I recently read the quote, supposedly miss-attributed to Picasso, "A good artist copies; a great artist steals". Regardless of the accuracy of the quote, I understand it in a new light now. You have to look at those who have been successful before you and do the same thing, but in your own way. We are all different so the specifics of what will work best for us varies greatly but by taking their work and making it your own you put yourself on the same path.
I've been telling myself to do it for a couple weeks now but I'll be writing out a structured trading routine as well as reviewing and rewriting my strategies, scanners, etc. I have too much momentum behind me to stop me now.
think about the intertate highway system. why drive through the rough terrain when you can use the path already paved. speeds up the process
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we all make "fat finger mistakes" like this. Double check your orders and/or preset orders if it helps.
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I was also watching $URRE for a play this morning but didnt pan out ... Bought FNMA though @ $3.78 and sold @ $3.91 ... Not a good float at all but had excellent pre-market price action that I could not ignore :)
@LivingLarge88 nice one! I didn't see that one, looks like it closed well too. I only used finviz on days like today when I'm not 100% focused. It's less risky/easier to do than digging into OTC's.
Just looked at the float on Yahoo, says shares outstanding is 1.16B even though float is 5.74B lol. I'm too OCD about things like that, it puts me off. But nevertheless, price action is king.
Rightfully so ... I didnt like the float either but the price action pre-market plus the fact that financials are also hot right now made this a buy for me and I am glad it paid off :)
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I didn't like this trade when I saw your entry but I'm glad you got out when you did. Good move sir!
@DapperDude yes! In hindsight i realized i probably shouldnt have made that trade. thank you for watching :)
Thanks Himmeny
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Dude, I love reading your entries. I really appreciate the Bible verses and total plan of the day as well. If people are reading this and not learning anything, may God help them.
Also, regarding your point on deadlines. I told my boss last night that after the New Years I would be quitting to focus on trading and I gotta say, I actually felt the energy within me while working all night. It's amazing how these connections show up in life.
Hey Dapper Dude. Thanks. I appreciate the comment. Stay focused on your goals. These Journal posts I actually began penning last year after the 2015 TI Summit in Vegas, and it turned me into an extremely successful trader. follow me on the Twitter we Live trade with a group from the summit to all help each other learn. God Bless
@WolvesWallSt
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Welcome to posting, I'd love to see more watchlists like this. Also, PZRX was given orphan drug status, not approval.
I plan on doing it. And I was not aware of that for PZRX, I assumed it was approved because it was on the FDA website of approvals? Thanks for the comment though!
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U are the man @Arussell125 thanks for the motivaion
If you could only invest in one of them for tomorrow what would it be? I took big losses the past couple of days and am looking to invest in one of the stocks that you suggest to help me regain some of what i have lost. I just want to say that I've been watching your trades as of recently and i would like to congratulate you on your success and let you know that i one day aspire to be as successful as you sir! i started trading with $50 and grew it to $1,000 but sadly lost 40% of it this last we
@EuroTrader The one that has good price action that you did your own due diligence on
Arick, Awesome! I bungled my entry into GENE but nice work!!






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