Entry comments: Buying this earnings winner on late afternoon dip after it got too ahead of itself earlier, multi-year breakout over 9 so limited downside, goal is to sell int he high 9s or low 10s tomorrow, not a volatile stock, kinda like VTNR which is also breaking out to 8.40 today but no news there...gotta buy earnings winner technical breakouts...already have longterm position, goal on this short-term position is far less to sell into a morning spike tomorrow
Exit comments: Now up to $10ish on the analyst upgrade & $12/share price target I LOVE it when a good trade comes together, this stuff is predctable guys, glad you saw it happen, could go more, but I'm taking my solid profit and leaving
| Date | Price | |
|---|---|---|
| Entry | 4/24/2014 | 9.29 |
| Exit | 4/25/2014 | 9.73 |
Tim I appriciate you wanting to teach and letting people in on video lessons and the like but while I am studing these lesson I need to prepare also for when I do start trading. Which video or videos are best to watch to learn how you set up your watch list and what scans you use to filter out the right stocks to trade? Thanks in advance.
I can highly recommend "Textbook Trading" by Nathan Michaud, it has all the stuff you need!
Thanks very much! I get right to it. As good as it is to hear what Tim played it's always too late to join in and ends up only being a lesson. That's ok but if I'm to find the right plays I need to set up my own scans and learn how to manipulate them to work the best for me, then I can play along with learning.
Hi guys Thought I would asked how people like TC 2000. I know it's a higher dollar charting service but it has such wonderful scans that can be changed and morphed to your liking. One draw back besides money would be that it doesn't have level 2 screens with it so one would have to get a level 2 screen to go along with it. Antbody know any good free real time level 2 screens or is there such a beast?
@RobertBrill01 I have learned nearly everything I know from "Generate Thousands" (an option book) and "Explosive Stock Trading" by Dr. Samir Elias. The books are very dense, with terrible graphs, but the information has helped me immensely. Best $100 I have ever spent...
@RobertBrill01 I am a big equity feed fan and this is one of the filters I use http://lambsofwallstreet.com/2014/04/24/equity-feed-breakouttopout-finder/ the Level 2 in Equity Feed is pretty neat as well you can see when market makers are raising and lowering the bid which I can't see on Etrade, but it's 20 extra a month. If you want to try a free month, use this link http://mbsy.co/shteezer/3895255 Before you do though make sure you have your broker(s) all set, etc. I am still learning EF..
Thanks for the info. Every little bit helps. Maybe i can return the favor one day
Very Nice Tim! I bought 2,500 shares VDSI @($9.34) few minutes after your alert. Still holding, Thank You Sir! :)
