Joshua_196

@MichaelGoode What scanner do you use? I'm checking into Trade Ideas, Stocks to Trade and Equity Feed. Your thoughts would be appreciated. Thanks!

MichaelGoode
MichaelGoode Jun 22, 3:49 PM

I'm always in Timalerts and TimChallenge chat and on Twitter. I don't actively watch any other chatrooms

Joshua_196
Joshua_196 Jun 22, 3:57 PM

Thank you! Your equity curve very consistently up with smaller trades, which is awesome! I see Tim Grittani and Dux taking much larger positions. I'm curious why you haven't elected to scale up, as some of them had.

MichaelGoode
MichaelGoode Jun 23, 8:54 AM

Simply put, I don't have the risk tolerance that those two do and am also a good chunk of my profits come from less liquid stocks which I cannot easily trade with much larger size

Joshua_196
Joshua_196 Jun 23, 12:47 PM

Sounds good! I'm also learning that one has to do what one is comfortable with, and sounds like you're doing just that! Keep up the consistent trading! You've been an inspiration to me!

Join now or log in to leave a comment

xbows

@MichaelGoode I see you use IB. Do you find they have shorts available? I have TDAmeritrade and Etrade accounts and can never get shares to short which is very frustrating when you find good setups and can't take action. Don't have $50k for CenterPoint or $30k for Cobra. Mostly trading Nasdaqs >$1.

 Received 1 Karma
MichaelGoode
2MichaelGoode Jun 13, 10:40 AM

IB isn't as good as Centerpoint but they are better than Etrrade. TDA is just horrible.

xbows
1xbows Jun 13, 10:56 AM

Yeah I opened the etrade account specifically for shorting but so far am striking out. Might close it and try VenomTrading instead, which clears through IB. Hate to have to focus on long setups only, as shorts seem way easier to profit from. Thanks.

MichaelGoode
1MichaelGoode Jun 13, 11:02 AM

Yes, Venom Trading is another good option if you don't have the money for IB

Join now or log in to leave a comment

AmberNinja

@MichaelGoode are you still using StockFetcher Finfiz etc in the getting started videos? I "think" you said I could skip that video now that we have Stt software. Thanks :)

 Received 1 Karma
MichaelGoode
1MichaelGoode Jun 09, 10:42 AM

I still recommend Finviz as the best free non-real-time scanner and Stockfetcher as the best and most customizable cheap non-real-time scanner. Obviously if you are already paying for a more advanced scanner (that also does real-time scanning) like STT then there is no need for them.

Join now or log in to leave a comment

0oSethMcClaino0

@MichaelGoode Ha just learned you would send people a stuffed duck in the mail. Do you still do that?

beheracts
beheracts Apr 29, 6:58 PM

Hi Michael, could you suggest on CVM? I have a long position at 0.14 and it's started falling. Please suggest do I wait or step out?

MichaelGoode
3MichaelGoode May 01, 2:39 PM

Yes I still do it. But only two people have ever earned a duck. Tim G. was one (at the time he had only $5,000 in profits). Another was a woman by the name of Amanda who has since been lost to the darkside of forex trading.

Join now or log in to leave a comment

List results per page:510152025
Page 1 of 1430