Yesterday I went over my Etrade PRO setup HERE and in 4 days I'll be doling out ALL my most important lessons HERE, for now see how I use my favorite website in the world every day:
Posted Aug 21, 14 9:00 AMbytimothysykes
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Thank you Tim , amazing is great to learn w/ you .
Your the man Tim!
thanks Tim its awesome to learn from you, i havnt started trading yet still looking for a broker, looking at stocks to trade... hopefully be a student soon.
Tim you said something in your 7 free video lessons about Volume too, you didn't mention here. You look for gainers and volume correct?
The only downside of Yahoo Finance overview is that it shows only major exchanges, in case of screening OTCs, good to use Google Stock Screener
Bam! And another one...
eTrade pro will show all kind of stocks too
@Majkl2 yep that's a problem I agree, thanks will have a look at Google.
thanks tim great video I need to make sure that I do my homework on this stocks
Thanks for the info yahoo changed their website. They have a stock screener under marketdata/stocks haven't found the % gainers anymore
Eres el hombre Tim! Thanks
Yup, Yahoo or Google. Easy and free.
thanks im a newbies AKA "Sucker!" and i want learn more about your strategies tim!
Tim, Wouldn't it be worth looking at percentage losers for shorting opportunities or am I talking crap? Jus asking
My strategy is 90% shorting, as many of the biggest percentage gainers are nothing more than blatent pumps. Of course, guaranteed to crash back down to Earth.
I wish google finance was better than it is.
thank you tim , this really helps me in my picks..
Thanks Tim. Just got back from Dallas. Thank you for allowing me to join the challenge. Got a lot of material to watch and read.
Tim, this was a great video. I did not really use yahoo finance before this, but I can how maybe I should! Thanks again :)
Great video lesson Tim. Thanks for walking us on Yahoo Finance on how to get to biggest percent gainers.
@Justinltaylor3 That's why we have Yahoo to pick-up the slack.
I just became Tim's student and I am learning a lot. Still haven't started trading yet, because I am studying the strategies and materials as well as the patterns of the alerted $s. So far, very impressed and confident. Hope to start trading in a week or so in September. Look out for @Ozarian.
@Ozarian welcome aboard. I just started this week, also watched and read a lot, you are right to study first. Knowledge is power in this case, don't rush into it.
@ozarian @eheldman3 hi guys how long did you have to wait after applying to be Tims student? To be accepted? I am living out in Dubai and have applied a few weeks ago. Thanks and congrats.
@adamthefirst I did apply to be a Challenge Student but am not currently doing it yet. You have to apply and they will contact you in about 1 week but that's all I know. I just started trading this week and doing the penny silver it is probably best way to start if you don't have a lot of money.
@eheldman3 thanks for that, appreciate all info. Which broker are you using? One stumbling block!
@adamthefirst Tim posted a good video on that. As he recommends use SureTrader if you have less then 10k, IB if you have 10k+ and his high-end broker if you have 30k+. The problem in using any US broker is PDT rules on day trading requires 25k equity so if you are like me Suretrader is your best bet. Hope that helps.
@adamthefirst I'll give you the opposite opinion on SureTrader. The one positive, no PDT rule, is FAR outweighed by the NUMEROUS negatives. Drama this past weak included a blitzkrieg of daily messages. Way more than usual and it's distracting. NONE of my other brokers blow you up with multiple daily messages. Add to it an unexplained rule change on JRJC: no leverage. I spoke with manager Earv and told him to stop with all the DRAMA AND arbitrary rule changes. What a bunch of clowns!
@PeeOn thanks for that I appreciate everyone's opinions. So who are you using? As broker?
@PeeOn yeah SureTrader for the most part sucks, bad tech support, bugs in software etc. but as you said the PDT rule makes it worth while - unless you have a bigger account.
Hi Tim. You said secret #1 is use Stocks To Trade & #2 is Yahoo Finance. What do you like about Stocks To Trade? I'm a Challenge student & paid for the STT service, however I'm frustrated b/c you can only go back 1 year on the graphs. What do you like about STT?
@eheldman3 NO, even escaping the PDT rule is NOT worth all the other nonsense. It turned out to be irrelevant, also, as I am not a day-trader. As a swing-trader, I hold my trades overnight 99.9% of the time.
@adamthefirst I have several other brokers, including Etrade and Optionshouse.
@peeon have you heard of FXCM brokers?
@adamthefirst No I sure have not. I'll check them out.
Thanks Tim...
top 5 most important lesson... how to find the stocks... (even albert einstein showed up in that yahoo finance lead story picture).
tim.. I wish more teachers were like you.
i looked for that !!! :)
Thank you Tim again
Watched 2015-03-26.
june 4, 2015
Big help to a Newbie... thanks Tim
Very good video lesson showing that the % gainers are best to stick to with Rules instead of the % looser or other poor set-ups. Like stated in previous lessons that its also how well you Ignore the other trades
As always, keep up the great work.Learning one day at a time! Challenge Student.Thanks
nice
One of the websites I like to use is Freerealtime.com , Shows volume and number of trades.
i've noticed though that really huge losers in the -70-85% drops have really high odds of bouncing the next day due to short covering and lots of fools buying into what they think is a "bargain".
Takeaway: Look for biggest gainers (Yahoo Finance -> Market data -> Market movers -> % gains) If they are up for bad reason (hype - temporary catalyst), you short it, for a good reason (good news, earning winners - which last for 2-20 days ), you buy it Scan daily: (pre-market, 10 am, 12 pm, 2 pm, 4 pm)
@Chicago777 thanks for mentioning this in the chat room!
watched. Very useful thank you
Thanks Tim...we want high % Gainers w the right reason to be up like Earnings win w multi-month technical b/o & probable analyst upgrade going to break in the news (catalyst)...to take "meat of the move."
Great Lesson, follow Tims rules to a T and you will find Wealth.
brilliance in the basics
Straight to the point with perfect reasons.
Thanks Tim! A lot of great info.
Can anyone please tell me what year was this? 2014?
Great Video
Go for the STEAKS!
+1
ty
Watched TY Tim
Swell Info
great
Cheers Tim!
thank you Tim
thanks for the EARNINGS lesson and where to see it now this makes sense esp after looking at the dvd H2MM
watched and learning!
Awesome
Focus on % GAINERS!
Lesson 1954 How i use Yahoo Finance(8/20/14) thanks Tim.
Thank you Tim.
Thanks Tim, still learning.
thx tim.. you are the best..
watched, thanks Tim
thank you
none
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Thanks Tim
Thanks Tim
Awesome! Thanks Tim!
Video watched. Muchas Gracias.
Thanks Tim!
Thanks Tim
Thank you!
Thankyou
Thanks Tim
Thx tim
Thanks Tim.
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