Amazing Big Boards

[mikeanthony]

Remember this chart is not effected dirrectly by DOW Nasdaq ect.

[langlui]

Thank you Mike. You are AWESOME! WEEEEEEEEEEEEEEEEEEEEE

[mikeanthony]

You might not get it.

[Alibaba100]

great video mike! I am out for now at 38,10 nice profit so far, thank you. I plan to reenter at the new support at the breakout-line. Great Pick!

[Empire State]

**DOW Jones Chart**

Little Bounce Tomorrow?hmmm...

[Empire State]

that must be FLOW....LOL

[deeeg2]

LOL Scottrade is posting 301,000.00/1 as current ask for DNR. Could you imagine.

[TheInvisibleHand ™]

SEE>Mondays SUCK ! Interesting Read on S@P by days of week!

Heres a chart of S@P 500 by days of week

http://howardlindzon.com/wp-content/uploads/2008/05/image660.png

[mikeanthony]

**DNR Video Update**

Here is my one video on DNR for this week.
http://www.screencast.com/t/GGis2BWB

[TikiGal]

Nice board Langlui.

Hope you had a great day.

[mikeanthony]

Ill do a video tonight for sure on this. And what to expect from here. Everything working out well.

[langlui]

aren't we having a fantastic day in DNR or what? Pattern alert

[Ithildriel]

I agree, this is a good play.

I'm in the June 37.50 calls...

[Alibaba100]

DNR looking very strong in a weak market. Looking like a Monster! Added some more here....
GL to everyone, nice to be on board!

[Ithildriel]

Go DNR Go!

[langlui]

DNR @ 52wk high.. pom poms much needed

[Ithildriel]

In the DNR 37.50 June calls...up nicely so far. :)

[TheInvisibleHand ™]

Lava looking about ready!
that gap UP to fill 9.50 should happen within a month

[langlui]

patience grasshooper patience :)

[deeeg2]

DNR rocking and rolling.

[mikeanthony]

Ill apply one when the time is right. :) Right now if its completly necessary support of triangle would be correct for this pattern.

[langlui]

Stop loss is up to you guys, whether it's 3% 5% or if you are a long term swing trader, you can set trailing stop loss. For me, I go with my own 8/21 MA cross and rules

[langlui]

haha.. sorry.. progress tracker is at my office and i don't have it with me. I will try to come up with one tomorrow. Thanks for the patience.

[Pennyland]

now that would be nice! glt/us

[deeeg2]

Lang have you made one of those progress trackers yet. I think i may do a 20k to 100k challenge in 60 days.

[sidesh0wb0b]

added as well lang and mike, good team here!

[TheInvisibleHand ™]

Board added Why not take 10k to a mil in 10 trades. I hit 3 for over 100% in last 2 weeks. Lets find some more.!

[Ithildriel]

I missed the breakout, but looking for some calls on Monday to ride this one with you guys. *smile*

[Pennyland]

DNR weekly and daily charts

[Pennyland]

very quiet here... nice breakout today...

[Pennyland]

gl! deeeg2

[Pennyland]

yes, that would be great lang... glt/us

[deeeg2]

make that 11 now.

[langlui]

hahaha...good luck.. i am going for the stock, not the option. I need to come up with a spreadsheet similar to the one I have for my $2,000 challenge account.

[deeeg2]

in 1 DNR June 35 call.

[Pennyland]

in DNR at 34.75... lets run!;)

[langlui]

okay, i grabbed a little starter of DNR. Only have $2k, will add the remaining $8k on the true break :P

[langlui]

LOL i didn't!

[deeeg2]

wasn't me i never buy in the first 30 minutes.

[mikeanthony]

Ok who here hit DNR pre market go to time out lol

[langlui]

get ready!

[deeeg2]

DNR 34.64 premarket.

[VERITAS77]

Hi everyone.
Great idea here.
Blessings! -V. *^]-

DEEPSEA GEMS BELOW:
http://stockcharts.com/charts/candleglance.php?MGI,PFB,DFR,LNG,ABK,XRIT,SSBX,AWBC,RHD,PCBI

http://investorshub.advfn.com/boards/read_msg.asp?message_id=29340512

[deeeg2]

Sorry. Hers.

[Ithildriel]

Hers...but thanks. :)

[deeeg2]

His example for trailing stop loss is right on. I only use it when i am not going to be around for a period of time. I usually just stick with normal stops for longer term plays.

[Ithildriel]

When I have too many stocks I will use a trailing dollar amount on a stock that are questionable, but low on my priority list for watching. (Right now I have 26 open positions I'm watching...too many!) To be honest, most times I would make out better just selling it at the price it is at when I set the stop.

Since watching my portfolio is my full time job now, I usually just keep up with my stocks current support and resistance points, set alerts on my Ameritrade Command center, and then sell or not as I choose. Time of day and level two can cause me to wait it out rather than sell on a dip sometimes.

I'm not a big fan of the trailing stop loss for day trading, but it was helpful when I was working full time and just investing.

[langlui]

THanks for the explanation! Which one do you use the most?

[Ithildriel]

You can set a trailing stop in most accounts, by dollar amount or percentage.

Round number to make it simple...10% stop loss on a $10.00 stock is $1.00. A regular stop loss would set at 9.00 and never sell unless the stock dropped to 9.00. On a trailing stop it follows the stock price. $11.00 = 1.10 stop = stop at 9.90...$12.00 = 1.20 stop = stop at 10.80 etc...

Using a dollar trailing stop would give you $10 price stop at 9, $11.00 price stop at 10. etc.

The problem with an automatic trailing stop is that sometimes MM's will push a stock down to stop you out.

The stop follows the stock up, but not down. So if you had a 1.00 trailing stop, and stock went from $10 to $15 then started falling, it would stop out at $14.00. A percentage stop of 10% wouldn't stop out until $13.50. That could be good or bad...

[langlui]

Can you introduce me to that idea? U know i play option mostly and I don't know how to do trailing stops on stocks or whatsoever. Can you please explain? Stop vs Stop Limit vs Trailing Stop?