Comments on: Day Trading 1.29 Part 2 Live Stock Trading

By: Hexactinellida2

Hexactinellida2 — Sat, 19 Dec 2009 18:40:47 +0000

you guys are awsome, cant wait till your website is ready

By: rutasr

rutasr — Sat, 19 Dec 2009 18:02:22 +0000

Great videos, Andy what rules do you use for exiting losing trades?

By: andyatm2000

andyatm2000 — Sat, 19 Dec 2009 17:33:34 +0000

Of course the entry is the most important part of the trade. That is where the money is made. When I enter a trade I aways look for general exit area where I will get out if it goes against me. It might be a moving average or a support/resistance area. I also take into consideration what the overall market is doing as well. The important thing is not to freeze up. Get out and move on.

By: mrbeanbag

mrbeanbag — Sat, 19 Dec 2009 16:53:22 +0000

Is there a site somewhere that shows the sectors that are moving and the main stocks within that group or do you set them up one by one? How do you find those big volume movers? Is it all through your alerts service? Thanks heaps.

By: MMecham532

MMecham532 — Sat, 19 Dec 2009 16:35:11 +0000

You guys should set up a skype or some other audio chat on a subscription basis where you could give chumps like me some real time guidance.

By: nhlkats

nhlkats — Sat, 19 Dec 2009 16:16:30 +0000

Can you show this exit strategy on losing trades in future videos? I tend to focus more on the negative P&L of a losing trade instead of an exit area. It would be helpful to learn how to identify and cut losers quicker.

By: andyatm2000

andyatm2000 — Sat, 19 Dec 2009 15:52:29 +0000

Most software has a feature called a “watch list” where you can imput just about anything you want including sector holders or ETFs so you can monitor them.

Most of the big volume movers are found on our alert service. We also have a watch list of about 150 stocks that we update periodically that shows us stocks hitting 5,10,15 min. highs. That enables us to catch the move early at times.

By: andyatm2000

andyatm2000 — Sat, 19 Dec 2009 15:09:09 +0000

We’re working on it.

By: andyatm2000

andyatm2000 — Sat, 19 Dec 2009 15:05:04 +0000

I will do my best to demonstrate it for you in the near future

By: m1l0ka

m1l0ka — Sat, 19 Dec 2009 14:24:36 +0000

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