Spydertrader's Jack Hershey Equities Trading Journal III

If you've read the material, why are you asking a question which has already been asked and answered? In fact, the question and your solution are almost word for word the same. What is more, not only did I cover this question (on more than one occasion), but Jack also covered it. I even covered why your current hypothesis (selecting poor quality stocks) is incorrect. Later (when asked the question again), I linked back to where I originally covered this question, as well as, to where Jack first answered this question.

Now, it makes no sense to me why you keep insisting you have read the material, yet keep asking (and your questions from previous posts fall into this same vein) the very same questions (rhetorical or otherwise) asked and answered several times in the past.

If you cannot see the possibility that you would benefit from a review of the key points you have so obviously missed, then why expect others (who have read the material) to provide you with answers you could locate yourself?

ET does after all have a search function.

- Spydertrader

 

dude, you need to learn some manners and know who's house you're in. this is a thread that spydertrader so graciously started for us. if you are coming in asking stupid questions and pretend you have read everything... it's really not that hard for even us to see that you have not read any materials laid out for you.....or maybe you have read it, but nothing is sinking in or being absorbed?!?

if you want to throw your attitude around after spyder directed you to the exact source to your question, go start a new thread. nobody in here is going to give you better explainations in here than spyder since he started this journal.

if you have read the journals, you would know that as a beginner to this method, you should pick stocks at the bottom of an uptrend channel... if you are picking downtrending stocks, yes there will be more risk... but then again, some people can trade breakout of these downtrending stocks pretty well once they understand the concept behind price, volume.

 

hey guys. can someone tell me how to export the stock list from qchart's quotesheet into wealthlab.com?

this is my first time scanning the entire market, and so far i have sorted the list and taken out the ones that dont fit our criteria. but how do i export this list into a file or simply copy all the symbols that are left into wealthlab.com?

i know i can export the list into an excel sheet, but it doesn't put symbols in the appropriate boxes so i am not able to copy them.... and i dont think wealthlab accepts csv files

 

1. Right click on your quotesheet.

2. Left Click on Export, then Data

3. Save as a .csv file

4. Open newly created .csv file and copy symbols only.

5. Create WatchList on Wealth-Lab.com web site (See Instructions in Second to Last Post of Journal I)

6. Run scans against the newly created Watchlist

Hope that helped.

- Spydertrader

 

looks like a rocket on the 5 minute for SYX

in @ 22.64

 

In IAAC at 19.3890 average, 1000 shares. Let's see what this guy is willing to give today.

- Huskydog

 

Sold out of the IAAC for a 14 cent profit. I'm not sold on the volume in this guy today. I thought that more might come into it as the stock went up. but it didn't yet and its lunchtime.

 

Dangit, COGO gave a nice clear beginner's long signal. I was all set to click the transmit button on the order at $15.25.

Then I kept saying "no I'll wait for a better price". Then it shot up and left me behind and then it was after 11:00. Bah, I'm such a wimp.

I need to start just banging on the market button on these things and stop worrying about getting a better price.

 

I know how you feel, i do the same stupid thing all the time... hopefully one of these days i'll learn.

 

When it meets all the criteria, price is no longer a factor. At this point you are either right or wrong. When you enter a trade, if you do not feel that you made a good decision, then the best thing to do at that point is to get out. Most of the time ur gut instinct will get you out of trouble. Once you start placing more trades and see the repeating cycles happening over and over your mind starts to become more at ease, and trading becomes much easier.

For example I just started messing with futures. When I enter a trade I get this crazy adrenaline rush and am ready to sell at any second. This is because I am not comfortable in trading Futures like I am with stocks. And in addition, I do not have much experience.

This psychology applies to anything you newly experience while under pressure : )

- Monkman