goldman

Hello Tim, hope you can make a youtube video on how to avoid the dreaded gap down especially when you are in a buy position already?

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goldman

Hello sir, what's your tip if in worst scenario the trade will go against you in strong movement where you have difficulty getting out? Anytime, worst news or big holders' manipulation could happen that could cause a big drop of price or even gap down in a blink of eye. Hope you can share your approach on this.

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goldman

Hello sir, what's your tip regarding about strong movement against your trade in split of a 2nd? How do you mitigate the risk on this? Anytime beyond our expectation worst news or manipulation from big holders could happen. In scenario, I'm sure it's difficult to get out if it would happen in just a split of second. I'm just thinking in advance on this on how to deal this accordingly. Hope you can share your expert advice.

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goldman

never chase sharp move up; if you do, your predefined risk couldn't hold because more often major pullback would strike sooner like this CPRX ticker. After 30 minutes up move, a major pullback around 30-40% followed. You're out if you have stoploss only at 2% level as shown below:

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goldman

@Jackaroo Do you trade limit/stop orders or market orders?

Received 2 Karmas
markbhenry77
markbhenry77 May 07, 19 8:50 AM

Congrats on the interview with Tim!!

hennipen
hennipen May 08, 19 12:33 PM

Nice job on the interview w Tim and the Podcast!

ShipBuilder
ShipBuilder May 08, 19 2:17 PM

great podcast! I also learn quicker being among ppl; not so easy doing this lone wolf way. But congrats on your understanding of the market and your hard won profits!

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timothysykes

TMPS keeps going now into the .60s whewwww what a play

goldman
1
goldman Apr 22, 19 9:32 PM

Hello Tim, may I know the reason you entered the trade? I don't see any supporting news catalyst for the day.

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timothysykes

$1,550 profit TMPS Long Stock

Entry comments: I bought this speculative contract winner that's been holding its big 200%+ gains all day due to this contract win that's on the government's website https://tim.ly/2KXQMVG for a big deal and this SEC filing shows https://tim.ly/2GvPLyy that TriStar is their subsidiary...I'm sure they'll screw up this contract somehow in the long run, but this could run for 1-2 days as this seemingly solid news spreads, FIRST GREEN DAY SKETCHY OTC PATTERN, goal is to make 10-20% on gap up/morning spike tomorrow

Exit comments: PERFECT FIRST GREEN DAY GAP UP SO I'M TAKING SOLID PROFITS! This is best case scenario so I won't get greedy no matter how much more it spikes, making 40% overnight on my play here is just plain awesome!

Received 6 Karmas
Swampcedarwolf
Swampcedarwolf Apr 23, 19 9:34 AM

Banked $250 on this one too, it was awesome premarket

BGoddard
BGoddard Apr 24, 19 4:39 AM

Great trade thanks Tim

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