I am new here, Tim and fellow members. So is it suggested to make an entry to REFR stocks now?

Entry comments: Added to my longterm position with this short-term position, this is my top pick for January 2014, gonna try to make 20-30% just like my top pick in 2013 ONVO buying in the 2s before it spiked big...we'll see, lots of upcoming catalysts, nice multi-month breakout in the low 5s, $2/share off its highs, solid risk/rewrd, good price action today
Exit comments: HUGE $14,000 profit to start the year as I flew to Miami to meet some very lucky students who will shadow me the next few days and trade live with me on Monday...flying all day helped me be patient with REFR and I have been reewarded
Position Updates
- Dec 31, 13 2:56 PM: Bought 19650 at 5.73 - Added to my longterm position with this short-term position, this is my top pick for January 2014, gonna try to make 20-30% just like my top pick in 2013 ONVO buying in the 2s before it spiked big...we'll see, lots of upcoming catalysts, nice multi-month breakout in the low 5s, $2/share off its highs, solid risk/rewrd, good price action today
- Jan 02, 14 8:34 AM: Sold 8500 at 5.96 - Sold some REFR into the morning spike, similar to its last gap up, it has big sellers at 6 so that's the true breakout level, just taking some small profits to play it safe on this choppy stock
- Jan 02, 14 2:35 PM: Sold 11150 at 6.45 - HUGE $14,000 profit to start the year as I flew to Miami to meet some very lucky students who will shadow me the next few days and trade live with me on Monday...flying all day helped me be patient with REFR and I have been reewarded
| Date | Price | |
|---|---|---|
| Entry | 12/30/2013 | 5.73 |
| Exit | 1/1/2014 | 6.298 |
- Total Views4,718
- Position Size19,650
- Percentage9.91%
Thanks in advance. One quick question - OK to do this thru Options?
So, that's about a sixth of your account, if your account is 600k? Why a bigger position this time? I wish I had entered with more than 10% of my account. about 40$ profit, 20$ in commisions for Ameritrade :P
Hi Tim and everyone I am new and never traded but I watched Tim's videos & did my due diligence on him & signed up. I am excited to learn and know where to start & I want to take advantage of the 25% off DVD - so which one would you recommend for a total novice keen to learn & start?
Wow did any if you guys watch his dvd's lol
@jagsec watch this one 5 times, then watch it 5 more > http://bit.ly/19NxMuU
Watching them several times is good advice, when you begin you most likely won't grasp everything he mentions and will want to return back to those lessons as you begin to fully grasp the entire market. Tim is probably the best teacher I have ever had personally. I am only a small account holder(500) and very new but within a yr I bet I will have enough from compounding to really make a difference in the following years. Make real reasonable goals based on your account and listen and learn from
tim and you will have success!