Received 17 Karmas
Angel_
1
Angel_ Apr 16, 18 3:59 PM

@papajohn Thank you for your honest and humble analysis of your situation. Glad to be on this journey with people like you.

KenKwan
KenKwan Apr 19, 18 5:39 PM

Kudos to you. I probably would have quit seeing such a drawdown. Thanks for sharing your fighting mentality!

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Received 43 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

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Received 15 Karmas
TheFirstLadyOfTea
1
TheFirstLadyOfTea Jan 21, 18 8:16 PM

I think you are doing just fine...maybe a bit earlier to test other setups?...Your current monthly profits are very impressive. Even if you stay with this setup for few months, your account would be much bigger....Once you reach something like 70K or 100k, you will have much more room for trial & errors...Don't know how long the bull market will last...seems 2018 is still bullish...or hope so...keep it coming!!!!

papajohn
papajohn Jan 21, 18 8:22 PM

Thanks. I will definitely keep doing what's been working, I just see a lot of other opportunities for big profits and would like to start taking advantage of some of those.

joshkhanimov
joshkhanimov Jan 23, 18 7:07 PM

@papajohn can i ask what scanner you use or software to track otc multi day breakouts. i can seem to find anything to track otc

papajohn
papajohn Jan 23, 18 7:16 PM

I use StocksToTrade

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Received 39 Karmas
papajohn
papajohn Jan 17, 18 7:46 PM

@huperauxano the R-value is just the ratio of my average win to my average loss. I’m not ready to talk about the Kelly percent yet, I don’t want to lead anyone down the wrong path there.

unterron
unterron Jan 22, 18 11:44 PM

Did you make you make that spreadsheet?

papajohn
1
papajohn Jan 23, 18 12:20 AM

@unterron yes I made my spreadsheets I use for analyzing my plays.

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Received 12 Karmas
CrowofShortClan
1
CrowofShortClan Jan 07, 18 10:37 PM

@papajohn i used you as an example to my parents as to how trading is risky but your turned around almost a full year of profits in around a months time. Nice work and good trading!

ppx
ppx Jan 11, 18 4:18 PM

Congrats, amazing turnaround :)

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Received 3 Karmas
raulmacias
1
raulmacias Jan 07, 18 6:18 PM

as I will be taking that leap of faith to trade full time later this year. Best case scenario it works out, worst case scenario I get another job in the industry, save and try again. Good luck!

TheFirstLadyOfTea
1
TheFirstLadyOfTea Jan 07, 18 8:11 PM

I kinda can relate to...not exactly...I have found once you close your back door, chances to win are almost guaranteed or very high;) I had so much trouble preparing one important exam while working full time...Once I took a 3 month leave (close to be fired) to fully focus on my study, I did pass the exam very successfully....One thing tho-you need a very solid plan/strategy...that's a short cut for success...i know you will do well with this type of determination!!!

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Received 17 Karmas
papajohn
3
papajohn Dec 30, 17 9:29 PM

My plan is always to hold o/n before selling at all. If I get crazy gains the same day I will sell some but otherwise the only time I daytrade a b/o is if the b/o fails and I’m cutting losses.

ThomasLegend
1
ThomasLegend Dec 30, 17 11:02 PM

This is amazing. I totally agree that focusing on one pattern is the KEY to success alongside cutting losses in time. Hope 2018 will be a gamechange for you!

Kody
1
Kody Dec 30, 17 11:10 PM

incredible turnaround@

dmatin
1
dmatin Jan 01, 18 12:07 PM

Insane. Good luck man!

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