Had a very good morning with my cash account today with $ZN . Started off closing my overnight position for roughly 180% gain then dip bought the mini panic for a 5% gain. My paper trade account did much better due to the ability for larger positions and being able to play the $5-15 stocks with a decent size which I seem to be a little better with on a more consistent basis. But none the less I've grown my knowledge and experience account this week and have shown more patience in the latter part of the week. Haven't really chased too many (only PRPO ) yesterday due to FOMO during the spike halts but I can see some improvement. I've passed up a lot of not good set ups that I have dove into head first in the past and stuck to my plan on most entries or didn't enter because my target wasn't reached without feeling like I had to trade. That is a huge step for me, I now don't feel like I have to trade every day and I'm looking for much better set ups. Of course STT and the breaking news are a huge help!
ACHV awesome spike on patent, I was a day too early there like $ZN too
Gooooooooood morning! Retweet/favorite this https://tim.ly/3jW6XQX if you're up early today too, already some crazy big movers premarket, congrats to all $ZN overnight longs, whew!
How beautiful are these charts: https://tim.ly/3jRV6n3 of ECOR and $ZN congrats to all longs!
WOW $ZN hit .48 afterhours whewww
Entry comments: Buying this former Supernova that spiking on news of new plan to drill in Israel https://tim.ly/3hQKUsV goal is to sell in the .30s as this one moves fast
Exit comments: No followup spike, I'm not going to risk it, small losses are fine, just protecting my daily gains here
cool, thanks will sell half my stack in the 30s
Keep it simple. Thank you.
Thanks. Tim
I got in aftermarket and sold pre market for 150% gain overnight. I'm currently only trading in $20-100 positions just to learn on knowing that when the consistency comes it will size up later. Thank you for sharing your knowledge, I still have a long way to go on my journey but I'm seeing progress!
Entry comments: Slightly bigger $ position on this recent runner, early morning spiker in the oil industry, should be helped by Iran conflict, goal is to make 5-10% on morning spike, cut losses quickly if it fails
Exit comments: Mmmmmmmm nice, morning spike, glad I used slightly larger size, getting used to taking bigger position in 2020 :)
I'm learning from ever piece of information, chart, trade, etc. Thank you.
Over the past few months as a new challenge student and following your training closely I am trying to do my own independent research for my watch list (even though I am not fully aware of what I am doing at the moment) I'm happy to say I also put ZN on my list which makes me feel like I am doing something right, I also made my first ever trade (all be it a paper trade) and locked in a $225 profit on 1000 shares, still feels like I'm trying to run through treacle
Thanks Tim!
Thanks,
Thanks mr. Goode now I should probably start playing tennis so I can learn to trade stocks better
1:30:50 Absolutely love that you said that.
Listened but options seem really hard.
Thank you M.GOODE awesome video
Noting Call options are the right to buy a stock for a certain price during a period of time. Put options are the right to sell. Buying options your risk is limited. You can only lose up to the amount you put in. But there is unlimited risk when selling. Options always end on Fridays. There is an options exchange. Strike price is the price you can buy/sell. Be careful of biotech and buyouts as they can cause huge losses on short positions.
Thanks Mr.Goode
Nice
Very informative, Thanks Michael.
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