Received 5 Karmas
Palmer
Palmer Feb 21, 17 6:30 AM

CARA liking that one also

WolfOfProfitLy
WolfOfProfitLy Feb 21, 17 11:00 AM

Hello @Turbobob I have recently been struggling on capturing profits and cutting losses intelligently. So, I would like to ask, what minute candles do you care about the most, in other words how do you determine when to sell or buy, since the stock is always moving up 5 cents then it goes down 10 cents, and then maybe it goes up 3 cents, and it seems choppy to me, so is there a certain minute interval you use to guide your trades? also what would be your best free up to date news source? Thanks

Turbobob
1
Turbobob Feb 21, 17 4:07 PM

Wolf - I trade using the 5 minute chart mostly or the 1 inute chart in the context of the 5 minute chart. But, I also watch level 2 closely. The charts gives me areas of support and resistance and direction. But level 2 gives me a better indication of when to buy or sell (if the chart indicates such an action). Free news? I suppose there are lots of them. But I am using stocks to trade for a monthly fee.

Join now or log in to leave a comment
Mafiatrading
Mafiatrading Nov 08, 16 11:12 PM

yes sir i do it day in and day out. Full time job and all. I bring a laptop with me and trade on my breaks and lunch. The hottest time in the market is the opening bell. I made 1k today on my 15 min break in 5 mins. I upload my trades on IG: Mafiatrading Twitter: Mafiatrading until tomorrow Mike Mafia

Scott_nowrealtrader
Scott_nowrealtrader Nov 09, 16 12:39 AM

you could also consider superman trades who teaches swing trading

ProtoTrader
ProtoTrader Nov 15, 16 8:00 PM

That's awesome to hear Mafiatrading! Thank you both for the input, I'll just have to keep studying and find a way.

TraderH
TraderH Nov 16, 16 3:46 PM

If you don't have time, then swing trade or invest. Sow your seeds and let it grow. If you want to day trade, then create a strict time schedule. Note you don't have to watch the screen all day. Rewatch Tim's lessons and note what times Tim trades. Like Scott_PaperTrader_legit said, you could do Superman too http://bit.ly/2fy1vFb

Join now or log in to leave a comment
Received 7 Karmas
Turbobob
Turbobob Nov 06, 16 7:25 PM

Mafia - Exactly, don't fight the tape. I have been far more short biased in my trading with SPX and NDX down 9 days in a row. Doesn;t matter to me if I sell first and buy later or buy first and sell later.

LivingLarge88
LivingLarge88 Nov 07, 16 1:02 PM

The SPY gapped up bouncing off the 200MA yet stocks are still not moving today :(

Turbobob
1
Turbobob Nov 07, 16 1:06 PM

It is all the big names that move first. It takes a while for it to filter down.

LivingLarge88
LivingLarge88 Nov 07, 16 1:23 PM

The weed stocks are back in action though!!!

Join now or log in to leave a comment
Page
of 1