Received 17 Karmas
Angel_
1
Angel_ Apr 16, 18 3:59 PM

@papajohn Thank you for your honest and humble analysis of your situation. Glad to be on this journey with people like you.

KenKwan
KenKwan Apr 19, 18 5:39 PM

Kudos to you. I probably would have quit seeing such a drawdown. Thanks for sharing your fighting mentality!

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OceanRider

@REED314 Just wanted to take a second and congratulate you on your trade on LFIN. I'm sure those results came with countless hours of studying. Well done!

REED314
REED314 Mar 29, 18 5:39 PM

Thank you! I really appreciate it. It’s been a long time studying but these last few months have been great

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Received 11 Karmas
OceanRider
2
OceanRider Mar 24, 18 9:43 AM

Nice post. Keep up the good work. Was watching HTMM DVD and came across PolisB who Tim references in this DVD who at the time thought would be his next millionaire student. It appears this guy went up quickly to 200k then dropped to 100k. Something I will def learn from is that everyone is suseptible to losing no matter where they are. Wishing you a good wk going fwd.

richesndreams
richesndreams Aug 11, 18 1:34 AM

Thanks for the post. I appreciate your posts. Curious about your journey. Do you use STT for your scanner? I use Finviz. Thanks!

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OceanRider

I was reading this article this morning which is an excellent starting point for using Fibonacci Extensions. I learned about Fib Ext few years ago in a FOREX trading class and first observed how the big players in FOREX use these. The point for these measures are to give predictive measuring points/levels based on the past in the future. Please note that these only work in highly liquid trades (supernovas, high flyers, etc as indicated in the paragraph ABOVE the section: "Using the Fibonacci Extension Tool") If anyone starts using these from my post, please let me know as it would be helpful to have others in the active trades highlight their levels amongst us in active trades such as supernovas like RKDA, PTI, DXR, AMTX, etc. https://vantagepointtrading.com/use-fibonacci-extension-tool-find-targets-reversal-points/

OceanRider
OceanRider Mar 18, 18 5:04 AM

The goal for these using these are maximize the potential gain and know where key levels and have reference points from other measures made by others to gain a better advantage in active trades.

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OceanRider

@BrokeandPoor Was just checking in on you after the other day's chat. Hoping you were doing ok. Wanted to encourage you not to give up. You were one of the first on $PTI other day. Just keep going man. Don't let what anyone says stop you. Only thing that matters is what you say to yourself, not what anyone else says.

Received 2 Karmas
asfricksrs
1
asfricksrs Mar 15, 18 2:58 PM

I couldn't agree more...things can get loud in chat and it really isn't an attack upon any one individual. What matters is your journey, do not give up on this - keep it rolling - look forward to seeing you and learning from you!

BrokeandPoor
BrokeandPoor Mar 15, 18 3:40 PM

Thanks. I'm sure someone will delete these posts too.

asfricksrs
1
asfricksrs Mar 15, 18 3:55 PM

Nahh, won't happen...this is the point where you roll your sleeves up and focus in the goals of your journey here...all the other is just white noise...even if it comes from a guru...they do not intend to crush spirits - only insight the hard work it takes to succeed!!!

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Received 14 Karmas
papajohn
1
papajohn Mar 12, 18 6:19 PM

@OceanRider If you aren't ready to go that big, use fractional kelly for now. Maybe 3/4 or 1/2 or whatever size feels comfortable to you.

OceanRider
1
OceanRider Mar 12, 18 6:38 PM

I love that Kelly is about using a system and making things more mechanical. Thank you again for sharing this.

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