Hey everyone, first blog post. I have been studying since April and so far I would say I learned allot. The only thing that seems to not be sticking is the long side of things. I have watched allot of Tim's videos lessons on YouTube and I have watched HTMM 4 times already, and I'm on the verge to get another dvd to study just don't know which one. At this point how things are going I feel that short selling could be my main thing, but I want to be good at the both. I seem to miss all of the moves to the upside and just when I think it will run some more, it comes down on me. I scan for big % gainers everyday, but something in my head is not clicking. I'm trying to start small so the plan is to buy breakouts and dips, but maybe its something I'm not getting or seeing. Any advice on what I can do to just get on the right path to see a little progress on the long side of things?
Additionally they teach you alot about reading what you see on your screen at all times.. and another good supplement Id recommend is http://vultictraders.com/ tell Him Kraig Sent you .. between those two im confident that when I reboot my account ill be profitable 85-90% of the time my paper trading proves that .
Good luck.. let me know if you want or need any more advice... obviously Ive lost a lot of money already... But ive learned alot and 50% or more of my losses were before I learned with tim and some of it was technical malfunctions and then what finished me was the Holiday and not understanding sympathy plays.. id be happy to share my experiences with any trader I can
thanks for the advice, i will look into those things, thanks again
On the scan, it's pre-market activity that you're pulling. The big gains already happen, that's where waiting for the dip to buy comes in, continued high volume is important too. $GPRO was a recent exception to pre-market. Rumor came about 10:30 ish. (had to jump in quickly). WTW and KBIO were billionaire plays with days of opportunity to play. We just need to be ready for the next one. I'm guilty of chasing stocks but a big loss reinforces the rules: Cut losses quickly and wait for the trade t
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