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Thought this one was like ENT in that it broke out five cents over the intraday high and upticked one cent seemingly every half hour until in stopped around 1.78. Held on here for a while then slowly declined into the close of the market finishing one cent below the intraday open. I should've been more patient. 10 cents over the breakout is my rule not just five. More discipline would have helped me in this one.

Saw this gainer in the low end of its run and decided to watch it as it was holding support near the day high. i bet it would break out over the day high and it did. It closed two cents over the day high so I decided to hold overnight since I felt it had momentum to run the next day. I was correct as I gained nearly 100 over the course of a day and half increasing my account size nearly a hundred dollars.

Second loss and I loss big! I picked a good stock, did research and analysis, my entry was horrible. I will never again buy a stock in hopes that it will uptick. Instead, I will set an alert with my broker to notify me when my pick has hit the key level or previous days high. That is a sign of a breakout and a sign of locking in profits. This is just a minor setback on my five year journey to 1.2 million in trading profits.

My first loss. I broke one of Sykes' rules, Don't chase breakouts! I planned to enter at 6.10 and exit at 6.70 but the stock opened at 6.20 and kept rising. I didn't even get executed until I changed my buy order to 6.40! I should've just canceled my buy order due to the stock not doing what I wanted. Lesson learned, shoulders dusted off and sniper rifle reloaded.

This is my first trade of all time! It was exciting to see the thing Sykes teaches in real time. I was up $278 on day two of the good news but lacked discipline so I held until the next day and had to settle for a lesser gain. I'll get better and tailor Sykes technique to my goals. Thank you Tim for "teaching men how to fish" so we can eat for a lifetime.
Never attempt to copy or mirror the trades discussed on this website or in alerts. Attempting to do so may result in substantial financial losses. Alerts are not provided in real-time. For that reason, it is highly unlikely you will be able to buy the stocks at the same entry price, or sell the stocks at the same exit price, to achieve the same or similar profits obtained.