Investools TimAlerts InvestorsLive

Looks like TimAlerts shorted more CHINA this morning at 6:10 am (pacific time) I didn't check until about 15 minutes later and of course this one happens to also be a perfect entry on the trade, and it started dropping as soon as he shorted it.

As soon as he shorted CHINA at 2.85 it dropped very nicely and is at 2.54 right now (11:00am) 5 hours later.

I decided CHINA had dropped too much from his entry price for me to short it.

- - -

I reduced the size of my charts so I can fit more of them on the screen now. This makes it easier to watch more stocks. Not really sure that's going to really help me but I can fit around 15 charts on my monitor now.

- - -

I bought 1000 shares of GRVY when Investors Live gave a buy alert on twitter, as soon as I buy the breakout it drops and I get out a few minutes later with a small loss, plus commissions of -$20 total loss $40

Another suck call by Investors Live, not sure why I listen to that guy. I think it's the way he looks for stocks that are way up and says the traded them earlier and made a ton of money. For some strange reason the ones I get into never seem to go up, and the ones that are way up he never seems to talk about until it's all over.

- - -

I still need to call my broker about the commissions and see if I can get them to lower their rate.

- - -

We have a small email group that is working on trying to get a discount to Investors Live Chat room, but it looks like half the people want to pay full price, and I have a lot of doubts if the chat room is really worth anything to me anyway.

So it's not worth spending much time on.

- - -

Investools.com called up after 2 days on Thursday and asked how I liked their site, I told them I still didn't have the access to the trading rooms like they said I would so I wanted a refund, they hem hawed around and a couple hours later were finaly able to get my "trading rooms" access turned on.

Today I was able to see the Trading Rooms for the first time, not very inpressed. These guys can waste more time than anyone I have seen. First they spend 5 to 8 minutes telling you about their disclosures, then they spend who know how much time telling you what they are about to tell you. Then they really draw out what they are trying to tell you. So something like "use stops" is turned into an hour long video.

Then it looks like they really want to charge you around $400 a month or so. But I am still trying to figure out how their site is worth anything. Everything I have seen is easily found on the internet.

Basically they say looks at fundamentals, then pick a stock in a trend, then look for some indicator like stochastics to enter on.

Use a stop, don't over trade. I think that was about 6 or 10 hours of videos.

I just really don't like sitting in a stock for a month, waiting for it to maybe go up.

I am much more of a TimAlerts.com trader, maybe hold a few until the open tomorrow, sell most sometime today. That really fits my style, now if I could just get the up over 400% thing working for me that would be great.

today: - $40.05
total: $29542.22

Investors Live Tweets: -$40.05