Spydertrader's Jack Hershey Equities Trading Journal III

Discussion in 'Journals' started by Spydertrader, Dec 30, 2006.

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  1. Using TC2007, I can filter for-

    EPS rank
    RS rank
    avg vol
    float
    price
    insider owned
    institutional owned
    pos earnings

    It's a 1 stop filter, no need to jump around to various websites to cull. I just get different results, most likely due to who provides the data and how EPS and RS are figured. They're both somewhat proprietary, so results may be different. But I really don't think it matters, per se. But in the interest of everyone being on the same program, I use the FU as listed by Spyder periodically.
     
    #1031     Mar 23, 2007
  2. Haroki. that would be awesome. you should definetly join our network of friends on MSN. I really like it because we are all about the same level and can sometime call out stocks that other people might have missed.... and even discuss about why we like certain trades and come up with patterns that we notice.

    it should be pretty easy to set up. :D
     
    #1032     Mar 23, 2007
  3. no msn mess yet, gf came over :D

    hope you bought more grow..:)
     
    #1033     Mar 23, 2007
  4. in NVEC at 28:02 at 11:20.
     
    #1034     Mar 23, 2007
  5. In and Out of NVEC again today for $1 per share gain. Should have stayed longer, but I was stopped out.

    JAC
     
    #1035     Mar 23, 2007
  6. yup still got GROW from yesterday.. sold the shares i got yesterday for a 12.34% profit at 49.70... bought 300 more shares today at 48.15 and 48.45... holding so far.

    volume passed FRV already. will see if it gets to PRV... if not i might sell them before close since price dropped heavily yesterday near the close before PRV was reached.

    Below is my analysis so far
     
    #1036     Mar 23, 2007
  7. Bought GROW at the open 47.17 :)

    Sold COGO at open - wash

    Sold MED at open - wash

    Stopped out on PRXI - about 7% gain

    Screwed up the courage and bought IAAC at 10 am - 20.60 :)

    And another longer term hold HRZ 4 days ago - 30.20:)

    Oh, and I think you mean you'llsee if GROW reaches PV - peaking volume.

    PRV is pro rata volume. A way to determine if the bar you're in right now will reach a previous bar's volume to help anticipate (?) price change or continuation.
     
    #1037     Mar 23, 2007
  8. yeah i meant to say PV :)

    hurry up and get on msn already :D
     
    #1038     Mar 23, 2007
  9. With our Final Update of IAAC (seventh day), we see Price Break the Up Tape on our 30 minute chart (Red Circle). Also, note the Stochastics beginning to turn down on the daily chart. Seeing the Stochastics begin to 'roll over' at EOD, indicates a 'confirmation' of sorts that we made the correct decision earlier in the day. Since our entry point ($18.20 USD) price has moved in excess of 20%. When we see Price break the tape (on the 30 minute), we sell - receiving a fill price of $21.98 USD. our profit on this trade (across seven days) yielded $3.78 per share.

    There you have it. A walk through of the IAAC trade beginning the night before entering the trade, right up through the sale.

    Enjoy the weekend, everybody.

    - Spydertrader

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1409319>
     
    #1039     Mar 23, 2007
  10. UriKai

    UriKai

    Yes, that's what I wanted to say.
    Thank you for your confirmation.

    Plus, thank you for the IAAC charts.
    Those are very helpful to understand the concept.
    -- UriKai
     
    #1040     Mar 23, 2007
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