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This is a good question on FTK. I am new to charts, but when I look at FTK there seem to be two possibilities. First, that it is nearing the end of its uptrend. Second, that it is about to breakthrough to some new highs. I suppose that a lot depends upon their earnings announcement on Thursday...

I held CMED and FTK over from friday. Both are up nicely for the day. I have a 3% stop on those. I just purchased my second round on SIGM. I purchased some around 10, because it looked good. It continues to look good so I purchased a second set. I was hoping this would hit volume today as it...

I'm in on FTK at my purchase price as well. I am still holding on CMED. I have a 5% trailing stop, so it did not quite get there for the day. I am also in on CALM. It was right under DU , but all the indicators were right, and its near the bottom of its long term chanel. So far it is up .2...

That's my father's favorite poem :)

TRCR up about a point for me. I've put a stop in to make sure I end up about half a point. Guess I am feeling nervous about a stock already up 25%.... Jamey

I'm still working on a good exit strategy for when a stock is doing this well. I'll be up, whatever the case, but are there some good indicators I should be looking at on my daily charts that can indicate NOW IS THE TIME. I know there's no sure thing, but I am still a beginner at Hershey trading...

Bought CMED as well. Only up a little for me, as I think I got in a little late. Only up 1% or so at this time for me. Waiting to see if it jumps again this afternoon ... Jamey

I bought it a little later than you. There was a bunch of good news out for them this morning. In addition, their daily chart indicators that I am using for Hershey trading are all very strong. I have about .30 profit right now. I think I'll put in my 5% trailing stop at this point. Jamey...

Angie, The Excel Spreadsheet macro I am using is supposed to scan the stocks to make sure they meet the criteria. However, I only check the ones that come up in the DU scan. Perhaps, in order to save time for now and concentrate on learning some more basics, I should go back to using...

Nothing to apologize for. If I have learned anything in the past month of reading these journals and Reminiscences of a Stock Operator it is that I know VERY LITTLE. I am surprised that I did not lose all my money in the 6 months before that. I count myself lucky that I broke even. In any...

Angie, I guess I wasn't clear. I understand what it means when a stock gaps up, I was wondering how it fits into the the whole scheme of deciding when to sell, if one does not chose to sell at 10%. Jamey P.S. As I reread that post, I really was pretty poor at explaining myself. Sorry...

Hello all, I was hoping I could get a few details on the following exit rule. I am a new at reading charts and was hoping to get a few pointers. My primary confusion is in how to read trendlines and how to tell if a stock has "gapped up." "4. Price Target Consider an exit when...

Hello all, I have been reading through Journals I and II for the past couple of weeks. I also have been doing some list culling and examining. Here's my basic process: 1) I download the EOD data and run it through nicepairs' cull_eod.xls file. 2) I then run that list (usually about 1000...

Hello all, We, the past couple of weeks have constituted the following. 1) Reading Reminiscence of a Stock Operator. This is a great book. 2) Reading through Spydertraders journals. So far I i think I understand the method relatively well. I do have one question, and maybe I should...

As I said, this is why I am just playing around now, and starting this journal. It's this kind of "simple" input that I need to hear. I shows me how little I know! I am looking forward to reading some of the books mentioned in other threads and knowing a little more before I make the...

Sorry if this is a stupid question, but being new to the site, I am not sure of the quickest way of finding these threads. I searched by his name and came up with a BUNCH of stuff. COuld you point me in the right direction? Jamey

Hello all, I am going to start a journal here. I have started to read others and noticed that many of them started with the same amount of knowledge I have; not much. So here we go. Current Life Situation: I am a 34 year old father of five. I am in school part-time and work full-time...

Hello all, I am new to this whole day trading thing, but I know enough to know that I can lose my shirt if I go into it without some know how. I was hoping for two things: 1) Some links on fundamentals. 2) If there exists such a thing , a software trading package which will help me...