
Ok I learned a few valuable lessons today. Wednesday I had gotten Tim's stock picks. I'm not sure if NYMT was on it but I saw someone that was supernova. Being new I cut my earnings at 2% when I saw momentum waining. Right now I would have made $1,000 for the day. Lessons from that is that I am capable of seeing the pattern and recognizing it. I notice no one else on the boards was watching it which surprised me. I can do this. Next lesson. Like Tim says, don't follow his alerts and picks for trades, use them as tools to learn. I saw a trade post for BIOL towards the end of the day. Thinking Tim saw something I wanted to make a quick buck. After purchase of BIOL at .78c I realized the trade was done an hour prior. The market closed and then post and premarket was all .14c down. Today is passover and on the first day we rest. Rest means no work, no work means no trades. How ever I know I won't be able to rest and I would be checking the stocks constantly if I didn't cut my losses. So I said I will take my loss, learn from it. By the time my order went through I was up $20. Thank you God. TLDR: I know now that I can spot a supernova, don't follow Tim's alerts rather use them as learning tools, cut losses quick.
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