joecrowley7777

@RolandWolf Saw you interview on here recently and really happy for you and your family. I need to learn more, a lot more, before feeling comfortable enough to confidently trade. I have been watching the 14 videos Tim offers for FREE to all. Trading for the 1st 2 hours a day is tough right now for me. I heard loud and clear your hours were flexible at 1st in the family biz. How crazy would it be to do NOTHING but learn and educate myself the next 6 to 8 months, sell my house, take the proceeds and rent a place and trade with the remainder? Maybe I paper trade a few months too before doing this. I have a son and want to plan smart and not fast. I am willing to take the time to get there. Any key tips, videos, advice or words of wisdom to offer? Keep at man. I am impressed and happy for you.

Sylvia_cc
2
Sylvia_cc Apr 12, 18 11:08 PM

I think selling your house in a very bad idea. Check Tim Grittani story.

Fox_Trader
Fox_Trader May 12, 18 7:30 PM

Defiantly not a good idea listen to Sylvia

joecrowley7777
1
joecrowley7777 May 12, 18 7:53 PM

Agree 100% and thanks for the gut check. I really count myself as fiscally conservative and will take the advice wholeheartedly.

AnneMarita
4
AnneMarita May 15, 19 3:43 PM

@joecrowley7777 I've been trading for two years. Trading in Tim Sykes group and two other ones. One of them is a private group of just a handful of us. Many of us have reached 6 figures in trading now. Most started with about $10k trading account. It's enough to get going. The most important part is studying and practicing. People usually need 2-3 years to become profitable. Lot's of studying, is the name of the game!

Join now or log in to leave a comment
Received 8 Karmas
TimeFliesBuy
1
TimeFliesBuy Mar 31, 18 3:28 PM

The market is weird right now but usually we can track what is hot, nit just sectors but sometimes just CEO letter to shareholders or an 8K about an upcoming reverse split. So before going into a chat you need to know what is hot and cold right now.

SKYisDLimit
SKYisDLimit Mar 31, 18 7:24 PM

Short term long is what I like, very hard to find stock to short...I do look for hot sectors, But what I look for is the bottoms and gettin in on a bounce. The Charts mess with my plans the past several weeks and just killed my account.

TimeFliesBuy
2
TimeFliesBuy Mar 31, 18 8:03 PM

Shorting JNUG or any ETF through an option is a recipe for disaster unless you have a time-tested strategy or an ALGO that has been heavily backtested. I'll send you a message shortly.

SKYisDLimit
1
SKYisDLimit Apr 01, 18 7:50 PM

Agree with that said, most of my JNUG are channel trades, between 12.80 and 14.00 i have followed this for the past year and it has a good trend i can follow.

Join now or log in to leave a comment
Received 42 Karmas
Clovis
2
Clovis May 23, 18 9:31 PM

Wow, I love the detailed information here...Thank you and you will make the money back plus plus ;)

papajohn
1
papajohn May 23, 18 10:49 PM

@Clovis yep for sure. I already have. I’m at new all time highs now.

Clovis
2
Clovis May 24, 18 8:28 AM

Awesome! I just need to turn my chart around like you did...lol

SKYisDLimit
2
SKYisDLimit May 24, 18 8:54 AM

trust me when I say be patient, I learn that I was overtrading just to trade, I was making charts to look like I wanted them to look and not allow the truth to be told. I spent about 100hrs just watch the tim video's and just stop trading. I also sold all my stock at a neg or maybe a small gain, but mostly at a neg. Hard to see that money go down the drain. Study and find your style. most of all do not follow or chase the chat rooms picks. 99.9% of the time they ae in the stock that they mentio

Join now or log in to leave a comment
Received 3 Karmas
hr_tetra
1
hr_tetra Feb 09, 18 12:14 AM

I have listened to Brett Steenbarger lately. His experience is that most traders fail because they haven't found their edge in the market. Some might be frustrated, and start to overtrade/not managing risk well, and might believe they have a psychological problem, when really the psychological problem stems from not having the edge.

hr_tetra
hr_tetra Feb 14, 18 6:21 AM

Sorry, haven't been checking my mail lately. Please, do add it!

Cbthomas
Cbthomas Feb 19, 18 12:51 AM

very true,well said.

Join now or log in to leave a comment
Page
of 2