Yep

[TimAlerts] yea me too I was looking at yesterday's earnings winner RYAM to buy on a big dip and just let it sit for a few days because this jumping in and out thing on these stocks is too much for me

carolm

[TimAlerts] Not sure about all the commodities, but I do know Oil and Gas, you just have to know them well before you think about buying. NG UGAZ is the one to watch OIL $GASL is the one to watch ....I dont do any other commodities

Yep

[TimAlerts] I just watched Tim's new video lesson and in it he said that he didn't trade $CLD even though it's an earnings winner because he doesn't like to trade commodities. Does anybody know what's the problem with commodities?

Yep

[TimAlerts] Just watched Tim's new video lesson. He says that $UQM did a financing. How did he know that they had a financing?

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Yep
Yep Oct 10, 15 11:27 AM

Good stuff I needed that

nelsdawgy
nelsdawgy Oct 10, 15 2:00 PM

Niceee. Grats on being profitable after 7 months! I'm still working on it.. haha

digitalbrass
digitalbrass Oct 11, 15 9:13 AM

Honestly doesnt sound very healthy. You keep changing your position sizes. placing a 1% stop isnt way to tight. there is no room for a bounce. You need to stick with steady posistion sizes. Idk this just seems off to me. youd be suprised how fast 200$ losses add up. A good risk reward would be sticking with a 1500-2000 share size and cut losses around 80-100$ and cash out after 200-500. youre risking alow with the way youre describing your traded strategy here.

grnbrt5150
grnbrt5150 Jan 01, 16 11:47 PM

Just a follow up to my beginner optimization blog post. This really doesn't work for me. I think the problem is that it is too mechanical. I don't trade mechanically like that. I start in on a trade, typically starting small and add size along the way depending on price action and fundamental news updates. I think the exercise was healthy though but for now, I think my current stategy of limiting risk to 10-30% of my capital acct max per play (typically smaller) and very slow sizing in on the mo

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WOLFTRADER
WOLFTRADER Oct 30, 15 5:03 PM

Great thanks i will look at that what about the trade journal webinar link as well as the link to the journal please thanks again

sunseeker
2
sunseeker Oct 30, 15 5:03 PM

Great video Nelson. My biggest weakness too has been emotionally reactive trading. Just wanted to share this with you and anyone else if you really find emotional based trading rather than probability based trading your biggest weakness AND you are wanting to learn from the "Tim Sykes" of trading psychology I can suggest you look up Rande Howell. He runs a "trading challenge" style program for controlling your emotions and stress when trading.

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