Spike's Scientific Stock Analysis

[df21084]

As you know, I sold BPT for a tidy 9+% profit in 2 weeks. It now at $55.40.

[New-born baby]

Portfolio

Spike,

Are you trading anything besides QQQQ?

[spikefader]

Spike,

Are you trading anything besides QQQQ?

Ya, I trade the ES and NQ eminis every day. I never post them here because the system I use is secret and besides, it's a stock focussed board anyway. The Qs swings are just for a bit of fun and to demonstrate a bit of discipline. I'm actually thinking of giving them a break altogether. Perfect swing entries are hard to find in the Qs, and when I get them it's not as rewarding as futes and stocks. I try to post as many others that I can, but what with this thread and the 50% thread, and all the other stuff, and the occasional options trades I take, I'm running out of time!

[Thomrich]

Ya, I trade the ES and NQ eminis every day. I never post them here because the system I use is secret and besides, it's a stock focussed board anyway. The Qs swings are just for a bit of fun and to demonstrate a bit of discipline. I'm actually thinking of giving them a break altogether. Perfect swing entries are hard to find in the Qs, and when I get them it's not as rewarding as futes and stocks. I try to post as many others that I can, but what with this thread and the 50% thread, and all the other stuff, and the occasional options trades I take, I'm running out of time!

Greetings Spike,
Could you define "ES" ?
I have heard of E-minis,not sure what they are,will look it up.
cordially Tom

[spikefader]

Greetings Spike,
Could you define "ES" ?
I have heard of E-minis,not sure what they are,will look it up.
cordially Tom

Sure, here ya go.

E-mini S&P 500 futures (ES for short)

http://www.cme.com/trading/prd/overview_ES702.html

Free delayed charts here:
http://www.futuresource.com/charts/c...GH&b=CANDLE&st=

E-mini Nasdaq 100 futures (NQ for short)

http://www.cme.com/trading/prd/overview_NQ705.html

Free delayed charts here:
http://www.futuresource.com/charts/c...GH&b=CANDLE&st=

[Websman]

I know a guy who used to trade E-mini's and made over 1000% per year at it. Unfortunately he got busted for racketeering and securities fraud and is in the process of serving 6 years in the joint, but he says that when he gets back out he'll start trading again. It should be no problem, being he should have a couple million hidden away from the racketeering venture.
I'll stay away from the racketeering and securities fraud thing, but I would like to try trading E mini's one day. I firgure I need a few years of stock trading experience before I consider it though. I'd also like to try trading commodities, but that's probably even further out.

Spike, I don't guess you'd tell us how long you've been trading would you? Of course, I'll understand if you prefer not to answer this question...LOL

I've been at it a year now...I've got a lot to learn, but I'm glad I made a profit for my first year!

[spikefader]

Webs. Why didn't we see the C entry! ......... I was all focussed on the 50% entry signal....

If anyone spots a 1,2,3,4,5 move, with an a,b,c holler it out will ya! They are beautiful setups - especially when you get a 50% retrace too!

Gonna chase the open I think....

[noshadyldy]

Hi Spike,
what's your projected target for CMN with the recent turn up?
Also, I really need help on recognizing the whole 12345 abc deal. Can you recommend a particular site or book? It all looks like seizure activity to me.

thanks

[spikefader]

Hi Spike,
what's your projected target for CMN with the recent turn up?
Also, I really need help on recognizing the whole 12345 abc deal. Can you recommend a particular site or book? It all looks like seizure activity to me.

thanks

Sorry, don't have a good reference for it. Just something I've grown to like because I've seen it work so well. I'm not an expert at fibs, and not a purist. For me, the 12345 can have overlapping. The C entry is very tradeable. Not perfect, so stops are needed, but when they work, they can be rewarding.

[spikefader]

Oh, and CMN target, aim for 30 upper weekly channel, or exit early after a channel short day on a daily chart, closing basis.

[spikefader]

Spike, I don't guess you'd tell us how long you've been trading would you? Of course, I'll understand if you prefer not to answer this question...LOL
I've been at it a year now...I've got a lot to learn, but I'm glad I made a profit for my first year!

No, I'm still pretty young Been trading for only 5 years and still learning

[spikefader]

Still a bull.

Vector closed bullish today.

I still like the weekly Qs long. Looks like 12345a so far. Watch for the c entry maybe??

[Websman]

No, I'm still pretty young Been trading for only 5 years and still learning

I'm at the point in my life where I'm old enough to know better, but still too young to care.

[New-born baby]

You're my type of investor

I'm at the point in my life where I'm old enough to know better, but still too young to care.

Jim says:

You are my type of investor!

[Websman]

Jim says:

You are my type of investor!

NOOOOOOOOO!!!!! NOT CRAMER AGAIN!!!!!!!!!!!!!!!!!!


AUUUUUUUUUUUGHHHHHHHHHHHHHHHHHHHHHH!!!!!!!!!!!!!!! !!!!!!