Big congrats to this hot trader for his buy alert on CNET at $1.32 before it doubled to $2.70...NOBODY in the BABA IPO will come close to making 100% on their money like we lowly penny stock traders can...I made my usual mistimed but solid $2,000+ today, see how:
Posted Sep 19, 14 3:33 PMbytimothysykes
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damn good points. i should have done this.... sighs. LOL
thank you Tim,
Thanks Tim for these vids! I took that $EFOI trade yesterday & got out at a small loss. Not every trade wins-but now have to wait 3 days before trading again. This will force me to STAY FOCUSED ON THE SOLID PATTERN LONGS with contract & earnings winners. Again, thanks for everything that you are teaching us! :))
Great advice!
Tim. Thank you for another great lesson..Have a great weekend and thank you for your mentor ship..
great lesson
Awesome video Tim.. I stayed away from $BABA even though the gambler in me wanted to risk it.. From listening and learning from you, I didn't touch it.. thank you. I made 10% on my account today being safe, taking profits and ...well being a little bitch..(lol) but you know what?... It's gonna be a nice weekend because this week I had a gain and not a loss... all because I am listening to you and learning your rules... Thanks!
First time I ever stayed in chat all day. I have a day job. I too was excited about the IPO and was very tempted to buy in. I haven't done my first trade yet. As I watched the chatter I watched Tim execute 2 trades on CNET and post his results it mostly went unnoticed in chat. He was making $$ while others watched an IPO that was sold behind the scenes and by the time it was released to the public it popped for just a brief second to $99 bucks a share and went back down to $92. It opened at $93.
Thanks Tim, very valuable. I would love to see a video on how you find sympathy plays, maybe it´s not just one way, but a few thoughts would be a good video lesson perhaps?
Enjoying the video lessons on the iPad… are you planning on having a Android app? May you also render a video lesson on finding sympathy plays too?
You nailed this one, Brother Time! All effin' day long I had to listen to the lame-stream, drive-by, A.D.D, media pumping the Chi-Comm's with less than a 50% pop! Meanwhile, I'm shorting schitt up over 200%!! WTF, over?! Pathetic!
Thanks for drilling the point into us stubborn students. Eventually I'll throw away any bias and believe in the patterns and lessons and just do it
Enjoy Your weekend Tim , almost finished your book. Great read.
Just signed up for Pennystocking sivler, already learned a valuable lesson today. When a penny stock doubles in price, its madness! and eventually will need to be shorted soon :D Thanks Tim
Great video lesson. Don't know why the ratings seem low but this is a 5 star to me. Thanks Tim!
thanks
sympathy plays.... good to know
Another great video that needs to be bookmarked and reviewed on a daily basis
Nice video on Sympathy plays... RWLK IPO & $EKSO another example
Thanks!
watched!
Very good lesson on how Sympathy plays can be Very good opportunity when a sector leader is Hot and the sympathy play shows the right Indicators to initiate a wise decision, You gave an example on how you also like to short them once the Leader starts to have indicators of slowing price action Great r/r opportunity since the catalyst was the leaders price movements, Always Following the Rules at All times cutting losses and protecting profits Very good info/Lesson
There are multiple angles/ opportunities with sympathy plays!
stocks are irrelevant because there is no edge ... You need to remove some of the randomness and ask. How a stock moved, not why. Do not predict what stocks will do, just react .. Don't gamble, scalp, or guess. Focus on sympathy plays for hot sectors, you have an edge .. They can react for a bit, but then die off when sector hype dies.
If you watch THIS video lesson - you will understand the power of sympathy plays!
@STicker YES! I'm glad you're going back through my video lessons library, most people don't :(
@timothysykes I am watching every single one of it. Watched all DVD a couple of times, watched all of TGs webinars etc... It takes a shit load of work, but who cares, if you see whats possible with the knowledge that is here provided!
Say No to drugs kids, and IPO's
@STicker Well put bud! The harder we work the better the results!
@timothysykes thanks for motivating your dedicated students to study hard!
TY Tim
Regarding $BABA it is better to trade the sympathy plays to it. $BABA is a one time event because there is no other IPO as big as this so you can't compare it to something. Unlike these sympathy plays you can look at the past and see what their spikes are like and other sympathy plays in the past. $CNET was a nice one picked by Superman that ran from $1.20 to $2.60s today. Most likely will fade later in the week but for now it is a nice play into the hype.
great
thank you Tim
Swell Lesson
watched and learning.
Thanks Tim
Thanks, Tim!
Great lesson, Tim.
thank you
Great Lessons!!! Thanks Tim!
Good Job thank you Tim
watched & bookmarked
none
Thanks Tim
+
Video watched. THX.
Thanks Tim
Awesome! Thanks Tim!
Thank you Tim
Thanks Tim!
Watched. Thanks!
Thank you!
Thanks for the lessons boss
Thank You Tim!
Thankyou Tim for great lesson!
Thank you Tim.
Thanks Tim.
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