ChanderMahabir

Learning these past months taught me how to be a scared trader. the losses that I took at the beginning really got to me and I know it shouldn't have because I wasn't following any rules whatsoever and thought too much about the money. after months of learning I helped my dad with a few trades on IDEX, $TSLA, $AAPL and he made roughly 40K. it's not my money because I am still sort of too scarred to trade but with the knowledge I gained and paper trading and reflecting and watching the market every day I am beginning to become more confident and I am sure I will bounce back 100X better. I am confident in my ability to read resistance and supports and I know that with all the knowledge from @timothysykes DVD's and video lessons I know that I still can't be sure 100% of the time but if I'm right more times than wrong I will recover my loss and begin to make profit. Looking back at my IDEX trade "if I held I would've made 147k" but I would've learned the wrong lessons and it would have never have motivated me to start learning, even though my account is now at 20K from 35K (which was heartbreaking to me for real no girl ever made me question myself as much as this loss) I WILL FUCKING BOUNCE BACK #SMALLGAINSADDUP #CUTLOSSESQUICKLY

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Holdmytexan

Well had a small red day today mainly because I stayed in my morning $AAPL calls longer than I should have and lost around $70. Not huge percentage or dollar wise but the signs were there that this wasn't going anywhere, but I was trying to limit the loss by catching a bounce that didn't happen. I did get out even before my hard set risk level and then later in the day bought the puts about 20 minutes before the close and made most of that back while not holding anything overnight to be safe. Even though I didn't let my loss run, the lesson I need to take away from today is to get out earlier when I know the trade will not work, that would have saved me a few dollars but more important to me was the time waisted watching a bad trade. I am however very proud of my second trade even with a very small position. I had a plan and followed it without risking anything overnight. I'll probably be watching this for a potential morning play since I've decided to leave a little bit later to head home in the morning. Stay safe everyone and study up!

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Holdmytexan

Had 2 pretty good trades today even with bad internet. Total of $155 before fees and left some on the table with $AAPL but I was getting frustrated in the morning session with the very bad wifi lol. Overall happy with the 2 wins and still improving as I go through this journey. Really enjoying my trip also but I'll heading back home Wednesday morning so probably won't be trading that day. Stay safe and keep studying everybody!

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Windwalzer
Windwalzer Sep 07, 20 10:41 AM

Thank you Mark. The way you explained the first red day, the green trend to straight up to a downside, how the market follows the $QQQ, $SPY, etc. Showing how they can trade like the penny stocks, Very helpful.

dumbtrades
dumbtrades Sep 08, 20 9:51 AM

love the explanation and showing me how we can use the patterns on higher price plays as well

htrinh
htrinh Sep 15, 20 11:41 PM

Thanks Mark

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