Review of my Chat Room Stock Day Trades, Algorithm Charting Calls and Alerts for Friday Jan 6, 2017 – $ETRM – $JUNO, $CBMX – $SSY, $PTX, $ZFGN, $ARWR, $PCRX, $ATOS, $QTNT – $JNUG, $NUGT, $DUST, $SPY, $GLD, $GDX, $USDJPY, $DXY, $USOIL, $WTIC, $SLV, VIX, $NG_F…
Intro:
Time stamped entries (in permanent archive) copied to this blog in italics (below) are direct live log chat from chat trade room as they occurred (random chat from myself not applicable or other misc chat deleted). Chat trade room is also video recorded daily for trade archive.
In addition to chat, this trade-room has live voice broadcast (that covers in detail what indicators I am looking for in and out off each trade) and has live chart screen sharing right from my monitor to the room with all indicators I am looking at.
EVERY CALL WE MAKE, EVERY PUBLIC INTERACTION, REPRESENTATION OF TRADE (ON EVERY VENUE) IS VIDEO RECORDED (TRADING ROOM), ON SOCIAL MEDIA OR ON BLOG / WEBSITE TIME-STAMPED FOR PERMANENT RECORD AND ABSOLUTE TRANSPARENCY. PLEASE ALSO REFER TO OUR PUBLIC DISCLOSURE https://compoundtrading.com/disclosure-disclaimer/.
Notices:
Official Launch: This Monday is our official launch! We’re out of beta phase and all algorithms published for Monday morning! And, if you want to watch a thirty year trading veteran in action with a 2 week challenge – to double his trading account in two weeks, come on in and take a look at how its done.
Big week coming🔥 Official Launch @CompoundTrading Monday🎉 All algorithms published for launch🚀 2 week double account challenge live🎥 #stocks pic.twitter.com/MGPCTAdDsx
— Curtis Melonopoly (@curtmelonopoly) January 7, 2017
Free Access Monday: Don’t miss out on this! First Monday of the month (this Monday) is free access to our trading room!
SMS / Email Alerts: Our system was upgraded so all members will now start receiving them for each trade (morning momo trades may not have time to process alerts outside room fyi).
New Service Option: We now also offer a stand-alone trading room option (vs. bundle w/ trading room, premarket newsletter and alerts) at 59.00 /mth and w/ promo code is 1.22 per day.
New Service Option: EPIC the Oil Algo now has an Oil Report only option (vs. bundle w/ 24 hr trading room launching early 2017) at 199.00 and w/promo code works out o just over 4.00 day.
New Service Option: Entry-Level trader one-on-one trade coaching and entry-level trade academy options now available in addition to intermediate / advanced trading academy and coaching.
Feature Post: There is a feature blog post at this link, “Why our Stock Algorithms are Different than Most“. If you are using our algorithms or charting it is a must read.
Overview Perspective & Review of Chat Room, Algo Calls, Trades and Alerts:
So I did manage two trades in $ETRM Friday. I didn’t alert them (not even in room on text) but I did on voice. Mathew is away for his wedding this week and Sartaj wasn’t in room assisting with moderating so it can be tough to alert momo plays. They’re both in room with me next week.
Anyway, so my two trades were; $ETRM in 7.54 and out at 7.69 1000 shares and $ETRM long 6.48 and add at 7.276 1000 shares each with an exit at 8.42 of 2000 share. So they were decent scalps. Not the best but a decent day nonetheless.
$ETRM stock chart – daytrading action Friday Jan 6, 2017
I was ready with the ranges to scalp $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST – yes had them all ready because we have algos for them and I didn’t trade them. The biggest one I missed was junior miner’s – it’s range was 20% intraday I think – sad… but I won’t be missing those going forward – Sartaj will be in room starting Monday calling algo ranges so that if I’m preoccupied (like I was Friday) with a momo trade the others won’t slip me by.
Once again the members are killing it in the room – has been a killing field since 2017 started.
Per yesterday;
Also, the trading margins for the areas our algorithms are based have widened recently so I’m looking for an excellent two to three weeks around the inauguration. So my focus will be trying to double my accounts over the next two to three weeks. I published the challenge to my Twitter feed. After the inauguration we will consolidate all the trades in to one highlight video and publish it to our You Tube channel. Hopefully I hit the target.
Goal: Double accounts between now and when Trump sworn in. Range opening in our focus areas for scalps that will add quick. Start tomorrow.
— Curtis Melonopoly (@curtmelonopoly) January 5, 2017
Momentum Stocks Today:
Symbol Company Name Price Change % Change Volume 1-Day
ETRM EnteroMedics Inc. 9.19 +5.22 +131.49% 35,168,488 ETRM
SSY SunLink Health Systems, Inc. 1.4615 +0.3415 +30.49% 585,777 SSY
PTX Pernix Therapeutics Holdings, Inc. 2.9332 +0.6532 +28.65% 1,904,106 PTX
ZFGN Zafgen, Inc. 4.18 +0.83 +24.78% 6,680,758 ZFGN
ARWR Arrowhead Pharmaceuticals, Inc. 1.96 +0.36 +22.50% 4,057,195 ARWR
PCRX Pacira Pharmaceuticals, Inc. 40.05 +5.90 +17.28% 5,222,910 PCRX
ATOS Atossa Genetics Inc. 1.63 +0.23 +16.43% 656,319 ATOS
QTNT Quotient Limited 6.27 +0.88 +16.33% 565,081 QTNT
Holding:
$DUST, $CBMX, $JUNO
Looking Forward:
For all 2017 algorithm posts look to the Compound Trading Twitter feed for links before Monday morning!
Per yesterday (and days prior):
I need to exit $DUST and entered it and held because I was convinced USD/JPY would (at minimum) do a major spike up to end the rally – but not so lucky (yet). $CBMX and $JUNO are holds in to spring if necessary – that was the worst case plan anyway.
We are looking to volatility, bonds, metals and possibly bio at this point short / mid term – but the market will let us know.
The market has a tonne of inflection points now, Silver Gold and Miner’s woke up some today so things should get interesting soon with our algos that you can find here:
The algorithm Twitter feeds can be found here: $WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).
Announcements in Trading Room:
Good Morning! First I will look at trading momo stocks then switch over to the Oil, Gold, Silver etc. $OGXI $VGZ $GPS $MDCO – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG
Stock Chat-room Trading Transcript:
Miscellaneous chatter may be removed.
08:25 am Curtis M : Gainers: $OGXI 50%, $ETRM 30%, $STML 16%, $VGZ 10%, $GPS 8%, $MDCO $DGAZ $IONS $ITEK $NBIX $GSAT $FCAU $CTIC $AMGN $DUST
09:21 am Curtis M : Gainers: $ETRM 65%, $OGXI 48%, $ESES 25%, $STML 19%, $GSAT 10%, $FHCO $GPS $MDCO $IONS $URRE $JDST $DUST $NBIX $FCAU $AMGN
09:24 am Sammy T : Looking at retailers here that washed out
09:24 am Sammy T : $ETRM top pick here at open guys should run
09:39 am Jack D : Out $ETRM for small loss
09:39 am John M : Holding $ETRM yet 4000
09:40 am Cara R : My $DOV pre entry doing well now
09:40 am OILK K : $TSLA long rockin it guys
09:41 am Sandy S : $MNTA HOD out o swing
09:44 am OILQ K : $GEVO 29%
09:44 am OILQ K : 39%
09:45 am darnel p : $CMG out big wini on that swing
09:49 am Flash G : Hols sh@t man balls lolol ys small order i get it but haha
09:53 am Bonnie K : $PTLA on the ,ove
09:54 am Tyler H : $IAC 52 week high
09:54 am Flash G : $DNAI lotsa vol
09:57 am Sandy S : $ZFGN volume
10:00 am Carol B : My $DIS on move higher
10:02 am Carol B : $GEVO pressure dropped
10:02 am Carol B : $SRLP 52 week highs
10:02 am John M : $OREX all out
10:03 am Sammy T : $ZFGN nice
10:04 am Jack D : Long $UDOW large
10:06 am Carol B : $XGTI moving in long
10:09 am OILK K : $AMDA long half size 5000 shares
10:10 am Sandy S : $ETSY takeover rumors
10:12 am Curtis M : L 6.48 and 7.276 1 k ea looking for a door lol
10:12 am Curtis M : $ETRM that is. And first round was 7.54 1k out 7.69
10:13 am Curtis M : Should read 7.76 not 7.276
10:13 am Sandy S : Curt breaking his rules hehehe
10:15 am Sandy S : In $XGTI long here
10:16 am darnel p : $MDLZ heating up
10:17 am darnel p : $SKLN long
10:23 am Greg L : Long $DNAI 5230 shares
10:24 am MarketMaven M : #OREX hit 200 DMA opped w vol
10:29 am Curtis M : Looks like a power spike Ill resign in
10:31 am OILK K : Good day scalping $OREX
10:34 am Curtis M : Set my stop at 6.06 and I’ll review Gold Oil etc in 5 mns
10:45 am Carol B : $REGN add to long another 1/3 for full
10:52 am Tyler H : $EBIO adding on pull backs
10:53 am Bonnie K : $NFLX all time highs whoot whoot
10:58 am OILQ K : In $ZSAN small starter
11:00 am Curtis M : Cost avg 7.08 2000 shares $ETRM stop at 6.40
11:11 am Carol B : $OPXA add
11:31 am Sammy T : In $XIV here huys looks great
11:31 am Sammy T : $SPY should run and $VIX crush
11:32 am Curtis M : resistance on oil coming
11:33 am Curtis M : $WINS halt vol
11:35 am Carol B : In $ETRM ha
11:41 am OILK K : Curt horshoe man wow
11:41 am OILK K : jokes been watching u long enough to not count out a trade your in
11:47 am Sandy S : $CART 52 week high boyz
11:51 am Bonnie K : Adding to my $CALA swing
11:52 am Curtis M : $USDJPY test right here
11:59 am OILQ K : Adding to $GENC swing – good play guys big one coming
12:05 pm darnel p : $ETRM has me in awe actually
12:05 pm Curtis M : interesting play darnel
12:06 pm Curtis M : its really aggresive
12:11 pm Curtis M : Sell order stuck in que
12:14 pm Curtis M : Out 8.42 after 2 or 3 attempts wow TD holy
12:15 pm darnel p : I’m out too SUPER WIN Curt Thanks man!!!
12:15 pm Bonnie K : Me too out ha trust
12:15 pm Curtis M : You guys r nuts too haha
12:16 pm OILK K : Uh nope… I am – i still hold 5-%
12:16 pm OILK K : 50%
12:17 pm Curtis M : wow good for you its running
12:25 pm Curtis M : Getting ready for inverse Gold and miners if USDJPY gets thru here
12:35 pm Curtis M : So I have to use alternate charting until trading view gets their shit together
12:35 pm Curtis M : Off screen
12:36 pm Sandy S : Thats ok Curt we have computers and… banking on $JDST all day hahahaha
12:37 pm Sandy S : Didn’t you pay attention to Rosie the Algos report? Jokes pick on Curt day – I know you dont multi task trades – I have 18 in my cue
12:38 pm Curtis M : funny ur right tho
12:40 pm Curtis M : USDJPY may rest
12:46 pm Curtis M : Wating for decision in USDJPY and then scalp wichever direction it goes in GOLD OIL SILVER related etc
12:46 pm Curtis M : Until decision looking for momo plays
01:18 pm Curtis M : $MDT lloks great wow
01:26 pm darnel p : $DCTH ugh
01:27 pm darnel p : Cap structure just wacked some that just don’t know dif
01:37 pm Sandy S : big block on $RAD
01:44 pm Tyler H : $ETRM ready
01:49 pm OILQ K : $TWTR may have a deal guys
02:06 pm Curtis M : Im using chart on other system lol
02:07 pm Curtis M : Just trying to fix t myself – trading view slowww
02:19 pm Cara R : $RLWK on the move
02:23 pm John M : $bios long
02:24 pm darnel p : Congrats on $CVM longs great play
02:27 pm Carol B : $BIOS 28%
02:27 pm Carol B : $KALV long
02:41 pm Curtis M : Got ditracted watching that Miami situation on TV sad
02:41 pm Flash G : nuts
02:50 pm Gurpreet Singh : Shooter was a military veteran
02:51 pm Curtis M : arlines wacked
02:59 pm Curtis M : The whole market stalled
03:01 pm Curtis M : Odd my charting comes up on desk tops but not laptops
03:02 pm Curtis M : And it depends on the security – some charts dont work on either
03:13 pm Curtis M : $ERWR $EBIO $ETRM Monday Conddates
03:14 pm Curtis M : and maybe $XGTI
03:56 pm Curtis M : Have a good night peeps! Cya Monday!
Article Topics: $ETRM, $SSY, $PTX, $ZFGN, $ARWR – $UGAZ $DGAZ $NUGT $DUST $USLV $DSLV $UWT $DWT $JNUG $JDST, Compound Trading, Trading Lessons, Results, Wall Street, Stocks, Day Trading, Swing Trading, Investing, Chat Room, Trading Results, $GLD, $GDX, $USOIL, $WTIC, $USD/JPY, $SPY, $DXY, $VIX, $NUGT, $DUST, $JNUG, $JDST, $GC_F, $USO, $UCO, $SCO, $CL_F, $UWT, $DWT, S&P 500
