YTrev

[TimChallenge] only stocks worth watching for me now: CALA, $HGSH, and been looking to short $JRJC since pre-market but no shares to short and now down too much

timothysykes

$820 profit JRJC Short Stock

Entry comments: Fading into the market close near low of the day, 1st down day on the big runup, goal is to make 40-70 cents/share into morning panic/gap down tomorrow

Exit comments: Covered for puny gains not because I don't think it drops more but because I found shares of DGLY to short via my high net worth broker so I need to focus all my energy on that because I can make $20-30k there vs only $3-5k on JRJC, gotta prioritize during busy times, I'm waiting on DGLY now, I want a big morning spike to short into

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timothysykes

$4,431 profit JRJC Short Stock

Entry comments: Reshorted with bigger size since its fading now, once it goes red/takes out the day low this could crash 50-75 cents/share today

Exit comments: NICE collapse, thats what I wanted the first time, probly goes under 10 but I don't trust this stock so I'm taking safe profits, great video lesson coming, try try again!

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timothysykes

-$1,845 loss JRJC Short Stock

Entry comments: No morning spike, this is late int he game for this Supernova, shorting some here while IB has it available to short

Exit comments: Delayed morning spike, playing safe, risk of shorting in the morning, better to wait til afternoon

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AndyL

I had a trader tell me yesterday I was betting against the crowd and going against the momentum while I was holding my short position in $JRJC. I explained to him how smart money (institutional, hedge funds, banks, syndicate traders, etc) were pushing it up and selling into the run, then going to dump it at the end of the day. The volume activity according to the candles told me what was REALLY going on in the background. +$11,200 later, I'm feeling pretty happy about it. If you want to follow my big board trades as well as penny stock trades as I see good setups, join me and @GreenMachine in chat @ www.socialtrader.me!

AndyL
AndyL Aug 28, 14 8:44 AM

Right now I mainly use Suretrader for stocks, but I don't have iBoss setup to import trades, so I do each trade by hand. I use a different broker altogether for forex.

DreSmith92
DreSmith92 Aug 28, 14 9:01 AM

How do you get into forex trading and do you short sell now

AndyL
AndyL Aug 28, 14 9:14 AM

i would say 65% short selling at this time, 35% long trades

AndyL
AndyL Aug 28, 14 9:15 AM

we talk about forex trading in the chatroom, and the best brokers to use too. I also teach my method which I'm using on stocks and forex, and it requires no indicators.

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AndyL

+$7,100 today on $JRJC. All the secrets are in the volume, just like how I turned $288 into $300,000 with penny stocks. This summer I've been studying big boards and now I will start including them into my trading.

PennySlayer
PennySlayer Aug 21, 14 2:41 PM

Nice! I will check it out and see how much it is. Hey thanks man.

AndyL
AndyL Aug 21, 14 2:44 PM

Sounds good. Did one more quick scalp on JRJC, +.19 profit. You get a free trial on the site when you join.

PennySlayer
PennySlayer Aug 21, 14 2:46 PM

Cool. Just cancelled Profit.ly. Headed over there now to check it out.

PennySlayer
PennySlayer Aug 26, 14 1:24 AM

Hey man can you shoot me an e-mail with yor e-mail address? I have something I wanted to send to your personal e-mail. I tried to reach out to you through socialtrader but got the error message that my membership level does not permit e-mail. Other than live chat I don't know how to contact you.

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The_Swede

Nice move today JRJC made after some news so i decided to get in almost at EOD and hold over night but in aftermarket it spiked and i thought i should take the profit.

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