Originally posted by stenzrob
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IIC's Winners Watchlists
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"Trade What Is Happening...Not What You Think Is Gonna Happen"
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In the first QID instance I tried to anticipate (The ULTIMATE Sin)...and it did go up from 47.51 to 47.60 right away...But all my criteria was not in line and then it reversed down to the 46.40's...I realize I should have sold out in the 47.30's and taken my lumps...But I am human sometimes (DARN!!!) and I held on while cursing myself...It looked good again in the 46.90's but I wasn't about to add...Then it moved up over 48...I eventually sold at 47.92 which was above my limit by a few cents.
One thing to remember though is that when you screw up and still make money...Don't be happy about it...Of course, don't give the money back...But don't think you made a good trade either....That's Spike's lesson #12
Best, Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
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No recommendation...In fact I wouldn't pay these jokers a dime...But for those so inclined to take a FREE look:
ACCESS GORILLATRADES AS OFTEN, AND FOR AS LONG AS YOU WISH, DURING THE NEXT 7 DAYS ***
For the next week, simply log into the secure Subscribers area of www.gorillatrades.com with the username "openhouse" and the password "special" (all lower case letters and no spaces) as many times, and as often as you wish.
If you aren't familiar with them, take advantage of this opportunity to explore the many fascinating GorillaTrades features like the Banana Barometer, Trader's Tips, the Confirmation Day concept, Light-Volume Pullbacks (LVPBs), the Return-to-Risk Ratio (RTR), as well as the highly-educational GorillaTrades System Tutorial (www.gorillatrades.com/tutorial).
You can read the email that the Gorilla sends to his subscribers each evening (including this evening's email, which will include any new, potentially powerful GorillaPicks for the next trading session), review the Gorilla's new GorillaPicks each day, see Past Picks, Special Situation Picks, and EVERY Closed Transaction from the past 4+ years! You can even examine the Current GorillaTrades portfolio, in which you can download (and print) the current GorillaTrades portfolio in Excel spreadsheet format! You may then conveniently review the stocks and their unrealized gains/losses. Stop loss levels and upside targets are ALWAYS provided with every new GorillaPick. In addition, these levels are raised weekly, to help protect subscribers' profits."Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by IIC View PostNo recommendation...In fact I wouldn't pay these jokers a dime...But for those so inclined to take a FREE look:
ACCESS GORILLATRADES AS OFTEN, AND FOR AS LONG AS YOU WISH, DURING THE NEXT 7 DAYS ***
For the next week, simply log into the secure Subscribers area of www.gorillatrades.com with the username "openhouse" and the password "special" (all lower case letters and no spaces) as many times, and as often as you wish.
If you aren't familiar with them, take advantage of this opportunity to explore the many fascinating GorillaTrades features like the Banana Barometer, Trader's Tips, the Confirmation Day concept, Light-Volume Pullbacks (LVPBs), the Return-to-Risk Ratio (RTR), as well as the highly-educational GorillaTrades System Tutorial (www.gorillatrades.com/tutorial).
You can read the email that the Gorilla sends to his subscribers each evening (including this evening's email, which will include any new, potentially powerful GorillaPicks for the next trading session), review the Gorilla's new GorillaPicks each day, see Past Picks, Special Situation Picks, and EVERY Closed Transaction from the past 4+ years! You can even examine the Current GorillaTrades portfolio, in which you can download (and print) the current GorillaTrades portfolio in Excel spreadsheet format! You may then conveniently review the stocks and their unrealized gains/losses. Stop loss levels and upside targets are ALWAYS provided with every new GorillaPick. In addition, these levels are raised weekly, to help protect subscribers' profits.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by skiracer View PostThese guys are the biggest bozos on the planet."Trade What Is Happening...Not What You Think Is Gonna Happen"
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IIC 100
YOU CAN VIEW ALL THE CHARTS OF THE IIC 100 AT Stockcharts.com's "PUBLIC CHART LISTS" Simply click the link below:
IIC 100 at Stockcharts.com
Don't forget to check the IIC 100 Technical Scans, IIC 100 Chart of the Week and Cups with Handles at:
SharpTraders.com
THANKS, DOUG(IIC)
IIC 100 for 1/22/08
SDTH, VIP, ISRG, POT, BIDU, CF, HMSY, MOS, BPHX, WATG, YGE, PRGO, DV, JASO, FSLR, RICK, STP, DRYS, CMG, CPLA, CEDC, LNN, SOLF, CHDX, RIMM, TISI, MLNM, SWN, WFR, OI, VMW, AAPL, ATW, MA, AGU, ARD, MR, CNH, RIG, PSEM, KNDL, DCP, CBI, BUCY, FTK, GME, KWK, BABY, OFG, NLY, AG , MELI, CTRP, CTCM, MEA, ITI, SPW, CHTT, WFT, SPWR, IMA, AUY, TBSI, AMZN, MORN, MICC, MEE, CRM, GOOG, CLB, BGH, GFIG, OMPI, LDK, WMS, AUO, SYNO, WX, FMCN, SWKS, EPAY, NDAQ, BEAV, LPHI, AEHR, FLR, VOCS, GPX, CRNT, KGS, NE, XTXI, RATE, LAVA, MPWR, URBN, CYBS, CDS, HURN, AMRI
If you want the IIC 100 in a vertical format, simply copy the list and use our Handy List Converter Tool at http://Sharptraders.com"Trade What Is Happening...Not What You Think Is Gonna Happen"
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I have prepared some simple charts for you to show you some basic technicals I use to day trade QID...You can use the same concept for QLD.
I don't go into a lot of detail but maybe they will give you some food for thought...I prepared them quickly so there may be a few that are a bit off.
In order to trade this way you need to qualify both account wise and money wise...Although you could still do it selectively w/o being eligible to be a Pattern Day Trader if you have the patience.
Click Here For QID Charts
Thanks...Doug(IIC)"Trade What Is Happening...Not What You Think Is Gonna Happen"
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The Sky Is Falling Down...Naz Futs down 54 and World Markets Tank:
World Markets Tank http://money.cnn.com/data/world_markets/index.html"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Originally posted by Websman View PostIt's not falling, if you happen to have gone short."Trade What Is Happening...Not What You Think Is Gonna Happen"
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Here's Your Watch List For Tomorrow
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Gold closed for another 12 mins...chart should auto update below:
"Trade What Is Happening...Not What You Think Is Gonna Happen"
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Don't forget...Asia will trade again before we open on Tuesday morning"Trade What Is Happening...Not What You Think Is Gonna Happen"
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