Received 1 Karma
PaperAccount Jun 10, 16 7:22 AM
oops, "Fridays can produce some big short squeezes so be cautious if going long in something" I meant to say to be cautious if shorting lol
Join now or log in to leave a comment
I think I'm narrowing down what window of time works best for me. Mornings are hit and miss for me. Between my sleep schedule, driving my son to school etc, I'm having a difficult time entering at the open or monitoring trades shortly after. Mobile is okay for looking at basic info but not idea for entries and exits because I have no ability to look at the indicators that I like to use. I don't like holding overnight either, because it seems too risky. The last hour of the day is my kill zone. Smaller gains 2% to 5% which is what I'm going for, news usually out and volume in, I can trade from my PC and use indicators... I'm going to focus on the last hour and see it my consistency improves
Received 1 Karma
I'm pumped to make the switch from paper trades to real money because I know that these types of opportunities appear on a regular basis. I spotted $OREX squeezing into the close and that it was breaking out above $0.51. I placed a long order and was executed at $0.58. Held the position for only 7 minutes before exiting to avoid getting stuck overnight. End result was a quick 5% gain and $600 for the account.
Received 6 Karmas
Received 1 Karma
timothysykes Jun 06, 16 10:01 PM
Good start but no links to outside websites, anything you want to say, say it on the community here so we've removed those outside links, thanks for understanding!
PaperAccount Jun 07, 16 4:55 AM
Oops, wasn't thinking. You just said that in a video too ugh. Guess that would get me afterschool detention lol. Sorry Tim
Join now or log in to leave a comment
YawnAlot Jun 06, 16 8:34 PM
Nice, i feel you on CJES, i was in yesterday at .53 and sold at .55 today in the AM, then it ripped up without me haha, so i came back in at .64 oin small acount and a little more at .65, i seen that it held above the breakout point so all those drops i seen them as good opportunities to add to the position, glad i didnt go in strong tho or i would be a lil more upset ha. im hoping to see it retest the .80s, might take a day or two
YawnAlot Jun 06, 16 8:36 PM
15 min chart looked bad but 1hr+ looked good towards a swing setup i think, i had it on my watchlist too check it out
PaperAccount Jun 06, 16 8:38 PM
Yeah I'm going to keep it on my watch list for tomorrow and see what it does. Happy Trading!
YawnAlot Jun 06, 16 8:46 PM
Also, everytime you trade, if you find youself too deep in the stock that you simply cant fix your average, you might be going in twice as heavy as you should. I know because i remember that feeling, its kind of like when reaching the point of no return, in too deep at the wrong time. lol Good luck bro!
Join now or log in to leave a comment
Sooks Jun 03, 16 10:42 PM
If you're paper trading how come it shows up on profit.ly?
anderton88 Jun 04, 16 4:54 AM
It would mean one correct trade. But its all about the gain percentage, win loss for me, the success of the predictions. Also the ability to handle the emotions with real money also. Thats why I dont value how much money i make at the moment. Your trading at the moment is really good though!
PaperAccount Jun 05, 16 7:03 AM
Hey guys, I do have a profile on here for my real money trades @alleywolf, I wasn't happy with how I was trading and forced myself to paper trade while I study and build up consistancy. Profitly doesn't upload for paper accounts, eventhough I paper trade on ToS so I manually enter the trades. This profile is mostly a tool to help me track my progress and to keep with my blog's transparency commitment. Hope this helps. Please feel free to ask questions. I'm still learning and not a guru, but happ
PaperAccount Jun 05, 16 7:05 AM
...but happy to help when I can.
Join now or log in to leave a comment