MitchellMadden

@kroyrunner Hi Tim , apologies for the noob question i am currently creating spreadsheets to track data , i have watched trading tickers and used tradetheticker.blog spread sheet example and found both very helpful. I have split the tickers into separate categories including : market,volume , market cap , float then split them into good , medium and bad day ones. This has however left me with over 100 spread sheets and will take over 2 years to fill each one with 100 tickers. Would you say this is to extensive or worth the time ? Thankyou for the great lessons in the chat !

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black_M87
black_M87 Apr 30, 10:00 PM

Hi Tim, your DVDs are great; thank you for explaining your ideas and thought processes in detail, I've found it really helpful in developing my own ideas and strategies. Do you still use Equityfeed (now called Scanz)? What do you use to record your trades? Will there be a sequel to Trading Tickers? Thanks.

anatomic
anatomic Jul 24, 1:43 AM

@kroyrunner @MitchellMadden I would like to add that slippage will always average out in the end. Just get out at your risk, that's what's important. No need to size down, the strength of your edge won't be helped by taking less size because you're going to get the same amount of slippage either way.

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anatomic
1
anatomic Dec 23, 19 3:06 PM

working on that. Here's a picture oftrade on DTIL today. I only got half size, but I risked $140 and made $646, so about 4.6R

CrowofShortClan
CrowofShortClan Dec 24, 19 1:38 AM

Greetings Hunter, always good to see a fellow dedicated short seller. If you want to enter in depth conservation about short setups, chart patterns, trader psychology etc. we should use discord or something of the sort. I feel you on that not having anyone to discuss/exchange thoughts with on short selling or trading at all really for me.

CrowofShortClan
CrowofShortClan Dec 24, 19 1:42 AM

Also, I have plenty of stock analysis that you could analyze if your interested. If you detail your trades, I would appreciate if you would be willing to share your trading logs.

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anatomic
anatomic Dec 21, 19 11:49 PM

Usually summer is pretty slow. Sometimes December is because of the January effect. People/fund sell stocks that they've lost money on in December so they can write them off on their taxes. Then they buy them back in January which causes a lot of long and short plays.

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sailormanjac
1
sailormanjac Dec 18, 19 9:14 PM

They look like a classic stairstepper pump and dump and yes their financial are horrifying. Thanks for verifying. Aloha and good trading.

anatomic
anatomic Dec 22, 19 12:00 AM

If you feel you have an edge playing this low volume stuff, fine. But these setups are not scalable with real $. You would be very lucky to squeak out a $1000 win ever playing this stuff. You also leave yourself wide open to getting blown out in a black swan move. TMRC was fine, but the rest look pretty rough

PennyStock_Meg
PennyStock_Meg Dec 22, 19 6:35 PM

@anatomic I hear you. I've been trading coming up 3 years now. I've played penny stocks, large caps and mid cap stocks. I've leaned more toward OTC this past year, just b/c the profit potential is so much more. I generally trade between $300-$600/trade. The reason why is b/c if you are wrong, you can lose up to 50% of what you put in even with good risk management. But if you are right on the trade, your win can be between 50-400%. It's crazy

sailormanjac
1
sailormanjac Dec 22, 19 7:49 PM

judging from your profit chart I would be led to believe that you definitely have some things figured out. Aloha

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SlavicV

The secret is in shorting. Just evaluate dux's past trades and you'll see it for yourself. Other than that it's simple resistance and momentum trading. The hardest part is finding a broker that has shares to short on the daily running stock that's up 100%. @dux where do you find most of your shares to short? I'm using Interactive Brokers and they never have shorts available on the daily running penny stock.

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Dzrock9
3
Dzrock9 Jul 29, 19 6:59 PM

Its not all about shorting. Its just what dux is most comfortable with

olli400
5
olli400 Aug 18, 19 12:04 PM

There is no secret - the longer you think there is a secret the longer you'll implode your account

Bobbemornee
Bobbemornee Nov 23, 19 2:12 AM

I want to learn to make money

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