Recent content by Jens

Sounds like a great idea guys. Maybe we can already plan something for this Friday. I know a nice place on 7th Street and Avenue C. It is called Zum Schneider - a German beer bar. Iam open to explore new things though. Even if we don't manage to get a big get togehter we might as well meet in a...

Hi Liam, this is not a question that can be answered fast. However I experienced that discipline is definitely the most important key to success combined with experience, patience, good risk management and a positive state of mind towards being successful. I think the following article on...

I can recommend MbTrading.com for Realtick. MB's customer service is just outstanding... the best I have ever seen. When I call customer service they usually pick up before I can even hear a ring. Realtick itself is certainly one of the most stable platforms even though others might have some...

if you only use the cash amount in your account, you are going to have no problems with margin calls etc. (except when a short position goes sharply against you). You are however still effected by the new daytrading rules, since your account will be a margin account. You need a margin account in...

Interesting...how are your stops compared to the potential gains? Regarding gaps I like to focus on so called "momentum gappers". I will only trade the stocks with the strongest gap and volume. Gaps down will not necessarily be bought. It all depends on the recent behavior of these gappers. I...

Hi, I can recommend Raven as well. You can try Raven 2 weeks for free, but you need to subscribe to Qcharts. They are currently working on a new version that works with esignal as well. If you have any questions on how to use Raven, feel free to contact me at jens@daytradingcoach.com or just...

sorry guys, the chart is shifted. I cant seem to adjust that in my charting platform. I always use 2 seperate charts when comparing in realtime. I posted that chart more to show the generall idea, that stocks follow the futures. Sorry again, Jens

a note to the dumpers...they actually work short as well. It depends on how the dumper pattern is "currently" acting. Yes, the basic pattern is long after the first bottom. This has been working all winter and spring this year. But over the whole summer it was much more profitable to short those...

sorry, forgot the link to the chart: daytradingcoach.com/images/Fut+amat.jpg

Hi, in general the Tier 1 stocks (bellwether stocks of the respective sector) will follow the future the best since they are the first ones to follow the respective future. Usually you can say that the future moves first, followed by the tier1 stocks, tier2 stocks etc. Very popular stocks to...