there was only one trade,
it is so different than TimAlerts,
to start there is only 15 or 20 people in the chat room.
the second big difference is that before a stock is called out, it is talked about several times so you have lots of warning.
I will probably compare this site to TimAlerts a lot because I have been following the TimAlerts chat room for almost 2 years now.
At first I was a little dubious thinking that he was going to come back later and claimed he traded some of the stocks that were being called out. But that didn't happen, like it does at some of the other chat rooms I have been in.
The number of stocks that are being talked about is very manageable, and there aren't 100 goofballs telling jokes and going on and on about off topic stuff, but TimAlerts does have about 150 to 200 people so with that many people who have no idea what they are doing you're going to get a lot of chatter.
Anyway, this site has none of that, probably 90% of the talk is about stocks being traded.
Curtis Stark is the one running the chat room and he was there the entire day. He was very nice and answered any questions asked.
Timothy Sykes made a trade and sent out the alert about how he was filled at 34 and by some coincidence I actually had the stock up on my list of stocks, so I noticed the price at the exact time the alert came across, it was trading at 33.51 so obviously he and the PRO subscription people had already run the stock down .49 cents before the alert was sent to the silver subscribers.
Unfortunately that leaves the Silver subscribers holding the bag, and watching a stock that has already run half a dollar, and as usual within a few minutes it already started reversing and was back up .25 cents.
After watching TimAlerts for a couple years, it seems to me the way to make money from the alerts is to wait until he gets in a trade that doesn't move in his direction, then fade his trade.
No comments:
Post a Comment