BB7

Swing trading $EKSO and $PIR this week. $EKSO is nearing resistance around 2.00. Will hold if there is good pre-market action. Will cut if it turns out to be like the $FORD trade from earlier. $PIR bounced off its bottom so there may be a few takers at this price. Interestingly the ex CFO from $BONT was hired on earlier this month.

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timothysykes

$853 profit EKSO Long Stock

Entry comments: I dip bought the morning panic as my watchlist predicted I might, goal is to sell into red-to-green price action today on the bounce

Exit comments: I got a nice little bounce, but its struggling to go green on the day now so I'll play it safe and lock in roughly $1,000 in profits, memorize the http://tim.ly/sykesmorning pattern

 Received 7 Karmas
larkjr
larkjr Nov 27, 17 11:21 AM

Thanks for posting your trade Tim

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timothysykes

 Received 9 Karmas
Rads73
Rads73 Nov 28, 17 6:09 AM

Thx Mark alway appreciate the time you spare to share your insights

Bacon
Bacon Nov 29, 17 8:55 AM

Fascinating - does he use scanners - "... not a whole lot ... uses chatroom the most and ... don't have mentality of trying to jump into a play too quickly before watching the price action." - great lesson on discipline and patience - thanks Mark - @54:35

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timothysykes

$1,640 profit EKSO Long Stock

Entry comments: I dip bough the BIG morning panic, goal is to sell into solid bounce, going bigger now that the drop is bigger too

Exit comments: Got the bounce I wanted so I won't get greedy, these gains make up for much more than my earlier losses, which is why it's SO important to cut losses quickly to put yourself in a position to overcome it and finish green

 Received 17 Karmas
Saffer
Saffer Nov 22, 17 2:45 PM

Good trade! Question, what was your thought process for not dip buying the 1st dip in the 4'ish and again you avoided going in at 3.8'ish? But then you entered on the 3rd dip, which proved to be the right decision and avoiding the trap door of the previous dips.

TATwinz
TATwinz Nov 22, 17 6:25 PM

Wow is a very good lessons for me. Thanks GM TIM.

LubosV
LubosV Nov 22, 17 7:16 PM

What a great dip execution lesson! I took a break at work to watch this one live on my cellphone and what a perfection! Thank you Tim!

larkjr
larkjr Nov 22, 17 9:06 PM

Thanks for posting Tim. Have a good Thanksgiving!

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timothysykes

($280) loss EKSO Long Stock

Entry comments: I bought the http://tim.ly/sykesmorning morning panic on this recently strong stock, looking for 5-10% bounce, nothing huge, just good risk/reward, cut losses quickly if it goes further red on the day

Exit comments: No bounce so I follow rule #1 and cut losses quickly, don't let small mistakes turn into big disasters

 Received 1 Karma
larkjr
larkjr Nov 22, 17 9:04 PM

Cut losses quickly. Thanks for posting Tim

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