YawnAlot
YawnAlot Feb 26, 22 1:44 AM

Yea man becareful with options. Thats how i gave up my 2 year winning streak, blew it on options. I still managed to flip 700 to 4k in a week but honestly i had too much on the line and it eventually catches up to you and sets you back a lot. Try not to throw risk management out the window

daveotc
daveotc Feb 26, 22 2:23 AM

@YawnAlot Thanks for the advice man, my account is relatively small so I see it as the way to build my account as OTCs have really cooled down. It all comes down to psychology and emotions, I'd rather learn these mistakes now so I don't repeat them later on when I size my account up through profits or just chipping up.

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Dibber
1
Dibber Feb 24, 22 9:11 AM

@rey_11 That is a great question. I'm not quite sure what kind of trader I am, but found consistency with OTC panic dip buys last year when everything was way up. As for me and that strategy now, they are infrequent enough for me to not know how they operate to trade them. But with other things I have been trying, I kind of have a fear of not knowing where to enter some things that do work, but I don't know where to look for the times they don't work, so I see I don't enter them altogether. I re

Dibber
1
Dibber Feb 24, 22 9:14 AM

@rey_11 I really think I would love to short exhaustion plays, but could never really find locates and am naïve about all the fees that would be involved. But I do like the idea of making a separate scanner and refining it to the plays I would like to narrow my focus in to find the nuances. Thank you for all your input and reaching out to me!

Dibber
1
Dibber Feb 24, 22 9:19 AM

@YawnAlot entries are definitely something I need to work on. Finding the zone to buy on a familiar pattern and when it's no longer familiar and in step with my thesis of it's direction to exit. I like the major zone idea too. That would make me more selective for the things I would like to trade and I would at least get some pop and sell before it hits an area it would turn. I actually did that a little with a stock this morning after reading this and seemed to work pretty well. I really just w

Dibber
1
Dibber Feb 24, 22 9:20 AM

@YawnAlot wish I had a larger account to scalp and definitely short after I sold my buy at key areas. I'll look to put this more into practice. Thank you reaching out to me and giving your advice!

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LizLele

Dip on QTT, $NIO thought it would bounce more but cut it instead. Paper Trade account up almost 4k from 30k, but boy oh boy do I have a lot of risk in these trades. But I focus hard on creating a risk level and cutting losses quickly so I don't know

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LizLele
LizLele Sep 15, 18 10:22 PM

Cooool got it thanks!

YawnAlot
YawnAlot Sep 15, 18 10:23 PM

i kinda suck at math too, thank god for calculators xD

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EZTrades
1
EZTrades Jan 20, 18 5:36 PM

Just remember, you must learn how to lose before you can win. Tim G blew up his account SEVERAL times before becoming profitable. Keep at it brotha. Cut down position size, stick to your plan, and most importantly, cut losses quickly and move on. Learn from your mistakes.

AltonDinger
1
AltonDinger Jan 22, 18 6:26 AM

Yes, it hurts to lose. But, I believe that you are building your trading character and wisdom. I have learned from Tim.I only use about 10% of my portfolio to stop the pain.

Mpalex
2
Mpalex Jan 22, 18 3:23 PM

It's not a loss if you learn from it, but tuition.

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YawnAlot
YawnAlot Jan 17, 18 1:12 AM

Dang bro, dont try to fight revenge trade either. Just take it as a bad casino day. Start implementing stops before u get in a trade. Find the percent difference between ur entry and ur stop and choose an amount ur willing to lose if your stop gets hit. Divide the amount ur willing to lose with the percent diff and that will tell you how much $ u can enter the trade with. Try to enter right at support so u can risk very small percent. Dont be afraid to have wider risk with less size. Bet small a

tappingtapp
1
tappingtapp Jan 17, 18 1:26 AM

I don't know how long you've been reading but I would recommend to go in small for the first few months and average up your winning % 50%-70% and then go in bigger. Thats my goal right now as well, stick to 1 patter and master it. also buy at weakness and sell into strength that way you minimize you risk level and let your winners run. I need to practice these thing too.

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andreffael
andreffael Jan 05, 18 5:56 PM

I would say that you should only go for it for the real time stuff, alerts, watchlists and Chat, for the Video Lessons part, Tim usually posts them on youtube anyways. Also try to buy at a sale if you are really want in

Kody
1
Kody Jan 05, 18 5:59 PM

contact his team ask about the Market Prep package.

YawnAlot
YawnAlot Jan 05, 18 7:58 PM

Well if u have the dvds im guessing u should be good, u can always try the pennystocking $1 trial for a week so u can see how it is

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