Thanks very much for your reply Samuraitrader, much appreciated! Please forgive my ignorance, however I still seem to be slightly confused. I've gone back through Tim's alerts/watchlist for the 17th, and he alerted to go short? Do you remember what made you go long?
@Chaddo Everyone was short with this one because it was a crap company that was destined to go down but the unexpected happened and it squeezed 100s of %
@Chaddo The stock was being shorting for many days/weeks and also that the stock price was not bad. So I bought it and hope that it will going up some % the next day. The next day I sold it all and after that I never touch the KBIO again.
I remember that stock. I also went long from the beginning of the day the pattern appeared to me to have more of s chance to go long. Unfortunately I was wrong and it plummeted so fast I couldn't get out unless I excepted a large loss. I decided to wait and at the end of the day it started to rise quickly. I got out with a small profit not realizing the spike of 600% was to start 3 minutes later. I had already shut down my computer.
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Short squeeze and that CEO of some company bought a fourth of the outstanding shares.
It hit 807% lmao. The highest I've seen before that was ocls I think it was. Hit 400%
lmao the picture describes most of our reactions hahaha
can you trade after hours on a paper trade account?
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As another fellow high school student, the best advice I can give you is don't trade if you aren't sure about the set up. Don't fear missing out if you aren't sure it' fits the strategy and is a good play. If you are scarred out of 9/10 trades and you nail the last one, it's worth it because you'll stay confident and gain trust for yourself. Also won't have to go through blowing your account up because it takes a toll on your mind.
I am also in high school. sugoi.
I am in High school as well, best advice would be DO NOT trade when you can't pay full attention to your trading and cut your losses VERY quickly. Only play what you are most comfortable with
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Unfortunately video not working.
That's because you chased it.You should look at it before and look for support and resistance. I say resistance at 5 and that would have been a good buy.
Video isn't working, please put the link if you can. Thanks
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One thing I forgot to ask, how much did you start trading with back then in January? How much money would you recommend me to start trading with?
I'm glad to hear u are disciplined. I did stop selling it. I will release a revised and improved edition in the future, but for now I need to focus on myself and my own trading. I'm not ready to be sharing it all and mentoring yet, it turned out to be pretty stressful for me. I started with 18k of my own capital but never actually needed all of that
I can only imagine how stressful it must be, especially since this is your first year as a day trader. I am looking forward to learn more from your success and again want to say thank you for your advise and being so transparent. I will talk to you soon my friend, have a great weekend!






Thank you for the continued support. Like Tim has stated many time, you can "always go get a paper route, or shovel you neighbors driveway." Well, i think Uber is the equivalent to that of making extra money today. So I've signed up and started Ubering to save up and start up another trading account. I know with what I've learned I can begin to dig myself out of this hole. One Uber ride, then one trade at a time. Gotta stick with it. Thanks for all the support.
@woj37 Dedication at it's finest.
I just read your post and kudos for keeping your head up. How are things these days?
I've just started a blog for penny stock traders and was thinking whether you would like to write a guest post? Maybe it''ll be soul cleansing and show other traders how hard trading is? Let me know - I hope you are ok with everything after what you went through. The link, if you may be keen to have a look is http://daytradearcade.com
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