JohnnyIN

 Received 4 Karmas
TimeFliesBuy
1TimeFliesBuy Feb 18, 5:21 PM

Not sure how long your drive to work is but I play a portion of a DVD on my way to work then another on the way back, don't really need to see the video most of the time unless its a quick chart glance.Obviously you have to be careful driving.

JohnnyIN
JohnnyIN Feb 18, 5:51 PM

lol...Okay, I will stop counting and find additional time.

JohnnyIN
1JohnnyIN Feb 18, 5:54 PM

I have converted all my DVD to audio files and put on the iphone...I dive an hour to work but thats for Satriani. :) While at work I'm by myself so I listen to them all day...I need to convert the Trader Check List to audio-isn't this on Youtube? Oh, and I do indeed watch all recent lesson as the arrive

TimeFliesBuy
1TimeFliesBuy Feb 18, 5:57 PM

Well it's hard to compete with Satriani, also take it from me once you get to 600 or 700 you will see how much he is repeating himself, they are still great examples and new tickers all the time but by then you should have a much better understanding of the paterns and how they play out.

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AngelTrades

 Received 2 Karmas
JohnnyIN
1JohnnyIN Feb 18, 3:45 AM

This was indeed a beautiful setup @$6.08. It held support from previous fake out and red candle @2:40ish also held support of last 3 minutes. A solid play at $6.08. And your thesis was good...very solid price action leading to eod. I know the pain of those pullbacks tho man! Lol you get used to them and let them run their course before reacting. You could have survived both...but the pain! Lol

JohnnyIN
1JohnnyIN Feb 18, 4:05 AM

My 2nd trade TBIO...very similar to yours. Eod 10 min to go...2400 @1.10/share. The second I bought it plunged $.12. Before I could think of what to do it began up ticking. 8 minutes later it hit $1.52 and I got out; panting, shaking, sweating, heart rate of a 120. Lol had I been relaxed I'd have noted it finished spiking and continued into a/h where I could have made $400.

JohnnyIN
1JohnnyIN Feb 18, 4:08 AM

Paper trading is good my friend but does nothing for emotions...need skin in the game to learn that side of it.

AngelTrades
1AngelTrades Feb 19, 6:16 PM

@JohnnyIN Thank you for sharing your $TBIO trade haha I agree that it is very similar to my trade on $CLD. And I agree with your opinion on Paper Trading. It is good but it does nothing but give you a "somewhat" feel for the real thing. You need to actually trade to work on your profits.

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Finetunedtrades

JohnnyIN
JohnnyIN Feb 04, 3:52 AM

@FrankieJr no m nation of 100 trades a week...let's not over generalize here. This rule can and does keep you from joining some great plays; that, along with the psychological deterrent of cutting loses quickly...pdt rule is indeed awful.

JohnnyIN
1JohnnyIN Feb 04, 3:55 AM

I could see 3 trades every rolling 2 days, not 5.

MsMoneyHoney
MsMoneyHoney Feb 06, 1:59 AM

@WealthArchitect Yes, absolutely! That's what I have to do, but for now, I'm only one my first account until I build...

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PlanB

JohnnyIN
JohnnyIN Feb 04, 6:04 AM

And if you don't liquidate, they'll do it for you! Lol

PlanB
1PlanB Feb 04, 4:30 PM

@JohnnyIN I'm just gonna open two accounts with them now. They said I'd have 3 day trades on each account as long as I can confirm that's not the only reason for opening it lol IB they freeze one of my accounts I'll just move my money to another broker anyways so they may as well let me trade with them.

JohnnyIN
JohnnyIN Feb 11, 8:15 AM

@PlanB copy that! Keeps us updated how they react to you working multiple accounts...I'm curious

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