What a great morning out of nowhere! My longterm subscribers are loving me for the now 100% winner on ITKG, we held for months and nothing happened and the solid spike up in VGGL as I've been long for several weeks in the low 3s...and then short-term newsletter subscribers couldn't have gotten a better buy alert on VGGL than at 3.56 after the initial morning spike wore off...learn to anticipate trades like these, Spikeability will help bigtime, congrats to all longs on both VGGL and ITKG!
Posted Sep 29, 14 11:14 AMbytimothysykes
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Great lessons on risk/reward and learning not to be perfect. Thanks! I'm super excited to early bird your Spikeability DVD
Tim, Thank you for another great lesson on risk reward.I thank you for your mentor ship..
It's a beautiful thing! ITKG is setting up for a beautiful short when the longs are done.....
Great job, Tim
Have been missing out on some very great plays. Have been watching Tim's DVD's (a lot of material to learn). Should be partaking very soon!
Thanks Tim!!
WOW what another great find. that stock Exploded! nice $1.00 gain per share if people held that long. Love the spike action to 4.50
Thank you Tim. I appreciate your hard work!
Great Lesson! watched it a day late and realized thats the exact mistake i made today on SCOK, I didn't manage my risk reward bought in the morning spike at 3.83, cut losses quickly at 3.69 just to see the stock soar back up to 4.34. Thanks Tim!
Tim has grown a lot as a teacher. Loving these new video lessons!
Great risk / reward lesson.....
great calls on both of these.... love how wall street doesn't care about this... profit or be perfect? not even a question please........ (profit)......
watched!
great video, i'm starting to notice sometimes when you dip buy you don't necessarily know where the support actually is, but just have a guess or wait until it base's and finds support on its own or has a green uptick/candle showing it change in momentum. b/c the low on this stock was further than .10/.15 cents below, as you mentioned. So It seems that you are only willing to risk .10/.15 cents which is good, b/c you show us you have a plan before you go in / idea, and you establish risk.
This lesson goes into explaining how you must go into a trade based on indicators and not let emotions get in the way example not chasing a spike letting it come down seeing how well it holds support etc its about gauging your thesis on a trade by the r/r if your risk is bigger than your potential gain then its a poor r/r but when you look for indicators you initiate your positions at key levels like support making your downside/risk small (if long) But your upside much greater.
The importance of Learning the patterns/Rules and sticking to them At all times Really good lesson.
excellent video, great example of a stock with spikeability! Buy on dips to lower risk, then sell into bounces/spikes. If wrong, then cut losses quickly!
Great lesson. VGGL had a double top in the day which once it hit first spikes resistance, it came down roughly 10-15 cents and then came back and broke out. Great technical analysis. Thanks
Dips rule, at least for sykes :D
TY Tim
Nice video on $VGGl. Has history of failed spikes which it did look like it was doing this morning after the big morning spike. However, when the stock holds up and starts to base for a good amount of time you have to think that this can still bounce. All those shorts that expect this to just crash will need to cover and people dip buying on the good earnings will buy. The stock is going much further than expected but if you focus on the meat of the move you will get a good chunk of it.
great
thank you Tim
Swell Info
watched and learning.
Thanks
Thanks Tim
Thanks, Tim!
Thanks Tim. Know the past, know key levels and buy with good risk, reward
none
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Very Informative Lesson! Thanks Tim!
Thanks Tim
Video watched. Thanks.
Thanks Tim
Thanks Tim awesome video!
Thank you Tim
Thanks Tim!
Thanks Tim
Thank you!
Learned something here. Thank you.
Thank You Tim!
Thankyou Tim for great lesson!
Thank you Tim.
Thanks Tim.
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