So here's how I do my homework assignments that I was told to do from Joel. He said Take 1 of Tim's trades for the day, take about an hour per day and #1 where did Tim Mention the symbol on his watchlist. #2 Why did Tim put this on his watchlist. #3 Why he Bought Or sold It. #3 Why he made money or Lost. This has probably been one of the Most Valuable things that I am doing to fully understand the trades. I am pulling his trades apart like a forensic scientist. Here is an example of how I rip apart his trades. The Charting Is probably the most helpful. And when you see Links in the trade section, read it, Watch it, learn it, live it. The Related Posts that he puts there, Read it, Watch it, Learn It.
Monday August 7th
XXII 11:41am trade posted.
Added to watchlist August 7th 12:22am
ENVV, PGSY, RETC, SLDC, NSRPF, LBUY, TMQ are the pump-looking charts I watch every day, I nailed predicting the LBUY morning panic in this video lesson, but the bounce was weak and I mistimed trying to catch the bottom a bit...will look to re-buy any more big panics this coming week, but I will NOT just randomly buy these as we see many of them are failing to bounce entirely so have ZERO expectations and you won't be disappointed...and if I buy and it takes out the day low, I simply cut losses quickly, don't try to be a hero and double up and triple up due to stubbornness, very important on these plays...LBUY is still one of the top ones I'm watching, but its lack of bounce means it could crash much further first...RETC had a nice end of week finishing up 45% so let's see if the selling is finally done there and it reminds me of how ENVV had a similar delayed bounce off a giant multi-day crash too.
OMVS, XXII, ESIO, GPRO, WIFI are some stocks displaying utterly perfect multi-month breakouts...WIFI is expensive, OMVS and XXII are both frothy (although that Bloomberg article Friday helped XXII a lot), ESIO is choppy so GPRO is what I went with Friday buying the dip on the multi-month breakout above 9.40...but it's a bigger company so it's a bit choppy too and I got freaked out when it wasn't bouncing right...only an hour later did it really start moving so long story short, I prefer trading pumps as these bigger companies usually scare me out even when I am on the right track! Potential dip buys only, I will not chase any of these.
MTBC, MBRX, AEZS, AVEO are all recent runners with poor histories of follow-through spikes (hence why they spiked up so much this time as over-aggressive shorts are caught thinking they'd be weak as always) so I want them to bounce as high as possible for potential shorts
TimChallenge, TimAlerts, Pennystocking Silver, Millionaire Masters Program
Posted Aug 07, 12:22 AM
$528 profit XXII Long Stock by timothysykes
Entry comments: I bought a small position here on the big dip off the 2.80s, should have support in the 2.20s, goal is to make 15-30 cents/share on the bounce, nothing huge hence the small position, variation on http://tim.ly/dipbuysykes
Exit comments: Nothing huge here, the short was far better for many students, but I'll take this easy dip buy money midday, will do video lesson on it later today too, it's a variation on the http://tim.ly/sykesmorning morning panic pattern
Posted: Aug 07, 11:41 AM/ 5/$
Related Posts
· 13 Hot Stocks To Watch Like $ONDK
· #5074, 5075: Differentiating Between Dip Buys On $GPRO $XXII $LBUY $HPJ
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Total Views |
879 |
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Date |
Price |
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Entry |
8/7/17 |
2.30 |
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Exit |
8/7/17 |
2.41 |
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Position Size |
5000 |
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Percentage |
4.78% |
timothysykes
EVERYONE should watch the Mark Croock's video last week on $XXII that Jew nailed it http://tim.ly/2wAyFcn
Posted: Aug 07, 10:17 AM / $
timothysykes
But I wouldn't chase $XXII here, the key was to be long overnight, congrats tot hose guys, I missed that opportunity
Posted: Aug 07, 10:22 AM / $
timothysykes
$XXII potential dip buy into panic for me, but as I said it was frothy in last night's watchlist so congrats to shorts
Posted: Aug 07, 11:37 AM / $
timothysykes
$XXII now bigger bounce to the $2.50s, congrats to all dip buyers, didn't expect it to go green on the day again but nice to see how much upside these bad boys have
Posted: Aug 07, 3:06 PM / $
Tim put this on his watchlist for being a Multi Month breakout, but advised was fr
Hey Thank you for the comment it is very well appreciated. In the challenge we are all given homework. I do this every night on tim's trades.It's a valuable lesson.
Agreed, thanks for sharing.
Wow! Way cool.
well done
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