Tim has so many free videos on youtube, watch them all. I'd avoid sneaking around behind your ol' lady's back. Also, Thank you for your service.

Go with Tims How to make millions dvd's its 35 hours long and you will learn alot 13cds. Its defiantly worth the 300 bucks for it.

I hear you on that. I'm an adrenaline fiend myself. Trading definitely does the trick. I bought Tims DVDs. His style doesn't quite fit my own, but nevertheless, they aren't a ripoff by any means they definitely teach you if you aren't sure where to start

Thanks for all the grea replies.

hey man...a couple [related] questions. why does a gap up on REXX make you want to short? and why would a gap down cause a short squeeze?

@PlanB Full time

@Learnthings If it gaps up, some people will buy chasing it, but a lot of people that held from the day before are going to take profits at the open which will drive the price down (which is exactly what happened...gapped up, spiked in the morning for a second and then dropped big from $1.30) If it gaps down, all the over night shorts are going to be covering to take profits forcing a short squeeze since they have to buy back to cover. Hope that helps

Definitely helps. Thanks, my friend. Have a good night!

I'm experiencing the same problem so now I'm taking a break before i blow up my account.. sure trader does have high fee's $5/trade + 0.003/share

Try to trade once per day, don't over trade. Find the best one of your picks and go with it, or you can subscribe to Tim's alerts and go with the flow. Stop trade random stocks and you will get back on track to success.

"Get rich or die tryin'"

focus. i dont even understand how you can make 49 trades in a day. I have trouble finding 1 solid trade per day.

No. Real.

Look at it now. Started at 12.22. Now 12.63 at this moment. See my smile? :)

why do you like this chart so much? I noticed all of your blog posts are about it.

big gamble

what broker do you use? I tried to short at 1.47 yesterday, but got cancelled for no shares available.

i was able to borrow from etrade yesterday around 10am

Awesome trade. Thanks for the video. I watched this today because of your watchlist. I saw it quickly break 12.50 and run, but felt a buy would be chasing. How do you determine if you're chasing or not on a play like this?

well done Bob, :) thank you for your review

Buying $1 above my entry level was really a chase. But the break out was $12.50 so I could justify the buy. As next resistance wasn't until around $16 I felt it had a long ways to run. But, also, got lucky.

Thabks for the insight :)

@Turbobob Hey Bob, i didnt understand why you bought the long term position, and how did you catch the 4 double tops ?

The stock was down from $40 but had very good underlying value. That was the reason for the buy I was watching the stock for a move above the multi week resistance level (the 4 tops) before going long as a trade.

I use the 5 minute as I find I get less false signals. I watch level 2 price action which, to me gives me the same information as if I was watching the 1 minute chart.

Thank you TurboBob