Thank you for being transparent. Losses like that are by no means easy but learning from them is the point. Downsizing and re-focusing is probably a wise idea.

Thanks for sharing this Kyle, it takes a lot out of a person to do so. Hope you have a quick recovery and can get back on your feet

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the pain of size, not cutting losses quick, avging down. reason for my two biggest losses in may. glad you have this lesson

You have the right mindset which is great, just find one or two pattern that works then stick with it until u can expand, big things have small beginnings!

@Rx_ good to know!

@Flockstock ya nearly

Inspiring!

love your twitter trade -s jon dux

Sounds like you already know what you did wrong. Greed set in and you wanted more.

Yea just by looking back again and again trying to figure this out and yes you're right good sir I got very greedy..

A bit harder with the smaller possitions but nothing wrong with selling a quater or half the position on a nice move up and moving the mental stop loss up.

Great trade, but just remember to take profits and don't be greedy, singles add up.

Hi Tim, congrats on your recent short with OLMM, could you please help me understand how you were able to keep stocks longer than three days, as I understood that after three days brokers can call back stocks. Is it because you Borrow stocks instead (at a cost). I am a new challenge student and not sure I got that difference right if there is any between the word shorting and borrowing. Thanks, Eric

Brokers can call back stocks after three days, that doesn't mean they will.

got it, I thought Borrowing stocks was referring for another type of deal. Well done again

thanks Tim

No, just go to the 'My Trades' tab and enter your brokers user and password. It'll bring up all your trades.

I enter manually - no problem