MH7TraderMar 17, 17 3:52 PM
Yes indeed.. With earnings next week.. Thought it would be a nice pick up to hold over the weekend myself.. You rock Mr. SYKES!! THANKS AGAIN!!
-$5,348 Loss
PULMLong Stock
Entry comments: Today's big winner is holding the low 3s well, already hit the 3.70s this morning, goal is to sell around there later today or next week, afternoon dip buy now that support has held, stock already at 3.25 as I type this so I think others are thinking the same way
Exit comments: Afterhours offering, congrats to shorts, I went for late day squeeze and failed so now cutting losses to protect myself, rule #1, video lesson still coming this weekend, please do watch it!
Newsletters:TimChallengeTimAlertsPennystocking Silver
Broker:Interactive Brokers
Join Now
Position Updates
- Mar 17, 17 3:28 PM: Bought 12000 at 3.19 - Today's big winner is holding the low 3s well, already hit the 3.70s this morning, goal is to sell around there later today or next week, afternoon dip buy now that support has held, stock already at 3.25 as I type this so I think others are thinking the same way
- Mar 17, 17 3:55 PM: Added 3500 at 3.07 - Added more on the dip, will hold over the weekend for morning spike attempt next week, will do video lesson explaining later today
- Mar 17, 17 5:13 PM: Sold 15500 at 2.96 - Afterhours offering, congrats to shorts, I went for late day squeeze and failed so now cutting losses to protect myself, rule #1, video lesson still coming this weekend, please do watch it!
| Date | Price | |
|---|---|---|
| Entry | 3/17/2017 | 3.1629 |
| Exit | 3/17/2017 | 2.92 |
- Total Views4,744
- Position Size15,500
- Percentage-7.68%
Copy and paste the following into your page or blog. If using WordPress, you must paste this in the HTML tab only:
fobaggetMar 17, 17 4:32 PM
Wow, Tim this was the first play that I actually was able to call how you were going to play it b4, you entered. Things are starting to click, thanks for all you do. I'm hoping this thing spikes because it is up on earnings momentum, however, morning dip buying does seem to be the more common play in this market. Good luck for that morning spike!
rywinMar 17, 17 5:35 PM
call me a bag holder. Followed the lead but unable to sell in after hours. See what happens monday I guess. Haven't had much luck with Sykes picks lately.
flippingstocksMar 17, 17 5:46 PM
Broke support of February 23 2017 3.21 and the Daily support of 3.16 people where still buying.
FreddydaFishMar 17, 17 5:49 PM
@rywin Don't follow his picks, put more emphasis on his style and use it for yourself.
rywinMar 17, 17 5:51 PM
@FreddydaFish If his style works then so should his picks. I signed up last week and just cancelled subscription today. Worst week I've ever had.
1
Ace_DxMar 17, 17 6:24 PM
You guys unable to trade after-hours need a better broker. Tim addresses this topic many times in his lessons and there's even a link in his watchlist every day on which brokers are recommended. Robinhood's commission-free trades has a price like being stuck holding the bag overnight.
LumsdenMar 17, 17 7:33 PM
I made a big mistake here. I watched Tim's DVD's and studying as much of his materials as possible (don't have access to video lessons because I wasn't accepted into the TimsTradingChallenge).
LumsdenMar 17, 17 7:35 PM
I had also signed up for Tim Alerts. My mistake (as stated above) was that I became reckless. I got Tim's alert about PULM and took a quick 5 minute look at the chart and a brief look at the news and bought 2,000 shares. After it closed it plummeted after hours before I had the chance to get out (still can't get out). I'm hoping for a nice morning spike on Monday to help relieve some of the pain. But if I get hit hard and take a fat loss, I take full responsibility, and I'll turn this big mistak
LumsdenMar 17, 17 7:36 PM
big mistake into a big lesson* (no more trading at work).
RobFordMar 17, 17 8:29 PM
You are correct ace, but many markets do not allow after hours trading. Also, the ones that do, still have an after-hours closing time :)
Mrae77Mar 17, 17 9:21 PM
ouch
ZaleucusMar 17, 17 9:40 PM
goes to show it can happen to anyone who forgets to NOT trust these stocks - Get in take reasonable profits and get the hell out. Stay flat and wait for the next opportunity. Holding is always dangerous, they cant hurt you if you are out.
2
ZaleucusMar 17, 17 9:49 PM
The best thing we can do is learn from Tim, even though it is a loss, it is still a lesson to pound the principles that he teaches into our heads. We must learn to not let these trades happen to us as we have all made this mistake over and over. Thanks for being transparent Tim..
RolandWolfMar 17, 17 9:55 PM
I also had a decent sized position long from 3.12 average, and had planned on weekend hold. Sold right when offering news hit, and no more than five seconds later saw your order go through (at least I was pretty sure it was yours). All about rule #1. Glad I got out just before you, or would have been several grand worse!!!
Project7Mar 18, 17 12:54 AM
THIS IS WHAT I HAVE LEARNED SO FAR FROM timothysykes, IN OTHER WORDS, I THINK THIS IS WHAT HE TELLS EVERYBODY AND ITS TO GO FFF OUR SELF TILL WE CHANGE OUR MINDSET BY THE WAY (FFF) STANDS FOR "FOCUS ON YOUR FIGHT TOWARDS YOUR FREEDOM"
3
MiracleMar 18, 17 6:17 AM
This trade isn't even that serious, he took a .20 loss, if you can't risk .20 in trading, you shouldn't be trading. Saying that, I've seen Tim do this pattern 100s of times & succeed, just look at his trade history, it works. Former runners that tend to spike after the first green day usually spike again. But he didn't think about how often this company does financings & got caught in one. It happens.
1
MiracleMar 18, 17 6:18 AM
And some of you guys just following alerts really do need to unsubscribe & take your money to Vegas. You have no business trading & need to quit. He says a million times, "Don't follow my alerts!" There's a reason for that. No one has ever made millions daytrading following alerts. Imagine Grittani or Goode sitting on Steve Harvey when he ask sthem how they did it & they say, "Iono I just buy whatever Tim buys, I have no clue what I'm doing." Great strategy. Study or quit.
LiaB9Mar 18, 17 7:23 AM
@Ace_Dx Yes, I know, specially since the biggest gains seem to be premarket. Unfortunately, with the regulations in the country I currently am, I can have only 3 brokers to trade and two of them are out of the question at the moment.... so my bad. I still hope it will spike premarket, it looked a great option when I entered the trade but I would have sold if I could when started crashing....Hard lesson and one for sure I wont forget...
FneMar 19, 17 12:51 AM
@dux No one can predict offering. But you said PULM was toast Friday afternoon ... Nice call .. You might as well predicted it .. Think it will continue to drop .. I'm not touching
FneMar 19, 17 12:57 AM
@dux actually 11:47 :) it's gone .. But you had to adapt since then
FilipKikMar 21, 17 10:02 AM
Bought tons of shares of PULM at 3.25 on Friday after your alert. Was feeling pretty down but had a gut feeling. Just sold at 3.70 this morning after huge spike back up. Thanks Tim!
0SethMcClain89Mar 21, 17 5:59 PM
@rywin Pick your own stocks
EJWinsMar 25, 17 2:17 AM
Thanks for the transparency. Great lessons for the rest of us.
