Damit KBIO is now down 51% today, grrrrr in my http://tim.ly/nyposttim article I thought it would take a week :)
In my NY Post article http://tim.ly/nyposttim I said I didn't expect a 50% drop right away on KBIO but its down 40% today whoops, I underestimated it again!
@timothysykes Thank you One of first trades I made 18% of 1000 dollars.
Thanks very much for your reply Samuraitrader, much appreciated! Please forgive my ignorance, however I still seem to be slightly confused. I've gone back through Tim's alerts/watchlist for the 17th, and he alerted to go short? Do you remember what made you go long?
@Chaddo Everyone was short with this one because it was a crap company that was destined to go down but the unexpected happened and it squeezed 100s of %
@Chaddo The stock was being shorting for many days/weeks and also that the stock price was not bad. So I bought it and hope that it will going up some % the next day. The next day I sold it all and after that I never touch the KBIO again.
I remember that stock. I also went long from the beginning of the day the pattern appeared to me to have more of s chance to go long. Unfortunately I was wrong and it plummeted so fast I couldn't get out unless I excepted a large loss. I decided to wait and at the end of the day it started to rise quickly. I got out with a small profit not realizing the spike of 600% was to start 3 minutes later. I had already shut down my computer.
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@kenson90 Thank you, but dont think that loss didnt hurt, cause IT DID !!! Just learned quickly that I can not predict or wish the market to do what I want it to do. Tim G in his trading style hides his profits so he doesn't make decisions based on them and only trades the charts. Im finding that helps me considerably to do the same thing.
@OuroNoble If I can help let me know. I feel I may have been where you are.
It's so encouraging to come up on your page and read your blogs, I added you about a week ago, follow and watch your profits as it encourages me, and it's also nice to see chick traders on this platform.
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@bertha888 just became a fully transparent trader today!
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