
Ouf, tough stuff. I also started a blog to document my journey and to somewhat keep myself accountable. You don't want to blog about losing big all the time right? In any case, if you want you can check mine out to help you get started. hit me up on here or on twitter if you want! @mickdostie

Yang - very well written! Market tuition is a difficult learning outcome to embrace, you did an excellent job. Thank you for the post. As you stated we all do something that causes this type of "classroom time." Good forward plan, again thank you for the post!
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Ok. Just check the site djellala.net The guy is the real deal. He has plenty of free videos on youtube.


Welcome bud, good luck. You're right, your journey will be a LOT different than ours, but remember to keep it small in the beginning cause market tuition is a bitch, and it is humbling. If I were in your shoes, I guess I'd still start small till I'd get consitant and comfortable. A good place to start is twitter, there are a TON of people worth following who are very successful traders that give insights and advice.

Oh and trading buddies is a must, bounce ideas and whatnot. Or just to keep you in check not to overtrade. A lot of us are still newbies but try to help other people, but being in the challenge I guess you're all set.
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Hi @mickd - thank you for contributing your comments! I was looking through the QTR podcasts (19 in total) and I can't seem to find interviews with the names you mentioned? Suggestions?

@Noble1222 Thank you for sharing. That's good stuff to know. Made me contemplate...

@mickd Ah...I see. Interviews are on Chat With Traders. Found them...

@richesndreams hahaha yes, I was only mentioning another podcast that should be on everyones list. But the interviews I have mentioned are on chat with traders. I've listened to almost all of em.
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Congratulations on your success so far. I just want to help by reminding you of an important part.

@TypodTouch I appreciate your input, but I did say it might continue to go on air and I will wait for weakness. My premise was that the financial part of this company is doodoo, this is clearly up on air and is about to reach previous 52 week resistance, therefore could crash and burn. I only wrote this piece after due dilligence and research and wanted to help other traders track a stock that COULD be on the way down soon

@TypodTouch Making a watchlist is all about tracking stocks, researching and forming a thesis. I have no position in this whatsoever right now, so I'm not trying to rationalize a position, this is only my analysis of a steaming pile of shit company so in debt, that in their own 20-F they state: "require us to dedicate a substantial portion of available cash flow to pay principal and interest on our outstanding debt, which will reduce the funds available for working capital, capital expenditures,

@TypodTouch acquisitions and other general corporate purposes." I smell a financing coming, and Tim does research gainers and does his DD and forms a thesis, but will only enter when the setup is there. When he says stop justifying why a stock should crash with a reason, I'm guessing he implies you have a position and try to convince yourself to stay with it. In this case, I'm justifying why it SHOULD be on your watchlist. But thanks again for your input, I will keep it in mind
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the easy answer is a pump and dump!.. The question is how did you get the info? what charts did you run? what times did you review, what news did yu look for? where did you get the info? what is the story on the play? who is what? why was it sold or bought? STUDY IT befor you lose your ass! trust me look at my profit chart and read my trades!!!

Sorry to hear about your recent personal losses. As tough as it may be you need to cut your losses and get out. There's always a chance it might spike back up but there's more of a chance that it doesn't and your loss will grow. Take the hit now and study your ass off. All the best!

Dude, that's too much of a broad question. That's like asking: how many stairs are in a staircase. It would depend on the height. You see where I'm going with this? There is no simple answer, since we don't know the stock etc.. Sounds like you bagholding bud, I'd take the loss however big it may be

But yes, it is a pump and dump. They literally have: 12k in cash, 715k in debts, 62k in revenues and 9.2k in profits. All of this found on yahoo finance in 2 minutes. Haven't even checked the SEC filings and my advice would be: get out
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