March 2020 Online Meeting

Next Online meeting
Thursday, March 5th at 7:30 PM
              

   ZOOM.com
(Meeting ID 290-694-4892)

Presentation Speaker, Basic Topic:

Dennis A. Kranyak,
SMT President

Basic Technical Topic:

Moving Averages

Presentation Speaker, Advanced Topic:

Vas Madhava,
Independent Trader

Advanced Technical Topic:

Identifying High Probability Pullbacks in Up Trending Stocks

During the Basic TA presentation, Dennis will cover what moving averages are, how they are used, and some of the different types. A good primer for what you can expect to get out of these tools and how to  use them.

For the Advanced TA topic, Vas Madhava will show a simple technique to identify high probability low risk entries in trending stocks.  No indicators are used, only trend lines, trend channel lines and moving averages.

These pullbacks can then be used for both aggressive accounts to compound gains on multiple trades or for long term accounts to build positions over time.  He will then highlight the difference between a shallow pullback and a deep pullback. The software he will use is TC2000 for both charting and scanning.

Time permitting, he will show how he has automated this process so that all the stocks setting up on any particular day are recorded.  He will then take a random day from the audience and see how the setups on that day performed.

Time permitting, he will also show how the same setup can be used to identify reversals as well at very distinct points on the chart where high returns are possible.

Starting in January 2020, SMT meetings went 100% online, using Zoom.com for both our monthly meetings (the first Thursday of each month), and supplemental meetings, as determined by our membership.  The first online meeting was a great success with almost two dozen participants from seven states and the District of Columbia (DC).  We encourage watch parties, but in the future presenters will have to be at their own computer, not presenting from a watch party.

The video of the February 2020 meeting has been posted on the web site for SMT members.

NEW Format

In order for participants to better plan and to make meetings more relevant to members with a wide range of expertise and experience, we are beginning a more formatted meeting structure.

Starting with February 2020, meetings will be structured as follows: (All times EST)

1900 – email sent out with the night’s ZOOM meeting ID number to those who have expressed an interest in attending the meeting.  The meeting ID number is also posted on this SMT web site post.

1901 – 1929 – PARTICIPANTS LOG IN TO MEETING

1930 – 1945 – MEETING ADMINISTRATION.  SMT news items, guidelines for participating in the meeting using Zoom, SMT membership benefits.

1946 – 2045 – BASIC TECHNICAL PRESENTATION.  Each month will have the first of two presentations that cover Technical Analysis/Trading basics.  A thorough description of a technical indicator (such as moving averages, MACD, Stochastics, Support/Resistance, Exponential Moving Averages, Hull Moving Averages, Bollinger Bands, Automatic Investment Management (A.I.M.) basics) will be covered.

2046 – 2055 – BREAK

2056 – 2110 – MARKET UPDATE.  The SMT President will review his 8 charts he uses to determine market state and direction.  Week to week changes will be highlighted along with tripwires to watch for.

2111 – 2126 – MEETING ADMINISTRATION.  SMT news items, guidelines for participating in the meeting using Zoom, SMT membership benefits.

2127 – 2300 ADVANCED TECHNICAL PRESENTATION -Often a guest speaker, will cover an advanced topic that could cover their methodology or software tools.  Topics could also include options, futures, AmiBroker Software, just to name a few.  This later start time will also accommodate our West Coast attendees and presenters (1830 local start time in California)

Following the meeting, a recording of the entire meeting will be posted on the SMT web site for SMT members to view.  Posting of the meeting video may take a couple of days.

Prospective members, or members who are renewing their membership,  may pay dues on the SMT web site ($47) using either a credit card or PayPal.  Dues increased to $47 in 2018. New members may join at any time and their membership will be valid to 12 months after the date of payment.

If you missed any of our meetings since June 5th, 2014, members can log on to the SMT web site and view the video of the meeting presentation in addition to downloading the presentation (PowerPoint).  Go to the “Resources” menu tab, then select “Meeting Videos”.

SMT logo coffee mugs are available for purchase on the SMT web site (SMT Gear), $5 for members, $7.50 for non-members, plus shipping.  If you are a member and have not revceived up your SMT lapel pin, email Dennis A. Kranyak at Unrulydog@unrulydog.com.  The new SMT logo Power Bricks are also available for sale to members for $15, $17.50 for non-members.  We will also have the new SMT logo golf shirts, for $25.  Check out “SMT Gear” on the web site.

If you are a new member and do not see a topic you are interested in, send us an email.  We are always open to suggestions trying to meet the needs of our members.

Having trouble logging on to the SMT website after you have become a member?  Contact John Nelson at Trader@JohnTNelson.com.