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Interesting - how many points did you use on either side of the open for this? Did you leave it the same as for your JPY trading? Thanks Suss

Ditto the above, pretty much word for word, except I have a 2% stop. I haven't been trading the beginner methods for anything like as long, so I don't yet have the confidence in the system that comes from seeing it perform over the long term. My response has been to cut back my size by an order...

I have two short questions for Spydertrader if he can find a minute. 1) I got hit twice today by stocks retracing namely CRNT and SIGM. Both were basically in conformance with the rules and SIGM was absolutely by the book (I bought at 100% LBDU volume etc). CRNT I thought was breaking out...

Wow. CALM on my dryup list today, went absolutely mad 20 minutes ago. Volume is strong, but the move and the volume both came post-11:30. The 30M chart suggested to me this morning that the share price was floating around the middle of the channel and thus didn't seem that interesting. It's now...

Well done - a great figure for such a nasty market. I'm down 2%. Part of that is the losses I have taken (some of which I would no doubt have avoided with more day trading experience). Part of it is that my DU lists just haven't generated many signals over the past couple of weeks. This might...

My dry-up list for today: BHS CKSW FMCN FTK JADE LPHI MTH NFI NGA SNDA SNHY VSR Basically it has been a poor week for me. I have been using the time to practise drawing channels and watching how the price unfolds in relation to them (or not) in real time. Suss

Certainly do... Only down 1% or so but more by luck than anything else. Last week of October wasn't much prettier. Suss

Thanks for these suggestions. As nothing tradable has appeared today it looks as if I will have plenty of reading time on my hands. Suss

On Tuesday I bought JASO at a price of 59.06 and held it overnight until Wednesday. If you were watching you will know that the stock gapped up sharply and continued to rise, briefly passing 62.50 before falling back. I was practising patience so I sat on my hands, watched and waited. The stock...

I only see a 2.9% gap on JASO? Still, I also hung around waiting and eventually got in late at 59.06. Matters were not helped by my trying to get in at around 58.70 and accidentally shorting (!) the stock when I hit the wrong button and before I could reverse it this lost me about $100 and of...

I also got a fill at 17.20 but decided to take only a half position due to the limited liquidity. I was in ARGN but got stopped out, now the stock is going ballistic again. Ho hum. Suss

Hehe... I papertrade the short side and do OK (NFI today at 4.67) but you have to be pretty agile. On a day like today it's pretty much all one can do but in a more normal market having to divert mental resources to the short side from the long side is not justified by the money I think I can...

No signals for me yesterday, looks like no signals today either the way things are going. Suss

I am a beginner like yourself, so I can't claim greater knowledge. I sometimes move in early even if the lower band of dry-up volume has not been hit, provided that the 30-minute MACD histogram and stochastics hit the levels needed. All I need is the confidence that the lower band of dry-up...

When I have exited a position I usually delete the stock from the list I am monitoring so that I don't get second thoughts. I just turn my mind away from it and think about something else. It seems to me that second thoughts come about partly from greed and partly from impatience. When I am...

Not entirely reassuring, but I thank you for the thought...

Whoops, rushed into BKI a little. My order bumped it over the resistance at 18.01 and so I got a pretty poor fill at 18.07 as everybody else then rushed into the stock. All planets aligned EXCEPT of course that it has yet to hit lower band DU. Currently volume about 57% of LBDU, so it's looking...

No, I had a look at it because of the volume but for some undefinable reason I just didn't feel comfortable with it. Then when volume did hit the lower band the other indicators weren't in alignment, at least on my screen. Although I could have taken a punt based on the (strong) likelihood of it...

Thanks Mark, much appreciate your sharing this, will have a play with it later. Suss

Good for you - I lost approx $1000 more than that on JSDA. In SMSI at 16.22 - looks like you nipped in ahead of me. Suss