
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW for PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW for PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW for PROFIT[/b]
Ken-ST Moderator: Market near
top end of trading range on daily
Ken-ST Moderator: not a
specific price, but general area
Vanja has entered DayTrading
Chat
Ken-ST Moderator: [b]Good
Morning[/b] [b]Vanja[/b]
Vanja Good Morning everyone
Ken-ST Moderator: Move stop to
entry on DRIV for anyone in on the swing trade
James-ST Moderator: ISRG new
HOD
Ken-ST Moderator: IDSY is close
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IDSY 20.76[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IDSY 20.76[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IDSY 20.76[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Buy[/b] [b]IDSY 20.76[/b]
Ken-ST Moderator: Waiting for a
better hit of the 1%
Ken-ST Moderator: on IDSY
Ken-ST Moderator: CMED is close
joecgoodman IDSY gapped .18 on
me
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.74[/b]
Ken-ST Moderator: make it up on
exit
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.37[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.37[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.37[/b]
winner someone is chasing it
down
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.74[/b]
James-ST Moderator: Market new
HOD
James-ST Moderator: ISRG new
HOD
James-ST Moderator: AET close
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.49[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.49[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]IDSY 20.49[/b]
James-ST Moderator: Feel free
to bring up any stocks of note or personal
trades......others here may find them of interest
cleon ok - strategy question -
on ISRG, I was stopped out of my second 1/2 position
when it closed below the 5 ema at around 103. is
there a smarter way to trail the stop? or is the
5-ema crossover still a good way to go and this one
was just unusual?
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]AET 90.36[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]AET 90.36[/b]
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]AET 90.36[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]IDSY[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]IDSY[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]IDSY[/b]
pancho has entered DayTrading
Chat
James-ST Moderator: SHLD
breaking trend lows
Ken-ST Moderator: you either
want a close below the 5 ema on 5 min
Ken-ST Moderator: or
Ken-ST Moderator: a penny below
the retracement to the 5 ema
bulldogchip TINY?
Vanja what's the stop for AET?
Ken-ST Moderator: TINY looks
great bulldog
Ken-ST Moderator: lets add for
the watch
Ken-ST Moderator: cleon, you do
not want to use the crossover of the 5 ema. The 5
ema is a general area not a specific price
cleon ken, nevermind, i'm an
idiot - was looking at 1-min chart and prematurely
exited.
jy ken, yes. I plan on joining.
cleon oh well, still got 2% so
can't complain i suppose
cleon stop on AET
Ken-ST Moderator: Still nice
cleon
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
James-ST Moderator: Market
incredibly flat
joecgoodman has logged out
Eagle has logged out
jhollocpa DRIV breaking down
James-ST Moderator: [img
id=em-3]
Hunter has left the room
Hunter has entered DayTrading
Chat
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]LOW
64.76[/b]
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]LOW
64.76[/b]
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]LOW
64.76[/b]
david has logged out
Ken-ST Moderator: yeah DRIV hit
a nice target for the swing trades
Ken-ST Moderator: nice runner
Ken-ST Moderator: weak relative
strength to the overall market
James-ST Moderator: LOW CLOSE
cleon hey ken/james - if i
wanted to join the swingtrade service but am half
way through the day trade billing month, do i need
to wait to sign up for the dual-service deal, or can
you somehow prorate and start the joint service
immediately??
James-ST Moderator: yep
jjwolfe has logged out
cleon yep ambiguous
James-ST Moderator: ah sorry
James-ST Moderator: yep, you
can join any time and it will be prorated
James-ST Moderator: yep i am
handsome
cleon automatically? or should
i email someone - LOL on latter
James-ST Moderator: yep,
automatically
Hunter : Ken says to wife ...
shall we try swapping positions tonite ? she
says... thats a good idea, you stand by the ironing
board I'll lay on the sofa ! lol
James-ST Moderator: lmao
James-ST Moderator: true
cleon HAHA
James-ST Moderator: man the
market feels like Friday
James-ST Moderator: dead
James-ST Moderator: [img
id=em-6]
James-ST Moderator: Everyone
had a great weekend?
Hunter : yeah not bad Broncos
beat the Raiders, thats a good thing !
James-ST Moderator: man those
Broncos look good, might be their year
Hunter : man I sure hope so,
Seattle 's not lookin bad either
James-ST Moderator: Denver /
Carolina.....early SB possibility
James-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]LOW
64.76[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 64.76[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 64.76[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 64.76[/b]
James-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 64.76[/b]
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.31[/b]
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.31[/b]
James-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.31[/b]
James-ST Moderator: [b]CANCEL
FURTHER TRIGGERS, TURN / LUNCH PERIOD[/b]
James-ST Moderator:
Sllllllllllllllllllooooooooooooooooooooooooow day
James-ST Moderator: [img
id=em-6]
James-ST Moderator: Be patient
gang......don't force trades on a day like
this......waste of commissions.......
James-ST Moderator: Market in a
contemplative mood.......
pancho has logged out
James-ST Moderator: Market
testing the 50 ema on the 5 minute chart here.....stochastics
are down
James-ST Moderator: Need a 15
minute break, will field questions when i return.
Sooner has logged out
j vv has logged out
jy ISRG new hod after new hod
johnboy has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.24[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.24[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.24[/b]
mark2 has logged out
cleon moving it lower?
mark2 has entered DayTrading
Chat
cleon wasn't it 89.66 earlier?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.66[/b]
Ken-ST Moderator: sorry about
that
cleon np
Ken-ST Moderator: ty
kim has logged out
Ken-ST Moderator: any
questions?
Hunter : stop on hans ?
Ken-ST Moderator: We are not in
HANS
Hunter : sorry head up a-- and
thx
Ken-ST Moderator: lol
Hunter : How many men does it
take to change a roll of toilet paper ?
James-ST Moderator: ISRG new
HOD
James-ST Moderator: ?
Hunter : don't know it's never
happened !
Ken-ST Moderator: lol
cleon what a run 7 pts so far
today...
James-ST Moderator: [img
id=em-10]
James-ST Moderator: Questions
or comments gang? Market is tearing it up today!
James-ST Moderator: Dow +.55,
Naz +.7
Ken-ST Moderator: Market now
trading slightly below the 20 EMA
Hunter : whats the symbol for
the naz on das ? updated my software can't remember
what it is
Ken-ST Moderator: COMPQ$
jy ken, what is the URL for
signning in tomorrow on the futures ?
tomh has logged out
Hunter : old fart syndrome !
and thx !
jy Do I need password and etc ?
winner has logged out
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DayTrading Chat
Ken-ST Moderator: lol hunter
Ken-ST Moderator: LOW still
nicely in trend
jhollocpa What is the direct
trading platform you recommend?
Hunter : just checked and yes,
thank you
Ken-ST Moderator: We recommend
either IQ or DAS
Ken-ST Moderator: [b]For Day
Trading we strongly suggest traders trade on a
Direct Access Platform. Web Brokers are not
efficient enough. Whether its Stocks, Options, or
Futures, we recommend SOF Direct.com, http://sofdirect.com
for your direct access trading needs. See Todd in
the trading room for a real-time level II
platform.[/b]
Chris has left the room
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Ken-ST Moderator: wb tomh
tomh dsl went down.
jy got the eamil.
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Ken-ST Moderator: wb
Vanja dsl messing up here as
well
Ken-ST Moderator: Its lunch
time gang, consider taking a break from trading
during this time of dya
Ken-ST Moderator: day
Slwidener has entered
DayTrading Chat
Ken-ST Moderator: gm Slwidener
Nelson has left the room
jy yes
Hunter : Ken don't seem to have
the attachment/zip file on mt e-mail
Hunter : my
IG50 has logged out
Slwidener has logged out
Hunter : ok thx
kim has entered DayTrading Chat
James-ST Moderator: hey kim
James-ST Moderator: kim, still
farming season?
tcat has logged out
Hunter : James says to his
wife .. what have you been doing with all that
grocery money I give you ? Her reply .... Turn
sideways and look on the mirror ! lmao
Hunter : in
James-ST Moderator: [img
id=em-5]
James-ST Moderator: sad
part......true
TAW has entered DayTrading Chat
James-ST Moderator: welcoem taw
Hunter : just kiddin James, lol
James-ST Moderator: CMED lunch
hour trigger
TAW Thanks
Ken-ST Moderator: welcome TAW
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Up[/b]
Ken-ST Moderator: [b]5 Minute
EMA Trend[/b] [b]up[/b] [b]Stochastics Trend[/b] [b]up[/b]
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James-ST Moderator: hey
kimmronn
kimmron hey James
James-ST Moderator: good
weekend?
kimmron James, CMED touched the
short trigger and an order hasn't been issued. Any
reason for this? Actually very nice, hope yours too
tcat has entered DayTrading
Chat
James-ST Moderator: yep,
kimmron, keep in mind during lunch hour on
wallstreet we do not issue Type B triggers
James-ST Moderator: Always!
jhollocpa LOW still a good
short? I missed it originally.
James-ST Moderator: Note, check
transcript, everyday we cancel alerts at
approvimately 11:00 East Cost
kimmron James, Yes, you are
correct. My mistake and it already cost me.
James-ST Moderator: jholl,
still in trend, our stop is 65.31
jhollocpa Ok
James-ST Moderator: ah kimm......lunch
hour we noticed success rate falls
significantly......lighter volume, more false
triggers
James-ST Moderator: kimmronn......use
30.01 as a stop since you are in.....trend does not
look bad and it still has a nice gap below it
kimmron Probably it has to hurt
in order to remmember. Like babies with fire.
Cant'teach them until they get burned
James-ST Moderator: [img
id=em-5]
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Ken-ST Moderator: any
questions?
mark2 has entered DayTrading
Chat
Ken-ST Moderator: wb
jhollocpa Do you guys recommend
stop orders or stop limit orders? If limit, how
much range do you recommend?
Ken-ST Moderator: It all
depends on the trader
Ken-ST Moderator: but for me if
I am going to be stopped out for a loss, I will send
a market order
Ken-ST Moderator: I dont want
to run the risk of not getting out
Hunter has entered DayTrading
Chat
jhollocpa I'm talking about
initially getting in on the trade. I agree with
market order on getting out.
JP has logged out
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Ken-ST Moderator: ah ok
Ken-ST Moderator: sorry about
that
Ken-ST Moderator: On the entry,
I like market orders as well, but it depends on how
much risk you are willing to take
Ken-ST Moderator: brb gang
jhollocpa Ok.
Ken-ST Moderator: If the stock
is thin and spread is wide, I may opt to place a
limit order
Ken-ST Moderator: Ill look on
the level II to identify a good place where there is
an abundant amount of shares to fill my order
Ken-ST Moderator: Ok, brb,
taking a 20 minute break here
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James-ST Moderator: Questions
or comments?
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James-ST Moderator: Unreal flat
market
James-ST Moderator: [img
id=em-6]
JP has logged out
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James-ST Moderator: Market new
LOD
James-ST Moderator: Monitor
your 5 minute charts of the SPX
Ken-ST Moderator: back
Ken-ST Moderator: Stochastics
in middle of trend
James-ST Moderator: Note on
your 5 minute SPX, market settling right into
support/ congestion on Friday
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Ken-ST Moderator: wb tms
Ken-ST Moderator: no early
triggers today gang
Ken-ST Moderator: we will wait
until the market hits the official 1:30 end of lunch
Vanja has left the room
James-ST Moderator: That
Pennsylvania girl, whose parents were
murdered......did they find her yet?
JP Yes, in Indiana
James-ST Moderator: Was she
abducted, or was she an accomplice to the murder?
JP Haven't heard yet. News
just said they caught the boyfriend and that the
girl was unharmed.
James-ST Moderator: [img
id=em-5]
Ken-ST Moderator: That's good
news
James-ST Moderator: 18 and
14.....by all accounts he was a good kid.......
Ken-ST Moderator: DRIV what a
nice tank
cleon has entered DayTrading
Chat
Ken-ST Moderator: wb cleon
Todd-SOF Direct has logged out
Joe has logged out
Jose has logged out
cleon thx
Ken-ST Moderator: Market
nearing 1:30 pm turn
Todd-SOF Direct has entered
DayTrading Chat
Ken-ST Moderator: wb
Todd-SOF Direct ty
Jose has entered DayTrading
Chat
Ken-ST Moderator: wb Jose
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.58[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.58[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]CMED
29.58[/b]
James-ST Moderator: kimmronn,
you still in it?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.11[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.11[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]LOW 65.11[/b]
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 65.11[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 65.11[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]LOW 65.11[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]CMED 29.58[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]CMED 29.58[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]CMED 29.58[/b]
Ken-ST Moderator: Disregard
that first post regarding LOW
Ken-ST Moderator: typo
trdr45 has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 30.01[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 30.01[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 30.01[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 30.01[/b]
bulldogchip has left the room
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Down[/b]
jhollocpa has logged out
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DayTrading Chat
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: Hunter has entered DayTrading
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DayTrading Chat
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Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]LOW[/b]
: Hunter has logged out
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Hunter : thx jy, me thinks I be
ready to rumble ! lol
jy great Hunter
lpshiau has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]IDSY
19.56[/b]
winner has logged out
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]IDSY
19.56[/b]
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]IDSY
19.56[/b]
tomh has entered DayTrading
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Ken-ST Moderator: wb
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Ken-ST Moderator: wb everyone
Ken-ST Moderator: Market is
very dead
Ken-ST Moderator: stay
disciplined gang
mark2 has logged out
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Chat
kimmron has logged out
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Ken-ST Moderator: hi vm
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]IDSY
19.56[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.74[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.74[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.74[/b]
Ken-ST Moderator: 1st price was
a typo
Ken-ST Moderator: s/b 89.74
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]IDSY 19.56[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]IDSY 19.56[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]IDSY 19.56[/b]
bearrally has entered
DayTrading Chat
James-ST Moderator: HEY BEAR
Ken-ST Moderator: GA Bear
Ken-ST Moderator: Market now
below the 5 ema
Ken-ST Moderator: stoch on
verge of rolling over near overbought levels
dana has logged out
bearrally afternoon
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]IDSY[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]IDSY[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]IDSY[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]IDSY[/b]
dana has entered DayTrading
Chat
Ken-ST Moderator: no profit on
IDSY yet gang
Ken-ST Moderator: that is a
misprint
Ken-ST Moderator: we will wait
for a better confirmation
tcat DRIV
Ken-ST Moderator: very nice
tcat
Ken-ST Moderator: nice tight
stop
Ken-ST Moderator: lets issue an
alert there at 24.49
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator: [b]Watching
for Type A Short on[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 29.83[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 29.83[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]CMED 29.83[/b]
TAW has logged out
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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]
Ken-ST Moderator: [b]Intraday
Trend is Sideways to Down[/b]
pvg6799 has logged out
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bearrally this market stink
Ken-ST Moderator: yeah no real
trend going on
Ken-ST Moderator: AET hanging
tough
bearrally even goog and cme are
not moving
bearrally anyoen look to buy
ICE?
TAW has entered DayTrading Chat
bearrally bot hod
Ken-ST Moderator: wb TAW
Ken-ST Moderator: BOT still in
a range
Ken-ST Moderator Update!
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]IDSY[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]IDSY[/b]
Ken-ST Moderator: [b]1% PROFIT
HIT. Consider taking some profits in[/b] [b]IDSY[/b]
James-ST Moderator: took
profits........long ago
jy ken, we did
James-ST Moderator: but you
guys can take it again
James-ST Moderator: [img
id=em-3]
Ken-ST Moderator: lol
Ken-ST Moderator: just happy
ak has logged out
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merlin has logged out
cleon sync had a nice move
today
ak DRIV triggered
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]DRIV 24.49[/b]
Ken-ST Moderator: sorry about
that delay
MANN has logged out
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Chat
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Chat
Ken-ST Moderator: wb all
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.66[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.66[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.66[/b]
kim has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.99[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.99[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 89.99[/b]
tcat has logged out
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bearrally james, kick the
market in will you
jy CMED profit
bearrally i am falling asleep
James-ST Moderator: [img
id=em-4]
bearrally this is slower than
video poker
bearrally lol
James-ST Moderator: that is
right......
James-ST Moderator: how was
Vegas?
bearrally bad bad bad
bearrally lol
James-ST Moderator: baccarat?
jy short CMED 29.58 stock at
29.15
jy where is the sound
bearrally black jack and paigow
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: [b]1%
PROFIT HIT. Consider taking some profits in[/b] [b]CMED[/b]
James-ST Moderator: ty jy
James-ST Moderator: profit long
ago
James-ST Moderator: so hardly
play craps bear?
jy hey it's more than 1%
jy it's running
James-ST Moderator: [img
id=em-3]
jy another % on CMED
JOVID goog
James-ST Moderator: TY JOVID
James-ST Moderator: good eye,
making all time highs
jy CMED broke down
Raptor has logged out
Ken-ST Moderator: GOOG just
about 2 points off the all time highs
Ken-ST Moderator: unrealy
Ken-ST Moderator: unreal
Yuksek has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]DRIV[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]DRIV[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]DRIV[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AET[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AET[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop to entry[/b] [b]AET[/b]
Ken-ST Moderator: Lets play it
tight gang, we are nearing the close
bearrally bot has been really
good
kim has logged out
bearrally buy in the morning
and sell end of day
kim has entered DayTrading Chat
Ken-ST Moderator: any
questions?
Ken-ST Moderator Update!
Ken-ST Moderator: Cancel all
alerts
Ken-ST Moderator: Half hour
left in the day
Hunter : take care guys, and
have a good evening
Vanja has entered DayTrading
Chat
Hunter has left the room
cleon see you in the am!
cleon has left the room
Ken-ST Moderator: ok guys
JP has logged out
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.44[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.44[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.44[/b]
James-ST Moderator:
Remarkable........the market has barely moved today
James-ST Moderator: We did
manage a nice find with CMED.......
James-ST Moderator: and ISRG
from this morning trigger of 100.70
James-ST Moderator: 5% mover at
one point
James-ST Moderator: The good
thing about Type B strategies......they can at the
very least be used to identify runners in an
otherwise stangant market
James-ST Moderator: GOOG ALL
TIME HIGH
James-ST Moderator: Questions
or comments?
Todd-SOF Direct has logged out
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DayTrading Chat
Ken-ST Moderator: wb
Slwidener Hey.
Ken-ST Moderator: Scale out
into moves in your favor gang
Ken-ST Moderator: DRIV and AET
Ken-ST Moderator: its late in
the day
Slwidener Just checked in to
take a look at the day ... getting ready to board a
plane so I'll see you in the AM.
Ken-ST Moderator: have a nice
flight
James-ST Moderator: Where you
off to?
Slwidener has logged out
James-ST Moderator: [img
id=em-6]
Ken-ST Moderator: thanks for
checking in
Vanja have a good day everyone.
James-ST Moderator: ok bud take
care
BRUNO3 has left the room
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Ken-ST Moderator Update!
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.35[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.35[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]DRIV 24.35[/b]
merlin has entered DayTrading
Chat
Ken-ST Moderator: Hi merlin
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]DRIV for PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]DRIV for PROFIT[/b]
Ken-ST Moderator: [b]STOPPED
Consider exit in[/b] [b]DRIV for PROFIT[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.49[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.49[/b]
Ken-ST Moderator: [b]UPDATE:
Moving stop on[/b] [b]AET 90.49[/b]
Ken-ST Moderator: Scale out
into strength gang
Ken-ST Moderator: we have jsut
10 more minutes
James-ST Moderator: Trying to
squeeze water out of rock today gang........
James-ST Moderator: Hope
everyone did ok today, besides the non-existent
market conditions........
James-ST Moderator: [b]Now is
the time to ask questions or make
comments.........[/b]
dana I'm new and a little
confused,
dana are we buying at the enter
price?
dana and selling at the exit
price?
Ken-ST Moderator: It depends if
it is a long or short
Ken-ST Moderator: I will post
an example:
Ken-ST Moderator: say we are
watching stock XXXX
Ken-ST Moderator: and we note a
breakout price at 26.01
Ken-ST Moderator: and say the
stock is currently at 25.75
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]XXXX
26.00[/b]
Ken-ST Moderator: [b]Watching
for Type B Buy at new high of the day on[/b] [b]XXXX
26.01[/b]
Ken-ST Moderator: that is what
we would poist
Ken-ST Moderator: post
Ken-ST Moderator: so if the
stock goes UP to 26.01 we will post the following:
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE A
Trade (Breakout). Consider Buy[/b] [b]XXXX 26.01[/b]
bearrally selling bot
Ken-ST Moderator: nice bear
Ken-ST Moderator: dana: if the
stock was at 26.25 and we note a breakdown price at
25.99 we may issue the following:
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching
for Type B Short at new low of the day on[/b] [b]XXXX
25.99[/b]
Ken-ST Moderator: so if the
stock goes DOWN to 25.99 we would cosider shorting
the stock and we would send the following :
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]XXXX 25.99[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]XXXX 25.99[/b]
Ken-ST Moderator: [b]TYPE B
Trade (Gap). Consider Short[/b] [b]XXXX 25.99[/b]
Ken-ST Moderator: does that
make things a little more clear?
bearrally what the heck is xxxx?
dana sort of... just getting
the hang of things
Ken-ST Moderator: cool
Ken-ST Moderator: XXXX is just
an example im using to explain
Ken-ST Moderator: you made out
good today bear?
bearrally nope, did ok with bot
bearrally that is about it
James-ST Moderator: Ok gang,
catch everyone early tomorrow
dana where can I get more
training and how things work? b/c right now my %
don't look like yours and I want to be on the same
page
bearrally the rest are upside
down
bearrally don't think much will
heppen
steveg has left the room
bearrally option expiration
week
Ken-ST Moderator: yeah
Ken-ST Moderator: You may view
our strategies on our Videos
jy has left the room
Ken-ST Moderator: to see how
things work in the room, feel free to ask questions
during the day
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]
Ken-ST Moderator: [b]For Day
Trading we strongly suggest traders trade on a
Direct Access Platform. Web Brokers are not
efficient enough. Whether its Stocks, Options, or
Futures, we recommend SOF Direct.com, http://sofdirect.com
for your direct access trading needs. See Todd in
the trading room for a real-time level II
platform.[/b]
Ken-ST Moderator: Trading
platform is important
tms has logged out
dana right now I'm trading on
etrade... should I trade somewhere else?
Ken-ST Moderator: if you will
be day trading yes
Ken-ST Moderator: Web brokers
are not suited for day traders
Ken-ST Moderator: you need
direct access. We use SOF DIrect.com
Ken-ST Moderator: talk to Todd
in the room and get hooked up with their live
simulator
dana will do...
Ken-ST Moderator: cool
Ken-ST Moderator: any other
questions?
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