timothysykes

-$93 loss SPOM Long Stock

Entry comments: I'm buying this former Supernova on a possible merger SEC filing https://tim.ly/3UQ0E2M which tells me the promoters might be back in here, goal is to make 10-20% today or tomorrow, let's see if it this can run some more

Exit comments: Not ding a whole lot despite the afternoon move/strong market so I'll follow rule #1 and cut losses quickly, the lesson is higher priced plays are back in style so that'll be my focus until we see better low priced stock spikes

Received 2 Karmas
tupuad
tupuad Nov 14, 22 2:42 PM

Thanks Tim.

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timothysykes

$540 profit SPOM Long Stock

Entry comments: Former runner, first green day OTC, not sure if I'll hold overnight, goal is to make 15-30%, cut losses f it doesn't close strong

Exit comments: Couldn't break day high at .145 convincingly so I'll play it safe and lock in profits, nothing huge, but a few hundred bucks and staying safe n this scary overall market

Received 7 Karmas
Windwalzer
Windwalzer Oct 30, 20 6:04 PM

The way the market was fluctuating I like how you trade safe. Small profits add up. Thank you for the all day webinar, so powerful.

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timothysykes

$1,054 profit SPOM Long Stock

Entry comments: Buying this former Supernova on new news https://tim.ly/2B1KhwV and a big volume spike, lets see if the promoters want to bounce it, goal is to make 10-20%

Exit comments: Nice win here on the breaking news, thanks to http://tim.ly/breaking I won't get greedy, just taking singles along with smaller size to practice and recover from my recent sloppy trading

Received 6 Karmas
Windwalzer
Windwalzer Jul 16, 20 7:43 AM

You waited on this one? Thank you for the education.

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timothysykes

I had big position in $SPOM had I just held instead of exiting safely, it wouldve wiped out all my $15k in profits today, that's the beauty of disciplined trading vs holding and hoping

Received 3 Karmas
Mugsy16
1
Mugsy16 Jun 20, 20 8:06 PM

Tim, I am a real Newbie trying to work and figure may way around but I am studying my brains out!

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timothysykes

$760 profit SPOM Long Stock

Entry comments: Buying this big first green day OTC former runner into power hour, nice gap up today, not sure if I'll hold overnight, but would love to sell in the .50s as it hit that earlier today and this is just the first green day and a nice multiday breakout too, I underestimated IPIX/TLSS/now PASO too so let's see if this has legs too

Exit comments: Taking safe profits as it's not taking out the day high and I just don't just the promoters behind this so small gains, my buy from PASO is running far better, that's what a breakout looks like

Received 6 Karmas
johnonti000
johnonti000 Jun 19, 20 11:49 PM

Studying your trades here now. Its crazy, my mindset used. to be good at taking my tiny profits when I was more of a beginner and now a days I'm just thinking the stocks have more potential and then I lose all my profits. So I'm fixing that and am going back to being okay if the stocks keep running. Its crazy to see how many trades you took today Tim and I didn't take a single one and I kid you not I was watching Orical on STT

RChen
RChen Jun 20, 20 1:46 AM

Thank you.

Windwalzer
Windwalzer Jun 20, 20 11:34 PM

So the daily candle was green until this dropped from .4 to .3? You talk about first green day and the candle is red. Yes, I have a lot to understand all of this. Working on. It looks like it broke resistance. Thank you.

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timothysykes

-$225 loss SPOM Long Stock

Entry comments: I rebought this recent runner into its closing high, its been gapping up nicely so let's see what else it can do, small $ position though due to the risk since its late in the pattern

Exit comments: Cutting losses on this before the close, promoters seem to want to dump it on me now that I finally thought they would gap it up the next day, no thanks, small losses are fine, gotta protect overall account and not let promoters in chrage, potential dip buy into http://tim.ly/sykesmorning panic tomorrow is a better pattern fro me anyway

Received 6 Karmas
DeftTrader
DeftTrader May 19, 20 4:55 PM

Smart thinking! I appreciate your feedback and thoughts to enlighten the way I see things

RChen
RChen May 19, 20 11:24 PM

Rule #1 cut losses quickly. Thanks for sharing.

Windwalzer
Windwalzer May 20, 20 9:42 PM

Would that be considered a double top where you traded or the wick considered to high? Thank you. I'm studying!!

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