I made this trade today live on video for a puny profit, but my video recorder software crashed mid-trade...you didn't miss much though as the spike failed...so in stead here's a trade that was alerted in my longer term newsletter a few days ago...nothing huge, just profiting nearly $2,000 by dip buying a stock breaking out of a multi-month base when it fell back to support and taking profits into the bounce...but good for helping you see my thought process going into trades like this:
Posted Sep 28, 16 6:20 PMbytimothysykes
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as usual great lesson and level of knowledge
i am afraid of trying to adjust the SSS so I can justified my trade, it´s very confuse for me
Where do I find the long term newsletter? Great info Tim👍
@alysgonzalez watch my free http://traderchecklist.com guide again, it gets easier/more understandable over time
@Pauldice91 it's at http://tim.ly/timlong
@alysgonzalez Many of us have decided to watch the Trader Checklist Videos multiple times in order for us to be as comfortable as possible with rating our trades. It really helps! :)
Isnt there a lower trend line of a channel at about $5 on RYSY
love your teaching style. its easy to understand when you are doing live trade. I am still analyzing the each pattern.
well i am learning so much i thinking to do my trades next year because i wanted to understand very well i am hook is just about time for me to do it Thank Tim for the lessons
GREAT VIDEO!! THanks TIM!!
watched and learning...thanks : )
watched and learning!
Thanks Tim great video off to the next one.
ayeeeeeeee nice video good lesson. So many different set ups to choose from.
Great lesson Tim
Thanks for all your teaching!
Real nice trade. Great lesson!
Thanks again Tim
watched
Thanks Tim
Thank you Tim
Thanks Tim!
Simple and straight forward explanation. Great video
It's not an exact science but knowledge and perseverance will take us far.
It helps to see the stocks get graded with the SSS!
Cheers Tim!
Thanks Tim. Playing the chart when it is holding key support levels for multiple days/months.$RSYS was a great low R:R play that you could hold for a longer time because of how slow it moves.When these former runners take a while to move you can almost anticipate the moves before they happen by the way they hold up support and slowly having curling action upward. $ISNS was a good example of this as a former runner and earnings winner. It hold $3s for weeks and slightly curled up before spiking.
Great lesson
TY Tim
thanks
nice thanks Tim
Thanks Tim, Great Lesson!!
patience is key
Thank you kind sir!
Be patient. You don't need to be first. News takes time to travel, so wait for the pattern to play out rather then rush and force the trade.
Knowledge facilitates growth.
Thanks Tim!!!
Great lesson
none
Thanks Tim
When you don't know, get out! Good decision as you nailed the top before the decline!
Thanks Tim!
Thank you Tim
Video watched. Thanks.
thanks tim , sexy numero #5 in hindsight , you timed it and saw support on rsys . love these patterns
Thanks Tim
Thank you
Thanks Tim!
Watched. Thanks!
Thanks Tim
Thanks Tim because these stocks are under followed this can result in later spikes however they have to hold multiday support areas in order to long
Thank You Tim!
Thankyou Tim
Thank you Tim.
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