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Turbobob
Turbobob Mar 26, 17 11:16 AM

I look the largest % gainers using Interactive Brokers in house screen, same with Sure Trader. I also use finviz. With STT, first thing in the morning I have volume set for 10,000 on stocks priced between $1 and $20 and an 8% move. When the market opens I change the volume parameter to 500,000 and then 1,000,000.

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Received 21 Karmas
MidnightTrader
2
MidnightTrader Mar 14, 17 9:07 PM

Thanks Bob. Another very clear explanation just like TG. As they say, trading is 20% technical analysis and 80% psychological. Being a black/white personality type I have found it very hard to pull the trigger on long positions. I am hopeful your watch lists where you set price targets will give me that extra bit of confidence to pull the trigger on long positions.

Turbobob
Turbobob Mar 14, 17 9:26 PM

It is just a ratio that is found by dividing the reported short interest by the 100 day average volume. If only shorts were buying and the all covered that is how many days it would take them to cover. A number less than 5 probably won't have much influence. 5-10 and a catalyst should add momentum to the move. Greater than 10 and a catalyst - let the fireworks begin!

Turbobob
Turbobob Mar 14, 17 9:28 PM

Kenji - Yes, but that and the soft makrets made me more quicker to sell. Except for the last piece which I had taken most of the risk out so I let it run.

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Gibran
Gibran Jan 31, 16 6:21 PM

You should teach a thing or two to my future GF , ahahah , keep it going!

Josh_Melnick
Josh_Melnick Feb 05, 16 8:19 PM

Jane, what are you using for papertrading?

fsubrandon
fsubrandon May 24, 16 12:03 PM

Keep up the good work @AirplaneJane I just joined yesterday. Hopefully will follow in your footsteps :)

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jamesorman
jamesorman Jan 29, 16 8:13 PM

TMST was up on earnings. Always check the news on yahoo finance.

TraderH
TraderH Jan 30, 16 6:31 AM

Just take it slow. It's like riding a bike for the first time. The more you trade, the more confidence you'll build up. You have to control the emotions and be focused. If you're an emotional person and feel in the long run that you don't like jumping out of airplanes, then you'll have to move on and do something else. Everyone is different.

AliasDayTrader
AliasDayTrader Jan 30, 16 7:44 AM

I had the same problem with $AMDA..missed my 2.14 entry because I froze when I saw it spiking so much.

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