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Punisher890 Jul 17, 15 8:43 AM
nice find. even if it goes nowhere, this is a very good lead!
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GraniteState Jul 15, 15 2:15 PM
Give BP Rising a try. Small room, know people by first name. BP focuses on support and resistance trading
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my_monay Jul 14, 15 6:12 PM
Damn dude, I saw that on the stock market watch, and dropped my jaw, literally. Good job. But seriously how did you sell that, i saw only a few shares as well
CreamTv Jul 14, 15 7:17 PM
just added the photo... i had my friend purchase if for me since my funds were not clear but he has problem selling them because no one wants to buy a bankrupted company
CreamTv Jul 14, 15 7:18 PM
cant really call this a profit until its sold... it would be really messed up if its just my own purchase that brought it up, not likely tho
ocarela Jul 14, 15 7:26 PM
Maybe if somebody willing to short, brokers may get you size :p
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jimmypete Jul 13, 15 12:06 AM
you Tim, are very understanding, you know how frustrating this can be to us that are new to trading
MiddleTrader Jul 13, 15 3:01 AM
Take a break, look at your trades, understand them what did u do wrong and get back stronger.
Fatbeetrader Jul 13, 15 3:40 AM
Nice!
todddunnigan Jul 13, 15 8:11 AM
I spent quite a bit of time studying before I did my first trade (which I totally fucked up), but no amount of studying could prepare me for the onslaught of emotions that comes with trading. I feel ya dude, and admire you for being a man and owning what you did. I was in the chat room when it all happened and I could feel your pain right then. Hang in there bud.
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@my_monay hey man, i saw your frustrated comments you wrote in the chat today. I looked over some of your recent trades, and one thing stood out right away to me. i saw many losses over 10%, and even some over the 20% area. the number 1 rule in trading is to cut your losses quickly. never trade on hope. cut your losses quickly, and if you still believe in your initial read of the stock, you can always get back in later at a different price. cut your losses more quickly and that should help you a lot. try to keep your average loss below 5%. that will help you protect your money. don't forget, protecting your money and not losing it is almost MORE important then how much money you are making. good luck! i'll try to be of assistance, and i'm sure there are many other people in the chat who are far more successful than me (like michael goode, ask him a question in chat through private message and he'll help you) who are willing to help
TomPaperPractice Jul 08, 15 10:08 AM
also, maybe try paper trading for awhile until you refine your strategy, that way while you're learning, you won't actually lose any real money
my_monay Jul 14, 15 8:12 PM
I appreciate your advice man, and yes this is very frustrating.
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[TimAlerts] $DRMC possible pump and dump guys, received penny picks email
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[TimAlerts] DNRG holding support around .085
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[TimAlerts] $ONCY volume picking up and breaking some resistance
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[TimAlerts] $AXXE I received a promo email on this, possible pump and dump?
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Although the volume can be considered low, it spiked in volume on Thursday and lowered on Friday (still had more volume than normal though). Would have bought at soon as .013 resistance was broken and held over weekend. Contract Winner + Technical Breakout.
Wish I could edit - Grats on profits on position taken
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