felipesanin81

I had over 400 trades registered here. I had my ups and downs. 2020 I began shorting and did well from day 1, over 7k in 3 months. Very consistent and profitable, until APVO squeezed half of my earnings on November. That was the beginning of my turning point in trading. I began trading less, and switching strategies since mine was not working anymore. I started looking into longing OTCs. Jan and Feb made 700 and 600 respectively, a good way to start the year, but then I shorted EYES and got squeezed, and that created a snowball effect with a couple other big losses. And all of a sudden im down 10k. That's when I decided to delete all my trades and start from scratch. No more breaking the rules. No more big losses. No more FOMO. Begin believing in myself. Take it trade by trade. Small profits add up. Follow my instinct. Set intelligent risks, and most importantly, when in doubt, get out. Hopefully Profit.ly can recover all my previous trades with comments included. That would be very helpful.

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Received 327 Karmas
aaronmizellam
aaronmizellam Jul 12, 22 7:43 PM

Thanks For Sharing Jack! Right Now I'm Doing My Best Sticking With It. Growing my Knowledge Account although my trading Profits are Yet To be Seen which at Times can be hard not to let it be Frustrating. Trusting The Process!

LETSWIN16
LETSWIN16 Nov 29, 22 12:45 AM

great story jack. you had a desire and faith. thats why you did'nt give up. that is a true uncle who supported you and gave you good advice .I am studying hard because one day im going to reach my goal.thanks again for sharing your story.

Garry19
Garry19 May 29, 23 9:30 AM

@Jackaroo Clearly this was about 3-31/2 yrs ago. Looks to me like a little confidence of someone believing in you can make all the difference in the world. Congrats on your success Jack! I truly believe we all have it in us & it just takes hard work & 1 person believing in you & believing in yourself. Your uncle is a great man.

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Bito

@kroyrunner Hey Tim, I did a private IM but I haven't ever received a message back from anyone that way lol so I thought I'd post here just in case. I asked about dollar volume the other day in chat, but I think I'm confused as to how that can be used as an indicator to help choose stocks. Why is it important to have good dollar volume in the stocks we ( or at least the ones you pick for instance you say you like a minimum of 3M) trade? Thank you!

kroyrunner
10
kroyrunner Apr 09, 20 9:42 PM

@Bito $ volume is better than volume, because it helps give a better picture of liquidity dependent on the price of the stock. for example, a stock that is $1 and trades 10 million shares is far more liquid than a stock that is $0.01 and trades 10 million shares. So $ volume helps solve that problem and ensure that everything I scan for will truly have good liquidity regardless of price

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