is...Either trading futures or fishing
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I used to teach trading stocks and futures but gave it up. No one wants to listen anymore. Too many people are blinded by trying to get rich off of one play.
Thank you. I'm just wondering how many times I will get bashed for telling someone that lol. I was taught years ago to not care about anything I traded nor to believe anything I heard. It has worked for me and go me retired early :)
Do yourself a favor my friend. Only learn to analyze what you see and nothing you hear ;)
Your welcome
It means everything until there is a new ticker symbol and we are trading on a new chart. Until that happens then its all hype and speculation. I have traded for years on what I see. Not what I think I will see
Here is the yearly chart. Its way over extended. We need some pullback into consolidation to allow the 20 & 50 period EMA's to catch up and support the trading. If not then it will just fall back down through the 200 period EMA like it did when it went to .005. This is good trading and shows strong support. Nothing to be worried about
Todays chart.
This is nothing but a confirmation of a strong pennant pattern. We had another wic down to test the 20 period EMA. Along with the decline in volume and descending stochastics this is allowing the other indicators to catch up. This stock was a little over extended on the yearly chart and needed a little consolidation. This is just normal trading. Anytime I see a strong pennant pattern I want a volume decline and a descending stochastics
Me and you trade and think pretty much the same way ;) Works for me
Got it
Day trading and swing trading is what got me to retirement. I don't fall in love with any stocks and have never been an investor
That's the best money to trade with ;)
LOL. It would be a lie to say that it wasn't in my blood. But there comes a time when you just have to walk away. My bread & butter was the futures markets. Its highly stressful and that is no game there. You can get slaughtered if you don't know what you are doing. That's why I trade for my grandkids though. Just cant let it go completely :)
I don't know where your at in your trading but don't ever get greedy and never try to retire off of one trade. Always take profits and sell enough of your position on the way up to cover your investment. You can never lose what you take off the table
If the patterns and indicators keep holding it will do just fine without news. Last time I traded this was in 2010 from sub penny to .035 I'm retired from trading but trade an account I set up for my grandkids. I got a nice size block at .0007 and added more at .0004. Just making sure they can afford Obama care when they are older ;)
Chart for those that like TA and charting
This is just about the strongest pattern you can find in a chart. The pennant is probably one of my favorite patterns to trade. This pennant shows a pullback into the 20 period EMA. There is a strong, steady decline in volume and a descending stochastics is poised for a strong pop
TT makes for a pretty good looking resume :) I picked VOIS up for my grandkids account along with a few others on a chart play. I'm pretty much retired from trading for my self. Still do some scalping in the futures markets to keep my skills up
Charts for those that like TA
I used the 2hr chart for these to show the patterns a little better. The first chart shows a fib retracement from the last run with a very strong 50% pullback into support off the 20 period EMA. This is a very strong pattern and wreaks buy. The second chart is the same 2hr chart. A very strong flag pattern. You can see the large red candle wic down and push off of the 20 period EMA. this with a steady decline in volume and a descending stochastic is poised for a pop up with or without news. This is my second play in GLER
I never got the email
email me at wv_transplant@yahoo and I will give you my number. Also you might want to look back into gler. They are about to change ticker symbol with company that bought them out in reverse merger. Company is legit and its still cheap for the next few days until they halt trading and open under new symbol
I got a new number. Didn't know you tried to call me. Everyone is good. I'm not trading for my self anymore. I have an account for my grandkids I'm trading. Want to make sure they can afford Obama care when they are old enough lol. What are you playing right now? I got them in GLER and VOIS. Also scalping futures for them
Hey. I have not been on here in ages
Hello fellow Texan
It was a very nice trade. Didn't get down to where I was thinking but im not greedy. Anyway. Im off for a couple weeks to head to Gloucester Massachusetts. I have always dreamed of going fishing for bluefin tuna and im finally going to go. Probably wont want to come back. Have a good couple weeks trading
Like I said in an earlier post. It still had room to go down for a bottom bounce around the 9.80 area. I never try to guess the bottom. I set my buy above where I think it is and let it get filled on the way down. This will do fine in a few days
Here ya go. A lesson in TA. Very seldom have I seen a stock that didn't close the gap. That's what this did. Spiked up and came back down to close the gap. Now on an ascending trend. You can lie all day and so can I but this chart is telling the truth. If the chart your looking at tells you that this is going down then you might want to turn yours right side up ;)
I use TD Ameritrade. I have been with them for years. Only had a couple small problems and they were taken care of very quick. Plus getting money in and out is very quick.
Only way lovito had several hundred clients would be as a low level crack dealer
It peaked at 11.94 this morning. You had a lot of profit this morning and could have sold. As for me I will hold it. I have swing traded this stock hundreds of times and know how it acts. I was up a little over 1,500 profit this morning but decided to hold it. It will be ok
I wouldn't count it out just yet. Where did you get in at?
I find tons of plays using this screener. The first link is overbought. the second link is oversold http://www.finviz.com/screener.ashx?v=111&s=ta_overbought&f=geo_usa
http://www.finviz.com/screener.ashx?v=111&s=ta_oversold&f=geo_usa
What idea is that my friend?
Not going to happen today. Broke out above the 200 period EMA on the 15 minute chart but just couldn't stay above it for a close
If it can hold support here and let the lower indicators catch up we might see a breakout
I strictly trade on the TA my charts provide. I don't expect a big move either but on 2000 shares just a 2 dollar move nets me $4,000 just on one trade this week. Since im a day, swing trader im not looking for long term. I hit and run
Just a couple days consolidation on some lower volume. Also have earnings on 8/1 coming up. Im looking for a pop soon. Did you take a position?