timothysykes

$2,955 profit MDBX Short Stock

Entry comments: Shorting the morning spike

Exit comments: Made $6 /share hasn't happened in a while nice trade here

Received 1 Karma
timothysykes
timothysykes Jan 08, 14 1:17 PM

wait for video lessons/ask questions during challenge webinars, no time otherwise, everyone wants answers, stip being lazy

JVP3122
JVP3122 Jan 08, 14 3:40 PM

I'm not being lazy. I've watched both Pennystocking DVD sets and you almost universally say to not try to guess the top and wait until it goes red/has its first down day. I was just asking because this trade seemed to go against what you taught in those DVD sets.

Sharny
Sharny Jan 08, 14 9:51 PM

I feel the need to ask the same quest as JVP too. I think that was a good question. I banked $5000 catching while it started to fall...wish there was a tip to know the top instead of catching @ 73. Thnx anyway.

Nicademus
Nicademus Jan 27, 14 5:18 PM

There is no exact science! Just like anything else, the more you do it the better you will be. You can see clues on L2 clues in T&S and using daily minute charts to see what you need to see.

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