Thanks for another great video E. Appreciate all you do for the community.
@Jaake very welcome. Glad to help.
This video is extremely helpful, thank you!
Thank you Ellis, another informative lesson, well presented and explained. You are a very good teacher
Great lesson, thanks!
Very Instructive! Especially on the mindset of trading! Thank you!!!
Great video. I'm really liking the detailed explanations. One thing I didn't quite get was how you manage your sell orders on these otc's. I noticed at one point the bid was like .0129 and the ask was .013, but you slapped your sell price in at .0112. Is that similar to selling at the bid?
@AAlmujahid I account for slippage. I typically set my sell orders lower then the bid because I just want out. With OTCs I’m really focused on that because it is so hard to get out sometimes. Also I set lower because I want to give the stock maximum opportunity to hold and if it can’t I’m still able to get out decent without panicking and having to re-enter my order and causing more damages in losses.
Got it. Makes sense.
Thanks Ellis! Good talk, great stuff.
@sarintaU8 Thank you for the acknowledgment. Will continually do so if ppl are willing to watch and learn from them.
Awesome Ellis thank you so much for your time and effort and like you said once you can't catch fish by looking at my pole. LOL Truly grateful for what is now All Is Well
@sarintaU8 I post in the chat during the day.
5 starts video! Thx!
Thanks Ellis Quick Question because you were in Zom you missed the consolidation in the 2.80ish would that be good entry being under PDT I understand your thesis on your entry and looking at this afterwards using that 2.80 as my risk. Would that be a viable play?
Yes, because of where the support was. r/r is still there. Under PDT you would just need to manage size so that you are not scared out through the choppiness
@BakeAndTrade Not anymore. Volume too sketchy and normally PM is false reads for me.
@Gavin_O Very welcome
Thank you so much. I get knowledge from you a lot .
Oh my Lord I was with you on every emotion LMAO awesome Great stuff Ellis. This was really rewarding for me for the simple fact what you mentioned about Crooke and getting in and out at the same time and to confirm that afterwards I know I'm on the right track very cool. Peace Out
@sarinta74 just became a fully transparent trader today!