ofitserov

@timothysykes Hi Tim, I'm new to t nihis site and to trading all together. I've been studying day trading on my own though fora couple of months and now feel that I'm ready to become more serious and get my feet wet, so to say. what is the best first step here for me, would you recommend? Thank you

cmasson
cmasson Feb 12, 17 1:51 PM

I use Tim's penny stocking framework as a guide to set expectations as to how a stock will move or what trend it's in. intra day i look to buy breakouts/ABCD patterns and like shorting gap downs on overextended stocks but I haven't really been doing that too much lately because i feel the long set ups have more upside in this current market.

ofitserov
ofitserov Feb 12, 17 1:59 PM

I have a lot to learn. Thank you

cmasson
cmasson Feb 12, 17 2:01 PM

just start watching the video lessons an dvd's and it will start to make sense at some point

ofitserov
ofitserov Feb 12, 17 2:06 PM

yep been doing that, thank you

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huperauxano
huperauxano Jan 14, 17 10:07 PM

Thanks I will think through this.... Max $ loss / stop loss per share = # shares.

Pandabear
1
Pandabear Jan 14, 17 10:43 PM

@huperauxano Yep always keep $ loss the same no matter how much money you invest per trade :)

Learnthings
1
Learnthings Jan 15, 17 12:06 AM

@Chongette32 that's how i work it out too. I used to say a $200 loss was ok relative to my account size, but in reality it was too large for me mentally.

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cmasson
cmasson Jan 14, 17 10:18 AM

I didn't know shit from Shinola on day #1 hahaha i'm going to start using that

aidan222sharpe
aidan222sharpe Jan 20, 17 1:09 PM

For me, I learned a lot by watching a maybe an hour of video lessons or a dvd, then taking a break and really take everything you watched in. If I study to much I never retain much of the information. Maybe thats just my bad memory tho lol . Whats helped me most was after watching how to make millions DVD I've been watching every single video lesson from each category and writing about a page of notes on each one. I used to just watch all the videos but when I went back and actually started writ

aidan222sharpe
aidan222sharpe Jan 20, 17 1:12 PM

writing notes on each one, everything is making so much sense now. I watched the same videos as before I started writing notes on them and I realized I missed so much of the little tidbits that Tim says. His Video lessons have been the most helpful for me so far

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Yultrader
1
Yultrader Jan 13, 17 6:57 PM

Wait for me, I am coming...

Pandabear
Pandabear Jan 13, 17 7:58 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 14, 17 12:08 AM

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

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cmasson

[TimAlerts] $TBIO i bought the breakout of 1.51 and got out at 1.55 because i didn't like how much it was struggling for a 52wk bo, really glad i did right now

cmasson

[TimAlerts] $CLSN has been on the nasdaq non compliant list since 15/12/2016 for bid price maybe they are trying to get it over 1 dollar again?

cmasson

[TimAlerts] John Welsh (fundamental trader) talking about $BIOC on twitter he's saying they had an offering in October of 10M shares and that their float is actually higher than it seems

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