https://twitter.com/Osirustwits/status/757599654305419264
Today was a great day in the chat the scanner was in tune.
Last week it gave me the short on $KONE this week it gave me the $CBMX premarket trade then robbery of cheap shares on the $CCCL bottom bounce alerted $4.07. All trades no one could have lost money on even if they chased.
I think we can say the scanners are ready and have been back tested so far green everyday.
Because I piece out my trades as I have no commission fees I can scalp any trade with the hotkey setup.
It let's me add and sell into rushes at point the scanner and the charts support so I never have to take my eyes off the chart.
Today was just proof that if you work on something hard enough you can improve.
Remember 2 months ago I could not buy a bottom bounce to save my life now i have the confidence to not only trade them but share that alert with others for break outs and dips.
Still have work to do much to learn but I can start scaling in more and more size with each trade.
This is how I spend my weekends some party I fine tune my scanners.
Now I have to go back and update all my trades from the last 3 weeks, (Average of 5 tickers a day with 10 traders on each) the joys of not having an auto-import broker, with no PDT and no commissions.
My "trade station" Set up http://profit.ly/user/osirustwits/blog/upgrading-the-tradestation-once-more
My broker http://profit.ly/user/osirustwits/blog/virtual-brokers-new-no-commission-on-trades
My trading mentality http://profit.ly/user/osirustwits/blog/confidence-in-a-plan-how-do-you-get-this
@andywilliams i would have shorted this then went long I call that a #TarzanTrade on my Twitter but I had no borrows. The cover point for max result on the chart many times when I call a short many who can't buy my cover this time I couldn't short so I bought my own cover and the chart supported it with vol and the scanners said reversal $4.07 I added $4.20 to size once it confirmed as you can see the trade for me really begins there
cool, I was looking to short this after it hit 6 and fell back below 5.75 resistance. Had borrows available too! Hesitated...What scanner are you using to tell you it's a reversal? Is RSI incorporated or something?
Alert lets me know volume is coming in and it is buying or selling volume and it tells me the opposite to when vol is dropping and if it is buying or selling volume. That combined with the chart gives me a possible pivot area now I have to use my chart skills and confirm with time and sales if the entry is good and the risk. $CCCL at $4.07 still had near 10 cents risk but if you read my play it was 4 to 1 which is why no one could lose money on it
ok nice! Trying to time my entries better when I want to go long so everything you are taking into consideration is very helpful...find it much more tough vs shorts for some reason. Thanks for the response!
Join now or log in to leave a comment