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debski04
1
debski04 Jun 17, 15 7:45 PM

The hardest lesson to learn as a newbe is to learn to not chase stocks..... I've learned to just wait for the first 15-30 mins and usually during that time, the stock will form the morning high if its going to run. I'm still working on perfecting my trades myself. The hardest thing for me is that I don't have anything that picks up volume spikes to look at those stocks. I usually find them after they popped and ran... No buy for me at that point. :( If only I could find these stocks as they are

JDUPS705
JDUPS705 Jun 17, 15 7:56 PM

It seems to be all about anticipating the news and catching the volume spikes premarket. that was how sgyp worked today.that positive news came out at like 5 a.m. and that's when the volume started getting heavy. that should have put it on the radar as a possible buy or dip by later that day. Unfortunately I didn't wake up that early so I missed it. at least I didn't chase it and try to guess if it would keep going. I should have recognized the double bottom in the 650 s. I'll get it next time

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JustRico
JustRico Jun 14, 15 7:05 PM

lol good plays, and good call on NUGN, man I had the itch and I wanted to buy too but I noticed that coming once it started acting funny..just gave me bad vibes so I just gave it a day or so of watching both days it closed and it was arching like it was getting bent it was just a matter of time b4 it snapped.

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Palmer
2
Palmer Jun 14, 15 3:33 PM

Thanks back to everyone. I think of myself as a giver and if I can help kickstart someone somehow in the right direction I'm gonna do it. So true deb...never going to be corect 100% but understanding the risk, patterns, etc. help make those losses simple foul balls and not the more embarrassing event of being picked off at first base followed by the walk of shame back to the dugout...that's never cool ;)

Lucid
1
Lucid Jun 14, 15 5:19 PM

Thank you, good advice in here. More positive reinforcement

LurchThePerch
1
LurchThePerch Jun 15, 15 8:03 AM

Well said, patience will bring consistency but we all know it is sometimes hard to be as patient as we intend. Great post - thx

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