Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I am liking PCOM. Gap to fill on the upside, although a ways away from it, but all indicators have been improving last few days. Any opinions???
Thanks,
John
USUR, I agree EVO, wish I would have found it on the Aroon crossing.
USUR finally getting ready to move from .135. lots o f buys last few minutes.
PCOM is not there yet, but indicators are heading positive. Aroon cross the other day.
USUR- Big gap to fill, just got into it today. Great looking chart.
I have a thought about breakouts. Do to the fact that we see so many false breakouts from time to time, I was wondering if this may work as a strategy: Wait and see if the stock is going to close above its breakout point and then buy in. I am going to look at some recent breakouts and see how the ones that held the BO point did the days after, compared to the ones that closed below it. For the ones on this board without margin, buying a breakout, only to sell it later in the day ties up those funds for 3 days, so I thought this might cut back on the number of times we buy false BO's. I know you might spend a little more to get in, and some may actually go to high to get in, but maybe safer is better, at least to non-margin players.
Any thoughts??
Pattern Day trader status and what it means: FWIW. I called Ameritrade after getting answers from different sides when I questioned the board yesterday and here is what they said. If you are flagged as a pattern daytrader, you do NOT have to have $25,000 in your account to keep trading. The man said that it actually a good thing to be flagged as one because your "buying power" is increased if you have $25,000 or more in your account. If you dont, you just dont get the extra buying power. Thats it. I told him I was worried that once flagged, my account would be frozen until I upped my balance to $25,000. He chuckled and said, "We dont do that." Other brokers may interpet the rule differently, but that is where Ameritrade stands. Just do it, I appreciate your response, and you were indeed correct. Looking forward to finally being able to "flip" starting tomorrow.
Just got margin approval and have question about the pattern day-trading rules. If I do more than the 3 roundtrip trades and get flagged, can I still continue trading, but just using my avail cash, but no margin? Or will my account be completely shut down until I get it to $25,000? Thanks in advance.
Hey folks, where has Rivet been lately. Really miss his charts and opinions.
Chipped, wanted to thank you for WWAT. Sold earlier today, but still made very good bank!! Thanks again!
GNET sold those, the went right to the bid @ .107. Go figure
GTEL trying the same thing. eom
PKCY going to try to close at HOD. Needs more volume though.
Welcome back Chipped, hope you enjoyed your time off. Let's get to work!
APPI .03 wall GONE! .031 FALLING NOW.
APPI The .03 wall cut in half. 3 mm left
Many buys coming on APII, but the 8 mm wall still stands.
Got small portion of APPI @ .027. Chart looks nice, needs green aroon ine to go up.
Sold SNNW:Broke support eom
SNNW Held it's new support of .051 and is now climbing back up.
JAVO starting to brew on L2. eom
JAVO, setting up for another run. Looking for a break of .39
Got a few JAVO @ .31 EOM
I have had no problems today. Sorry to hear you are.
GBLL ticking up. eom
I am very leary of these low volume stocks. Do you folks trade them often? How well dod you do with them?
Thanks,
John
That is me exactly. If I trade the way I should, what I think and feel about a stock will play no role. Discipline!!!
Rivet: As I continue to learn, I hope you will take the time to tell me how you handled the following situations. First , yesterday you bought AMAF I think it was for a bottom play in the low .04's. It further tanked today, so what did you do? Today on TVCE, the way it tanked, how did you handle that.
It would be nice from time to time to hear of losing trades and how they are dealt with, I have read enough of the winners to have a clue.
GBLL Having a nice day, no news that I know of.
TVCE Is that it? Buyers seemed to have dried up.
Hippie, CTKH--We are looking good, up over 16% today.
Hippie, CTKH I believe broke from a descending triangle on Friday. Anyone with more experience than myself can feel free to correct me. We will see what happens.
Hippie, are we gonna get some bank back with CTKH this week??? Maybe some Motorola news coming and insiders were buying Friday. I can dream, can't I???
Yawn.......
MYNG @ .245. This is major resistance, so if it breaks, look out.
GBLL trying to get going. eom
Stockcharts.com shows positive, with the crossover happening yesterday
Someone just bought over 50 mil shares of PCBM. I believe that is the largest block of any stock that I have seen change hands.
YD, The volume is half the average, not that great.
GBLL, just a shake?? eom