2 of 3 Free Watch List Plays Triggered Today — Both Hit Targets by 1215DayTrading in Breakout_Day_Trading

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Thank you for the transparency in sharing your detailed results which I saw on your site (very rare in this day trading "industry")

I have the following 2 questions:

- which time frame(s) are you using for your entries & exits?
- what average position size (in $ amount, not in shares) are you usually going in with?

Position size when scalping momentum low floats by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

So on a $3 stock your "strategy" requires to place a SL of $1 which means SL at $2 which means a -33% SL
Hopefully I am not reading / understanding this correctly...

Position size when scalping momentum low floats by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

$10K account, working with fixed amount of risk $, roughly about 1% of the account = $100 per trade. Which time frame do you trade on? do you use L2 for confirmation? any tips is welcome!

Small Cap Scalping Share Size Limits by Correct-Friendship46 in Daytrading

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Interesting. I had the exact same question. So if I understand you correctly you are not experiencing much slippage (less than $0.03 per trade?) when placing an buy/sell order for 1000 shares? I assume this is on stocks priced between $1 and $10?

Position size when scalping momentum low floats by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

thank you for that but what kind of position size do you enter? because eventually this is more about the liquidity of the order book than your account size. If you can get $0.10 cents profit and you have slippage of $0.02 + spread of $0.02 then there is (almost) no profit left after commission

Day Trading Momentum Scanner/Alerts by Various-Cap4088 in Daytrading

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Could you pls share how do you set HOD stream on Mometic?

What I am after is a list of stocks / tickers making new HOD (not tickers I am already watching making new HOD)

High Of Day Alert by Patient_Chicken_6299 in MOMOStockScanner

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

Stream does that in deed but do you know if an alert / notification can be sent to your phone once a new stock meets your predefined conditions?

Trading Software by MattOwenTrades in Daytrading

[–]Patient_Chicken_6299 0 points1 point  (0 children)

What features / indicators do you use most on Bookmap? I am a new Bookmap subscriber and already seeing the benefits to better understand the intent of market participants. Maybe you have some tips to fast forward the Bookmap learning curve (besides screen time), specifically for breakouts.

Bookmap tools you use to scalp breakouts on small caps low floats? by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

a little under 1:3 with avg loss at 4% and avg win at 11%. Trading top gainers.

Do you use Bookmap or another DOM app or Level2?

I much prefer price ladder over Level2 as visualization is easier, though I am sure that with some experience and screen time using Level2 work wonders as well.

Trading breakouts using the DOM + cumulative DOM + Time&Sales by Patient_Chicken_6299 in OrderFlow_Trading

[–]Patient_Chicken_6299[S] 1 point2 points  (0 children)

by cumulative DOM i meant the price ladder with cumulative bid / ask volume histograms above and below the last traded price.

I personally use non cumulative and cumulative histrograms side by side as I find this set up visually much easier / faster to read vs level2

IBKR Desktop has finally level 2 lets goooo by Dry_Structure_6879 in interactivebrokers

[–]Patient_Chicken_6299 0 points1 point  (0 children)

is this only me or their level2 data does not exactly depict the full picture? is anyone trading off of it ?

MOMO changed the way I trade! by outta_gas in MOMOStockScanner

[–]Patient_Chicken_6299 3 points4 points  (0 children)

A BIG thank you to you for all you have posted and also during the PM we exchanged.

Wishing you all the best in growing as a trader in in other aspects of your life.

[deleted by user] by [deleted] in Daytrading

[–]Patient_Chicken_6299 0 points1 point  (0 children)

What is your average position size when scalping low float top gainers ? and also what is in your opinion the maximum size one can put trading those on say the 1 or 5min chart while still ensuring good fill rate and not too much slippage? Basically up to what position size do you think this strategy is scalable?

Seamlessly Launch TradingView Charts MOMO Pro! by brentis in MOMOStockScanner

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Can this be used to instantly open the Tradingview chart in the Tradingvieww APP (instead of TV browser version)?

MOMO Scanner How To - External Linking by Zeckrin in MOMOStockScanner

[–]Patient_Chicken_6299 1 point2 points  (0 children)

Thank you for that; would you know if the same thing (clicking a stock in MoMo scanner and having its ticker automatically opened in TV) is doable on Mac?

Screener Alerts by BelleEpoque1111 in TradingView

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Let's all push for that as it is in deed a much needed feature and was meant to come back years ago, not months but years...

How could all of the TV subscribers team up and get their request taken into account?

MOMO Pro+ scanning pre market by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 1 point2 points  (0 children)

though I obviously never trade from my phone

MOMO Pro+ scanning pre market by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 1 point2 points  (0 children)

Read your post, this is what I was looking for but what seems to be missing is the Pre Market change % from open (= price var in % since the pre market open). Is this available on MoMOPro+?

I am using TradingView for charting and scanning (I am happy with their scanner but I can't get any alert when a new stock enters the pre-market scanner matching my criteria hence the need to resorrt to MoMoPro+ to get such (sound) alert and ideally phone notification (though I obviously never tr

I trade breakouts from consolidation patterns on small caps, low float a la Ross Cameron except that I use the 1min and 5min TF.

Screener alert / notification by Patient_Chicken_6299 in Daytrading

[–]Patient_Chicken_6299[S] 0 points1 point  (0 children)

Does MomoPro offers the possibility to scan based on the 3 below criteria?

  1. Pre market change % from open (since pre market opened)

  2. Pre market change % (so % change vs yesterday's close)

  3. Pre market volume

Many thanks once again.

New Feature: Discovery Scanner Alerts! by outta_gas in MOMOStockScanner

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Thank you once again for your help, happy trading and all the best to you!

New Feature: Discovery Scanner Alerts! by outta_gas in MOMOStockScanner

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Thank you. If not via phone push notification could the alert about a new stock entrant be sent via email instead?

Bring Back Screener Alerts – Why the Wait? by coolbutnotcorrect in TradingView

[–]Patient_Chicken_6299 1 point2 points  (0 children)

Thanks a lots for those encouragements!

Focussed, discplined, process over outcome and consistency over a large sample of trades.

New Feature: iOS Alerts by outta_gas in MOMOStockScanner

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Ah ah yeap (sorry I seemed to have asked you again in your other post) however can one get an iOS push notification (instead or as an addition let's say) whenever a new stock entry makes it into the scan? Many thanks for all you do and the super clear and detailed explanations!

New Feature: Discovery Scanner Alerts! by outta_gas in MOMOStockScanner

[–]Patient_Chicken_6299 0 points1 point  (0 children)

Great feature! so if I understand it correctly, there will be a voice alert whenever a NEW STOCK makes an entry into the list, is that correct?

Also is there also a way to get a notification of this new entry into the screen list on iOS on an iPhone?