I think this thing could really run. It's like no one sees it yet...

Up 5.1x it's normal volume I guess

Wow, about to break $2.70

Ok, about to break $2.80 now

Yup

as a new trader, is it good to subscribe (with a dummy email rather than my main email obviously) to stock promotors? I feel it would give good hints on whats bing pumped so I can look for shares to short if the chart looks right?

Tim says that practice isn't fruitful anymore, but for science I subscribed.

I say subscribe and paper trade off of them for a little while. Find out for yourself. I sub'd to all of them that I could and made a separate folder in gmail to have them all forward to. Then when I *want* to get to those emails I can scan them real quick and it doesn't clog up my inbox

Up early to the gym at 3:30am today, went to sleep at around 11pm. I own a couple businesses too. My dreams are more important that my sleep. Get 'em winner!

@bobomatic The way I see it is you need to be up at midnight (Brizzy time) for pre-market analysis, then between 12.30 and 1.30am is when you get your gap-ups/-downs and breakthroughs. Then a bounce might happen at 2am and you've gotta keep watching until you exit the trade which could be 3am. Am I interpreting these studies correctly? I'm paper trading with StockTracker, use Interactive Brokers for chart analysis but realistically, I already have an account with eTrade Australia and I will prob

@Stackout So are you asleep during pre-market trading and the first couple of hours of trading? What time to what time do you trade and/or study?

yeah, i set my alarm for 12, up for couple hrs depends on market. Then back up 5:30 for work and check on the market. I don't think etrade australia has penny stocks listed, only place i can find is suretrade.

Kiyosaki predicted a market crash this year. I'd short the market $20,000 if the wife let me.

I was thinking 25k short. I'm just setting up the account with $1000 and adding later. Maybe cost average in. It sucks being early. The wife is okay with it.

Read the book second chance by robert kiyosaki. Great book man.

Thanks man. I'll check it out. Taking break so I can return.

East Coast

There are multiple ways to make money. If you have schedule conflicts, you'll have to develop a plan around it. If you want to trade equities, then Friday is your day. If you want more flexibility and want to trade 24/6, trade futures. If you want to invest long term, then create a schedule to sow your capital over time in dividend stocks or ETFs. You can also try real estate or start a business. You just need a life plan.

@TraderH Yes i am sure there are other sectors of trading I am involved with TIM CHALLENGE so I want to stick close to the core stock till I get grounded. I had heard some trade the scond half of the day so I am looking for input from those people.

I'm a college kid and I only a Friday off as well, if you can't day trade which it sounds like, develop a swing trading strategy and set appropriate risk so that you can ride out any dips, good luck!

I'm in at $2.78 and waiting.

I'm up today on UWTI as well. My goal was 3% average this month. I'm at 4.5%

I was stopped out at 1.48ish took profits. Oil scares me. Rumors, hopes.

Oil might have a tiny extra push up, Fridays.

Or could fall apart. I trailed my stop too tight. Nerves mostly.

I didn't expect it to do much at open. Same with $GLUU. Instead traded CLOW, made out green today.

I added to my short small size. I don't see where it's support 4 maybe.

Maybe $4.50-$4.60 support?

Think so, letting my share short ride the waterfall.

I was in at $3.71 this morning. Out at $4.20. Might go back in.

@Stackout Luck! I didn't get in until this morning when it was already up there. Got in at $4.12, but I think I see a pretty good spike coming. I feel like the morning spike was just the beginning