Received 331 Karmas
Garry19
Garry19 May 29, 23 9:30 AM

@Jackaroo Clearly this was about 3-31/2 yrs ago. Looks to me like a little confidence of someone believing in you can make all the difference in the world. Congrats on your success Jack! I truly believe we all have it in us & it just takes hard work & 1 person believing in you & believing in yourself. Your uncle is a great man.

Pathfinder_Trader
Pathfinder_Trader Jun 30, 24 7:31 PM

@Jackaroo, I am a few years too late on reading the "blog post: Stick With It". However, it was very inspiring. What was inspiring was not the story in and of itself, but the idea that you choose to "believe" that sticking with something will reap a reward for you in the end. Having a belief is one thing, but making that dream come into fruition is another, which is extremely hard to do when you have not made it to the finish line to win the prize, and to be fair, Uncle Larry knew that for a dre

Join now or log in to leave a comment
MitchellMadden

@kroyrunner Hi Tim , apologies for the noob question i am currently creating spreadsheets to track data , i have watched trading tickers and used tradetheticker.blog spread sheet example and found both very helpful. I have split the tickers into separate categories including : market,volume , market cap , float then split them into good , medium and bad day ones. This has however left me with over 100 spread sheets and will take over 2 years to fill each one with 100 tickers. Would you say this is to extensive or worth the time ? Thankyou for the great lessons in the chat !

Received 7 Karmas
kroyrunner
7
kroyrunner Apr 23, 20 10:50 PM

@mitch20 I think you're splitting your categories far too severely if it leaves you with that many sheets. What I do is I track all these things on ONE sheet per setup, and then I can sort/filter by column to see if any of the variables I'm tracking actually make the play more/less likely to succeed

black_M87
1
black_M87 Apr 30, 20 10:00 PM

Hi Tim, your DVDs are great; thank you for explaining your ideas and thought processes in detail, I've found it really helpful in developing my own ideas and strategies. Do you still use Equityfeed (now called Scanz)? What do you use to record your trades? Will there be a sequel to Trading Tickers? Thanks.

Join now or log in to leave a comment
Received 5 Karmas
sailormanjac
1
sailormanjac Dec 18, 19 9:14 PM

They look like a classic stairstepper pump and dump and yes their financial are horrifying. Thanks for verifying. Aloha and good trading.

redcandles
redcandles Dec 22, 19 12:00 AM

If you feel you have an edge playing this low volume stuff, fine. But these setups are not scalable with real $. You would be very lucky to squeak out a $1000 win ever playing this stuff. You also leave yourself wide open to getting blown out in a black swan move. TMRC was fine, but the rest look pretty rough

PennyStock_Meg
PennyStock_Meg Dec 22, 19 6:35 PM

@anatomic I hear you. I've been trading coming up 3 years now. I've played penny stocks, large caps and mid cap stocks. I've leaned more toward OTC this past year, just b/c the profit potential is so much more. I generally trade between $300-$600/trade. The reason why is b/c if you are wrong, you can lose up to 50% of what you put in even with good risk management. But if you are right on the trade, your win can be between 50-400%. It's crazy

sailormanjac
1
sailormanjac Dec 22, 19 7:49 PM

judging from your profit chart I would be led to believe that you definitely have some things figured out. Aloha

Join now or log in to leave a comment
SlavicV

The secret is in shorting. Just evaluate dux's past trades and you'll see it for yourself. Other than that it's simple resistance and momentum trading. The hardest part is finding a broker that has shares to short on the daily running stock that's up 100%. @dux where do you find most of your shares to short? I'm using Interactive Brokers and they never have shorts available on the daily running penny stock.

Received 7 Karmas
Dzrock9
4
Dzrock9 Jul 29, 19 6:59 PM

Its not all about shorting. Its just what dux is most comfortable with

Bobbemornee
Bobbemornee Nov 23, 19 2:12 AM

I want to learn to make money

redcandles
redcandles Feb 24, 21 12:19 AM

@SlavicV Every trader is different. Dux has literally made 30K net going long and 9.67M short

Join now or log in to leave a comment
redcandles

@kroyrunner what’s up Tim? Quick q. Ive been studying 3 years and 2 mnths, I’m 24, I have an edge, I’m up 20k in a paper acc. so far this year. I have a plan to save 100k by jan 2021. Should I start with 40k at this years end or wait and save the 100k or is that overkill?

kroyrunner
3
kroyrunner Apr 01, 19 11:58 PM

@anatomic i think 100k is overkill, but keep in mind paper trading and real trading are veryyyy different especially emotionally, so i suggest you start EXTREMELY small when real money is on the line! the worst thing i see people do who have this much saved up is start in huge and blow it all extremely fast, a very hard amount to recover. let your early mistakes be tiny papercuts with micro-size, and only after a couple months AT LEAST of experience do you want to use your results to guide your

redcandles
1
redcandles Apr 02, 19 7:54 AM

Thanks man. I blew up most of a 1k account when I started and then traded full time for 8 months with 10k. I lost like 200 bucks over 8 months lol I honestly should’ve traded a little bigger but I was in the tracking/refining stages then. I may try and save 50 grand and try again with a 10k acc. I just wanna have enough to cover expenses. Do you think 2 years of expenses is a solid place to try to go full time? I just want do this for a living so bad I can’t stand it hahaha

Join now or log in to leave a comment
redcandles

@kroyrunner Your % edge a year and a half ago was 33%, it's now 66%. So you've been trading with about a 140% edge for the past 1 1/2 years! Your winning % has actually gone down to around 65% now so your risk/reward has to have gone from about 1:1 to nearly 3:1! Are you just using a tighter risk now, what'd you change? It's obv. working!

Received 2 Karmas
Alqasem354
1
Alqasem354 Mar 03, 19 12:12 AM

from college grad soon to be bartender to best penny stock trader in the world

Lakhjhajj
Lakhjhajj Mar 11, 19 4:35 PM

Congratulations Tim! Well deserved new milestone

Tin2Trading
Tin2Trading Mar 19, 19 12:24 AM

hi Tim...do you use stop loss?

AnneMarita
1
AnneMarita Feb 02, 20 11:32 PM

In couple of short months Tim will cross the big one...$10 M and that's quite an incredible achievement. I have huge respect for someone who continues trading instead of trying to pull money out of the desperate newbies, like so many today. However, after trading nearly 3 years, I must say that Tim's only video "Trading Tickers", is really what taught me how to trade. So, it really doesn't take a lot of teaching, just a lot of practice and spread sheets.

Join now or log in to leave a comment
Received 1 Karma
Pandabear
1
Pandabear Feb 22, 18 11:20 AM

@anatomic @LeviBlank I agree. If you're not sure what a big drop is use VWAP. As soon as it spiked and drop all the candles were under VWAP which means most people are losing money so will sell any chance they get which means there's more selling pressure.

timothysykes
1
timothysykes Feb 22, 18 2:07 PM

The big misstep her eis that it's not new news, see what I posted in chat

LeviBlank
LeviBlank Feb 22, 18 2:09 PM

@timothysykes Yeah :/. I was in the trade when you posted it and I remembered your video lesson on it when you showed the UPS truck video that had the drone in the top of it. Thought I could ride the hype. Big misplay, but I won't make that mistake again! Thanks for taking the time to reply

Join now or log in to leave a comment
Page
of 12