Received 3 Karmas
alealvarez
1
alealvarez Mar 16, 17 10:10 PM

Great video, thanks Arick!

mv0007
mv0007 Mar 19, 17 12:33 PM

Hi Arick, when you enter a trade at the 1st green candle making high, do you put a stop loss for the bottom of previous red candle or is it only a mental stop to moving average? Thanks a lot in advance. You are very helpful for new traders. May god bless you.

Arussell125
Arussell125 Mar 19, 17 1:33 PM

Mental stop but i have the order ready to go

Join now or log in to leave a comment
Received 5 Karmas
YawnAlot
YawnAlot Jun 22, 16 1:39 PM

Haha right? i got burned bad like that, all my trades from suretrader say my winn/loss b.c. (before commissions) and i think it was mostly my fault too for overtrading. Im saving up fro interactive brokers. I also use Robinhood which is commisson free. I havent had any problems with anything really, the set up is fast, within minutes youll be setup and be trading today. i use it for my small account because as Tim mentions, out since there is no commissions, i think more people than not will use

YawnAlot
YawnAlot Jun 22, 16 1:40 PM

it as an excuse to trade when they shouldnt, like i did at first lol

mv0007
mv0007 Jun 22, 16 1:48 PM

Thanks Tim for the link...I will move to IB & ETrade too

mv0007
mv0007 Jun 22, 16 1:53 PM

Yes @MadMan79, agreed better to follow PDT with 2 brokers to allow max of 6 trades per week than overtrade and pay those useless commissions with PDT free brokers!! Lesson learnt the hard way!

Join now or log in to leave a comment
Received 3 Karmas
cwood
1
cwood Nov 03, 15 2:43 PM

@kaush88 I haven't looked into that, but it sounds like a good enough idea. I'd say collect as many chart examples as you can for the setups you're looking for, then examine the data. algorithms can't see the chart patterns, only the data, so you have to be specific in what you're looking for if you want a program to do the work for you.

Join now or log in to leave a comment
Received 1 Karma
mv0007
mv0007 Oct 31, 15 8:37 AM

@osirustwits - thanks...I did think it was some sort of manipulation on broker end!

mv0007
mv0007 Oct 31, 15 8:41 AM

@Volition - nope, because before getting logged off, i've seen some other messages like operation couldn't be completed (something like that) - well, if i'm trying to get out of get me out...normally it would send the order with 'triggered' operation even if it's unable to execute...but not when it short squeezes. Its funny why force log out on short squeezes!!

osirustwits
osirustwits Oct 31, 15 12:39 PM

@ormtrade01 you must read the posts. Everyone is saying don't touch suretrader with a 10 foot pole unless you want to lose money. Even Sykes has said over an over the issues lately. If you can't do the research on the broker you will get killed on researching on the stock.

osirustwits
osirustwits Oct 31, 15 1:22 PM

@ormtrade01 follow me on twitter and dm/private message me and I can discuss this further and try to help you as I am on my way to work

Join now or log in to leave a comment
mv0007

@Rieumont - can you tell me what stochastics chart setting you use for your full stochastics chart? Thanks, your screen shots are helpful

Dragonclad
Dragonclad Oct 18, 15 12:18 PM

The technical analysis was sound, thats been my new focus, nice post!

Join now or log in to leave a comment
digitalbrass
digitalbrass Sep 10, 15 6:02 PM

you can only have one sell order unless you divide your shares up. you can do conditional one triggers all orders and set the sell part as either a trailing stop $ and set your stop price say .06 . This will trigger a market sell if the stocks drops 6 cents at any given time. OR you could set a sell> stop limit on quote. This will enable you to select the exact price of your choosing to trigger a sell. So say you brought the stock at 1.65 and its up to 1.99 you can set a stop limit on quote sell

digitalbrass
digitalbrass Sep 10, 15 6:03 PM

for say 1.94. if it drops below 1.94 it will trigger a sell order.

mv0007
mv0007 Sep 10, 15 10:26 PM

Hmm...what I was trying to accomplish is to combine buy and sell into a single order/transaction such that buy triggers when certain condition (limit/stop limit) is met and once buy is executed, sell conditions take over for both stop loss as well as profit above certain price - for sell order, once one condition is triggered, the other should get cancelled automatically. This is what OCO accomplishes and looks like Bracket order works in the same way.

mv0007
mv0007 Sep 10, 15 10:40 PM

Thanks for your response digitialbrass, much appreciated

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