Huby,
thank you, it perfectly clarifies your thoughts.
Two things I have to say on this.
First, as Turok noticed, it's really different in day trading room and position/swing trading room. The very nature of longer timeframe leaves plenty of time to define the play in most (if not all) of possible variations of it's development. It would be a shame (IMO) for those running swingtrading room not to go over details. It might be possible or not in faster daytrading environment, and this is exactly the reason why we put setups description for both members and trialers and more detailed course for members. The idea is, to give traders all the scenarios and recipes for reaction in advance, and only define the setup and trigger/stop points, so we would comment deeper if the play allows it or trader would know what to do if events are too fast to comment in time. Example of slowly developing play that allowed full comments, with even some trading philosophy and psychology elements included can be found at
http://www.realitytrader.com/video-tr.htm. It's 2-parts video, over 30 minutes long, you can see Level 2 in the right half and comments by me and members in the left part. If I remember correct, we had even time for some humor
That was very typical example of the play that was triggered by certain setup and exited by pure tape reading.
Second, on your comment about manner of calling "vrsn looks like it's breaking out, above 40 looks like a long to me". I can see what you mean, and you are right, this is how we do it often (not always). Well, we are educational service with emphasis on teaching to think, to see and react. Sometimes we just share our "train of thoughts" not making it firm point to make distinctively "official call". Really, I believe this kind of discussion must have place if you really care about education. I have never been long for rooms that were all about calls and calls only. BTW, that's also a reason why we don't keep performance track(although our TA room does). Stops are easy to account for, but how do you HONESTLY track performance when scalpers take their 25 cents, holders sell half and trail stop, then some of them sell another half and some sell 1/4, and some even take last portion overnight?
Best regards,
Vadym
