BJRI and the importance of setting alerts

BJRI was a short some of you may have missed the first time around, you'd be at a 7% profit in just a single day. I updated the trade yesterday again and said I'd short or add-to the position on any strength, that happened this morning. If you had an alert set and moved quickly, you'd be at a profit of at least 7%, maybe 8% in just the last 4 hours and 15 mins.

I can't stress enough the importance of setting alerts on trade ideas.



Worden looks to be running a program on their site in which you can live demo TC-2000 (click the link), which has the capability of transferring all of your charts, watchlists, scans and more to your android mobile device or I phone and that is a free app. I like TC-2000, a more advanced version of TeleChart, especially for their alert system which not only includes price alerts like TeleChart, but also trendline, moving average alerts and more.

The only hiccup s it doesn't display 3C properly, but they're working on it. I use TC-2000 for my alerts that are based on trendlines as Telechart doesn't have that capability, only price. Whatever charting system you use (I'm partial to Worden's because I've used it for 11 years), make sure you have a good real time alert system and be sure to use it. These trades happen fast as we are competing with ultra fast HFT trading firms. If you don't already have it, believe me, it's worth the investment.

If anyone knows of a free service with real time alerts, let me know and I'll pass it along to all of you.