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trademaid
1
trademaid Aug 01, 12:21 PM

Thank you! learned a lot on how you use support to trade, watching the higher lows until or if breaks. Being disciplined and following your own rules, no emotion, comfortable position size. Thank you!

26R_COLE
1
26R_COLE Aug 11, 12:42 PM

Thank you for the video lesson Ellis

mmarton
1
mmarton Sep 14, 6:35 PM

Well done Ellis! Great lesson!!

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AbdulQ
1
AbdulQ May 25, 7:49 AM

Great video. I'm really liking the detailed explanations. One thing I didn't quite get was how you manage your sell orders on these otc's. I noticed at one point the bid was like .0129 and the ask was .013, but you slapped your sell price in at .0112. Is that similar to selling at the bid?

ArtOfWar
1
ArtOfWar May 30, 5:15 PM

@AAlmujahid I account for slippage. I typically set my sell orders lower then the bid because I just want out. With OTCs I’m really focused on that because it is so hard to get out sometimes. Also I set lower because I want to give the stock maximum opportunity to hold and if it can’t I’m still able to get out decent without panicking and having to re-enter my order and causing more damages in losses.

AbdulQ
1
AbdulQ May 31, 7:46 PM

Got it. Makes sense.

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newhope5025
1
newhope5025 May 26, 12:09 AM

Great post & very interesting comment!! About staying discipline on the process............ " That is going to win you the WAR vs Battle"............... I never thought about these both terms that deeply, now I realize I am busy with my little "STREET FIGHTS" with my 1 month experience of trading. I feel like a new recruit as a Roman soldier for the roman Emperor who can't hold the sword properly yet but with proper training and discipline approach can only prepare me for the Battle & War. Pic

newhope5025
1
newhope5025 May 26, 12:12 AM

Picked up few more technical golden nuggets here too. Thank you for the post.

ArtOfWar
ArtOfWar May 30, 5:06 PM

@AAlmujahid no. The lion and FB normally show the same tickers but might be off by 2 or 3. For the sake of the video time I just didn’t pull up.

owlbanks
1
owlbanks Jun 17, 12:54 AM

Thanks. Loving these insightful videos!

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jakemcg36
1
jakemcg36 Apr 21, 9:32 PM

Losses always sting but they always teach the greatest lessons. Not only can you learn from your own but also from others mistakes. Thank you for sharing! I learned from it

AbdulQ
1
AbdulQ May 29, 10:45 AM

Small losses created bigger losses if you don't tighten up! I can definitely dig it. Seems to be my biggest problem with day trades.

ArtOfWar
1
ArtOfWar May 30, 4:48 PM

Absolutely. Not about what you do in a trade most of time. It’s bout what you don’t do. Holding losses and hoping is not a winning strategy.

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AbdulQ
1
AbdulQ Jun 10, 5:53 PM

Thanks Ellis. That explanation of the SSR rule at the end really made the video for me I think. I've read the text book definition of it, but your explanation really makes it easy to understand.

owlbanks
owlbanks Jul 27, 12:50 AM

Does SSR go into affect as long as it touches a 10% decline? So, if it kissed -10% briefly but held at -5%, it will be in SSR for the remainder of the day and full day tomorrow?

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