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Harsomy
Harsomy May 27, 3:21 AM

Thank you John Papa, i appreciate you taking time to share your journey.. i feel encouraged by it..

fmaxgarcia
fmaxgarcia May 27, 11:04 AM

Thanks for the post man...It gives me a bit of encouragement that I just need to be more disciplined.

Andika
Andika May 27, 11:15 AM

Appreciate this post brother. Thanks for sharing!

mikemitch3
mikemitch3 May 27, 1:52 PM

I was wondering what is your thoughts on paper trading? Or have you done paper trading during your journey to becoming profitable?

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Angel_
1
Angel_ May 15, 9:32 PM

The majority of my total dollar loss so far has come from a handful of trades -- one from being stuck in an offering, like you mentioned, after not cutting losses quickly. I even got a second chance to take a much smaller loss, and decided to hold o/n to avoid a "wasted" day trade. Very costly mistake. Thank you for sharing your story with us!

nedirame
1
nedirame May 18, 7:57 AM

Thanks for all the great information. Would you consider posting a watchlist once in a while as you have before? Just so we can all compare to yours. Of course not always but I would really appreciate even one watchlist

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Angel_
1
Angel_ Apr 16, 3:59 PM

@papajohn Thank you for your honest and humble analysis of your situation. Glad to be on this journey with people like you.

KenKwan
KenKwan Apr 19, 5:39 PM

Kudos to you. I probably would have quit seeing such a drawdown. Thanks for sharing your fighting mentality!

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TimeFliesBuy
TimeFliesBuy Mar 19, 12:03 AM

I look forward to you letting us know how the TV works out, I can't decide what I want to do next but being able to see more charts would be nice!

MichaelStuijts
MichaelStuijts Mar 20, 1:10 PM

Great post. Learned from this John thank you. And nice screen you have there!

OceanRider
2
OceanRider Mar 24, 9:43 AM

Nice post. Keep up the good work. Was watching HTMM DVD and came across PolisB who Tim references in this DVD who at the time thought would be his next millionaire student. It appears this guy went up quickly to 200k then dropped to 100k. Something I will def learn from is that everyone is suseptible to losing no matter where they are. Wishing you a good wk going fwd.

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papajohn
1
papajohn Mar 12, 6:19 PM

@OceanRider If you aren't ready to go that big, use fractional kelly for now. Maybe 3/4 or 1/2 or whatever size feels comfortable to you.

OceanRider
1
OceanRider Mar 12, 6:38 PM

I love that Kelly is about using a system and making things more mechanical. Thank you again for sharing this.

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Clovis
2
Clovis May 23, 9:31 PM

Wow, I love the detailed information here...Thank you and you will make the money back plus plus ;)

papajohn
1
papajohn May 23, 10:49 PM

@Clovis yep for sure. I already have. I’m at new all time highs now.

Clovis
2
Clovis May 24, 8:28 AM

Awesome! I just need to turn my chart around like you did...lol

SKYisDLimit
1
SKYisDLimit May 24, 8:54 AM

trust me when I say be patient, I learn that I was overtrading just to trade, I was making charts to look like I wanted them to look and not allow the truth to be told. I spent about 100hrs just watch the tim video's and just stop trading. I also sold all my stock at a neg or maybe a small gain, but mostly at a neg. Hard to see that money go down the drain. Study and find your style. most of all do not follow or chase the chat rooms picks. 99.9% of the time they ae in the stock that they mentio

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SimontheChamp

@papajohn What do you think of $BYOC and $INNV today (21/2)?

papajohn
papajohn Feb 21, 1:19 PM

$INNV is coming right into a lot of older resistance that would keep me away from that one. $BYOC looks nice. I would want to see a few days of consolidation right around .15 before buying a breakout just because it has had a lot of green days leading up to today. And I just looked at the charts so if I were to play them I would have to look into things like sector, float, sec filings and recent news which I didn’t look at.

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papajohn
papajohn Feb 19, 8:01 PM

@JKelly lol. Yeah I considered CP but I think I will wait until I am shorting more before I try them out. It looks like they have a lot of fees for just about everything and since I mainly go long, IB should offer me everything I need.

Sheffey
Sheffey Feb 20, 11:36 PM

Congrats - very inspiring to see your success!

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