Received 3 Karmas
ImBatman
1
ImBatman Feb 12, 17 6:05 PM

I know how you feel. A few months a go I stopped trading for a month because I blew through about 2 grand too. I've done paper trading in the past but it's easier to remain calm and not get emotional knowing that the money isn't real. To get started again I made a tiny $500 account to get my confidence back. I have a few grand on hold to start using when I'm completely confident again.

Saebness
2
Saebness Feb 12, 17 6:12 PM

Good to see you're pulling up. Remember just stick to the rules.

DeeSniper
1
DeeSniper Feb 12, 17 6:27 PM

When I was ridin' bulls back in my High School rodeo days I rode hundreds of bulls without any terrible results. But the last one I rode shook me like a rag doll, dumped me and dragged me around the arena. The fear set in and I never rode bulls again. Fear is there for a reson, but fear has no reason. That's why they tell ya when you get bucked off a horse to get right back on. which I always have & at 58 I still ride horses. But I listened to the voice of fear on bulls and never rode another bu

StoxxRock
1
StoxxRock Feb 12, 17 6:59 PM

Cut those losses fast bro!

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manny90
manny90 Feb 10, 17 12:54 PM

yah. I should get that DVD. finding and researching stocks is y weakness. Thanks for the tip.

MickeyAnn
MickeyAnn Feb 10, 17 4:34 PM

I was just about to write a blog post about my inability to analyze the information once I gather it. I know how to find the stocks and research them but somehow I keep taking losses. Hopefully we get it soon @manny90!

JPDynasty
JPDynasty Feb 10, 17 4:47 PM

Look for top % gainers..then go through each of them to look for familiar patterns and news. Thats why its very important to watch some/all of Tim's DVDs, they will open your eyes for what to look for. Tim also has a awesome Youtube channel https://www.youtube.com/user/timothysykesdotcom with so much great FREE information.

ImBatman
1
ImBatman Feb 10, 17 7:41 PM

I'm going through a rough patch myself. Keep studying and taking good notes about what does and doesn't work. Remember it took Tim Gritanni 6 months to start being profitable.

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GraniteState
1
GraniteState Feb 10, 17 7:53 AM

How I plan on doing it is to build account equity up to my max limits. End of the month anything over the lmit taken as profit. Estimate tax for the month put that away.

GraniteState
GraniteState Feb 10, 17 7:57 AM

Oh and keep track as you go. I made 400 forex trades last year, I now have to manually type them all in.

brandonw90523
brandonw90523 Feb 10, 17 8:00 AM

@GraniteState I hadn't thought of trying to make quarterly tax payments. That's a great idea. I will definitely work that idea into my plan, thank you!

ImBatman
ImBatman Feb 10, 17 8:13 AM

My thoughts are the same but I like the idea of doing it quarterly.

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Received 1 Karma
LivingLarge88
LivingLarge88 Feb 11, 17 11:51 AM

@PlanB Have you ever used their web-based platform not the pro? I don't need them for charting nor level 2 I just want fast executions.

redcandles
redcandles Feb 11, 17 12:46 PM

@LivingLarge88 that's the only one I've used. It's good for putting orders in and that's all. The only thing is that it times out if you don't click anything after about ten minutes. I HATED that. But when you type your login info make sure you click "remember me" so you can sign in quickly if it does time out.

LivingLarge88
LivingLarge88 Feb 11, 17 2:05 PM

@PlanB How fast were the executions? Any issues with website freezing or crashing in the middle of trades?

ChristofferB
ChristofferB Mar 16, 17 1:01 PM

I've heard a lot of people say this, that the application takes forever. But all you need to do is to give them a call and they will speed it up. Helped for a lot of people as far as I know.

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