A clear pump from a clear trash company. I wouldn't ever trust going that big on an OTCBB like this. Maybe good for a quick scalp end of the day but then again, who would have known it would jump a single penny after it's long downtrend with a horrendous chart. I wouldn't be in this at all past today if I were you unless it drops back down to .02
Less than $11,000 moved the stock in the last few minutes. Personally I think someone bought half of the float and then tried to paint the tape using the "news" as a catalyst. I see this all the time in Canadian stocks you have trouble getting out without crashing the price once the pump pulls out
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Welcome! I wouldn't consider my self experienced but Im always interested in bouncing ideas off of other traders. How long are you looking to play this one? Could be a good one for day trading options but looks like more bearishness with a dead cat bounce on the weekly chart
Once I looked at the weekly and 200 day chart I got a little scared away. I may end up paper trading it. I've watched about 300 of Tim's videos on YouTube so I was trying to compare to some of the things I have learned. I do not have a margin account yet. If I did I was thinking day trade by shorting when it peaked.
If you plan on holding SCTY, would buy 1/4 of my postion now.
ya, it looks like it can increase a little higher for tomorrow since i read the press just to open another operation which is a good sign
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longer you're in a trade, the harder it is to focus rationally. Anyways, welcome to the community, feel free to ask questions and good luck in your paper trading journey! Treat it like real money.
Add to your winners, cut your losers. If you are consistently winning on a certain stock keep playing it. Stick to what you know. The market has been going up for 7 years now so know the bear market might be creeping in or is already here. Buffet says 5 years up 2 years down. Also, making one great trade is better than make 50 good trades. Why swing on every pitch? Wait for your pitch and take it deep. Cut your losses early and let your winners ride. Always take profits along the way. The first
two hours and the last two hours are the best trading times. The most important part in entry points being as close as possible to youe exit points. Remebmber, you are not just buying or selling. You are managing uncertainty and need to plan with that in mind. GOODLUCK on your journey.
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I did not mean to post this video lesson here. It was only susposed to be the list you see above.. Raidon, Catch some of my other videos if you want some more information.
good vid bruh
Thank you Mr. Beggins
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[TimAlerts] check out the cup and handle and mini breakout on $EKSO 30 minute chart
[TimAlerts] $EKSO uptrending nicely
And Tims book "An American Hedge Fund" also Free on his web site. http://www.timothysykes.com/an-american-hedgefund/index_files/AnAmericanHedgeFund.pdf Another great read!!!
Hey man, hands down MOMO TRADERS has very good details from lx21 to tim grittani and other traders view and experience of the market. American hedge from Tim Sykes will tell you another story of struggles and accomplishments, and after an year of trading experience and 3 blown accounts, complements with The Daily Trading Coach: 101 Lessons for Becoming Your Own Trading Psychologist, this book works on any level, from good to bad and how to cach yourself to be better on the "worst" of you.
"start with why" "political philosophy" by steven b smith and "death" by shelly kegan
thanks guy for the advice. I definitely need to do some reading
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