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    Spydertrader's Jack Hershey Equities Journal II

    Apologies for my error below: It should read: The pro-rata volume thresholds are LBDU by 10.30am, DU by 11.30am or FRV by EOD
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    Spydertrader's Jack Hershey Equities Journal II

    Hi Ulmer, I'm quote new at all of this also - so apologies in advance if I get something wrong here. The answers to the questions below are my own interpretation after reading both journals, so first and foremost, I would recommend reading both of them fully, before you start trading...
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    Spydertrader's Jack Hershey Equities Journal II

    JimBob, You might want to take a look at Spyders earlier response with respect to this site. I'd suggest sticking with Journal I and II. They have all the info you need. Cheers
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    Spydertrader's Jack Hershey Equities Journal II

    Entered into NEU as I missed the block trade at entry foible mentioned. Stopped out at a 2% loss. Entered JOBS, and it hit FRV, so I'll stay in for Monday's action. Sold my position in XING for a 5% gain when I saw some difficulty on the upside. I hope everyone elses week went well. And...
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    Spydertrader's Jack Hershey Equities Journal II

    Great news that your analysis highlights a possible extension beyond $12.75. For me, I will be very happy with an exit around this price. Would you see the current volume levels as low? I would have regarded them as quite healthy after the recent DU. On the daily chart, price and volume...
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    Spydertrader's Jack Hershey Equities Journal II

    Hi Spyder, On the desktop of the Camtasia video of 24th August, there is a pdf file titled "Spydertraders Jack Hershey....??" I have the Building Minds for Building Wealth pdf and Channels for Building Wealth, but not come across the pdf with the title of that stated above. Is this a...
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    Spydertrader's Jack Hershey Equities Journal II

    Hi Spyder, Ok, I think I am getting it. Previously I traded mechanically, and once again, my above post reflects that methodology, where one size has to fit all (I hear "Just Give Me The Formula" from your Camtasia video). Using some spin on an old analogy, I guess I am now trying to learn...
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    Spydertrader's Jack Hershey Equities Journal II

    Thanks for the informative information. I am following the rules within journal I fairly closely, so by those rules, I should be extending my stop from 2% to 5% from my entry for XING. I know the stop offset method is better, however I do not watch the market the entire day due to time...
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    Spydertrader's Jack Hershey Equities Journal II

    Last night was my first real trade - XING. Did anyone else take it up? LBDU was hit before 10:30am with price/MACD/STO all in acceptable ranges.
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    Spydertrader's Jack Hershey Equities Journal II

    Darn it, too late to edit the last post. Now I feel like I am spamming. I am sorry for the many messages, I am trying to see if I am getting these concepts.... The way I see CBEY, on the daily chart, is as a Bruno-R buy, and here's why.. 1. Price improvement; 2. MACD Positive and...
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    Spydertrader's Jack Hershey Equities Journal II

    This is not the original quote I was looking for, however it highlights that Spyder has been known to keep stocks o/nite that reach FRV and Peak the same day. I am sure Spyder talked about holding stocks that reached FRV and Peak on the same day, under the premise that the volume surge may...
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    Spydertrader's Jack Hershey Equities Journal II

    Thanks. Good to know my understanding of the concept is right. :D
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    Spydertrader's Jack Hershey Equities Journal II

    Paper traded BTUI @ $12.32. I hope others are riding this also, and perhaps making some real money..
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    Spydertrader's Jack Hershey Equities Journal II

    I have a question about the stop offset method. The trade I just made with CBEY was @ 24.24. According to Wealth Lab, my stop offset is 0.95. As I understand it, this 0.95 needs to be subtracted from the most recent low, which was 22.10. this would make the stop offset price 21.15, or...
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    Spydertrader's Jack Hershey Equities Journal II

    I saw the block trade foible, but thought it was worth the risk in a simulated account... :-). I got in at $24.24. We shall see....
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    Spydertrader's Jack Hershey Equities Journal II

    Excellent. I understood the reasoning behind the bell curve and that DU is not a single number. Just wasn't sure why the principles used in one script may not apply to another. As always, one is never left without answers on this forum. I hope everyone's week is profitable. Cheers...
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    Spydertrader's Jack Hershey Equities Journal II

    Opentrader, Of the DU stocks today that do not have a green background, each appear to have volume exceed the bottom horizontal line, which I believe is the Dryup. So I guess we are both asking the same question. Why are these symbols showing up as DU in one script, but not appearing as...
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    Spydertrader's Jack Hershey Equities Journal II

    I noticed that the chartscript "Hershey Equities Chartscript Version 4.1" does not always show charts that are in DU with a green background. For example, the DU script listed these symbols from my FU as being in DU for today: ANDE CBEY CHAP CMED DXPE EZPW GMXR IIIN ISE LMIA MGPI NEU OMNI...
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    Spydertrader's Jack Hershey Equities Journal II

    Thanks Spyder, I'm trying to refrain from asking a bunch of questions, as I am new'ish to this thread, and still working through the journals. Suprise Suprise, alot of my questions seem to keep getting answered as I progress with the reading... :) Irrespective of the methodology used...
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    Spydertrader's Jack Hershey Equities Journal II

    Purchased GROW @ $24.10 Paper.... :D
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