Great job

Entry comments: Used my small account to buy a small portion for probable followup morning spike tomorrow, will explain in watch list tonight, goal is to make 30-50 cents/share
Exit comments: Perfect, if undistinguished, low risk overnight trade, its nearly hit my goals and already traded 20k shares, I made a few hundred bucks for my tiny $12k account, which is now $14,500ish, and I didn't even waste a precious day trade, video lesson on this and other hot stocks coming later today, it's all about making a solid plan, sticking to that plan and reaping the rewards gradually over time!
| Date | Price | |
|---|---|---|
| Entry | 2/2/2016 | 4.20 |
| Exit | 2/3/2016 | 4.40 |
- Total Views1,946
- Position Size1,500
- Percentage4.76%
Sweet
I'm curious as to what percentage of daily candles you buy at closing are more successful...those that close below midpoint or those that close above the midpoint. So far, 5 of the last 5 you've alerted have been below the daily midpoint and you've gotten out pre market or early after open on all. I'd really like to see a video on this.
@russthebear no idea I don't care about midpoint to VWAP or any of that junk, I care about support and resistance, AVXL has tons of support in the low 4s, as did WATT have support in the low 6s, AQXP at 11.40 etc
I'm doing some really bad mistakes lately but I feel these losses are going to help me as I'm seeing where I'm going wrong
Thats sick man!
That's just like my new stratedgy I came up with. Instead of trying to make 10 to 30% I want to aim to make between 3 and 5% profits. You only made a 2.6% gain, 175 profits after fees divided by $6600 your new total gross. You need to teach us students this win by taking small chunks, tried and true approach. Starting with a $2000 acct and gaining 3% to 5% per trade and having 10 trades a month will make you a millionaire in 22 months. Omarlives signing off! Until next time True Believers!
Awesome
Sweet trade
Your trade executed $4.40 before the 9:30am market opened?
@OmArLiVeS no, never aim to make such small amounts, you'll get wrecked over time, trust me, I've been doing this a LOT longer than you have, I take small gains when I have to to protect myself when the stock is fading against me
@ademkow yup, it actually got up to 4.50 but I wasn't awake yet lol
@timothysykes I'll have to trust you on that, but I don't see how taking small gains can get me wrecked. Bless you, bro.