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Strategies & Market Trends : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (1302)7/28/1998 11:55:00 PM
From: electra  Respond to of 2120
 
I'm interested, please post.
electra



To: Ken Wolff who wrote (1302)7/29/1998 12:02:00 AM
From: Sodapop  Respond to of 2120
 
Sounds like a good idea Ken. I would be interested in any lessons or ideas you may have.

Todd



To: Ken Wolff who wrote (1302)7/29/1998 12:16:00 AM
From: Brentsky  Read Replies (2) | Respond to of 2120
 
Ken,

that would be great. More useful information on most of the SI threads would be welcome right now!

Max, as far as Ken's chat room goes, it is very, very good. I just joined and if you can handle the chat room format, Ken offers something over other chat rooms. Good calls, professionalism towards each other (occasional jokes permitted) and no hyping!

Ken's expertise is calling the entry and exits of stocks. He is incredible, bordering on genius. I have been demo trading with Cyber and today was great. He called a short on a stock at 30. He kept saying it would go to at least 29. The MMs were trying to raise it up and some of the traders (including myself) almost got out. Ken kept calling for (at least) 29. The stock got down to around 281/2. $1,500 on one call, not bad!

Then, he has classes during the slow times (9:30 PST I think) and they are very good also, he provides information on stock movements (momentum), ECNs, etc., in an easy to understand dialogue.

Ken's system is great for beginners, or anybody for that matter. Experienced traders like Darren probably have their own system, but I believe Ken's knowledge is well worth what he charges per month (only 10% of today's call would have paid for the entire month!) The key is to learn and not loose money. I'm fairly confident one can learn and make some money with Ken.

Brent




To: Ken Wolff who wrote (1302)7/29/1998 1:00:00 AM
From: David Meyer  Read Replies (1) | Respond to of 2120
 
Hi Ken - I'm sure there are many that will be pleased to see you resume posting. When a pump and dumper posts, why not ask them to leave or to post elsewhere. Your knowledge will be useful to all that follow you. In fact if you start to post again, a lot more people will show up here and at least as trial members to your service.
Regards,
DM



To: Ken Wolff who wrote (1302)7/29/1998 1:13:00 AM
From: Darren  Respond to of 2120
 
Please let me know if there are still some serious traders on this thread that are interested.

I would always be interested, and I don't think I'm alone...



To: Ken Wolff who wrote (1302)7/29/1998 1:49:00 AM
From: Jeffe  Respond to of 2120
 
Ken,

I would very much like to see you reactivate this thread.

I've been a lurker through several threads for some time. This is my first post to SI. I went back through and read every post in this thread, in order, because I felt that in addition to what you taught, your method of teaching was wonderful. I've printed just about every post of yours and read them several times. I was saddened to see the decrease in your postings as I approached the 'current time'.

Just the prospect of additional postings has motivated me out of my lurker cave :)



To: Ken Wolff who wrote (1302)7/29/1998 8:29:00 AM
From: H-Man  Read Replies (1) | Respond to of 2120
 
Yes Ken, we are here. I mostly paper trade, but on occasion will make a small trade, that I see as very high odds, using your general guidelines.

As far as the P&D, as you probably noticed, SI has mechanisms to deal with some of it. The landscape of SI is changing, both good and ugly. Recent WSJ Interactive article discusses paid promoters on SI and What SI can and cannot do.

Message 5321418

I believe this thread can take steps to keep itself clean. Let us keep in mind that, as we have seen, posts can be removed, spammers get suspended. Perhaps you, as the founder of thread can have a discussion with Jill, to see what steps can be taken. For example:

1. When a tout spout comes here with a stock, the serious participants inform Jill and ask that the post be removed. Change the header to state that that will happen.

Remember that if the poster is spamming(20 posts/6 hours), they will be removed and suspended without any help from us. Such activity is automatically brought to the attention of SI, but I does not hurt to help it along.

2. See if it is possible to prevent any person who does so, from ever posting on this thread again. I have heard that this is or soon will be possible, but have no first hand knowledge of such. As the owner of this thread, It would be your right to dis-allow anyones posting privilege, for what ever reason.

It might also be worth-while to share the information (of the spammer) with irby, Steve Goldman and other trading technique threads and have them do the same, if they so desire. In the recent incident the same ____ ______, posted the same message on 3 of the 4 trading threads that I read. I will post this message to those folks as well.

3. The first person who finds such a post should simply inform Jill and the thread owner, via PM. Lets have the post removed without a publicly stated word.

Until such a system is implemented (assuming you agree and it is possible), the first person to find the post, should tell the person to take it elsewere. Lets not all jump on the bandwagon and flame the person, just creates too many posts that are not needed. I know we like to support each other and recently Darren supported me when I did so and it is appreciated. I would say though that the spamming persons, shall we say im-polite response, I find gratifying, as it is a measure of how effective I was.

Interested in yours and others thoughts.

Harry



To: Ken Wolff who wrote (1302)7/29/1998 3:00:00 PM
From: Lupins  Read Replies (2) | Respond to of 2120
 
New to investing and I have been following this thread (which is extremely helpful the majority of the time...sans candlestick)for a month now quietly to listen and learn...please do..help a newbie.



To: Ken Wolff who wrote (1302)8/1/1998 5:33:00 PM
From: saju chacko  Read Replies (2) | Respond to of 2120
 
i am interested.... i have recently become a daytrader and have learned more lessons in my first two weeks than i've learned in a year about the regular stock market...

the name of the game is definitely to preserve capital....

next, know your stock and it's main MM's... try to figure out what they are doing.... and then act upon your indicators....

also... you MUST have self-control.... if things aren't going you're way you must have the ability to keep your head on straight...

know the terms that are used in day trading.... especially all the different calls.... a reg T call is very serious and you want to know how one is created and whether or not creating one is worth it.... this goes for margin calls too...

there's alot more... i hope we can cover them....

Saju