Nice hint!

Thanks !

Thanks Kyle!! Great video!!

Be the observer. Never heard of this. Intelligent.

thanks, Kyle, excellent video as always.

thanks Kyle!!!

Thanks for sharing Kyle!!! Great work and awesome message!! Dont waste energy on the mediocre plays!

thank you

Yea great one Kyle!!! Enjoy seeing these lessons from you man, keep it up...

Thanks Kyle, very smart lesson!!

Appreciate you dog

Insightful

Many thanks for the video, great lessons!

Just watched two of your videos on youtube: August recap and 0 to 100k! Very helpful to me a newbie! Thanks for sharing all your hardwork and documenting it so others can learn from your willingness to share! Means alot! Best of luck going forward and thanks again and here's to the next 100k!

really enjoyed your talk on stage at the summit. SO now i'm going through all your videos! which are great! thank you

@RWoody sweet! Glad you liked it, right on!

@garbagemancjc I use StocksToTrade to scan for pumps but people also talk about them in the chatrooms as well. Theres usually only 1 pump a month so you wont find them very frequiently

Did you just re-up your challange as you are in that downswing?

@robertfire if you are apart of silver then by joining the challenge you would gain access to all majority of the DVDs and access to all new and previously recorded webinars. The DVDs you can buy at your own pace if you didnt want to join the challenge but the best part imo is the webinars, especially the old ones done by Tim Grittani. Is the challenge necessary? No but theres no doubt it sped up my learning curve.

@shoeusn yes I renewed my challenge subsciption just after I had my second profitable month

@kylecw2 Will do. Thank you sir.

Nice

Great Video, important stuff, thanks!

Great Video Kyle!

Thanks for the video.

That sting of losses chart is really interesting... I cant help but critique, its in my blood...a few thoughts - 1. might be better to look at the median. If you were to take 5 trades, 1 is a 300% winner and 4 others are 5% winners the average is 64% gain. Is that more telling or is the median more telling? I ague for median. 2. average gain can be lower than average loss and you can still be profitable - depends on position size. 3. I guess profit factor is one of the most telling traits of 'le

@MichaelPuett I agree the median is useful in that sense. In the part 2 version of this video I talk about finding outliers like a 300% winner in your example. So all a matter of preference, I'd rather use average percent and then take note the outliers if I see any. For #2 if you mean average PERCENT gain being smaller because of position size then yea that is true but in if you mean just dollar gain smaller than dollar loss that doesn't seem possible considering the size of your gain or loss i

is correlated to the position size you take.

another great video! keep making content please!

Solid video lesson Kyle! Tks

I liked your video and honesty, very inspirational.

@millerruth23 I scan for OTC stocks under $10 that are up at least .01% with little too no volume requirement and from there I'll review any tickers that look familiar or ones that stand out to me to hopefully find the next pump. I also stay active in the community on twitter or here on profit.ly that usually keeps me up to date on any pumps.

@kylewc2 yes, makes perfect sense. They give you some time during the "pump" to observe them :)

great video dude. thanks for sharing!

Awesome vid!!! Thank you!!

@kylecw2 Thanks Kyle!!! Is that Interactive Brokers scale-in PDT rule still applicable? Where you can open a position, scale-in with more orders, sell the position and it counts as one day trade? Is there anywhere online I can find information on this? I couldn't find anything on IB's website regarding how they count day trades.

It worked when I did it back in July 2018 when I was still under the PDT. I don't see why IB would change it. You can always call them up and ask to make sure.

@PocketPAT You can find information about PDT rule at IB on this page: https://www.interactivebrokers.co.uk/en/index.php?f=26658&hm=us&ex=us&rgt=1&rsk=0&pm=1&rst=101004100808010801#pattern-day-trading. The scale-in is still applicable

@Ghislain thanks!!!