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 6:36 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 7:26 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 4:23 PM

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

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YawnAlot
YawnAlot Jan 17, 18 2:12 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 2:26 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 6:56 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 6:59 PM

contact his team ask about the Market Prep package.

YawnAlot
YawnAlot Jan 05, 18 8:58 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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YawnAlot
YawnAlot Jan 05, 18 2:55 AM

Also learn to plot ur resistance and support. if ur buying try to buy as close to the supportline as possible. Risk an amount you're willing to lose at the percent to your stop. That way every trade will be calm and you will think clearly.

tappingtapp
tappingtapp Jan 05, 18 3:30 AM

@yawnabit Yeah, Ive been making the mistake of buying onto strength but im will stop doing that and also be very detailed with my risk % and $. Thanks for the suggestions!

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YawnAlot
YawnAlot Jan 05, 18 3:14 AM

Yea just be quicker if u short i guess. Watch for double tops and lower highs etc. Have a set risk tho, and know how much $ ur willing to lose at that stop so that you can be in the trade with clear mind and good risk/plan

JoeyrWilliams
JoeyrWilliams Jan 05, 18 5:16 AM

Yeah I really like shorting on the first red day, risking r/g. But this one has some support in the recent past so it's definitely not my favorite. I probably won't short today being that it's Friday, especially in this market lol

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