Received 12 Karmas
jphotline
jphotline Nov 25, 15 9:22 PM

New trader here and thanks for expressing and sharing your exp so far with trading. I love how you're still not quitting on this day trading gig! Love the community so far in this. I'll def check out your videos and your adventure to success!

AndyVolk
AndyVolk Dec 25, 15 10:12 PM

Hey man. I really appreciate the honesty in this post. I'm also a new trader and it has been pretty tough for me to make gains as well. I also started out as a TimSykes silver subscriber. I watched a few of his videos, and I subscribed to his chat room for 2 months. I found it hard to get good entries into a lot of the stocks posted in the chat room, because, by the time the plays were posted, those stocks were already spiking. So doing your own DD is crucial for success,or you'll end up being a

AndyVolk
AndyVolk Dec 25, 15 10:16 PM

..bag holder for traders who got in early. I'm not knocking Tim's services, though. He does a great job laying down the foundation for beginners, and he stresses on us to adhere to very important trading principles (cutting losses early, etc). Still, there are many other helpful resources you can use: investorshub, equityfeed.com, investorsunderground, etc.

AirplaneJane
AirplaneJane Apr 04, 16 10:09 PM

Don't get discouraged. I was down $6K and took the time to study and paper trade. Find a strategy that worked and then it all clicked. Keep plugging away and it will get better.

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Received 1 Karma
strongheart
strongheart Sep 19, 15 11:10 AM

there's no ONE point ($3.99) that caused shorts to get squeezed. If you didn't notice, shorts got squeezed over and over again. Thursday and Friday.

Proptrader101
Proptrader101 Sep 19, 15 9:40 PM

this was a strong techical reason why the squeeze was likely and not just a random guess @$3.99. When market orders are making new lows, but price action isn't it 's a heads up to pay attention for a high probability trade@strongheart

strongheart
strongheart Sep 20, 15 1:00 AM

What are you looking at when you say market orders are enter new lows but price action isn't? Where's the divergence evident?

Proptrader101
Proptrader101 Sep 20, 15 1:13 AM

the bottom chart is market orders, click on the chart for a bigger chart to read the comments on the chart

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