ART OF TRADING Member Clears $4000 On One Trade!!

On monday September 27th, i posted this chart to Art Of Trading members only. It was a speculative play for those traders who enjoy trading lower priced stocks.

Robert took a position in the stock and 4 days later I recommended him to sell it:

"Took it off for a HUGE gain!!!!! +$4K :-) Thanks Stewie"



Amazing trade for this long time loyal member of the ART OF TRADING service!

Awesome Day At The ART OF TRADING!

"Stewie,

Sold IMAX for a buck at $17.85 my avg was $16.85

Artoftrading.net rocks, you are kind! god give you long health and lot of prosperity."

Chow


"Stu,

Love when you spot these plays and buy ahead of the actual breakout! Got $860 out of this trade! The others were nice too by the way. Great way to start October!"

Joshua



"Hey T.S.

Great call on IMAX long alert! Good for 6% gain thus far for me. I know you sold it but i got a good feeling about this one. Will hold it but where would you raise stops to now? Thank you for all your hard work and quick responses to all my emails!"

Tom S.



"Thank you Stewie, It is really comforting. I`ve found a place where traders are generous and make me feel as if I were among friends. I love trading. It is my passion. I wish I had more knowledge and I know I will some day. In the meantime, I have you and the members of the chat room to guide and help me. This is a lonely activity, one cannot talk to friends or relatives about our mistakes or good trades but in the chat room one can share all this. Thank you again and again!"


Silvina

JOIN US FOR A 14 DAY FREE TRIAL!

Interesting Homework Assignment

Trading over the years i could not help but notice how once a stock gains enough momentum and starts to accelerate higher this momentum will tend to extend itself and keep a stock in motion(most of the time longer than many of us think!!)
Here's what i noticed: Often times once a stock hits $90 for the first time, then chances are high it will hit $100 shortly after. For you guys who can back test this theory please do a back test run and experiment with it and see if this theory works. I have a hunch you will be impressed with the results but only a back test will ensure accuracy in these findings.

Make that your homework assignment!

Please leave a comment and share your thoughts and/or findings!

cheers.

Awesome Review From An Art Of Trading Member!

"Good chart setups and money-making trade alerts

This is one of the few stock pick services I have found that actually makes profits for subscribers. Good chat room and good chart analysis, too."

Padm


For more reviews of the ART OF TRADING please visit INVESTIMONIALS.COM

New Long Setups To Watch

Some very nice long setups emerging this week.

Enjoy and good luck!

Art Of Trading Member Shares His Awesome Day!!

Hi Stewie

Your watch list on the weekend was great and I liked WLL best. Bought it first thing when market opened at 92.61. Never looked at it until someone mentioned it in the chartroom.

Trade Date	Symbol	buy	sell	profit	%
Sep 17, 2010	Apple Sept 24 Call 280	2.80	4.00	$1.20	42.86%
Sep 20 2010	WLL	92.61	95.61	$3.00	3.24%
Sep 20 2010	FOE	12.44	12.42	-$0.02	-0.16%
Sep 20 2010	IGTE	19.15	19.40	$0.25	1.31%
Sep 20 2010	VMW Call October 90	2.1	2.3	$0.20	9.52%
Sep 20 2010	Apple October Call 280	8.7	9.30	$0.60	6.90%
				$5.23

thanks

Yasien

ART OF TRADING Member Had Her "Best Trading Day" Ever!!

"Hi,

I am trading for one year now and this is my best trading day! On friday I used my margin for the first time. I bought longs and added one more long today.
Here are gains I booked:
SPG +1.75%
TEX +2.45%
MMR +5%
AFG breakeven

Still open positions:
ATSG +5.5%
JASO +1%
FOE 1% (trying to breakout)
VMW +0,3%

Stewie, thanks for SPG and MMR. But very very big THANKS for showing how to read charts and how to control the loss.


best regards"
Laura

Art Of Trading Member Banks $1100 On One Trade!!

"Hey Stewie,

Still holding RES from your setups list earlier in the month. Trying not to get too emotional here but i am +$1100 on the trade. Do i sell here? I am not very chart savvy by any means but it sure looks good for more? Thoughts please.

Thanks for the trades, learning a ton from you and really enjoying the service!"

Arianna V.

This one trade alone pays for the ART OF TRADING membership for 22 months!!


JOIN US with a 14 day free trial and check it out!!

What Is This Market REALLY Trying To Tell Us?

From where i am sitting right now, it's much better to assume that this market is in AN UPTREND that was confirmed with that HIGHER LOW that was printed in late August. The overall pattern that is taking shape on the SPX thru out 2010 has a look and feel of a consolidation within a bullish trend. Sentiment continues to be poor and this rally that started in March 2009 has by been the 'most hated' rally i have ever seen. All this bodes well for the bullish from a longer term perspective. As you guys know by now, i am a short term trader so long projections is not something i do very often but the more i step out the 'shoes' of a short term trader and look around at what is really going on and SHUTTING OUT THE NOISE you hear on CNBC, bearish blogs and twitter and truly and honestly look at things around you will notice that things are not all that bad out there. Sure, we will see some corrections and pullbacks but you gotta hand it to and give respect to a market that refuses to give in to all the "negativity". This in itself is a very bullish sign from a long term perspective.

Think about it this way: If you were short a stock, now the stock refuses to drop and instead teases like it's going drop only to reverse back up and continues to defy: what is that stock telling you? For me, it tells me, that is getting ready to move UP, not down.

Put it this way, 2 weeks ago "The Hindenburg Omen"(an very rare market event that precedes a market crash) was the talk of the town yet this market continues to ramp up. Prior to that Hindenburg Omen, people were looking at that "DEATH CROSS" pattern which once again, the market has managed to shrug off. The indexes are flat year to date: Think about it is that really bearish? Yes, they are down from their 2010 highs but is that really a bad thing? One really strong advance the indexes could notch up a decent 2010 performance come December 31st.

Ask yourself in all honesty: A market that behaves like this, that continues to defy all this negativity/ doom and gloom projections that is thrown at it: what is this market trying to tell us??

This Member Is Still On Free Trial!!

"Stew,

Your chatroom has a lot of experienced traders and they are pretty outspoken with new stocks setting up, strategies etc.

The reason I had a good day today is

1. recognized profits on TTM from this morning's rally at $23

2. You saved me from the Cree short (not sure if you recall, but i asked about cree short in the chatroom and you quickly responded with your opinion against it). The stock is up 2.71% today.

3. Scalped longs and recognized profits in NTAP and ALR (I think these two stocks were mentioned in the chatroom).

Most importantly, the chatroom and your emails have made me more risk averse. I learned how to look for setups that provide the best risk/reward.

I am really thankful for the personal attention you provide to your subscribers. I feel more confident going into a position now knowing that If i have doubts, I have someone to go to for expert advice.

This is a great service!!

Mansi (Pixelm)

Is It Bullish Setups You Wanted?!

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MUCH MORE THAN JUST TRADING SETUPS!

MCP Short Setup To Watch

This stock made a huge parabolic run higher and now looks like it could be topping out around these levels. Worth watching or adding to your list of short setups.