How the Hell Does He Do This?

Okay, he called this at the EXACT minute it started the run. How does he know? He knows tons of stocks and how they have behaved in the past is why. Says JADE has done it 6 other times on big white candles. Um kay. Plus he watches the HOD list continuously. That's how he sees them quick. The ones he knows from the past.

Running the stat scan nightly is a great way to learn stocks as you see many of them time and time again hit the scan. Look at the charts and you start to build a "runners database" in your head. Then when stocks you know hit the HOD with volume/momo, you instinctively know what to do. Hit the buy button.

TSS 12/6 -LOST 8% 1 DAY/10% 2 DAY/FAILURES

NFI CHNG BMD DEIX VLNC EEE CLWR GFET TOPT SSTR CLNE BLG HOKU RTK KOG GTOP GRO GRS SHFL ETFC

TSS 11/30

SUF BONT BLG WTSLA ENT CMRG GNVC VM IQW GTOP ADVNB PBY ETFC SMRT CENT BRLC CTR PSEG PRPL ENCY

This is the one I run every night.
It's the lost8% 1 day/lost 10% 2 day/failures scan.

Myself I have it set at:
close is between 1 and 15
average volume(10) above 250000
Also I rank them in order of their frequency top to bottom by number of times they have run 10%+ in the last 100 days.
I like to have at least 20 watches so you'll see in order to get 20 I needed to drop price down to .50 to get the last 2 matches.

So if you are following along I have this watch list today plus the lists from the basic TSS that I only run once a week for Monday thru Friday and the list of momos (8%+) from the last 3 days off both those 2 lists I just mentioned.

TSS UPDATE 11/29

PEIX which if you look at the 11/28 TSS update is on that list went gonzo today.

That is why I keep 2 day's previous lists still loaded on my watchlist and 3 days worth of the momos off each respective list. (Where PEIX came from.)

Here's how I use the whole concept of the TSS.

(1). Run the 1 day 8%/2 day 10% lost/failures list EVERY night and load the top 20 in order of times they have run 10% or more in the last 100 days.
(2). Run the basic stat display once a week on the weekend and load all stocks in order of times hit 10-19% down to and including only 7 hits in 100 days.
(3). I keep 2 previous day's lists of (1) explained above and a list of the momo runners off the list from the past few days.

Today's 1 minute PEIX chart.











That whole list today.Market not that great but these were pretty good.













A shot of the (1) method described above that shows todays watches.
As I've said before if you're a daytrader this stat scan seems to give me a huge edge

TRO STAT SCAN UPDATE 11/28

Over the last few days there have been some great trading opportunities off these stat scans.
All these nice runners were either picked up on the basic TSS (Tro stat scan) and /or on the 1 day lost 8%/2 day lost 10%/failures TSS.

Here's a list of the ones which ranked very well in regards to the odds favorable for a decent run once they go green,quite a few I traded.


CNEH YTBLA PURE UTSI SCA JADE APPY SCON NRMX HOKU JRCC OCNW CBF YTEC FUQI RAMR MMPI EMAG NM PEIX

RE:FAILURES AND BACK LISTS

If you look at the screen shot from yesterdays "combining" post of the 8% losers you will see that there were 3 very big losers.
VXGN was down 25%, TA 23%, CAMH 18%

All 3 of these were up nice today, VXGN 22%, TA 6%, CAMH a whopping 70% and catchable as it crossed $1 just after 10:30.
I not only spotted it on the high of day list but on my other monitor as I was "flipping" through my watchlists.

Which brings up another point.
I keep a few days worth of all my lists and every 10 minutes or so to give my eyes a rest from the rolling hod list I quickly flip through every list I have to scan for stocks that look to be on a move with volume.
While on that same list with CAMH I saw FXPE was up a few % at 1.14, bid/ask flipping which I term getting "jiggy".
In about 90 minutes it ran to 1.33.
This was a bonus of keeping a few back lists as I never once saw it hit the hod list.

Podcast Interview

Muddy's interview with Tim Bourquin, of traderinterviews.com.

TRO STAT SCAN 11/15

ACA UTUC ACUR VLNC JSDA CHVC EXAS CPNLQ WWAT APIO SHRP TARR UTVG SCA JRCC HSOA SSTR CTDC CHNG FMT

COMBINING FOR A BIG EDGE

Taking TRO's stat scan and adding the 8% momo gain and lost 8% list,2 that I have used with great success for years now, gives me a super arsenal in the battle for the edge.

Here's a screen shot of the 8% gains I had on watch today.
Btw, QSC that you see on it has been on the list since a close of 1.92
And I first picked it up on 11/12 at 1.50 RIGHT OFF THE HOD LIST WITH SURGING VOLUME.
The hod list as you know is invaluable for me

Here's a screen shot of my 8% losers list I had on watch today.
This thing rocked today! 7 double digit gainers today!
Needless to say with these 3 lists I ripped it today.
I said this exactly 1 month ago in my Oct 14 post: "THESE PAST 6 WEEKS HAVE BEEN THE BEST DAYTRADING MARKETS I HAVE EVER SEEN".
And nothing has seemed to change.

FAILURES AND THE STAT SCAN

The list for today had a pretty good day despite a red market day.
The "fails" did particularly well.
The failures were TNRO SCON ACUR JSDA LUM AKNS SVA CPNLQ EEE

The 7 reds for today definitely go on tomorows watch.
Here's a screen shot of todays list:

TRO STAT SCAN 11/14

TNRO SCON ACUR BCON UTUC ACA ZVUE VLNC PNPFF JSDA LUM AKNS CHVC EXAS ASUR GBT SVA CPNLQ EEE WWAT

If you look at yesterdays list there are a few on this list that I refer to as "failures"
These are ones that failed to close up for the day.
These can be some of the biggest runners once they hold a % or 2 green.

Note that there can be 1,2,3 day and even longer failures!

TRO STAT SCAN 11/13

TNRO CTDC ASTIZ SCON ACUR SUF DSTI VG JSDA LUM AKNS SVA CBAK CPNLQ EEE SLTN UGTH JADE FXPE NTWK

On Green

MOMO FOR MONDAY 11/12

Another crappy market day Friday but there were enough 8% gainers to fill up 2 20 stock watch lists:

PMI RDN MPEL ONT SAPE NFI TWMC NWY TGIC BBX AMIS SVA PTSEF CORS DFR CPKI MNTA GNCMA HEES SMRT SDTH EXAS XRM GTOP GUPR ABTL ORS NAVR CXZ FXEN COSI MMPI SOEN IASCA INPC WWEI BRST TNRI TPDI MVBY

I watch these closely on the hod list for moves on volume.

I WANT STATS AND AN EDGE

I've said it before a bunch of times,you need an edge in trading anywhere you can get it,no matter how small each one is.
They all add up if you want to become a better trader.

Unless you are a personal friend of mine I want every edge I can get over YOU!
Don't get me wrong,I want everyone to do well or else I wouldn't blog and try to share everything I know.
It's nothing personal,I just need that aggressive attitude to trade the best I can.
And I respect and admire anyone that I feel trades better than me,no jealousy whatsoever because they have no doubt worked for it and have found their edges.
Case in point is a trader in our chat, Loki.
I have no doubt in my mind Loki is a better trader than I am.
I know that he has worked hard and I bet he'd tell you the same about his "edges".

The scan below in the last post imo is awesome for giving one an edge.
It was written by Avery,aka Therumpledone, who many know as an awesome coder.
Over the last 4+ years he has helped me out tremendously and this scan "display" for me is his best work yet in giving me,as a daytrader, a big edge in finding potential big gains on runners off green hits.
The thing is, I know most of these runners,but only because I've been trading for so long and study the charts of the high dayrangers and momo stocks.
But if I was newer to this type of trading this display filter I'd consider worth it's weight in gold.
There is no other way to learn more potential runners faster and easier.

So anyway these are the ones I've come up with as having the best odds of giving a nice gain on a green hold.
Average volume (10) I adjusted to 250000k.

These have lost at least 10% in the last 2 days:

ASTIZ SCON ACUR MXOM JSDA LLNW JADE FXPE WCI LUM NINE CPSL TMTA EEE PTT CRDC BONT SCA CDS QXM

These have lost 8% in the last one day:

PLX FMT VG CHVC ONSM NTWK CSIQ ESLR MIVA NDN SATC DFC

Filters for Finding Runners

The first 2 filters here (written by Avery, aka The Rumpled One) are great for finding stocks that have run in the past and what percentages they have run daily in the past 100 days. Find it here.

Thanks go out to Avery for these filters.

Going Long: Bwaaaaaa! I'm crying!

CF blowout E/R, we bot in our long port on 1/29 (click here). Up 236% at the AH price. Annualized gain is 315%. But did we buy it with real money??? Nooooooooooooooooooo.

WATCH LISTS

Because we have had quite a few new members in the last couple weeks I've put up my watchlists in case they run these filters also to see if they match fairly closely.

I've run these same filters every day over the past 6 years and believe me it has given me knowledge of stocks that have potential to run.

There are new chat logs posted for last Mon though Thurs.

Many recent Ipo's have been literally zooming, it pays to list them and watch them if you have the time and are knowledgeable in that area.

On watch Monday is lowfloater ANTP, earnings were released after the close on Friday.
This stock has run huge at times in the past.
Not for the faint of heart and only if you can watch closely during the day if it starts to run.

I continue to put daytrading profits into mutual fund CGMFX and last week opened a position in etf FXI in which I also hopefully will long term with daytrading profits

THESE PAST 6 WEEKS HAVE BEEN THE BEST DAYTRADING MARKETS I HAVE EVER SEEN.

BEATEN DOWN WATCHES 10/15

CWTR INPC CTEL TOA XJT SHRP NWD FMP GBT CYTO THLD CCBEF CAMP CHS BZH LUM LEV IMH OZN SDRG

MOMO WATCHES 10/15

TIBX GIGA IFON HLYS INNO URRE HEB MCU GAI HSWI BZP CERS CKSW TXCC ICOC CPHI CRTX CAMH DPDW CHNG HLCS PRVT LONG GSI CXZ CNWI CAGC TTGL SLRY KIRK SOFO KRY NTWK PARL STSI GTEC ETLT MLORF SCOX FMDA

DAYRANGERS WEEK OF 10/15

GIGA IFON SPF CTEL BZH LUM CBAK SDTH VG SHRP INNO KONG ONT NWD GBT NINE LEV CPSL SSTR CDS GAI HSWI CTDC CPHI ORS CAMH DPDW CNEH ZVUE CNTF ATS CLWT PRVT SPKL CNLG SOIGF NOEC CHME ESRG NEOL