0.0093308.53
40800000
Total Profits:
$5,018,417.83
timothysykes

Entry comments: I dip bought this big runner yesterday into the morning dip, goal is to make 7-15% on the bounce, cut losses if it dips past 1.90, could be some shorts still who need to cover and get scared like yesterday's giant squeeze

Exit comments: Beautiful red to green move, not gonna get greedy, solid little gain here to start the day, always remember recent spikers/short squeezes, they can easily jump up again with the right price action

5
810

timothysykes

Entry comments: I dip bought this runner that was spiking nicely earlier today, seems to be one or two big orders pushing it down, likely freaking out about the overall market, goal is to make 7-15% on the bounce, speculative trade here, big position size but small $ amount so recognize that

Exit comments: Solid little gain here wipes out my earlier losses in the day...great reminder to keep losses small and be picky, one good trade can wipe out a bunch of little losses, but not big ones!

2
720

timothysykes

Entry comments: Former Supernova just reopened after being halted on this news https://tim.ly/3099Kfe partnering with JCI which is a $33 billion company, goal is to make 1-20% on continued spike, most people don't even see the news yet

Exit comments: No followup spike which is a surprise given the solid news, but I gave it some time combined with big sellers on the ask and iffy overall market heading into midday means I play it safe, again, small losses of a few cents/share are perfectly acceptable and within my risk

2
120

timothysykes

Entry comments: Earnings winner yesterday, trying to go red to green, goal is to make 5-10% in morning spike, could be quick so beware trading near the market open, these stocks move fast, cut losses if it can't go green on the day

Exit comments: Failed to do much, overall market fading, no thanks, potential re-buy if it can breakout more convincingly, but in this market it's good to just play things safely, small losses are fine

3
200

timothysykes

Entry comments: Partial execution on this earnings winner off a big dip likely caused by the overall market, goal is to make 5-10% on the bounce, nothing huge, partial position, cut losses if it goes back to morning lows

Exit comments: Sold into nice bounce, along with overall market bounce, nothing huge at all given my puny position size, but good to dip buy earnings winners in this market, didn't catch the bottom exactly, but there were signs of bottoming and the morning high of 11 told me that this could bounce/spike, so now I'm taking the single and collecting a few hundred bucks in profits

2
510

timothysykes

Entry comments: I'm buying this earnings winner breakout that I've been stalking for several days, goal is to make 5-10%, nothing huge since this isn't a volatile stock, but its held its breakout over multiday resistance in the 5.20s today very well so it could keep going similar to recent earnings winners SGMA and SMSI

Exit comments: No gap up or morning spike due to ugly overall market, small loss on my overnight position, very glad I sold 1/2 my position before the close yesterday, potential dip buy into any big panic now

4
1140

timothysykes

Entry comments: I rebought on a massive dip, normally I would stay away, but looks to have solid buying/support in the .30s so limited downside risk now after such a big drop, goal is to sell in the .40s or .50s, definitely will not hold overnight, but could bounce a bit now, small $ position though given this is a speculative trade and this stock can move fast

Exit comments: Nice little midday bounce, I won't get greedy as my goals have been hit...I didn't catch the exact bottom at .30ish and its up to .47 now, but tough spread between the bid/ask, tough overall market environment and speculative pattern means I play it safe, nice little single here

5
950

timothysykes

Entry comments: Dip bought this classic http://tim.ly/sykesmorning panic on a paid pump, only got partial position since it moves fast, goal is to make 10-20% on the bounce

Exit comments: No bounce and overall market fading badly now with the Dow down 300 so I'm out with small losses after I gave it plenty of time...worth the risk for me though with a small position as sometimes these things can bounce bigtime and it's an easy 10-20%, or even more, but in this case no dice so 3% loss which is acceptable...small losses are fine as long as they are contained and minimized, NEVER just hold and hope, now onto the next

2
720

$97 Profit
DCGDLong Stock
timothysykes

Entry comments: Partial position on another dip buy, goal is to make 10%, fail breakdown past key level of .70

Exit comments: Weak bounce, looks like it wants to dip more so I'll take small profits this time and be safe...small loss overall, but that's fine when a bounce play doesn't go as expected

2
500

timothysykes

Entry comments: Partial buy execution into this panic, classic http://tim.ly/sykesmorning pattern here, goal is to make 5-10% on the bounce

Exit comments: No bounce so rule #1 cut losses quickly, potential re-buy into bigger panic

1
400

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*Results may not be typical and may vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here.