timothysykes

Entry comments: Reshorted on the dead pump bounce on the daily chart and now intraday chart too, AMAZING how it follows #6 from http://tim.ly/ts7steps to a T, goal is to cover in the 70s or 60s or even 50s later today or this week, today is just 1st down day

Exit comments: Not gap down or panic, gotta cut losses as it didn't do what I wanted, possibly due to my high net worth broker saying only closing positions today & I know lots of shorts are there, video lesson coming

1
110

Position Updates

  • Jul 14, 14 1:24 PM: Shorted 54000 at 0.85 - Reshorted on the dead pump bounce on the daily chart and now intraday chart too, AMAZING how it follows #6 from http://tim.ly/ts7steps to a T, goal is to cover in the 70s or 60s or even 50s later today or this week, today is just 1st down day
  • Jul 14, 14 3:43 PM: Added 16000 at 0.85 - Shorting more on 1st down day of this pump that's 100% off its lows...likely morning panic and always potential SEC halt, NEVER be long a pump this late in the chart, odds favor shorting
  • Jul 15, 14 9:43 AM: Covered 70000 at 0.88 - Not gap down or panic, gotta cut losses as it didn't do what I wanted, possibly due to my high net worth broker saying only closing positions today & I know lots of shorts are there, video lesson coming
DatePrice
Entry7/14/20140.85
Exit7/15/20140.88
  • Total Views1,617
  • Position Size70,000
  • Percentage-3.53%
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littlemoney
littlemoneyAug 19, 14 8:23 PM

Tim,You loose... As a challenge student we win...You show us what not to trade by your losses as looses are OK.. as long as we learn from them..Thank you for your mentor ship

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