The Super Terrific Happy Hour

Discussion in 'Journals' started by Max E., May 19, 2017.

  1. Max E.

    Max E.

    The chat is www.investorsunderground.com its a couple hundred bucks a month but you get a huge discount if you pay for the whole year at oncethink its like 1500 for the year, which is what i do, but well worth it as a resource, some amazing traders there and the main guy puts out a video recap of the day every couple days. as well as webinars once a week, lots of valuable info there, plus some of these guys in the room are amazingly quick on breaking news, its like having a paid news service and a scanner all in one thing. so you dont need anything else. Its a really solid community of traders too any questions you have, they will answer and help you, if you pm someone. Ive been there for 3 years would recommend them to anyone. some of these guys are whales in there. think they offer a free two week trial if you wanna check it out.

    Another chat thats free where the head trader is an absolute whale is www.stocktraders.net , but pretty sure hes just trying to establish a base of ppl, so he can eventually start charging. The headtrader there trades like 50-100k share positions on shit thats moving.
     
    Last edited: Jun 3, 2017
    #151     Jun 3, 2017
    vanzandt likes this.
  2. Investors underground is $1397 a year, I'm too cheap for that :)
    I'll check out the stocktraders chat
    Thanks,
     
    #152     Jun 5, 2017
  3. Max> You say you want to hold longer intraday (Hours instead of minutes)
    Idea: Find a trader that trades that timeframe and have him sit next to you at your desk. Everytime you want to close your position, talk to him. (Maybe you can even offer him 20% of what you make over 1k/day or something) I am sure there will be traders who would like a bit of cameraderie for a few months. I would do it myself if it were 10 years ago, but family etc...
     
    #153     Jun 5, 2017
  4. Max E.

    Max E.


    Yeah the way i look at it, i used to pay for Trade the News and trade-ideas as well for real time scanner of shit thats moving, now i just use the chat room, and ive seen these guys beat trade the news for breaking news so its basically like a professional news service and a scanner as well, so i justify it like that.
     
    #154     Jun 5, 2017
  5. Max E.

    Max E.


    I klnow its something i can get around eventually just takes time, i never used to have a problem with it,I think i just have to really work hard to define my terms on a trade before i enter instead of just looking at something and reacting to the chart and L2.
     
    #155     Jun 5, 2017
  6. Max E.

    Max E.

    Was a little late waking up today and it cost me, should have had CLSN when it first broke 3.50 premarket, also i noticed NAV at about 27.75 which i would have noticed earlier just a textbook breakout but didnt want to chase it maybe should have taken small size in both of them.

    Went bottom fishing on TGTX not the kind of trade i normally do, but thats the kind of trade thats just a total reactionary trade you buy the snap down and got to admit pretty quickly if the offer is just absorbing and its not snapping back up, ended up losing like 50 bucks on 400 shares, so it was basically a nothing trade but happy i didnt get myself into trouble with it, and start averaging down cause those are the ones that will kill yyou if you get into an add add add situation.

    Other than that bought a couple June 23 61 dollar BBY calls for 61 cents, thinking it goes 65 plus eventually. BBY was something i want to hold so tried buying the calls instead, they either go to zero or the trade works out, soo how this works for me.
     
    Last edited: Jun 5, 2017
    #156     Jun 5, 2017
  7. Max E.

    Max E.

    TGTX.png
     
    #157     Jun 5, 2017
  8. vanzandt

    vanzandt

    XLK $58 puts look good at .76

    Untitled.jpg
    Just a thought. No position
     
    #158     Jun 5, 2017
  9. [​IMG]
     
    #159     Jun 5, 2017
  10. Max E.

    Max E.

    LOL, amazing this thing has 9 lives, not sure id want to short this again up here cause its just been a slow steady grind right back up in too it rather than happpening in a couple days.

     
    #160     Jun 5, 2017
    Chuck Krug likes this.