In case you were wondering why Robinhood sucks https://tim.ly/2RacVPE they save you a little on commissions then cost you 50-100x more on shitty executions and missed opportunities...keep saving on those commissions LOL
I just can't believe how things have played out but I'm here for the long haul.
we can actively hit the button to trade or keep our mindset ready for when we can - reason i study for that moment in the long haul! currently watching checklist again - valuable tool yielding more this time.
I know these patterns so well now that it will have to pay off eventually
@TimeFliesBuy IF you have free time between 3pm and 4pm, check out https://djellala.net for his swing trading strategy. No news, no indicators, no analysts opinions, just PRICE only. You scan for rising stocks using finviz.com and buy the bests according to his criterias before 4pm. You check daily before the close and let your winners run and cut short your losers. Yo u are basically looking for trends that can last for days,weeks, or months.
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@timothysykes I haven't said thank you in awhile, so thank you for all you do daily to keep us all on our toes and appraised of what's going on!
Mentor? Naw, I'm more of a guide really
But again thanks, @hacktheticker and now that I'm working days I have no time to really trade so my profit chart is going nowhere. I'll have to save up my vacation time to trade lol, I leave before premarket starts and get back during after-hours.
@TimeFliesBuy Why don't you swing trade then. You can make more $ with less time investment with Swing trading. Check out a great swing trading strategy from https://djellala.net/
Make stocks great again!
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Ok. Just check the site djellala.net The guy is the real deal. He has plenty of free videos on youtube.
Welcome bud, good luck. You're right, your journey will be a LOT different than ours, but remember to keep it small in the beginning cause market tuition is a bitch, and it is humbling. If I were in your shoes, I guess I'd still start small till I'd get consitant and comfortable. A good place to start is twitter, there are a TON of people worth following who are very successful traders that give insights and advice.
Oh and trading buddies is a must, bounce ideas and whatnot. Or just to keep you in check not to overtrade. A lot of us are still newbies but try to help other people, but being in the challenge I guess you're all set.
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Hi Halima. Check out www.djellala.net
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@halima123 Hi halima Please reduce your trade size until consistently profitable otherwise you will run out of money. Good Luck.
thank you
Check out www.djellala.net and his free videos on ytube.
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Good to read this, i got few things cleared specailly abt tehcnical indicators...I just cannot understand how people use RSI, MACD and MA in penny stocks, these indicators will never show true picture on Penny stock unless there daily trading volumes are in millions..point 108 help me reconfirm my assesment about technical indicators..
all u need support & resistance and trends lines. BUY on breakout and sell on breakdown
Jason Thanks for sharing your knowledge but dont you think in Penny stock these will show wrong picture, Eg, RSI wil easily get overextended if a stock is uptrending which logically means we should not be taking long position in that stock, whereas actually that stock may go up 200 or 300%
Those are not rules, takes an hour to read, a lifetime to digest, that is the essence of a master player, LOVE IT
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@dux Hey mate, what's your twitter account name?
Thanks @Asan4x
there is no free lunch in the market. lol
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