timothysykes

$2,211 profit LIVE Short Stock

Entry comments: Shorting this blatant stock promotion, be careful though, it could spike more, easy to borrow at my high net worth broker, resistance at 4ish, I'm probly early hence my tiny position, goal is to cover for 20-30 cents/share profit, RISKY

Exit comments: Got a little dip not as much as I anted, trade done live in front of http://tim.ly/sykesmc students during webinar, very inefficient

RikiRisnandar
RikiRisnandar May 23, 14 10:45 AM

gettin out for $200 :D thanks teacher

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timothysykes

-$3,647 loss RCON Long Stock

Entry comments: Buying this earnings winner on the dip off its highs, it likes to spike in the morning as we saw today, it moves fast so my goal is to sell into a similar spike tomorrow ideally in the mid to high 4s...not surprising it consolidated all day long due to down overall market and digesting bagholders in at higher prices...not much downside here, should have support at 3.90-4ish, I'd LOVE to sell in the 4.50s

Exit comments: No morning gap up or spike right near the open like yesterday means I gotta cut losses quickly, never fun or easy...but trade like a sniper, be methodical, move onto the next potential runner...these are the rules by which I trade and following these rules makes me wealthy, break the rules and sure sometimes you'll get lucky but getting lucky is very different from winning 75% of the time and growing your account exponentially quickly like my top students have

Received 5 Karmas
RikiRisnandar
RikiRisnandar May 16, 14 9:49 AM

lesson learned.. i also cut my losses coz 4.00 could become new resistance.thx

Misteroh
Misteroh May 16, 14 4:55 PM

Hi Tim, DDS its a earnings and breakout winner, how you like, but have one problem, its a NYSE stock and 5 billion$ stock, you buy this stock if the pattern its right, like yesterday 15 May ?

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