Yesterday I showed you this variation of a dip buy on a morning panic, today we got the real thing and I took a good chunk of the move...See my blog post here for more on this highly useful pattern, it happens again and again as you can see HERE and HERE...and as I publish this video DRNG has bounced back to .62 and CAMT actually broke out to new days highs now at 5.80ish so I was 100% dead on with both of these plays today:

###### Posted Jun 13, 17 2:15 PMbytimothysykes

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I understand.

Thanks Tim!

I understand!

I understand

I understand!

I understand. Thanks Tim!

I understand

I understand

I understand... Thank you. Note: Look for a wall of buyers as an indication of a trend change when looking to buy the #5 bounce, especially around levels of support and whole and half dollars marks. if support fails and the wall gets chipped through then cut losses quickly. Rule#1

I understand. I'm learning to be proud of my SMALL losses. I am getting so much better at cutting losses that I'm actually proud of myself when I lose small now.

I understand. Unfortunately the PDT rule caused me not to be able to trade the bounce. But watched it safely from my learning chair.

I understand. This video helped a lot. I bought the first dip at the worst time (at $1) that failed and I took a small loss just like that dope you were talking about lol. Luckily I cut losses quickly. Knowing now that the drop was too gradual is something I will pay attention to in the future - same with the wall of buyers! Those were key components I didn't consider and I don't know why. You nailed it. Good job. Definitely a valuable lesson for me today. Easily worth the $30 loss! Thank you!

I understand Thanks Tim.

DRNG offered a good dip buy just like DFFN $LEXG ZPAS CNAB etc.. all of them were pump looking charts (some were blatant pumps). You bought into the wall of buyers/support in speculation that it could not go down anymore and it would bounce for quick gains. This explains so well that, as a trader, you should not be biased to whether the company your trading is Crappy or not. You should be concerned with price action anticipating it! With that said don't hold onto shit companies either.

I understand!

I understand.

I'm still trying to understand.. just being honest.

$CAMT recent earnings winner. It has been panicking for the past few days and today it did not so you bought it in anticipation of a possible overdue dip bounce. However, similar but in contrast to DRNG, there was a wall of sellers so you sold and took your gains due to the possibility of it not being able to increase any further. Smart because it did break out later in day but not before coming back down right after where you sold. That allows you to re buy later. Great lessons Tim!

I Understand Tim!

I understand

I understand,, use the level two. look for that big bid block, wall of buyers, good lesson on when to dip buy a crashing pump.%

I understand. A wall of buyers is the bomb dignity bomb kaboom boom

I understand

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I understand!

Thanks Stock Fu Sensei - I Understand - SFP =D

I understand.

I understand, thank$ Tim$yke$

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awesome video lesson again. thanx Tim! #Iunderstand

I understand!!

Thank you! I got it.

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I understand! =) And i really appreciate your lessons!

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I understand, thanks Tim

I understand..... Thank you Tim !

I understand

Thanks Tim! First time learning about the wall of sellers. Makes sense now how to know when to buy in โบ๏ธ

I understand

TY! I understand.

I understand :)

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Thanks Tim. I UNDERSTAND!

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I understand...I'm frustrated, but this video was very motivating! Off to jump into Lev 2 DVD's!!

I understand! Thanks Tim!

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I understand... feel better.

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I Understand

I understand. I need to learn level 2 a lot better!

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I understand!!!

i understand!!

I Understand

I understand!

I understand. Ive been focusing a lot on studying just 3 patterns this being one of them and it's really been starting to make sense. Just have to put the knowledge to the market

I understand.

I understand!

I understand. Messed up the trade but at least my alert gave me an early warning that something was up with DRNG.

I understand! love the level 2 videos. whole lot more of insight. Thanks great lesson need more of them like this one, also live trades.

I understand

I undertand now. Even though i was stubborn this morning and got at .78 and didnt cut my losses, held and hoped and lost -33%. Im gonna force myself to cut losses from now.

I understand

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I partially understand. Need to study Level 2!

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i understand- awesome

i understand! awesome! please make as many as you want! i watch all of them!

I understand.

I understand ๐ฐ

Eat your veggies ! Not wanting to admit you are wrong with your own $$$ is why cutting losses quickly is the hardest to get. I understand Tim, Thanks !

I understand. thanks tim

I understand!

I understand the pattern but how are you so sure that it will be a bounce and not continue to drop. The wall on level 2 with the buyers or sellers

I understand

I understand.

I understand.

I understand! Dip buy the stocks that have the big morning panics, not the gradual declines. The spot where Tim bought was right after a second panic following the long downtrend. That is due to all the panic of bitter holders finally cutting losses and no one else to sell. Great lesson! You should do some live trades on the big dips so we can see the level 2 with you :) Thank you

I understand.

I understand and I appreciated.

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I Understand Thanks Tim

Great Lesson Tim.

I understand

I understand

I understand. Thanks Tim this was one of the best dip buy videos I've seen discussing how to use level 2 to make your decisions.

I understand!

I understand! Thanks Tim!

I understand!, Thank you Tim.

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I understand!!!! Thank you so much for video lesson explaining the level 2!!! Really needed this !!! Thanks

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I understand ,Thks Tim

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I understand and I appreciate it!

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Yes Sensei, I am starting to understand

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I understand Tim!

I understand! And thanks for ALL the lessons. Starting to plan & execute my own trades now. Last month I had a 38% win rate, but chased too much and didn't cut losses fast enough. This month I'm at 50% win rate and getting better at patience and Rule #1. Lots to learn but loving the journey!!

Wait for the big buyers on a stock is crashing. There is not always a guaranteed bounce. Wait until support zone where buyers are coming in to find the bottom. Wall of buyers make it safer for the dip buy. Always exit a trade if it doesn't do EXACTLY what you want. Hope is not a strategy. I understand - so much so that i called this 2 days in advance and also that Tim would dip buy it. HA! No shares to short at IB on this one :(

liked this. learning more about the L2 everyday and its helping so much. thanks.

I understand

I understand... nothing with this style has changed.

i understand

I understand!

I understand!

I understand!

@Latinatrader The video that changed everything for me what comes to level 2, was Tim Grittani's 16 hours of TRADING TICKERS.

I understand!

Learn level 2, when theres a crash, a wall of buyers signals the bounce, not necessarily the ticker itself... Hope is not a strategy, cut losses quickly.

I understand!

I understand

I'll understand after I watch it another 2 or 3 times tonight-)

I understand. mahalo Tm!

I understand

I understand. This patterns happen again, again and again. Thank you

I UNDERSTAND..!!! Damn you're a good COACH!!!! HUGE THANK YOU..... ๐๐ผ๐๐ผ๐๐ป @timothysykes

I understand

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I understand :P

I understand

I understand!! I also understand to listen to you commentary in chat. Lesson learned on $NURO.

Lessons From Video: See What Patterns Work Best For You, Recognize Patterns That Work, Always Be Willing To Exit A Trade If It Doesn't Do What You Want - Hope Is Not A Strategy, Always Try To Optimize! I Understand!

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I understand. Thanks Tim

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I understand. Valuable lesson

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I understand ! great lesson. thnxx

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I understand more and more.....

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I understand!!!

Thanks Tim, I'm practicing breakouts over high of day on low floats, and now I'm ready to expand patterns to look out for and this is great. Dip buy with a wall of buyers/support. I'll get practicing right away. Thankyou I UNDERSTAND!

Intiendo

i Understand, thanks Tim

I understand.

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I understand. Thanks Tim!

Understood, Thanks!

I understand. And hence you use the reverse technique to spot the top, I need to fill my knowledge gap here. will look into the level 2 dvd

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i understand!

I understand.

I understand! Getting this pattern...wait for the panic and the big buyers as support! Thanks Tim

I understand!! Thanks Tim

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I UNDERSTAND! Thanks Tim!

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I understand - I followed you into the dip/bounce on DRNG and finally had my first green day since I started penny stocking

I understand

I understand

I understand. Great video with real examples of walls of buyers/sellers! Thank you Tim!

I understand

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I understand

I understand!! Awesome level 2 lesson

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I understand. Thanks, Tim!

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I UNDERSTAND

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I Understand โ๏ธ

I understand

I understand. I was able to take a 20% gain out of ECGR this morning on a drip buy (bought .20 sold .24 30 mins later). It eventually went up to .30 (on the bid) so 50% gain was possible but the point you make about preparing, is 100% true. I learned this from the PSF DVD. Thanks Tim.

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Cheers ears. I understand

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i understand..

I understand. What I learned from this lesson is looking at the wall of buyers to be able to check the bounce for DRNG.

I understand! Great lesson, thanks Tim!

I Understand..!

I understand!

I understand. Thank you for the great insight.

I understand!

I understand!

I understand! Level 2 is very important for proper dip buying execution.

Why didnt you short the gap down after 10 days of gapping up and potential profit taking/panic?

I understand!! thank you Tim

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i understand .. thanks tim.

Completely understand

I understand! Great stuff Tim thanks a lot

thanks tim

I UNDERSTAND

I understand.. this is a GREAT lesson

I understand

I DO UNDERSTAND

I understand! Good lesson on level 2 , Thanks for the lesson Tim.

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I understand

i understand, nice video thanks

I understand

I understand, I really get it, no hot picks, no following alerts, I cut off the alerts long ago - Get rid of that bottle!!! Study the past like you're sailing the ocean blue, know the best routes, & where choppy seas exist! PRICE ACTION SPEAKS LOUDER THAN ANYTHING PERIOD!!! Know your entry and know your exit! Watch for walls on the LVL2, I call them Dams if they carry enough size cuz the first thing I say is DAMN. Water flows into dam, gets stopped, begins to turn around not a hard analogy

I understand.. Was happy to buy in about when you did but sold a bit late for minimal gain. My first dip buy so encouraging.

I understand

@TimeFliesBuy Awesome analogy, determination & fervour! :))

@bank_a_tronic Thank you ma'am, much respect to your awesome energy as well! I've seen many of your comments over the last year!

I understand

I understand!

I understand!

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I understand. Thanks Tim. Great video.

I understand

after going back to a couple videos, charts, and rewinding this video, finally. im getting it gradually. including the fact that i have to study study study before I make my first trade. I Understand.

Thanks Tim, I understand !

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THIS IS THE BEST SYKES VIDEO BAR-NONE! I understand...this is crucial to using the #1 BEST pattern to grow a small account,,,how to use Level II for better entries/exits, determining the turn (bottom/top) in a play (long/short) & cutting losses early (tighter mental stops)...every new trader should SEE this a dozen times!! This is a CLASSIC SYKES LESSON!Cudos to you Tim!

I understand.

I understand!

Thx Tim. I understand.

Thx Tim. I understand.

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I understand. Thanks Tim!

I understand!

Wow a lot of people see the same lesson I do. Recognize walls of sellers and buyers (understand level 2) Thanks Tim I understand

Wow a lot of people see the same lesson I do. Recognize walls of sellers and buyers (understand level 2) Thanks Tim I understand

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I Understand. Self Sufficiency! Many Thx

I understand...

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I understand!

Good lesson. Still gotta look into how the Level 2 works and how to understand it though.

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I understand!!! Thanks Tim!!!

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I undertand! - not looking for hot pickt, ant to become elf-efficient!

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I understand! Going thru lessons in the Buying Dips/Panics category this weekend. Learning a ton, excited to apply them when the next opportunity shows up. Thanks, Tim!

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Great video, Tim. I understand.

I Understand!!

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I understand. Thanks Tim

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We should not just follow "hot picks" or someone's alert. we should find stocks ourselves and be self sufficient traders. I understand.

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I UNDERSTAND! THANKS TIM!

Always be willing to exit a trade if it doesn't do exactly what you want. Rule #1 (cut losses and gains quickly when wrong / thesis invalid). I understand!

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watched and learning. I understand

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i understand.... ty coach.. ๐๐ป๐๐ป๐๐ป๐๐ป

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I understand. thanks, Tim

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yess i understand completely

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To dip buy, you need to see a big wall of buyers on Level 2

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I UNDERSTAND!

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I Understand :)

thanks tim i understand

I understand.

I understand! Love this video. It was full of useful information. Thanks Mentor :-)

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Knowledge supports growth.

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I understand, great lesson. Thanks Tim

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Thanks Tim!!! I understand!

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I understand. Thanks Tim!

Be very cautious in observing whether to dip buy pump and dumps or avoid dip buying it. ยท Multiple Wall of buyers can halt the momentum of a price action be it long or short.

Great video and dip buys are amazing and the wall of buyers are key babe

I understand. Thank you Tim!

I understand! Great lesson. Thank you.

I Understand

Video watched. Muchas Gracias Tim.

"Don't let small mistakes turn into big disasters." As in trading.....so in life. Thanks Tim!!!

Thank You Tim !!!! I understand!!!!

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