Genghiskhan

My first comment. Been following Tim for a while (on and off), bought his first DVD PennyStocking in 2008. Bought the TimAlerts now in 2014. Shit happen (Forest Gump?) I will become a part-time trader. Been studying hard! I understand the teachings & methods of wise Tim. For example: 1. Patters - supernova, stair steps, crow, etc. 2. Trade stocks in play only - high volume, break out patterns, forum chatter, newsletters, good news (earnings, FDA approval, contract winners, buyouts, etc) 3. Shorting - short only on a first down day, higher the shitty sock goes the harder they will fall, investigate the SEC filings for disclaimers, etc. 4. Use the Level 2 as a guide only and not by itself because it can be misleading. 5. TimAlerts - If you understand the patterns, you can trade against the TimAlers because the markets move fast. The TimAlerts are a snapshot in time of what he is doing, so if you know how the patters work, you can do the opposite or follow if quick enough. 6. I ready the book An American Hedge Fund when it first came out. Great read! 7. Cut losses quickly! So, whats my concern? Where is the manual on how to "trade part-time"? With all the above points in my head mentioned, by the time I get the TimAlerts and then get to work, many of the plays have passed. You see executions being quickly traded with a .30-$1 profit. That being said, how can you "execute" the trades that quick working part-time? For full-time traders with a decent size bankroll, it looks easy to scale in and out for a quick .30-$1 profit. For a part-time trader you look at the stocks being traded and wonder, wft? In hindsight, everything looks easy and the patterns all make sense. Yes Tim - you dont know me, my bankroll, my bills, my life, but it's a simple push in the right direct is all thats needed. If "new traders with a small bankroll" should only look for SuperNovas only and they come only 1-3 times per month, then how do we execute it? My bankroll does not allow me to short but I am just looking for the SuperNovas.Scalling in and out for a quick .30-$1 is too hard working full time. I hope all this makes sense to someone? I dont need a "let me hold your hand across the street" explanation, but maybe I do? Bottom line, its hard knowing when to execute the trade real-time and in hindsight, every pattern looks easy. Thanks for listening and hope someone with wisdom can help. Thanks, Aspiring Trader

JonB1111
JonB1111 Sep 07, 14 6:24 PM

Hey Genghiskhan.. I work full time and have the same dilema as you. How to trade and work. I fortunately have a desk job and a brand new computer.. :) So I scan my plays on my Etrade pro scanners before work, get to work, and open up ETRADE PRO for my information. I use SureTrader to trade while using ET PRO to watch charts.. All this while working and trying to keep what I'm doing a secret.. lol.. My boss knows but it is rather annoying. I missed a $900 gain last week on a short I was 30 se

Genghiskhan
Genghiskhan Sep 08, 14 2:21 PM

Slot if the alerts are good for shorting but not much alets on long positions. My account is still too small to short. I need more long picks.

Genghiskhan
Genghiskhan Sep 08, 14 2:22 PM

A lot of the alerts are....( what I was saying)

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adamthefirst

BioRunUp">@BioRunUp Hi, I am a Newbie and I am looking at successful traders as yourself to mayb guide on few issues. firstly, which broker do you use? i have been researching but with all of Tims vids my head feels fried! lol. secondly and I can kind of guess what you would say how is it you are successful in your trading? What platform do you use? I would really appreciate your response. Thanks

milwaukeetrades360
milwaukeetrades360 Oct 11, 14 5:12 PM

Sure Trader, bad reviews, great for me and my small account. PDT rule #awesome

dreamx
dreamx Nov 24, 14 5:39 PM

@ShowMarkTheMoney Correct me if I'm wrong, I believe optionsxpress does not Short Sell stocks under a $5.

LLooper
LLooper Dec 15, 14 2:44 PM

Which broker did you go with?

dreamx
dreamx Dec 15, 14 6:06 PM

@LLooper I am using thinkorswim as my account is not big.

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JonB1111

@JonB1111 just became a fully transparent trader today!

JonB1111
JonB1111 Sep 07, 14 2:21 PM

Hi everyone.. Hopefully I can do as well as some of you have.. This is very exciting stuff. I need to remember patience as my account is small and I need to focus on growing it.

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