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the reality is that these stocks are just 'darn good stocks'. when you combine high quality with high repeatability (20% cycles)...you have a knock out combo. I've come to believe that you actually have to TRY to screw this stuff up. as long as your entering somwhere in the 1-0-7 PV cycle...

i got in the NDAQ trade (between 10-10.30) at 39.96...however when the volume wasn't kicking in (by 11am) i sold out for a .3% loss. what's nice to see is even if i didn't get out (there wasn't a pressing need to, given the overall low volume of the descent), my stop offset would have kept...

if you're going to trade gap ups you will need to consider one more thing in addition to volume and price. and that is the news that generated the gap. that last assessment is a bit subjective however. Generally speaking gaps on 'significant' news will stay open...gaps on non-sig. will...

the reality is, the trades we are taking are running at a high money velocity....within a quality universe...within the natural cycle.... as such, the use of stop losses (as the majority makes use of them)...simply doesn't make sense. one of the benefits of entring only high money velocity...

no reason i could see to get rid of the GROW shares (if you held them). however, my own past experience is such that i want to bank a rapid large increase. when i saw my profit zoom up to about +5% within 15 minutes of my entry, i wanted out. (uber money velocity time) if i had bought...

was able to get some GROW action today. unfortunately i wanted to try easing into the position...didn't happen. she shot up there before i loaded up. i got off 100 shares under 15, had planned to buy up to 400 total by 11am. sold the shares for about a 4.5% gain and good job to the...

what i want to know is how jack can keep his equity streams half full at all times. as he says, rotating in and out once every couple days. from my perspective right now (the mental picture i have), the only downside i see is the many days without a decent candidate. In other words, my cash...

well the TRLG was a bummer (from the imminent earnings release standpoint). scaled out for a small loss. otherwise i'd have held the position with no problem. that's life.

took a position in TRLG today, closed reasonably and met FRV. some folks might not have it on their radars since it has 4 out of 5 cycles (by my observance). I'm away from home so my position is smaller than normal. irrespective of what happens tomorrow, it's nice to be making money...

perception isn't your strong suit, it looks like. My questions were intended to help you think things through. You don't wish to, however. Also, saying that "such and such is wrong/impossible/ etc" is useless without two follow up items. 1. the reason WHY it is wrong etc. 2. the solution...

why will his method "never make money in trading"? what is the "much information" you believe he is witholding? how does the method "churn"? and considering that you believe the above, how can you say "his basic methods are good"? since you admit that the basic methods are 'good', how...

i think it would be wise to consider what the volume is looking like when these pattern formations appear. not doing the above, you are effectively seeing in 2d as opposed to 3d since volume and price are the only 2 market variables that are observable. i would add, it is tempting to only...

to become UN-channel drawing challenged, it would be helpful to study how to draw channels... jack's postings and documents on futures channels will help with this. his suggestion of printing out 100 days of the 5 min ES and drawing all the channels and traverses (not omitting volume from...

i think it's interesting that in all of Jack's writings (as far as i've read), he doesn't discuss the above. It may be that it's simply not relevant to need to think in those terms anymore when you're dealing with 1. high quality universe 2. repeating stocks 3. knowledge of the PV cycle...

looking at ARD for tomorrow using stop losses as a money managment tool (a la the majority) is highly inefficient. You get taken out on the adverse spikes too easily. stops should be placed on the specific market's 'spikiness' within trends and at the end of trends. why? because that's...

trading this stuff on EOD basis for now... i have a buy stop in HANS @ 97.42 NWRE @ 25.93 we'll see what happens steve, the SCORE is what part of the PV cycle the stock is in... the RANK is the number you get from the 5 20% cycles in 6 months.

i think it was disingenuous (sp?) of him to allow anyone who could not demonstrate profitable trading skills to 'lead'. all that's really being generated in that chatroom is more pigs with a false sense of security/confidence...but then that's how the market works.

1. get a quality universe of stocks sorted (long only, KiSS for now) 2. check for repeated high money velocity cycles in your sorted list 3. of those that pass 1 and 2, be ready to enter stocks that are or have just started another cycle. you can do all the above on an EOD basis you have...

(i have not looked at BOOM specifically) however, RANK is virtually number 1 priority. It's arrived at by measuring the repeatability AND the money velocity. It is not some arbitrary number. without decent ranks, your stocks are by definition non-performers (although they may be...

thanks tx, i've read that over many many times, but every time i read it something bothers me. if FEELS like i'm not understanding what he's saying. the way i've been doing it is, example: rocket entry short (fast pace obviously)...place stop two bars back at the bar high plus a tick...