Palmer
Palmer - May 02, 15 1:12 PM

Getting inside the mind of a trader...
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MRP3
MRP3 May 03, 15 12:14 PM

Great stuff to hypothesize and reflect on. Maybe a good idea would be to try and develop a keen eye for the kinds of events shown in your article, and make it a habit to brace or scope for.

Palmer
Palmer May 03, 15 12:20 PM

Bingo...If you look back at some charts and see those big volume spikes in the opposite direction, they look to be blow-off tops or bottoms, trend changes, or pauses. They aren't necessarily an exact turning point but can be a warning sign of 'things might chage in the trend very soon'.

MRP3
MRP3 May 03, 15 12:27 PM

Yeah, probably one of the most reliable indicators out there! I feel like folks sometimes misuse the principle that "volume predicates price" in extending that out to daily volume (i.e. 10x avg volume => "we totez still goin up tomorrow!"). But yeah, I like your EXEL trade, as it definitely reflects the kinda stuff we're talking about here. Big selling volume + failed pivot = c yaaaa haha

MRP3
1
MRP3 May 03, 15 12:30 PM

A well founded and clean exit like that is about as good as a winning trade man. Good stuff

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Brains86
Brains86 - Apr 27, 15 2:18 PM

[TimAlerts] I think $AAPL should beat they have done the last 4 but still waaaaaay to expensive for me to trade still interesting to see how they play tho

MRP3
MRP3 - Apr 24, 15 10:35 AM

[TimAlerts] COCP breaking out like I thought :) got in early morning @1.095

MRP3
MRP3 - Apr 24, 15 9:08 AM

[TimAlerts] $JMP is such a great mid-market bank. If I weren't going for a trading strat, that'd be my biggest holding

MRP3
MRP3 - Apr 24, 15 8:09 AM

[TimAlerts] Hey guys, COCP may be in play these next couple days. Seems to get pumped every time insider buy news sinks in. Ya'll can check the last couple spikes and those were each due to insider buys. This one may be the largest by dollar value - over $3mill.

MRP3
MRP3 - Apr 21, 15 5:41 PM

[TimAlerts] I understand. I'm a little hesitant on its current valuation myself, but I figure since you're bullish on solar, their earnings are coming up. But niice. I'll have to give $MY a look see. Always see it referenced as in-play

Trade1mil
Trade1mil - Apr 21, 15 5:40 PM

[TimAlerts] I looked up $MY because I remember they said they were going to expand into solar.. And it's already up!!

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