reedgolf19

Decided not to trade last Friday because of the string of losses and have decided to take all of next week off and come back strong November 1st. Trading is a lot more than just having a good strategy. The last couple weeks have been user error’s with me specifically. Although I don’t use a lot of Tim’s strategies- the mentality he has is important to listen to. PROTECT your gains. Don’t trade setups that are not As or at least Bs (since I scalp more). Do NOT get greedy. I got used to the 10k days and wanted more and more and more to the point it got uncomfortable and I was risking more / taking on setups I shouldn’t. I got careless this past week with a SPAC play and a sister stock- didn’t look at all of the news and was quick to get in. DO NOT get complacent. Always remember where you came from- when 1k a day was awesome and 3k a day etc and remember the things trading allows you to do. You can make money (a lot of money!) from your home and in just a few hours a day. It’s truly an amazing thing. I am coming back in November with a green light, yellow light, red light mindset. Everyday starts with a green light- go make your minimum profit goals safely, then yellow light goes on where there’s no need to trade the rest of the day unless the setup is an A. Then red light is after 5:00 pm no trading ever and red light when I’m busy with other things and not 100% engaged with trading. I think this is going to help me grow consistently again and safely moving forward!

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holtzy
holtzy Oct 28, 12:00 AM

Attaboy. Thanks for the post. I am inspired by your transparency. Love it.

BBaccSoon
BBaccSoon Oct 29, 10:13 AM

Been really digging your trade review podcasts with reverselong, you're gonna bounce back from this.

ATXTrader
ATXTrader Nov 17, 12:53 AM

good for you to take a step back. Some of my biggest losses were when I was trading while preoccupied by household problems that required my attention.

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holtzy

I really enjoyed your live trade video. I am 4 months into the challenge and have a small account, but I was drawn to the short patterns as the most reliable for some reason. I gained a lot of insight from your video. Thanks for sharing and for the transparency.

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Received 12 Karmas
holtzy
holtzy Apr 06, 12:50 AM

Hey Kyle, beautiful video with such awesome transparency. I have a question about the March 16 loss that you took. You mentioned you didn't trade again that day to avoid revenge trading. When that happens, are you still watching the market closely, or are you checking out completely? Thanks again!

BUFFALOish
BUFFALOish Apr 06, 10:13 PM

super helpful video to see someone as skilled as yourself being challenged by the changing market - really appreciate your humble attitude and willingness to share your bad trades - I learned a ton from this video!

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Received 14 Karmas
StarSedz
1
StarSedz Apr 29, 11:49 PM

Thanks for the video, that was pretty cool and I've never seen questrade's platform before. This was especially nice because I'm working on morning panic bounce plays except you trade much larger size. Thanks again

KenMcA
KenMcA Jun 19, 10:57 PM

thats a sweet looking platform actually, do you pay extra for the level 2? Also does Questtrade have recording, or did you record that in another program? Thanks for the video Sean, I got right into it, I was panicking to sell right along with you 🤣

SeanLacap
SeanLacap Jun 20, 12:05 AM

@KenMcA Yes, you have to pay extra for level 2. There is a built-in program in my laptop which allows screen recording.

Trozay
Trozay Oct 16, 9:49 AM

@SeanLacap Solid video lesson and very good commentary. Thanks for posting

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Received 13 Karmas
holtzy
holtzy Mar 01, 12:32 AM

Thank you so much for taking the time out to do this video. It was very helpful to a noob like me. Very grateful to be allowed into your thought process during this insane time of the market. Thanks again!

clsams05
clsams05 Mar 01, 10:10 PM

appreciate it as always kyle, thank you!

clsams05
clsams05 Mar 02, 10:59 PM

thanks for the feb recap!!

Windwalzer
Windwalzer Mar 10, 8:26 PM

Thank you for another monthly recap. It's great to see how you have progressed over this year that I've been in the challenge.

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holtzy

@holtz just became a fully transparent trader today!

hgr67
hgr67 Dec 13, 20 6:36 PM

Hi Holtz, I´m also brand new to the challenge also a week in now, interesting journey we are on.

holtzy
holtzy Dec 13, 20 9:59 PM

Yes sir, I was blown away by how much I’ve learned in one week. Very excited and anticipating a great year.

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timothysykes

$720 profit CREX Long Stock

Entry comments: Rebought on actual press release https://tim.ly/2VNrnlc goal is to make 10-20%, could be fast

Exit comments: Wall of sellers at 2.40ish so I won't get greedy, another single for the day

Received 11 Karmas
Windwalzer
Windwalzer May 01, 20 12:12 AM

I get why you reentered. Thank you.

holtzy
holtzy Jan 27, 12:18 AM

@timothysykes studying your past trades to learn more about panic dip buy patterns.

Grambo
Grambo Feb 15, 9:11 PM

looking at this intraday chart and seeing the chart find support on first HOD in the morning is good to see. back to the books for now.

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