This is my 8th month trading. I'm a newbie. I had a 4 month period where I made no trades at all. (Long Story).

I've been using Stocks to Trade and Trade Ideas every day for the last 2 weeks. If you learn how to utilize the software and use some of the things Tim teaches, you will be in front of at least 1-2 stocks that will run 10% or more every morning. There's something there almost every morning. Most of the trades I've made or at least followed since I've been using the software all produce their results in the first 20 minutes after the open.

You new guy's have to spend the money. You can't find the plays without the software. You'll be behind everyone else every day and you'll wind up chasing. STT is a great value because you're getting the news as well. You don't need to go hunting around looking for the catalysts. I give myself 45 minutes premarket to look for the premarket gappers. I can see right away on STT what the catalyst is. Earnings, SEC filing, contract, etc. From there I look for areas of support & resistance and determine where I would like to enter. I'm usually only looking at 3-4 stocks at a time.

I study every day. I've been through the How to Make Millions dvd. I watch countless video's on Youtube. The more you study and learn the more you'll see positive results. My advice to the newbies like me is to not swing for the fences on these trades. Take those 5-7% profits. They add up. You must know going in where you'd like to get out and more importantly where you'll exit if the trade goes against you. Stick to the plan.

BTW. I have not been paid to endorse Tim or Trade Ideas in any way.

 

Good luck to all.........................keep studying!