I haven’t been trading a whole bunch as I have been working on my blog and my new DVD. You have only three days to purchase my DVD on reading SEC filings if you wish to receive free access to the follow-up webinar. It is only $397 (you save $100 off its normal price by pre-ordering it).
BORROW 500 ZZ false SBL ZZ 0.68 USD AQS 09:04:35 SBLPage 0.00 Yes
+ BOT 1,000 ENMD false Stock (SCM) .885 USD SMART 11:02:46 4.42
+ SLD 1,000 ENMD false Stock (SCM) .862 USD SMART 13:27:27 4.31
+ BOT 8,979 COT false Stock 8.654 USD ARCA 14:56:10 44.90
+ BOT 10,000 COT false Stock 8.697 USD BATS 14:56:15 50.00
+ SLD 6,412 COT false Stock 8.758 USD NYSE 14:58:49 32.06
+ SLD 3,567 COT false Stock 8.750 USD SMART 14:59:32 17.84
+ SLD 5,724 COT false Stock 8.740 USD BATS 15:00:00 28.62
+ SLD 276 COT false Stock 8.720 USD ISLAND 15:00:45 1.38
+ SLD 3,000 COT false Stock 8.700 USD SMART 15:00:53 15.00
Daily profit: $1005.84
Disclosure: No positions in any stocks mentioned in this post. I have a disclosure policy and you can find all my disclaimers there as well; those disclosure & disclaimers are incorporated by reference into this post.
0 thoughts on “Trade recap for November 3rd”
5 seconds faster than my execution 🙂
BOT 3,000 COT Stock 8.670 USD ARCA 11:56:15 15.00
BOT 3,000 COT Stock 8.710 USD SMART 11:56:15 15.00
BOT 3,000 COT Stock 8.800 USD ISLAND 11:57:01 15.00
Amazing how you can time Tim’s alert so well…almost ditto price 🙂
Wow, you guys make me feel like a coward: my first idea was to buy 3000 shares of COT but then I doubted and only went for 1000 shares… 🙂
Reaper Trades goes amok buying tons of GFIG. 😉
lol Steven, I just tweeted that. Not quite me … Michael Gooch
I think I should clarify right away that my comment is a joke on Reaper’s name and the actual buyer. Else someone here might really go and buy that stock.
I will now for free offer anyone the secret of how I get text alerts so fast:
1) I use Sprint
2) I don’t have good reception
3) I’m lucky somehow
Reaper one free good service is Newsstrike. They have been around for many years but I came to know of it only recently. I find it very useful.
LMAO, that must be it…Sprint has so few customers that they can get the alerts out quicker….
I got it at 1:57, AT&T.
I’ll go with btb on the answer.
qb, don’t feel bad, I only bought 600 and sold very quickly for only a 65 dollar profit.
Truth is I’m very happy with that because it’s the lesson that’s important at this stage for me.
Curious on this type of play (COT) how do you determine your position size? It may just be my bad memory, but I don’t remember you going in this heavy on plays with this particular “catalyst” in the past.
Position size is however much I can buy within a certain amount of where Tim bought, with volume playing a role too.
I am also curious about the large position sizes. My guess is that its a NYSE issue, thus high liquidity, tight spread, and low risk for *weird things* to happen and also its in a straightforward consolidation pattern – pattern break down is easy to determine and the exit close by, therefore risk is low.
and maybe people just trust Tim…
p.s. I went long 250 shares when this went red/green around 11:05 PT. not a stroke of brilliance, probably an idle trade, but I feel pretty good being the fastest of all 😀
hmm, red/green isn’t a bad entry point.
I sold my position as soon as I saw that it was not going to explode like other timalert picks (it did went up nicely after I sold… my luck).
I am happy with my trade, only a small profit but I don’t have to worry about:
1. my broker not allowing me to trade pre-market / after-hours
2. praying for that PR to show up… or not.
@trivto57 — Did you get my email around noon today?
yes, thanks for the e-mail.
useful information, hopefully of practical use in the near term 😀