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Wow! Three months without a single losing trade? I've never known a trader who never takes a loss. Congrats on that fantastic accomplishment. With compounding, you should have the financial freedom to retire very soon. When I attended grade school, the 2nd grade girls used to run around the...

If your analysis suggests a stock (or several stocks) should move lower in price (or not at all), and those particular stocks gap and run in the opposite direction, then I suggest it does count. No you didn't. I have quoted you directly. Perhaps, you could provide more clarity in future...

Ameriprise Financial is a Division of American Express. - Spydertrader

Let's review the quality of your 'analysis' posted yesterday. O.K. You start out strong accurately predicting NGPS would fail to go up. (Score +1) Maybe? Ooops. Our highest ranked Dry Up Stock today gapped up and continued to run. (Score: -1) Ouch. Another gapper which traded within...

As one who often recommends to other traders to review my Original Journal, I decided to take my own advice and review the previous OO Threads. I spent much of Friday, Saturday & Sunday reviewing each of the old "Opening Journals" including the current one here. Reading the entire body of work...

Just an observation for those individuals who may have missed it: As of the typing of this post, The Dow has lost 140 points since its morning High on the Friday After Thanksgiving. In addition, The Dow remains down around 60 points today. At the same time however, our system continues to...

Many traders already had BOOM in their holdings due to a buy signal generation last week. However, assuming you only began monitoring The Hershey Equities today, then yes, avoiding large gap open stocks reduces one's overall risk (At least according to my own personal experiences trading these...

Plenty of liquidity with IRIS. Level II currently shows numerous trades in the 800 to 1000 lot range. As long as you didn't want to jump in with a 10,000 share block trade, IRIS's Average Daily volume of 215,000 should provide you with plenty of opportunities to enter or exit smoothly. -...

With the addition of NGPS, I too have the same List of stocks to monitor on Monday. - Spydertrader

For those individuals who regularly check the news each morning with respect to Final Universe Stocks, I have created a simple URL for checking all the symbols at one time. Using Yahoo Finance, simply add or subtract symbols as needed from the address bar by adding "+WMT" (as an example) to the...

Click the attached image, then highglight the URL. Instead of the tags use But remove the spaces after the <, = and > symbols. For additional detail click the quote icon underneath my inline image. - Spydertrader

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=914015>

Perhaps, you should provide additional clarification on your position. Based on your previous contributions to this thread and others, I'm certain you did not intend to characterize the contributors to this thread as "desperate losers." Nor do I think by posting here you intended to include...

Welcome to the discussion, and I look forward to your future contributions to the thread. After reading through the Original Journal, you no doubt have experienced the benefit of internalizing the information compiled within the many pages. Believe it or not, I have reviewed the entire Journal...

Over the years, experience has shown me that of all the culling parameters, cycling ranks as the most important. Once I profitably trade an equity, I only remove it from The Final Universe for Failure to Maintain Rank. The idea behind this Rule stems from "If I can profitably trade an equity...

NFLX and NGPS I have for tomorrow. As a result of very few Dry Up Stocks, I also plan to watch KNDL, BOOM, FORD, IRIS and NFLX to see if they might present a nice trading opportunity. Good Trading to all. - Spydertrader

When price rises on low volume, it can often reverse in a hurry leaving everyone running for the exits. KNDL provided several examples of such price action throughout the trading day. Unfortunately, the same low volume which caused the risk of reversal increase in the first place, contributes to...

I double checked the numbers. The above posted screenshot used Scottrade data (a backup data source). After switching data providers, my QCharts data (which I use everyday) also showed similar numbers to what you folks had in Tradestation. Actual Volume did exceed Low Band Dry Up Volume at 11:31...

Other traders have posted similar experiences when trying to interpret Jack's writings. He can definitely be a tough read. A few individuals have suggested they found it easier to read Jack after having reviewed my translations. After absorbing the information from the Original Journal, they...

I never traded prop. I worked in the Pharmaceutical Sales industry for years before moving to full time trader. One of the hurdles I needed to overcome resulted from my family having me around the house all the time. To them, having me around meant full time access. After all, trading isn't...