Boring day, missed a fill on MEVT that would have been a good short, CTDC is restricted on IB (traders can only close trades on it), and I couldn’t find shares of AWSL or AMLM. No point doing a video. Looks like my call on USEG from yesterday’s watchlist was dead on, though.
+ BOT 500 USEG false Stock (SCM) 6.370 USD ISLAND 09:33:51 2.50
+ SLD 500 USEG false Stock (SCM) 6.370 USD DRCTEDGE 09:34:00 2.50
+ SLD 9,306 RODM false Stock (NMS) 5.147 USD SMART 15:41:06 46.53
+ BOT 7,000 RODM false Stock (NMS) 5.147 USD ARCA 15:43:16 35.00
+ BOT 2,306 RODM false Stock (NMS) 5.060 USD ISLAND 15:43:55 11.53
+ BOT 500 RODM false Stock (NMS) 5.000 USD SMART 15:47:06 BookTrader 2.50
+ SLD 500 RODM false Stock (NMS) 5.022 USD ARCA 15:47:11 BookTrader 2.50
BOT 500 RODM false Stock (NMS) 5.40 USD DRCTEDGE 19:16:11 2.50
SLD 500 RODM false Stock (NMS) 5.44 USD ISLAND 19:17:19 2.50
Daily profit: $122.14
Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy.
0 thoughts on “Trade recap for 10/22: Yawn!”
CLFC, NTZ, CHP, OFG have decent looking charts with a possible breakout looming. Some have lower volume.
$100 DAY AFTER TAXES = MIN WAGE…….
QUESTION –HELP MR WIZARD(S)
TRIED TO BUY A SMALL LIMIT (1500 SHARES) ON A PINK SHEET. CHARTS LOOK LIKE IT BROKE DOWN BELOW LIMIT ON SEVERAL REAL-TIME CHARTS HOWEVER NO BUY.
MY BROKER SAYS — PRICE NEVER MADE LIMIT PRICE. HOW CAN THIS BE? BROKER ERROR OR OPERATOR ERROR?
WHAT AM I MISSING HERE??
dude real-time charts don’t matter. Was the ask ever that low? Also, fills on pink sheets are not guaranteed.
And why the fuck would you want to buy a pink sheet stock? They’re all crap except for day-trades.
Yogi, he then takes that 100 dollars and buys lottery tickets, thats where the REAL money is!!
THX There’s a reason they call me YOGI…………..
What is the best time to run the stock scan. Is it when the stock market opens?
What kind of scan do you mean? My watchlists are prepared after the trading day is over. I scan for pre-market gainers in the pre-market trading (9 to 9:30am EST).
why do you only hold USEG for nine seconds? what determined your exit?
I held USEG longer than 9 seconds … anyway, I didn’t like the thesis of the trade (that trade was me following a TimAlert from Tim Sykes). See my trade recap yesterday for why I didn’t like that.
What is the formula of the scan you use for preparing watchlists after trading day is over
What is the formula you use to scan for pre-market gainers in the pre-market trading (9 to 9:30am EST).
I use different scans. Search my site for ‘stockfetcher’ and you’ll see some of my scans. For pre-market I use IB’s built in scanner: http://www.reapertrades.com/2009/08/how-to-scan-for-pre-market-gainers-with-interactive-brokers/
Also do you think Timalerts is worth the moolah??
It is and has been to me. If I make one good trade in a year off of his watchlist that I would have otherwise missed it pays for itself. That being said, most people who just want to piggyback his trades will not do very well (because people like me are faster).
Gasp!! Such language Reaper, I have a feeling you may have hung out with a bad influence recently!!
Yep. Thank you.
Denny, look under supernova and video tutorials for his scans. I don’t know what platform you have because his pre-market leader scan is done in the IB platform.
I will give you my take on Tim Alerts, it is well worth the money, but the DVD’s and even the book is where the real value/learning is found. The alerts are only there to help speed the process of spotting the stocks yourself.
thanks preston. I use strategy desk from TD ameritrade.
against which index do you run these scans?
That question is meaningless. Learn enough to ask good questions before wasting my time.