Stock Market Trading and Analysis for 04/28/2008
Part #1 of an important two part discussion on entries and stops. Take the time to listen carefully, hear the message, and see how some of these ideas agree with your risk trading plan! Remember: You will consistently hear me reference previous videos during my nightly presentation. That’s because each new video builds upon the last as we demonstrate real world trading and investment analysis. Take the time to review all of our videos to expand your market awareness! You’re welcome to subscribe to our videos to keep up to date on the latest market analysis and techniques.
Important disclaimer and reminder for all Traders and Investors! These videos are for educational purposes only. Equities, Futures, Options, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Absolutely do not trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell equities, futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this channel. The past performance of any trading system or methodology is not necessarily indicative of future results. Absolutely consult your Registered Financial Advisor and your Risk Trading Plan before ever investing or trading any financial instrument!
Duration : 0:9:24
This entry was posted on Wednesday, February 17th, 2010 at 6:02 pm and is filed under market trading. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.
One of the most …
One of the most informative videos that you have SnP. Well for me anyways. You touched on several key issues which i would guess 100% of traders experience. I know Ive said it before but Ill say it again. Thank you for your work. It TRUELY is appreciate by low margin traders.
BTW, MY DOG BETTER NOT LEAVE ME NO MATTER WHAT!
Jack
February 17th, 2010 at 6:02 pm
Hi allinfutures!,
…
Hi allinfutures!,
From what I’ve seen personally, and heard from our traders here during the surveys I’ve conducted in the channel, I have to agree. You’ll NEVER here me claim the Holy Grail, or promise millions and get rich quick schemes.
All I can offer anyone willing to listen is some sound trading strategies that will perhaps compliment their trading plans as they have mine. Thank you for your thoughts and comment on the video!
Regards and good trading!,
SnP
February 17th, 2010 at 6:02 pm
Hi Tony!,
Thank …
Hi Tony!,
Thank you very much. That means a lot coming from you since we’ve spent time working together! As a Mentoring Contest winner and beyond, you can personally speak for what I’ve tried to do to help, and how generous I’ve tried to be with my time. So thank you again!
Regards and good trading as always sir!,
SnP
February 17th, 2010 at 6:02 pm
most of the clowns …
most of the clowns with 10-point stops don’t trade; either brokers or only making money in chat rooms. i’ve seen it all. buy ES, sell NQ and only talk about the winning trade in the chat room. 90% are complete frauds. Why would a guy with the holy grail of trading tell anyone about it for a small fee? I did like this video.
February 17th, 2010 at 6:02 pm
Hey SNP excellent …
Hey SNP excellent teaching. Your hard work is very much appreciated. Thank you Tony
February 17th, 2010 at 6:02 pm
Hi there Doctor!,
…
Hi there Doctor!,
Thank you very much for your words of encouragement! Anyone who has seen the last three months worth of videos knows I’m trying to accomplish good things, meanwhile trying to help the new or struggling traders avoid the same mistakes I’ve made in the past, as have others!
Gabe was posting here, I was emailing him privately. I hope that wires just got crossed. We’re professional here, so we’ll all move on and do good things now!
Regards and thank you Dr.!,
SnP
February 17th, 2010 at 6:02 pm
SnP don’t pay …
SnP don’t pay attention to the trouble makers “responding” encorages more negative banter…just shut off the comments…other sorces do same here…easy..please keep up the good work…and thankyou.
February 17th, 2010 at 6:02 pm
123,
As the …
123,
As the videos and posts have stated. There is only criticism of things that may harm the new or inexperienced traders. Each one can make up their own mind. Btw, you once again overlook there’s a part #2 tomorrow. To be so venomous, you must run a chat room that does this kind of thing I take it? Otherwise, if you really wanted something improved, you wouldn’t take this approach. I guess the next step is to ban you. I’ve been tolerant enough.
SnP
February 17th, 2010 at 6:02 pm
123,
I have no …
123,
I have no problem with people disagreeing with me. As I even mentioned in my video, not every one will. The real question is why didn’t you respond to either of my emails to you asking you what you’d like to see in part #2 to make sure it wasn’t erased by me during editing. You also didn’t respond to my public request for additional info in these posts. So it appears you’re only here to be disruptive, not really participate. That won’t be tolerated.
SnP
February 17th, 2010 at 6:02 pm
Do people notice …
Do people notice that out most of the 10 minutes is devoted to describing the past and criticizing other people?
February 17th, 2010 at 6:02 pm
Hey Steve!,
I …
Hey Steve!,
I want to make clear that I’n not saying that every person that has a chat room out there is a horrible person personally or professionally. HOWEVER, if anyone instructs you to take larger losses than profits, that’s a SERIOUS problem. That’s my point there!
Although as a follow up to that, when I asked every trader here in open forum to privately send me who they liked and who they didn’t like, there were two or three likes and mountains of dislikes.
Regards!
SnP
February 17th, 2010 at 6:02 pm
Erasing comments …
Erasing comments that disagree with you does not show character.
Why did you do that? TWICE.
February 17th, 2010 at 6:02 pm
Hi there Steve!,
…
Hi there Steve!,
Go to Google and type in “who guns for traders stops” and then “pit traders doing stop runs.” Disregard the “stop gun violence” hits that come up and read some of the trading related articles. Then the next time you and I are on the phone we can talk about it even more after you read those!
Regards and talk with you soon!,
SnP
February 17th, 2010 at 6:02 pm
Hi Q!,
Over the …
Hi Q!,
Over the years I’ve witnessed MANY traders (including myself back in the day when I was always searching for quality help earlier on) feel the emptiness you described.
That’s why I always try to solicit constructive feedback to make this channel a different kind of learning environment. That won’t make the guru’s who do these things to their cliets very happy. But it needs to be said. I’ve heard way too many horror stories to overlook it!
Regards and good trading!,
SnP
February 17th, 2010 at 6:02 pm
Totally agree SnP! …
Totally agree SnP! ! !
Years ago I paid for chat rooms – huge waste of money for most if not all of the subscribers!
IMO, keep out of them – especially if they charge a fee!!!
February 17th, 2010 at 6:02 pm
Hey SnP!
Getting …
Hey SnP!
Getting stopped out when you’re right is always a real kicker. Hate it when that happens!
Any thoughts on who “they” are? As in: “They’re gunning for stops”.
Wow, you’re right, this is a heck of a subject! Thanks for tackling it for us!
Steve
February 17th, 2010 at 6:02 pm
Another great video …
Another great video SnP! I agree with you. It’s so hard to find good sources of trading information these days. A lot seem to gladly take my money and then I feel empty. I’ve paid a little and paid a lot to the gurus. Result ends up the same. Thanks for being here as a voice of reason. Q
February 17th, 2010 at 6:02 pm
Hey Traders and …
Hey Traders and Investors!,
Just a reminder that Part #2 of this will be posted tomorrow night! Part #1 focused on some warnings and things to think about. Part #2 has additional information and examples. If there’s something specific you’d like to make sure was in Part #2 let me know, and I’ll try to make sure I didn’t edit it out from my original 60 minute piece or maybe add it in if I can make it fit!
Regards and good trading!,
SnP
February 17th, 2010 at 6:02 pm