All Trading Accounts: New account with just $12,000 begun on January 1, 2016...now roughly $87,000ish after the first 9 months of 2016 despite MANY mistakes...I was up 187% in 2015, up 175% in 2014, up 66% in 2013.
Today was a +$4,000 profit day for subscribers, congrats to all the students profiting AND learning (+$1,400ish for me)
See my FREE new 11-hour guide here...please memorize it and see how I choose my trades...I also use this stock scanning software, I trade with these rules and these are my brokers right now. Long and short trades, I try to make 10-30% on a position and if a trade is going against me, rule #1 is to cut losses quickly...here's why small accounts can do so well, and more important than trading profits at first is gaining knowledge which you need before you can have consistent profits...read this to see how great success takes time...so please learn my rules, they've made me and several of my top trading challenge students millionaires and dozens more earn six figures/year...my alerts are realtime reminders of patterns I've traded for over 18 years, ALL of my top students are self-sufficient, that's my goal for every single student; to be your training wheels so you can plan and execute your own trades...NEVER follow alerts EVER from ANYONE, use them to learn how I, and others, plan and execute trades so you can learn to plan and execute on your own...if you consistently learn to spot and execute solid trades, not force trades and cut losses quickly when wrong, you will be surprised how fast you can grow your account like these guys
SKLN was my over-the-weekend long position, and I was aiming for a gap up/morning spike to the low .20s...it touched .21 twice, once early premarket, once near the market open, but couldn't do much more so I sold near the market open and profited a little over $1,000...not as much as I wanted, but I reacted to the double top...even though .21 was 1/2 penny/share higher than Friday's price action, it was NOT a convincing breakout and no new news like I would've preferred meant sell into strength as I said late Friday too when it touched the .20s...now around .18 I would not re-buy as it's a failed morning spiker.
SORL and CRBP have been the 2 strongest stocks this September, tempting short sellers galore and I've been faked out on CRBP each of the last 2 days...but I exited safely before big squeezes since it couldn't breakdown convincingly, both of them just keep marching higher and higher, eventually they will both crash as SORL is coming up on multi-year resistance and CRBP has never had a spike like this before...potential shorts every day, but beware of short squeezes...beware, beware, beware!
MGT was the biggest Supernova 4 months ago, but its held its gains ever since and only now is it tanking on news of an SEC investigation...this is a big time potential short, just beware of them putting our more hyped up PRs to try to lessen the fall.
NWBO and NAVB are 2 similar low priced biotech runners, both doubled and tripled recently, then both consolidated off their highs, now both of them are within striking distance of making new highs...tough for me to short such low priced stocks, but I'm also timid to chase the buys up here after such big gains...I'm just watching them now for potential double tops or maybe even breakouts.
CARA and SCYX are 2 similar multi-week breakouts over their August highs, but neither of them have a great history of multi-day spikes and now both of them are on day 2 of these runs so while they are potential buy patterns, I don't want to chase either of them...only watching both, probably for potential morning spikes tomorrow, tough to consider holding overnight.
ESSI and ETRM have both come a long way very fast despite having big time negative charts...ESSI has had 2 big ups ays now, ETRM is only on day 1, ESSI is a big time potential short, especially given history of paid-for pumping, while ETRM is simply too low priced for me to consider shorting...it's more of an SKLN-like low price play that will likely fail on day 2 of its spike tomorrow.
USAT, RSYS and ATEC are the 3 multi-month breakouts I've been watching, NONE of them are very convincing breakouts right now, in fact RSYS and ATEC can be considered failed breakouts given today's price action, at least USAT is the healthiest of the bunch...I will continue watching all 3 of them.
Thanks TIm!
i love how i made a youtube video on why i bought SCYX this morning setting myself up for the potential spike tomorrow as its holding prev day highs, same exact pattern as my mistake when i cut losses quickly on the second day $CPLP i have been self sufficient lately thanks to working my ass of drilling the videos and patterns into my head
Tim, Thank you for all your hard work and dedication to all your subscribers.We truly appreciate all the hard work you put in on a daily basis.For this we realize to study hard become dedicated of your teachings and make you proud of creating more millionaires..I thank you for your mentorship
Thanks Tim
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