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kroyrunner
kroyrunner Mar 08, 16 7:33 PM

@PatrickST this is far more than normal for me, i struggled with it myself haha. multiple screens help!

kroyrunner
kroyrunner Mar 08, 16 7:35 PM

@Alohatrader i really don't treat them much differently at all, just kind of try to keep an eye on the top runners in general and get an overall feel of how strong/weak the sector is

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emmanuel1991
emmanuel1991 Feb 10, 16 10:40 PM

*You can probably tell i am brand new to trading but i have been studying your material day in and day out :p

kroyrunner
kroyrunner Feb 11, 16 12:37 AM

@killaD i don't think about how it relates to shares outstanding, just care what the float is and i guess i'd loosely say under 10 mil is what i consider low

kroyrunner
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kroyrunner Feb 11, 16 12:39 AM

@emmanuel1991 those are absolutely all options, the key now is going into tomorrow with a plan for each scenario! maybe i try shorting resistance and have to take a loss. well, then i'd probably be thinking about buying the breakout next! or if i short a gap down with r/g risk, if i have to stop out, maybe i let it squeeze a little more and then restart short with 3.50 risk now. every day i have multiple plans and i just let the action guide me

emmanuel1991
emmanuel1991 Feb 11, 16 9:57 AM

Hey Tim, thank you so much for your advice. In the end i decided to go with the "Short into bounces" play however ELMD's volume was pathetic and that one of ur major rules. So sat on my hands for this one

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emmanuel1991

@kroyrunner Hi Tim, I have been grinding through your "trading tickers" dvd and just got finished "buying otc breakouts" chapter. I went searching the markets and found $LODE which replicates alot of your patterns used in your examples. What is your view on this stock?

emmanuel1991
emmanuel1991 Feb 06, 16 8:03 PM

Although it has low volume, it has had previous spikes. Your thoughts would be appreciated?

kroyrunner
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kroyrunner Feb 07, 16 10:46 AM

@emmanuel1991 yeah i hate the volume, but also, even though it broke past the .45 area there's still plenty of resistance points overhead that could easily hold it down. It's not up enough off its lows for me to short, and it certainly isn't a clean enough breakout for me to want to buy

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chifo
chifo Feb 01, 16 5:18 PM

Did you not add CIG b/c volume isn't above avg and SID b/c of range? Why didn't you add MGI?

emmanuel1991
emmanuel1991 Feb 01, 16 6:27 PM

Hi tim, i have just finished disc one of ur dvd and i can see exactly why these stocks are on ur watchlist. Thank you soo much for your wisdom, i am learning alot!!!!!

Stockspicker
Stockspicker Feb 01, 16 7:53 PM

Thanks for taking the time to do this!

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