Posted in Stock Trading Class on Dec 21st, 2007
Tony,
I would like to say a very big Thank You for the 13week course.
I had been struggling for many months with my trading when I registered for your 13 week course. I am so glad you taught us “how to fish” rather than just “how to catch a particular type of fish” in this course. Whilst there is [...]
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Posted in Stock Trading Class on Dec 20th, 2007
This is a first attempt finding an Intraday trade using the Gladiator Scan.
FDS penetrated the lower BB yesterday and stayed below it today. Around 10:30am, FDS was consolidating with support just below 57.25. Decided to enter as per plan below.
Status:
Stop triggered ~40 min into trade. Exited @57.18. Loss : 0.6%
Trade Closed.
Trade Plan
The purpose of these posts [...]
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Posted in Stock Trading Class on Dec 19th, 2007
MA is bouncing from the 20MA and retrace 50% from the the gap on Nov. it seems to have an intraday support at around 204.
Entry: 204
Target: 212
Stop: 203.4
RR: 13
————–
Found JOYG from volcano scan. it gap up and trade higher with big volume. i am waiting for a pullback to 59 area
Entry:59
Target: 61
Stop: 58.8
RR: 10
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Posted in Stock Trading Class on Dec 17th, 2007
The QQQQ trade of 2000 and the CTDC trade of 2007 are different in many respects, but they have one thing in common:
The buy point is near the low of the day on a late Friday afternoon.
So in both cases my question is: What was the risk management plan for the following Monday morning?
The purpose of [...]
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Posted in Stock Trading Class on Dec 16th, 2007
Praise to the Sun God “Ra” (or Apollo if you so wish …)
SOLF consolidated into a symmetrical triangle on the daily chart after a strong upward move. Today (coincidentally), the 5 min intraday chart also formed a triangle around 12.40 pm. I decided to scale-in.
My reservation about this setup : The candle with the largest range and volume [...]
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Posted in Stock Trading Class on Dec 15th, 2007
Whilst reviewing my trading record, it become obvious that my average Win size (in % term) per successful trade was below 5%. I “re-created” the Tony Oz calculator in my spreadsheet and added a column showing the Profit Potential in % term.
This showed a fair percentage of my trade plans returning less than 5% [...]
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Posted in Stock Trading Class on Dec 14th, 2007
Get this from patriot scan.
NTRI is bouncing from the 50 MA. the 20 MA start to go up and the stock is already making higher low (i.e. change of trend). also usually NTRI is doing well after new year since many people want to lose weight and purchase the product.
Entry: 28.5
Target: 35
Stop: 27.5
RR: 6.5
—————-
BEAV from [...]
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Posted in Stock Trading Class on Dec 13th, 2007
Have you created a Yahoo Group Trader 16? It is easy to do. If you haven’t let me know and I’ll do it.
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Posted in Stock Trading Class on Dec 13th, 2007
As we come close to the end of our class, it may be a good time to say “Thank You, Tony” for this 13-week-ride … and also for the incredibly valuable collection of trades in the book “The Stock Trader”.
I have just been re-reading this great book and would like to share some random thoughts, observations and personal [...]
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Posted in Stock Trading Class on Dec 13th, 2007
First, just wondering if Tony can create a yahoo group so all of his student (current and future) can keep in contact. just a thought…
anyway, i found GRMN from volcano and patriot this morning and was waiting for a good entry (stock is around 50 MA and seems to bounce) . with the market down [...]
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