[TimChallenge] $FXCM - Had some good news acquiring big trading $$ of clients from Citigroup - Should have a nice spike this morning
Def watch these 12 free videos today http://tim.ly/timvideos good to study on long holiday weekends, happy Memorial Day!
You cannot cheat your way to success. Learn from the past, study in the present, and prepare for the future.
Really great lessons here. Nice to see how fast to cut losses and why you cut losses at those points. Thank you
Thankyou Tim!
Thank you Tim.
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Billionaire. Increases share count ( Carl ICahn) Can drive a stock up ... Billionaire news is fantastic... Check the 13F (or 13D) filings for this info .. Be careful, the news can be duplicated and considered old news also. Check EDGAR for all filings .. Misinterpretations and false news can move the stock. Limited American depository shares (or ADR also) indicate foreign based companies trading in US
Thanks Mr.Goode
Thanks Michael
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New 2.5 hour free live trading webinar posted http://tim.ly/timweb3 let's see who's willing to study on the weekend to be my next millionaire http://tim.ly/sykesmc show me your dedication level! This is a great LIVE TRADING webinar whee I nailed the NES breakout and missed on the AMCN attempted breakout (although AMCN did spike nicely the next day so I was on the right track)
Oh man. I promise to myself to become the best. I want to become independent and I want to become a millionaire too.
Thanks for the gift ! I find most difficult to make good plans each night. I mean, accurate.But with your framework it will be possible to not make crappy plans as mine.
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Great as usual :)
Short strength, but don't average up (remember PBMD) .. Quick moving stocks can squeeze if shorts are crowded ... Brokers can create buyin and bet against customers since they know who has shares short .. Don't short randomly into a runup ... Short indicators =fading volume, price, cracking the low of day .. Buying off the highs limits your risk .. Don't scalp .. Don't break rules
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I learn more with each webinar.
Respect the signs when yesterday's highs can't get taken out. Don't dip buy stocks that don't hold gains. Don't guess into earnings & don't hold through them . Don't buy when big sellers on the ask, but if sellers get taken out it can spike quickly. Sell into spikes, cover into panics. No gap up = be wary of trend change with strong previous close. Know a stocks range. The range protects you in finding the bottom. Catalyst + news+price action + good chart = formula for good setup
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Example of how studying pays off: http://tim.ly/1dpzf3e congrats man!
subscribed to the challenge.. not currently subscribed to alerts or anything but i have sure learned alot from tim.
today Will be my first day trying to put in some alerted stocks to look out for and trying to use the graphs to learn how to spot it myself and seeing if I can cut my losses short if I'm wrong and if I'm right to get out in the save range without letting greed get the best of me to stay in and lose verses getting out safe, I feel confident besides investopedia will help me so I can learn without learning the hard way and lose my own money ;-)
I'm shorting $ONTY hoping it will break down to the 3's. My break even is 2.98 and not felling the bearishness of the entire market by now. and my finger on the trigger.
Thanks
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