Entry comments: I dip bought this earnings winner on a big dip off its recent highs, support at $10ish, goal is to make 30-50 cents/share on the bounce, nothing huge here, but solid chart pattern on a proven earnings winner
Exit comments: Taking decent little profits here as my wifi still isn't great and it's midday so my personal situation got in the way of this trade a bit, but still good to learn how to dip buy earnings winners when they hold multi-day support, I'll try to do a video lesson on this later today, SCON was the big winner my chatroom nailed this morning, congrats on being self-sufficient students like Lee http://tim.ly/2ge6qMa and Ralph http://tim.ly/2fZC6lg I LOVE IT!
| Date | Price | |
|---|---|---|
| Entry | 11/22/2016 | 10.10 |
| Exit | 11/22/2016 | 10.33 |
I am new in trading, I am in the learning process, trying to understand, why go long when the trend shows that is going short? CARA. how can I learn in how to identify the trend, and identify the stocks that I will trading, any recomedations
@OakAM I don't short earnings winners, I dip buy them, please watch my http://howtomakemillions.com guide ASAP
@Tim Sykes I'm about to be a student of yours, approved by Chris Fugate about a week ago and I'm going to become your best story and soon to be another of your million $ students. I made the decision to borrow $48,000 from my 0.96% yielding 401k and am going to leave my 11 year management job to be a full time trader. You have been my inspiration for years but Ive finally decided I would rather chase my dream and never catch it than dream of chasing it and never chase it
