Wow, I love the detailed information here...Thank you and you will make the money back plus plus ;)
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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Very nice!
Once again Papajohn, congratulations in your amazing performance, a quick question, who is your broker ?
@nirvanaghk I use e trade and IB
Good job! Keep posting please. I learn alot from your blogs being a new trader myself.
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I know this is 2 years old but thank you John ! Looking forward to Tradecaster
Great value, thanks!
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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!!!!
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.
@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
I use StocksToTrade
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@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.
Did you make you make that spreadsheet?
nice job PAPA
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@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!
@papajohn lol thought i finished because your studying and growing.
Congrats, amazing turnaround :)
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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!
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@TheFirstLadyOfTea just became a fully transparent trader today!
@TheFirstLadyOfTea well put!
@papajohn Thank you for your honest and humble analysis of your situation. Glad to be on this journey with people like you.
Kudos to you. I probably would have quit seeing such a drawdown. Thanks for sharing your fighting mentality!
Can you post the link to your pod cast
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