Madbash

[TimChallenge] I am planning to cover half of my $MGT @ 2.45, and half at 2.35. A break of 2.65-2.70 should probably constitute a cover for a small loss.

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robotcat2
1
robotcat2 Jun 03, 16 3:46 AM

is the best time to build a watchlist the night before or in the mornign during pre market hours. also once you start, what do you look for? how do you build a watchlist. i have no idea what stocks are gonna do what. i want to make money too.

MNickerson
MNickerson Jun 03, 16 6:38 AM

Hi TroyV, I'm in the exact same boat you are. Trying to move my income from my current life draining job to trading stocks so I can tell my thug italians to find someone else to abuse. Anyways, I just started my E-trade account with a very low amount looking to make small positions to get used to the process of trading as well as looking for trends and patterns. I guess I'm still struggling with how this "predictability" comes in play as I understand that you look for new or new information on a

Madbash
Madbash Jun 03, 16 7:01 AM

I believe it is best to build your watch list the night before. Check the big gainers for the day, and figure out why they may be up, and if you should trade them. A lot of the best set-ups take days to develop, so your lists will constantly evolve. Good Luck!

Madbash
Madbash Jun 03, 16 7:03 AM

Also, Consider following traders that you can learn from. lx21 does not report trades anymore, nor does his strategy fit most traders. You need to watch and study peoples trades who use the basic Tim Sykes Strategy. ie Mark Crook

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Madbash

These are the Thoughts I Want to Have for the Next Morning Spiker Breakout. Let me know if anything seems way off base. Thanks.

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