regarding the ATHM, No. 60 announcement on the 21/09 newsletter,
you mention that we should check it, set alerts, establish a pivot
point, a stop, and we make money.
TWO QUESTIONS:
1) if I've understood well do I have to place a limit order in
both directions below and above the coiling move, since it could be
played up or down?
2) By the time I received the text message, about ATHM, the
stock was at 63ish, already 3$ down. So what is the alert for then?
To try to catch some movement playing retracementS to the 9 and 20
ema, and then place market orders from there?
Can you do a video about these topics, or direct me to something
you have done maybe? Thanks Max
Massimo - the alerts should be set on your brokers system (sound
and visual) and they should be real time with no delays. (set
alerts above/below trigger prices for early warning).
Not sure what you mean by a text message, we provide the setups
with price levels to monitor but it's up to YOU to set appropriate
alarms with YOUR quote provider.
Lastly, some stocks are much more volatile than others and
setting appropriate alerts and dealing with gaps are
important.
You can reach me after hours to discuss these matters - send me
a private message with your contact information.
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Limit or market Orders
Posted by massimo on 22nd of Sep 2017 at 06:34 am
Hello,
regarding the ATHM, No. 60 announcement on the 21/09 newsletter, you mention that we should check it, set alerts, establish a pivot point, a stop, and we make money.
TWO QUESTIONS:
1) if I've understood well do I have to place a limit order in both directions below and above the coiling move, since it could be played up or down?
2) By the time I received the text message, about ATHM, the stock was at 63ish, already 3$ down. So what is the alert for then? To try to catch some movement playing retracementS to the 9 and 20 ema, and then place market orders from there?
Can you do a video about these topics, or direct me to something you have done maybe? Thanks Max
Massimo - the alerts should
Posted by steve on 22nd of Sep 2017 at 08:54 am
Massimo - the alerts should be set on your brokers system (sound and visual) and they should be real time with no delays. (set alerts above/below trigger prices for early warning).
Not sure what you mean by a text message, we provide the setups with price levels to monitor but it's up to YOU to set appropriate alarms with YOUR quote provider.
Lastly, some stocks are much more volatile than others and setting appropriate alerts and dealing with gaps are important.
You can reach me after hours to discuss these matters - send me a private message with your contact information.