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********** Good Morning Everyone
********** Thursday March 1st, 2007
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MajomX gm
nm has entered DayTrading Chat
Scott-ST Moderator: gm Majom
nm gm all
kami has entered DayTrading Chat
Scott-ST Moderator: we will be keeping our eye on SWIR right now its gapped below our short trigger
kami gm
djg not sure i can trade today lots of severe weather maybe tornado might lose power
Scott-ST Moderator: gm kami
Scott-ST Moderator: djg, maybe you should go, quickly, and buy a lottory ticket :)
duke djg...where are you?
Ken-ST Moderator: gm Frank djg, pb, MajomX, Steve, nm, kami
duke same here in arkansas
dp has entered DayTrading Chat
djg st. louis
Scott-ST Moderator: gm dp
duke you have been hit hard up their this year
Cale no worries, djg. its just the stock storm coming
djg hope i don't lose power for another 5 days
duke that wiould be tough
bobby has entered DayTrading Chat
bobby gm guys
Ken-ST Moderator Update!
Scott-ST Moderator: Adding PBR
Ken-ST Moderator: ***********Market Assessment**********
Daily Chart: Below the 5 day EMA, Stochastics in downtrend
Hourly Chart: Downtrend with 20 EMA below the 50 EMA
5 min Chart: 5 min Chart: Downtrend with 20 EMA below the 50 EMA

Futures are down 18.00 points. Overall market bias is to the downside (if you haven’t already noticed). There is extreme volatility in the markets today. Be cautious with your trading gang. Do not force out any trades to chase the markets.
Scott-ST Moderator: Adding PBR
Ken-ST Moderator: gm dp, bobby
steve gm guys
duke djg...were in tornado watch now
tc has logged out
duke but so is most of south by the way it loks
Scott-ST Moderator: gm steve
Scott-ST Moderator: Start it rolling
dp gm
Ken-ST Moderator: Dont force out trades today gang
Ken-ST Moderator: just because the market is moving you dont have to make many trades.
Scott-ST Moderator: Lets get this party started
Ken-ST Moderator Update!
Ken-ST Moderator: Both Type As are not valid triggers
Ken-ST Moderator: we will move them to the Bs
Scott-ST Moderator: adding COGN
Cale how do you not love SNDK
Ken-ST Moderator: MS, GOOOG getting closer to 400
I am no longer a chicken (MS) Yes Thanks god I did not bet with you
Cale oh, did I miss a bet?
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 33.67
Ken-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 33.67
Ken-ST Moderator: Watching for Type B Short at new low of the day on BOBJ 33.67
I am no longer a chicken (MS) Ken I got filled on CRDN Short at 50.47 so it is valid, this is for SwingTrade 50.62 -.15 cents
Ken-ST Moderator: its not valid
Ken-ST Moderator: it gapped below the trigger
Ken-ST Moderator: about .30
Cale chicken, dude
Ken-ST Moderator: I would cover as it is not valid
Cale got to watch those gapps
Ken-ST Moderator: the reason why we cancel those is becuase of the possibiltiy of a reversal on the gap down
I am no longer a chicken (MS) OK I am out of CRDN made $120.00
Ken-ST Moderator: gj
duke Type A are no longer valid...correct?
Scott-ST Moderator: correct duke
A_O_N question : r u already short BOBJ or only watchig for nlod?
Ken-ST Moderator: just watching
Ken-ST Moderator: it is above the trigger
A_O_N oh ok, b/o isaw some numbers on the bottom line all of the sudden
Pontiff gang whats the news on cogn???
A_O_N BOBJ could also be a long over hod - right?
Scott-ST Moderator: could be AON but need a better pull back
gregory has entered DayTrading Chat
Scott-ST Moderator: gm gregory
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Short at new low of the day on GOOG 439.99
Ken-ST Moderator: Watching for Type B Short at new low of the day on GOOG 439.99
Ken-ST Moderator: Watching for Type B Short at new low of the day on GOOG 439.99
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BOBJ 34.88
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BOBJ 34.88
Ken-ST Moderator: Watching for Type B Buy at new high of the day on BOBJ 34.88
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator Update!
Ken-ST Moderator: gang, lets cancel that GOOG alert
Ken-ST Moderator: The daily chart is back into the p/d range
Ken-ST Moderator: becareful on the shorts here gang
I am no longer a chicken (MS) Cancel long or short? GOOG
Ken-ST Moderator: market making a stab above its 5 ema
Ken-ST Moderator: The long is cancelled MS
Ken-ST Moderator: to be on the safe side
duke tough market to trade in
Pontiff Ken did you hear bob pisani mention the crazy volume on the sp minis a little while ago???
Ken-ST Moderator: nope
Pontiff he said he would get into it in detail later in the show
Ken-ST Moderator: caution on the longs gang
Ken-ST Moderator: sorry on the shorts rateher
Ken-ST Moderator: the market is clearlly above its 5 ema
kima has entered DayTrading Chat
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator: Watching for Type B Buy at new high of the day on GOOG 444.48
Ken-ST Moderator: we will put goog long back up
Ken-ST Moderator Update!
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JOYG 42.40
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JOYG 42.40
Ken-ST Moderator: Watching for Type B Buy at new high of the day on JOYG 42.40
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JOYG 42.40
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JOYG 42.40
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JOYG 42.40
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy JOYG 42.40
Ken-ST Moderator Update!
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.60
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.60
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.60
A_O_N strange bid/ask prints in JOYG during alert
A_O_N in IB at least
Ken-ST Moderator: BOBJ approaching
Ken-ST Moderator: Nice exit in CRDN MS
I am no longer a chicken (MS) raise the stop on JOYG please
I am no longer a chicken (MS) let me check crdn
Ken-ST Moderator: We will stick to that stop,the only tighter stop i see is 42.19. But that is too tight imo
Ken-ST Moderator Update!
I am no longer a chicken (MS) OK
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PBR 87.92
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PBR 87.92
Ken-ST Moderator: Watching for Type B Buy at new high of the day on PBR 87.92
riley has logged out
Ken-ST Moderator: today's market is extremely volatile
Ken-ST Moderator: the wide stops will be inherent with that
Ken-ST Moderator: PBR is close
Ken-ST Moderator Update!
I am no longer a chicken (MS) I am glad I kept your stop at JOYG :) I did say I am no longer a chicken
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.74
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.74
Ken-ST Moderator: UPDATE: Moving stop on JOYG 41.74
Ken-ST Moderator: gj MS
Ken-ST Moderator: we did just tighten up the stop
Scott-ST Moderator: LOL
Ken-ST Moderator: that should make you breathe easier
I am no longer a chicken (MS) Ok Moved stop to 41.74
Ken-ST Moderator: .14
Ken-ST Moderator: lol
Cale you just cant get mad at them if it goes aginast ya now
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy BOBJ 34.88
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy BOBJ 34.88
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy BOBJ 34.88
rwalsh goog close
I am no longer a chicken (MS) My stop is 34.35 on BOBJ filled 34.89 710 shares
I am no longer a chicken (MS) is that correct?
Ken-ST Moderator: how did you get filled that high?
Ken-ST Moderator: i see 34.88 as the hod
frank scott looks like we missed the smsi long
I am no longer a chicken (MS) Hold on let me check
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.04
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.04
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.04
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in JOYG
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy GOOG 444.48
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy GOOG 444.48
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy GOOG 444.48
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Ken-ST Moderator Buy!
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR 87.92
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR 87.92
Ken-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR 87.92
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy PBR 87.92
Scott-ST Moderator: UPDATE: Moving stop on PBR 86.17
Scott-ST Moderator: UPDATE: Moving stop on PBR 86.17
Scott-ST Moderator: UPDATE: Moving stop on PBR 86.17
kami goog is already open right/
Ken-ST Moderator: Yes kami
kami ok
kami stop for it/
Ken-ST Moderator: 440.74
Scott-ST Moderator: UPDATE: Moving stop on GOOG 440.74
Scott-ST Moderator: UPDATE: Moving stop on GOOG 440.74
Scott-ST Moderator: UPDATE: Moving stop on GOOG 440.74
kami thanks
Scott-ST Moderator: UPDATE: Moving stop on GOOG 442.59
Scott-ST Moderator: UPDATE: Moving stop on GOOG 442.59
Scott-ST Moderator: UPDATE: Moving stop on GOOG 442.59
I am no longer a chicken (MS) Ken - when it is quieter I will give you a recap of my orders so we can review for learning purpose
A_O_N what is the recommended stratgy? trail a stop when a target is hit or cash out? right away?
Scott-ST Moderator: UPDATE: Moving stop on PBR 86.49
Scott-ST Moderator: UPDATE: Moving stop on PBR 86.49
Ken-ST Moderator: ok ty ms
bme347 has logged out
Ken-ST Moderator: We suggest traders take at least some off the table at their 1% target area
I am no longer a chicken (MS) BOBJ confirm stop @ 34.04 and also confirm Stop PBR @86.49
Scott-ST Moderator: UPDATE: Moving stop on PBR 87.13
Scott-ST Moderator: UPDATE: Moving stop on PBR 87.13
Scott-ST Moderator: UPDATE: Moving stop on PBR 87.13
Ken-ST Moderator Update!
Ken-ST Moderator: UPDATE: Moving stop on GOOG 444.11
Ken-ST Moderator: UPDATE: Moving stop on GOOG 444.11
Ken-ST Moderator: UPDATE: Moving stop on GOOG 444.11
I am no longer a chicken (MS) PBR Jumping 30 cents up and down
A_O_N it's a Brazilian stock, it likes to samba :)
Cale BOBJ is looking good
Ken-ST Moderator Update!
Scott-ST Moderator: UPDATE: Moving stop to entry GOOG
Scott-ST Moderator: UPDATE: Moving stop to entry GOOG
Ken-ST Moderator: UPDATE: Moving stop to entry GOOG
Ken-ST Moderator: UPDATE: Moving stop to entry GOOG
Ken-ST Moderator: UPDATE: Moving stop to entry GOOG
Ken-ST Moderator: Playing it tight
Ken-ST Moderator: it got within .5% to target
A_O_N COGN is making a move
Scott-ST Moderator: STOPPED Consider exit in PBR
Scott-ST Moderator: STOPPED Consider exit in PBR
Scott-ST Moderator: STOPPED Consider exit in PBR
I am no longer a chicken (MS) Got stop PBR
Scott-ST Moderator: COGN, filled the gap at this point
Ken-ST Moderator: man I despise listed stocks
Scott-ST Moderator: [img id=em-11]
frank i must hand it to you guys, you are very very good
Scott-ST Moderator: take care frank
Scott-ST Moderator: thanks so much Frank!
Scott-ST Moderator: we have our days
A_O_N COGN is already 139% avg vol - i guess b/c of ORCL and HYSL
frank anyone who can make money in this market is excellent
Scott-ST Moderator: lol
Cale go BOBJ go
Ken-ST Moderator: ty Frank, we appreciate that
A_O_N COGN starts t take off
Scott-ST Moderator: STOPPED Consider exit in BOBJ 34.66
Scott-ST Moderator: NO NO NO
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.66
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.66
Scott-ST Moderator: UPDATE: Moving stop on BOBJ 34.66
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator Profit!
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Ken-ST Moderator: 1% PROFIT HIT. Consider taking some profits in BOBJ
Cale GOOD JOB BOYS!!!! thanks~~~~
Scott-ST Moderator: good job Cale
A_O_N wtg!!! ty guys!!! u r great!!!
Scott-ST Moderator: UPDATE: Moving stop on GOOG 446.21
Scott-ST Moderator: UPDATE: Moving stop on GOOG 446.21
Scott-ST Moderator: UPDATE: Moving stop on GOOG 446.21
Ken-ST Moderator: ty AON, Cale
Scott-ST Moderator: UPDATE: Moving stop on GOOG 446.21 in the Money
Cale no thank you Ken!! :)
Scott-ST Moderator: CANCEL ALL TYPE B ALERTS until after lunch
Lippy Thanks guys for BOBJ Was in since 34.40 out at 35.20
I am no longer a chicken (MS) Hi Ken- My Trade Station strategy wraps your entry price 1 cent above and 1 cent below on a stop limit order via ARCA. My loss exits are stop market orders. My Profit exits are
Sent with a market order if priced touched.
JOYG your entry 42.40 I got filled 580 shares @ 42.40 exit filled @ 42.79
BOBJ your entry 34.88 I got filled 710 shares @ 34.88 exit filled @ 35.21
PBR your entry 87.92 I got filled 280 shares @ 87.93 exit filled @ 87.12
GOOG My entry was 439.99 and they completely skip my entry (This is one problem with stop limit entry – You are guaranteed a good filled but you might get skipped.
I am no longer a chicken (MS) For Swing Trade CRDN I got filled 500 shares @ 50.47 You advise to cancel I got out and filled @ 50.23 – That was the best advice of the year
Ken-ST Moderator: lol ms
Ken-ST Moderator: gj
Scott-ST Moderator: STOPPED Consider exit in GOOG in the Money
Scott-ST Moderator: STOPPED Consider exit in GOOG in the Money
Scott-ST Moderator: STOPPED Consider exit in GOOG in the Money
Scott-ST Moderator: STOPPED Consider exit in GOOG in the Money
Scott-ST Moderator: STOPPED Consider exit in GOOG in the Money
Cale good job Chicken little
I am no longer a chicken (MS) Thanks
Ken-ST Moderator: gang that GOOG stop was a conservative move. It is trading in the recent range, and the market is nearing overboubht
Ken-ST Moderator: we opted to move stop in the money tight
Scott-ST Moderator: good job MS
Scott-ST Moderator: very intresting morning
Scott-ST Moderator: markets filled their gaps
I am no longer a chicken (MS) This was hard work but very close to your performance records which I am interested to match as close as possible.
Scott-ST Moderator: now we just need to see where we go from here
I am no longer a chicken (MS) We go from here to make more money:)
Cale hey Chicken, thats all using TS?
Cale Jen, ya around?
Jen yup
I am no longer a chicken (MS) Yes Cale all via trade Station
MajomX Scott,if the market is overbought,than u expect aturnaround?
Scott-ST Moderator: BOBJ hod
Scott-ST Moderator: well hard to say from this point
Scott-ST Moderator: it will not take much to move the Stochastics back down
Cale Jen do you use the alerts on SSP?
MajomX so than u looking for shorts only?
Jen yes
Scott-ST Moderator: I would guess there will be come consolidation at this point
Cale can you use ARC for that?
Jen not following you
Cale the only Venue, that I can see is SmartEx
MajomX ok,thanks
Jen oh, you mean trade triggers?
Cale yes
Jen I use SSP audio alert only
Cale okay so you dont have it place the order then?
Jen used to use them but I always want to take a look at my situation before something triggers
seven7 has entered DayTrading Chat
Scott-ST Moderator: gm Seven
Cale right but on an exit, thats what i was looking for
seven7 good morning
I am no longer a chicken (MS) OK going for breakfast and a smoke well deserved
Jen no, I always decide where to exit based on how things are moving, where market is, etc.
Scott-ST Moderator: tc MS
Cale lol, Chicken
Cale thanks Jen
Cale Chicken
Jen yw
Cale give me a yell when you get back
Cale need to ask some TS questions
A_O_N BOBJ is gettig a upgrade (COGN got earlier)
pb Cale I use TS too, maybe I can try to answer your questions
Lippy Gotta go Thanks again Gang see you all tomorrow
Scott-ST Moderator: tc Lippy
Lippy has left the room
Cale was wondering about setting up triggers
pb shoot
Cale how easy it is to program
pb I use stop market orders for entry
Scott-ST Moderator: going to start Scanning for Type C's
pb so all I do is pick the symbol from the table and type the trigger value and hit sell short or buy
A_O_N IMCL takig hod
pb I use the same dollar amount for all trades on any given day so that is already typed in
emdee has entered DayTrading Chat
A_O_N wow JOYG!!!
pb once I see Ken/Scott's alert it may take me a couple of seconds to send the order
pb it is pretty easy
Cale pb I was looking to make things a bit more automatic
pb like how?
Cale sec, brb with my Q's need to get the door
Cale lol wrong house
Cale pb I want to set the entery and exit automaticly
Cale JEN is your ARCA down?
Jen no, don't think so
Scott-ST Moderator: BOBJ still running
Cale okay, cool
pb you mean send the orders for entry and exit at the same time
Cale yep
A_O_N PBR... I hate those MM's
Scott-ST Moderator: [img id=em-9] agree AON
Scott-ST Moderator: Markets taking out the HOD
A_O_N man, JOYG is $2 above sell
Scott-ST Moderator: very nice
pb Cale that is easy too, but you have to type all your entry and exit values
Cale you still in AON?
A_O_N nope :(
A_O_N I'm new here so didn't know what best to do
pb there may be an easier way to do it using easy language programming in TS but I don't use that
A_O_N tried o trail a stop on BOBJ though and got sucked out, after that it tok off
A_O_N guys, I wanna thak you for COGN. In 38.1 out 39.1
Scott-ST Moderator: the best thing to do AON is to take a few days and watch how it works
Scott-ST Moderator: and feel free to ask questions during the lunch our (which we are in now)
A_O_N cool thx, I already like a lot what i see here :)
Scott-ST Moderator: good
Cale welcome abord aon
A_O_N can I ask about specific stocks durig trading day?
A_O_N thx Cale
Scott-ST Moderator: sure
A_O_N ok, could u take a quick look at TZOO and SFNT plz?
A_O_N PBR arrrgggggggggggg :/
Ken-ST Moderator: what kind of timeframe?
A_O_N DT of course... sorry
Ken-ST Moderator: SFNT may be a play after lunch period
Ken-ST Moderator: TZOO in recent trading range and we would avoid
A_O_N TZOO is gone :( (planned to buy@34)
kami has logged out
A_O_N HLEX lookig good for a b/o >27?
Ken-ST Moderator: not during lunch period
A_O_N ok, goig to grab me a sandwich :) thx
Ken-ST Moderator: it has come a long way to the resistance area.
Scott-ST Moderator: it might work out but its not part of our strategy and not worth the risk for the reward
Ken-ST Moderator: we would stay away from the first break. wait for the consolidation then set the buy at the new hod
Ken-ST Moderator: have a good one aon
Scott-ST Moderator: any other Questions?
Ken-ST Moderator: Scanning for Type C shorts
frank ken, was smsi a long at hod @ 9.55am based on your strategy?
Scott-ST Moderator: yes, but there never was a good pull back after the open
A_O_N KSWS double to @ 29?
Scott-ST Moderator: we dont want to jump in on the 1st break out
A_O_N intraday i mean
frank ok thx
Scott-ST Moderator: what do you mean double?
Scott-ST Moderator: oh double TOP
I am no longer a chicken (MS) OK I am back, anything on type C? or Bupkiss again
Scott-ST Moderator: you said to
Scott-ST Moderator: bupkis
Scott-ST Moderator: but moving to a diff scan
I am no longer a chicken (MS) OK we wait
A_O_N oh, forgot the top, bummer
Scott-ST Moderator: yes double top but right in recent range?
pb MS, Cale had a question regarding programming orders in TS to execute entry and exit automatically
pb I use TS too but I don't use Easy Language programming for orders
I am no longer a chicken (MS) You need to talk to Ken or Scott for purchasing the programing Easy Language adapted for SwingTrade.com Daytarding
larry scott, why did we bail on smsi? didn't seem to have overhang. what a mover.
Scott-ST Moderator: the big red candle at the open was the 1st thing to watch...
Scott-ST Moderator: the as it took out that candle we needed a pull back
Scott-ST Moderator: and there wasnt on untill after we canceled for Lunch
Cale MS
I am no longer a chicken (MS) pb - send an e-mail to Scott or Ken and tell them you are interesting in the TS programing
Cale you created the auto enterys and exits in the TS language?
I am no longer a chicken (MS) Yes
Cale and its all automatic?
I am no longer a chicken (MS) Yes
I am no longer a chicken (MS) Just put the name of the stock in the chart and the entry price
Cale my platform has the same thing but it takes too long to configure the symbol
I am no longer a chicken (MS) I do it directly on the chart
Cale really
Scott-ST Moderator: Markets in a down momentum right now
I am no longer a chicken (MS) You even move the stop accordingly by draging a trend line set at the stop level
I am no longer a chicken (MS) Very user friendly
Cale what are their Fees?
Cale nm I can look on their website
I am no longer a chicken (MS) You talking about trade station fees?
Cale what about configureing to only take 1/2 at the 1% and the 2nd 1/2 at 3% with a trailing stop?
I am no longer a chicken (MS) I have not done that yet, but I am working on it
I am no longer a chicken (MS) Will be ready in two weeks
I am no longer a chicken (MS) Send me an e mail and I will give you my phone number and you can call me. Its much easier.
I am no longer a chicken (MS) Commissions at TS is very low 0.01 cents per shares, ARCA fees are 0.0004 per shares, the platform is free if you trade a minimum of 25000 shares per month.
Cale you have my email, dont you?
I am no longer a chicken (MS) NO
Cale caleman@gmail.com
Cale i need to see if TS has a demo
I am no longer a chicken (MS) I just sent you an e mail
gregory has logged out
I am no longer a chicken (MS) Cale TS is not an easy platform, it takes time to get use to it.
pb but once you get used to TS, it is very powerful
I am no longer a chicken (MS) That's for sure
pb the only drawback is it has a horrible shorts list
I am no longer a chicken (MS) today the list was 3952 stocks
I am no longer a chicken (MS) shorts
Cale ah, need the shorts
pb every time Ken sends an alert for a short trade I have a problem it
Cale was IMCL and SWIR on the list?
I am no longer a chicken (MS) They are working on this issue since so many people are complaining
I am no longer a chicken (MS) IMCL was ok but SWIR not available
pb IMCL was but I had to call for SWIR and even then they gave me only half of waht I requested
pb it is possible to call for type A's but impossible to call in time for type B's
I am no longer a chicken (MS) The list was very long three weeks ago. it was 5467 stocks
Cale cool, good to know
I am no longer a chicken (MS) Just by the list I have a feel where the market is heading
I am no longer a chicken (MS) I download the list every morning
I am no longer a chicken (MS) I am now down to 10 seconds for entering orders as they appear in the chat room
Ken-ST Moderator: nice
Cale thats good
I am no longer a chicken (MS) Took me two weeks to achieve that speed, but this morning I did all the trades and had time to spare
pb I don't use Easy Language but their templates for different kind of orders are pretty good too
I am no longer a chicken (MS) I take all the trades, that's why I am paying the monthly fee, Scott and Ken provide the set up and I execute
I am no longer a chicken (MS) If you can achieve 50% of Scott and Ken performances, you can make real good money, working one or two hours per day
I am no longer a chicken (MS) Maybe I talk too much :)
Cale yep, thats about what I do, or try to do. I like 50%
I am no longer a chicken (MS) Did you get my e-mail?
Cale yep, thanks
I am no longer a chicken (MS) OK going for a short smoke
Pontiff has logged out
Cale must be getting old MS, you did have my email addy
Cale you sent me one on the 12th of Feb
Ken-ST Moderator: brb
I am no longer a chicken (MS) Ken - I got your private message - thanks
Cale pb, ms, do you like TS?
Cale or thinking about switching away for any reason?
I am no longer a chicken (MS) I love it TS, I will train you on it if you have problems
pb I like it because it is easy to use and very powerful
A_O_N AAPL is amazing in this market
I am no longer a chicken (MS) I have been using TS for at least 10 years
pb but I really miss out on short trades often because they are not available
pb I don't plan to switch unless I find some with the same capability, less fees and easily available short's
I am no longer a chicken (MS) pb Let's be realistic. Do you know any brokers who have all the stocks to go shor?
pb I agree MS but TS is not in the top tier when it comes to availability of short's
Cale MS, Schwab seems to be good with Shorts
pb whenever I miss out on a short trade that makes profit it starts playing on my mind and I mess up the rest of the day
I am no longer a chicken (MS) I spoke to them last weel, I spoke to a top guy in management and he told me that it is one of their priority
Cale do they have good customer service?
I am no longer a chicken (MS) Shorts are not easy to get, they have to borrow them, and if a stock is heavily traded on the short side. and if no one wants to let them go, there is nothing they can do. Customer service is 100% Cale
I am no longer a chicken (MS) 24/7
I am no longer a chicken (MS) except on week end
pb like every call center it depends on the person answering the phone
pb if their attitude sucks the customer service sucks
Cale does TS have charge if you need to close a position via phone if you cant get on the Net?
I am no longer a chicken (MS) I have futures account equities accounts and forex accounts and I manage the accounts of 2 of my personal friends, I never had any problems. Cale they have a trading desk open 24/7 equities, forex and futures
pb no charge if it is infrequent due to emergencies
I am no longer a chicken (MS) No charge
Cale cool
I am no longer a chicken (MS) Even if the trade has a terrible filled they will do everything to cancel the trade, they have done this for me many times
A_O_N AAPL is that a short squeez or what? any news there?
I am no longer a chicken (MS) Cale, if I were you I would open a samll account and see if you like it for a month then make your final decision
Cale thats Ethels Stock
Scott-ST Moderator: nice move on AAPL
I am no longer a chicken (MS) straight lne going up on aapl
Cale i will do that MS< thanks for the help
Cale and thanks pb
I am no longer a chicken (MS) World markets are all showing red arrows....
pb np anytime
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Scott-ST Moderator: okay Gang, starting to roll out of lunch
Scott-ST Moderator: the markets are at the top of todays trading range
Scott-ST Moderator: just above the 5 20 and 50 ema on the 5 min chart
A_O_N HLEX hod 27.25
Scott-ST Moderator: looks good, needs a pull back
Scott-ST Moderator: we will add SFNT to watch
I am no longer a chicken (MS) I am ready
Ken-ST Moderator: HELX would still be in recent range
Ken-ST Moderator: at hod
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 15.11
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 15.11
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 15.11
I am no longer a chicken (MS) Done orders placed
Cale LOL
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I am no longer a chicken (MS) Senator Clinton - Do you like her?
Cale only if i was a male inturn
I am no longer a chicken (MS) lol
A_O_N hearing that RIO might be interested in AL
Ken-ST Moderator: AL surging
I am no longer a chicken (MS) CNBC They want to trade the VIX index now
Scott-ST Moderator: lol
Scott-ST Moderator: I think they will use what ever thay can make look good
I am no longer a chicken (MS) Ken I see a high on the 5 mnt chart S&P and NAQ at 11 35am and a lower high at 1:10pm, that would tell me there is a good chance we are going lower,
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Ken-ST Moderator: not necessarily ms
Ken-ST Moderator: we are in a sideways range current
Ken-ST Moderator: curretnly
I am no longer a chicken (MS) You are probably right
A_O_N SMSI near
Ken-ST Moderator: we may, or may not
I am no longer a chicken (MS) very near
Ken-ST Moderator: but My feeling is we may get a dip lower, then bounce
Ken-ST Moderator: the bottom in the market has been set on the day early this am
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SMSI 15.11
Ken-ST Moderator: imo
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SMSI 15.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SMSI 15.11
Scott-ST Moderator: TYPE B Trade (Gap). Consider Buy SMSI 15.11
I am no longer a chicken (MS) Filled 15510 shares @ 15.11 no slippage very good
I am no longer a chicken (MS) I meant 1510 shares
I am no longer a chicken (MS) My stop is @ 14.87
Scott-ST Moderator: UPDATE: Moving stop on SMSI 14.91
Scott-ST Moderator: UPDATE: Moving stop on SMSI 14.91
Scott-ST Moderator: going a little tighter
I am no longer a chicken (MS) Ok 14.91 stop
Scott-ST Moderator: UPDATE: Moving stop on SMSI 15.02
Scott-ST Moderator: UPDATE: Moving stop on SMSI 15.02
Scott-ST Moderator: UPDATE: Moving stop on SMSI 15.02
I am no longer a chicken (MS) Ok 15.02 changed
Scott-ST Moderator: keeping the stop tight
I am no longer a chicken (MS) My target is 15.26
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SMSI 14.96
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SMSI 14.96
Scott-ST Moderator: 1% PROFIT HIT. Consider taking some profits in SMSI 14.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 14.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 14.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 14.96
Scott-ST Moderator: Watching for Type B Buy at new high of the day on SMSI 14.96
Scott-ST Moderator: sorry gang
Ken-ST Moderator: UPDATE: Moving stop on SMSI 14.96
Ken-ST Moderator: UPDATE: Moving stop on SMSI 14.96
Ken-ST Moderator: UPDATE: Moving stop on SMSI 14.96
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Scott-ST Moderator: gm david
Scott-ST Moderator: the stop should be 14.96
A_O_N do not understand, lowering stop?
I am no longer a chicken (MS) You moved the stop down to 14.96?
I am no longer a chicken (MS) Scott please
Scott-ST Moderator: yes
Scott-ST Moderator: 02 was too tight
I am no longer a chicken (MS) OK
I am no longer a chicken (MS) OK 14.96
I am no longer a chicken (MS) You scared me Scott :)
Scott-ST Moderator: am sorry MS
Cale and Chicken Little doesnt scare easy
I am no longer a chicken (MS) I am old you know, can't take these electric super charge
Scott-ST Moderator: note the HOD, 1 penny below the target
I am no longer a chicken (MS) Yes but did not touched I am still in
I am no longer a chicken (MS) Am I the only one in this room in that trade?
jeramie i'm in MS
I am no longer a chicken (MS) Good anyone else?
Cale I missed it
Jen in
Cale good setup
duke yep
A_O_N i'm in MS
Cale might just get in right here
I am no longer a chicken (MS) What do you mean, you missed it?
Cale didnt get filled at the .11 this time
Scott-ST Moderator: almost there
I am no longer a chicken (MS) I lowered my target to 15.25 instead of .26
I am no longer a chicken (MS) 2 more cents
Scott-ST Moderator: good call MS
Ken-ST Moderator: MS if you are going to lower it i would suggest .24 instead
Ken-ST Moderator: every trader wants to get out at round numbers
Cale nice going Chicken Little
I am no longer a chicken (MS) OK just did
Ken-ST Moderator: that is why the .25 .50 .75 and 00 numbers are so popular
Jen I join the chicken ranks - out at .22, but I was in early too
Scott-ST Moderator: stay away from .00 .25 .50 and .75
Ken-ST Moderator: there are more orders there.
Scott-ST Moderator: lol ken
Scott-ST Moderator: good job Jen
Ken-ST Moderator: so you want ot get your orders just under that
Ken-ST Moderator: gj jen
Ken-ST Moderator: market stoch down
Jen I want you to know I was sleeping because I am sick today, but I heard the beep, beep, beep of the alert and I couldn't stand it, had to get up and trade!
I am no longer a chicken (MS) That is a miniature double top on the 1 minute chart
Scott-ST Moderator: now I feel bad Jen, am sorry
Ken-ST Moderator: lol jen
Jen no, don't! I love this stuff!
Scott-ST Moderator: brb
I am no longer a chicken (MS) Jen you got out already?
I am no longer a chicken (MS) Stop at 14.96
I am no longer a chicken (MS) I was greedy for 1 cent
I am no longer a chicken (MS) can't win them all
A_O_N bake shake
I am no longer a chicken (MS) Look at that now that I got stp
Jen get, out early. Always watch where the market makers are sitting and I often get out at an earlier price
I am no longer a chicken (MS) The chicken got baked
I am no longer a chicken (MS) Jen good for you
Jen you going to sign on tomorrow as the baked chicken?
I am no longer a chicken (MS) Where is Scott?
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Ken-ST Moderator is no longer a moderator
A_O_N out 15 on this bounce
I am no longer a chicken (MS) Did he go for a smoke
Jen the hourly chart of the nasdaq is quite interesting, 10 ema seems to be strong resistance both yesterday and today
Ken-ST Moderator has logged out
Jen I forget who the AAPL addict is but it's having quite a day today
I am no longer a chicken (MS) Yes I saw that - very strong
I am no longer a chicken (MS) We have no moderator- we can do what we want- :)
Jen Scott still signed on
I am no longer a chicken (MS) Not as a moderator, I think he went for a smoke:)
frank goog getting close to hod
Ken-ST Moderator has entered DayTrading Chat
Ken-ST Moderator has become a moderator
I am no longer a chicken (MS) Ken is back and Scott left without saying good bye:0
Ken-ST Moderator: sorry for some reason i got logged out
Ken-ST Moderator Update!
Ken-ST Moderator: STOPPED Consider exit in SMSI
Ken-ST Moderator: STOPPED Consider exit in SMSI
Ken-ST Moderator: STOPPED Consider exit in SMSI
Ken-ST Moderator: gnag the looser stop on SMSI if you wanted is 14.79
I am no longer a chicken (MS) Stop @ 14.96 Ken
A_O_N GOOG on the move
frank pbr close to hod
I am no longer a chicken (MS) Ken - SMSI as per instructions at 14:36 , the position closed at 14.96 stop
Ken-ST Moderator: yes
I am no longer a chicken (MS) OKK
A_O_N GOOG just printed nhod
A_O_N market is b/o
I am no longer a chicken (MS) Ok we are now in positive territory, what a swing from the opening, market is very resiliant
Ken-ST Moderator: well, had a nice retest of hte lows, now we are in countertredn mode imo
I am no longer a chicken (MS) Ken do you think we are most likely done for the day?
Ken-ST Moderator: scanning
I am no longer a chicken (MS) waiting
Ken-ST Moderator: Note how SMSI held its 20 ema on 5 min
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I am no longer a chicken (MS) OK I just made an executive decision - I am going to the barber shop. See you all tomorrow:)
Ken-ST Moderator: haha
Ken-ST Moderator: ok MS, ahve a good one
Ken-ST Moderator: take care
I am no longer a chicken (MS) Bye
I am no longer a chicken (MS) has left the room
Ken-ST Moderator: see you tomorrow
Ken-ST Moderator: Just the morning sessioin tomrrow gangies
Ken-ST Moderator: Market pulling off the highs
A_O_N SFNT hod
frank ken is sfnt a buy here?
Ken-ST Moderator: market is coming off the highs but lets take a look
Ken-ST Moderator: its on pullback after first break
A_O_N this p/b on the NAZ e-mini got a very bullish formation (and low vol)
Scott-ST Moderator: I am back
Ken-ST Moderator: lets keep eye on SFNT
Ken-ST Moderator: we will evaluate as it nears the hod
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Ken-ST Moderator: but it is a great exapmple of staying clear of the first break
A_O_N chicken, look at SMSI :(
Scott-ST Moderator: I think Chicken has left the coup
Scott-ST Moderator: coop
A_O_N such a volatile day... unpredictable
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Scott-ST Moderator: yep hard one to trade
Scott-ST Moderator: market has not really be trending today
Scott-ST Moderator: it has been trading in the same sideways range most of the day.
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Scott-ST Moderator: take care david
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Scott-ST Moderator: any Questions? Comments?
A_O_N r we done for today?
Scott-ST Moderator: I think so, just over an hour in the trading day
Scott-ST Moderator: there is'nt anything that really stands out
Scott-ST Moderator: doh, SMSI[img id=em-11]
Scott-ST Moderator: dont look ethel, i say dont look
A_O_N lol, yea
bobby Thanks guys see you
Ken-ST Moderator: today shows without a doubt what we have always said
Ken-ST Moderator: Stops are the most important part of any trading strategy
Ken-ST Moderator: it makes or breaks it
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Ken-ST Moderator: both our stops were due to tight stops
Ken-ST Moderator: they both eventually surged ahead for profit
Ken-ST Moderator: and it was stopped out by pennies on both
pb I learnt that the hard way before I joined ST
Ken-ST Moderator: ah, its all a part of experience
pb and even now sometimes when y'all are too aggresive in raising the stops I leave mine little loose
Ken-ST Moderator: believe it or not, to some extent you have to go through what not to do
pb I did not do that today because I had met my profit target and was managing my profits
frank i cant believe smsi
Scott-ST Moderator: one Hour Left in the trading day
A_O_N hey Ken, shouldn't we have re-purchased SMSI on break of hod after it came back?
A_O_N there was lot's of volume there on the break
larry cale, what's up with SNDK?
Cale had a good day
Cale but it will come back down
Ken-ST Moderator: it was a valid signal.
Ken-ST Moderator: but we normally dont double dip on a stop
Ken-ST Moderator: but that would be totally ok for you to
Ken-ST Moderator: if you want, just ask
Ken-ST Moderator: if you are familiar with the setups, you can see how it was valid. Good eye.
frank by double dip you mean trading the same stock twice?
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Scott-ST Moderator: we break the day into two
Scott-ST Moderator: before lunch and after lunch
Scott-ST Moderator: each session we will not go long or short more then one time
Scott-ST Moderator: we might go long then short in the morning session
Scott-ST Moderator: or we might go long in themorning session and then long again in the afternoon session
frank ok thx
Scott-ST Moderator: but we would not go long or short twice in the same session
frank scott, where do you guys trade from?
Ken-ST Moderator: Ok gang heading out here.
Ken-ST Moderator: Have a great evening
Scott-ST Moderator: take care Ken
Ken-ST Moderator: Take care
Scott-ST Moderator: you too
Ken-ST Moderator: see you all tomorrow
Ken-ST Moderator: see ya scott
Ken-ST Moderator: gang
Ken-ST Moderator is no longer a moderator
Ken-ST Moderator has logged out
frank gn
Scott-ST Moderator: *HUG* to your cat
Scott-ST Moderator: Ken is in Hawaii and I am in the Boston Area
frank wow
Scott-ST Moderator: SMSI Looking like profit taking
frank how long are you doing this together?
pb later guys, see y'all manana!
Scott-ST Moderator: take care pb
Scott-ST Moderator: CANCEL ALL ALERTS
pb has logged out
duke take care all...see ya tomorrow
duke has logged out
Mike22 tks scott. see you all tommorrow.
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Scott-ST Moderator: Night Gang
Scott-ST Moderator: I too am going to take off for the day
Scott-ST Moderator: good night have a wonderful evening
A_O_N bye
larry ciao