Category Archive: Video Tutorials

Jan 11

Has WDCO turned into a manipulative short seller? Level 2 video on USGT’s first dump day

Wilson Davis (market maker ID: WDCO) has acquired a reputation in penny stock land for manipulative bid support on big pump and dumps. See this Infitialis article on SeekingAlpha and this article on So it was certainly odd to see WDCO come out with huge size on the offer on USGT (a massive spam …

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May 17

My thoughts on various brokers

See the video for my thoughts on the various brokers I use. See also my first impressions of Speedtrader and my review of SogoElite. [Edit 6/21/2011 — Subsequent to me posting this video Sogotrade has changed hands (Genesis Securities sold it to Wang) and the borrows for shorts are not good there anymore. I recommend …

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May 12

Interpreting level 2 data on OTC BB stocks

Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

May 10

HOD list: How to find stocks breaking out to new highs

Are you curious how I find stocks making new highs so quickly. Watch the video as I show and explain the “HOD list” or “high of the day” list. Disclosure: No positions in any stocks mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all …

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Apr 14

First thoughts on SpeedTrader

See the video for my review of Speedtrader after using it for a few weeks. Much thanks to Nate of the InvestorsUnderground stock chat for urging me to try SpeedTrader and helping me to set it up. Disclosure: Short 10,000 BLUG. No positions in any other stock mentioned. I am an affiliate of InvestorsUnderground and …

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Feb 28

How to learn to trade penny stocks

This is my motivational / instructional video on how to learn to trade. The keys to success: 1. Don’t be lazy. Trading is hard work. 2. Look it up. Use Google and Investopedia and other resources. Read trading books at your local library. I have suggested a few good ones. 3. Don’t believe it unless …

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Jan 30

My Review of Tim Sykes’ Learn Level 2 DVD

After pre-ordering it two months ago and receiving it two weeks ago, I finally finished watching Tim Sykes’ Learn Level 2 DVD and here is my review. Conclusion: This is a pretty decent trading DVD but there is not nearly enough video of Level 2 in action. As someone who has plenty of experience trading …

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Jan 17

Hide your order size by using iceberg orders at Interactive Brokers

When trading large blocks of shares, particularly in illiquid stocks, it helps to hide the number of shares in your order. You can do this with what is called an iceberg order. The video below shows how they work in Interactive Brokers Traders’ Workstation as I try to cover a large short position in an …

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Nov 20

Why I don’t like to short stocks at 52 week highs

This video is for everyone who sees a stock at new highs and immediately thinks it should be shorted. That is not a good idea. Stocks that are at 52 week highs tend to keep going up. I like shorting things that go up, but only if they go up a lot very quickly (like …

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Nov 10

An introduction to short selling at Interactive Brokers

Also see my previous post on how to reserve shares to short. 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.

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