STOCKEYE_AG

I am actually at a 52% winning ratio as of right now I am not able to upload my Schwab trades and I have not entered them in on profit.ly. However , there is still a lot more work to do. This is all my current info to track my stats to improve. @timothysykes

Received 1 Karma
Join now or log in to leave a comment
StarSedz

Hey dude, I'm grinding through the video lessons and I see you in the comments. Keep it up and good luck. I'm not an expert, just now am I starting to make back losses but the screenshots are nice, I try doing this too. From looking perhaps try buying the initial all day high breakout at the level and risk off the same level to prevent large % losses. Don't buy a stock at its highs or uptrending and think it will keep going up for whatever reason, I would get burned every time doing this too. If you are considering a dip buy, perhaps wait for 1-2 green candles to show it might actually uptrend more. You make less because you might have to wait for confirmed price action, but it increases the odds. Last thing dude, I have been very happy using Schwab and switched here from TD. No commissions buying OTCs with Schwab although I think they do charge foreign stock commissions too.

Join now or log in to leave a comment
rey_11

Jan/Feb P&L. super frustrating profitly does not verify Schwab as most my trades are through them. Going to start giving monthly P&Ls via Schwab Trade Source to be more accountable.

Received 1 Karma
Join now or log in to leave a comment
LibertyBelle

Accountability post 01/04/2021-01-17-2021 I watched all of the live webinars and video lessons emailed to me over the past 2 weeks. I also watched the videos sent by my mentor, and I watched and participated in the webinar he held last week. I have been in communication with my mentor, and I have been sending him watchlists almost every night. I only missed one day over the last two weeks. I have found a pattern that I am comfortable trading, and I can easily spot it setting up. I started to trade a couple of tickers off my watchlists to gain experience trading the strategy, but I haven't had much luck yet. I am going through a losing streak, but since I am cutting losses quickly and betting small, I am only suffering from a small bleed. I will continue to trade ultra conservatively until I can break the losing streak and gain consistency on winning trades. I am still listening to "The New Market Wizards" audiobook by Jack Schwager. I am almost finished with it, and I have learned a lot about trader psychology from this book. The psychology of trading has been a big hurdle for me, and this book has been a big help. I am still reading "Reminiscences of a Stock Operator" by Edwin Lefevre. I am not very far into the book. It has been hard for me to read lately, because I have been distracted by events in my life. There are still a lot of uncertainties about my future, and the bad news just keeps rolling on in during the new year. I am hoping for more stability in my life so I can relax. I am suspicious that this might be part of the cause of my losing streak too. I watched a marketing webinar for Stefanie Kammerman's trading service. Her strategy is using dark pool data as an indicator. I have been playing around with Schwab's block trade indicator in their trading platform, Street Smart Edge, looking at huge trades that go through. It is interesting. I received her book and DVD the other day, and I am looking forward to reading/watching them. I don't plan on buying into her service right now. I am focusing on the Millionaire Challenge, and mastering that strategy first. I have been concentrating on being professional, and I have been a stickler for my trading schedule. I treat this pursuit like I am working, and I am up and prepared for the market every morning. I watch the markets all day with breaks during midday trading. I do my watchlist before bed, and I reassess it in the morning p/m, formulating a plan or two. I am very comfortable with this schedule, and I already feel like I am doing this for a living, but the only difference is that I am not making money. Not yet anyway!

LibertyBelle
1
LibertyBelle Mar 10, 12:26 AM

@gr8eyedoc Hi! My main broker is Etrade and my platform Etrade Pro. I have a Schwab account, but I never trade with it. Mainly I use SSE for the block trade indicator. I set one of the tabs to show me blocks of 500k shares + on higher priced stocks. That way I can see where the big trades are happening. It helps when I trade options. Look up "The Stock Whisperer" on Youtube to find out more. Yes, I had a mentor assigned to me that I send my watchlist to for review. He is also available to

LibertyBelle
1
LibertyBelle Mar 10, 12:27 AM

ask questions, and he holds a zoom meeting for his students periodically where he gives lessons and discusses trades.

DrNate
1
DrNate Mar 10, 8:29 AM

@LibertyBelle Thanks for your response. I'll check out the stock whisperer. This mentor is part of your subscription to the million mentor club or a separate service?

LibertyBelle
LibertyBelle Mar 10, 9:28 AM

@gr8eyedoc Stefanie Kammerman has her own service and is not part of the Challenge. I was researching female traders when I found her. She has a book and lots of free info out there. I recommend reading her book. and watching the free webinars if you want to learn about the dark pools. At the moment, I only subscribe to her whisper alerts app.

Join now or log in to leave a comment
LibertyBelle

Accountability post 12/21/2020-01/03/2021 I watched all of the live webinars over the past 2 weeks. I watched a few videos sent by Sykes, and a few more videos created by my mentor. I have been sending my watchlists to my mentor most of the trading days over the last two weeks. I am shooting for a watchlist everyday on my next accountability post. I finished the book, "#FMJ" by Jane Gallina. I really enjoyed this book of interviews with female traders. I learned a few new things, including dark pool prints, which I started researching this week. I might do a blog post when I have more information. I started reading the classic investing book, "Reminiscences of a Stock Operator" by Edwin LeFevre. I finished listening to "The Little Book of Market Wizards" by Jack Schwager. I am currently listening to "The New Market Wizards" by Jack Schwager. I finished watching "Pennystocking Framework Part Deux" for the second time. I decided to re-watch "Learn Level 2" and I just finished it. I wanted to see if Sykes mentioned anything about dark pool prints in the DVD, but although there was a bullet point listed in the manual, he didn't talk about it on the DVD. I ordered a book and DVD on dark pool prints from Stefanie Kammerman. She teaches this strategy, and I want to know more about it. She was interviewed in the #FMJ book I just finished, and she talked about it there. I have already been playing around with the Block Trade Indicator in my Charles Schwab trading platform, Street Smart Edge. I am still watching the market every day. I have been making a few trades, mostly still practicing the afternoon consolidation strategy my mentor suggested. I haven't been successful with these trades yet. I ended December red, but I am ready to see some more positive trades in the new year.

Received 2 Karmas
Join now or log in to leave a comment
theprophettho

Started my account with Charles Schwab, still learning alot and attempting smaller trades to see if what I am learning is applicable.... struggling with some timing and terminology, but excited to learn more.

Join now or log in to leave a comment
LibertyBelle

Accountability post 04/13/2020-04/28/2020 I watched and took notes on all 13 Challenge Orientation Videos in the student portal. I watched and took notes on 3 of the DVD's on profit.ly: "Penny Stocking Part Deux," "Penny Stocking Framework Part Deux," and "Spikability." I signed up for E*Trade, Interactive Brokers, and TDAmeritrade (to get access to Think or Swim paper trading). I already had a brokerage account with Charles Schwab, but I only have used that account for traveling since they don't charge ATM or foreign transaction fees on a high yeild investor checking account. I have never traded before. I will probably use E*Trade, and I have already moved my trading money into that account even though I don't plan on trading for real for at least a month. I signed up for the Stocks to Trade trial a few days ago, and I went through all of Tim Bohen's Getting Started lessons in STT University. I really like this stock scanner, but I am hesitant to subscribe. The fee is daunting to me since my only income at the moment is coming from unemployment. That might be something I can get when I start profiting. Meanwhile I'll have to learn a more affordable platform. I watched all three live webinars last week (Tim Lento, Tim Sykes, and Mark Croock). I watched Tim Lento's live webinar today, and I plan on catching Tim Grittani's webinar later this afternoon. I have reminders set for the webinars scheduled for tomorrow and Thursday as well. This week I have made it a point to open chat at market open, and I have been following the other traders in the room as they discuss their trades. I have been paper trading some of these trades to learn the mechanics. I have been making a lot of mistakes, but I'm learning from them and it's not a disaster since I'm trading with fake money. I've played with E*Trade, Think or Swim, and Stocks to Trade. Stocks to Trade has been the easiest one for me figure out, probably because of the tutorial I watched. I have been living and breathing the material these past two weeks, but I know I am only scratching the surface of things that I need to know to succeed at this endeavor. I understand the basics of trading and the stock market, but there is definitely a lot of room to build on top of that knowledge. I'm looking forward to the journey!

techangel21
1
techangel21 Mar 12, 2:58 AM

thanks so much ! been busy and tired but this saved me so much time! good luck with your trades...

Join now or log in to leave a comment
Page
of 4