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been practicing cut losses quickly. Still pretty bad at it. could have gotten out for a few cents a share profit. Ignored price action ( started dreaming of profit ). Will continue to do tiny trades until i react better to price action. Bought on the third dip. Would have been ok on first or second dip where there was some volume. Waited way too long. THis is not what tim teaches.

On 03/10/15 short 500 adxs 11.98 I covered for a loss of 619.20 1)Cut losses quickly. Didn’t 2) Work with 1 stock at a time. Bought two. 3) Revenge trading. missed entry bought when down $1 4) Never go all in. Built a small shorting account. Went all in 5) Position size. 6) Don’t touch any settings on your computer while getting ready to trade. 7 )BioTech. Tim Sykes rule is to not trade biotechs 8)If stock is not behaving consistently with your thesis get out

This was crazy gene got halted at 5:30 coverec 400 at a loss of .04 before i found out from twitter. Then Etrade told me it would be halted for 5 days. Next morning about 7;15 i noticed it was trading. didn't get what i wanted. Respected price action made a nice % gain left a lot on the table but played it extra safe
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.