April Trading Recap

[@KNO1412]

Amazing Tim, not only for the amount of money you were able to make this month, but because of the mental process of the trades you took, and also cutting losses quick. I am glad you talk about not letting the losses run and get bigger than the winners. I struggled this month with this and my losses were bigger than my winners. I will focus on this moving forward. Thanks man for posting recaps like this.

[@RenaissanceBoss]

Find myself watching these over and over and over...and over again. Pretty damn good.

[@nikolausrentzke2456]

Tim your awesome man. I have a really small account and im trying to grow it and im learning at the same time so I do have plenty of losses to start out. Not any huge losses I try to ingrain in my head cut losses quickly and I do win but I feel very discouraged when I do lose. But when I watched this video it kind of lifted me back up. Your videos do mean something so please don't stop making them and I love the monthly recaps. Great job this month and great motivation going forward

[@MLBERBERKING1063]

Nice come back Tim, couple of good lessons for newbies like me here

[@kccj12]

Tim I've been paper trading for 8 months after losing $1500 and I'm winning 54% after tracking my trades on excel like you and I'm up 200% so far on 25000 in 8 months

[@dgp3tuba]

+Kris Danielson what site do you paper trade on?

[@kccj12]

+dgp3tuba I paper trade on das trader it's a. Real time simulated with real time market data it costs $175\month

[@dgp3tuba]

thank you

[@kccj12]

Yes I'd go with das because at any other paper trading site the data has a 20 minute delay which you can cheat my looking up the price on Google lol

[@Genkish9990]

+Kris Danielson Paper trading does not prepare you for the emotions of the real thing. Waste of time in my opinion

[@ishsingh4251]

Thanks Tim for the insight. I am only starting paper trading, but your loss spreadsheets will be a real help in allowing me to track my losses.

[@chialor9505]

Damn, good job. Went from reddish, to sideways, to greens. Thanks for your monthly recaps! Waiting on your new recap on MGT.

[@osmanhussain3237]

I think your doing a great job your analysis at around 10 minutes in from 2014 - 2016 shows that. Well done.

[@wentuse4299]

Tim I have been making spreadsheets in excel for all stocks up 15 - 40% it helps so much being able to look at the probability and I have found my pattern with big earnings and investment news ending near highs, then squeezing on the second day. Thank you so much for your videos mate I am consistently winning now!

[@xcslv4u]

Awesome job Tim! This month had a lot of good low float plays (surprisingly considering that it's earnings season). I was following your profit.ly uploads on twitter and saw that you pretty much nailed every since big low float play. I missed the boat trying to play mid-large caps (Earnings and M&A's).

[@James-ip5gz]

Your organization is phenomenal! Fantastic video! Can not way to see more.

[@justgjt]

Interesting to hear your thoughts on setting your SL and not wanting MM's to see it, that is a common problem in the 4X market. IMO managing the trade and exiting for profit is the hardest part of trading.

[@justgjt]

Hey Tim. Great to see that your getting your mojo back. Have you changed your trading methodology or just your psychology.

[@kroyrunner89]

+justgjt mostly psychology, but if you watch video recaps from earlier months you'll see some method changes I've made mostly to managing losers and staying disciplined

[@roathripper]

love these updates, Tim, keep grinding!

[@giangngha]

Great mindset here: Every month presents its own amount of opportunities!

[@DedSec44]

very nice. keep up the good work! #daytrading #discipline #consistency

[@Team3DMathematics]

Hey Tim! Congrats on April. Keep those recaps coming. 2 quick questions: 1) you said you might consider going over some of your biggest wins as well during the recaps, any thoughts on that? 2) You did it back on the January recap i think, but do you mind continuing to show your most profitable setups win % each recap again? Back then it was your Bounce short and Overextended Gap down strategies that took the cake (70% win ratio), and I'm curious to see how each strategy's profitability evolves over time. Looking forward to your reply. thanks.

[@kroyrunner89]

+Team3DMathematics 1. I'll try to start including a couple of these in each recap! 2. I just stopped tracking these in the last few days actually, I haven't decided if I want to get back to it in May or not, but if I do I'll update next month!

[@haydenbowles2953]

Hope to meet you in Orlando for the conference, I'm a 16 year old stock/options trader!

[@myagentdeontia]

Great lesson tim...

[@grindTIME1985]

Tim G > Tim S You the real MVP

[@PatrickPinstripe]

haha S is just more 'productized'

[@tradethefade8490]

+grindTIME1985 I agree with you 100%

[@BobRiddell]

we need this market again where the hell did she goooo???????

[@kevinr.9896]

Thanks for continuing to post here and twitter watchlist

[@OmarHoffi]

Great job man. You really inspire me

[@ImadUllah-fc6ih]

its seems like i am watching a classic , because at the time of upload of this video i was in 6th grade

[@canyiah]

When you let your winners run do you have a target in mind or just take profit when you think the trade is done? #tradinggoals

[@kroyrunner89]

+canyiah i guess i usually have some sort of idea about how far it can fade, but i don't get stubborn i'll still cover when i think trend is changing

[@ScalperSpecltr]

Tim, hi. Quick question. I really hope that you will answer to this question. Please can you let me know if you keep all your gains piling up in your brokerage account, or do you withdraw funds on a periodical basis?? thanks.

[@kroyrunner89]

Early in my career I'd withdraw to pay tax estimates every quarter. I also have had times where I've opened additional accounts at other brokers for more locate options. But yeah I'll withdraw sometimes if the amount in account is too high

[@sennatrader8188]

well done

[@mohanadelnokali]

great job Tim, what is the amount of $ you're trading with ?

[@kroyrunner89]

+Mohanad el nokali i have four brokers, each with around $100k in it. my largest position size on any one trade this month was about $50k

[@christill3693]

Hi Tim, I'm just new to trading, been watching yours and Tim Sykes videos obsessively trying to learn everything I can. You are an inspiration! How long did it take you to start making profits?

[@chesterz4k108]

hey man, its been w while since you commented. how is your trading going?

[@singhizhem]

Hey Tim. Thanks for the video. I am still not able to successfully trade with Level 2's. There seems to be so much in fakeouts with the asked gets stacked and all of a sudden it whipsaws to the bid which litterly scares me into entering a position. Any advice with this?

[@kroyrunner89]

+singhizhem sounds like you're too focused on it. it's really only useful for me with volatile, liquid otcs. for listed stocks, i'm maybe keeping an eye out for large bids/offers, but aside from that 90% of my decision making is chart-based. hope this helps!

[@vusurivinay]

hey Tim where can i get your dvd can you reply me the link .....

[@TheGrandMgM]

For your OTC scan, it's regular securities, stock split, delinquent, foreign, and bankrupt? Correct me if I'm wrong, thanks

[@TheGrandMgM]

Also why do you even trade NASDAQS, why not just OTC

[@TheGrandMgM]

+TheGrandMgM And are OTCS safe to swing

[@kroyrunner89]

+TheGrandMgM you're right about what i scan for. unfortunately, the OTC market is total garbage compared to what it once was. the days of blatant promotions appear to be ending, as the top current promoter "finestpennystocks" just had their second pump in a row halted. if it's a blatant promo, i would NEVER hold long overnight at this point. there are still other otc opportunities, but they are much rarer than they used to be. so that's why my main focus is nasdaqs now

[@TheGrandMgM]

+Tim Grittani Thanks for the reply and ah man I wish OTCS were as great as I hear they were thanks Tim ur the best

[@TheGrandMgM]

+Tim Grittani And why do there need to be promotions for OTCs, why not just find a good otc chart, or are the good charts much rarer too. man I really wanted to trade OTC :/

[@AlexPrimus]

Hey Tim, congrats on your success... As for the comment you made about not wanting to put stops because you are afraid others see it and gun for the stops - there's a way to have stops orders don't go to the broker. You can have someone make a program that will save your stop-loss values and then will then send it to the broker using their API once its been triggered. You can setup the program on a reliable hosted machine (i.e. a dedicated VPS). Also, I believe some brokers already have hidden stops order. They basically keep the order on their servers and send it to market once its about to be triggered.

[@kroyrunner89]

that's very interesting - thanks! i'm going to have to look into that a bit more and see what i can learn

[@AlexPrimus]

Tim Grittani You're welcome... I suggest a site like "freelancer" to get experienced coders to bid on your custom projects. It'll keep the price down and the cost of coding a few simple projects will literally be paid for in 1 trade. When you look at it that way there's no down-side (an arbitrage trade of sorts). All the best to you...

[@kroyrunner89]

appreciate the recommendation! i'll definitely be checking that out!

[@adesireforyou]

Tim whats your thoughts on $WPFH as news broke out Friday ?

[@adesireforyou]

+adesireforyou can it climb, drop or just stay steady ?

[@Zchalabi1]

tim. how much do you put toward a trade to make that 10k profit in a day on an average you probably need atleast 200k of buying power to make 50k+ in a month

[@kcee2500]

+Zaid Alchalabi dude thats not the point. Tim started with very little money. Like 1500$. obviously now he's using more per trade but the concepts and principles are the same.

[@kroyrunner89]

+Zaid Alchalabi i don't think i had any more than a $50k position in any one trade this month. of course i didn't always trade with this kind of capital though, consistency and baby steps got me here

[@Zchalabi1]

+K Cee i know i know im just trying to visualize the goal with how much capital. not trying to hate on his profit. on the contrary. i loved his dvd and watched all the hours in 2 days. was very informative. but just trying to see for future reference

[@Zchalabi1]

+Tim Grittani great. i started with 5000 didnt make more than 100$ profit but thats becausw my chatroom alert all stocks with 70$ per share and more which is why im getting stockstotrade and signing up for tim silver plan.comission is killing me on the small wins with low shares due to shares being almost 100$

[@Zopdoz]

+Zaid Alchalabi $70 or more ? with a $5000 account, jesus! Lol, get yourself into TimAlerts, there you'll get the preferred stock picks in your range.

[@DJEmonTV]

Where can I find Tims watchlist??

[@onee]

+DJEmonTV Follow his Twitter account. But he doesn't tell what his game plan is. He only tells you which stocks he will watch that day.

[@kroyrunner89]

+DJEmonTV I tweet it daily @kroyrunner89

[@user-vx6hm8fs3v]

amazing!!!

[@kccj12]

Did you trade $PRGN?

[@kroyrunner89]

+Kris Danielson I've only had one small long on it so far that I managed poorly, I'm terrified of the tiny float so I doubt I ever do much with it short

[@adebayooladipo3087]

This looks more like gambling... Risk/Reward is extremely poor.