SHOdMONI
1
SHOdMONI Dec 05, 16 11:03 PM

Haha read my blog post about NVCN. I should have had a $200 gain as well but thanks my stupidity on a stop on quote order I lost the opportunity

DapperDude
DapperDude Dec 08, 16 10:26 AM

@SHOdMONI I did the same, got in at 1.21 and got out at 1.17 when that nasty short hit it.

SHOdMONI
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SHOdMONI Dec 08, 16 10:39 AM

@DapperDude Yea this stuff is so predictable. learning the patterns and trends is the easy part. The difficult part is mastering your entries and exits.

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SHOdMONI
SHOdMONI Nov 05, 16 8:05 PM

Sorry forgot to add the formula for the short interest percentage, which is the number of shorted shares divided by shares outstanding. Most screeners should already calculate this for you, but it doesn't hurt to see where the hell the percentage comes from

SHOdMONI
SHOdMONI Nov 05, 16 10:42 PM

@JohnLin Nice! Another helpful website, thanks for the link my friend!

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Palmer
Palmer Nov 06, 16 8:34 AM

It's going to be crazy but 'crazy' is what we trade sometimes. We've been told to sell into strength about 12,693,430,491 times so when we are told the 12,693,430,492nd time it will more than likely hold true again for the week ahead. Thanks for the post.

Turbobob
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Turbobob Nov 06, 16 3:21 PM

Thanks for all of the information and insight. Greatly appreciated!

AayaKadai
AayaKadai Nov 07, 16 5:24 AM

Bob, Did you have chance to review ADPT - still one of the big boys dropped almost to 1/3rd of the price. As you mentioned, any reversal this has a lot of gap upside to fill. Thanks for the watchlist again :)

Turbobob
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Turbobob Nov 07, 16 9:04 AM

Maybe over $9.15 with a move to $12.00. But the big drop was earnings releated not market related so it will take time for it to consoldiate and recover.

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SHOdMONI
SHOdMONI Nov 05, 16 7:08 PM

I love this post, I just finished posting a blog and took a quick glance at all the other community posts. I was instantly drawn to the "Beginning" title since I too am starting anew (second go around after blowing up my first account). I like how you mentioned the lag on the StockTrainer App, which is the exact app I was using when I first started training, SO I know all too well on how dam laggy that app is compared to the real-time quotes. And hey, I definitely wouldn't recommend selling your

SHOdMONI
SHOdMONI Nov 05, 16 7:11 PM

truck to raise the capital. Save 10% at minimum of every paycheck and while that grows, STUDY STUDY STUDY STUDY. I promise you more than likely you will start to lose all your hard earned money and you will feel sick to your stomach that its gone. I don't want to come off as a dick, but it is the god honest truth. I hope to see that trading changes your life in the future, it sure has changed mine :)

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TallHandsomeRob
TallHandsomeRob Nov 07, 16 3:29 PM

Thank you for this post. Good reminder to trade scared. In the context of trading scared I always remember Tim saying: "If a trade isn't doing EXACTLY what you think it will, just get out, whether it's up or down."

TimeFliesBuy
1
TimeFliesBuy Nov 07, 16 8:59 PM

Thats why we have risk levels, whether previous day higj or low, premarket high and low and for some they use fibonacci levels based on those same levels either way you have to trade scared and trade smart. This is why Trading Tickers is such a great DVD in my opinion because it shows Grittani and his entries and exits and shows a fair amount of his psychological hurdles.

klierstock
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klierstock Nov 15, 16 12:37 PM

Amazing post! I am brand new trading real money. For the past eight months I have been studying like crazy, almost obsessed like. Starting in December I will make the leap to trading real money with a small account. Your post inspired me even more to keep studying harder, and to get in the right mindset that I do not need to start with a big account. I am excited for your next blog post to come out.

zayden
zayden Dec 22, 16 1:26 PM

Thank you for the post - it is truly inspirational - I started with losses but then built up and reached a 50-50 win-loss percentage and did the unthinkable - traded too big, became greedy even though I was making a profit and did not sell when the profit turned to loss and now my money is stuck - now all I do is study

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SHOdMONI
SHOdMONI May 05, 16 8:32 PM

What I've learned is that no matter what your strategy is, if you don't feel 100% about entering a position then don't. I would say 90% of the time I'm glad I didn't because the stock tanked soon after I was thinking about entering. The other 10% of the time I would have banked if I entered like SYNC today. Plus I think scalping gets your feet wet a little, so there's nothing wrong with it as long as you don't make it a habit

novice
novice May 05, 16 9:25 PM

Great strategy. You will miss out on some moves but you will not be down 35% before you get up in the morning. I am going to start scalping personally. I have literally watched 15-20% gains morph into 10-15% loss waiting on a 50%+ move. I need to focus more on singles instead of homeruns. Hang in there.

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