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Re: chartman2000 post# 7250

Tuesday, 03/08/2011 4:35:51 AM

Tuesday, March 08, 2011 4:35:51 AM

Post# of 89268
Chartman the ibox is set up as a holistic approach to the overall needs of a trader.

Not necessarily a Day Trader but a trader who desires to trade like a Pro; there is a difference.

With the approach set up in the ibox it can be used in generating Due Diligence [as a whole] for a number of trading platforms.

* A quick read from a chart [I use the 10day]
* As much DD on the stock as possible
* As much DD on what's being said on ihub

As a "chartist" one could try using a 20Day Moving Average or maybe 50Day. But the DD remains the same for both Stock & Ihub Data.

This is not Day Trading per say, this is a platform for Pro Trading...

Ihub data, which you absolutey need, is extremely important from a number of aspects to include the human component. I address these issues in the ibox along with the 10Day & Stock Data.

Remember it took me well over 5 years to come up with this system of trading. About 20 hours to finally get the nerve to try and put it down on paper. I've had plenty of PM's stating they've read it 20 times and just now starting to understand the value of all the necessary tools one needs to become a more INFORMED trader. But you need to spend about $16.00 a month to get the basics.

Unfortunately there are move 'get on the bandwagon' players here than informed traders. One's that will buy 14mil shares at .0006 only to watch it drop to .0003. How many times is this done each day on Ihub? Dare I say hundreds of times? Yes.

The same approach in the ibox can also lead in discovering new and fresh picks that have more fundamentals than one needs to Day Trade.
GNPG.0185 check http://investorshub.advfn.com/boards/read_msg.aspx?message_id=60249611

Or you could base a pick with a stock close to it's 52wk low, new management, and a hot sector like SGCA. All found using the approach in the ibox. ECDC was also discovered at .0135 ran to .05, now.026 hovering waiting for the next run.

Try and have a range set in tracking stocks. My range happens to be between .001 and .05cents. Build a data base while watching for new picks during trading hours.

Most of the 10Day alerts are one's which were dormant before spotting. i.e. OHAQ.0004 was one of the more recent, which ran to .34.

The activity behind these as e-ore mentioned are seldom known within a short period of time, but someone knows... :) You don't have a OHAQ off the charts, deader than a doornail, then pop up huge on a 10day [I'm talking about zero volume or close to it on the 10day, then say 250k when spotted. No one on ihub was chatting it which usually means heavy-hitters, those behind the scenes involved in RM's/Shells were starting to hit.

Understand the basic's:

10DayAvg [or huge volume disparity]
+ Stock Data
+ Ihub Data
= Buy?

It's an approach you can use in many facets of your trading experience for many years to come.


bytheway... you'll seldom see a low floater mentioned with a 10Day Alert.

Check out GMND recently and others you'll find here. Best float scenario I've found is about 20 million to 40mil.

A float below 5mil or above 50 to 100mil is just as volatile either way from a number of factors.

Subscribe to Ihub, it's worth about .50c a day to use the necessary tools to become a more informed trader.

Trade Well Trade Often

SuperC

ps..

what do these 10Day Alerts have in common just to name a few?

GMND.0022 1.2mil vs 0k 10dayavg
OHAQ .0004 109k vs 0k_vol10dayavg
BPYT.0008 253k vs 0k_vol10dayavg
TGLO .0015 1.1mil vs 29k_vol10dayavg
TRTH.016 350k vs 27k_vol10dayavg
TWOS .002 250k vs 10k_vol10dayavg
BGTH .008 125k vs 12k_vol 10dayavg
DMGM .002 510k vs 0_k volume 10dayavg
TMSH .005 220k vs 0k vol 10dayavg

These were not just 10Day Alerts but the Stock_Data + Ihub_Data where also 100% Important.

* - * - * PRO_TRADERS 10Day_Moving_Average Forum * - * - *
http://investorshub.advfn.com/boards/board.aspx?board_id=18631
Trade Well $$ http://twitter.com/ProDayTrader $$ Trade Often

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