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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 1:44 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 12:18 AM

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

Jonk87
Jonk87 Mar 05, 17 11:18 AM

@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 25, 17 11:01 PM

@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 25, 17 11:02 PM

@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 25, 17 11:03 PM

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

RGG
RGG Mar 01, 17 3:53 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 12:49 PM

Good observations, checking myself

Yultrader
Yultrader Feb 20, 17 10:47 PM

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

Ashtrades27
Ashtrades27 Feb 21, 17 12:50 AM

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

Yultrader
Yultrader Feb 23, 17 11:00 PM

Look like pattern is broken...

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Jonk87
Jonk87 Feb 16, 17 11:50 PM

I'm hoping to make it 6 out of 7 Im in CNAB a sympathy play in the cannabis market on a multi month breakout - found it last night after a night out and was like: ' I'm drunk but I MUST be in this for the swing! haha

Jonk87
Jonk87 Feb 16, 17 11:50 PM

I'm in at 1.90 I watched it break 2 into the close :-)

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Fne
Fne Feb 04, 17 10:45 AM

Limit to 45 minute sessions ... Anything more is just not maximizing strength gains ..the 3 hr sessions lead to catabolic states fast ... Beat mode we will not fail :)

Jonk87
Jonk87 Feb 04, 17 1:19 PM

ha awesome - thanks for the tip and good to see you back @Flockstock

Yultrader
Yultrader Feb 04, 17 2:58 PM

Fail is not an option.

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Sizzleterry
1
Sizzleterry Jan 16, 17 11:51 AM

I really love your post and I do thank you for sharing!

aahindigo
aahindigo Jun 14, 20 5:37 PM

Hi there, thanks for this advice its very clear and succinct. I'm a newbee at this and haven't traded yet but trying to earn whilst my a/c is being set up by IB.

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Jonk87
Jonk87 Jan 14, 17 9:53 PM

@Lizzy8636 hahahaha Trading can be an expensive learning process but i enjoy it more than anything

LizLele
LizLele Jan 14, 17 10:14 PM

It is VERY fun! Cant wait til we're better at it.

Wallstreet25
Wallstreet25 Jan 17, 17 11:19 PM

"I literally bought the damn top" hahah be sure to study Arick's videos! When you bought ETRM the RSI was hot and it was very far from EMA and VWAP support which led to the crash!

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Yultrader
1
Yultrader Jan 13, 17 5:57 PM

Wait for me, I am coming...

Pandabear
Pandabear Jan 13, 17 6:58 PM

@cmasson I agree yesterday was the better bounce play in the morning as it was uptrending gradually pre-mkt and you could've bought the dip at the open. Today it lost momentum so couldn't spike as much and is a perfect example of the bouncing ball example that Tim always uses.

krs1
krs1 Jan 13, 17 11:08 PM

Hi Stephen... my reviews of these trades were dm'd to you on your twitter account.

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