Posted by eddiegold on 27th of Mar 2023 at 10:33 am
Quick newbie question about alerts: I saw the BBIO stock idea
originated mar-15th but was alert was sent today. Was it on a
watchlist since mar-15th? How long do these trades usually
take to complete (intra-day, weekly, longer)?
hello eddiegold - regarding those pop out alerts etc - please
read over this old FAQ, again this FAQ greatly needs to be updated
but the comments about the pop up alerts is true - those are simply
alerts that we set near trendlines or important areas. Just like
you might add a list of stocks to a watchlist at your broker and
you set price alarms on the stocks to alert you once the stock hits
those - it's the same thing there. Those are not direct buy and
sell trade alerts sent out by us, they are simply alarm prices that
are pre set. Sometimes we forget to cancel those out and the alarm
pop out might continue to go off until we cancel it
yes the trigger was last week - today price pulled back and held
that broken trendline - a stop could probably go just below that
trendline
1. Make sure you READ summary information regarding trade ideas
(alerts are not buy signals).
2. BBIO adjusted trigger lower based upon price action last week
- it triggered last week for a nice trade - follow your plan if
entering any trades. I will post chart shortly.
How long would depend upon price action and YOUR style of
trading - I suggest taking at least partial profits on any decent
percentage move and trailing stops on balance in accordance with
YOUR objectives/risk tolerance.
Posted by eddiegold on 27th of Mar 2023 at 11:17 am
Thanks for responding!
1. For READING: do you mean the links/news/Idea sections of a
trade idea (e.g.
https://breakpointtrades.com/watchlist/trade/?symbol=BBIO).
The newletter section is pretty brief and news seems too general.
2. How do I know when to enter/exit a trade if its not based on
alarms? Are the alarms used by each member to create their
own entry/exit points (i.e. trading plan)? That's fine by me, just
setting expectations.
eddie- so this website takes a bit different approach from a
lot of others - we have a combination of day traders, swing trades,
futures trades, hybrid traders, busy professionals such as
doctors/lawyers who can't watch the market but want an idea once in
a while or they use our site to help manage their 401K, or folks
who like systems trades like our SPY and ES systems, or KISS
systems
For the SPY and ES systems I send out trade notifications for
entries and exits - that's about as mechanical as you can get where
you just follow the trade entries and exits. I also plan to expand
this to other ETFs for a basket. The KISS systems are the same, for
example QQQ system is long on the trend side, and among other
things
Because we have traders from all walks of life all with
different risk/reward tolerances, goals, and interests, the
newsletter is meant to give analysis and ideas for these different
types of traders to pick and choose from. Market analysis,
commodities, trade ideas. Folks may decide to choose one or more of
the trade ideas and use our chart as a guide to trade it - and
everyone will manage the trade differently depending on if they are
a day trader or swing trader etc
if you need something 100% mechanical then the SPY and ES
reversion to mean systems are that, as well as much of the KISS
stuff
BPT is really more of a place for technical analysis nerds who
want ideas and analysis and systems trades, but who are also
willing to learn on their own and use our information to make their
own decisions. BPT is not a dumbed down website for marketing to
the masses
for many people it takes some time to get up to speed and figure
out what information to use and follow and what information to
ignore - please give it some time and we are here for questions or
a phone call
Posted by pgcookies on 27th of Mar 2023 at 11:38 am
Well... that lays out a lot of what I've been trying to get my
head around. I was trying to figure out how all of the feeds fit
together, but it's mot really meant to except in the more general
sense of using technical analysis. Tx
Posted by DigiNomad on 27th of Mar 2023 at 11:24 am
"The newsletter section is pretty brief and news seems too
general"
LOL, that's the 1st time I've heard that in my 8 years or so
in this community. To each his own. I like the current
baseline chart set. Keep in mind that it varies over time as
conditions change (e.g. more or less single stock setups at various
times, based on market conditions).
Posted by eddiegold on 27th of Mar 2023 at 01:49 pm
I was not clear :-). I meant the few seconds section of the
newsletter attached to each stock recommendation. I am still
absorbing the information. The actual newsletters are very
detailed.
Posted by eddiegold on 27th of Mar 2023 at 01:49 pm
I was not clear :-). I meant the few seconds section of the
newsletter attached to each stock recommendation. I am still
absorbing the information. The actual newsletters are very
detailed.
The list of tables below are ported directly from the nightly
newsletters. This section is simply meant as a condensed list
where you can see all the trade ideas in a simple tabular form from
all the recent newsletters.
There are two tabs, one for ‘New Ideas’ and
one for follow up on recently trade ideas. When you click on the
stock symbol, you will be brought to a page for that particular
stock where you can play our recent audio comments and additional
information.
Remember these ideas are simply a list of trade ideas for you to
choose from if they meet your risk tolerance and preferences. They
are not buy and sell recommendations.
Also the alarm pop up windows are simply alert prices that we
set near the ‘breakpoint’ areas of the stock, they are simply alarm
prices and not direct buy and sell signals.
We discuss many different types of entries - YOU must refine
your approach and trade accordingly. On the BBIO chart I
outlined a few valid entries as an example.
Quick newbie question about alerts:
Posted by eddiegold on 27th of Mar 2023 at 10:33 am
Quick newbie question about alerts: I saw the BBIO stock idea originated mar-15th but was alert was sent today. Was it on a watchlist since mar-15th? How long do these trades usually take to complete (intra-day, weekly, longer)?
hello eddiegold - regarding those
Posted by matt on 27th of Mar 2023 at 11:21 am
hello eddiegold - regarding those pop out alerts etc - please read over this old FAQ, again this FAQ greatly needs to be updated but the comments about the pop up alerts is true - those are simply alerts that we set near trendlines or important areas. Just like you might add a list of stocks to a watchlist at your broker and you set price alarms on the stocks to alert you once the stock hits those - it's the same thing there. Those are not direct buy and sell trade alerts sent out by us, they are simply alarm prices that are pre set. Sometimes we forget to cancel those out and the alarm pop out might continue to go off until we cancel it
yes the trigger was last week - today price pulled back and held that broken trendline - a stop could probably go just below that trendline
Great! Thanks for clarifying!
Posted by eddiegold on 27th of Mar 2023 at 01:53 pm
Great! Thanks for clarifying!
Welcome eddie - 1. Make sure
Posted by steve on 27th of Mar 2023 at 10:37 am
Welcome eddie -
1. Make sure you READ summary information regarding trade ideas (alerts are not buy signals).
2. BBIO adjusted trigger lower based upon price action last week - it triggered last week for a nice trade - follow your plan if entering any trades. I will post chart shortly.
How long would depend upon price action and YOUR style of trading - I suggest taking at least partial profits on any decent percentage move and trailing stops on balance in accordance with YOUR objectives/risk tolerance.
Thanks for responding! 1. For READING:
Posted by eddiegold on 27th of Mar 2023 at 11:17 am
Thanks for responding!
eddie- so this website takes
Posted by matt on 27th of Mar 2023 at 11:30 am
eddie- so this website takes a bit different approach from a lot of others - we have a combination of day traders, swing trades, futures trades, hybrid traders, busy professionals such as doctors/lawyers who can't watch the market but want an idea once in a while or they use our site to help manage their 401K, or folks who like systems trades like our SPY and ES systems, or KISS systems
For the SPY and ES systems I send out trade notifications for entries and exits - that's about as mechanical as you can get where you just follow the trade entries and exits. I also plan to expand this to other ETFs for a basket. The KISS systems are the same, for example QQQ system is long on the trend side, and among other things
https://breakpointtrades.com/ts/sts.php?chart_group=BPT_basket
https://breakpointtrades.com/new_spy/
Because we have traders from all walks of life all with different risk/reward tolerances, goals, and interests, the newsletter is meant to give analysis and ideas for these different types of traders to pick and choose from. Market analysis, commodities, trade ideas. Folks may decide to choose one or more of the trade ideas and use our chart as a guide to trade it - and everyone will manage the trade differently depending on if they are a day trader or swing trader etc
if you need something 100% mechanical then the SPY and ES reversion to mean systems are that, as well as much of the KISS stuff
BPT is really more of a place for technical analysis nerds who want ideas and analysis and systems trades, but who are also willing to learn on their own and use our information to make their own decisions. BPT is not a dumbed down website for marketing to the masses
for many people it takes some time to get up to speed and figure out what information to use and follow and what information to ignore - please give it some time and we are here for questions or a phone call
Well... that lays out a
Posted by pgcookies on 27th of Mar 2023 at 11:38 am
Well... that lays out a lot of what I've been trying to get my head around. I was trying to figure out how all of the feeds fit together, but it's mot really meant to except in the more general sense of using technical analysis. Tx
Thank you. Makes sense.
Posted by eddiegold on 27th of Mar 2023 at 11:36 am
Thank you.
Makes sense.
"The newsletter section is pretty
Posted by DigiNomad on 27th of Mar 2023 at 11:24 am
"The newsletter section is pretty brief and news seems too general"
LOL, that's the 1st time I've heard that in my 8 years or so in this community. To each his own. I like the current baseline chart set. Keep in mind that it varies over time as conditions change (e.g. more or less single stock setups at various times, based on market conditions).
I was not clear :-).
Posted by eddiegold on 27th of Mar 2023 at 01:49 pm
I was not clear :-). I meant the few seconds section of the newsletter attached to each stock recommendation. I am still absorbing the information. The actual newsletters are very detailed.
I was not clear :-).
Posted by eddiegold on 27th of Mar 2023 at 01:49 pm
I was not clear :-). I meant the few seconds section of the newsletter attached to each stock recommendation. I am still absorbing the information. The actual newsletters are very detailed.
Trade Ideas Discussion Page
Posted by steve on 27th of Mar 2023 at 11:22 am
The list of tables below are ported directly from the nightly newsletters. This section is simply meant as a condensed list where you can see all the trade ideas in a simple tabular form from all the recent newsletters.
There are two tabs, one for ‘New Ideas’ and one for follow up on recently trade ideas. When you click on the stock symbol, you will be brought to a page for that particular stock where you can play our recent audio comments and additional information.
Remember these ideas are simply a list of trade ideas for you to choose from if they meet your risk tolerance and preferences. They are not buy and sell recommendations.
Also the alarm pop up windows are simply alert prices that we set near the ‘breakpoint’ areas of the stock, they are simply alarm prices and not direct buy and sell signals.
We discuss many different types
Posted by steve on 27th of Mar 2023 at 11:21 am
We discuss many different types of entries - YOU must refine your approach and trade accordingly. On the BBIO chart I outlined a few valid entries as an example.
Got it. Happy to learn
Posted by eddiegold on 27th of Mar 2023 at 01:52 pm
Got it. Happy to learn how to do the work and looking forward to learn by osmosis from the experts!
You will learn much but
Posted by steve on 27th of Mar 2023 at 01:53 pm
You will learn much but like anything it will be absorbed over time - listen to every newsletter for starters