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Yultrader
1
Yultrader Apr 08, 17 7:22 AM

Don't trade yet and get educated. Start with Michael Goode webinars, they are hidden gems. Then watch Sykes and Grittani DVD's at least once. Follow the market. Do this for 3-4 months, then rewatch the DVD's. Don't get distracted by the chat room and trying to trade. You are not ready yet. Get a decent broker and get use to the trading platform by paper trading. Try to get 50% winners before putting real money in. Most of the time, timing the trade it is all the secret. After a year of the Chall

Yultrader
Yultrader Apr 08, 17 7:23 AM

Challenge, this is my best advice.

Sergious
Sergious Apr 09, 17 5:22 AM

By the way, most brokers will remove the ban on your account the first time you get banned for the PDT rule. Just call them and politely explain you didn't realize the rules and they will usually take it off of your account. Just don't do it twice! Good luck.

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tbohen
tbohen Mar 29, 17 5:21 AM

In summary: 1.either don't trade it 2.risk more. Either is a good option. But tight stop on a batshit stock with 2M float is gonna be tough unless you time it perfectly.

Yultrader
Yultrader Mar 31, 17 5:26 PM

@Jonk87 @tbohen That's about the conclusion I recently find out. To tight stops lead us to consistently lose.

Yultrader
Yultrader Mar 31, 17 5:30 PM

We can often see an extra dip under support late afternoon before the last ramp up. I have been caught a lot there selling for a loss.

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richfan
richfan Mar 04, 17 2:44 PM

Your seeds of perseverance will grow and reap your fruits of success! Enjoy watching your journey. It shows that trading is not easy but your diligence and your efforts will be rewarded!

Yultrader
Yultrader Mar 05, 17 1:18 AM

Good to see improvements. Trading on a schedule is surely making things more complicated.

Jonk87
Jonk87 Mar 05, 17 12:18 PM

@Yultrader Ya still not there tho but getting closer :-) I'm also a bit all over the place only trade close but trying to alter jobs to have more full-days at market :-)

maherc12
maherc12 Mar 30, 17 8:27 PM

I am reading Techniques of Tape Reading by Vadym Graifer. Finding it helpful on making the transition from a new trader trading randomly to a trader that trades with the price action of the market.

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Jonk87
Jonk87 Feb 26, 17 12:01 AM

@Yultrader haha one day fella last week was a bit of a bad run I'm looking forward to staying disciplined from now. Cheers for the support.

Jonk87
Jonk87 Feb 26, 17 12:02 AM

@dux woah Steve - wonderful to see your watching - thanks man really appreciate that! There's a few successful Tim's out there with Tim S and Tim G let's get someone successful Steve's out there too!

Jonk87
Jonk87 Feb 26, 17 12:03 AM

@Flockstock haha I need to make a list I stopped doing it but I should have continued! cheers for the support fella.

BobbyGipe
BobbyGipe Mar 01, 17 4:53 PM

Good job with your improvements, buddy. Look forward to the day you eventually break even and go green.

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combatbob
combatbob Feb 20, 17 1:49 PM

Good observations, checking myself

Yultrader
Yultrader Feb 20, 17 11:47 PM

Watch GRPN similarities on the yearly chart back in July 2016. That can run couple days.

Ashtrades27
Ashtrades27 Feb 21, 17 1:50 AM

@Yultrader wow its actually very similar, I didn't even notice that, thanks for that!

Yultrader
Yultrader Feb 24, 17 12:00 AM

Look like pattern is broken...

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