LIVE TRADING ACTION - Scaling & Reactive Trades - June 9th 

can't agree more, he answer my question very quick as well.

@@haifeipan476 seriously.

@@UndefinedLastName there is more than 1 room, I think 4 to be exact. depends

the amount of free stuff you guys do led me to the group and everyday i learn more and more...cheers....at some point you realize you need to be around other professionals who understand what the f is going on and this is a solid group of professionals no doubt.....not to mention the one handed baby holding executions...lol...now that is mastery :)

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??

I hope you practice too?

@@shannicedavidson2702 yes

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Start with terminology/slang here - could someone explain what do you mean by saying front side/back side?

I think he is referring to a front side of the move as a ramp up with volume. Backside of the move is when it attempts new lows. Once he realizes that it is not breaking down, he asjusts his risk by buying the dips and then selling more if it goes to new highs - eventually unloading it all at the bottom. How does he know it’s going to drop? - he has identified a stock that has a high probability of making a decent retracement - This may be an analysis from the daily or other higher time frames. I’m not exactly sure, I am not in room, but this is what it sounds like to me, from watching the video and his explanation in the comments. I could be wrong tho, so don’t take my word for it. Nevertheless, it’s great to see videos like this of people trading their system!

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere??

Its all relative, whether you're trading 500 shares or 50,000 - For example, if you started with 100 shares looking to build into 500, you wouldn't feel like the "stock was going against you" - it would be more a case of "looking for points to add, to get your full size off" . . Its no different with 50,000 shares, albeit a little more scary for spectators watching ! ;-) cam

I didn't mean to imply you were being reckless, just reacting spontaneously to being $15k in the hole, but your reasoning makes sense.

After a huge gap up (1.2 previous close to 2.4 next day open - 200% ) Nate was reasonably counting for the price to go down. Of course, after such a green kangaroo tail it will bounce back down. But keep in mind he is starting trading before the opening bell at 7 am eastern. He was pretty bad negative during those hours though. I think the regular recommendation will be like if you are down 1-2% of your capital the stop loss order should be waiting for you at that price an so you get out. This might be an example of a stubborn trader which Nate is often characterized himself. I would have covered I guess after the price went a few percent above the short positions to open up shorts at the higher position once again. So that would repeat again until the price was at 2.7 and it is profit on the short after that. The price fell to 1.9 today so you are looking at 70% if my math is right. But this is all much easier said post factum than done.

@@MichKid14 you have the price, volume, some linear regression which I never heard anyone is using and some unknown straight-line channel - how do you even know where is high and where is low, where you open and where you close? No stochastic, no nothing. No price channel to know what percentage of the channel you have earned already to assess how good is your position. No percentage earned on the position as well just amount, price, unrealized. Not saying about so many tickers analyzed. I followed all you tickers since yesterday and have 31 new ticker!! How do I even know which one to look at, not saying when is the right time, where to buy and where to sell. Obviously not a full-time trader and it is not 1 or 2 year of trading but still very overwhelming! Especially the gain. Also, it is hard to realize that on these 20-50-70 cents you can make huge money - normally don't want to open more than a few grands position on a penny stock as too risky but IZEA was big and unrealized loss was big and still shorting more and more...

Hey Dan - Its all relative, whether you're trading 500 shares or 50,000 - For example, if you started with 100 shares looking to build into 500, you wouldn't feel like the "stock was going against you" - it would be more a case of "looking for points to add, to get your full size off" . . Its no different with 50,000 shares, albeit a little more scary for spectators watching ! ;-) cam

@@MichKid14 Just need to know and understand your format so I can decide if it fits my style.

@@MichKid14 I still will likely sign up soon.

Sorry for writing you, just out of curiosity your page come up on my suggestion friend list so I was just wondering if I knew you from somewhere?

Nathan Michaud I’ll take the advice. Thanks Man. Didn’t mean so sound like an asshole was probably having a shit day.