Final few days to grab these savings, studying helps you prepare better!
An overall disappointing trade, but still good to see it all unfold live, Level 2 analysis straight from my Learn Level 2 DVD so study up! RPRX also had a delayed morning panic nearly an hour later down to 2.67, nothing huge, but delayed panics can happen too so it's good to know
Posted Apr 21, 16 12:02 PMbytimothysykes
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Basics, Classic Lessons, Price Action: Level 2, Price Action: Morning Panics, Short Selling, Smallcap, Supernovas, Technical Analysis, Trading Mistakes
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nice trade, i gotta learn to take profits quick like you and not try to wait for the bigger drops
very nice, tks Tim
nice, thankyou
Tim, These live lessons are so very helpful when your explaining your reasoning for buying or selling real Time. In doing so it makes it so much easier to understand. Thank you for another awesome lesson. I value your mentorship !!
One of the best videos posted in a while. Thanks.
Great video!
Tim, I would like to see more live videos during the week and on the weekends you can do the recap of the most active ones
Great video! Tim
great lesson! thx
Sweet live video! It is great to see from the live perspective! You make it look so easy, video sharing, watching level 2, and keeping it real with the chat room all at the same time truly show your experience! Thanks for sharing! As always you da man!
Thanks for the live trade Tim that really helps maybe you can do a DVD like that with only live trades and an explanation
great lesson man did not think you were this quick
Really good Level 2 lesson...thank U! I practiced shorting for the 1st time on RPRX (papertrade) profit 150...then Chat alerted halted stock ALIM @ Noon n I sold short scaling in & bought to cover scaling out for a 1345 gain ...Loved Tim's " Learn Level 2" DVD...for newbies like me, we can do this : ) ...as long as, we know the risk (unlimited loss, not just 100%) shorting and learn & perfectly follow Tim's Rules to protect.
Great Lesson!!!!!
Nice!
Great video, Tim -- 2.90 was actually the top for today))
Thank you for posting this Tim. Am trying to wrap my head around Level 2 and it’s quite confusing with all the numbers changing in value every few seconds, but videos like this help. At https://youtu.be/v86HArDWtDc?t=452 you state “a true wall of sellers will have a 30, 40, 50 thousand shares on the ask ”. Given that the volume at the time is ~186k do you derive the 30,40,50k that you refer to from a percentage rule which I’m guessing is between based between 15-30% (i.e. 30/180 to 50/180)?
good video thanks
Great lesson Tim, when did you reserve your shares? the day before or in the morning?
Really good vid. The Level 2 discussion, thesis about the time of day importance, etc. btw...bought How To Make Millions streaming DVD set the other day...very very worthwhile. Already watched many hours of it.
More of these type of vids, please. Really good! thx
Loved watching this live...really learned what to look for when shorting a stock. Thanks Tim!!!
i love this live video right before market open. more please!!!
watched
watched and learning!
Fantastic.
nice!
This video really gave me some general knowledge on how to short stocks and what to look out for when I go into a trade as such.
This was a great lesson to see how quick you execute and what you focus on! THANKS
some of my loses have been caused from me not forcing to sell, some money is better than a loss
thank you for this video lesson!
Cool video Tim
Nice lesson!
$RPRX triple top three times over-extended after first big down day If you hold next day will gap down. Awesome to see wall of sellers there were some but some buyers come in so get out quick. Same as what I saw wall of buyers with NAKD - awesome lessons!
Very educational trade. Surprised at how quick it all was. Will rewatch. Thanks Tim
Thanks Tim
Wall of sellers good chance for further downside ... However don't cover for small losses if it goes against you . The reason SSR makes resorting difficult and you may not get shares ... The market opens ad the wall if sellers not as big as you want, cover for safety , the wall of sellers can become a wall of buyers .. Learn to accept disappointment when trades don't go exactly how you want .. If it doesn't drop , it can squeeze when shorts panic and start to cover
Thanks Tim!
You have to be ready to react quickly to price action!
Nice trade Tim, playing it safe
Holy Cover....
When support can’t crack convincingly on the day with no big sellers then you need to cut the position. Don’t hold and wait thinking it will come back in your favor. With the stock holding up and testing r/g you need to watch the position and when it does go r/g you need to be out as it can squeeze.
TY Tim
Thank you
Thank you :)
Great Live Video.
Great video. Thx Tim.
Thank you!
Thank you
Thank you
Great live lesson on Level 2, love it!
none
Thanks Master Tim. Awesome lesson in reading level 2 with your experience
Thank You Tim !!!!
#FutureMillionaire
Great video. Thank you Tim!
Thanks Tim!
Video watched. Thanks.
thanks tim great live video, you shorted on the previous red day on the bounce and the morning panic failed in the morning and you covered for safe profits on rprx . when in doubt get out when your thesis is wrong and this was ashort squeeze
Get out quick. When it doesn't go your way.
Thanks Tim
You cannot cheat your way to success. Learn from the past, study in the present, and prepare for the future.
Straight up.
that was awesome enemy at the gate like more like that, great lesson Tim thank you
Thanks Tim!
Thanks Tim.
Thanks for the lessons boss
Thank You Tim!
Thanks Tim
Thanks Tim
+
Thank you Tim.
Thanks Tim!
2nd
2nd
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