These are my notes taken from the interview with Steven Dux and Tim Sykes. Originally taken on 07/05/17
- Wait for the perfect opportunity, It (the play) has to hit every one of your criteria
- Build spreadsheets and focus on what you are good at and what you are bad at
- Improve where you are bad at and advance what you are good at
- Record what pattern works the best, Watch the market, watch which plays are working, why they are working, what chart patterns is in play and what made the stock move
- Patterns that work 85% of the time: #1 - Shorting first red day. #2 - Dip buying huge panics. #3 - Shorting spikes. #4 - Shorting parabolics
- Learn to spot pattern as they are forming
- Create spreadsheets for the stock market. Have one for every day and a weekly summary on saturday. Decipher the daily chart to show what chart pattern the stock is doing/showing.
Here's the link to the video. Check it out, great material!
seems as if the video link didnt work =/ .... still look up the video on youtube. its worth the watch
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