@sunseeker00 Ye. bottom of that U only to get back to the bottom again. It's really frustrating. I'm not being disciplined enough and I don't know how to discipline myself to just wait til something hits support to buy it. ugh

@nelsdawgy if dip buying is your game then put your starter position order in $0.05 - $0.10 before support and your full size at support then as soon as that fills immediately set your stop loss below support. that way you will have a starter and not worry about missing out but your risk is still under control. Only problem with scaling positions is they gotta be big enough to be worth paying the extra commssions.

@sunseeker00 that's a good strategy actually. On my Etrade account, I can't do that cause it's too expensive. but I think i can do it on my IB account. Thanks for the tip! I'm actually going through each of my trades this week now looking at what went wrong and how i can do better.

Just with regards to starter positions from my experience (which is not that much, but still some) scaling in works alot better if you are taking a short position into a spike towards resistance rather than dip buying. I find it will always hit support and sometimes drop slightly lower briefly (or tank completely) where are a spike many times will not get to the resistance point because of all those castrated quior boys wanting to get out before the pull back. so starters in shorts work better t

Where is your Technical background from.. I'm working on back filling mine right now to better play Tims awesome stratagems

@calamode - these are my support and resistance lines. The red lines signal a support or resistance line of more importance than the blue. If you see purple, then that's a major support or resistance line. I always have a 1yr chart up along with my daily. Always on whole, half or quarter dollar levels.

@bondjaymzbond - I got my grounding from the DVD of Nate's at Investors Underground. Otherwise it's just time and experience in front of the charts.

Thanks man

@buffaloish Ye.. but i've been in this for a year now! It's really frustrating when you let your emotions ride you... sign. This is good though. Gets me back to basics

@nelsdawgy Yea emotions, pride and stubborness are what is killing me. I'm trying paper trading and robinhood with only $100 to concentrate more on technical stuff than making big profits. Hoping it will help put me in check

I'm sure you do this already but review your trades and go over what you think you did wrong. Fine tune your method and over time hopefully you will improve. We've all been there. Good luck.

Nels, your trades can be a learning experience for many of us.

Noice

I just noticed a typo on the AXON chart. I said Short Signal when I should have said Long Signal.

Does Tim teach these signals in his dvds? Kind of confused by trying to interpret these

I'm not sure what Tim teaches in his DVD's. These are just some chart patterns and signals that produce results.

I only wanted to make 30 to 50 cents but boom another loss

You didnt follow your gut. You knew what was happening but trusted the news and Tim. Tim said it "could" run. "Could." You knew in your gut what was happening but didnt follow your gut. Even Tim is wrong 25% of the time. Look take this as a learning lesson! Dont quit. Paper trade until you get comfortable. Save up and start over again. Youll never make ot if you quit! Tim G and others lost over $100k in a trade. Keep pushing. Dont quit!

If you dont feel comfortable get out! There will be many more setups!

Ajhon, Les Brown has a message for you : https://www.youtube.com/watch?v=l69MkRk0fIM&app=desktop

Thanks for the blog post, don't promote outside websites though, our team edited your post

Nice

Lack of experiences. Get you feet wet, pal!

Working on it, Im working on saving up enough money to fund a brokerage account. Should be up and running within a few weeks!

Check out my daily chart postings for help with buy and sell signals and patterns Cody. Two posts completed already, and the third will be going up later.