pennystockforaliving

@Alba Hi Sir, I am a newbie here and I wanted to tell you that your statistics are amazing :) Do you have any sources to share for quick learning as you learned? Seriously I am very motivated and I want to live freely like many on this site. I am in the forex for about 2 years and not yet profitable but still I watch almost every day and I study. But I confess that I begin to love people's comments here and I think redirect me in penny stocks. What learning tools you advise me to learn as much as possible between the dvd, books etc etc Thank you in advance :) Steve

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Alba

2 Weeks in the learning Curve.. A LOT to process thus far but slowly getting there and slowly understanding the principles. Tips for Newbs who have reached thus far :- A - DO NOT give up; I know it's a lot and you might find a brick wall forming everyday in front of you, but do your due diligence and it will clarify, remember repetition will make it stick to your head eventually. B - ALWAYS take notes; I am not asking you to write down a whole transcript, but I am assuming you are educated and you will pick up the important things to write down, trust me you will be happy you referred back to it at a later time. C - MANAGE your learning curve - The way I do it is like this (Depending on my time available but I am investing at the moment 4-6 hours a day), 2 Hours of any given DVD I own with notes, 1 hour of reading blogs and getting more info on something I do not understand, 3 hours of Video lessons from all my subscriptions and researching the event in detail as well. D - FOLLOW the right people - Meaning look at who is really banking and see who they are following and why? Read their own blog posts, read the comments, see their track record here on Profit.ly, It will keep you busy. E - STAY motivated - Talk to people, watch YouTube videos/documentaries, paper trade, fine people at your level and discuss/partner with them. F - Patience, Discipline - These are self explanatory; otherwise Google. :) All the best of luck and this is all I can offer from my path so far the past 2 weeks. Just my 2 cents in hoping to clarify somethings that were hard to comprehend the first few days. Hope to make some trading buddies and share stories here! Cheers.

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Erikas
Erikas Feb 06, 14 11:37 AM

Yes, it is a good read but I am thinking to try with the sure trader maybe even if their customer service is crap.

Alba
Alba Feb 06, 14 12:33 PM

From what I heard IB has crappy customer service, but I don't have any issues.. Yet :)

Alba
Alba Feb 06, 14 12:34 PM

Best of Luck btw

Jan
Jan Feb 10, 14 2:27 PM

Hi Erikas! I just started as well! A LOT TO DIGEST! Good luck!

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TRADERBULLY

Up $358 on $3000 starting in 6 trades. This is a long term game that is going to require patience. Patience to "A" grow your account exponentially, and "B" though just as important to learn and perfect this strategy. Gotta be overly conservative in the beginning. Myself I am limiting my downside to about 5% no more than 7%. My goal at the very least this yeah is to make 1000% on my initial $3000. Have made some super huge mistakes luckly none that have cost me money as of yet. Newbies that might come across me my important lessons learned in my first 5 trading sessions: 1. Learn! This include reading, watching Tims daily vids and purchased vids. Honest opinion you can learn alot from just the daily's to get a good feel for the strategy. 2. Patience!!! This encompasses several concepts. Wait for your play! I setup all my charts the night/ weekend before. GTG I'll continue later!

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TRADERBULLY
TRADERBULLY Feb 04, 14 7:25 PM

Dewey man was thinking about you today. Hope all is well.I was looking for your email address today but glad you messaged and are back. Things are getting more clear for me. Called out a technical factor live in the chat today that Michael Goode confirmed that spurred him to sell half of his position in HEMP today.(: Day by day brother. Saw you took a small hit. Hopefully you had enough time off to clear your head and ready to get back in the game. You have some ground to catch up, but I dont ha

dewey
dewey Feb 05, 14 3:07 PM

Thats good stuff dude. deh.hart@gmail . I'm still going back through all the material and regaining some confidence. I was totally trading dangerously and was to excited and over confident. I'll be back in the game soon. I'm glad you're nailing it. I've been following you and you've been doing good. What platform are you using?

dewey
dewey Feb 05, 14 5:36 PM

I have them. I put 1500 in there but they wont let me short. I also put 3500 in SureTrader Das Pro.

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wkulmann

A Picture to see my Strategy

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etipop
etipop Mar 14, 14 5:26 AM

@10talents not really

Zol
Zol Apr 03, 14 3:00 PM

clear and neat!

bartvan
bartvan Feb 20, 15 4:09 AM

is this the only setup you trade ? and why the 8ma is exp and the 20 ma is not?

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