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I don't like mcld cause it just isn't oversold enough. If it dropped to like 3 or 4 in the next day or 2, i'd be very interested. On fsh (and I hope you all played), I unfortunately had 6500 from 25.2 avg. On the open I took 3k more at 24. When It proved itself, I took a few more k at around...

No triggers. Way too much math. Just watch the specialist. It was obvious that aol was buying. Also it coincided with the futs making a hod. It had made a triangle under 50 intraday so that was the obvious move. I sold cause the futs didn't power through once they made that hod. I figured the...

This pattern is just too juicy. I still think we can get 28 on fsh. I added another 4500 at around .2 this morning. It hurts to be down 6k on the open. But I can suck it up. As a function of discipline, I sold a few at .9 when it went back up there. I will readd lower if it does trade down. I...

DG is down on accounting irregularities. I'd be very scared that there is more bad news down the road. Dg is also not oversold like the pattern. Instead it is a volume gap down. Whichever way this pennant resolves is the way it goes. I wouldn't bother trading it though. I just found out that fsh...

Im still long all 6500. I haven't gotten one of these wrong that I posted, so I'm due to shoot myself in the foot. But I think 10 pts in 5 trading sessions is too much. It did about 40X the daily volume today too (though I was 11k shares). I think the selloff is based on the earnings report that...

Understand that I'm very long this, but im pretty confident as well on FSH. I don't know if there's news or anything. But im calling bottom here at 25. IM long 6500 at 25.15 avg. I hope this isn't too thin. Baron if you think something like this is, just tell me? I think it's bottom though...

It was an ideal one of these plays. I played it. My usual 10k at just over 4. As always I sold all by 4.6. I made about 3500 avg. I think the move is over now.

cybertrader

spikes with massive volume at the end basically

Im trying to work on a "reverse" of this pattern. Basically to the short side. If anyone wants to work with me on this, please im me at hkuppy on aim. For our first, "trial" I'm gonna use tvly. I just noticed this, and am gonna short tomorrow I think cause no one is filling me now afterhours on...

This chart is basically off the 3 mo. chart. Exact timing isn't that important really cause you're looking for a large move. I don't use any fancy stochistics or other math stuff. Just price and volume bars. When the volume peaks, then you buy, stop under the low of the volume bar. Since I...

Baron, It means that for a 2 minute period, you can do as many trades in that stock in the same direction for 1 ticket price. So you can buy 2k csco, buy another 2k up .02. then sell them all up a dime, and then buy another 2k when it retraces a nickle, and sell that again. If it's all done in...

I didn't like that they didn't offer a cap on commish. Echo caps at 25 a ticket, and I do a lot of 3-5k trades, so it would cost me more for those. Their rate per share was also a bit higher even though I do 2mil +/- a month (though the number seems to go up a few 100k each month). I think echo...

Since you used the 50 increment, I'll give you an example of the last breakout I played, cause It was at 50. Look at aol. You see that pennant at 50. On thurs, I thought it was gonna break over the pennant really early. I took 4k on island at 49.98. I waited. He tried to shake it by printing at...

#1 reason I'm gonna switch brokers to a per share one.

No set number. Wolf is an excellent trader. Most of the ones I olay or at least post here are down 70+%. But you can play others. Look at imph. I caught a 4 pt move on that one, only a few hundred shares though. Scaling out on teh way up. That's the type I really play. But it's harder to call...

Interesting point there on the stlw. I traded that today as it looked like it was retracing the gap. Guess it wasn't. Chartwise, this isn't the pattern. Gaps down don't work unless they are blowoff gap downs. This doesn't look like one. By the way, I finally bailed on that autn I bought a few...

THe only true way to play breakouts is to anticipate them and buy beforehand. You want to be selling to the morons who still think breakout strategies work and will buy the breakout. Only 1 in 5 breakouts are real. The rest just retrace back to congestion. I'd rather be there selling and scaling...

IM a point and clicker, but im 95% made up my mind to switch to echo. I talked to a Mr. Keller, and he really sold me the whole platform.

For the money you'll waste on any course, you are better off learning the real way. Loose a few k trading 100 share lots for a few months. That's the only real way to learn what you are doin. Buy a few books, find a style you like. Then get really good at it. You have to do it in real time...