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I'm on the 5th video in the NYSE seminar video series...all I can say is good stuff! I looked into ACD in the past and as any other newb would do, I tossed it away after glancing over a couple charts and trying to apply it. Now a year+ later, things actually make sense. The methodology helps...

Net PnL=+21 Market PnL=+47 LULU: Here's an example of Good news/Bad price action. Got sold in the beginning of the day and then recovered a bit towards the end but was still weak. KR: Was gun shy and missed some trades in the beginning of the day. Made some later, but was ultimately a...

Thanks I'll check it out

Any input or advise on the setups that I posted above^^^

Given my respect for my friend John(Mav), and the fact that he has pointed this out to me a few times. I will be looking for good news/bad action and vice versa trades. Didn't really know how I would trade them in the beginning, but I have a much better handle on that now. Will be looking for...

I don't know if I mentioned it in the previous post but I would be choosing my stocks after 9:00. I have noticed that the risers and fallers tend to settle down a bit after the first 30 minutes or so. I would also be filtering for relative volume and looking at the daily chart for key...

I did do some of that in the beginning, but probably overlooked it. I will look for some things tommorow. I have noticed that this little edge does work...plenty of examples today. The lure of all the "oppurtunity" in the stock universe tends to draw me away from the tried and true. I guess you...

Intraday price action in stocks...IMO can be very noisy. I have noticed this and have been looking for ways to get around this since I started. I was waiting to see if my current approach would pan out, but in the back of my mind I have been formulating other approaches to deal with shit in case...

Man...got clobbered today. Down 300+ Part of it had to do with a couple trades in OPEN that got way out of hand, but regardless I would it have been my most to date. Trading is really a rollercoaster ride...2 steps forward 1 step back or 2 steps back. Spinning wheels and the wheels fall...

You are right...always trade and never hope! Just frustrating as I thought I see the oppurtunity in front of me(the day) and I did not catch any of it. Wierd thing is I traded ok and should have made money. However I was shaken out of many things that eventually went in the intended direction...

How you been doing Kurt? Did you come out and recover following that bad day? Sucks that you can't post in your journal any more!

Marked PnL: -49 Net PnL: -80 Shares Traded= 7,400 DRI: Shorted this after the initial pop off of the open and a short into the close. ANR: Got caught on some longs initially, but tried again and caught an ok move. ANR as it was pulling back after the initial push. Got long near 32.5 and...

How about that jobs number tho? Price action past couple days in US equities looked like it was setting up for some selling. Looking at the market today...doesn't look like alot of good trading...gap and range/chop!

Sorry for the lack of updates the past two days. Not much to report and havent traded much. Volume was very light this week so kept things tight! I didn't trade today as I am visiting California for the labor day weekend! Couldn't get lighspeed to work -__-. Wish everyone a great labor...

No I wasn't joking/kidding...just wondering what you trade.

8/30/11 GROSS= -73 NET= -96 SHARES TRADED= 5,000 So today was a tough day for daytrading. Was in the hole 150 or so and made some trades into the close and made some back. DG: Was holding higher as the market took a dump earlier in the day. Good earnings beat and guidance. Bought...

What instrument do you focus on? Seems like you may be a champ of one! lol

8/29/11 Net P&L=+18 So really light volume day today...did grind higher into a strong trend day tho. didn't catch most of the move into the close as I made a commitment to scale back into the mid-day/close period and given the light volume today. Didn't catch very many good trades, but...

Hey Chris, Have you been trading as of late? Ironically I am looking at some of the same things you are albeit I give them different names. The way I have been viewing markets is either they are consolidating, Trending, or Reversing. Notice when something is consolidating, price can be...

Check this video out everyone. http://www.youtube.com/watch?v=HlMylf9__eg&NR=1 Its an old documentary from when Roy Jones was fighting John Ruiz. Roy Jones was the much smaller man and was outweighed by a significant margin. Here's Roy's trainer continually guiding him through the fight...