December 9th 2020

Alex Temiz [AT09] 07:02

CNET / RCON long trades... if you cant beat em.. join em!
Modern_Rock 07:16
CNET top is set
and now under vwap
2.8x line
CNET Shs Float15.87M and the vol has not rottated so i wont be playing the boiunce
and focus on the top line short
if CNET vol heavily rotated the float i might do the first boucne
but its under VWAP and no float rotation so i pass the bounce long

Modern_Rock 07:27
CRIS if you think .50 is not enough gains and took 0 off when you're up that much at support lines...
that's pure greed

James.Freedlender [Moderator] 07:44

CNET I took a long when we reclaimed 3 and held, added through vwap. Sold into the 20 pop which now
seems too soon, but with longs when I take them I like them to move quickly
Modern_Rock 07:45
$CNET off 3.22
Modern_Rock 07:47
$CNET LINES LINES LINES LINES
James.Freedlender [Moderator] 08:02
CNET was long on the vwap reclaim but we just couldnt get over .16 / Flipped short and now flat at 2.99
Alex Temiz [AT09] 08:09
meanwhile RCON shorted the lower high
Modern_Rock @modern_rock
There are two types of people: those that are humble and those that are about to get humbled.
So many making lots of money and so many losing lots of money.
Win with class, lose with honor. Because one day u will be on the other side.
Stay humble everyone

Modern_Rock 08:30
i coverd out NTEC from the 8 line short but man this was scary
reason i shorted NTEC was the top was set. But man it moves SOOOOOOOOOO THIN and QUICK so be
fucking careful! i use the F word on purpose
Harry Hoss [Moderator] 08:39
Guys if you feel something is impossible to long on the way up that means the backside will be
impossible to long on the way down because every fomo long will be trying to scale all the way down
and get trapped causing the stock to become even more heavy. There is a difference between the chart
on the left and the chart on the right here
Alex Temiz [AT09] 08:44
RCON out more
James.Freedlender [Moderator] 09:08
XBIO scaled 4/4.25
Modern_Rock 09:09
$CNET

Alex Temiz [AT09] 09:16

as a short seller we are not looking to attack hot stocks above VWAP like XBIO..... we want BROKEN
STOCKS. Loook how much higher VWAP is on RCON... thats the bounce i wanna short
not XBIO that is close to HOD lol
knowing which stocks to AVOID is as key as knowing which stocks to trade
it is the SAME PROCESS every day
Modern_Rock 09:32
$CNET
TBradley90 09:41
Everyday make sure you draw your lines and MAJOR resistance zones as a short. re: CNET
Modern_Rock 09:41
$XBIO
Modern_Rock 09:42
$CNET
Modern_Rock 09:43
$XBIO sacling all out covered
image.png
Modern_Rock 09:43
$CNET all out
Modern_Rock 09:46
$NTEC nice!
Modern_Rock 09:48
$XBIO nail and BAIL only!!!
Alex Temiz [AT09] 10:05
XBIO stuff move example. Notice the elevated volume into key resistance area and rejection on big ass
volume and continuation lower. This is my favorite signal of topping action
Modern_Rock 10:09
$NTEC
symmetrical trading

Modern_Rock 10:23
Bad trader thoughts to be aware of
- "I'm not up enough, let me stick around to make more"
- "I'm red today, lets try to make back my losses"
- "Theres no way I can be wrong, it's just tricking me"
- "Dear lord, please let me get out alive and I promise never to do this again!"
many trading errors can be solved by sizing down & widening your stop range. let the stock work for u.
you're always stopping out b/c u size too large, so your stops are too narrow as a result.
you will be surprised at how you can actually make more w/smaller size!
Chun Yang Teh [Lifetime Member]
Modern_Rock 12:30
CNET tanked at the open and never bounced
so i waited and had blind orders at the line while i went to exercise (edited)
i was scaling to 2.32 and 2.37
since the vwap is 2.57
so it is very deviated far away so the odds are difficult for a reclaim since so far deviated. but doesnt
mean i will go crazy all in. because a 20 blackjack hand gets beat by 21 often too
and when that does, you can go broke unless you have proper risk management

Alohatrader [Moderator] 14:58

We are looking at 2 things
Does the GLSI tank continue.
Regardless of #1 can the new stocks SLS BNTC GENE GOVX keep the train running themselves without
the leader. Basically can they feed off of each other and the momentum that has already started