anatomic
1
anatomic Dec 23, 19 4:06 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 2:38 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 2:42 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 22, 19 12:49 AM

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 10:14 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 1:00 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 7:35 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 8:49 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
2
Dzrock9 Jul 29, 19 6:59 PM

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

olli400
4
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 3:12 AM

I want to learn to make money

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anatomic

@kroyrunner what’s up Tim? Quick q. Ive been studying 3 years and 2 mnths, I’m 24, I have an edge, I’m up 20k in a paper acc. so far this year. I have a plan to save 100k by jan 2021. Should I start with 40k at this years end or wait and save the 100k or is that overkill?

kroyrunner
3
kroyrunner Apr 01, 19 11:58 PM

@anatomic i think 100k is overkill, but keep in mind paper trading and real trading are veryyyy different especially emotionally, so i suggest you start EXTREMELY small when real money is on the line! the worst thing i see people do who have this much saved up is start in huge and blow it all extremely fast, a very hard amount to recover. let your early mistakes be tiny papercuts with micro-size, and only after a couple months AT LEAST of experience do you want to use your results to guide your

anatomic
1
anatomic Apr 02, 19 7:54 AM

Thanks man. I blew up most of a 1k account when I started and then traded full time for 8 months with 10k. I lost like 200 bucks over 8 months lol I honestly should’ve traded a little bigger but I was in the tracking/refining stages then. I may try and save 50 grand and try again with a 10k acc. I just wanna have enough to cover expenses. Do you think 2 years of expenses is a solid place to try to go full time? I just want do this for a living so bad I can’t stand it hahaha

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anatomic

@kroyrunner Your % edge a year and a half ago was 33%, it's now 66%. So you've been trading with about a 140% edge for the past 1 1/2 years! Your winning % has actually gone down to around 65% now so your risk/reward has to have gone from about 1:1 to nearly 3:1! Are you just using a tighter risk now, what'd you change? It's obv. working!

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Alqasem354
1
Alqasem354 Mar 03, 19 1:12 AM

from college grad soon to be bartender to best penny stock trader in the world

Lakhjhajj
Lakhjhajj Mar 11, 19 4:35 PM

Congratulations Tim! Well deserved new milestone

Tin2Trading
Tin2Trading Mar 19, 19 12:24 AM

hi Tim...do you use stop loss?

AnneMarita
AnneMarita Feb 03, 12:32 AM

In couple of short months Tim will cross the big one...$10 M and that's quite an incredible achievement. I have huge respect for someone who continues trading instead of trying to pull money out of the desperate newbies, like so many today. However, after trading nearly 3 years, I must say that Tim's only video "Trading Tickers", is really what taught me how to trade. So, it really doesn't take a lot of teaching, just a lot of practice and spread sheets.

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Pandabear
1
Pandabear Feb 22, 18 12:20 PM

@anatomic @LeviBlank I agree. If you're not sure what a big drop is use VWAP. As soon as it spiked and drop all the candles were under VWAP which means most people are losing money so will sell any chance they get which means there's more selling pressure.

timothysykes
1
timothysykes Feb 22, 18 3:07 PM

The big misstep her eis that it's not new news, see what I posted in chat

LeviBlank
LeviBlank Feb 22, 18 3:09 PM

@timothysykes Yeah :/. I was in the trade when you posted it and I remembered your video lesson on it when you showed the UPS truck video that had the drone in the top of it. Thought I could ride the hype. Big misplay, but I won't make that mistake again! Thanks for taking the time to reply

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