TallHandsomeRob

HTBX Bought at $1.12 According to a GAP N GO strategy I should have bought at 1.08 and sold at 1.12 or higher, but I'm not a scalper. Morning spikes always fail. My best strategy is to get it on the radar the day before or buy it at the market price right out of the gate and sell it as soon as it gaps up a little because I'm using Robinhood.

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TallHandsomeRob

$PTN Bought at .47 in the lower shadow (stem or wick) of 52 week lows. Sold for small profits, waiting on 500 shares to see if it can break above resistance at .537 & .556 and then to possibly .625 etc.

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TallHandsomeRob

XCO Bottoms: .95, .90, Resistance at 1.07, 1.10, 1.15 10:32 am robert k: How did you identiy the XCO bottoms (support) at .90 and .95? 10:33 am Jeff Williams: previous lows, have you watched the video lesson on that yet? I can send you link if you need 10:34 am Jeff Williams: http://www.pennypro.com/chart-reading-support-and-resistance-made-easy/ and http://www.pennypro.com/webinar-1-supportresistance-and-moving-average-lines/

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TallHandsomeRob

Jersey from PennyPro chatroom alerted INCC for possible bounce at 1:02pm in at .0019. Good 3 bounces support at .0019. Dangerous play because it's thin, meaning not multi level II support. Risk 1 cent, Reward 4 cents. IMO worth it.

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Received 27 Karmas
TallHandsomeRob
TallHandsomeRob Nov 07, 16 2:29 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 7:59 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
1
klierstock Nov 15, 16 11:37 AM

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 12:26 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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