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tomfinn92
tomfinn92 Sep 23, 16 4:45 PM

First a comment before my question ... I really appreciate your videos of the Opening Breakout Range, or even buying on a pullback, including the explanation of how you determine the range, how you use the 9 min and 20 min EMA lines, and use the parabolic dots as guides. One of the biggest problems for me is knowing the right time to enter (exit I'm usually ok if the entry is right), and your detailed explanations of additional indicators that can help with entry and exit setup will improve my

tomfinn92
tomfinn92 Sep 23, 16 4:49 PM

Question: I live in Germany and have a day job, so usually not home yet for the market open. Do you have a similar setup to the opening breadout / breakdown range that you use for afternoon setups? For instance, instead of looking at the first green and red 3 min candles after the open to set the range, could you use the 3 min first green and red candles at 1400, 1430, or 1500 and get similar results, albeit usually not quite as volatile? Thanks for your thoughts.

Jerome840
1
Jerome840 Sep 24, 16 3:23 PM

If you are looking at a stock and it is on your watchlist, but it doesn't play out the way you wanted it to. Do you keep it on your watchlist list until your set up comes up or do you take it off?

Arussell125
Arussell125 Sep 24, 16 4:03 PM

Depends on if its a former runner or not

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timothysykes

Lots of people disappointed when there's a failed morning spike...why? You need to learn to adjust your expectations, not every trade will work out and on the ones that don't you get to see how disciplined you are about cutting losses quickly...it's win win, you either get richer or wiser, but EVERY trade helps you in the long run...video lesson coming soon

Received 1 Karma
Khermus
Khermus Sep 14, 16 10:31 AM

So true!! I can only trade in the morning on Wednesdays, all the rest is just buying afternoon dips for a possible gap up the next day. However, I did not find any trades this week. Of course I'm still getting comfortable with your strategy, so maybe I'm wrong. But I just don't see any clear patterns with the right catalyst to invest my hard earned money in. I've learned so much from you in just 6 weeks. You change people's lives for the good!

prometheo33
prometheo33 Sep 14, 16 1:35 PM

people just want to see action

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Received 1 Karma
kmilo327
1
kmilo327 Sep 12, 16 2:19 PM

@thekumar Everybody has emotions issues when trading. I'm also scare of losing money so I miss some trades that spikes without me and then I feel worst. I think successful trading it's 20% knowledge, 80% discipline, emotions control and consitency. That's why so few achieve something. Good luck !

TheKumar
1
TheKumar Sep 12, 16 7:24 PM

@kmilo327 papertrading emotions and real money trading emotions are different is what im basically tryng to say

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YawnAlot
YawnAlot Sep 16, 16 12:06 PM

Yes u can make it back man, im not gonna say it will be easy but hey, if Tim G started off with 1.5k then hey, its just going to take patience and consistency. 10 good trades at %10 percent each is %100. Doing that over and over and ur in the game. Good luck. dont listen to @Legendario he always has negative stuff to say, but soon as u do good he will be all kind trying to get tips

babynoah
1
babynoah Sep 20, 16 7:23 PM

@yawnabit thanks man for the positive comments, i will be back. working from home on my engineering stuff i'll be funneling money in a small account. risk on with a baby was my goof. lucky i have other things to pull from $ wise to come back. i want to be back on the right path. UP

babynoah
babynoah Nov 07, 16 2:39 PM

@prometheo33 my definition of a good path is winning consistency and having backups when you stumble. I did pile on risk too much but lucky didn't break my backup rule of diversification. Crazy to take the hit and still be okay. I could go back in with 100k but may as well go to Vegas with that attitude :/

babynoah
babynoah Nov 07, 16 2:40 PM

a market will always slap you down to reality when you get cocky :(

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