Tuesday, November 4, 2014

Nov 04 2014

Very nice day with solid gains, calm trading without hectic movements. "Another day in the office" type.

Session Time: Tue Nov 04 00:00:00 2014
[09:00] {dino} gm 3i, glad i dumped those kors calls last week
01[09:00] {@Threei}  morning dino
01[09:00] {@Threei}  no kidding
[09:15] {nemo} These guys were an institution on NPR for 25 years and were always hilarious.  You might find there commencement address worth listening to:  http://goo.gl/7xtlih
[09:17] {Jenh} gm
01[09:18] {@Threei}  jen :)
[09:18] {nemo} twtr dropping
[09:19] {Jenh} sad news re car talk
[09:19] {Jenh} they were a great team 
[09:19] {JoebiWan} yup. used to listen all the time
[09:20] {nemo} yeah, makes sense why they stopped it a couple of years ago now
[09:21] {nemo} I didn't realize, when I was standing in Harvard Square, looking up at the window that said "Dewey, Cheatem & Howe" that those were their offices
[09:22] {Jenh} o cool
[09:22] {nemo} Cracked me up, actually made me think of The Three Stooges
[09:23] {ese} gm
01[09:23] {@Threei}  ese :)
01[09:24] {@Threei}  Upside:
01[09:24] {@Threei}  -VSR +10% (awarded $5.1M chemical splash protective suit framework contract from UK Govt)
01[09:24] {@Threei}  -MWW +7% (earnings)
01[09:24] {@Threei}  -THC +4% (earnings)
01[09:24] {@Threei}  -ALLT +3.7% (earnings)
01[09:24] {@Threei}  -WNR +2.8% (earnings)
01[09:24] {@Threei}  Downside:
01[09:24] {@Threei}  -SALE -24% (earnings)
01[09:24] {@Threei}  -HLF -14% (earnings)
01[09:24] {@Threei}  -RMTI -14% (FDA concerned by high dropout rate for the Trimeric studies)
01[09:24] {@Threei}  -S -14% (earnings)
01[09:24] {@Threei}  -KORS -10% (earnings; lowered SSS guidance)
01[09:24] {@Threei}  -CHGG -10% (earnings)
01[09:24] {@Threei}  -PCLN -6% (earnings)
01[09:24] {@Threei}  -REGN -5.6% (earnings)
01[09:30] {@Threei} Short Setup: FB  .20 break
01[09:30] {@Threei}  too fast
01[09:30] {@Threei}  disregard
01[09:31] {@Threei}  lol... 1L1 if you got in on bounce
01[09:31] {@Threei}  1:1
[09:32] {Jfjf64} Mornin
01[09:32] {@Threei}  jf :)
01[09:32] {@Threei}  sheesh TWTR
[09:33] {Jfjf64} Dal
01[09:33] {@Threei} Long Setup:  CCL  .10 break
01[09:33] {@Threei}  If holds  40 
01[09:34] {@Threei}  Invalidated  
01[09:35] {@Threei} Long Setup:  MGM  .65 break
01[09:35] {@Threei}  If holds  .60 
01[09:37] {@Threei}  Invalidated  
01[09:38] {@Threei} Long Setup:  TWTR  .25 break
01[09:38] {@Threei}  If holds  .15 
01[09:39] {@Threei}  1:1  
01[09:39] {@Threei}  1:2  
01[09:40] {@Threei}  going for 1:4
01[09:40] {@Threei}  1:3  
01[09:41] {@Threei}  nope, that's ot
01[09:41] {@Threei}  it
[09:41] {JoebiWan} sweet trade. ty
01[09:41] {@Threei}  yw
[09:41] {nemo} indexes coming in
[09:41] {Jenh} thx 3i!
01[09:41] {@Threei}  SPY rug pull
01[09:42] {@Threei}  yw jen
[09:42] {Jenh} .15!
01[09:43] {@Threei}  Raven is back on his perch
01[09:43] {@Threei}  cosmo is still lost in the cyberspace
[09:43] {nemo} hope he shits on ese
[09:43] {RonS} sheesh
[09:43] {JoebiWan} phaha
[09:44] {ese} whaaaaaaaaa.........wha'd I ever do to you
[09:44] {nemo} you were born
[09:45] {ese} ouch
[09:45] {Raven} lol
[09:45] {ese} greatest saying in the world...."don't get mad...get even"......
[09:45] {nemo} yep...and you've been saying that since I got here
[09:46] {Raven} {--- circling ese
[09:46] {nemo} wow...we got a rise out of Raven
[09:46] {Jenh} nooooo!
01[09:46] {@Threei} Long Setup:  TZA  .70 break
[09:46] {Raven} {--- circling nemo
06[09:46] * nemo loads goose gun
01[09:46] {@Threei}  change to .60 break
01[09:47] {@Threei}  If holds  .55 
[09:47] {nemo} How Raven sees the world: http://goo.gl/5dQFve
[09:47] {Raven} goose this!
[09:47] {ese} lol
01[09:47] {@Threei}  lol
[09:47] {Jenh} lol
[09:47] {nemo} I use motion guided rounds
[09:48] {nemo} they have a 24' proximity trigger, with a 20 yard blast radius
[09:48] {ese} Raven...buddy......we got some business to take of in Boston I can see.......I'll pick you up on the way down.......and ahhhh...lets take care of this sooner than later
[09:48] {Raven} {--- uses drones
[09:49] {Raven} and does not ride in car with Communists
06[09:50] * nemo pees pants
[09:50] {dino} wlk?
[09:50] {RonS} wlk met
01[09:50] {@Threei}  (US) Preview: Nov IBD/TIPP Economic Optimism expected at 10:00 ET
01[09:54] {@Threei}  oversat TZA... .68 - .69 was a good moment to partial out
[09:56] {Jenh} twtr?
[09:57] {Jenh} dal
[09:57] {Jenh} sorry  meant to write twtr but not dal
01[09:57] {@Threei}  numbers in 3
[09:57] {Jenh} ?
[09:57] {Jfjf64} Question my computer not letting me into trading room. Microsoft security essentials blocked content on this website any suggestions I'm on iPad now 
01[09:58] {@Threei}  10:00, a few economic numbers are coming
[09:58] {Jenh} o thx
[09:58] {nemo} I have a suggestion JF:  VODKA
01[09:58] {@Threei}  block microsoft securoty essentials
[09:58] {nemo} yeah, they suck
[09:59] {Jfjf64} Seems like that memo yesterday disaster today starting off
01[09:59] {@Threei}  it blocks mirc??
[09:59] {Jfjf64} Yes vg
[09:59] {Jfjf64} First time
01[09:59] {@Threei}  lol... imbecilic software
[09:59] {RonS} use it here never had a problem...
[10:00] {nemo} it's JF Ron
01[10:00] {@Threei}  *(US) NOV IBD/TIPP ECONOMIC OPTIMISM: 46.4 V 46.5E
01[10:00] {@Threei}  09:00 *(US) SEPT FACTORY ORDERS: -0.6% V -0.6%E
01[10:00] {@Threei}  stop to .57
[10:01] {dino} wlk sm l .51 gappy, wider
[10:03] {jfjf64} nemo if we didn't hv women in room I would tell yo wher to stick ya finger hit not ya nose
06[10:03] * nemo quivers with fear
[10:03] {jfjf64} im back
[10:03] {jfjf64} lol
[10:04] {jfjf64} turned on fire wall
[10:04] {nemo} It didn't work jf
[10:04] {nemo} you're still here
[10:04] {jfjf64} now hv to turn off for logix
[10:04] {jfjf64} lol
[10:07] {nemo} very little on algo so far
01[10:08] {@Threei} Short Setup: FB  .55 break
01[10:09] {@Threei}  If holds  .65 
[10:11] {nemo} volume patterns on spy very weird
01[10:13] {@Threei}  rorshach spots
[10:13] {nemo} it's the numbers of shares being traded, the counts very odd
[10:13] {nemo} the sub 100 odd numbers
01[10:13] {@Threei}  no go
[10:14] {JoebiWan} brb
[10:14] {nemo} IWM leading the way here stealthily
[10:17] {nemo} FB
[10:23] {nemo} wow only 19mil spy volume
[10:24] {jfjf64} what is avg for this time
[10:25] {nemo} hard to say because it rotates, but multiply that by 6.5 and that gives you the day
[10:25] {nemo} put it this way, the last 20 days have seen 173.46 mill, you're headed for about 120 today so far
[10:26] {jfjf64} ty
[10:26] {jfjf64} a lot traders out at the polls
[10:26] {nemo} FB looks short
[10:27] {ese} L kors .90
[10:29] {nemo} FB looks short under .70
[10:29] {nemo} stop would be above .80
01[10:29] {@Threei}  frikin TZA
01[10:30] {@Threei}  self-inflicted wound, shouldn't have to rush to tighten stop
[10:31] {ese} dino you following kors at all
[10:31] {jfjf64} ty nemo
[10:31] {jfjf64} 1:2
[10:32] {jfjf64} lets get to vwap
[10:33] {jfjf64} 1;3
[10:33] {jfjf64} go nemo
[10:34] {nemo} broken clock moment
[10:34] {jfjf64} funny how bounced right off vwap
01[10:35] {@Threei}  watching VXX for pullback entry
[10:35] {jfjf64} lets go vg
[10:35] {ese} there we go.....come on...let the short covering begin
[10:35] {ese} daaaaaaaaaaa
[10:36] {ese} come on kors ya turd
[10:38] {jfjf64} .20 vg wd be nice
[10:38] {ese} kors sell stop .45
[10:39] {ese} stop rather .45
[10:45] {dino} wlk gap fill, may
[10:46] {nemo} HFC
[10:46] {nemo} spready though
[10:47] {ese} Almost stopped …ya two bit no good fur nuttin crawlin lower than a snakes belly in a wagon rut stock ya…..
[10:47] {nemo} relative of yours?
[10:48] {ese} in a manner of speakin
[10:48] {Jenh} lol
01[10:48] {@Threei}  missed VXX... too shallow pullback
[10:48] {jfjf64} yes
01[10:49] {@Threei}  was counting for something under .30
[10:51] {ese} daaaaaa stopped .46 -.44
[10:51] {Jenh} sorry about that ese
[10:52] {dino} wlk sm l .16
[10:52] {ese} not a prob.......dino size shs 400
[10:52] {dino} nxst sm l .00
[10:52] {dino} stop .68
[10:52] {ese} was trying to channel dino but it didn't work.......he closed his mind off to me
[10:53] {dino} sorry ese, sidetracked
[10:53] {ese} lol
[10:53] {Jenh} lol
[10:53] {ese} you watch though.......this is going to bump up to about 70.75 or so........
[10:54] {ese} look at that flippin thing now
[10:54] {Jenh} anyone who plays shares with $1 spreads is probably quite sidetracked :)
[10:55] {dino} ;)
[10:55] {dino} nxst stop -.32
[10:55] {ese} i'm blaming everybody....everywhere....even vads book....when a stock mainlines up against a price like that it's suppose to go up.......and I believed in that book
[10:55] {ese} i'm destroyed
[10:56] {JoebiWan} dino, whats ur stop on wlk?
[10:56] {dino} lod break, only 300
[10:57] {ese} L kors .88
[10:57] {JoebiWan} ok... only 100 shrs here
[10:57] {Jenh} ese, u r right with hors 
[10:57] {Jenh} *kors
[10:57] {dino} if no stop, should do 66+
[10:57] {JoebiWan} ty
[10:57] {ese} tks
[10:58] {ese} i'll be right when this things hits 71.00
[10:58] {dino} jenh,talking to ese did you mean to put a w in front?
[10:58] {Jenh} no!
[10:58] {dino} lol
[10:58] {Jenh} only meant kors. darn spell check
[10:59] {dino} wlk, trades wicked
[11:00] {ese} ohhhh. just noticed the H........lol
[11:04] {ese} dino what da ya think about kors
[11:04] {nemo} looks long
[11:04] {nemo} but seller at 72
[11:04] {dino} buy vwap sell here
[11:04] {nemo} forming C&H
[11:04] {dino} that could be breakout, hihger high
01[11:05] {@Threei} Long Setup:  IWM  .50 break
[11:05] {nemo} as I said, long
01[11:05] {@Threei}  If holds  .40 
[11:06] {nemo} this .50 level resistance for kors
[11:06] {ese} out kors .47 +.60
[11:06] {dino} gj
[11:06] {Jenh} gj
[11:06] {ese} sorry +.59
[11:06] {dino} well then that sucks
[11:06] {Jenh} still great
01[11:07] {@Threei}  lol
[11:07] {dino} :)
[11:07] {ese} ya 3/4 lot to make up for the loss
01[11:07] {@Threei}  don't encourage him jen, 1 cent short today, 2 tomorrow... ina year he will brag about losses
[11:07] {Jenh} lol
[11:08] {ese} excuse me!!!!!  I represent that statement
01[11:08] {@Threei}  Invalidated  
[11:08] {ese} the statement?
01[11:08] {@Threei}  not you ese, IWM
[11:09] {dino} 07 fast scroll red
[11:09] {ese} ya sure......I've heard that one before
[11:09] {nemo} bounce time indexes
[11:10] {nemo} S3 .08 on SPY natural whole number support too
[11:10] {nemo} wouldn't be surprised if they check the other side
01[11:10] {@Threei}  man... cosmo is in tech hell
01[11:10] {@Threei}  bounce is close
[11:11] {ese} i must be missin something....what news came out today that has made the mrkts tank
[11:11] {nemo} well, at least he's not with ese
01[11:11] {@Threei} Long Setup:  IWM  .35 break
01[11:11] {@Threei}  If holds  .25 
[11:11] {ese} huh
[11:11] {RonS} NATO saying Russian troops approaching Ukraine border
[11:11] {nemo} tech hell is better
[11:11] {ese} oh.......ha ha ha........
01[11:12] {@Threei}  approaching? they are inside, lol
[11:12] {dino} all putin needs to do is shut off the gas pipeline and its his
[11:13] {RonS} just posting what crossed news feed for the guy who refuses to read anything then asks what the hell is going on...  :)
01[11:13] {@Threei}  hehe
[11:13] {dino} thanks ron, appreciate it
01[11:14] {@Threei}  not really dino, it's no longer that simple
01[11:15] {@Threei}  1:1  
01[11:15] {@Threei}  his war turned Ukraine into absolute pool of hatred for him and Russia
[11:16] {Jenh} 3i, how did you see this happening?
01[11:16] {@Threei}  turn off gas to Ukraine, they will start siphoning it from european pipe
[11:16] {Jenh} iwm not russia and ukraine
01[11:17] {@Threei}  turn off that, you break all your pobligations and lose trading partners you depend on for survival
01[11:17] {@Threei}  and their economy is at the brink as it is
01[11:17] {@Threei}  I didn't jen
01[11:17] {@Threei}  that's not how I trade
01[11:17] {@Threei}  I don't look in the future, guess or predict
01[11:17] {@Threei}  I simply take valid setups
[11:18] {ese} exactly....thats old news.....Russians have never left Ukraine.....
[11:18] {Jenh} how did you see the set up then because I didn't see anything there
01[11:18] {@Threei}  lose some, win some, but as long as setups are valid, statistically I am ahead
[11:18] {Jenh} what did i miss 
[11:18] {dino} he has a third eye
[11:18] {Jenh} i think this is true
01[11:18] {@Threei}  it's a trend reversal setup, BMR in 111 Trades
[11:18] {nemo} thank god only one mouth
[11:18] {Jenh} thx
[11:19] {Jenh} y can't i read faster
[11:19] {nemo} does your family tree have branches?
01[11:20] {@Threei}  and yes, I do have third eye, but I had the cosmetic surgery to hide it. Double benefit: no one knows I see them through, and I am just a tad less ugly
01[11:20] {@Threei}  no single word nemo
01[11:20] {@Threei}  just don't
[11:20] {nemo} hehehehehehe
01[11:20] {@Threei}  :)
[11:20] {nemo} wow, was just loading the barrel
[11:20] {Jenh} arg it's at the end of the book 
01[11:20] {@Threei}  I could just see him trying to chose from 15 responses
[11:20] {dino} we call it making snowballs
[11:21] {nemo} yeah, that's why I was so slow
01[11:21] {@Threei}  see? third eye
[11:21] {ese} am outta here....wife has made cookies for my calculus class.....don't want to be late
01[11:21] {@Threei}  take care ese
[11:21] {ese} actually....have an interesting story about that class
[11:21] {nemo} hemp cookies?
[11:21] {Jenh} bye ese
01[11:21] {@Threei}  lol
[11:21] {Jenh} lol
[11:21] {dino} cya ese
01[11:22] {@Threei}  ok IWM, let's do it
[11:22] {jfjf64} holding nicely
[11:22] {ese} no not hemp cookies....2 years a go there was a young lady who put in my class and she was from Afghanistan
[11:22] {dino} joebi, wlk
[11:22] {nemo} ahhhh....poppy cookies
[11:23] {ese} she showed me this picture of her in a militia holding an AK47
[11:23] {dino} vwap 66.40
[11:23] {nemo} kors 72 seller came back
[11:24] {ese} My class was her first day in a Canadian school and it just happened to be the day that my wife had made cookies for the class....she couldn't believe it was happening to her
[11:24] {JoebiWan} yeah, didn't trigger my .99 order
[11:24] {dino} thought you had 100
[11:24] {dino} oh, sell you mean
[11:24] {JoebiWan} correct
[11:24] {ese} so...2 years later....she is back in my class and one of the big things she remember was the kindness of my wife
[11:24] {JoebiWan} still holding?
[11:24] {Jenh} aw, ese that's so nice
[11:24] {dino} pretty cool ese
[11:24] {dino} yes
[11:25] {dino} it wants vwap imo
01[11:25] {@Threei}  1:2  
[11:25] {ese} she wrote my wife a note a week ago....it was an awesome note asking very politely if my wife woudl do cokies for them again
01[11:26] {@Threei}  quite a story ese
[11:26] {nemo} http://goo.gl/UcGOqW
[11:26] {Jenh} (can't cry in trading)
01[11:26] {@Threei}  thanks for sharing
[11:26] {dino} s3 ultimate
[11:26] {ese} talk about some of the crap that goes on in this world....there is no way on gods green earth that a 16 year old kid should ever have to have an AK47
[11:26] {dino} for sporting fun
[11:27] {ese} not even
01[11:27] {@Threei}  by the way, speaking of Ukraine... where is Alex?? he owes me a 6-pack
[11:27] {ese} make a great day all...cya tomorrow
[11:27] {dino} cya
[11:27] {Jenh} thx for the story ese. bye
[11:27] {nemo} ese lucky grew up in a greenhouse
01[11:27] {@Threei}  Ukraine's territorial integrity is no more, ad he waged 6-pack of beer of my choice
[11:27] {Jenh} nemo!
01[11:28] {@Threei}  good boy IWM
[11:28] {nemo} what?
01[11:28] {@Threei}  1:3  
01[11:28] {@Threei}  out
[11:28] {Jenh} to say he grew up in a greenhouse
[11:28] {Jenh} after his touching story
[11:28] {nemo} he did, a social greenhouse.
[11:28] {Jenh} i can't...
01[11:29] {@Threei}  actually no, I know for the fact ese used to live is Saskatchewan
[11:29] {nemo} jenh you're about 6 years into a conversation here
01[11:29] {@Threei}  and that's as far from greenhouse as it gets, with exception of Manitoba
[11:29] {dino} and remember jen, nemo and i are trading 3 hours ahead of you
[11:29] {nemo} hahahaha
01[11:29] {@Threei}  lol
[11:30] {Jenh} wait he actually grew up in a greenhouse? i thought this was like when you said i lived in a trailer
[11:30] {nemo} trailer park, double wide
[11:30] {Jenh} sorry if the greenhouse thing was true
[11:30] {RonS} lol
[11:30] {nemo} we all do here
[11:30] {Jenh} ok. but i still don't live in a trailer
[11:30] {nemo} fine
[11:30] {JoebiWan} out WLK +1.00 thanks Dino!!
[11:30] {RonS} flamingo...
01[11:30] {@Threei}  it's nemo jen... all he says you need to divide by 3, or multiply by 3, and you have to guess which case is which
[11:30] {dino} don't think too many traders do live in trailers 
01[11:31] {@Threei}  wtg joebi
[11:31] {dino} joebi, np, gj
[11:31] {nemo} kors treacherous
01[11:31] {@Threei}  hold on, let me show you my house...
01[11:31] {@Threei}  http://www.realitytrader.com/vad/h.jpg
[11:32] {nemo} I can guess
[11:32] {JoebiWan} lol
01[11:32] {@Threei}  with amazing view and very airy
[11:32] {nemo} yep
[11:32] {Jenh} i was just about to say the view is spectacular
[11:32] {nemo} yeah, when he pulls his head out
[11:32] {dino} cmge drop
[11:39] {JoebiWan} do you know where that picture was taken, Vad?
01[11:40] {@Threei}  no :)
[11:56] {nemo} indexes look lower 
[12:01] {dino} out wlk 66.46, +1.30
[12:01] {Jenh} gj
[12:01] {JoebiWan} Nice
[12:01] {dino} ty
[12:01] {nemo} ahhh well, vwap on tap?
[12:15] {dino} agn spike
[12:21] {nemo} SNDK could be a nice short soon
[12:21] {nemo} a bit spready though
[12:35] {nemo} SSO looks short here
[12:36] {JoebiWan} .90 break?
[12:36] {nemo} yep
[12:44] {nemo} sheesh 1:1
[12:44] {nemo} and that's it
[12:44] {nemo} frickin' bull market
[12:44] {jfjf64} don't quit ya day job
[12:45] {jfjf64} common a joke
[12:45] {jfjf64} lol
01[12:46] {@Threei}  hear that sound of rifle racked jf? That's nemo's sense of humor
01[12:47] {@Threei}  he smiles into the laser aim
[12:47] {nemo} nah, I'll wait...up close and personal for jf...I want to hear him breathe
01[12:57] {@Threei} Long Setup:  CAT  .40 break
01[12:57] {@Threei}  If holds  .30 
01[13:04] {@Threei}  1:1  
01[13:10] {@Threei}  1:2  
[13:16] {nemo} VXX
[13:16] {jfjf64} .40
[13:20] {JoebiWan} +.15 vxx thnks
01[13:20] {@Threei}  gj guys
[13:20] {jfjf64} ty nemo
[13:20] {nemo} I would try to hold a piece
[13:21] {Jenh} +.15! ty 3i!
[13:21] {nemo} watch spy, if it can't get above vwap, keep the last piece
01[13:21] {@Threei}  jen :)
[13:21] {JoebiWan} ty vad
[13:22] {JoebiWan} cat
01[13:22] {@Threei}  yw
[13:23] {dino} gj
[13:29] {jfjf64} fb spike
[13:30] {nemo} dino sndk short
[13:32] {dino} lod break maybe
[13:37] {jfjf64} fb 
[13:37] {jfjf64} hod
[13:39] {Jenh} nice call on fb jf
[13:40] {jfjf64} ty
[13:40] {jfjf64} will keep my day job
[13:40] {jfjf64} lol
[13:40] {Jenh} lol
[13:40] {Jenh} pls do
01[13:40] {@Threei}  what is this "job" word you use periodically?
[13:41] {jfjf64} this is not j o b
[13:41] {nemo} it's very unpopular around liberals
01[13:41] {@Threei}  hmmm... I guess I do have something in common with them after all then
[13:42] {JoebiWan} lo
[13:42] {JoebiWan} l
[13:42] {jfjf64} vol fb
[13:54] {jfjf64} vxx
[13:59] {nemo} might bounce here JF
[13:59] {jfjf64} why
[14:00] {nemo} close to open two day vwap
[14:00] {jfjf64} hmm
[14:00] {nemo} iwm @vwap spy @ resistance
01[14:00] {@Threei}  still... looks breakish and rallyish
[14:01] {jfjf64} here comes vol
[14:01] {jfjf64} spy dtop breakdown
[14:04] {jfjf64} in.86
[14:07] {jfjf64} 1;1
[14:09] {nemo} think that was the top for the day
01[14:09] {@Threei}  no way
01[14:10] {@Threei} Long Setup:  IWM  .75 break
01[14:10] {@Threei}  If holds  .68 
01[14:22] {@Threei}  meh
01[14:23] {@Threei}  pains me to say but... nemo was right
[14:23] {nemo} well, maybe not, I said high for the day
[14:24] {nemo} this is bounce area
[14:38] {dino} asps drop
[14:40] {dino} asps sm l .49
01[14:40] {@Threei} Long Setup:  FB  .30 break
01[14:40] {@Threei}  If holds  .20 
[14:41] {nemo} indexes in no man's land
[14:41] {nemo} leaning short though
[14:42] {nemo} 201.10 and swing low here big deal
[14:43] {nemo} oh oh
[14:43] {nemo} roof on spy now 201
[14:51] {nemo} bounce off vwap
01[14:52] {@Threei}  Internationally unrecognised 'elections' held on Nov. 2 in the so-called Donetsk and Luhansk People's Republics (DNR and LNR) have entrenched Russia's annexation of the eastern Donbas region and established a de facto new border with Ukraine.
01[14:52] {@Threei}  and that's far from over, expansion is next
[14:55] {jfjf64} just steped out miss anything
01[14:55] {@Threei}  FB just triggered
01[14:56] {@Threei}  oh, and it's almost "it's barely after halloween and they are putting up Christmas things for sale already" complaints season
[14:57] {dino} xmas this saturday for me on wifes' side
01[14:59] {@Threei}  anyone else is scared to even ask what that means?
[14:59] {nemo} it's Dino
[14:59] {Jenh} that sounds nice dino
[14:59] {RonS} nail on the head...frightens me...
01[14:59] {@Threei}  jen assumes the best as always :)
[15:01] {dino} mother-in-law heads to florida for winter, so we have xmas early for her
[15:01] {RonS} lol...whew...
06[15:01] * @Threei sighs with relief
[15:01] {dino} re:jen, seems like a good egg
[15:02] {jfjf64} fb holdin nice
[15:02] {Jenh} thanks dino
[15:02] {dino} i seem to have froze asps
[15:03] {Jenh} nice that you do that for your mother-inlaw
[15:03] {nemo} somewhat un natural
[15:03] {dino} all of that side of family gets together. good time
[15:03] {dino} trgp drop
01[15:07] {@Threei}  1:1  
01[15:08] {@Threei}  https://pbs.twimg.com/media/B1nrQaoIIAA3YTP.png:large
01[15:08] {@Threei}  scary chart if you are Putin
01[15:13] {@Threei}  1:2  
[15:13] {nemo} elections making it a bit cloudy today
[15:19] {nemo} VXX
[15:19] {Jenh} thx 3i for fb!
[15:19] {jfjf64} bounce
[15:20] {nemo} should be a little buying into the close with elections
[15:20] {JoebiWan} long .70?
[15:21] {nemo} a strong candle here would validate that
[15:21] {dino} strong drink would be better
[15:21] {JoebiWan} sounds good to me
[15:21] {nemo} that's a given
[15:21] {jfjf64} cheers
[15:24] {nemo} nope, looks like running higher into the close
01[15:25] {@Threei}  trying for 1:4
[15:25] {Jenh} wow. darn i got out of fb on last dip
01[15:25] {@Threei}  1:3  
01[15:25] {@Threei}  why? treailing stop wasn't hit
01[15:26] {@Threei}  don't be creative... trading is about following the procedure ina disciplined fashion, not about inventing things on the go
[15:27] {nemo} whoa rug pull.
01[15:27] {@Threei}  if there is a reason to deviate from standard guideline, I'll alert
01[15:27] {@Threei}  otherwise just let things work
01[15:27] {@Threei}  as some wise people say, apply principle Wu Wei
01[15:28] {@Threei}  which is wise speak for non-intrusion
01[15:28] {@Threei}  non-interference
[15:28] {Jenh} sorry. got out when thought a cancel had been a real trade so just took money and ran
01[15:28] {@Threei}  cancel?
[15:28] {Jenh} but got out at 50 so very happy
01[15:28] {@Threei}  out last peice on a trail btw
[15:29] {JoebiWan} ty vad
[15:29] {Jenh} :( i'm still getting used to program 
[15:29] {JoebiWan} good one
01[15:29] {@Threei}  yw
[15:29] {Jenh} my trading system said i was holding when i thought i was out so i just left
[15:29] {Jenh} completely
[15:30] {Jenh} if it's any help i did mostly stick to the system until the program scared me
01[15:30] {@Threei}  I don't get it but then again... there are so many things I don't get :)
[15:30] {Jenh} :)
[15:31] {dino} scared? remember... money lives on the other side of fear
[15:31] {Jenh} but i live here, in fear, constantly :)
[15:33] {Jenh} still i am calmer than i was so i guess that really is saying something
[15:33] {dino} as long as you keep your stops, whats to fear?
[15:34] {Jenh} very true
[15:34] {Jenh} the stops do keep me calmer
[15:35] {JoebiWan} uhhh, ebola, dino
01[15:35] {@Threei}  jen, here is quote from the Techniques of Tape Reading, one of the mantras:
[15:35] {dino} use them and never forget rule #1
01[15:35] {@Threei}  I don’t know what the market will do next. I don’t have to know. I know how I will react to anything the market does. I am confident in my ability to react correctly. I have a strategy that works and the discipline to carry it out. I am independent-minded. I don’t trade to please others. I am self-reliant. I question any trade I take, but I don’t question my ability to make the right decisions. I trade effortlessly and automatically. I manage risk and assume losses. I trust myself.
[15:35] {Jenh} long story short: i always wanted to trade and then i did and lost $1500 in 5 min so i guess i have some residual fear
[15:35] {nemo} wow, you got off cheap
[15:36] {dino} lol, with respect jen, losing 1500 is nothing
[15:36] {jfjf64} exactly
[15:36] {Jenh} thanks 3i! that's a good quote
01[15:36] {@Threei}  there is much more where it came from :)
[15:36] {Jenh} well to me it was like the world had ended for a sec 
[15:36] {jfjf64} don't quitn ya day job
[15:36] {jfjf64} lol
[15:36] {Jenh} thanks guys i really appreciate the encouragement and perspective
[15:37] {Jenh} thnx. will stay in 
[15:37] {jfjf64} GO SLOW
01[15:37] {@Threei}  what is that day job you speak of with such reverence
[15:37] {dino} trading
[15:37] {jfjf64} lol
[15:37] {JoebiWan} can someone help me with my fear?
[15:37] {nemo} well, we know jf isn't a gigolo
[15:37] {dino} joebi, use the force
[15:37] {nemo} nor a rocket sccientist
01[15:37] {@Threei}  ok, one more:
01[15:37] {@Threei}  Fear of Trading, Hesitating to Pull the Trigger
01[15:37] {@Threei}  Trading is a game of probabilities. I don’t have to be right every time. I just have to follow my rules. I know my system works. Every trade is either a profit or a stop. Any given trade is not of significance. The results over a certain time period are what matter. Trading within my proven system puts the odds on my side. I have to play to allow opportunities to materialize. I know I can trade by my rules. All I do is react to signals— a signal to enter and a signal to exit—that are generated by my system. They take me in and out with no hesitation. I can observe the market and emotionally detach from it. Any stock movement is simply numbers that change following certain patterns. I know how to read those patterns. I am totally focused on what the market is telling me. I can hear it and react to it.
[15:38] {dino} joebi, try using hard stops
[15:38] {JoebiWan} i fear running out of booze
[15:39] {dino} oh, well, try buying in volume
[15:39] {JoebiWan} lol
01[15:39] {@Threei}  Sam Club might help?
[15:39] {nemo} oh gawd....I have to go get Guiness for one of my father's recipe's...he only needs one bottle...
[15:40] {jfjf64} watchin vxx
[15:40] {JoebiWan} not in Utah... state run liquor stores
[15:40] {nemo} ahhhh the Mormon mafia
[15:40] {jfjf64} spy break vwap
[15:40] {dino} i like guiness
[15:40] {JoebiWan} correct, nemo
[15:40] {dino} actually, i pretty much like all beer
[15:41] {nemo} Never read the book of Mormon
[15:41] {JoebiWan} i read it when i need to fall asleep
[15:45] {jairoc17} Hi, what is a good broker for someone who is not US resident and lives in aruba?
01[15:45] {@Threei}  FB is trying again but we are pretty much at the eod
01[15:45] {@Threei}  if you had not enough yet and want to get really grteedy, try .60 break
[15:45] {nemo} wish we were at eo ese
01[15:46] {@Threei}  jairoc, http://www.realitytrader.com/laser.html
01[15:46] {@Threei}  fill the form, they'll get basck to you with all the information
[15:46] {nemo} hate him already
[15:47] {JoebiWan} why, cause he lives in Aruba? lol
[15:47] {nemo} yep
[15:47] {nemo} I basically hate everybody though
[15:47] {nemo} like bunny
[15:48] {jairoc17} Thanks
[15:48] {nemo} yw
[15:48] {jfjf64} good night all
01[15:49] {@Threei}  take care jf
[15:49] {nemo} day job jf?
01[15:49] {@Threei}  lol
[15:49] {Jenh} bye jf
[15:49] {dino} cya
[15:49] {jfjf64} you bet
[15:49] {JoebiWan} nice day, TY everyone
01[15:49] {@Threei}  yw
[15:49] {dino} gj
[15:49] {Jenh} bye joebi
[15:50] {Jenh} i think i might go too
01[15:50] {@Threei}  who took FB, feel free to take scalp
[15:50] {Jenh} thanks everyone for today's trading and therapy session
[15:50] {Jenh} really appreciate it!
01[15:50] {@Threei}  thank you all, have a good evening
[15:50] {dino} lol, gn jen
[15:50] {Jenh} gn
01[15:50] {@Threei}  see you tomorrow

[15:57] dino out asps .76, +.27