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The Power of 2% Chat Transcripts


08/29/06 Chat Session



Scott-ST Moderator: *
*************************************
********** Good Morning Everyone
********** Tue Aug 29th 2006
*************************************
Cale has entered DayTrading Chat
Cale Good Morning everyone
Scott-ST Moderator: gm cale
mellowg gm
Ken-ST Moderator has entered DayTrading Chat
Ken-ST Moderator has become a moderator
Ken-ST Moderator: gm all
mellowg test
JP has entered DayTrading Chat
JP GM everyone
claudia gm ken
mellowg anybody knows how i can make the font on the left column bigger
nin has entered DayTrading Chat
nin gm
Ken-ST Moderator: gm mellow, JP, claudia, nin
mellowg morn ken and all
Ken-ST Moderator: not sure mellow, perhaps you have to make your entire web browser bigger
Ken-ST Moderator: the font on your browser bigger rather
Scott-ST Moderator: good morning ken
Cale Ken
Cale good morning to you
mellowg it worked thanks ken..did not think of that
Cale hook a brother up w/ come awesome picks today!!!
Cale weeee
Ken-ST Moderator: cool
Ken-ST Moderator: gm Scott, Cale
allegro_bob mellow - from browser select view - text size then select a larger size
conanboxer has entered DayTrading Chat
conanboxer good morning
mellowg ty bob
888 has entered DayTrading Chat
claudia STLD?
Ken-ST Moderator: gm bob, conan, 888
Ken-ST Moderator: STLD in recent range
Cale VPHM
Cale OVTI
JP DXCM
dp has entered DayTrading Chat
ms has entered DayTrading Chat
Ken-ST Moderator: gm dp, ms
slowmo has entered DayTrading Chat
ms gm all
Ken-ST Moderator: gm slowmo
SteveP has logged out
hobo has entered DayTrading Chat
Ken-ST Moderator: gm hobo
lionel has entered DayTrading Chat
hobo gm
Ken-ST Moderator: gm lionel
SteveP has entered DayTrading Chat
Ken-ST Moderator: gm SteveP
davidber has entered DayTrading Chat
gd has entered DayTrading Chat
gd gm all
mac has entered DayTrading Chat
mac gm
2thdr has entered DayTrading Chat
Scott-ST Moderator: GM MAC
Scott-ST Moderator: and welcome to my tuesday
Ken-ST Moderator: gm davidber, gd, mac, 2thdr
Scott-ST Moderator: good morning gd
Lorden has entered DayTrading Chat
Brian has entered DayTrading Chat
2thdr gm
Ken-ST Moderator: gm Lorden, Brian, 2thdr
rdub has entered DayTrading Chat
Ken-ST Moderator: gm rdub
rdub gm all
rdub gm Ken
rdub gm Scott
j5 has entered DayTrading Chat
Scott-ST Moderator: good morning rdub
j5 gm all
Ken-ST Moderator: gm j5
jy has entered DayTrading Chat
Ken-ST Moderator: gm jy
j5 vphm vol 1.2 m already
j5 gm ken
Scott-ST Moderator: Good Morning j5
jy gm ken scott
j5 yo scott!
Ken-ST Moderator: GM everyone
Ken-ST Moderator: Market Assessment:
mhlin88 has entered DayTrading Chat
Ricky has entered DayTrading Chat
Ken-ST Moderator: Daily chart: above the previous days range, stoch up
mhlin88 gm, ken. For the type a trade, should I enter limit now or wait till you signal? thks
Ken-ST Moderator: Hourly chart: uptrend
Ken-ST Moderator: 5 min chart: uptrend
Ken-ST Moderator: Overall an uptrending bias to the market
Ken-ST Moderator: futures are up .50
momo has entered DayTrading Chat
Ken-ST Moderator: Despite the uptrend we are still cautious of the upside of the market as we are nearing a general resistance area on the market
Ken-ST Moderator: also, keep trading to a minimum this week gang
Ken-ST Moderator: trading is slow, and one ofhte slowest of the year historically
JQ has entered DayTrading Chat
Ken-ST Moderator: it will get progressively worse as we head into Friday
Ken-ST Moderator: gm JQ
chrysler has entered DayTrading Chat
Cale Johnny Q
Cale gm
Cale gm
Cale gm
Ken-ST Moderator: we will likely have just Type A alerts for Friday delivered to your email
j5 wow, you sound serious
mohammed_y has entered DayTrading Chat
Scott-ST Moderator: Good Morning Everyone
j5 ken you're freaking me out, im not even gonna look at the market on friday
JQ has logged out
Ken-ST Moderator: dont j5
Cale I will not be here on friday
Ken-ST Moderator: it will be ridiculously slow
alex has entered DayTrading Chat
Cale make a 3 day weekend out of it
gd not here either
j5 cool cale, maybe i'll drop by
JQ has entered DayTrading Chat
allegro_bob 4 day weekend - isn't monday a holiday?
rdub 4 day weekend
bb has entered DayTrading Chat
Cale *** Good Trades Everyone ***
Cale sure j5
j5 good trades,
Cale we can have some c o c ktails
Cale brb
JQ gm cale
Cale has logged out
JQ gm ken
j5 hmm ctxs looks close
joy has entered DayTrading Chat
allegro_bob i'll bring the ding=dongs
JQ gm scott
mhlin88 has logged out
mellowg let us make sure we don't give them back all the hard earned money we did this month...grin
Ken-ST Moderator: gm Ricky, momo, chrysler, mohammed, alex, JQ bb joy
Ken-ST Moderator: lol bob
momo gm
Cale has entered DayTrading Chat
j5 i wish i couls say that bob
JQ wb
JP Cancel DXCM?
allegro_bob ding-dongs and scotch --- mmm mmmmm good
alex gm all
j5 ding ding ding ding
Ken-ST Moderator: Good trading gang
Scott-ST Moderator: time to party
JQ $$$$$$$$
lionel has logged out
nm has entered DayTrading Chat
gman has entered DayTrading Chat
gman gm all
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 12.68[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 12.68[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]VPHM 12.68[/b]
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
lionel has entered DayTrading Chat
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CTXS 30.44[/b]
Claudia has entered DayTrading Chat
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakout). Consider Buy[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]CTXS 30.44[/b]
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VPHM 12.68[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VPHM 12.68[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]VPHM 12.68[/b]
SteveP has logged out
Cale stop on CTXS???
Scott-ST Moderator: Cale
Scott-ST Moderator: dah
Scott-ST Moderator: its always 1.5%
Ken-ST Moderator: 30.90
Scott-ST Moderator: omg
Scott-ST Moderator: retard
Cale lol
Cale I was just kidding
Ken-ST Moderator: lol
Cale weeeeeeeee
2thdr vhhm stop?
JP has logged out
JP has entered DayTrading Chat
Ken-ST Moderator: lod
Scott-ST Moderator: HOD
Ken-ST Moderator: 12.47
SteveP has entered DayTrading Chat
JQ hit hard Scottie
Scott-ST Moderator: lol
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SAFM 29.09[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SAFM 29.09[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]SAFM 29.09[/b]
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 16.11[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 16.11[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 16.11[/b]
JQ scott you better put your full metal jacket on now
Scott-ST Moderator: lol
Scott-ST Moderator: good call JQ
Scott-ST Moderator: maybe I should just go to bed
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
JQ $$$$
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]VPHM[/b]
jy VPHM handsome ty
rdub nice job ... thanks guys
Ken-ST Moderator: GJ GANG
Ken-ST Moderator: see you tomorrow
lionel has logged out
Cale YUMMMY
JQ sweet
Cale maybe I will call it a day
Cale and just chitchat w/ everyone
lio has entered DayTrading Chat
JQ just say NO
Ken-ST Moderator: SAFM is close
Scott-ST Moderator: SAFM is close
Scott-ST Moderator: Ken you read my mind
j5 sure scotty, i don't think thats going to work with the boss
JQ Scott great minds think alike
j5 lol, jk
Scott-ST Moderator: [img id=em-10]
Ken-ST Moderator: lol
Cale what about me?
JQ you the man
Lorden has logged out
j5 ouch
Cale ty ty ty
Cale no no no you da man JQ
JQ lol
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SAFM 29.09[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SAFM 29.09[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]SAFM 29.09[/b]
Lorden has entered DayTrading Chat
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
jvt profit
j5 alright!
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SAFM [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SAFM [/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]SAFM [/b]
Scott-ST Moderator: [img id=em-10]
2thdr let's get more like that
j5 im marketing out ctxs and im audi 5000
JQ $$$$$
jvt now ctxs and i'm done
j5 :) :)
gman ty guys
gd nice job!
j5 im so happy
mac has left the room
annabellab Very nice!
allegro_bob i'm 2 for 2 - very nice guys
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]OVTI 16.41[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]OVTI 16.41[/b]
Ken-ST Moderator: [b]Watching for Type B Buy at new high of the day on[/b] [b]OVTI 16.41[/b]
allegro_bob safm new hod
allegro_bob wow - should've left 1/2 in
davidber never argue with profit
Ken-ST Moderator: Thats ok, conservative is the name of the game this week
allegro_bob so TRUE!
j5 nah dont worry, very thin market, your strategy is for regular markets
Ken-ST Moderator: and next week, until the week after that
Scott-ST Moderator: got that right David
Cale OVTI will be nice if it triggers
davidber It's ok, I missed the entry - when it hit the profit, I shorted it at .41 got out at .20 - very happy with my profit.
Cale thats one to take 1/2 and put a trailing stop on the rest
Cale let it run run run
Cale ty Ken
jvt stop on ctxs?
Ken-ST Moderator: 30.90
Cale ken the master stock
gd safm
gd nice
Cale Ken the Stock Whisperer
Ken-ST Moderator: lmao
Ken-ST Moderator: shhhhhh
Scott-ST Moderator: Nice Cale
Scott-ST Moderator: you watch the Dog Whisperer?
Scott-ST Moderator: thats a great show
Cale yep
Cale thats what I was thinking
allegro_bob that last safm spike would've taken out the trailing stop
JQ WHAT IS SCOtttttt?
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]OVTI 16.41[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]OVTI 16.41[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Buy[/b] [b]OVTI 16.41[/b]
j5 yeah scott, my wife and i been doing the "shhh" to our dogs
Cale there she blows
Cale lol
Ken-ST Moderator: lol
Cale Cesar is the bomb
Ken-ST Moderator: j5, I've been watchign that show a lot
Ken-ST Moderator: and I dont even have a dog
Cale lol
Ken-ST Moderator: I want to do that shhh thing to my neighbor's dog
Cale he tries to use that strategie o nhis kids
j5 lol ken
IB has entered DayTrading Chat
mellowg wow got opnly 24 shares of OVTI
mellowg profits will be IMMENSE
JQ GJ
Scott-ST Moderator: lol
davidber Holy **** - Buy a MANSION with that
nin 100 here
Ken-ST Moderator: lol mellow
JP VPHM LOD?
Scott-ST Moderator: and a car
j5 dont spend it all in one place
Ken-ST Moderator: thats the way bro, keeep it conservative
davidber haha ken
mellowg don't laught i am now profit $0.96
Ken-ST Moderator: VPHM is still above the 5 ema
Ken-ST Moderator: testing it now however
mellowg less commission
davidber A dollar ain't what it used to be
Ken-ST Moderator: watching for pullback/ consoldiation
allegro_bob with about 1000 shares - that's real money mellow!
gd you can buy about 1/3 gallon of gas
allegro_bob gas or milk - the same price
mellowg lol bob
allegro_bob ovti inches up
lio exit on ovti
Ken-ST Moderator: 1% past your entry
lio at what price
Ken-ST Moderator Update!
Cale its a runner bob
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 12.40[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 12.40[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]OVTI 12.40[/b]
jvt huh
gd ?
rwalsh2 vphm?
jvt we long ovti
JQ ?
chrysler Say what?
nin what stop
allegro_bob who's on first?
Scott-ST Moderator: OMG look
nm do you mean vphm?
Ken-ST Moderator Update!
claudia 16.40?
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]VPHM 12.40[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]VPHM 12.40[/b]
Ken-ST Moderator: [b]Watching for Type B Short at new low of the day on[/b] [b]VPHM 12.40[/b]
Ken-ST Moderator: sorry my bad
Scott-ST Moderator: it was KEN with the PIG Tit
Ken-ST Moderator: damn, Im now on the same page as Scott
chrysler Ken, did Scott send you his keyboard???
Ken-ST Moderator: OVTI we are long
Ken-ST Moderator: lol chry
JQ great minds?
Scott-ST Moderator: JQ
Scott-ST Moderator: did you see that!!!!
888 has logged out
Scott-ST Moderator: I am so happy it was the master Ken that made the 1st mistake
JQ lol
888 has entered DayTrading Chat
j5 scotty, you never learn, blaming the boss is not gonna work either, lol
Scott-ST Moderator: true
conanboxer WOW.....market reversed
jvt numbers was out right
mellowg is that candle right on SPX
mellowg proper
mellowg wow
Scott-ST Moderator: yeppers
Scott-ST Moderator: big RED
allegro_bob consumer confidence 99.6 vs 105
jvt come on ctxs
mellowg well ovti came to complete my order
Ken-ST Moderator: cool
Ken-ST Moderator: We will not officially move the stop on CTXS, but a stop at a hod is prudent
JQ ty
gd vphm...nice move off the low
Ken-ST Moderator: great example of why we wait for the 5 ema on 5 min
JQ Iam so mad at cale every time I Iook at Liz I notice her nose holes
JQ now
Ken-ST Moderator: lol JQ
Ken-ST Moderator: lmao
Cale sorry man
Cale but....
conanboxer What's wrong with Liz???
Ken-ST Moderator: nothing, she is still hot
Cale check out that nose on Liz
gd vphm geeting close
Ken-ST Moderator: in a crooked Nostril kinda way
JQ I may not be able to forgive you bro!!
mellowg conan..the say she does not need a lot of kleenex
Cale her left hole is higher then the right
JQ lmao
JP VPHM close
Ken-ST Moderator Update!
conanboxer Yeah...you are right about that nose
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.19[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.19[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.19[/b]
JQ Ken we never said any thing bad about ERIN
Ken-ST Moderator: nothing wrong with a little asymetrical
Cale lol
JQ lol
gd need to update today's results
Cale thats cuz you cant find anything bad to say
JQ hair???
trdr45 ta tas are perfectly symetric though
Scott-ST Moderator: ty gd
momo has logged out
Ken-ST Moderator: llol
Ken-ST Moderator: I dont care, me thinks she is still red hot
Cale Erin yes hse his
JQ gj 45
j5 has logged out
nm c'mon
jvt vphm near
Cale Eriin? yes she is red hot
Cale man cant type this morning..
JQ I miss JB perspective on these issues
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]VPHM 12.40[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]VPHM 12.40[/b]
Ken-ST Moderator: [b]TYPE B Trade (Gap). Consider Short[/b] [b]VPHM 12.40[/b]
ryan has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 12.67[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 12.67[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]VPHM 12.67[/b]
Ken-ST Moderator: A stop of breakeven on CTXS is a prudent move
claudia Ken CKEC at low?
trdr45 I like this prudent stuff...ive been aprude all my life....lmaso
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
jvt ctxs
jvt yes
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CTXS[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CTXS[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]CTXS[/b]
jvt now vphm hehe
jy CTXS ahndsome
Ken-ST Moderator: cool
Ken-ST Moderator: gj
nin plxs close
Ken-ST Moderator: ty nin
Ken-ST Moderator Update!
Ken-ST Moderator: [b]Watching for Type A Short on[/b] [b]PLXS 19.68[/b]
bb has logged out
mlin88 has entered DayTrading Chat
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PLXS 19.68[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PLXS 19.68[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]PLXS 19.68[/b]
Claudia has logged out
Scott-ST Moderator: Stock of Intrest hitting LOWs: AAPL RIMM COST WMT AKAM AAUK RBAK THOR
JQ Ken LIZ looks great in purple!!!
Claudia has entered DayTrading Chat
Scott-ST Moderator: WB
JQ wb
allegro_bob can't wait for her calendar
Ken-ST Moderator: I agree
Cale ken thinks Liz looks good in anything
JQ yummy
JQ right cale
annabellab has logged out
Ken-ST Moderator: SAFM hitting new hod
Scott-ST Moderator: Stocks Hitting Hights: LPNT NKTR INFY DRCT SLAB
Scott-ST Moderator: not too many
Scott-ST Moderator: oh and SAFM
Scott-ST Moderator: and PHRM
Scott-ST Moderator: anyone have any Questions:
2thdr the stop for plxs?
rdub 1.5%
JQ cale were is old man whiskins river
Scott-ST Moderator: 19.98
2thdr thanks
Scott-ST Moderator: 1.5%
Cale I am sure he is sleeping....
Ken-ST Moderator Update!
claudia Ken CKEC @lod?
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]VPHM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]VPHM[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop to entry[/b] [b]VPHM[/b]
JQ Scott wants to know if you boys took any pictures up at Brokeback???
allegro_bob has logged out
Cale lots of pictures
Ken-ST Moderator: I will stay clear claudia
Cale and a video
Ken-ST Moderator: we are very oversold on intraday
Scott-ST Moderator: JQ
Ken-ST Moderator: also
Scott-ST Moderator: ack
JQ lol
Ken-ST Moderator: CKEC is at bottom of big greeen candle intraday
JQ bow ties???
Cale nope not even bow ties
Cale just Hats
Ken-ST Moderator: It may work out, but we will stay clear for nwo
Ken-ST Moderator: otherwise nic setup
JQ Mark calling Pasani doctor ??!!@@#$$%%^&&*
Ken-ST Moderator Update!
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]VPHM Breakeven[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]VPHM Breakeven[/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]VPHM Breakeven[/b]
Cale more like Idiot Pasani
Ken-ST Moderator: lol doctor
JQ chicken little??
Ken-ST Moderator Update!
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.35[/b]
mark has entered DayTrading Chat
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.35[/b]
Ken-ST Moderator: [b]UPDATE: Moving stop on[/b] [b]OVTI 16.35[/b]
gman ken, what u consider when u move stop to entry.?
Ken-ST Moderator: progress to target, market momentum
Ken-ST Moderator: volatility
Cale I think he just likes to move stops so he can make the beep beep beep
gman ok, ty
JQ yapper
gman lol
Ken-ST Moderator: haha
JQ cale you know he carries around house for the wife and kids
JQ too
Cale huh?
Cale carries what?
Cale carries a picture of Liz?
Ken-ST Moderator: big stick?
Cale are you talking about Ken or blk
JQ beep beep beep
Cale oh
dp has logged out
JQ Ken do you have air desk set up??
dp has entered DayTrading Chat
Scott-ST Moderator: hello dp
Ken-ST Moderator: yup
Ken-ST Moderator: Im kicknig back in my recliner right now, with the Airdesks
Ken-ST Moderator: 4 monitors
JQ cool
Ken-ST Moderator: yeah, its a lot better on my back
trdr45 ive got air nikes
JQ up grading to 4 monitors this week
trdr45 got three one in reserve
JQ what do you have your mouse and keyboard on??
gd 3 monitors + beer
Ken-ST Moderator: the mouse on the air desk
Ken-ST Moderator: the keyboard on the computer keyboad that came with the recliner
Ken-ST Moderator: lol gd
Ken-ST Moderator: The 4 monitors are on 2 airdeks
Cale we like to call it the grampa setup
Cale or the pregnet lady setup
trdr45 have large glass desk ..corner job
trdr45 lots of room
Ken-ST Moderator: lol cale
JQ when you use the mouse does it move the mast?
Ken-ST Moderator: No
Ken-ST Moderator: if I started hitting it hard, then yeah it moves
Ken-ST Moderator: But I have the Double base
Ken-ST Moderator: the regular base didnt cut it
Ken-ST Moderator: too heavy
Ken-ST Moderator: the Mast was leaning
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JQ I am going to use 3 mast with heavy bases
Ken-ST Moderator: what will you be putting on it?
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gd safm...on fire
JQ 1mast mouse and key other masts monitors
JQ did you get a chair from Backrite??
Ken-ST Moderator: Yeah, I bought 3 air desks with that setup in mind
Ken-ST Moderator: no I bought the Stressless Recliner from a local place here
Ken-ST Moderator: shipping is outrageous to Hawaii
Ken-ST Moderator: The Stressless is the Ekornes
Ken-ST Moderator: Was debating between that and the Zero Gravity Chair
jvt any type c?
JQ cool great setup!!!!
Ken-ST Moderator: In the end I think I wanted to get the Zero Gravity because it sounded cool, but it wasnt pratical for working
JQ You can make alot of traders jealous with that setup
Ken-ST Moderator: Scanning for Type C buy setups
Ken-ST Moderator: yeah talk to Ed at AirDesk. Very cool guy
Ken-ST Moderator: good service
Ken-ST Moderator: I think he owns the company
gd ctxs...nice move off lows
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Ken-ST Moderator: Keeping Eye on THOR
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Ken-ST Moderator: wb
IB ty
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL TYPE B ALERTS
Ken-ST Moderator: I dont think we had any alerts, but just to make it official
Ken-ST Moderator Update!
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Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OVTI [/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OVTI [/b]
Ken-ST Moderator: [b]STOPPED Consider exit in[/b] [b]OVTI [/b]
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Ken-ST Moderator: any questions?
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mellowg well...i am naked and will call it a day...thanks ken/scott for the profit
mellowg cyall
Scott-ST Moderator: later mellow
Ken-ST Moderator: good to hear mellow
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Ken-ST Moderator: have a good one
Ken-ST Moderator: Not sure what that meant by he is naked though
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the-Don GM all
Ken-ST Moderator: gm Don
the-Don hows are we today
Ken-ST Moderator: not too bad
Ken-ST Moderator: taking things slow
the-Don slow?? like watching paint dry...lol
Ken-ST Moderator: like that but worse
Ken-ST Moderator: lol
the-Don come on Ken do some majic bring some life to the market!!
Ken-ST Moderator: we are entering into the lunch period
Ken-ST Moderator: Give me 2 weeks
Ken-ST Moderator: Ill see what I can do
the-Don hold u 2 that
SteveP Is ATHR Short at 14.84 still active thru lunch?
the-Don and whats Scott gona do for us
Ken-ST Moderator: Yes it is
Ken-ST Moderator: it is open all day
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Ken-ST Moderator: Type As are set so that you may enter your orders at the start ofthe market
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Ken-ST Moderator: set it and forget it
Ken-ST Moderator: gm David
SteveP Got it! Is PLXS Stop at 19.98?
Ken-ST Moderator: yes
David-Harmon Trading ga all
mlin88 Are we in ATHR or we are watching and wait till it gets to 14.84?
Ken-ST Moderator: waiting until it gets until 14.84
Ken-ST Moderator: we are not in yet
mlin88 Thx
SteveP What are the guidelines for stops for Type A/B/C trades?
SteveP Is there a reason they are not posted on the Stock List when a trade is Open?
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dp anyone else using ameritrade here? or am I the only sucker?
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Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator Short!
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]ATHR 14.84[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]ATHR 14.84[/b]
Ken-ST Moderator: [b]TYPE A Trade (Breakdown). Consider Short[/b] [b]ATHR 14.84[/b]
the-Don dow heading for another lod
rdub dp i use it when i can't short something on IB
SteveP Unless your trading huge shares, how can you afford to trade ATrade, aren't they still chaging about $10 per trade?
dp yes $10
dp whats cheaper?
rdub Ameritrade is cost-porhibitive for daytrading IMO
SteveP A number of on-line brakers are at $0.01 per share (or less!)
Ken-ST Moderator: the cost is not the issue with Ameritrade
rdub *prohibitive
Ken-ST Moderator: its the platform
Ken-ST Moderator: not good for setting and executing orders
rdub that too Ken
Ken-ST Moderator: You need a direct access platfrom
dp what do you recommend thats cheap & easy to use for day trading as a new trader
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Ken-ST Moderator: Harmon Trading is great for lower capital traders
the-Don PLXS working
dp i made all the trades today on this chat and I'm actually down $400 today! using ameritrade
the-Don ok ok shhhhhhhh
Ken-ST Moderator: SOF Direct for others
Cale dp talk to David-Harmon
Cale he will get you hooked up
dp where can i find him?
Ken-ST Moderator: he is in the room
mark What is the stop for athr?
Ken-ST Moderator: market new lod during lunch
Ken-ST Moderator: a stop at entry on PLXS is prudent
the-Don where can u c support for CAL ken
Ken-ST Moderator: what time frame?
the-Don 5 min
the-Don and 1
SteveP What is ATHR Stop?
mark what is the stop for athr?
mark what is the stop for athr?
Ken-ST Moderator: 24.20 area would be the most sensible support area
Scott-ST Moderator: SteveP its 1.5% 15.05
the-Don thank u sir
Ken-ST Moderator: but if it starts to take out thoese levels, it may continue on
Ken-ST Moderator: its now below all the MAs
the-Don oh good
SteveP Thanks Ken - is it 1.5% in general for Type A?
Ken-ST Moderator: Yes Steve
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Ken-ST Moderator: hi hal
hal hi ken everyone
the-Don NEED more screens
the-Don more eyes as well
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]PLXS[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PLXS[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]PLXS[/b]
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the-Don wheres blk these days
Cale taking a nap
the-Don ATHR hit?
Cale I am sure he will pop in later after the fur has flown
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the-Don bet u missing him Cale
Ken-ST Moderator: VPHM new lod
Ken-ST Moderator: ATHR we have 14.69
Cale ya no one picking on me :(
the-Don lol
Cale well JQ is when he is around
Cale but he is still a rookie at it
JQ alot of man love
the-Don covered CAL
Cale I was hoping that blk could train him a bpit more
Ken-ST Moderator: market just new lod during the lunch period
Cale back at ay JQ
JQ cale is erin off today
Ken-ST Moderator: market has been in oversold for must of the day
Ken-ST Moderator: a stop at entry on ATHR is prudent
Ken-ST Moderator: not at all a bad idea to take some off on moves in yoru favor
Ken-ST Moderator: wiht the market making new lod during the lunch period
Ken-ST Moderator: to take at least some risk off the table
Cale I saw here this morning, but look its Silvia
Cale mmmm babe
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
jy ATHR profit
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ATHR[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ATHR[/b]
Ken-ST Moderator: [b]1% PROFIT HIT. Consider taking some profits in[/b] [b]ATHR[/b]
Cale nice job boys!!! all As hit
Ken-ST Moderator: TY cALE
trdr45 yes....go Ken
Cale yOUR wELCOME kEN gOOD jOB tODAY
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Ken-ST Moderator: LOL
Ken-ST Moderator: man where is blk,
Ken-ST Moderator: need him so that Cale has something else to focus on
SteveP Ken, typo of ATHR exit - 14.69, not 14.96?
Scott-ST Moderator: fixed Steve
Scott-ST Moderator: ty
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Ken-ST Moderator: if you have reached your goals or nicely in the plus, consider taking the rest of the day off
Ken-ST Moderator: there really is no sense in forcing anything out
Cale OKAY ken I will try not to pick on you today
Cale hummm
Cale who can I focus on?
Cale oh i know James, he isnt here
Cale but thats no fun
the-Don hooters
Cale James has hooters?
the-Don yaa
Cale I am sure he is having lunch at hooters
the-Don Ken told me
Cale or even breakfast
Cale lol
the-Don hhe lives there trades from his laptop
Ken-ST Moderator: lol
Cale I think thats Ken with his air chair
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Ken-ST Moderator: wb
Cale go go Ernesto
Cale hurricane John
Cale lol
Cale look out Ken
Cale didnt know you could get Hurricanes in the Pacific
Ken-ST Moderator: we are a hard target
Ken-ST Moderator: our island is shrinking
Ken-ST Moderator: We get them occassionally
Cale lol
Cale what is occassionally?
Cale once every 5 years?
Ken-ST Moderator: we have threats every few years or so
Ken-ST Moderator: hit hard every 10 maybe
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Cale so your not old enough to remember that last one?
Ken-ST Moderator: Old enough, but I cant seem to recal
Ken-ST Moderator: Iniki was one that hit us hard
Ken-ST Moderator: but that was over 20 years ago
Cale cool
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Ken-ST Moderator: SAFM now pullling back
Scott-ST Moderator: everyone sleeping?
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Scott-ST Moderator: or just amazed at how well we are doing today in this type of market?
SteveP No, not sleeping - Eating!
Scott-ST Moderator: ah eating is good
mark Almost a 5% day and I am off in another world
mark what up with that?
Scott-ST Moderator: come back mark come back
mark going to be any action after lunch to make it another 5?
Ken-ST Moderator: not sure, but it has to be perfect setups only
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Ken-ST Moderator: any questions?
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the-Don autotrade?
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Ken-ST Moderator: lol
Ken-ST Moderator: not setup yet
Ken-ST Moderator: I guess they are still working out the kinks
the-Don we gona get b 4 my pension starts???
Ken-ST Moderator: how old are you?
the-Don 30's
Ken-ST Moderator: cutting it close
the-Don damnnnn
the-Don lollll
Ken-ST Moderator: haha
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2thdr what is autotrade?
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rdub vehix.com
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Ken-ST Moderator: autotrade is something we are looking to setup with a brokerage to execute our calls on traders behalf
2thdr That means we wouldn't be doing the trading?
conanboxer That sounds interesting....
dp i'll be the 1st to sign up for that
Ken-ST Moderator: not if you sign up for autotrade
2thdr we don't do anything but collect the money...sounds good
conanboxer My problem is missing to enter...sometimes I hesitate and miss out....I would be definately interested.
dp when do you think that system might be up & running?
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Ken-ST Moderator: its all in the hands of the brokerage
Ken-ST Moderator: we will let everyone know once it becomes available
rdub who do think you'll likely be working with Ken?
dp cool
Ken-ST Moderator: Talking to a few
Ken-ST Moderator: Terra Nova is one
dp will Ken be hand delivering my money evrey week?
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Cale lol dp
Ken-ST Moderator: Fedex
Ken-ST Moderator: wb mark
Ken-ST Moderator: Fed minutes comes out at 2:00
Ken-ST Moderator: about 30 minutes
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Cale whats the news going to be?
Cale Green or Red?
Cale I will guess RED
JP more red
Ken-ST Moderator: lets see if there any possible triggers
Ken-ST Moderator: Nothing really close
Ken-ST Moderator: need to step away
Ken-ST Moderator: brb 15 minutes
Scott-ST Moderator: [img id=em-8]
Scott-ST Moderator Hi
Cale i feel like a kid at christmas, I just cant wait for the FMOC Minutes!!
Scott-ST Moderator: lol
conanboxer I think it will be dovish...
Cale lol
Cale what is dovish?
Cale is that between bearish and bullish?
rdub did u leave some milk and cookies out for Old Saint Ben?
Cale lol rdub I did
rdub nice of you
Cale ya thats the kinda guy I am
conanboxer After the negative consumer confidence....they will not drive the market more negative
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Ken-ST Moderator: back
JQ wb
Ken-ST Moderator: ty
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Ken-ST Moderator: wb mlin88
Ken-ST Moderator: consumer confidence nubmers out in a few mintues
Ken-ST Moderator: lol
Ken-ST Moderator: sorry
Ken-ST Moderator: Fed Minutes from the last meeting
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mlin88 what is wb. I am in &b out. R we goin to have more trades?
Ken-ST Moderator: hi kimmron
Ken-ST Moderator: nothing right now
Ken-ST Moderator: but scanning
kimmron hi Ken
the-Don how often do you get upgrades on DAS if any
the-Don ken
mlin88 Ken, can U identify some overnight gappers for us.
mlin88 Like B at market close and S at market open tomorrow
Ken-ST Moderator: what do you mean mlin?
Ken-ST Moderator: ah, we do not have anything like that
Ken-ST Moderator: I am not sure
Ken-ST Moderator: abut the update
Ken-ST Moderator: probablyu about once a month
the-Don does the program upgrade itself or u have to do it manually
the-Don wake david ask him
the-Don i see stocks dropping
Ken-ST Moderator: Fed Minutes are out
jy Fed mins. - good or bad
JP more rate hikes coming.
the-Don house prices gona go down
the-Don hopefully
Ken-ST Moderator: still nothing good here
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Ken-ST Moderator: wb chrysler
conanboxer Is it short covering? Market is recovering.
Ken-ST Moderator: market above the 5 ema , stoch up
Ken-ST Moderator: but still within the days range
chrysler I see you did well without me. I knew I would be gone for a couple hours so didn't want to set up the type A alerts but oh well, I'll get them next time.
Ken-ST Moderator: market will always be here
SteveP Ken, after news events such as this, do you simply wait for awhile till the market finishes digesting the news (since alot of stocks are going up/down right now)?
Ken-ST Moderator: usually like to wait until the dust settles
chrysler Just curious Ken, have you ever been in the middle of a day-trade and had the stock halted before you were able to exit the trade? The odds are very, very small of that ever happening.
Ken-ST Moderator: and look for entries with tight stops
Ken-ST Moderator: well, I had a stock collapse on me intrday
Ken-ST Moderator: but did not have any halted on me
chrysler I've had 2 times (that I remember) where I've had a overnight position and the stock has been halted. Once was with TASR and the other with RIMM. I"m hoping that never happens during a daytrade!
jy MY bet is the amrket will end up in green.
SteveP I'll take that bet !!
JQ chrysler it is common for a stock to halt during earnings anounment but that is usually after hours
JQ anouncement
chrysler JQ, in my RIMM & TASR experiences, both happened during the regular trading day. I don't remember the specifics any more but thankfully both worked in my favor when they resumed trading again.
JQ that can be alittle scary
chrysler That's why I'll never do more than 20% of my margin buying power in any 1 day-trade position as it could really throw my account for a loop against me!
chrysler The scary part is that you have no idea when the stock will resume trading so you don't dare leave the computer as (in my cases anyway) I was afraid what the results would be when it resumed.
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conanboxer Another sucker rally....
chrysler Great, I need another sugar fix!
Ken-ST Moderator: sorrry, had to step away for a ssec
chrysler Oh, not that kind of rally? lol
JQ wb
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Ken-ST Moderator: ty JQ
Ken-ST Moderator: wb slowmo
Ken-ST Moderator: any questions?
Ken-ST Moderator: yeah chrys it is not common for itnrday halts but it does happen
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Ken-ST Moderator: The most recent one I can remember was RMBS
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rdub yesterday i think EPL halted because of a pending merger r something
Ken-ST Moderator: yikes
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Scott-ST Moderator: well oh well oh well
Ken-ST Moderator: market near top end of recent range
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Cale JQ
Cale its my baby!!!
Cale she's on
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claudia bye everyone
jy o.k. market just turned green
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Cale just?
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Scott-ST Moderator: Hello Kimmron
kimmron hi Scott
stevie24 missed out on a good day
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Scott-ST Moderator: where ya been stevie?
Scott-ST Moderator: sleeaping in?
Scott-ST Moderator: hi sieno
Scott-ST Moderator: anyone have any Questions or Comments??
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Scott-ST Moderator: wb
the-Don anything out there Ken
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stevie24 I had to work
stevie24 work sucks
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Scott-ST Moderator: ah that work thing
Scott-ST Moderator: wb
the-Don damn comps
Scott-ST Moderator: yep its a hate love relationship
gman Ken, can u tell me more about autotrade. this sounds interesting.
Scott-ST Moderator Clear Throat
the-Don Ken u gonna get then all going about autotrade
the-Don loll
Ken-ST Moderator: haha
Ken-ST Moderator: Once we have something to offer, we will announce it here and in our weekly newsletter
gman how will it work
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Ken-ST Moderator: usually you sign up through the brokerage that offers it
Ken-ST Moderator: they trade your account for you
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davidber what a minute - you found a brokerage that will autotrade?
gman will harmon be doing it
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Ken-ST Moderator: Harmon will not be doing it
Ken-ST Moderator: We are communicating with a couple of them
gman ah ok, but hopefully they will be able accomodate traders with less than 25k
davidber this maybe one of those things that sounds good on paper but in reality maybe a bad idea - I can think of how I trade and the effect that I would have on thin stocks. I have not executed a lot of trades because my ENTRY would be close to 10% of the volume at the time.
Ken-ST Moderator: likely not gman, only Harmon accommodates that
davidber I run from those because I know it will be hard to get in and out
Ken-ST Moderator: It will not be cut and dry davidber
rdub Ken do u think it will require any adjustments to the strategy, i.e. ,,, more liquid stocks or multiple target levels, per david's point?
Ken-ST Moderator: but its up to the brokerage to figure that one out
gman ok, ty ken...guess i have to sell the farm then to qualify
Ken-ST Moderator: We will not adjust anything on our end
Ken-ST Moderator: dont do that gman
gman just kidding ken, maybe sell one of the horses only
Ken-ST Moderator: trading should be done with disposable income imo
Ken-ST Moderator: lol
the-Don damnnn nothing disposable no matter how much i got
gman true don, only disposable are losses
the-Don may have the wrong attitude about it
the-Don but i am here to make monry
the-Don and if i lose then i c it as my mistake
the-Don i try and learn from that and move on
Ken-ST Moderator: yup
Ken-ST Moderator: losses are truly a loss if you dont learn anything from it
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abdullah does it make sense to trade only one stock ..like for instance aapl or ge?
the-Don it depends on u
Ken-ST Moderator: it helps to be familiar with a stock
the-Don abdullah
Ken-ST Moderator: but your trading strategy would have to be just that
the-Don if u feel comfortable and get to know the stocl
the-Don but it will turn on at some point
Ken-ST Moderator: but whenver you think you have figured a stock out, it will show you otherwise
the-Don bite u in the ass
Ken-ST Moderator: it can be done, but its tough imo
the-Don i do good on CAL
the-Don watching her for 2 years
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Ken-ST Moderator: I like to rely on the basic fundamentals
the-Don but still she catches me out
Ken-ST Moderator: nothing is really predictable
rdub 2 years dude?
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the-Don ya about that
Ken-ST Moderator: except for mass human psychology
Ken-ST Moderator: I think you can rely on that
abdullah i guess if you trade only one you get to know the way the specialist handle this stock and this can be beneficial
rdub wow, thought it was just VLO
the-Don cal in background just watching
the-Don was seeing her on the side while dating with VLO
rdub lol
the-Don yes i know i shd be on cheaters
Cale Ken?
Cale what the hell is Doveish?
rdub were u wathing XAl/DOW als wel?
Cale or anyone
the-Don yes
Cale can someone explain DOVEISH??
the-Don not in the beghining
the-Don but as i grew to know CAL
the-Don other peoples input came in and therefore helped me more
the-Don and rdub also wd agree other indicators tht move that stock help a lot
the-Don i.e CAL XAL
rdub i had no idea you'd been on it for so long
the-Don aand DOW
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SteveP Doveish is a kind, slightly positive statement that doesn't rattle the markets
rdub something must have remained consistent about it for the duration
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the-Don VLO was primary in the begining but as oil markets got very volatile i koved away
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the-Don moved
Cale hummm ty SteveP
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the-Don while playing VLO it was just general watching CAL but thenit got more intense
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rdub ok ... and u also had a little affair with JBLU for a while I know
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the-Don yes used to have nice straight runs
the-Don and also AMR
SteveP Cale, keep in mind - there are dovish and hawkish statements, and in nature, doves are PREY and hawks are PREDITORS !
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the-Don brb
Cale k Don
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Cale I am a Hawk!!!
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gman ken, im sometimes having difficulty setting the stop and target pt after my order is executed, especially with fast moving stocks.
Ken-ST Moderator: gang we will not have any more trades on the day
Ken-ST Moderator Update!
Ken-ST Moderator: CANCEL ALL ALERTS
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Ken-ST Moderator: no sense in forcing anything out at this point
Cale okay all Canceled
Cale I have my shoe horn Ken
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Cale or a crowbar
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Cale will that work
Ken-ST Moderator: ll
Cale did I spell crowbar right?
Ken-ST Moderator: lol
Cale is it spelled someother way?
rdub Ken great job today ... and these were all catchlabe trades for the most part
Cale Krowbar
gman Ken,u know of a platform that automatically sets the stop and target after the initial order is executed?
Ken-ST Moderator: cool rdub
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stevie24 so you guys are going to havw auto trades?
Ken-ST Moderator: DAS gamn
Ken-ST Moderator: gman
Cale craiwbar
stevie24 Was that from my idea?
gman is that the platform for harmon?
Ken-ST Moderator: yeah Harmon uses DAS
stevie24 I will give you 100k if you give me back 130 in 6 months
SteveP Ken - Great job today! This was my 1st day w/ you guys. I assume this is a typical day, right? (Ha Ha)
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Ken-ST Moderator: lol SteveP
Ken-ST Moderator: ty
Ken-ST Moderator: good job today
gman I will check with clyde or david of harmon, ty ken
Cale thats okay I am used to you all ignoring me
Cale dont worry about me
Ken-ST Moderator: good to have you . welcome aboard
Scott-ST Moderator: lol whats wrong Cale?
Scott-ST Moderator: no one is ignoring you
Ken-ST Moderator: crowbar?
Ken-ST Moderator Update!
Ken-ST Moderator Update!
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Ken-ST Moderator: [b]EVERYONE HUG CALE[/b]
Cale lol
Cale ty ty ty
Cale ya crowbar the tool
Cale [b]Hugs Everyone back[/b]
Cale Thanks everyone I feel so much better
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Ken-ST Moderator: any questions gang?
the-Don wake me up at closing time
Cale lol me too
Cale Don anyone have earnings after hours
SteveP What are the initial stop/target % when initiating a trade?
the-Don ask rdbub he knows about those
the-Don i follow him on those
Ken-ST Moderator: we always suggest trader consider taking profits at 1% past their entry
Ken-ST Moderator: intial stops on Type B and C are the hod or lod
SteveP Sounds good, but didn't you say 1.5% stop when I asked earlier today? That would make the Risk/Reward backward - wouldn't it?
Ken-ST Moderator: Type A is 1.5% stop
stevie24 ken did I read that your comp. is going to set up an auto trade thing?
Ken-ST Moderator: in the process of it
SteveP If I'm following you, you set the Stop at 1.5% initially and then trail it down so that typically you get stopped out at 1% or less. Is this right?
stevie24 How will it work?
Ken-ST Moderator: Steve, I have always kept my stops on the looser side
Ken-ST Moderator: Our initial stops are loose, but we look to tighten
Ken-ST Moderator: The Type As are setup so that traders can set up and forget their trades as the start of the day
SteveP OK, I get the idea. Time to stop beating the dead horse. Thanks for the clarification!!!
Ken-ST Moderator: np
Ken-ST Moderator: good questions
the-Don whats with EBAY 2day
stevie24 so how might it work ken? just curious
Ken-ST Moderator: You will set that up with the brokerage that hanldes it
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jy Market just off new hod
stevie24 oh so itll be through a broker then to you to do the trades?
Ken-ST Moderator: I will not do the trades
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gman wats going on with sndk. spiking up
stevie24 so it wont be you guys comp.? Or will hmmmmmm
rdub Ken have you ever tried using parabolic SAR on the futures? ... it's a favorite indicator of theDon and mine on equities
Ken-ST Moderator: no it will be not
Ken-ST Moderator: have not looked into that
stevie24 I guess youll be telling us when it comes about?
Ken-ST Moderator: yes
stevie24 I dont think i opted for the newsa letter.hate email
Ken-ST Moderator: I am currently looking at a new indicator
Ken-ST Moderator: not to replace but to compliment
Ken-ST Moderator: the current ones I am using
stevie24 I think were in a bull market.What you guys think?
rdub nice
Ken-ST Moderator: we will be moving from WCA by next week
rdub SAR had some nice signals on today's chart in case you care to check it out
Ken-ST Moderator: Ill take a look at it
rdub (thanks to Don for reminding me to check)
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the-Don np
rdub have a new home picked out yet?
rdub ...to replace WCA?
Ken-ST Moderator: unfortunatley not for the auto trading
Ken-ST Moderator: We will find a better one for our subscribers
Ken-ST Moderator: lol, knowing that, I got extremely aggressive with my trading today.
rdub uh oh
Ken-ST Moderator: yeah and gave it up today
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rdub happens
Ken-ST Moderator: thats trading
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Ken-ST Moderator: any questions?
rdub i'm still unclear what the deal is currently for futures subscribers ...
rdub room not open?
rdub what else is there?
Ken-ST Moderator: the room is not open
Ken-ST Moderator: well since we are stopped the Futures auto trading. There is nothing until we get the room back open
rdub ok, gotcha
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Ken-ST Moderator: ok gang, heading out here
Ken-ST Moderator: have a great evening
Ken-ST Moderator: we will try to knock down a few winners tomorrow
Ken-ST Moderator: take care
Ken-ST Moderator: Have a great evening
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the-Don thanks ken
conanboxer Thanks.....take care
the-Don and scott
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