Holdmytexan

Had a very good morning with my cash account today with $ZN . Started off closing my overnight position for roughly 180% gain then dip bought the mini panic for a 5% gain. My paper trade account did much better due to the ability for larger positions and being able to play the $5-15 stocks with a decent size which I seem to be a little better with on a more consistent basis. But none the less I've grown my knowledge and experience account this week and have shown more patience in the latter part of the week. Haven't really chased too many (only PRPO ) yesterday due to FOMO during the spike halts but I can see some improvement. I've passed up a lot of not good set ups that I have dove into head first in the past and stuck to my plan on most entries or didn't enter because my target wasn't reached without feeling like I had to trade. That is a huge step for me, I now don't feel like I have to trade every day and I'm looking for much better set ups. Of course STT and the breaking news are a huge help!

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timothysykes

-$110 loss ZN Long Stock

Entry comments: Buying this former Supernova that spiking on news of new plan to drill in Israel https://tim.ly/3hQKUsV goal is to sell in the .30s as this one moves fast

Exit comments: No followup spike, I'm not going to risk it, small losses are fine, just protecting my daily gains here

Received 4 Karmas
BullToro
BullToro Jul 30, 20 4:52 PM

cool, thanks will sell half my stack in the 30s

Windwalzer
Windwalzer Jul 30, 20 6:20 PM

Keep it simple. Thank you.

RChen
RChen Jul 31, 20 2:50 AM

Thanks. Tim

Holdmytexan
Holdmytexan Aug 01, 20 2:36 PM

I got in aftermarket and sold pre market for 150% gain overnight. I'm currently only trading in $20-100 positions just to learn on knowing that when the consistency comes it will size up later. Thank you for sharing your knowledge, I still have a long way to go on my journey but I'm seeing progress!

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timothysykes

$2,750 profit ZN Long Stock

Entry comments: Slightly bigger $ position on this recent runner, early morning spiker in the oil industry, should be helped by Iran conflict, goal is to make 5-10% on morning spike, cut losses quickly if it fails

Exit comments: Mmmmmmmm nice, morning spike, glad I used slightly larger size, getting used to taking bigger position in 2020 :)

Received 11 Karmas
Windwalzer
Windwalzer Jan 08, 20 10:35 PM

I'm learning from ever piece of information, chart, trade, etc. Thank you.

Buckers
1
Buckers Jan 09, 20 1:56 AM

Over the past few months as a new challenge student and following your training closely I am trying to do my own independent research for my watch list (even though I am not fully aware of what I am doing at the moment) I'm happy to say I also put ZN on my list which makes me feel like I am doing something right, I also made my first ever trade (all be it a paper trade) and locked in a $225 profit on 1000 shares, still feels like I'm trying to run through treacle

RChen
RChen Jun 14, 20 5:47 PM

Thanks,

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Received 9 Karmas
ZiggysMom
ZiggysMom Jul 16, 18 9:24 AM

Noting Call options are the right to buy a stock for a certain price during a period of time. Put options are the right to sell. Buying options your risk is limited. You can only lose up to the amount you put in. But there is unlimited risk when selling. Options always end on Fridays. There is an options exchange. Strike price is the price you can buy/sell. Be careful of biotech and buyouts as they can cause huge losses on short positions.

ZachR
ZachR Jul 20, 18 10:12 AM

Thanks Mr.Goode

SecretCitrus
SecretCitrus Jul 14, 20 1:58 PM

Very informative, Thanks Michael.

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Received 10 Karmas
sherrykosborn
1
sherrykosborn Apr 02, 18 10:05 PM

@Tradedeficit.... Personally, I've been studying for 2 months now without ANY trades. I would recommend researching EVERYTHING Tim discusses that you don't understand!. YouTube & Google are great resources of you can't afford Tim's videos. Good Luck!

thePposse
thePposse Apr 24, 18 3:49 PM

I have a small acct so I am watching the lower priced stock action only.

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Received 9 Karmas
Blackbright
Blackbright Mar 12, 18 2:44 PM

Always look at market-cap, because the smaller the market cap is the bigger potential does it have to move big % amounts. The better a company is fundamentally a short candidate the greater are the odds of a solid short squeeze. Make sure that you think of both ways before entering a trade, understand the short’s mentality so that you know what your opponent is doing. The main thing to look out for with OTC’s is the illiquidity since this often leads to it being hard to get out or in a stock.

ZiggysMom
ZiggysMom Apr 27, 18 11:32 AM

Noting to go through the motions, run scanners, check catalysts, charts. Know your risk/reward, market cap matters, illiquid stocks are hard to get out of, avoid stock with big gap downs on bad news

axlk
axlk Aug 29, 18 6:54 AM

Thanks Michael - good Webinar

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ash8887

@Turbobob hey Bob! What is your opinion on $ZN? have been watching this since Goode put out an alert in the chatroom. Its holding up above $3, but the news on the drilling seem to be BS.

Turbobob
Turbobob Sep 25, 17 1:56 PM

Don't really see a tradable pattern since the volume dried up.

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ash8887

@MichaelGoode Hey Michael, what are your thoughts on $ZN? I remember seeing last week in the chatroom you say it was heading to the 2's

MichaelGoode
MichaelGoode Sep 04, 17 4:52 PM

I doubt it now, at least not any time soon. More likely it slowly fades or goes sideways for weeks. The new shares from the warrants started getting sold Thursday and Friday and it didn't keep dropping Friday. I covered all my short (the borrow rate is high) but have some December 15th 2017 $5 puts that I will continue to hold

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Received 9 Karmas
Fne
Fne Aug 06, 17 11:48 AM

No borrow no cry ... You have the option to buy put options... Have you run the numbers on the wrestling match yet .. The volatility of the match is quite good .. Find an edge because you know it's GAME ON! ... If numbers can be crunched for arm wrestling , 10 years the numbers get stronger for WWE. cage matches too

ZachR
ZachR Aug 07, 17 8:33 AM

Thanks for he webinar what a grate week of learning.

Latinatrader
Latinatrader Aug 08, 17 8:48 AM

Thanks Michael!! I had to re watch a few parts, all the information you give us is so valuable and appreciated!

STicker
STicker Aug 09, 17 12:00 PM

Great webinar! thank you Michael!

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timothysykes

-$396 loss ZN Long Stock

Entry comments: This potential bouncer from my watchlists this week IS gapping up and spiking so my goal is to ride it, make 25-50 cents/share

Exit comments: Failed breakout so I cut losses fast again, cutting losses sucks but it's crucial, protect, protect, protect, don't let small mistakes turn into potential big disasters and now after these 2 trades I get more conservative and learn from what I did wrong

Received 7 Karmas
capster429
capster429 Jul 18, 17 9:46 AM

Sorry to hear that. I was watching that stock and saw it dip and went ouch. And how it's starting to crow

SPIKE1
SPIKE1 Jul 18, 17 9:48 AM

Thnx for sharing I've learned so much from you (and everyone else who shares)that when I do start trading I will be superly prepared

migueltowers
migueltowers Jul 18, 17 9:49 AM

Sold alert from RH and your alert at the same time. Cutting $ZN losses.

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timothysykes

$1,184 profit ZN Long Stock

Entry comments: i dip bought this play from my watchlist off a morning high of the 4.60s, I expect it to get back there and possible even breakout since this is down so much the past 2 days, its due for big bounce, cut losses quickly if bounce fails to materialize as this one moves fast

Exit comments: Nice bounce off morning lows, but it's having trouble right at premarket highs of 4.60 so I take profits and play it safe, singles win the game, not home runs...now 4.65 as I type this so maybe I played too safe, but I'd rather be safe on these speculative pattern plays

Received 9 Karmas
SAndrews
SAndrews Jul 12, 17 9:50 AM

Yes nice one was watching it then internet lagged on me soon fibre optic at the house currently .8 mbps fucking Australia cats what to trade up in here.

SAndrews
SAndrews Jul 12, 17 9:54 AM

Misspelled meant want to trade

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