The Official Day Trader Thread and Diary

[secret1122]

Jan 31, 2011 10:44:36 GMT -5 skippy said:

I will only post one result today... Don't want to bust the bubble...

OREX in 8.52 out 10.00 17.37% Yawns... 29.8% day

It was due to break out... been tracking it as posted above Just got lucky? skill baby skill LOL

Well played Bread. Excellent day.

[traderrick]

Now...if I shorted OREX when you got out, I would be a genious! Or at least real lucky.

[skippy]

Feb 1, 2011 8:06:15 GMT -5 traderrick said:

Now...if I shorted OREX when you got out, I would be a genious! Or at least real lucky.

HOLY COW... You got that right.. I had to quit early yesterday... I can say this... OREX will be watched today

[traderrick]

Gap Up: BIDU,MTW,LXK,KLIC
Gap Dn: OREX,ENR

[skippy]

well... the fat boy drug got turned down.. dang, I had high hopes of losing weight too.. OREX, VVUS are in the same boat... both worth watching imo OREX could fit somewhere in my long term plays after it settles. Stock picks are texted out..

[skippy]

KR pre-market 21.40,

[traderrick]

Gap Up: ERTS,APKT
Gap Dn: GNW,NUAN,HSP

[georgiem]

Others:

POP: MGIC,LZ,WFR,CAM,TWX
Drop: WHR,BRCM,NDAQ,ENTR,ABB,BSX,ALV

[traderrick]

Gap Up: GMCR,BJ,NETL,FRG
Gap Dn: ISIL,ANW,ONNN

[traderrick]

Gap Up: JDSU,AET,FNSR
Gap Dn: CSTR,PWER,LVS

[traderrick]

Gap Up: CHK,DHR
Gap Dn: QCOR,SYY,WY

[skippy]

Prior Post:

OREX, VVUS are in the same boat... both worth watching imo OREX could fit somewhere in my long term plays after it settles. Stock picks are texted out..


anyone else have OREX long term? 2.52 up 57.9% VVUS 6.38% Love those drug companies..

[coyote7]

gem question. when you post 10% on chk how long of a time frame are you using and how does the % compute in percentage /day?

[gemtrader]

Feb 7, 2011 10:36:27 GMT -5 coyote7 said:

gem question. when you post 10% on chk how long of a time frame are you using and how does the % compute in percentage /day?

1/20/11 27.63 - 2/1/1 30.55 10.03% 9 days 1.12% per day
12/20/10 24.55 - 1/12/11 27.73 12.36% 18 days .69% per day
11/15/10 22.30 - 12/15/10 23.11 2.99% 23 days .13% per day
11/8/10 22.33 - 11/9/10 23.22 1.76% 2 days

idk if my #days calc includes holidays or not, does not incl weekends


I am having a lot of distractions, and am trying to plan so that I could stay in most trades overnight or longer, if I have to. It is hard right now on some days to follow the room. Contractors, etc, often. I have discovered they like to show up between 9 and 10.

[coyote7]

Thanks GEM for the info I can appreciate your time crunch
I am trying to assess the advantages of whether to hold overnight or for longer and what might be the advantages or disadvantages It seems that the strategy we use in the chat works very well for day trading if applied properly and diligently, but sometimes I am not always able to trade every day and I am trying to look for something that will allow me to trade successfully at those times however I think it is inappropriate to discuss it in the chat room as I feel the chat room should be mainly reserved for day trading . Thanks again for your time and info. If you have any ? shoot me a message.

[Scalpem]

CNXT received a rival offer at 2.35-2.45 and posted a narrower than expected loss. Stock is up in the aftermarket to 2.40 area.

Watch it in the AM for a jump, I am going to get out tomw !!

[traderrick]

Gap Up: XIDE,KND,VSH,MT
Gap Dn: BR,AMLN

[Scalpem]

Congrats Clark- DIS is up after reporting,nice play !!

[traderrick]

Gap Up: ATML,JOE,RL,TTWO
Gap Dn: MOTR,IR

[traderrick]

Gap Up: WFMI,SQNM,ECA,SCSS
Gap Dn: TQNT,AKAM,CSCO,AMKR

[traderrick]

Gap Up: TTM,PNRA
Gap Dn: EXPE,NOK,CEPH

[skippy]

PNRA can't hold over 12.00.... in at 12.32 waiting for the big drop



typed tooooo fast... 112.00 in at 112.32 out 109.83 i still think it's not good here at 111.00 watching for another play @ 9:37am

ok here we go again 114.89 out 113.50

going again soon

in again 114.40 it's a jumper watching it this time for a big downward trend... set stop at 113.50 it could go back to 110-109 follow down with wide gap to protect profits

dang... did not get big run down 114.40- 113.55

still worth watching again

over 4% just on this one.. Long term this stock will not hold these values... price of business will drag it down later this year. (information provided for long term players)

[secret1122]

I wanted to let everyone know I won't be trading today. I'll be back tomorrow.

[traderrick]

Gap Up: STEC,MTW
Gap Dn: GMCR,JOE

[traderrick]

Gap Up: LLNW,BCS,MAR
Gap Dn: FOSL,CLI,WLT

[skippy]

How will this effect us?? No more shorts? Trading in German?

www.msnbc.msn.com/id/41596886/ns/business-world_business

[Heinrich Mueller PhD]

As had occured in Germany, brokerage houses will be forced to raise their transaction fees as was the case when Bourse bought Eurex,the derivative exchange. Fees for both listings on the exchange and costs of transactions went up dramatically. I believe they went up in the 15-20% range. They also insitituted more restrictions on dealers and retail customers.

Whle your article did not indicate these tings, you will hear about it in the days and months ahead as regualtory approvals are sought.

[traderrick]

Gap Up: FDO,VCLK,DELL,DLTR
Gap Dn: OMX,DF

[skippy]

I know that you guys think newtrader is me but he isn't. There should be one more person i know come in as well. I just wanted to say thanks for treating him good.

Michael

[traderrick]

Gap Up: WMB,WTW,CLF,RBCN
Gap Dn: NTAP,SKX