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Watch live online stock trading strategies Nov 23 Part2

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Uploaded by on Nov 23, 2007

Live real time trading video from my screen. Learn from my winners and my losers with commentary. Direct access and Level 2 is better than using a broker I think. I use software filters and setups on the chart to determine what trades I enter. Use this video as a virtual coach for your day trading goals. It's not easy, but this demo shows you that it can be done day after day for small consistent profits. No secrets, just years of wisdom to share with you all.

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Howto & Style

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Standard YouTube License

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Uploader Comments (sgomez858)

  • Mr Gomez, I have noted that you take very small profits, which is making me curious on what comission you get charged for your trades please?

    ASIDE:

    Here in Australia the lowest comission you can find on trades are for CFDs (contracts for difference) and that is a comission of 0.1%, minimum $10. With CFDs you must also make the spread (e.g. limit sell only gets executed when it matches the bid).

  • Per share charge. 100 or 1000. Doesn't matter. Cost about 5 dollars per thousand, maybe less if I add liquidity.

  • Steve I noticed that in this homebuilder play and in an airline sector play you did a few days back (nw I think) you often watch the leader in the sector go up while your stock grinds higher. Surely it would make more sense to go with the strongest stock in the sector?

  • Fair point you make. I like to enter low risk plays. If I had jumped into the strong one and I found myself chasing it, the downside is much bigger than the other second tier stocks that are starting to follow. I don't like to chase things that have already made a big move. Make sense? Thank you for your input.

  • Lets take this one step further in example. I notice that stock A has been running so I buy stock B in the same sector but it is not moving as fast. I see Stock A going even higher so I get frustrated and buy stock A. Now I am in too late and have to suffer a nasty pullback while the second tier stocks are slowly catching up. I have done it before and it is no fun. The point is control your entry point. Chasing a green bar on the chart can sometimes work and many time hurt.

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  • I like this video.

  • great stuff guys I really like watching your videos sgomez. Keep up the good work and trading!

  • What advantage does Direct Access have, dont you have to sign up with a broker?

    Who do you have to deal with to get Direct Access?

  • Nice information thanks)

    I am Stock Trading Robot

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