float is too high for it to pop
#💬hangout
haughty surge
youd need their volume to increase 4-5 fold to see a real uptick
current return on assets -19, return on equity -88
onyx prawn
Ill keep an eye out for $18 on M and prolly buy there after strong confirmation
haughty surge
best thing to do monday is around 9:20-9:32 scan for tickers that are gapping and play the gap
make a quick profit and hit your daily goal in 30 min after that just have fun and relax and trade comfortably
onyx prawn
gap?
haughty surge
yea
that will explain it better than i can
there are always companies that are gapping, every day of the week, just gotta know what to look for and its easy money, like taking candy from @thin trail
also plenty of videos on youtube showing you how to scan for gapping tickers and how to see if they will gap up or down and how to ride the wave
onyx prawn
Oh thaxx
I’ll leave tab open to read later
Prolly gonna go to sleep now
Nights everyone
compact idol
cya
still trying to find someone who can help me understand how the indicator measures institutional activity levels. And why I have activity on my weekly chart but no activity during the same week on the daily chart
Shalen's Hypothesis is very hard to find any info on
analog onyx
still trying to find someone who can help me understand how the indicator measur...
Higher time-frames will contain more diverse variations, it will thus be more complicated to detect significant institutional activity, using lower timeframe can eventually result from inaccuracies due to noisy variations, timeframe such as 1 minute or lower are not recommended for this metric.
river blade
Had a bit of time to do some back testing with a combination of trend catcher, pp signal 200 & lux confirmation signals 👌 looking decent only done about 30 setups so far on replay so still lots more pairs and setups to test
Entry when pp & catcher are the same along with a signal to match then exiting when the catcher changes to the opposite colour
opal steppe
whats good everybody - just joined luxalgo
scenic patrol
Had a bit of time to do some back testing with a combination of trend catcher, p...
nice sensevity agality ?
empty solar
whats good everybody - just joined luxalgo
Welcome 🙂
lament lark
Can someone help me understand the significance of time frames and buy/sell signals? Would I set a short time frame (say 30 minutes) if I’m looking to buy or sell and make a profit within the next few hours… but a longer time frame (say, one month), if I was looking to buy/sell over a longer period? I’m looking to learn how to earn money within the same day but I’m having trouble understanding how the signals work with the time frames to know when to do that. Thanks!
river blade
nice sensevity agality ?
Just had it on autopilot 👍
empty solar
Can someone help me understand the significance of time frames and buy/sell sign...
If you're looking to try and make quick money in a day and you're newer to trading that's a dangerous route, you'd most likely want to use the 15m timeframe
So you can use the 15m and go down to lower timeframes for entries
opal steppe
@short kayak can you screenshot your EURUSD 15m scalping settings for version 3.8 please?
lament lark
So you can use the 15m and go down to lower timeframes for entries
So what is the benefit of the various time frames, in terms of buying/selling?
empty solar
It gives varying perspectives on the market so can be useful
river blade
So what is the benefit of the various time frames, in terms of buying/selling?
What timeframe you choose all depends on what sort of trader you are and what time you have. if you have a full time job and can’t check your phone lower timeframes are useless imo. If you are able to check charts often then lower timeframes may be your go to
trim vapor
usit 15 and up lower than tht its a lot of nois
example how i doit is like this i take a trade at the 15 nub abd then wait for the 30 buy r strong confirmation
onyx prawn
can someone tell me if DOGE is consoladating now or what
trim vapor
son to the 1 h
onyx prawn
so 15 then 30 and 45
trim vapor
thats my strategy
onyx prawn
or straight to 1 hour
trim vapor
my opinion it takes to long to get to the 1h if u take the trade at 15min to the 1h ur losing %
onyx prawn
true especially fast movers
trim vapor
yeap
onyx prawn
like DOGE
trim vapor
so far it worked perfect for me
onyx prawn
DOGE hurts my brain
trim vapor
thats the strategy that i use
trim vapor
i cant risk it on doge i mist that bus long time ago my luck is that if i buy doge that shit is going to go to 1 peni lol
onyx prawn
I think it will sky rocket again to $1
and tank
if you have like 50 million. You can manipulate most stocks anyways u want
trim vapor
dude 4 people have 50% of all doge coins in circulation
what do i think will hapend if one of them decides to sell
onyx prawn
everyone else is stuck with an empty KFC bucket
trim vapor
yeah
trim vapor
risk to revard in my opinion its not worth it
onyx prawn
im just scalping it. Its too late for me to hold any position over 5cents
Which its not ever worth that tbh
trim vapor
yeap good idea but be careful
onyx prawn
If i bought at atleast 5 cents I would never sell
trim vapor
yeah im geting ready for the next bull rn after 4 years thats why now im just acumulating
cus i mist on a lot of coins
onyx prawn
elon said he is gonna let people buy stuff with DOGE
onyx prawn
haha yea
its all a gamble
so you never know
get burnt by getting greedy so many times with our losses and then you always play it safe and never make a banger
trim vapor
ce htats the thing i dont think it is a gamble yeah if u buy shiba inu or safemoon or dogecoin
trim vapor
but coins with good fundamentals that stuf is good and on a bull market u put money in anycoin with good fundamentals non the les u will double ur money
just patients a lot of it and nervs of steal and balls to lol iron balls
onyx prawn
I think the best move right now will be stocks with new battery technology
solid state batteries
trim vapor
stock on anything renewable energy and tech stock long term is o good investment in my opinion
i rad somwher on google cant remember exactly this girls put 10eth on shiba inu like 40 days ago
this bich made 1 bilion dollar
with 10 eth
major tripin ballseck
and im here looking for scraps on percentage lol
sage terrace
hey bro, im new here. can u guys tell me whats the best sensitivity for 1h and 4h TF?
thx, big respect
thin trail
Hey @sage terrace use optibot or the recommended sensitivity in the dashboard
sage terrace
Hey <@443059243093065748> use optibot or the recommended sensitivity in the dash...
thanks
regal sorrel
Hi Im new here. I trade on options. Can someone tell me if these indicators will work on forex pairs for options trading?
hidden moss
Lux Algo works on any market & timeframe internationally including stocks, crypto, indices, forex, futures and commodities on all timeframes including 1m, 5m, 30m, 1H, 4H, 1D, 1W, etc. You can utilize our system & signals for scalping, swing trading, or even trading options as well.
regal sorrel
ok thank you.! Ill try that once my trading view username is added
long kettle
SHIB up 1500% in the last week.
long kettle
SHIB 📈📊🔺
lament lark
Do any of you exclusively use the Lux Algo indicator to do buying/selling? What other resources would you use in addition?
hidden moss
Thoughts on XRP? Is it going down rn or just a fake out
livid frigate
regal sorrel
Do any of you exclusively use the Lux Algo indicator to do buying/selling? What ...
Im using lux algo with price action strategy on 1M chart for options trading its working on 3/4 trades.... thats good enough for me!
hushed flicker
Im using lux algo with price action strategy on 1M chart for options trading its...
I would stay away from binary options.
jagged venture
@empty solar I got my quarterly subscription running out on May 28th.. If I renew my quarterly subscription today, can I use the 20% discount code? 🤔
jagged venture
OK 🙁
empty solar
If it were an upgrade it would work since it's a first interval
jagged venture
Don't matter, I made thousands of dollars from using Lux Algo over the past 6 months! 🤑.. I was just checking if any discount was still available.. I guess I gotta pay the full price now lol 😂
empty solar
Glad to hear it ☺️ sorry about that 😅
jagged venture
@@empty solar Inbox, I sent you a private message
frosty gate
Can anyone explain me how to read the signals
empty solar
What do you mean by read the signals?
cedar halo
Anyone know how the screeners in #695668800044925009 for example is set up?
hidden moss
Our Discord Market Scanner alerts all use the following:
- Default Lux Algo (V3 inputs).
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / FXCM / OANDA / COINBASE / BINANCE
If you have created your own, custom TradingView alerts, be aware they are set per the exact settings you had at the time you set those alert(s).
hidden moss
How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview
cedar halo
Kinda, like i get an alert and the alert sets a buy order off
empty solar
Oh that'll be via a third party, we don't provide official resources for that however
lament lark
Simple question for you all: I am trying to track Tether on TradingView, which is easily buyable through CoinBase. However, I don't see anything in TradingView for that. I'm seeing pairs like TelCoin / Tether but not the actual Tether resource.
frank mesa
I think you should just search for USDT, when I do that I see a lot of Tether pairs in TradingView
lament lark
I think you should just search for USDT, when I do that I see a lot of Tether pa...
How do make sure I am tracking the same one I purchased in CoinBase?
plain kite
Thx for trend tracer and trend catcher @hidden moss
thin trail
❤️
hidden moss
@thin trail Is there any recommended settings for indices ?
thin trail
Yes you can see a recommended sensitivity on the dashboard for any asset / timeframe, or see optibot channels
clever thicket
tbh at first I was a bit sceptic about the high monthly price but it proved me wrong I joined today and already made the money back I spent for the subscription really nice indicator will definitely keep on using it
thin trail
hypeeee @clever thicket very awesome to hear! !
hidden moss
Hi LUX Team, do you have any notification or alert mechanism that can send it to Mobile. Bythe way I made the gain 10% profit in 1 trade. Thanks.
empty solar
!alerts
hidden moss
How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lux-algo-premium-indicators/setting-up-alerts-on-tradingview
hidden moss
How to set up your own custom alerts in TradingView: https://docs.luxalgo.com/lu...
thanks
sharp kestrel
Hey everyone, I just subscribed yesterday and have a question:
Assuming there are no major S/R elements in the way and considering contrarian is still on the same side as the confirmation, how safe is it to enter a few candles late - after the price action signal has already been issued?
empty solar
The more signs of confirmation generally the better the trade 🙂
sharp kestrel
Thanks. what about the different candlestick frame color? I see a Strong buy now and all the candles following are green, however when a pullback happens - the candles have a red frame. How should I treat these candles? is it just there as a warning that the price is currently pulling back or does it have any other meaning as well?
empty solar
The border of the candle is not something Lux does
That's just the candles colour by default
sharp kestrel
Thanks!
empty solar
@regal sorrel it's in the settings as a toggle
regal sorrel
Okk
regal sorrel
I would stay away from binary options.
Umm it's risky than other markets true..!
But it's working ... I added sar and couple other simple confirmations today
onyx prawn
Who else is waiting for this short squeeze on AMC
They are trying so hard
Getting messages from weirdos
Advertising their own shiot
empty solar
On it
onyx prawn
who plays valorant?
question
If I set alerts on different time frames but have to put different sens... does it automatically save the sens?
So would I get the correct alerts per timeframe
empty solar
It will save the setting you used at the time of setting the alert 😊
onyx prawn
great 😄
hidden moss
hey new i'm tryint to set up. Watching some videos. Guy goes to setting changes agility buy it is now showing up on my settings. Anyone help?
All I have is sensitivity
thin trail
Agility is at the bottom now in advanced settings @hidden moss
hidden moss
ty
thin trail
!docs
hidden moss
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
thin trail
^ read through here about the Lux Algo Premium indicators & the signals to understand
plain kite
I can share , how i get win trade with trade tracer and trade catcher , free for member lux algo
I can help, free
barren escarp
Couple Q's. What's the autopilot mode do exactly? Which settings does it use (ie. recommended sensitivity)?
Is it worth still adjusting sensitivity manually?
Lastly, does the bot scanner use optibot's settings?
Thank you
thin trail
!settings
hidden moss
Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
thin trail
!visible
hidden moss
Our Discord Market Scanner alerts all use the following:
- Default Lux Algo (V3 inputs).
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / FXCM / OANDA / COINBASE / BINANCE
If you have created your own, custom TradingView alerts, be aware they are set per the exact settings you had at the time you set those alert(s).
valid spear
!settings
hidden moss
Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
drifting basin
autopilot+legacy oscillator=sniper scalping!
Wow! I'm really blown away by this new discovery
It also solves the problem of false autopilot signals
empty solar
Sounds like a nice idea 😊
drifting basin
I was using a normalized/legacy combo until I realized how much better autopilot is versus the normalized oscillator
gray perch
autopilot+legacy oscillator=sniper scalping!
What do you normally trade?
regal sorrel
Throw on the Lux volatility for extra confirmation and it’s fire.
i dont understand how to use that volatility thing
analog onyx
i dont understand how to use that volatility thing
The lux volatility measure the magnitude of price variations, high values refer to variations being more volatile (having an higher magnitude, being non stationary), while low refer to non volatile variations (with low amplitude, stationary/flat). Because such measure is scaled we can anticipate when market will be less volatile or more volatile once the indicator reach a specific level. See the documentation page for more information 🙂
empty solar
Which box? The dashboard?
Yep within the settings you can turn it off
Dashboard Type: none
regal sorrel
okk thanks
haughty surge
!settings
hidden moss
Everything you need to know on optimizing signal settings: https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/signal-settings
haughty surge
!visible
hidden moss
Our Discord Market Scanner alerts all use the following:
- Default Lux Algo (V3 inputs).
- Normal trading hours (no extended hours)
- Main exchanges / brokers such as NASDAQ / TVC / FXCM / OANDA / COINBASE / BINANCE
If you have created your own, custom TradingView alerts, be aware they are set per the exact settings you had at the time you set those alert(s).
empty solar
Hahahaha morning 🤓
normal barn
Anyone else catch MARA on the cliff last night?
raw terrace
Anyone using lux algo for scalping cypto?
analog onyx
we dot not recommend trading binary options, these are very complicated to trade, and are mathematically unprofitable.
hidden moss
Makes sense. It was just a random thought I had. My bad. Deleted that message so as not to tempt anyone with that poor idea. Lol.
analog onyx
Makes sense. It was just a random thought I had. My bad. Deleted that message so...
Thanks, no worries 🙂
gaunt jewel
Hi i just suscribe and i want to know if ther is a place to find a coplete explications off all posibilities ?
stuck talon
whatt best time frame for forex pairs using Lux Algo?
empty solar
Hi i just suscribe and i want to know if ther is a place to find a coplete expli...
What do you mean by this?
!docs
hidden moss
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
empty solar
We have docs if that helps for every feature?
empty solar
whatt best time frame for forex pairs using Lux Algo?
Whichever you have the most success previous to Lux really but anything lower than 15m is dangerous for most people
stuck talon
and i see in optibot that every pairs are different settings, so how to setup each settings for their pairs?
empty solar
You would need to change the settings individually
stuck talon
if i set an alert for a setting and change it for another pair and set a alert for this pair, each alert will be saved with the settings i saved it? Right?
empty solar
Correct it'd be saved
stuck talon
and what about the recommended sensitivity on the lux dashboard?
empty solar
What about it in particular?
regal sorrel
Is there a place to give reviews for this Lux Algo on TradingView?
this is awesome actually, the whole day I've been combining that oscillator with another indicator and its so good! though im still unable to figure out how to use the lux indicator properly the oscillator is good!
empty solar
Absolutely you can leave a comment under our script 😊
regal sorrel
ohhk on trading view itself?
analog onyx
ohhk on trading view itself?
https://www.tradingview.com/script/S8svsT4N-Lux-Oscillator-Premium/ yes, you can leave a comment here 🙂
regal sorrel
done. thank you!
stuck talon
What about it in particular?
i see an recommended sensitivity on the lux dashboard, it's different of the sensitivity from the optibot
regal sorrel
i see an recommended sensitivity on the lux dashboard, it's different of the sen...
Opti bot settings are also not like ideal to use, they're figurative i believe.. sometimes try changing a few points above and down, and check the chart, whatever fits best, use it.. and I noticed that these setting should be tweaked like roughly every 4-5 hours
@empty solar there were instruction on how to block direct messages from other people here right.. can you point me to that
empty solar
Have a good night @regal sorrel 😊
stuck talon
<@!456590452703887373> there were instruction on how to block direct messages fr...
thank you
elfin thorn
Hi Friends, Could you please share some good strategy to swing trade stocks using lux algo with any other indicators ?
lament lark
How long do you typically spend on a single strong buy/buy to strong sell/sell trade? Do you buy at a signal and sell within 15 min for some profit or do longer holds?
white vigil
How long do you typically spend on a single strong buy/buy to strong sell/sell t...
what about the 15 min .. thanks
hidden moss
Hi, can you also give the good strategies to use for long term holds, ie a few weeks
empty solar
We don't provide official strategies since that's very specific to the asset but you'd want high values of sensitivity if you're using signals or high oscillator lengths
hidden moss
Thanks.. Where can i get an official guide to the products please
empty solar
!docs
hidden moss
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
Also where can i find Trend Tracer and Trend Catcher analysis!?
hidden moss
Lux Algo Full Documentation & educational resources: https://docs.luxalgo.com
Thanks
empty solar
Also where can i find Trend Tracer and Trend Catcher analysis!?
Analysis?
You want to enable it?
hidden moss
Yes please
hidden moss
Is it on invite only scriots?
hidden moss
Understood thanks very much for the help 😊
celest glacier
How to understand trend tracer ?
analog onyx
How to understand trend tracer ?
Its a trend following indicator, and can estimate the direction of the trend, with an uptrend being identified when the indicator is in green and a downtrend when the idnicator is in red see https://docs.luxalgo.com/lux-algo-premium-indicators/lux-algo/indicator-overlay#trend-tracer
empty solar
@mortal sorrel Wrong room to talk in
frank mesa
Always weird to see people complain about the signals of Lux. Lux is not magic, it just a powerful indicator to help you. No indicator can ever be blindly followed, you always have to do your own analysis. If there ever was a perfect indicator then that indicator would negate its own purpose because everyone would use it.
empty solar
Absolutely agree @frank mesa 😌
If something doesn't work for you that's fine, just keep doing what you were doing 😊
fleet anvil
Always weird to see people complain about the signals of Lux. Lux is not magic, ...
it comes decently close, if you use it properly. my biggest failure has been bad risk management, but that's not the tool's fault. It's 100% on me
digital cairn
watchout for $SUSHI
ebon sable
@empty solar how do i cancel?
thin trail
@ebon sable - email support@luxalgo.com or click Manage Account on https://luxalgo.com
delicate bluff
HI everyone. Can someone add DOGECAD on trading view please?
empty solar
@delicate bluff we don't manage TradingView but you could ask TradingView directly
delicate bluff
ok thank you
compact idol
I struggled for a few weeks to find the golden nugget that I knew was in this indicator that would assist my style of trading. So far I have found it to be great at helping to identify bullish divergences on 4h+ time frames. As with any trading indicator its not a blind signal to buy but man does it save time not having to look through tons of my favorites coins looking for BD. Here is an example of a pot stock I was looking at today. I mean look at how easy that is to see and look at how its lines up with the divergence in the RSI. This shit is Cherry and a huge time saver IMO. My personal time value of money is above $65hr. So this indicator pays for itself within the first week of each month if not sooner. Just based on the amount of time it saves me in my TA.
thin trail
awesome & glad you find value with that feature :)) it’s great to see, and of course normal to find only a few things you like & want to incorporate into your strategy
delicate bluff
👍
compact idol
I think the key is it fits into my strategy not is my strategy
thin trail
I think the key is it fits into my strategy not is my strategy
yep! indeed is usually how people find value in the indicators
compact idol
i wanted to defend you guys a little. I see people upset about it not giving good signals. "chuckle"
delicate bluff
like the saying goes "due diligence"
short timber
Always be careful tho 🙂 Welcome
hybrid pelican
@short timber Thank you 😊
short timber
300 to 3500 on HBAR a day ago, then lost it all on a yolo trade 😁
hybrid pelican
Hi all. Can someone explain the difference between confirmation and contrarian ? Please 🙂
In layman's term if possible hehehe
empty solar
In layman's terms one goes against the trend
The other goes with the trend
Contrarian seeks to give signals contrary to price movements predicting reversals
Confirmation goes with a trend
onyx prawn
You can make huge gains if something is under bought with a contrarian buy signal along with other tools to help support your decision
hybrid pelican
Hi, I think something wrong with the CSS styling haha. Sorry for raising this kind of question. Is the Contrarian Sell or Buy?
i think sell and buy overlap each other
empty solar
Do you have 2 versions on the same chart?
hybrid pelican
how to know? sorry still not familiar in tradingview
hybrid pelican
Per check, i have 2 Lux algo running.
Thanks Sir.
hardy knot
Any one can explain how the break volume on the lux oscillator
empty solar
The break volume?
haughty surge
Anyone ever seen such a big spread? Wtf??
normal barn
Yeah especially after hours, lots of stocks do that. Especially low volume ones
hidden moss
AMC is making another run at it huh?
normal barn
I’m a bit scared of it in the teens, but it’s probably not a bad play with a potential squeeze.
Weren’t there rumors of them being acquired?
onyx prawn
I was up $1300
I’m not selling this shit. AMC is way undervalued
Kirklands is more valued then this
That’s a joke
normal barn
I hit a home run on AMC a few months ago during the whole Reddit army run, had a bunch of short expiry calls and woke up the next day like $7 above break even.
onyx prawn
Do it and hold bro lol we will be holding some bags
normal barn
This was a solid week for me, trying to avoid really risky plays and getting really good setups has paid off
onyx prawn
I’m not selling until about 60 bucks
2k is not that much to lose for me so I understand
normal barn
I might throw some calls out there, or write puts. Yeah I did $2000 in my IRA this week, just transferred it over so I could trade it myself rather than having an advisor
onyx prawn
I don’t think playing it safe all the time makes anyone a true winner
Some people want 80 bucks a day and they are fine with that
Can never disagree with the IRA
normal barn
Well it’s an IRA so I’m not making any income off it, I can’t touch it. Would be nice to stay consistent
That’s why I’m not playing risky on it, it’s my damn retirement lol.
I have a 401k also but I can’t self direct it. It’s Lame as F, I have to be 100% invested but only have like 20 mutual fund options
normal barn
Trading? Or elsewhere
onyx prawn
just earned income
normal barn
Yeah, same actually. With my job and rental income
normal barn
I’ve got a ton of money tied up right now in a house, once that sells I stand to make about $60,000 and most of that will go direct into my trading account
normal barn
Don’t get me started on that. Lol
I had 550k doge at .002
I made $500 on it and was happy, back in 2018
onyx prawn
omg
onyx prawn
im crying for you
i got it at 55c
Not selling ever
$700 bucks worth
i dont care if goes to 10 cents
normal barn
Yeah I was in $1500 or so
onyx prawn
it could go all the way back to 2 cents
normal barn
Could have paid off my car and house with that
onyx prawn
still not
paperhands chris
LOL
💠 hands here
I really want to YOLO AMC
but thats dumb
normal barn
Haha it wasn’t paper hands, back then it really didn’t have any hope to being a major player in crypto
It was 30% profit and I took it
onyx prawn
Im completely joking
normal barn
Lol yeah I do get shook a lot though
normal barn
Yeahhh. I wish I could redo the last 10 years
normal barn
I’d literally live in a shack for 9 years and throw everything in BTC.
onyx prawn
stock market crash will happen with Biden.. my money maker there
lmfao
puts on everything
normal barn
We are overdue for a correction, and it tried to this week
onyx prawn
for about 10k investment you can buy a mining rig that will net you about 150 a day
True passive income
yes we are
normal barn
Would be great to lose 30% or so. Buy everything
onyx prawn
Im thinking in the close future.. 1-2 years we will have a 2008
hidden moss
That rig would be paid off in what, 67 days?
normal barn
$150 a day? I thought it was more like $10 a day
onyx prawn
@hidden moss Josh hashrate pay out would be around 80-150 a day with 3090 GPUs
hidden moss
Gotcha
normal barn
GL getting a video card right now though. I might be able to sneak an RTX. My friend has one on hold but does t even want it anymore
normal barn
I’ll have to look into it, actually have a few spare servers in my house. GPu in them isn’t great but I have the frame
looks like 8 3090s can put out about $130 a day, 120 in profit
8 3090s will cost $12000, plus add another $1000 in expenses for the rest of it.
inner sentinel
Indicators is telling me buy but it's a sell? I tried changing sensitivity and agility according to the optibot15 but it's showing something else
normal barn
What’s your chart look like?
onyx prawn
if ur a noob like me only use 1 hour or 2 hour
empty solar
@inner sentinel What do you mean by that?
inner sentinel
I'm still trying to figure out the settings
normal barn
You can’t just listen to buy and sell signals, have to use other indicators to get a good read.
onyx prawn
Live Q&A
inner sentinel
I'm trying out the trend tracer now
normal barn
I’ve been using oscillator + signal, plus the cloud as support/resistance
inner sentinel
It seemed indicators lagged
onyx prawn
Live Steam Sessions and set an announcment that it will be at this time... etc etc
normal barn
Would be awesome to set alerts for entire watchlist, but that’s on TradingView side
inner sentinel
Oh I'm in the wrong chat for questions lol
onyx prawn
Who knows the in and outs of Lux and trading
empty solar
@inner sentinel That's ok, all indicators lag unless the lead. So features like the Trend Catcher, Oscillator etc can lead
Confirmation signals naturally are lagging indicators
We can look into a q and a about lux
That'd be a busy event
onyx prawn
For example: Could give an trading idea of how to set an entry into a position and show live example with results
inner sentinel
@empty solar thanks
normal barn
I trade 5-15min a lot and I like using the clouds as my buy/sell points. Especially if they are trending clouds in the direction you are trading
onyx prawn
I think it would be great, if it very competent traders hosting this... it brings so much more value to the table with the discord itself then it already does
inner sentinel
Is the clouds free
empty solar
Is the clouds free
It's built into Lux
normal barn
ROKU on Friday spiked down, hit the support side of the cloud. Calls were stupidly cheap for some reason. I got in and hit BE within 10 min
onyx prawn
@inner sentinel yea bro
grim bone
Anybody use the Oscillator indicator?
fiery idol
Interesting use of the cloud
echo aspen
fiery idol
so if price is far away from the cloud you ride price against trend and set TP cloud you saying?
onyx prawn
Okay I think IMO a good setup is:
The Lux Premium
Lux Oscillator
RSI
MACD
fiery idol
I’m so done with RSI
fiery idol
Lol
onyx prawn
Put the vape to 200 watts
normal barn
I ignore most signals in premarket and AH, they can give false signals pretty easy on low volume. But Here is what I saw on ROKU Friday. After watching it a few days and it constantly keeps pushing for 320+.
Was more of a scalp play than anything though, never intended on holding past an hour or so
onyx prawn
oh wrong clouds
normal barn
normal barn
Nah, I didnt even have it on my WL
onyx prawn
I wish those poor souls harmony and peace
onyx prawn
Oh no you sold
normal barn
it was like 15 shares
onyx prawn
with that pretense
normal barn
What happened with DIS?
I mean I see they dropped, and its definitely Bearish right now on daily chart
onyx prawn
Its still long term bullish imo
Those who wanted a quick dump for earnings is who I am mainly aim at
normal barn
yeah depends on your time frame
daily chart looks pretty bad for a buy time right now... pretty strong sell pressure
onyx prawn
thats some of the reason AMC went up
onyx prawn
Disney wont be hosting some movies on their platform until later, I think 45 days after in door movies release
normal barn
wait for it to punch through that support, buy it a little less like 158 or so and then hide it from my screen for 2 years
normal barn
I am much more of a trader than an investor
except ive had much better success investing
lol
onyx prawn
yeah being over analytical can be a loss sometimes
got to take your inner assburgers and revert and come down to earth
sometimes
normal barn
I had 1000 shares of AMD at 17.35 a few years back, that was my investment long term, and I had paper hands
its happened to me countless times
normal barn
but with 4 years of trading, this is my first positive year and we are about half way through. I've had positive months every month
sometimes you have to take the tough lessons and lose money to really learn
onyx prawn
Im doing a small yolo with this 2k for AMC. I really am hoping this WSB can take down the hedghogs one more good time
hidden moss
Makes you think twice about your next trade
normal barn
thats why I hated paper trading, its too easy. It means nothing and is a horrible test of emotions
hidden moss
Anybody use the Oscillator indicator?
I have been
hidden moss
thats why I hated paper trading, its too easy. It means nothing and is a horri...
100%
normal barn
Its pretty common for the 4th and 5th years of traders to be the turn around point though. Just have ot make it that long, survive
hidden moss
thats why I hated paper trading, its too easy. It means nothing and is a horri...
Agreed.
onyx prawn
@normal barn its not for everyone but if people always are scared of the stock market for an seemingly insignificant loss at the time they will eventually increase wealth over time from mistakes. If I do 2k a month and play a month in options, how plausible is it I lose 12 times a year. In my opinion, I dont think its likely unless your just terrible at making an in the moment analysis
I think more over my point is I would create more than the average trader because of my risk tolerance at that price
Say I made 15k off a 2k bet. Is it smart for me to play that 15k gain now? No
normal barn
I used to gunsling a lot and trade high risk, overleveraged plays. I can control my emotions a lot better and play smaller. Theres no need ot throw 40% of your account at one trade.
My biggest risk on the table on Friday was $400 on a call
and I finished up $1200 on the day
didnt need to throw the kitchen sink at a trade at all
onyx prawn
oh indeed
normal barn
sure, I had stock equities, but I dont assess their risk the same. Options is full risk, the likelihood of a stock crashing to 0 is almost nothing. Not to say it doesnt happen, in fact it has happened to me.
but that was a young stupid trader, following momentum trades
which can rip your account to shreds in seconds
onyx prawn
I guess my point is if you made 15k and portion it out to a percent you would be willing to lose in a month. I honestly think its hard to lose over a year
there are alot of risky options variations but some are very safe
normal barn
they are all teh same too, hype hype hype... everyone gets in, circuit breaker, reopen, circuit breaker, reopens --> bearish announcement and then the stock gets crushed
onyx prawn
I think the difference for AMC is no one is following any FUD for it
normal barn
and then you are stuck with your thumb up your ... while waiting for the downside circuit breaker to clear so you can attempt to dump your shares and hope for the best 🙂
If I get into AMC, i could feasibly see myself buying 50 shares, that way I am not risking a ton and I dont have to play with my emotions
I can set it and forget it, put a limit sell in like the 30s or 40s
normal barn
I still definitely take homerun swings, but int eh case on friday, my homerun swing was ROKU call same day exp
onyx prawn
I heard a rumor and the big dogs can see limit orders
normal barn
sure, they acn see limit orders, but do you really think they care about 50 shares?
normal barn
@inner sentinel theres another cloud indicator too
onyx prawn
probably like 500k shares haha
inner sentinel
@normal barn okay let me go check. Thanks
normal barn
Im trying ot find it
I cant find the setting for the clouds
oh, its reversal zones
onyx prawn
Which candles you use @normal barn
inner sentinel
@normal barn thanks! Any special settings or just by default? Can you explain or interpret the clouds so I have a better understanding? Please, thanks!
normal barn
Sorry give me a few I’m at the stor
The clouds act as resistance points, typically as a reversal point. There’s nothing that guarantees it but they usually hold up pretty well.
I use just the regular candles, or did you mean something else
haughty surge
I’ve been going through the news, compiling a watch list for Monday 5/17, this is what I have so far, keep in mind tomorrow I plan to shorten the list by going through each symbol one by one and rating it used my scale to see which one I wanna keep and which I decide to pass on, but I won’t give you guys that list cause then I’m doing all the work for you:
05-17-2021
Stocks to watch
RMED
AMC
GLYC
OCUP
PLBY
VECT
VXRT
LEDS
LFMD
EYES
NOKPF
MARA
RKT
PTE
FUBO
DDD
AFRM
PLTR
PTON
ACRX
GE
BLRX
STEM
FSR
UBER
INTC
CPSH
HOL
HUMBL
upbeat iron
@onyx prawn Do you use any options flow software?
onyx prawn
No but I know about them
Do you have some questions on it
Or any advice if you have any on it
@upbeat iron
haughty surge
It’s bad it’s kaka pooo poo pee pee shire
onyx prawn
Risking it for the biscuit
haughty surge
I’ll def be looking to day trade some shares depending on their performance
onyx prawn
No! Not allowed lol
haughty surge
Lol
onyx prawn
Buy and hold to the moon
onyx prawn
Keep track of how much you make if you do it
And I’ll show you mine
I bet my eggplant is bigger in the end 😛
onyx prawn
How much you make a year you think
upbeat iron
@onyx prawn Yes I have and I use on daily basis
onyx prawn
You gonna have to show me the ways lol
onyx prawn
Dam so that means over 100k lol
onyx prawn
Yes sirrr
haughty surge
A spare bedroom in my house is listed as a home office
onyx prawn
I’ll have h&r do mine this year
It’s too weird for me to do myself
I usually do turbo but I’m not comfortable doing mine this year
haughty surge
Ah I don’t go to big names like that I prefer low key accountants cause they don’t follow the rules to the T, they know where they can bend the rules a bit
onyx prawn
Oh okay any suggestions
haughty surge
Depends I’m in NYC so I know them out here
Other states just gotta do some digging and go for just regular offices, no national brands
onyx prawn
I’m in North Carolina rn but no worries I’ll find them when it comes time
haughty surge
I know a few there but they are by Charlotte
Cause I own property in South Carolina
onyx prawn
I got an annuity of 1mill, divorced, getting out of the service, will have a job, do stocks, and other stuff that changes my situation
haughty surge
If I were you i'd just take about 30k and do stocks
with 30k you can day trade, youll have day trade buying power of about 115,000$
onyx prawn
It’s broken into 20 years so it’s 4K a month
haughty surge
save up 🙂 i was doing real estate, buying properties, and either flipping them or renting them out
but then one day i decided to try stocks, make 15k in a month and a half sitting at home
and havent stopped since
and of course you gotta invest into tools, not just lux algo, like benzinga pro, etc
haughty surge
you get financial news before anyone else
charts
financial details for companies
a live radio
stock scanners and sweepers
daily gainers and losers
onyx prawn
Ohh I see
haughty surge
everything you need to know what symbols are doing what
you can even search for "SEC" and get all the symbols that recently did an SEC filing
or FDA, and see what is about to get approved
haughty surge
from there you can a head start on stocks, than you sell the hype, when it goes sky high, cause you never sell the news, thats when the stock tends to drop, in my experience
its like dogecoin, the hype was that elon musk was gonna go on SNL and push it forward, dogecoin flew up, after he went on SNL, dogecoin flew down
wide sand
There is nothing that compares to Benzinga Pro in my humble opinion. (Sorry for intruding: Benzinga Pro was my cue)
onyx prawn
Haha pogs
haughty surge
yea benzinga is definitely a life saver
onyx prawn
Im getting it
haughty surge
yea but trial is limited, no squawk box, and a few other features are off
coupon code for benzinga should still work: SAVE20
20% off
wide sand
oh i thought you had the full experience
onyx prawn
You guys got the basic?
haughty surge
pro
wide sand
either way someone will call you to give you the entire spiel
get the pro
i think basic is a free news source
haughty surge
definitely want the pro
wide sand
but no fancy tools
onyx prawn
wide sand
yes
onyx prawn
There is basic, essentials, and enterprise
wide sand
let me see
haughty surge
do the pro, use coupon code SAVE20, and choose quarterly, comes out 100 a month
onyx prawn
Haha why worry about it when it pays for itself
haughty surge
pro essential
onyx prawn
True
wide sand
gives you more flexibility throughout the year
haughty surge
yea im benzinga pro essential
i just checked
Benzinga Pro Essential Quarterly
Renews on 08/07/2021
Base Price
$377.00
CouponSAVE20
20% off forever
Total Charge
$301.60 every 3 month
haughty surge
i would but i dont know if they track that or not
onyx prawn
They prolly do
haughty surge
like to see if multiple IPs are logged in at once
wide sand
Benzinga Pro Essential Quarterly
Renews on 06/02/2021
Base Price
$377.00
CouponTRIAL25
25% off forever
Total Charge
$282.75 every 3 months
haughty surge
same here
wide sand
did you already pay premium?
onyx prawn
Dam thanks ben
onyx prawn
Will upgrade to get extra discount
wide sand
Premium wasnt really useful
unless you need seconds intervals
for intraday trading
most dont need it
including professionals
too much friction
you dont give yourself any leverage
or room to scale
haughty surge
tradingview for me has been acting up though, the desktop app at least, for macbook
haughty surge
my chart is acting weird
like sometimes if i change from 1 min to 5 min or 5 min to 15 min
the chart looks like a flat line
its weird
haughty surge
and then i gotta zoom but then it doesnt all fit
onyx prawn
Ben I just got the highest package cause I’m cool haha
Jk I think it’s cause it’s got more server side alerts
Can’t really remember the reasoning behind it now
wide sand
haughty surge
but yea @onyx prawn read this article, and itll give you a rundown of using benzinga pro to make $$
wide sand
bottom right corner
click auto
it will adjust according to the bars you on your display
and will adjust to different intervals/timeframes
haughty surge
wait i see it
wide sand
yes!
haughty surge
yea its on auto already
haughty surge
nah
see on my screenshot
how the bars are cut off
at the beginning of the chart
wide sand
from left to right?
haughty surge
yea on the left side
onyx prawn
That chart has weird bars
haughty surge
yea thats what im talking about
onyx prawn
Try heiken and swap?
wide sand
i use standard japanese candles and heiken ashi candles
wide sand
but hold
on
i dont see the 'auto' option selected
so try this
click auto
but dont slide the price panel up or down
and then switch timeframes
wide sand
but im referring to this
look at the red circle
click "auto:
and then mess with timeframes
without messing with the chart
wide sand
yes
haughty surge
i guess its cause i didnt click it
haughty surge
oh okay yea that fixed it
haughty surge
ty
wide sand
anytime
dim tartan
Anyone have some good settings for Doge? Kind of want to swing trade to increase my coin count.
onyx prawn
Now I know how to fix it if it happen to me haha
onyx prawn
@dim tartan sensitivity to 1 million
wide sand
it takes some getting used to but well worth it
dim tartan
<@796556383751372800> sensitivity to 1 million
lol
onyx prawn
Cause that’s only way you gonna swing a billion air trading that thing hahaha
hidden moss
Any good video resources to learn how to use this better? Just got my CMEG account up and running last week, only traded one day but did well. Would like to start utilizing the algo more, but definitely need some tutorials.
Sensitivity to 1 million lol, you must be talking about my wife.
dim tartan
So it’s NOT a good idea to swing trade Doge? I assume because anytime Elon tweets the thing goes wild.
onyx prawn
Hahahaha
wide sand
So it’s NOT a good idea to swing trade Doge? I assume because anytime Elon tweet...
sorry cant help on that one
dim tartan
Sensitivity to 1 million lol, you must be talking about my wife.
Same here.
onyx prawn
@dim tartan use Elon’s Twitter account instead of benzinga we have been talking about here lmao
There you go swing off of that
Free signals, curtesy of Elon
haughty surge
im finally done with my watchlist for monday
🙂
tomorrow, ill do some news digging on benzinga for each symbol, put a star next to the symbols that have news over the weekend that may affect the price
and monday, the gains start
haughty surge
05-17-2021
Stocks to watch
RMED
AMC
GLYC
OCUP
PLBY
VECT
VXRT
LEDS
LFMD
EYES
NOKPF
MARA
RKT
PTE
FUBO
DDD
AFRM
PLTR
PTON
ACRX
GE
BLRX
STEM
FSR
UBER
INTC
CPSH
HOL
HUMBL
FOUR
IHT
WKHS
onyx prawn
What’s rmed
haughty surge
the list will be reorganized by importance tomorrow
supposedly they should be a mover
haughty surge
a mix of benzinga, youtube podcasts, financial news, stocktwits, etc
i gather info from several sources
onyx prawn
haughty surge
like RMED beat their estimate in their quartlerly
onyx prawn
Nice
onyx prawn
That’s a big bump
haughty surge
EYES is on my list too, and thats also on that news feed with RMED
OCGN i forgot to add i think, OCGN just got EU approval for covaxin, cause astra zeneca vaccine is causing blood clots
onyx prawn
Oh dam I see some settlement money coming
haughty surge
thats from may 15th
aka today
but yea if EUA or FDA say one positive thing about OCGN, expect it to hit 15$ or higher
haughty surge
but yea i take my watchlist i plug it into my watchlist for the week in benzinga, and i get alerts on all incoming news and alerts
including price jumps or drops
onyx prawn
Is life stressful hahah
Ding ding ding
I think i would go crazy from so many alerts lol
onyx prawn
First and last
haughty surge
by 11:30, it slows until after lunch, then power hour im just trading the stocks i picked for the day during morning session
onyx prawn
Yea true
haughty surge
if i hit my daily goal by 11:30, im done for the day to avoid any risk of losing
my daily goal is 1,500, if i can get more by lunch, i will try, but once i start seeing that im starting to lose, i take my profits and im done
same technique as i use in the casino
onyx prawn
How much do you “risk” each day
haughty surge
i dont know
say if its a 20$ stock, ill usually buy 1,000 shares at a time
but if i see im in the red by over 500 and its on a downward spiral, ill sell 2000, so now im short selling
once that 500$ loss breaks even ill buy to cover
or ill let it ride and make a profit
onyx prawn
You use a brokerage through trading view?
sacred oak
can anyone help me which his best auto setting or optibot setting
haughty surge
merril holds my IRA
ameritrade my day trading account
charles for my long positions
webull for some crypto, but i just opened that one recently
haughty surge
Putting quarters into a piggy bank > Robinhood
wide sand
:/
onyx prawn
I agree
wide sand
I have Fidelity for IRA
onyx prawn
I’ll get into TDA soon
onyx prawn
I might do Webull
haughty surge
I like webull cause of the option for 4 am pre-market trading
onyx prawn
I like the alerts they have
wide sand
yeah webull is solid
haughty surge
think or swim is definitely one of the best platforms
charles schwabb's streetsmart edge is good too
wide sand
yup
onyx prawn
I hope trading view allows Ameritrade
wide sand
meh
haughty surge
nope
wide sand
i wouldnt trust it with the slippage
haughty surge
TOS is too quick for tradingview i think
wide sand
TD already has OKAY slippage
haughty surge
TOS is so fast that it registers accidental clicks
thats how i fell into short selling
onyx prawn
Lol wtf
haughty surge
to my luck, it made me money
haughty surge
cause i was selling cause the stock began to fall
so when i went short i was like wtf why am i still making profit
haughty surge
yea
onyx prawn
Wake up infinite -account
haughty surge
but another good thing w/ TOS is the free level II, webull only gives it to you free for 3 months i think
cause thats important when you sell your stocks
instead of setting route to auto, you can choose which routing option you prefer
and you can sell your shares for a few cents more per share than the auto routing
those pennies add up
onyx prawn
Oh I bet
haughty surge
4 cents extra per share on 1000 shares, do that 3-4 times a day, for 5 days
onyx prawn
No thanks sir haha
onyx prawn
Go fund me.com/ohryx
onyx prawn
Lmfaooo
lament lark
I’m much easier…I’ll take just 5k and do some day trading 😦
haughty surge
you must not be in the USA
onyx prawn
Can’t day trade with 5k haha
lament lark
Tbh, I’d probably put it in BTC or other crypto because I don’t day trade 🙂
haughty surge
5 trades, lmao, i do over 10 trades per day
onyx prawn
I was saying you can do 5 trades without getting account flagged
onyx prawn
I might be wrong
Your the day trader so you probably know better
I just know it’s not a lot
haughty surge
yea i think its 3 round trips in 5 days
3 round trips on the same business day within a 5 business day period
onyx prawn
Chris check your dm papa
normal barn
I actually just switched back to TOS and I’ve tried a lot of brokers. It’s the most responsive, easiest to use, but the problem is the order selling to 3rd parties. It doesn’t matter on really liquid stocks but it matters on low volume and spready stocks
onyx prawn
Yea shit lame lol
normal barn
I notice it a lot on options, they make you chase. You throw a bid in and all of a sudden both the bid and ask go up amd there was no volume
haughty surge
yea sometimes its like that @normal barn thats why you always have level II pulled up
onyx prawn
Im gonna start watching some videos on TOS so I can get into it
haughty surge
so you can see supply and demand
onyx prawn
Gonna stop using robberhood
normal barn
Yeah the level 2 on options isn’t easily found on TOS
onyx prawn
I swear if they stop me from buying AMC during this short squeeze I’m gonna lost my sheet
normal barn
You have to use the contract and right click and pull it up
haughty surge
like 30% of robinhoods customers switched to TOS after the GME incident
onyx prawn
Hopefully they learned their lesson
haughty surge
and i think they are still in the middle of the congressional investigation
for stopping trading
without authorization
normal barn
I’ve tried Robinhood, TOS, webull, interactive brokers, tastyworks, fidelity, trade station
onyx prawn
Yea SEC just wrote something saying if they do it again they will selling collateral
In order to cover
normal barn
TOS gives you the most bang in an app, Tradestation is great but expensive to subscribe. They had super intense level 2 data, direct from the floor
You could see every move made on a stock
normal barn
Yeah, but it was really nice seeing hidden orders
haughty surge
but you can write/add custom scripts with ThinkScript, kind of like tradingview
haughty surge
i got a thinkscript on my TOS, that gives me buy and sell signals
normal barn
Yeah I want to write a script that combines a lot of indicators, but I’ve been lazy at it
onyx prawn
Guys check that SEC ruling that is approved in that vid
haughty surge
listened to it
haughty surge
they can try
haughty surge
one thing i know is for example if robinhood tries anything sneaky right now they will burn
onyx prawn
That
haughty surge
they are already under the spotlight
for me, i rather use a prewritten script then waste my time writing one myself
onyx prawn
They just need to let citadel burn
onyx prawn
Yea
haughty surge
ive made 2000-3000$ gains in 60 seconds with stocks
then i flip the script and short the stock on its down fall
cant make gains that fast with options
onyx prawn
Your “buying” x100 shares of the underlying stock in 1 contract
haughty surge
yea but there are other factors like
if its in the money or outta the money
in the money = less gains
higher price per contract
outta the money you gotta wait for it to hit the price before you can make a profit
onyx prawn
Yea true but it’s more of an security