Important Matters to Discuss: Real-time Profitable Calls / SF MS / Real 3rd Party Auditing / Michael Stokes = Epic Failure, etc.
There are a few things that I need to get straight with our community, I ask for your patience in listing them.
First off, Greenfaucet.com and I have cordially and mutually agreed to part ways after 50 weeks. It looks like my style (of writing/ trading/ speaking?, etc.) is not really such a good fit for that site. Greenfaucet and iBankCoin are like night and day, but both are exceptional sites. Greenfaucet caters to the conventional, while iBC is the epitome of everything unconventional. Most important, I continue to remain friends with Chip and Jim, for whom both I have the utmost respect.
However, something had to give. I was in a constant struggle to find equilibrium between both sites, but I could not do so. I had to give one up. As you know, I am an equity owner in iBC, and therefore I feel this is my home. I think you’ll find now that I will have more time for you guys here on iBC. Perhaps also it’s good to focus on building a brand on just one site. In any event, I feel we’ve grown a large cohesive community here at iBC, and I refuse to abandon it.
This also means that I will not be flying out to San Francisco for the Money Show as a GF representative, for obvious reasons. I’d advise that if you made plans to see me, cancel them, but don’t miss the show on my account. This wasn’t wholly my call, obviously, but I do personally apologize for an inconvenience this has caused anyone. If you are a prospective student and you are available that weekend, shoot me an e-mail ASAP. I will train you this weekend instead since it just freed up.
In future, I will also announce where I will be teaching on the weekends I train a student, giving you another avenue to meet with me, over a few glasses of Grey Goose of course.
———–
Now let’s talk about this Michael Stokes — the guy who attacked me today. I wouldn’t be going on the defense if he didn’t start this nonsense in the first place. Yes, he started it (giggling noises in a playground). For background – he had recently left Greenfaucet himself, under a dark cloud, which may have led to the bad feelings that have prompted these latest attacks. Now he has decided to go after me. Another sign of questionable judgment.
It’s a sad testament to the anonymity of the internet that “this guy” feels he can attack me so viciously while knowing absolutely nothing about me, and what’s more, having never directly contacted me (or even made the attempt) via phone, email or in person . I don’t even know who this coward is. All I know is that his primary “source” is a bitter troll that Fly banned from iBC some 2 years ago. Needless to say, that troll knows absolutely nothing about me as well. So one has to ask … how does one find the cajones to make such libelous claims about someone that know so little about? Is it the false bravado of the Internet that armors this jerk? Does he feel he’s somehow safe doing this?
Maybe he’s not worried about a simple comparison or two, perhaps explaining the differences in our relative popularity? How should I begin…?
Who’s throwing out profitable ideas on their blog?
If you read Stokes’s blog, you’ll quickly note that his posts are not actionable at all. On the contrary, if you come to my blog every single day, you should be able to bank coin (like today). If you follow me on twitter, you’ll likely bank coin on something everyday. You can literally walk onto my blog at most times of the trading day and pick up actionable ideas immediately. That’s how it works over here and I’m grateful for the community we’ve engendered.
Anyone who follows the blog on a consistent basis knows my calls are real-time and actionable On the other hand, “this guy” – who is apparently some sort of odd lot mutual fund system trader (I guess there’s a girl out there for everyone, no?) — does not make daily calls nor does he put his ass on the line on a daily basis like I do. I trade what I preach, and I do so every day while at the same time sharing my ideas with everyone, when in fact, I don’t have to share anything at all. Another point – you can’t get over 2,600 followers on twitter if you suck at trading. Let’s be honest, people don’t follow me for the witty commentary; they are out there trying to gain an edge and maybe learn something in the process. Less able traders, and less (far less?) popular bloggers should not get green with rage over my resultant popularity, but rather learn from my approach. (many who have shared our ideas will attest to this fact).
Auditing, Managing, etc.
I have stated in the past that I am a very private person (remember my 1-yr anniversary post)? I also ensure full 100% protection and anonymity with regard to my fund and my clients. I cannot disclose certain info, especially on the internet, since certain of these people have a habit of posting material on the internet (like private e-mails without the consent of the parties mentioned). I’m 100% sure that if I provide them with confidential documentation, it will be posted on the web, and that means for posterity. My attorney has informed me that the liability would be all mine for such “inadvertent” disclosures. No thanks, jerk bags.
Unfortunately, that still leaves this empty suit clamoring for independently-audited results for my trades. In the spirit of fisking this cluebot, I will offer this admission (for the first time): I have owned as many as four accounts with Covestor, which is a site that auto-verifies and tracks traders’ results. As Woodshedder (who uses it) will attest, it is an independent entity and I have no ownership, interest, stake, affiliation of any kind on the site. I just use the accounts for my own scorecard. One account (the oldest) was ditched because the “cash & equities” feature was not implemented until March 2009, which throws off a true “apples to apples*” comparison, imho. Presently, I have two day trading accounts and one swing trading account which were all created after that period.
*(I believe Covestor started including the “cash” portion of people’s accounts back in March. Prior to this, everyone’s accounts on Covestor were inaccurate, due to the fact that the portfolio’s cash position was never properly accounted. I’m sure Woodshedder can explain this in detail.)
Here is my Covestor profile from November 12 (when I first signed up) till March (when only new profiles accounted for cash): http://www.covestor.com/mbr/johnclee. This is the obsolete account and the return should be greater, but since my daily cash positions were never accounted for, the data is not very useful.
When Covestor finally implemented “cash and equities” into new profiles, I got the three new accounts. Here is one of them: http://www.covestor.com/mbr/chartaddict. Under “Performance” click on “Cash & Equities” in the drop down menu.
You should see this: http://i587.photobucket.com/albums/ss311/chartaddict1/1-13.jpg. Note that +208%? It’s real and all verified by an independent third-party.
Here’s the best part: I have 2 more Covestor accounts both with returns over 150%, each (designated DT-2 *58431 and Swing Trading *58355). I rotate the use of my accounts to keep them all balanced with each other. I’m using my DT-2 account right now. At this point, I am saving up ammunition, just in case someone else wants to make false accusations against me. It’s best to not reveal all your cards at once. Again, I’d prefer to keep as much of my personal, non-blog oriented business as private as possible.
A great thing is that accounts are verified by Covestor, which pulls info directly from your brokerage account. IOW — You can’t fudge the numbers.
Shall we have a look at Mr. Stokes’s own “independently audited-blah blah blah?” Here’s one: https://www.timertrac.com/Private/Research/GraphSignals.asp. This is for the “YK” strategy (I wonder how he did prior to the Great Crash???).
Moreover, it appears this person’s “Timertrac” is the worst possible “independent-auditing” service available. Why? Have a look at how the “auditing” process is done (copied and pasted from their site):
———-
How To Deliver Your Signals To Us for Tracking:
* All you have to do is supply us with the on-going signals or trades as they occur (these are kept confidential until after the delay period you select). You may deliver these to us in a number of ways:
* Rydex or ProFunds Automatic
* If you have any groups at Rydex or ProFunds we can track these automatically — you do nothing, it’s automatic!
* E-mail
* Upon receiving your e-mail, we enter the trade information into our database, tracking both the date and time we received the signal or model change.
* Direct Web-site Entry
* You may login to our site and enter the trade directly into our database. The signal will be automatically time-stamped. If you manage client accounts you can enter these trades after the market closes under certain conditions.
* Telephone
* You may call in your timing changes at any time to our signal recorder. Calls will be date and time stamped.
* Postal Mail
* Postal mail works especially well for timers and asset allocators with long-term horizons or newsletter writers. (We do not evaluate newsletters.)
* Actual Trading
* To use this option you must send us on-going duplicate account statements. Call for details. This is a very easy way for advisors who directly manage money.
* Past signals
* Although we do not allow any “hypothetical” or “back-tested” signals or models; we do allow actual historical information when accompanied by a CPA attestation letter from an AICPA member.
———
Yikes! Look at all the ways one can abuse this system. Phone in the trades you made? Send postal mail? ROFL! You can manually enter “trades” in the website yourself, too?! But hold on — you can even e-mail them what you traded. How cool is that?
FACT – It isn’t much of an audit when “the audited” can manipulate the data inputs.
FACT – Using Covestor, or other service, which automatically links to your accounts and auto-verifies everything is a far more valid third-party independent auditing process. There is no ability manipulation, faking trades, or any “self fudging.”
AND THIS PERSON IS TELLING ME THAT I NEED MY TRADES AUDITED?
I CHALLENGE YOU TO RATHER GET YOUR TRADES AUDITED IN A PLACE WHERE THERE IS NO POSSIBILITY OF MANIPULATING RETURNS.
Covestor would be a nice start. Apples to apples and all.
———-
Here’s and idea: “That guy” and I should have contest: we both make live, actionable and real-time calls for a week and document them and let’s see who comes out on top. Oh, that’s right, I forgot, he doesn’t make live, actionable and real-time calls. Mike, you still want to have a contest? Pick your poison.
Stokes’s statement: “I won’t even waste your pixels with all the reasons that making that guy your lead man epitomizes everything that’s wrong with this industry“. What “industry” do you even claim to be in, cellar dweller? Certainly no one is giving you any money to trade, and the reasons are relatively evident – your “disappeared” histories aside, lol.
Keep this in mind, while penning your next envy tantrum — My returns seem “impossible” only to those that cannot achieve them. Your calls of “bullshit” sound a lot like whining to me. Of course, you can always take me up on my offer. No need to beg off with that dental appointment excuse, I know your answer already.
That all said, I learned from the Fly (who is generous beyond all measure of his cantankerousness) that it pays to be generous. Therefore, if you want some help, I’m here for you. Follow me on twitter or read the comments here and be sure to find my REAL-TIME, ACTIONABLE, TIMELY TRADES – EVERY SINGLE DAY. Who knows, you might even get out of that basement apartment one day after all.
————-
To my CA crew – I appreciate you holding out through that rant, and I also appreciate your being here every day and a part of this community. Tonight, I ask only this:
If you personally benefited from my calls, please state so in the comments section. Show this envious freak what sort of “positive” (or not?) contribution to the stock blogging world I’ve made (you may have seen, he compared my “popularity” with Cramer…unbelievable!). Thanks in advance.
And finally, with regard to what matters the most to me, I was up +14.7% today. If Spit Cup wants to call “bullshit” on that one as well, I’m perfectly ready to embarrass him again. I know, celler dwellers aspire to 14% as an annual target. All I can say is “the world needs ditch diggers too.”
I have more things planned for you guys already, so stay tuned.
—–
P.S. STOP MODERATING COMMENTS ON YOUR BLOG. You must be terribly afraid of my readers. You speak of transparency? How about you start with your blog comment’s section.
Made sweet $$ on ARIA.
Thank you, and may you always be magnanimous in victory.
About time. No offense to GF, but it was a bit annoying to have your content being duplicated over there. As for the other stuff, well, it speak for itself.
Fuck the haters. Let this close out the drama.
I enjoyed a good, hearty laugh with that one.
You’ve helped me grow as a person and trader, thus I am a living testimony to your skills. Stokes may want to try a new “industry” if he feels that he has the right and power to go around picking on the best. The man has truly lost it.
YRCW all the way
thanks for always being one of the guys I turn to.
just today, AXL & CTIC were some winners from your tweets
You were the 2nd person I chose to follow on Twitter. I was prudent and took time to check out your calls and now they have provided some nice gains for me.
Honestly I think the drama has nothing to do with trading. It took me all of 1 day to realize CA has actionable info (I have only been reading CA for around a month).
I have learned a lot and have a lot more to learn and am excited that you feel you will be able to focus more CA. Having your content focused more here on IBC will be great.
Thanks
What up CA- I made a post on Stokes blog earlier but the coward deleted it. It wasn’t even rude to him but just stating how much I have learned from you the past few weeks. Tore up that Ducatti guy a little bit but oh well.
Anyway enough about those bastards.
Thanks for teaching and posting your ideas w/ us on a daily basis. Aside from helping us bank coin if people were smart they would pay attention to the methods behind trades. What you are giving out is priceless.
Thanks for INCY (i bought it first… LOL. Full credit to you though as you pointed it out the prior night), OWW and RTK this week! Keep it up John!
Brian G
sad that he is moderating comments. A true coward.
dude,
i’ve only recently started trading, but from the tweets i’ve read, your calls are mostly legit and right-on. (i’m holding THC which is down right now, but i totally have faith!)
i look forward to fine honing my skills in the coming months, and you are undoubtedly an inspiration/someone whose charting/analytical skills i aspire to learn and master.
keep up the good work on twitter and blog, my friend. your arch nemesis needs to totally shut the f*ck up and learn the concept of “damage control.”
we got your back, bro!
your fan,
geostone02
CA, I have never posted on this board, but I have followed you for a few months. I learn a lot from you and I did make some money trading some of your picks. You are the only trader I ever follow. I read your post and comments everyday. I have kept track of all your trades this past few months, and I truely believe your performance result for the past few months is correect and your trading skill is amazing.
Thanks.
-Yong
Don’t be so prideful that you waste your time on nonsense like this guy… if you are not hated by someone, then you are not anyone…
I’ve been following your calls pretty closely the last month or so. You have a solid system that you trust and you stick to it, limit your losses and let your winners run. That’s the most anyone could ask for. Sure, you come off pretty cocky sometimes, but whatever… dude is just a sorry jackoff if he can’t deal with it…
I would just let it go… he’s taking time away that you could be spending on your businesses, or just enjoying your life!!! Screw him!!!
I’ve learned from your screening/rapid chart process. Good stuff.
Regarding the fellow who’s attacking you: You will be proven to be the success you know you already are. Time will do that. Put it behind you.
Good choice on your interweb home.
Now, go make some money young man!
i can’t express it any better…thanks ca!!!
jeez .. I’ve been a fan & learner of CA since he arrived at IBC … I don’t know why he even bothers defending himself against losers like the whats-his-name above.
There are always gonna be jealous losers who try to take down those who’ve attained the success they’ve always dreamed about, but failed miserably in reality. Instead of getting to the root of their failure & unsuccess, their misguided energies become focused in taking down those who’ve accomplished what they self-defeatingly & continually fall short of.
IOW, they’ve given up …. and in the process of giving up, they unconsciously accept their fate as losers and inherit the kingdom of loserdom.
CA-
I don’t think you “owe” anyone documentation of your trades and results in the Internet web site arena.
Really, it’s nobody’s business except you own. Your calls speak for themselves.
A personal attack is not good, but the resulting drama is not productive.
Many of us here are not haters, or nit pickers, and appreciate the time you take to share your knowledge and post trades, knowing that you do this because you want to.
Thank you.
I’m not going to list all the trades I’ve won from your posts – because it would have to include all the shit I’ve been picking myself – based on what I’ve learned from you (FLY, GIO, RC, JAKE, WOODSHEDDER – all should have your names engraved on my mantle).
I’m so screwed up from hanging out here, making only 7% a month or so for June and July makes me feel like a loser. I’m up 100% since the Feb / March lows, the majority of the stocks showing on my TDameritrade account statements were first mentioned here on iBC.
These clam heads slime your results while your balls are on the block every day here, obvious to anyone with a few minutes to paper trade that doesn’t have a fucking cucumber up their ass.
I wouldn’t waste time on these losers, so blocked up with self-love and denial they can’t fart the cucumber out. Their ability to be petty and go full retard exceeds my patience.
You never go full retard
congrats Doc
Appreciate all the input John shares. While yesterday I was away from market activity, I pay attention to John’s tweets, charts, and posts. Likewise, I appreciate input from additional folks with iBC.
I’ve earned some bucks on your realtime calls for sure.
But as you stress yourself, it is important that we do our own research and not just follow you blindly.
First time following yesterday. Thanks for the real time entries and exits. Tried to keep up. Ended up down but learned a LOT.
Spent $300 in commissions. (broker is happy!)I am new and I am learning in real time with real money.
Following this mornings watch list Big thanks for the great TA.
stick around and you’ll learn even more. thx for coming.
CA, anyone who took one day to follow you on twitter would know your trades are legit… JAZZ, RTK, NVAX are some of your many excellent calls. And your frequent SPX analysis is invaluable. Ignore the haters… Glad you will be on iBC more, this site is a cut above the rest on the internets. Hope to take your class one day or read your book when it comes out.
peace,
Alex
I know that unjust attacks are annoying, and I probably wouldn’t ignore them either – but that is exactly what I wish you would do. Fuck him, and fuck all the other anonymous critics. Don’t ban them. Don’t attack them. And ask your community to stop engaging with the trolls – let’s just don’t feed them.
You post real-time buys and sells – winners, losers, and scratches – all at a frenetic pace. Yet still your credibility gets attacked. Your best defense is your picks – and every speck of energy you spend on your critics is a waste.
A practical matter, answering this guy only helps him. I had never heard of him until I read about him on 1BC. I won’t seek to read his stuff, but I know that somewhere in my brain his name now resides – and that fact makes it just slightly more likely that my brain will prompt me to click on some random hyperlink with his name on it. – and that, after all, may be the game that he is baiting you into.
CA – yo homie!
I personally can vouch for the fucker, because i’ve personally known him from college and after college for the last 5 years now. Solid motherfucker, who has unbelieveable returns year in and year out. I’ve worked on multiple projects including newsletters and a book (that we never got close to finishing lol).
Later, fool
CA,
Your trades are so actionable that every time I get a tweet/tm, I get a hard on.
I guess the only way this gets better is if I understand what the hell you do to time your trades instead of blindly tailing you! Thanks for your efforts.
Oh yeah, fuck the other guy.
Your trades are so actionable that every time I get a tweet/tm, I get a hard on.
uhh…thx for the “support”? lol
CA- please don’t be discouraged by noodle heads like MS. In my line of work, as a surgeon, I have to put on a kind face despite being thrown in a small room with hateful and stupid patients at times. It is awful hard to take. But I try to remember the majority of reasonable and appreciative people that I help. You are such a great inspiration to SO many of us who have been burned by the ‘market crash’… please keep it up…you’re GREAT!
i would like to join in expressing my thanks for your tremendous work her CA:
i, too have profited from some of your real-time calls (HGSI, ANPI, CNO, CTIC come to mind), however most of all, i have learned what to look for in these kind of stocks and how to apply some basic understanding of TA to their possible movements.
just as important, i have come to realize, that blindly following all your trades is a recipe for disaster if i don’t have any knowledge of the particular stock, since i won’t be prepared to exit at the right moment. therefore, i spend a ot of time each day looking through charts and pick no more than 10 to watch for the day. i make comprehensive notes on possible entry points AND exit points to which i then adhere. one of my finer moments, in this respect happened on tuesday when i bought OWW in the morning @ 4.79. around noon (NY-time) i had to leave for a couple of hours, so i put in a sell order for half @ 5.5 (based on what i saw in the charts. when i got back i saw that OWW had peaked @ 5.55 and my order got executed.
so, while i have made money following some of your calls, the greatest benefit for me has been analyzing your trades in retrospect in order to understand how they work.
respect to you CA!
Made money!!
Was some funny shit that day ROFLMAO. “”Shit I think I need more money!”" Lol
But that anger worked for you which is cool. But to let someone you don’t know get you that angry, might not be the best thing. Unless it was like im angry but reality im not sort of thing. Basically just using your frustration to prove a point.
Your a pro..when do the classes start? Lol
btw can’t you block assholes like that? I have a wife why do a i need someone else annoying me? lol joke!!
John – You win. Carry on.
Made plenty jack from plenty of real time calls from The Chart Addict (WeeklyTA)
MNI was a monster move i caught only because of him. I bought common and calls and locked up some jack.
Thanks
CA,
I have made money following your trades and ideas on your blog and all the live actionable alerts on twitter.
dont let this ass stokes bother you.
TT
I think Stokes has just created himself a massive problem. He is now going to be under a lot of scrutiny himself and rightly so.
Kudos for your kick ass rebutal CA.
Echo some of the comments here. I am just starting out with no formal training and being able to see live examples (i.e. AIG) is tremendous. Now go pour some secret sauce on all these losers I’m holding from before I pulled my head out of my ass.
Your trades speak for themselves CA – no need to stoop to that level of crap to justify it
i think everybody here knows that CA is the real deal. he spits out real time trades on twitter constantly, and you’d have to be thicker than mindy cohn to not see that.
Hey Mr. Stokes ^^ All of this is testimony to how well CA has done and will continue to do at iBC. I think we who come here to trade and gain knowledge about the stock market and technical analysis can all give you a big FUCK OFF.
Enjoy your day everyone, good luck trading!
CA..the coin you have been banking and the coin you have helped your followers bank (including myself) speaks for itself…you have been a great help to my short term trading…i have learned quite a bit and now understand why you get into names…thanks for all that you do….PS..and may your hater be subject to watching Dennis Kneale 24/7
Well reasoned and comprehensive. Now, let this be the end of the free pub for this under-bridge dweller.
_
Been following u for a month now….. awesome pics…. newbee so playin small amount and learned decent stuff from ur calls and will keep following you till the day I leave stocks. Made decent amount of money for my investments. Keep up the good work…. ppl love you…..
CA,
I started following your Twitter updates a few months ago and have found a new approach to trading that allows me to be in the market and learning even with a “basement apartment” size account. I am banking little coin, but i am happy to be trading and i know that hard work and dedication will pay in the future.
Thank you,
gehko
CA,
Nice rant – I follow you and the rest of the IBC contributors on this site and twiitter in hopes of learning something useful, as opposed to those loons on CNBC***. Although I have a 8-5 job and can’t really daytrade, thanks for all the great info.
you are the real deal make money everyday. These jerkoffs are jealous . keep up the great work .that guys complaining about you is almost as bad as Flys bragging!!!
You cannot imagine how sad I was when you decided to not do the real-time alerts and instead offer only private coaching. I see your stuff on twitter, but it is rare I join in since there is a delay and it’s just not smart to jump on a moving train. However there is no doubt in my mind that every trade is real, as I see most trades higher than when you posted. You just can’t invent a stock up.
Peace,
Salsaman
CA,
before meeting you on twitter, i was doing day trading on my own with little guidance. Just a lot of TA books and indicators that don’t even work. Needless to say, my returns are minimal and shows losses certain months. Ever since I came here and started following your calls in real-time, I’ve made substantial profits day in day out. Most of all is, I’ve benefited from learning through your trades.
You not only generously help people make money in trading, you also find the time to take charts requests at the end of day despite your hectic schedule. This my friend, speaks volume.
I speak from sincerity by saying, thank you.
so, tell those lamebrain haters to fuck off. Don’t let it bother you and keep doing what you’re doing man.
In the meantime we will all be here rooting for you.
I will surround myself with winners – CA blog on iBC is for me, always ! PERIOD.
yes Nap!
John,
Why waste your time and energy on a troll? Don’t let this bastard get under your skin, ignore this piece of shit, and focus on what you do best. You are young, so it is early in your career. You will have many odd balls and psychos envious of your talent, and with out a life of their own. Do not establish a pattern of confrontation with these social outcasts, it is such a waste of time and feeds their sick minds.
As a sick dog oftens comes back to lick up it’s puke, so do these psychotic attention starved, clinically insane trolls, They read the filth they have spewed and enjoy it again, in their sick perverted minds.
Do not let this sickness or negativity enter your mind for even a second.
Jealousy is a negative emotion that plagues weak minds.
stock thoughts anyone…or just dumbass chatter…? wtf….DVAX has potential- own it..
bpop on 50 day
would you care to explain the difference between simple/exponential/front-weighted, and why you choose one over the other?
thanx
I’ve only been following this blog and tweets for about 2 weeks now. What I’ve found here in short far exceeds %90 percent of the dribble that’ I’ve been following on and off over the past 6 years. What I get here are actionable ideas that I can either act upon instantly or analyze to determine how I might develop scans that produces similar trades. Today’s picks ANPI and EDAP
Mr. Lee,
Allow me to offer $100,000 of my money in a custodial account to be used in the competition – by you of course. I split 50% of the gains with you and an willing to eat 100% of any loss.
I would say that about sums up my confidence in you and your abilities.
Anyone willing to take the other side?
No, but if another 100k might make it more interesting I’d pony up a stake – like today…
CVGI looks high and tight; BLC also and is resting on 20 day MA; own both
anyone watching SOL?
Dag CA. I can’t list every one of your tickers that I’ve banked coin on. There isn’t a week in the past six months (since I found IBC) that I haven’t banked some coin on your calls. And more than that, I’ve learned what a b/o might look like and while I’m learning, you and your community are a great resource to double-check and correct the view. You’re a great teacher and I’m infinitely grateful. Thank you and fk the haters…
HLCS – maybe today I’ll be above water, but it’s a long term hold and I expect / hope it will be bought out shortly or be an easy double / triple based on market cap of only 64 million. HLCS will be very volatile but they are now selling machines at 1,000,000 per pop with recurring rev. on each – company is 1st to market with a “cheap” and blazingly fast genetic mapping machine for the human genome.
PODD – well maybe not today but if you’ve been picking it up on pops and selling EOD or so it’s been a squeeze cash cow for me a couple of times garnering from 7 – 10% or so each run. Short float is probably another 17 – 18 days (rough estimate) so might go a couple of more times.
ENER and FTO, 1/2 positions, keeping my eye on these
HLCS up 30% pre-market getting me in the green. I won’t be selling – I’d like to see $2 today.
Made some on DAN thanks
made some on DAN thanks
i’ve made money real time on so many of your picks i can’t even remember half of them.
I’ve banked some coin with CA for sure!
I can attribute 19% of my YTD gains to following some of your calls on Twitter. CERS, AIG, CTIC, BZ, on and on and on.
Real time trades posted on Twitter (entries AND exits) have been extremely profitable and a learning experience for me.
Thanks for all the trades CA. Hope you keep posting them.
i bank coin daily from your posts. much appreciated
FIG resting on 20 day MA
CA, made money in CERS, BPOP, AXL, CTIC and many others yesterday. Thanks for the help!
Bought $DAN $5.38
CA,
I never cared for the haters. How can anyone make money that way? I am all about making money. The rest of it is all BS. IBC is about making money, end of story.
Carry on.
Bought $AIG 27.71
RDN 8.52
more cash with DAN – keep up CA !
HLCS 1.30 at the open (second position)
NCS 3.85 (squeeze)
Bought $CNO 3.32
He has ceded already? That was no fun.
http://marketsci.wordpress.com/2009/08/20/well-done-mr-lee/
You’ll also note his blog is blowin up with all of ONE comment.
Having followed your blog here, I just want to thank you for all that you do. RTK, BPOP and AIG are the trades I can think of offf the top my head right now have banked me some coin, thanks to you.
I don’t get the trolls that come here (there are so many of them on the net) and start sh*t – they’d be so much better off (and richer) had they made more productive use of their time, by learning from you, rather than wasting their time being a f*ckhead. They really don’t deserve any more of your time, esp being that you are so busy. Your daily blogs speaks for itself.
Anyone who’s found this site is extremely lucky to be able to benefit from your wisdom, FOR FREE. People should be bowing down to you, Fly and the rest of the ibc every morning and grateful that you guys offer all that you do.
Bought $CIT $1.42/frac
PODD 9.05, with CA on CNO – an old fav.
Sold $AIG 28.56
sold my remaining $YRCW @ 2.23. making room for more CA mastery
OREX
something doesn’t feel right…
Sold $DAN $5.51
out NCS 2.75 loss – PODD squeeze is on. I’m up like 4% for the day already. HLCS is up 50%
PMI
Bought $JMBA $1.15
VICL
SRZ 2.21
I literally just did my first trade following your tips two days ago, and made 12% on CTIC.
I started, probably like most, listening to idiots like Cramer and others on tv, moved on to Seeking Alpha, and have tried a number of different blogs.
I was drawn in by the harsh honesty of the fly, and you are a real standout with your blog. I also find that just by trading once with you, I have learned a lot of things that I could not by just reading about how to trade. Such as, how you reduced your position on CTIC when it became too large, don’t seem to go over 10% in any one position, etc, etc.
Thanks CA!
sol b/o
Bought $INO $2.22/frac
Sold $CIT $1.41
sold HBAN 4.45 fm yesterday 4.40 … prob ok but focusing elsewhere
John Lee’s evidently a cash machine! Keep up the great work.
BOT CNO 3.37
in JMBA at 1.15 with CA – I’m pretty much out of cash – carry on!
Sold half $CNO 3.38
out FTO small loss on a 1/2 position. Keeping ENER
Bought $KERX 1.44/frac
long CAMP 2.1
Don’t even sweat this guy. No one’s probably even heard of him ’til you mentioned him just now. And anybody who’s seriously interested in the markets know you’re the real deal. You’ll only have more of these types as your success grows.
Sold $CNO other half $3.36
Bought $FRZ 4.39/40/fracs
“All I can say is “the world needs ditch diggers too.”” – Classic Caddy Shack quote.
We should have a TC quote section on iBC, no?
re-bought $CNO 3.41
ARM
KERX on the move
Out 2.06. Stocks are moving very strangely today. don’t like action here…
going to scale out. sorry guys.
disturbance in the FAZ yoda?
I am watching it as usual. I am really really inclined to buy FAZ here at these levels…
good thing I did not follow my inclination!
no man…. the vix and internals aren’t measuring up.
Sold RDN
John, don’t let those frackers shut you down. This is exactly what they’re are trying to do. If they really thought you were a fraud they would have taken other measures to get rid of you. This just shows they know you’re legit and they’re jealous. Prior to the big FUBAR of end of 08 – beginning of 09. I got clobbered(lost over 80%) which put me below SEC day trader min.
I have learned more from your website and tweets in the past several months than in most of my life… I’m 29 and been in stocks since about 14 or so. I am now back on my way to building back my portfolio; of which I owe 90% of my gains over the last couple months directly to you.
I repeat, don’t let those fucksticks mess with your head. All of us on here know you’re the shiznit! And we let all of our freinds know as well. You are one of only a few out there that post entries AND exits along with your gains AND losses; which lends a lot of credibility to your name.
If you’re even in the Atlanta area, give me a shout. We’ll party!
Thanks and keep up the great work!
Craig
Craig,
Glad I can help. thx
Sold $FRZ 4.54
Bought $AIG 30.43, FRZ (again) 4.81
Sold $KERX 1.44, $INO 2.16
Im still in KOG. Watching the pennant: http://fsc.bz/6t
Any of you guys like this one?
and out $FRZ 4.97/98
Sold $AIG 30.17
Adding swing positions from this point forward. Not posting day trades (too difficult to focus)
CA, that guy is just an attention whore asshole trying to get attention by attacking you.
You are a hero.
Remaining: $JMBA
PODD had a nice 4.5% move since I bought it this am with increasing volume. Has been good several times at this point for around 9% with the market moving up.
Bought HLCS @ 1.43
Out at 1.39… will revisit
UNG
Any thoughts on GOK?
Gotta do my day job – killer morning – stalled a bit at up 4% for the portfolio, about 60% long now. Setting stops to protect gains, run hard, bank coin, and see ya later.
$FRE b/o
Bought FNM @ .98
Sold @1.01… will revisit
always missed with AIG
the AIG crash will be spectacular when it arrives…wow what a POS.
Euro BTFO – 5 min chart
flag from yest at 12
still in this trade
THANKS FOR THE SUPPORT ALL.
MUCH, MUCH APPRECIATED.
CA–think FNM or FRE will get dragged up with AIG shit..? thanks
I have followed your AIG trades and I have to say you sure know how to milk a stock. May I ask how long it took you to learn how to trade so well? I’ve been trading for a little over a year and I’m ashamed to say, I suck.
http://ibankcoin.com/chart_addict/category/technical-edu/
Read this until you know it inside and out.
I do not follow CA’s trades. I do, however, follow these patterns with futures & forex and it works like crazy.
CA vs. Stokes. Love to see it, but CA has bigger and better things to do then waste time on Mr. Stokes.
I’ve benefited from IBC and most especially you, CA. Thanks for sharing your trades and knowledge.
I appreciate all that you do.
I can’t believe that I got out of AEZS unscathed. Someone was looking out for me. To hold or not to hold those biotechs…perhaps not……..
Accounts still in process of transfer so I am sidelined. Good trading to all.
I like FRE. Good on all timeframes
gracias
MERC setting up
TSFG may be ready
Stopped back in and noticed PODD stopped out at 9.71 for a 7.2% gain – pretty much on the money as yesterday and previously. I see HLCS is doing its UP and DOWN thingy, so be it.
AIG is freakin insane. Except that it’s crushed Josh short my ass till it hurts so many times, I’d love to win that short contest when it happens. Bummer I don’t know jack about shorting (I don’t think I can in my IRA), I might as well just send you the money CA – you’d pick it off anyway – at least I’d save the commission….
Yes, what CA say is true, re: Covestor. Once they started allowing for cash, I feel that they are now a legitimate form of auditing/authentication of performance.
Nice performance by the way CA, on your Covestor accounts.
thx Wood. Congrats on the Covestor Investment Management thing (whatever that is).
SRS 12.64
careful…the bulltard only crowd could attack you for such lunacy…(already own this little gem),,
Hi CA,
I never post, but I follow you every day… I have learnt a tremendous amount from you and continue to do so on a daily basis. Although I am too slow to follow you and take action on your calls on twitter, I always appreciate the charts you post and your intricate analysis. I hope you continue to do so and please ignore people like Stokes who really have nothing better to do…
thanks again!
u have been proving returns and making live trades for as long as ive known u
just ignore that nobody, not like anyone reads from his blog anyways
I went to the website here:
http://www.covestor.com/mbr/chartaddict
but I do not see any trades since August 7. Am I missing something?
I am a newb, so sorry if this should be obvious. Thanks.
http://istwitterdown.com/‘
By the way KOG could be imminent!
FRE….
Mr. Stokes, you can only wish to have legions of followers as CA does. As he pointed out, one does not attract such a following without exhibiting authentic results. I think anyone who’s followed his performance closely for the past half year will easily attest to that. And yes, I have benefited from his real time calls due to his generosity in doing so and am quite grateful for it. Regardless of whether you think CA’s performance is BS or not, he knows the truth since he’s the one who’s enjoying the fruits of his extraordinary trading skills. I think it’s quite evident by the numerous testimonials today that he’s the real deal, so perhaps you should make better use of your time instead of obsessing over him like some pathetic stalker. And CA, I think FLY put it best when he said it’s better to ignore this guy. He’s probably just some attention deprived, insecure wretch.
Thx Pat. See u on the 5-6th.
twitter down? AGAIN?
Yea, twitter down again..
Best of luck with everything John, let the haters hate, its all they know how to do. Any chance of being in the Miami area anytime soon?
maybe, but it will be for uncontrolled fun only lol
the AIG implosion will be spectacular when it happens….today…? who knows but quite soon…imo.
Let me remind some ppl: I am not your financial advisor, and do not follow me into trades without doing your own due diligence.
Put in a disclaimer so you don’t have to repeat yourself to these guys.
That should be assumed by anyone taking any kind of risk
KOG running…
$KOG
Possible target at prior high ~$1.45
Twitter is up again!
FRE 1.54
Out of KOG $1.41 (bought at $1.27)
Nice coins banked on this one. It may run further but is currently fighting some resistance at 1.44
Reading your blog has definitely led to profitable trades I wouldn’t have made otherwise, mainly due to:
a) your instruction/methodology (like blank-box trading) and
b) your real-time, actionable tweets & calls.
I really appreciate your work – thank you!
the latest of which, as an example, is SIRI.
c) I also learn TA from your chart.ly postings
Also, (the Fly taught me this), who cares about losers challenging you to change the way you post and verify everything? Your daily work has spoken more than enough for itself. “Proof” and independent numbers are cool, but not nearly as cool as what you already are doing.
thx butter bars
FIG @ 4.92
Short aig
Cover 32.14
CA,
I don’t know if you’ve read MarketSci’s latest post, but he agreed to post all comments. So, I went ahead and debunked him by pointing out how he wiped the YK strategy after it imploded and how that performance would have likely gotten him banned from the business had he been running real money.
I also pointed out that none of his strategies are viable with more than a few million $.
He didn’t post the question. He essentially admits that I am right. He doesn’t want the public to see that he is a total and complete fraud…..I am glad you outed him.
I’m glad you are providing so much info for us. I want to kill the son of a bitch.
sold FRE 1.53
Back in PODD 9.72 – tight stop, trying to scrounge up some cash for FAZ maybe?
Oh yea, thanks for the 10% I banked on this one today CA – in case that douchebag (my apologies to douchebags everywhere) is compulsively reviewing the posts today.
CA – August 20, 2009 at 10:42 am
$FRE b/o
bummed re: money show.
stokes is a sad mf. ’nuff said.
i don’t trade in the same style as CA, however, i can attest that he is truly generous with his time and insight.
girl, get online so we can chat or somethin’
If The Addict wasn’t getting it done, does anyone think there’d be 150 comments by noon!
Anyone who wants to BankCoin comes to IBC, period … all the others are just green with envy.
Keep up the good work CA and nice to hear you will be an IBC exclusive …
stopped out of PODD 9.57
Mr. Lee,
If you want to pull back the curtain on Michael Stokes, then you might want to start by investigating Scott Daly, the broker to whom Stokes refers people for managed accounts. You might find some “interesting” issues there.
Hint: Securities regulators.
I’ll leave it at that.
Shoot me an e-mail: JCLee84 @ hotmail.com [no spaces].
Euro set to rip
“rip”? which way? on what timeframe? splain it to me?
sorry,
UPPPPP!!!!
(rip for me is always up)
was typing fast to pay attention to the trade – we were in an asc triangle 1 min chart. and breaking from the flag from yesterday at 12 noon on a 5 min chart (2nd attempt) see below for one of my exits and yesterday for my entries. I’ve been killing the Euro this week.
Thanks. And please, always make the trade first then type!
what’s the ticker for NG futures? I know it’s not nova gold…thanks
fyi – rip is sometimes used as “to rip” meaning to rip a new a-hole into someone – ie a verbal skewering, etc..
Bought CTIC @ 1.69 for a swing… FDA data expected over the weekend, stock holding in well despite that stock offering.
Out some more Euros at 1.4256 +34 pips from the call. Been scaling in and out so my entry is really now averaged at 1.4196 but my call was 1.4222 so that’s what counts.
So much hesitation here & the SPX isn’t following along. Slow moving but at least I’m on the right side. Still believe we hit 1.4274 today or tonight.
Cali,,,releasing prisoners to save money…Haaaahahahaa…what a fucking joke…this country is fucked..
at least you have your gun
True…and since I am in Florida, not an immediate concern….
me too – you still need your gun
oh yeah..agreed…just added one to the collection…
prison costs ~$30,000/person…education costs ~$5000/person…should be the other way around
No money to feed prisoners and they intend to sell prison equity next to the beach also
lack of follow thru on many small stocks today…imo.
FAZ trying to start a rally off the bottom. Will see if it is confirmed with good volume and followthrough.
FAZ looks good for a reversal, good base breakout on volume. Could mark the top for the day for the market.
spoke too soon, it didn’t stick, back toward the lows of the day.
I love my PMI and I still think there’s room to run more.
Current holds are PMI, TOMO, CBS.
CA – everything happening around you is due to others insecurity and resentment. Focus on what you do best, which is trading and making mucho dinero!
BZ imminent breakout, Bought @ 4.01
Keep up the work partner! don’t worry about the haters. envy means you’re doing something spectacular. and good choice on sticking with iBC.
-gio-
Thx Gio!
Etrade SUX,
Could someone provide some insights?
I bought ERES yesterday at $6.29, put in a stop loss limit at $6.10. This morning the order got executed when the low of the day was at $6.13. It never got to $6.10, my order should not have been executed, right?
Instead of selling at the high $6.55 today for a nice swing profit, I ended up with a loss. I have already complained to Etrade but doubt they would do anything.
That’s how they make your money. Through commissions by hitting your stop even by slightly.
Complain to them, but doubt will do any good.
My broker shut down on me twice while i was trading and I suffered a substantial loss. the thing they told me was, “that’s the risk when you decided to do trading” … thank you for your business…
move to a different broker, ie.. TOS or IB
“the low of the day was 6.13″ … so the stock printed 6.13? The bid could have been 6.10, triggering your stop loss.
correct answer GinFizz
Also depends on what they used for the stop price.
On thinkorswim, at least, you can set your stop from bid/ask/mark/last/etc, so you know exactly what you’re going off of…
that’s what happens when the majority of your broker’s order gets routed through Citadel. [PDF]
find a better broker that doesn’t route through a fucking hedge fund
I was thinking short AIG at 34.5 too! Dang.
Back in FNM/FRE
can you really call a loss at Sears “unexpected”??
all of their customers are fucking dying.
Yep, learned plenty from John. Can’t say I’ve ever heard of the asshat hater though. Ignore.
Out the rest of my Euros at 1.4274 target +52 pips
Live Euro calls for the week (2 entries with 5 exits – long only)
+60 pips
+113 pips
+23 pips
+34 pips
+52 pips
Hell, I’m a better trader than Michael Jokes.
ZQK 2.19 overnighter
Taking FRE overnight
UNG just took a shit
Nat Gas still in a downtrend.
I got that shit on my list thought – excluding weather events, one day it will bottom out and stabilize. I’ll be building a position (/NG futures not UNG) before and while it starts to trend back up.
Average cost to buy reserves in the Gulf of Mexico are around $1.70 per MCF (1000 cubic feet)
The most efficient producers are in the $.85 MCF range for operating costs and $1.40 MCF for development costs – add in almost 40% taxes and the most efficient companies are over $2 MCF total.
Futures printed 2.92 today. We are getting to a point where the weak (higher production cost companies) will die.
Naturl gas research report:
http://www.scribd.com/doc/18283725/Natural-Gas-Outlook-July-2009
retox – you know yer sheet…I hate UNG and etf’s in general NG futures – how do you play that?
who’s on your hi-cost coffin meat list btw?
any utes ya like…
Not many utilities have an incentive to shop hard for their NG supplies. They apply a rate of retun on top of whatever price they pay.
PNX overnight @ $1.95
Late post (I have to work for a living) double position in HLCS, my current, drunk, truck driving, oversexed mistress is my significant hold overnight – actually a long term hold but volatile and ready to dish out a lot of pain or love…
Assorted other holds full and half positions from the last few days but I haven’t posted the buys so meaningless.
65% cash
CTIC overnight @ 1.67. Looking to triple the position into Monday’s news.
and u know what the news will be…?good-bad…wow…no one else thought of doing that..so u buy…and the news is not good…basically just a 50-50 gamble…no edge….
just bought /NG (nat gas futures) @ 2.936 at the session close
3.014 target – no stop. (would be $780 profit per contract).
Best of luck.
Just a sidebar, what was your motivation behind moving from /ES to Euros?
Thanks for the luck on the nat gas trade – look at the chart from the last 14 days – crazy channel. I almost don’t even care if it continues to sell off – I’ll keep scaling in if I need to. If it continues at this rate, they’ll just stop pulling it out of the ground.
Going to Italy & Greece in November and the exchange rate sucks so my revenge is to take money out of the market – stupid reason but it motivated me so what the hell.
I actually still trade ES & crude oil – almost always scalps and it’s distracting to call those out all day long.
I’ve actually done best with crude over the past few days (using 10 tick profit targets) – the volatility has been great – bascially I watch as it anticipates SPX & Euro breakouts. It reacts like crazy to good set-ups. Many times it over-reacts and you get to fade the move.
Well then, hopefully this chapter of my blogging adventure is closed.
I am sure that there will be more idiots that come this way, though.
Not to worry Addict, we got your backside (in a non-gay way of course) !
Hey CA,
Been a while since I posted but have been reading almost every day. Sorry to hear that some people are still hating. Not really sure why you bother to even respond. The fact is that you not only provide fish but provide the skill to go catch them. I have incorporated the strategies that you espouse into my own trading and the results have been awesome. This week was my best week of catching breakouts, nailing RTK and HLCS for huge gains. The ideas that are shared on this site are great because for someone that doesn’t have time to look at 1000 charts, I can look here at what other people find and decide to pull the trigger or say it isn’t for me. I am not saying that I am a great trader, but I am a way better one because of the info I get here, not only from CA but everyone. To the haters, well, I recommend trying to build something better if you can.
I respond only to defend myself and to make them look like fools.
I’ve been following you on Twitter for months. I have also numerous times asked for specific charts when you are taking requests and posting on chart.ly and your input has been really helpful. I don’t know where you find enough hours in the day, but thanks for all you do to help the larger community. It’s appreciated more than you know.
Sleeping 4 hours a day, instead of 8 like the avg person, gives you 4 extra hours to do whatever.
CA, and other pro’s help me on this one?
I was reviewing stuff with a friend and the concept of describing portfolio performance (monthly / quarterly / yearly) in terms of percentage change came up.
Without hesitating I told him the proper way to describe performance had to be on the total value of the portfolio – all the cash and equities – not just the equities (that just sounds too complicated for me to figure).
He wants a second opinion.
Portfolio = cash + equities.
How else would you look at it when discussing overall performance?
Personally, I track both the ROI and the overall performance (since I usually keep a lot of cash around). Both numbers are helpful, but only the latter would I present as my “portfolio performance”.
Fully agree.
Cash AND equities = your total portfolio gain.
—
Actually in my covestor accts, you can see a huge difference. If you look at only equities, the returns are idiotically small. But accounting for cash AND equities ensures the most accurate measure of “total portfolio gains”.
Thanks gents! I couldn’t imagine it any other way either.
So when I read your post late last night i felt guilty that i didn’t have much to share in support because the SEC pattern trader rule i got hit with after the first week of trading limiting my trade execution speed to that of a sloth. But in the first week of trading I had some exciting trades in ACAD CPSL YRCW CNO all traded my first day trades with about 300 gains on 5000 investing. Your speed is amazing and did end up holding some trades to long and exiting too soon. LEE was one that i took a small loss only to find it up big the next week. Your calls are very actionable and real gains can be made. I have always been a long term investor but with a recent job layoff i thought it only natural to earn some extra cash following those with real experience. So today I was called back to work after 3 months and will miss all the fun and excitement i have been following for the past 5 weeks. Thanks for the charts last night, RAD CNO TGT 2 have been in my IRA since June and CNO was a day trade I bought around 3.50 and averaged down since waiting for the breakout above 4 and then to 5!
CALIFORNIA CREW Allen
A couple of my recent Tweets to CA say it all :
@WeeklyTA ur rally analysis is great info… effecting my 401K/long term positiioning. ‘preciatie it.
12:39 AM Aug 13th from web in reply to WeeklyTA
out $CIT ^ 8% Thx @WeekleyTA
4:04 PM Aug 5th from web
Again, thx all for the monumental support.
John, I have visited the site here for the past year and your work is a major reason why. As I mentioned before, I am eternally grateful for your contribution to my growth as a trader. Not only from the blog posts, tweets, etc, but, probably more importantly from your intense chart work, world class blogroll, research center and book recommendations. My trading tends to be more swing and IT, but your posts help to get a feel for what’s up intraday.
One last thing, not to get all “woo-woo” but I’ve seen you get caught up in the negative energy of trolls, losers, et. al. Bro, if I didn’t know any better I would swear a guy your age with all the business ventures (horse farm!), family, friends, and other accomplishments you’ve made was a mythological figure and not a mere mortal. Don’t give douchebags like MS the free pub. Don’t mention the trolls. Just vanquish with your awesomeness. The people that matter notice, the rest don’t deserve recognition. That’ll really piss em off. Rock on CA!
Hi John,
U r a most talented young man with a potential to be one of the best.
My 2 cents: Don’t spend time on your haters because they are not worth it and by answering to them u just give them the publicity they want.
Good luck
Gili
ACLS FRE JMBA SRZ overnight positions.
Dear CA,
Thanks for all you do..stellar my renaissance man…question…on average how many shares do you usually do your penny stock trades on, and do you buy in a lump or dole into a position?