Scarface305

Finally feeling good 3 days of wins in a row... I am tapped out of trades. But at least all wins were 375 - 900 profit. Watching videos helped. I am getting good at breakouts, dip buying huge morning panics, mid day runners. As soon as I figure out how to post my stats I will do that. I called ARGS and $IFON . I identified them as potential quick morning spike breakouts... I find these have to be bought premarket or you only end up chasing and watching $30 here and $50 here vanish.

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timothysykes

$245 profit IFON Long Stock

Entry comments: I dip bought this morning spiker up on merger news http://tim.ly/2h35H1O off its highs in the .80s, looking for a bounce back there, small position though since it's a speculative trade, not an earnings winner or anything

Exit comments: It was uptrending nicely but then big seller just came in right near premarket highs, not gonna risk it midday with this kind of ugly action, taking puny profits here just to play it safe, same kind of big stuff as other runners like ETRM/ARGS today

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Lx888
Lx888 May 01, 17 8:06 AM

Thank you, Teacher Sykes

GUAMillionaire
GUAMillionaire May 01, 17 11:28 AM

Thanks for the MTBC commentary, Tim. Looking at its 1-year, 1-month, and 1-day chart on Stocks-to-Trade. Eye-opening watching this in real time: higher highs, higher lows, shorts getting squeezed, momentum buyers charging in, Challenge chat, Twitter chatter...fascinating stuff! Got more studying to do before trading, but excited for my new career to start!

TraderShocker
TraderShocker May 01, 17 9:11 PM

Thank you for the detailed info about your trading plans!

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