Disqus - Latest Comments for yt_knight

Re: The Week Ahead 8-31-09 UpsideTrader

yt_knight — Tue, 01 Sep 2009 09:23:50 -0000

Joe, any guidance on RMBS with the big gap down?

Re: Choppy, Could Be Coiling UpsideTrader

yt_knight — Mon, 31 Aug 2009 10:56:03 -0000

Thanks Joe. I must have misunderstood.

What is the stop on PWRD for those of us who had it trigger? It is now at $38.67.

Re: Choppy, Could Be Coiling UpsideTrader

yt_knight — Mon, 31 Aug 2009 10:05:37 -0000

Did anyone else get PWRD? It (unfortunately) triggered for me at $40.14 the other day... I didn't see a stop but I thnk I have to dump it here at $38.4...

I also followed Joe into DRYS off of his twitter post but didn't see Joe's sell. Think I need sell that too here.

Joe, if you have thoughts here I would appreciate them.

YK (aka Charlie Brown)

Re: Update UpsideTrader

yt_knight — Fri, 14 Aug 2009 11:23:57 -0000

Is SEE still a short @ 18.25 on your watch list? I didn't see it up there in your most recent post...

Re: Update UpsideTrader

yt_knight — Fri, 14 Aug 2009 11:18:09 -0000

Do you still like ZEUS? I missed the entry but could buy here @ 27.63... or... would you wait for a move back up to 29 or... take it off the watch list if we missed it?

Re: A Churn Higher and Another Bull Win UpsideTrader

yt_knight — Wed, 05 Aug 2009 13:32:44 -0000

Stopped out of HGSI , and SUN earlier - both, just above LOD (good grief)
Riding the wrong side of RVBD and TDC... (I would like the stop on RVBD as well)
Broke even on SMN (thankful)
Up on USB (thankful) but not enough to offset either stopped or riding losses.
UYM just went positive!

My stop on RVBD is 20.23 (just above day-high & right near 3% loss) unless I hear differently from Joe.

Re: Video Update UpsideTrader

yt_knight — Tue, 28 Jul 2009 15:17:50 -0000

No shares were shortable for SNDA on Fidelity either...

Re: Video Update UpsideTrader

yt_knight — Tue, 28 Jul 2009 15:17:40 -0000

No shares were shortable for SNDA on Fidelity either...

Re: Video Update UpsideTrader

yt_knight — Tue, 28 Jul 2009 14:54:39 -0000

Having a bad day... Got stopped out on the ones mentioned except PJC which I fortunately missed. I am long CREE though.

Followed in on SMN and took the exit at 14.87 right after seeing Joe's tweet that he got stopped out... Of course, it bounced from there.

YK aka Charlie Brown

Re: Uprend In Tact UpsideTrader

yt_knight — Tue, 28 Jul 2009 14:11:20 -0000

Joe,

What is your stop on yoru SMN day-trade?

Re: Uprend In Tact UpsideTrader

yt_knight — Tue, 28 Jul 2009 10:17:59 -0000

Joe, you note that the FEIC entry at 25.12 didn't trigger. It did for me. The HOD was 25.18.

Re: Earnings UpsideTrader

yt_knight — Thu, 23 Jul 2009 18:11:41 -0000

Thanks kkaech.

I have been trying to evolve my trading style to Joe’s. Your suggestions are very helpful. Do you take any of the orders away during the last 15-20 minutes of the day as well or is it just the start-of-trading that you are careful of?

Thanks,

Re: Earnings UpsideTrader

yt_knight — Thu, 23 Jul 2009 10:55:53 -0000

I got out of IBB, JNPR, LEAP, and CREE yesterday for a couple of reasons...

1. Got stopped out of too many last week & didn't want to take losses on a big pull-back with Cashin & Roubini lacking confidence.
2. Didn't hear from Joe since Monday 6am-ish (no guidance/hand-holding from the master to the amateur(s)).

Flat on profit/loss but basically missed all triggers.

I, too, am having a hard time catching moves manually. I guess when we have 10 stocks that pre-trigger that we should set up automated buys for all so that I (we) catch the entry-points better. With a margin account I can over-extend on the orders & then cancel orders that haven’t triggered in order to not go into margin. As I take profits on trades I could reinitiate automated orders that haven’t triggered. Is this a good strategy?

Re: A Tuesday Follow Through Would Be Nice UpsideTrader

yt_knight — Wed, 22 Jul 2009 13:40:13 -0000

Where's Joe?

Re: Update UpsideTrader

yt_knight — Fri, 17 Jul 2009 15:00:32 -0000

Joe, is CREE still on the watch list? It is at 29.21 & the trigger was (is?) 29.23...

Re: Update UpsideTrader

yt_knight — Wed, 15 Jul 2009 17:35:27 -0000

Joe, what do you think of FLS as a long play?

Thanks,

Re: Trade UpsideTrader

yt_knight — Tue, 14 Jul 2009 12:24:20 -0000

Stop Loss at 28.45 didn't fill until 28.55...

Re: UPDATE UpsideTrader

yt_knight — Mon, 13 Jul 2009 19:38:24 -0000

Thanks Joe. It seemed as though you had more confidence in POT than others as POT was approaching its entry. At the time, POT was approaching (which was fast) I was trying to figure out whether I should exit RTH and set a short trigger to enter POT. In hindsight, I wish I would have done exactly that since POT was a big winner and RTH is now under water... I missed a couple of your other winners for the same reason.

When you list triggers, they all appear to carry the same weight (i.e. it is hard to tell which you are most confident in). I imagine you have a preference though but I would expect your preferences to change as the trading day/week unfolds. Just trying to figure out how to make sure that we ride the winners and hop of the others that either tread water or submerge on us...

Thanks in advance,

Re: UPDATE UpsideTrader

yt_knight — Mon, 13 Jul 2009 18:06:58 -0000

Joe, how much of your portfolio do you allocate to trades? If you go to near 100%, how do you handle triggers that happen when you are fully invested? Do you sell some to enter others?

Thanks,

Re: Alert UpsideTrader

yt_knight — Mon, 13 Jul 2009 11:50:48 -0000

Ouch.

Re: Into the Close UpsideTrader

yt_knight — Wed, 08 Jul 2009 15:32:56 -0000

Still like WCG? It kicked at 16.80.

Re: Adjusted Stops UpsideTrader

yt_knight — Tue, 07 Jul 2009 12:02:04 -0000

Couldn't get YGE at Fidelity either.

Re: Monday Update UpsideTrader

yt_knight — Mon, 06 Jul 2009 14:06:05 -0000

Hi Joe.

I just subscribed last month.

I am currently in RTH and MON. Got these because I caught close to the entry points (along with the BRCD long which stopped out).

The other day, I held off on entering BHI, EOG, and CNX because entering would have required trading in the first 15 minutes of the day. I thought I read in one of your posts to be a little more cautious at the start-of-trading and end-of-trading. I really missed out on these stocks because after they continued down I didn’t want to chase them. I would much rather have been in BHI, EOG, and CNX than the three that I did catch.

This happened to be when you were out of town so you weren’t able to provide more detailed guidance on entries.

My question is… when you set an entry point, should we just set entry-triggers & let them fill – assuming you didn’t caution us about other events? Should we avoid entries during first/last 15/30 minutes of trade as a rule or was that a one-off that I (thought I) caught a few weeks ago?

Thanks in advance…

Re: Sunday Night UpsideTrader

yt_knight — Mon, 06 Jul 2009 09:56:40 -0000

BRCD Stopped out.

What is the stop on RTH again?

Thanks,