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2 Part Question: Sell Rules, How to Use KeyList for those who cant watch market all day.

QuestionsCategory: Questions2 Part Question: Sell Rules, How to Use KeyList for those who cant watch market all day.
Drew DeMann asked 6 years ago
Pat, Selling Rules: I would really like if you could do a detailed video review of your sell /exit rules.  1) where you place your initial stops (where and what percentage you sell at each initial stop level below the initial purchase price), 2) how you exit as the stock breaks the 8 EMA after a good run ( i.e first close below?, the second close?, how you scale out.   Entry for someone who can't watch the market all day: For those of us who work during the day and cant watch the markets all the time and look at the breakout at the exact time of the break above the KeyList trigger highs, how should we use the Key List information to enter a trade?   Should we place a Buy Stop Limit orders at the breakout level on the Keylist and then confirm volume at end of day if it gets triggered to see if we should hold the position through the next day? Should we just wait / watch for your realtime BUY tweet to pull the trigger and enter?  IIf so... I have a suggestion.  I love the minute to minute tweets that you make during the day when I have time, which help me learn how you think... but when am I am busy, I almost have to tune them out which means I also mss the important VIP alerts. It would be SUPER helpful if you had a separate channel to send out the VIP trade alerts for buy and sell...This is what Mark Miniverni does. He sends a text just for these alerts which makes it easy to watch for. You could TEXT those alerts separately to your VIP users which would be amazing and leave the market commentary to Twitter?  Give it some thought.  Or maybe just copy and paste BUY/SELL alerts to a special twitter feed?  Not sure which is easiest for you but I bet a large number of your follows have the same issue since most of us work. Sorry for the long questions. Absolutely LOVE your service!!!!
2 Answers
Avatar photoOwen Staff answered 6 years ago

Hi Drew,
Video from Patrick:
https://youtu.be/opJQs2gY7Uo

Avatar photoOwen Staff answered 6 years ago

Hey Drew...

about the alerts...
I've been working on an App that will replace the VIP Twitter Feed with our own custom platform. The objective is to push notifications to the App based upon individual user-defined criteria. Essentially, each user (subscriber) will be able to customize their own profile and receive notifications, in real-time, as Pat posts them to the feed.
As you can imagine, there are a plethora of considerations for which to be accounted prior to a fundamental shift from Twitter. I am hopefully optimistic we will be in beta this next month. We have reached a point in development at which I felt comfortable to convey this to the whole group; I sent a very short note out in the Key List email blast this evening. I suppose tomorrow would be a good time to loop in Patrick on the plan. ;-)
Owen