Day Trading in Halted Stocks. What to do Aug 13

[ForbiddingDurian]

excellent video....

[elwalvador]

Do any humans trade stocks any more at the big firms? For example, in FAZ when twice or 3 times the normal 5 minute volume comes in who is that, a machine or a big money trader?

[braveheart85]

i have no clue either great question, andy do you have an answer?

[florinbasca]

You were a bit lucky with that trade, but i can tell you have a lot of experience by the way you managed it. Nice

[eracerxxx]

lol i was in 1k shares of lvs to andy...i saw it take off and placed a 10 cent trailing stop on it...but got wicked out at 13.52 in the 3rd candle. crazy fun...my heart was pounding 20 minutes after the trade. ; )

[enerener]

Hi what settings in Trade-ideas do you use to find those volume spikes like LVS? Thanks

[irkost]

was there a chance to hedge yourself using options in case you were stuck short?

[LenWhistler]

Short or long options? Either way I don't think it's a good idea. Buying options is expensive and being short is very risky.

[andyatm2000]

Good question. I would imagine the options would be halted as well. If not I'm sure there would be a hefty premium in either direction

[lti12]

what would they want to halt the trading?

[andyatm2000]

In most cases it's because news that is suppose to be released after market hours is sometimes leaked during market hours and it's an unfair advantage/disadvantage.

[lti12]

mmm, OK. would you say there is any cheating going on it terms of people getting information they are not suppose to get, and profiting from it?

[jasoneyes01]

Thank you for the commentery Andy. This market has been nerve racking. I was watching C today and the sideways action really sucks. I caught the short for BAC this morning. Then the big boys bought a million shares and manipulated the market and it went the other way. This market is nuts.

[pentium2028]

I saw the news during the day as well and thought to myself what would a pro do in this situation. So it's very nice of you to share your thought process.

Love all the videos. Keep it coming.

[rayrockusa]

on your comment on the trading programs holding down stocks, does that mean we should be playing less liquid stocks that they would shy away from?

[sgomez858]

Its tough because many of these moves make it from point to point B, but the road taken is a winding one - so smaller sizes and longer time frames has been an adjustment. It is tough to avoid stocks that are doing volume, I think you just have to be aware, especially during the first and last 30 minutes of trading

[flyfast0099]

good stuff.. deff alot of machines keeping the prices down

[crazyfast999]

What does a halted stock mean? Im guessing no trades are able to go through buys or sells? Also, I have heard you mention these super computers. Could you explain briefly what those are? Thanks for the vids!

[wisheye1]

I watched your tweet come across stocktwits live when this happened. I love the comment you made about feeling like a poker player that went all in and was now pacing around the table. Thanks for sharing this video as always because I love to watch every one of them.