Search results

Thanks Zboy

I look for reversal pattern to trade for 3 to 4 days. In this mkt holding overnight in long positions has stopped this year. Look at TLGD; 27thMar High 29 Low 26.63 This price action has run from 15.63 to 28.13 It appears that these point are clear support resistance price points. And...

We have a good understanding where we're both coming from. Thanks for the reply.

I'm here.

Follow up. Yes, I agree that one needs to defend his company, and I agree that you, as a loyal follower, were right to notify WAXIE. But looking at the post chat rooms were pointing out, stops and entries on these calls, are not mentioned. This is within the introductory page leaving it...

Rock: Yes, I was there making profits, and yes I knew that WAXIE had a baby March 15th area. He warned us that he would be taking time off. I was there for a trial only, so was not their last week. Yes, I agree that a follower can make consistant money. I am not a follower, and believe...

I think its called "Rumor Control", and or "Spinning" as used with politics. More important than anything to some.

To anyone: When shorting a stock, in this case I'll use LRCX for an example, I identified it as a short last Friday night. I use a number system based on W.D. Gann, which may only matter to me here, but the number is 29.63 that I see it wanting to reverse off. In addition, confirmation of...

Waxie: Great to hear from a TV star. lol I hope you frequent this board often, but your probably very busy. I would like to hear trading methods here. Though I don't doubt that your clients make money, I do not want to fall into the lazy man's mode of a follower. Again, stop by once and...

Thanks Rtharp: They play reversals mostly, not breakouts. I use a combination of trend lines, and a variace of fib retracement percentages based on actual price points; Basically determining if the price action is due for a reversal. I recognize how far the price action has run, and how...

Also, I wanted to point out that Millinium Traders have a 3pt stop loss on everything they call, yet most of their calls turn positive. Its hard for me to ever hold if a stock goes 50 cents in the wrong direction. These calls have made 12pts plus all last week. This is without legging in or...

Rock: Do you observe these sites to learn how to pick these calls yourself? That would be my purpose of following a chat room. To learn consistancy on new strategies. How do you think Tiny picks his Focus lists? I would think it is the same as trying to pick a reversal pattern, and...

So, as I understand it, if I buy 25k worth of MSFT and sell the next morning for 30k, I can not include the 5k profit to trade that day. After selling MSFT, the Buying Power remains the same as the moment MSFT was bought, because a broker will not front profits. Sounds like this rule is...

Thanks!

Commisso: Hi, I have made a committment to trade full time, and would like to here your experience. I may be able to get some insight on change of lifestyle, or how to deal with stress at first. I started a construction business, and went through a lot of stress at first. Now I've...

Zboy: Do you have a limit to how much of the trading account balance to use on one trade? I have heard some no more than 25% but that may be for holding overnight for swing trading. Thanks, Jeffrey

I rented "Rogue Trader" based on a true story. I would recommend it to learn about floor trading. (Back room account)

Thread members: I am a new member who has just learned something, in addition to much from reading through these threads. Ok, now I understand why I should be careful about posting ticker symbols on this site. It is because in general, mentioning specific stocks could be misconstrued as...

Sorry Tell me what I did wrong, Please.

Here are some Nasdaq stocks with a simular pattern. BGEN, ALKS, MEDX, MRBA, RIMM, SEBL