Trading the markets with Alan Rich.

Yep, let's kick ass again this afternoon., Dave.
Rhetorically speaking, of course. It is not a threat to violently abuse the people taking the other side of our trades so should not be taken literally........................... ;-))
Richard
 
Yeah, but on the other side. Without people taking the other side, we couldn't take any size on our positions, right? LOL

We gittin' nasty here! ahahah

-Dave.
 
I didn't kick ass but I managed to accumulate a profit of +112 points on NASDAQ stocks without the help of Level II.

Is that ok ?
 
On via-trader weve been following TIE all morning. What a stock that turned out to be.
Check it out in the daily charts as well.

Alan
 

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TIE is up 700 points from its low so far today.

Sad to say i only grabbed 277points from the move but thats the way it goes. I'm sure many other US traders and via members enjoyed the ride as well. I'm just pleased that i was able to find it before the market opened.

Alan
 

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My constructive argument is this, i look at the Dow and during this period of time today it trades in a range of 73 points i look at a blue chip stock like EBAY and it trades in a 44 point range. During the same time frame this afternoon i look at Cable an it trades in a 56 pip range.

Now at times i trade those other items and i enjoy doing so, as do many others. However for purely financial reasons, ie to make a living, i believe that i should be looking to trade items that give me strong potential movement and what else better than focusing, daily on the hottest stocks out there. I maybe a little sad that i ONLY made 277points, when there was a potential 700 on offer, but its a sight more i would have got trading choppiness in some other instruments where the only winner today would have been my broker!

Alan
 
Great trading as usual, Alan.
There were wonderful moves on other RED HOT stocks today as well, with early moves on TZOO ($1.20) SINA (66c) and BIDU ($3.03).
Don't you just love these movers ! ;-)
Richard
 
Naz said:
TIE is up 700 points from its low so far today.

Sad to say i only grabbed 277points from the move but thats the way it goes. I'm sure many other US traders and via members enjoyed the ride as well. I'm just pleased that i was able to find it before the market opened.

Alan


Hi Naz

Signed up for the 5 day trial on Via Trader

Must say was very impressed , had 2 $1+ runs from TZOO and TEVA, ironically mistimed TIE twice and had two losing trades, guess intra bar price was too volatile for me.

Best results I have had in weeks.

Be interested to see what evening/afternoon calls are made

Cheers

Andrew
 
I certainly do love those movers Richard.

Andrew i'm glad you like the service. I'm also glad i found TIE for you all today.


Alan
 
neil said:
NAZ
When is the Forex service coming?
Neil, if this is a potential new facility in relation to Alan's commercial website, why don't you post the question there, on his website? Or ask him directly via PM or email?

Or are you on commish?
 
Forex service on Via Trader (Naz's site)

TheBramble said:
Neil, if this is a potential new facility in relation to Alan's commercial website, why don't you post the question there, on his website? Or ask him directly via PM or email?

Or are you on commish?

I prefer to use this page for the benefit of all. I am not on commission. If I am wrong the Mods. would delete this post. It's not a new facility, it has a start date for end of April and I trade forex, thus I am asking if it is still awaiting release. Go and tilt at windmills elsewhere Bramble. :D
 
I just wonder why you posted here (t2w) rather than on Alan's site, since the question was focused on his service rather than anything on t2w specifically.

While I can understand Alan's (and any vendor's) desire to get some of the FX 'action' - which is immense, there needs to be due diligence. Alan has always concentrated on NASDAQ and LII. FX is very, very different.

To my knowledge, Alan has never actively participated in FX related threads nor declared any expertise in this area.

The FX markets have no volume and don't have the same discrete trading sessions that many of Alan's setups seem to require.

As I say, while I can understand the commercial sense in attempting to grab a slice of the vast FX traders market, but for anyone to do so, purely on the back of a service which focuses on a vastly different market would be negligent.

As for tilting at windmills - that's rather emotional Neil. I'm just voicing justifiable concerns at continued use of this site (and this thread specifically) for advertising commercial services - a usage which does not seem to be available to other members.

I also want to make sure anyone entranced with what is effectively a 'tip sheet' service understands the ramifications of basing their trading strategy on a 3rd party service which may not always be around.

The less things you need to depend upon, especially those over which you have little to no control, the less things can go wrong.
 
Hi Guys i'll answer things.

First of all i dont own the site i just work for them. I just happen to be the first trader they got up and going and so at times it looked like my site. The next is that they will be getting a number of traders up and going, trading different styles and markets, guys that specialise in each field, which will have nothing at all to do with me. Of course a lot of things i say about things going nowhere is said with a smile on my face becasue of the friendly rivalry i have with traders that trade those other instruments.

On Friday they will be launching US swing trader, after that Forex. Details from [email protected] ....but (and this is said with a smile on my face)... you know which section will always be the best it'll be the "US day trading section." I'll be following moves that other traders just dream about because i'll be watching and giving the heads up on the hottest stocks out there. Like the comments i made at the beginning of this joint 1000 point run last night.


Alan
 

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I also trade Forex, swing trade US stocks, swing trade UK stocks, trade the indices including the DOW occasionally and invest in the UK markets. I have found that the skills you get from day trading can be passed over to other markets especially the UK for swing trading.

I have also used US day trading techniques to spot key reversal points on Forex, especially Cable. I believe because day traders are trading all the time their skills build up so much they are able to see moves in other charts no matter what that market might be. After all a chart is a chart. All you have to do is open out your mind and look at the bigger picture to see how your potential day trade slips into the underlying story of the instrument you are trading.

I can also spot entry points in UK stocks for swing trading and the start of moves just by putting an intra day chart next to an end of day one and using day trading techniques which i turn into a swing trade.Indeed some of the guys i've taught use this method to swing trade the UK market. I attach a copy of a 33% move in the last week and a half on the UK market, just by doing this.

Alan
 

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Trade for today, +356 points profit in the first half hour of trading, why? because it was a hot stock.

Aattached are my heads up before the open to watch it. My account entry and exit and the chart.

Alan
 

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