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    Spydertrader's Jack Hershey Equities Trading Journal III

    Thanks for bringing ANGN to my attention. Its average volume is less than 200K and has a low float but other than that it is a star performer: <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1338253> One to watch for sure.
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    Simple Profitable Method

    Yes, I'd appreciate Jack addressing this issue in more detail too (see my first question to him in the post above). There is a grey area between having the signal confirmed and getting a price that will turn out to be profitable. What looks like a crossover may well end up on the wrong side of...
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    Simple Profitable Method

    I've answered my own question. Doing a quick and dirty estimate (see excel sheet attached) Jack's crossover method would have yielded between 25 and 145 (average 85) YM points in 14 actions on 16 Jan. The wide range is down to the trader's ability to get near to the best price in the bar...
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    Spydertrader's Jack Hershey Futures Trading Journal

    The most common action is Hold. I'm giving serious thought to moving to the 6 minute fractal. :p
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    Simple Profitable Method

    Jack, If the signal is the 50% crossover during the bar formation and you enter at the end of the bar that is the best price (assuming the opportunity presents itself) then the indicator will have flapped back to the other side of 50% at that time and you do not know if the bar will close with...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Hey gooch thanks for the comments. What this reinforces for me is the extra risk of trying to get in early on a move - the STEC reversal was brutal. From my analysis of daily charts a much safer approach is to wait for the daily stoch(14,3) to be rising strongly through the 75-80 band...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    ALY BITS COGO CRVL CTRN DTLK DXPE FTEK GIGM GMXR GROW GRRF HWCC IAAC ININ LQDT MIKR NVEC OMNI OMRI PCCC RATE RBAK REDF SIM SIRF STEC SYX XING RBAK should probably be removed (takeover pending).
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    does volume head price or price lead volume?

    So you like to react rather than anticipate. That's OK. It's probably more exciting that way.
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    Looking for someone dedicated to learn trading

    Congratulations, you are halfway there. Also check out Spydertrader's work (on this site). Why is it "gay" to want to improve yourself? :cool:
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    Asian Markets

    :confused: Let me get this straight: you find a broker that can do all the markets you are interested in at a reasonable, competitive price and performance point. You don't try them out but instead fret about whether there is a "better" alternative out there. Go on, knock yourself out and...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Maybe you have hit a home run - it will be interesting to see what it does at around the 21.75 level (if it gets there) - you may get the second BO that Jack refers to: http://www.elitetrader.com/vb/showthread.php?s=&postid=1332329#post1332329
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Nicely done, 5% in a day. As usual my chart for ININ shows ongoing, deep ambiguity. My short channel still holds but it is the long (green channel) that has been tested with a FBO, so I would continue to suspect the long: <img...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    TimDog prompted me to look at the volume he was seeing for BITS. It looks like the average volume displayed on QT is the 10D average until they switch to the fundamental data server and it then shows the 60D average. For Bits you see a jump from c. 70,000 to 150,000. I do not see this as...
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    Spydertrader's Jack Hershey Equities Trading Journal III

    I use that setup. I'd suggest looking at the QT market time and time-zone settings - but I guess QT support would have already checked that?
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    Spydertrader's Jack Hershey Equities Trading Journal III

    ININ looks horrible. Almost as bad as STEC. :D Good luck with it.
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Attached is my debrief on my STEC and XING paper-trades. Comments are welcome, especially on what to look out for next. (Please bear with me as I experiment with the best posting format.)
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Tight stop hit: 12.06
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    Spydertrader's Jack Hershey Futures Trading Journal

    I've used this link in the past: http://www.bluehost.com/cgi-bin/uftp/?domain=ftp@traderuniverse.info
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    Spydertrader's Jack Hershey Equities Trading Journal III

    Does this help? <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1330432>
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    Spydertrader's Jack Hershey Futures Trading Journal

    mephistoII I've been guilty of posting my breathless debriefs of sim trading on this thread. I apologise to all for that. On reflection I realised that I was not doing what was asked in this thread and went back to the syllabus. We are only looking at PV this month.* That is enough to be...
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