moneytrader99

Imaginary trade.. GBLX had alot of movement Thurs & was biggest % gainer. I figured GBLX was going to gap up Friday morning.... and I was right. It closed at $1.50 and opened at 1.57. Not much but at least im pnutting the pieces together.

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moneytrader99

@moneytrader99 just became a fully transparent trader today!

moneytrader99
moneytrader99 May 29, 14 12:30 PM

I'm so upset... In my imaginary trades from yesterday night after hours I couldve made $1000 shorting SPEX at 3.30 and covering at 2.50. (It closed yesterday at 3.50).

moneytrader99
moneytrader99 May 29, 14 12:33 PM

The other imaginary trade I made was DARA but since i've only watched pennystocking part 1 dvd and watched him on youtube.. I'm not really that sure whether it was gonna go long or short. If I had shorted it at close yesterday 2.25ish and btc at 1.75.. I wouldve made $400. smdh!! I need to start this suretrader acct asap. I'm so tired of working 2 jobs.

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doublehummper

So I have been trading for about two years now and I've learned a lot on this short journey and profit.ly is a great tool for anyone to find out their strengths and weaknesses. I have learned that I am not good at trading the OTC market on the long or short side, sure I've had some great wins but also some losses, which is part of the game, however, its been sideways trading OTCs. There is a lot that I have learned that I'm not good at but I did want to trial all angles at the market to see what I might be best at. I have come to the realization that shorter term swing trading (NYSE,NASDAQ) is my biggest strength. The profits and average gain from my short term swing trading is definitely way higher than what my 'overall' profits/avg gain shown on profit.ly. Stick to what works for you and stay inside your comfort zone.

Received 4 Karmas
doublehummper
doublehummper Jun 25, 14 5:05 PM

thanks for reading! If I can answer any questions for you let me know, good luck trading!!

emsmith
emsmith Jul 22, 14 2:23 AM

Have you been in the Challenge for two years. Do you use Tim's rules for swing trades?

doublehummper
doublehummper Aug 03, 14 7:13 PM

yes ive been in challenge for a little over two years now and Tim doesnt really swing trade, sometimes he will hold o/n but sells in the early morning, he does have a longterm subscriber list though that I was in for a year as wellhttp://profit.ly/guru/timlongterm?aff=1372

Coanocca
Coanocca Aug 20, 14 2:29 AM

$33K profit in two years? Sounds like you doing very well for yourself! How much capital did you start trading with 2 years ago if you don't mind me asking?

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