"Trading Tickers" Clip #2, $23k BIOC Short into Resistance

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Tim Grittani

Tim Grittani

Күн бұрын

Пікірлер: 188
@kledjanmema6711
@kledjanmema6711 4 жыл бұрын
Who is still watching in 2020? :)
@PatrickPinstripe
@PatrickPinstripe 9 жыл бұрын
Man you're so much better at this teaching thing than errrr my current guru
@EvolveMediaAgency
@EvolveMediaAgency 9 жыл бұрын
Mr Patrick Its because he explains it very well and is organized and doesn't go off on tangents. He sticks to the point only giving you the mains things. Its good to learn from many people. If your serious about trading, I'd consider also following Nathan Michaud with Investors Underground. Tim, Tim, and Nate are combined a wealth of serious knowledge.
@peaceandlove40
@peaceandlove40 3 жыл бұрын
it already five years now , how it goes with your account sir ?
@spinach3996
@spinach3996 9 жыл бұрын
Thanks for sharing this chapter, will definitely buy the DVD when I can better afford it.
@jahkojay301
@jahkojay301 5 жыл бұрын
@@camerynworden4401 U don't know sheit, you're face is a scam
@emranraju786
@emranraju786 4 жыл бұрын
I bought it it has really good information that can help a lot with trading.
@garyporter6357
@garyporter6357 3 жыл бұрын
Thanks TG for analyzing your trade, visuals always help with train of thought. Good job!
@xPdididi
@xPdididi 4 жыл бұрын
One of my favorites - thank you so much Tim!
@Zchalabi1
@Zchalabi1 8 жыл бұрын
loved your dvd very detailed and really really nice i love how you were so detailed on scanners great help
@Brandon-wp2yt
@Brandon-wp2yt 5 жыл бұрын
how does he set up the scanners?
@crystalklug1153
@crystalklug1153 4 жыл бұрын
Appreciate your comments and explanation, as a newbie been paper trading and a few times got into situation where I had to short because of a mistake And realized I had actually made some money. So thought would start to study more about shorting. And definitely needed to study more about tickers. Thanks
@mtmsxp
@mtmsxp 5 жыл бұрын
Thank you Tim so much for sharing this video clip. It has shaped my strategy tremendously and become the center point of what focus on. This is an amazing video.
@Justin11897
@Justin11897 4 жыл бұрын
You got skill like no other bro😁👌. No 9ema, macd, Rsi, just you and the chart😁🤝💯💯💯
@austinsanders7577
@austinsanders7577 9 жыл бұрын
one of the best live trading videos i've ever seen. great job Tim, and congratulations!
@Wrongtimeline33
@Wrongtimeline33 8 жыл бұрын
I couldn't have said it better my self Austin
@GutterballGaming
@GutterballGaming 5 жыл бұрын
your youtube videos have helped me so much cant wait til I can afford you dvd I will be buying it thanks again for taking the time to try and help us all
@JunPasion
@JunPasion 4 жыл бұрын
Hi Tim! Thanks for this actual trade presentation.
@eljuanramon
@eljuanramon 4 жыл бұрын
this is a classic, feel like it was yesterday!!
@mexchewy
@mexchewy 9 жыл бұрын
You're right about not following your style BUT you are also right about how this controls the emotions.
@DeltaDJ2006
@DeltaDJ2006 9 жыл бұрын
I'm new to the stocks, but I'm learning so much from you, thank you
@DeltaDJ2006
@DeltaDJ2006 4 жыл бұрын
@Super Alpaca 4 years later LOL, Great man just Great I think I mastered stocks, I'm doing Great
@DeltaDJ2006
@DeltaDJ2006 4 жыл бұрын
@Super Alpaca no I'm good thanks tho, no fish here not even a nibble, lake is dry, all fish here are now in the ocean, BIG Fish even Whales go deep sea fishing bro, don't waist your time in small lakes. By: James DeLeo have a great day
@ansonpeterson6004
@ansonpeterson6004 4 жыл бұрын
Finding trades is like finding fish. Fish can be randomly caught in any part of a lake, but they tend to congregate in specific areas at different times of the year. Similarly, big trades can be hooked at any point on a chart, but they appear with greater frequency around the edges of the SQB-AMAC zones . If you want to capture big moves then you should look at trading this strategy. Yuril zubong brings hedge fund standard with this strategy.
@spinity8468
@spinity8468 2 жыл бұрын
Hello Tim! I know you do not have this DVD, but can you still share the videos from this DVD?
@James-ip5gz
@James-ip5gz 9 жыл бұрын
Fantastic video.. HIGHLY appreciate these fantastic clips!
@nguaial8490
@nguaial8490 7 жыл бұрын
Tim, can you explain how do you scan stocks and pick out the good ones to trade? thanks
@1Eddyv
@1Eddyv 5 жыл бұрын
Beautiful trade!!!! You make it look easy. Thanks for sharing
@richardtaing7096
@richardtaing7096 4 жыл бұрын
When you said this is only about less than a dime a share, how did you calculate that? Didn't you avg at 4.01 for the position? im confused ... Not sure if you even look at these any more but why not ask (: I know this is old but Sykes always says study the past!
@ciceroaraujo5183
@ciceroaraujo5183 6 жыл бұрын
U r an amazing person teacher
@curioustrades
@curioustrades 6 жыл бұрын
$BIOC 1-16-19 intraday chart 3.70 topped. The patterns never change because human nature never changes . :)
@AhmedOsman-lx2yu
@AhmedOsman-lx2yu 5 жыл бұрын
Same pattern on BIOC in May 2019 except that time it didn't work RIP
@jayzee2634
@jayzee2634 6 жыл бұрын
Quick question at roughly 12:22-12:32. It said "buy" on his list, how is he shorting? Is "buy" another term used for buying to short? Sorry, I'm still learning
@kroyrunner89
@kroyrunner89 6 жыл бұрын
when you close a short position, you buy back the shares that you shorted to net out to no position. so think of it as a normal trade, but in reverse. first you "sell" to open a new position, then you "buy" to close it
@miltonfriedman2226
@miltonfriedman2226 5 жыл бұрын
Scaling in and out might be your edge don’t give it the sloppy “it might not work for you” getting the money on every stretch is really important, overbought / oversold conditions are very dangerous to buy / sell into, you have adaptable positions, that might be the very reason you are consistent. Securing the gains every step of the way is a very very clever decision to factor in the increasing odds of the price coming right back at you. I never thought of it like that, not taking profits along the way when the odds are stacking against you is gambling even when you have your risk set. thats next level risk management. Brilliant.
@danielarguelles9799
@danielarguelles9799 Жыл бұрын
I'm late to the game but thank you for sharing all this knowledge, Tim
@shafiwa.2601
@shafiwa.2601 5 жыл бұрын
Thanks Tim.....!!!
@danieldalton2035
@danieldalton2035 3 жыл бұрын
Good stuff .
@JuanRomero-nt5vi
@JuanRomero-nt5vi 6 жыл бұрын
I wonder if this would work on mid caps as well.
@lifewithmusic5003
@lifewithmusic5003 7 жыл бұрын
Amazing Thumbs up and Subbed, watching more and more of your videos
@ChrisSmith-ev6qx
@ChrisSmith-ev6qx 6 жыл бұрын
Thank you Tim G. for sharing ... :)
@KT-su4xw
@KT-su4xw 7 жыл бұрын
Hi Tim! Thank you for sharing this clip i learned a lot from this. however, i have one question, why did you chose to short this day as the previous day closed strong ? looking at the past there were 3 big candles of gap up even after not closing all the way to the top? What made you knew that 4.10 resistance will be in play today compared to it blowing all the way up on those 3 previous big candles? Thank you. Looking forward to purchasing your dvd soon. are we getting any promotions anytime soon?
@roybivens7837
@roybivens7837 6 жыл бұрын
Thanks Tim.
@PeterRodner
@PeterRodner 7 жыл бұрын
Great lesson!!! More videos please
@timsmith4390
@timsmith4390 6 жыл бұрын
Great trade and I like how you broke it down.
@Nibbylol
@Nibbylol 5 жыл бұрын
Is there perhaps a way to have a simliar setup and use the same program to practice?
@hfsgeneral1
@hfsgeneral1 5 жыл бұрын
This DVD course has English subtitles?
@kroyrunner89
@kroyrunner89 5 жыл бұрын
I did not add any, sorry!
@tc3724
@tc3724 6 жыл бұрын
Hey Tim, I really enjoyed Trading Tickers! What custom filter did you use to get your chart like that on top?
@myagentdeontia
@myagentdeontia 6 жыл бұрын
Great trade ..very good Information
@camerynworden4401
@camerynworden4401 7 жыл бұрын
why didnt you use that 5 area that had resistance and a lot of volume what made you choose 4.10
@Savage-do3vz
@Savage-do3vz 4 жыл бұрын
tbh if the stock was a day 1 play, 4.5 and 5 dollars would have been a better resistance level. However, this was day 2 of the stock's move up so it's already overextended enough. However, if this was first day of running up i would have def. played off of that 4.50 to 5 dollar area.
@Team3DMathematics
@Team3DMathematics 9 жыл бұрын
Hey man. Love the way you simplify things. Saving up to buy your DVD b/c honestly i don't know anyone else who simplifies things the way you do. got 3 quick questions for you though, and am very curious to know your opinion: 1) if you were master at both long or short, and only had to pick one (based on speed of price movement, chances of being right long term etc), which would you pick and why? 2) Out of all your trading strategies (buying OTC pumps, shorting overextended spikes etc), if you had to pick just one for the rest of your trading career, which would it be and why? 3) Last, out of Volume, level 2, and the chart pattern (flags, double tops etc), what do you think is the MOST important (i know they all are, but if you had to choose one). Thanks a lot man. Love your humility too.
@kroyrunner89
@kroyrunner89 9 жыл бұрын
***** Thanks for the kind words, I really appreciate them! 1. I would pick short, I feel like there are more opportunities day to day, and for me at least, I wind up sitting back and letting the trade come to be a lot more. 2. Shorting overextended spikes, this is a setup i think will always be around. Also, listed stocks trade SO much more volume, so it's possible to take far more size as you get better and better. With OTCs, you're often very limited by the volume. 3. Chart pattern for sure, especially what the daily chart looks like!
@Team3DMathematics
@Team3DMathematics 9 жыл бұрын
Tim Grittani thanks bro. currently running through each of your blog posts on blogspot one at a time. wish i had discovered it years ago. hopefully with your advice i'll be able to break the 25K barrier and finally be free of PDT. im so close to it too. Take care brother.
@James-ip5gz
@James-ip5gz 9 жыл бұрын
Tim Grittani What's up Tim. I'm curious as to why the daily chart is your favorite. Is it simply personal preference or is there more to it than that? I'm brand new and only have 2 days (paper trading) underneath my belt. I watched a ton of Tim Sykes's vids and learned about options as well. Excited to be beginning my trading journey and always looking to increase my knowledge bank. Thanks.
@kroyrunner89
@kroyrunner89 9 жыл бұрын
James Kolesnikovich for me, the daily chart is the "big picture". you want to see the long history of the stock, and previous areas where dips held, or spikes failed. it gives you an idea of where the stock typically runs into trouble when trying to move one direction or the other. now that's not to say these levels will hold 100% of the time, but it just helps me make my decisions and judge where to base risk levels off of
@James-ip5gz
@James-ip5gz 9 жыл бұрын
Tim Grittani I appreciate the reply. So support/resistance levels are "stronger" on longer time frames due to the price not being able to breakthrough for days at a time, compared to only minutes on a minute chart.
@Nibbylol
@Nibbylol 5 жыл бұрын
Hey guys..which software is this that Tim is trading with? i love the setup..is there a way to get a profile of some sorts? i know you can unlock and move things but im not sure what the names of each of these windows will be..any help would be appreciated
@kroyrunner89
@kroyrunner89 5 жыл бұрын
the charting software is "thinkorswim" from TD Ameritrade. The level 2 is from "DAS Trader" which many brokers offer. The trades themselves were being placed on a platform called "Sterlingtrader" through the broker Centerpoint
@noahliang9553
@noahliang9553 4 жыл бұрын
Hey, Tim, Which broker are you using for short?
@mco157
@mco157 7 жыл бұрын
Did you already reserved the shares or were they available? Tks in advance!
@edwinwong2250
@edwinwong2250 9 жыл бұрын
Which broker should I use starting out as a beginner? I have already read your blog and sill undecided.
@Kochos
@Kochos 5 жыл бұрын
bro the background sound is soothing oh my god
@Firstmajortomlikestoticker
@Firstmajortomlikestoticker 7 жыл бұрын
Awesome trade
@hfsgeneral1
@hfsgeneral1 5 жыл бұрын
you use your strategies showed in this DVD to trade listed Stocks small caps from NASDAQ and NYSE?
@smartinvestor9348
@smartinvestor9348 8 жыл бұрын
Tim, $4.07 was the short area based on major day resistance. so what was your mental stop limit here.
@erickcarrillo8687
@erickcarrillo8687 6 жыл бұрын
Ooooooo i get it patience is virtue
@AldosWorldTV
@AldosWorldTV 9 жыл бұрын
Are you using TOS for your level 2s?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
+AldosWorld TV my level 2 is coming from my "speedtrader pro" broker, their platform is "DAS Trader"
@AldosWorldTV
@AldosWorldTV 9 жыл бұрын
Oh ok, do you not recommend TOS lvl 2's per say? It's what I have right now. Kinda just starting out
@kroyrunner89
@kroyrunner89 9 жыл бұрын
+AldosWorld TV it's not my favorite, a bit laggy imo
@cwasonga7
@cwasonga7 9 жыл бұрын
Hey Tim, Thanks for the vid. Since you only care about technicals not so much the company are candle sticks a must for someone to be able to trade your style? If so where did you learn candles and do you go over that in dvd? thanks
@kroyrunner89
@kroyrunner89 9 жыл бұрын
cwasonga7 absolutely, i would not recommend trading with line charts, as candle charts just give you SO MUCH more information. I actually have a segment about that in my DVD too. I think there's some books out there as well on how to read candle sticks, maybe just google it though I don't do anything too advanced with them I just want to know the basics of what they mean
@rayoriley7649
@rayoriley7649 7 жыл бұрын
Thank you
@stocksofk389
@stocksofk389 3 жыл бұрын
Who is the broker? I see he is using das trading pro for the software...
@agoracomgeorge8405
@agoracomgeorge8405 9 жыл бұрын
Tim, great video. 1. Do you see all that in 1 screen? 2. What trading platform are you using?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
AGORACOM George Thanks! 1. Yes! That's actually just lower right corner of one of my monitors haha 2. Thinkorswim for free charting, DAS Trader (through speedtrader) for level 2, and Centerpoint Securities to trade through
@graphicboy
@graphicboy 4 жыл бұрын
to those who new. He is putting $180 000 on BIOC stock in order to make 23k. Just around 10% gain
@josephfacada2234
@josephfacada2234 7 жыл бұрын
hey tim I have a questions why were you looking to re short into the 3.90s area. If i was doing this I would just take profit and finish the trade after it goes down to 3.70s
@LouisPetrides
@LouisPetrides 9 жыл бұрын
Can you make a video of simply the software, broker and scanner you use every night?
@kreed1004
@kreed1004 6 жыл бұрын
so you originally bought 24k worth of this stock in your short sell position?
@vigilasofsweden9975
@vigilasofsweden9975 9 жыл бұрын
Perfect trade, perfect!
@kirbycoe4293
@kirbycoe4293 4 жыл бұрын
Nice!
@noahliang9553
@noahliang9553 4 жыл бұрын
Long time ago video, but I still have a question. If it break, how much will lost with this size? How much do you set your max loss before you put this order?
@kroyrunner89
@kroyrunner89 4 жыл бұрын
If I stopped out perfectly it would be roughly $7k loss, but i assume some slippage in this situation so probably a bit higher
@collegedaytrader480
@collegedaytrader480 6 жыл бұрын
this was beautiful
@kal6650
@kal6650 4 жыл бұрын
thanks !!!!! gold
@Zchalabi1
@Zchalabi1 8 жыл бұрын
tim. do you use hot keys that already programed to 1/2 and 1/4 shares or you actually type how many shares you want to cover also do you use market order to get filled that fast ?
@kroyrunner89
@kroyrunner89 8 жыл бұрын
+Zaid Alchalabi i use limit orders, usually putting my price to whatever the offer is. i also type the number of shares myself, but presets to do 1/2 do exist if wanted
@SamDustin0077
@SamDustin0077 6 жыл бұрын
is Centerpoint still a good brokerage to find shorts? Do you still use it? How is the htb fees?
@kroyrunner89
@kroyrunner89 5 жыл бұрын
yeah their fees can be a bit high, but i gladly pay them to get the shares in the first place. they still get me locates more often than anywhere else, although speedtraderpro and cobra are decent options too
@qqqqqqqq1407
@qqqqqqqq1407 8 жыл бұрын
so are the charts in TOS up to date to speedtrader's data?
@kroyrunner89
@kroyrunner89 8 жыл бұрын
yes both are realtime data, although thinkorswim may have a split-second lag
@qqqqqqqq1407
@qqqqqqqq1407 8 жыл бұрын
thanks Tim.
@kamranijaz5678
@kamranijaz5678 6 жыл бұрын
Hi Tim. Hope you’re doing well. I’ve seen all of your videos and they were extremely helpful and life changing lessons. Thank you for that. I just have one confusion to ask of. Are fundamentals important to you when you choose a company to go into a trade or do you mainly go by the chart patterns? If yes, what things do you mainly consider?
@yark618
@yark618 8 жыл бұрын
Is there a way to set up real time (or simulated real time) paper trading with an interface similar to this?
@West1010
@West1010 4 жыл бұрын
He is using Think or Swim broker. But what Level 2 is that? Is it a 3rd party L2 platform that he linked to TOS? I ask because L2 TOS in 2020 looks way different and is more difficult to read color-wise.
@kroyrunner89
@kroyrunner89 4 жыл бұрын
The level 2 is through "DAS trader" platform that many brokers offer, in this case it was Speedtrader
@West1010
@West1010 4 жыл бұрын
@@kroyrunner89 Thank you sir!
@berdi4berdi4
@berdi4berdi4 9 жыл бұрын
Excellent video Tim. Very well explained. I would like to know how did you handle starting with a $1500 account. Did you trade the same way your are now? Scaling in and out is tough in small accounts as commissions add up and is hard to be breakeven. thanks
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Diego Truninger I definitely didn't scale in/out as much, in order to save commissions. If I were to try to trade this strategy now with a small account, I'd definitely be a lot pickier with my entries and try to get in/out in 1 trade each
@ChrisBoulas
@ChrisBoulas 9 жыл бұрын
At the end of the video you mention you don't short weakness. It sounds counter-intuitive, but is it simply because there's less risk shorting strength?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
ChrisBoulas for me at least, i've found that most of the times i've gotten trapped on a listed stock is when i've tried to short into weakness
@ChrisBoulas
@ChrisBoulas 9 жыл бұрын
Tim Grittani Thanks. Looking forward to meeting you at Trader & Investor Summit.
@tooeazeful
@tooeazeful 6 жыл бұрын
Chris Boulas shorting into strength into Major resistance on the daily chart has potential for a bigger gain then shorting into weakness. Weakness usually just consolidates with no big return
@miketeacherabc9508
@miketeacherabc9508 7 жыл бұрын
Hi Tim what trading platform do you use?
@tesfayet11
@tesfayet11 7 жыл бұрын
that was a thinkorswim platform
@samkarman6717
@samkarman6717 5 жыл бұрын
@@tesfayet11 bruh that's etrade lol
@tesfayet11
@tesfayet11 5 жыл бұрын
@@samkarman6717 nuhh, chart is in TOS
@AdlinLing
@AdlinLing 9 жыл бұрын
Good stuff!
@vicerock4
@vicerock4 9 жыл бұрын
Hi Tim, im sorta new so please don't think this question stupid....but what made you think it safe to short sell at 3.96 into a MORNING SPIKE......how were u so sure that it would bounce off the 4.10 area.....weren't u concerned that it might break it and surge?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
+Travis Liburd although i do touch on that a bit in this clip, it's something that gets explained more in depth in the chapter introduction when i'm outlining the strategy
@michaelpyouknowme
@michaelpyouknowme 9 жыл бұрын
+Travis Liburd It is a pattern chart look at the 1y 1D CACH chart today 2/18/16... it was the 1st day spike yesterday and since penny stocks are so predictable, they mostly always fail, so today after the morning spike it went green/red... they are crap companies.
@michaelpyouknowme
@michaelpyouknowme 9 жыл бұрын
+Travis Liburd If you see this, look at NNUP for tomorrow 2/18/16 and see if you can try to find out when it might fail. Remember by looking at the 52 week chart that it has failed at .040 on 2 different occasions.... AND yes I'm sure Tim was concerned that it might break that barrier but if it does that's why he says he would cut losses early, it will be a loss but at least you cut them before the loss becomes too big.
@michaelpyouknowme
@michaelpyouknowme 9 жыл бұрын
+Travis Liburd So in this case, (NNUP) because the resistance point was broken, which was that .040 that I was talking about above, it created a new 52 week high, as long as you watch it to see that it wasn't a fake out then you would want to buy that stock because as the Tim's say, you usually always want to buy breakouts because they make new highs.
@smartinvestor9348
@smartinvestor9348 8 жыл бұрын
+Travis Liburd he shorted into major resistance.
@gambno7756
@gambno7756 9 жыл бұрын
Hi Tim. Nice videos bro.How many stocks do you typically trade at one time? I have trouble trading more than 3 at a time
@kroyrunner89
@kroyrunner89 9 жыл бұрын
+Gam Bno i probably trade 2-3 at a time at most, but every now and then i'll try to juggle more but ya it's tough
@gambno7756
@gambno7756 9 жыл бұрын
Oh Ok cool
@TheQwertyPwner
@TheQwertyPwner 9 жыл бұрын
Why is it that you choose 4,10 as a reference point? I know you said its because of the volume on those days where it hit 4,10 but in the chart you can see that before that 4,10 point it hit 4,90-almost 5 why bot take that as a reference point?the volume was also good there
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Kevin Costa Well it's mainly that 4.10 was the first major resistance point, had it made it through there I would have cut the loss and then regrouped and let it spike more and then started my next position playing off that 4.90 area instead. But since 4.10 had failed the last time it was running, I thought good odds it failed again here
@dovrosen2644
@dovrosen2644 8 жыл бұрын
Thanks for this clip - just s couple as: 1.does the same strategy apply to a stock that is making higher highs on the daily chart, or did you short rhis from previous resistance because it had been making lower highs? Meaning will you short an up trending stock on major resistance? 2. Did you take size off at 3.90 (first crack) because that was green/red and you felt it could act as support?
@dovrosen2644
@dovrosen2644 8 жыл бұрын
Sorry I meant 3.90 open price not green red
@SuperDshanks
@SuperDshanks 9 жыл бұрын
What program do you use?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Dylan S DAS trader for level 2, thinkorswim for charts, and the broker I made this trade in was Centerpoint Securities
@kevinhu312
@kevinhu312 9 жыл бұрын
For the charts and level 2, does it cost you money every month even if you don't trade with those accounts ?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Kevin Hu my charting software is free, level 2 comes with the broker and costs money but there is no charge if i generate a certain amount in commissions
@nathanchagnon5015
@nathanchagnon5015 3 жыл бұрын
Ok, im just starting to learn about this stuff and maybe I should'nt start with chapter 10 haha. Could someone explain me why it says profits when tim bought all his 60k shares at an average of 4.01 and sold them all in the 3's ? In my understanding that is the definition of a lost...
@johnharpertrading6456
@johnharpertrading6456 7 жыл бұрын
i am looking at the chart of april 2015, the stock was trading at 7 to 9 dollars.
@kroyrunner89
@kroyrunner89 7 жыл бұрын
that's because there's been a reverse split since this was recorded
@AjayKumar-id7mb
@AjayKumar-id7mb 5 жыл бұрын
It could break also ?
@kroyrunner89
@kroyrunner89 5 жыл бұрын
yes definitely could, but not likely. our job as traders is to stop out when the unlikely happens and move on to the next trade! obviously with the kind of size i was trading here, it would have been HUGE trouble if it had broken out and i'd gotten stubborn
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Hey Tim ! I have a question, would you short a stock on First green day if there's a major resistance at say 1 month or 2 ?
@kroyrunner89
@kroyrunner89 6 жыл бұрын
yeah definitely! but of course if that level is breached, i'd have to be safe and cut my loss
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Tim Grittani Hi again ! Another question, do you think buying/shorting , say 70% of share float, will give you higher win rate ?
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Tim Grittani Just curious
@kroyrunner89
@kroyrunner89 6 жыл бұрын
the problem with a position that size it that it makes it almost impossible to exit quickly. especially dangerous on the short side, as any motivated buyer could blow you out of the water. definitely wouldn't recommend it
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Tim Grittani Besides of knowing that most of the low float stocks are junk, what are the other things that taking long position makes you uncomfortable ? Thank you ! Edit: I think I have answered it myself lol. But if you can answer it, will be grateful for the other newbs like me. Really appreciate it! I also have your Dvd btw and it's excellent
@RawNoLimits
@RawNoLimits 5 жыл бұрын
It is incredibly hard to find shares available to short for stocks with these prices, let alone 60,000. 0_0
@kroyrunner89
@kroyrunner89 5 жыл бұрын
all depends on your broker. i use cobra and centerpoint for locates mostly, sometimes speedtraderpro
@RawNoLimits
@RawNoLimits 5 жыл бұрын
@@kroyrunner89 ah, thanks for getting back to me. Looking in to it right now. Currently using Interactive Brokers as there is no account minimum and their platform TWS is free. Would definitely give me a lot more options in terms of strategy if I could short
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Thoughts $AWX ? My thoughts are: There are, obviously, manipulators. Obvious indicator for me to long here is that huge red candle and for shorts to enter higher low. Then they squeeze them with big buys forcing shorts to cover too that makes parabolic action. and also would gap-up but weak open because of Easy-to-borrow shares at pre-market. Sorry newbie questions
@adriandoe1090
@adriandoe1090 6 жыл бұрын
Not that I'm winning. I took losses actually and my executions were really bad. and I chased too :/ I took those false breakouts (those higher lows before the huge sells from manipulators) It was demoralizing. I was about to quit. But when I saw the patterns at this choppy market time, maybe I can also be profitable when market is hot hehe
@nguaial8490
@nguaial8490 7 жыл бұрын
no stop loss?
@sachsgold9382
@sachsgold9382 7 жыл бұрын
Don't you have Level 2??? What do you need stop loss for? So that Market makers can see it and take your money????
@onlylunaa9783
@onlylunaa9783 4 жыл бұрын
6:36 at that time look at the profits 👀 6 three score 6 profit 6666
@nickthewinner2194
@nickthewinner2194 3 жыл бұрын
is anyone trading this pattern successfully?
@Brokanglass115
@Brokanglass115 9 жыл бұрын
man! great trade...wish i could afford this dvd lol even half off its more than rent for one month lol..im sure its worth it tho. anyway you can put up one more clip from this dvd on maybe lake or one of your major early shorts that went south or should i say north?! lol anyway your insight is amazing would love to see where you have screwed up because thats what more new traders will be familure with...thanks TIM!
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Brokanglass115 haha i have a couple lovely NDRM trades that I filmed where I take some nasty hits! don't want to post too much of the dvd in free clips, but down the road I'll remember that one and try to get it put up!
@Brokanglass115
@Brokanglass115 9 жыл бұрын
thanks man
@Svyatoslav226
@Svyatoslav226 6 жыл бұрын
💯
@ahsenlive
@ahsenlive 7 жыл бұрын
DVD is too expensive!
@d3finition741
@d3finition741 4 жыл бұрын
Who’s watching in 2021?
@michaelst.george9856
@michaelst.george9856 7 жыл бұрын
Less than 10k subscribed??? People are missing out
@most.likely
@most.likely 3 жыл бұрын
$
@TheIfarted
@TheIfarted 7 жыл бұрын
what did you do today tim? made 23k ..what did you do today sky? i slaved away for 10 hours working for $16 an hour making only $550 a week after taxes.... fml
@EriPages
@EriPages 5 жыл бұрын
lol How about now in May 2019? Are you still making 550/week or are you now making 550+/day from daytrading?
@luciev1634
@luciev1634 6 жыл бұрын
Hey Tim and others, I just lost my battle today.. was trying so hard to learn this properly, was watching all of your videos, spend most of my savings for courses and memberships and just lost my very last savings. Over past 2 weeks I went over my journal and logs and actually realized I should be profitable but I was not because I had too tiny account and was pushing it too much to grow it bigger that I made stupid mistakes, chased, fomo etc. Right now I'm fucked up because I don't have any money and got to go to second job just to earn for expenses, debt and then try to save for next tiny account. I really desire to get one last shot with normal sized account before pushing my dreams out by 2 years (that's what it will take me to save 5k). I know you don't give a shit about me or my struggle, everybody's got own however maybe there are some traders who were in similar situation (even tho I doubt there is many traders who are trading for 6 years and still blowing out - more in my story) and are willing to help out a little bit.. Anyway this is my story and if someone decides to help me in my last shot at this I could not thank you enough! www.gofundme.com/help-me-to-fund-me-new-trading-account
@kevin7392
@kevin7392 5 жыл бұрын
start by selling your 2 laptops and the desk
@sweekilla
@sweekilla 7 жыл бұрын
Do you trade off of the 1min or Tickers? title said tickers but your video is 1min chart
@vigilasofsweden9975
@vigilasofsweden9975 9 жыл бұрын
You have too much money to set a price on a DvD.. I can never afford a $1700 dvd ....
@kroyrunner89
@kroyrunner89 9 жыл бұрын
VigilasOfSweden sorry, but it will be on sale frequently so maybe that will make it more manageable. if not, definitely feel free to check out the free content at my blog tradetheticker.blogspot.com
@vigilasofsweden9975
@vigilasofsweden9975 9 жыл бұрын
Tim Grittani Yeah i wanna become a trader and you, superman & sykes is my motivation, i've spent 20-25 hours this week only to watch your plays and so :) Also i've tried to join the millionaire challenge but seems nearly impossible, i know i've the right mindset and dedication to join the top 10 so it's a bit boring that i probably won't get a spot :) But i do my best!
@RandyAce9
@RandyAce9 2 жыл бұрын
Dr Berg
@AjayKumar-id7mb
@AjayKumar-id7mb 5 жыл бұрын
Why so bias ?
@betobeto7903
@betobeto7903 9 жыл бұрын
sorry but you are a total joke. if your making so much why do you even bother. Every human mind has a limit of emotions and not sure if your emotional limit is that high to trade that many shares but I ask again, Why?
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Alberto Franco I'm not sure I understand your question? If it's why am I selling a dvd, should I really just give away something I worked hundreds of hours on? If it's why do I play so much size, well, it didn't happen overnight. It's been a long slow process scaling up size and getting comfortable going larger when the opportunity is there. This example alone was a 25%+ fader from it's highs though, no matter how big or small your account is, that's significant opportunity
@betobeto7903
@betobeto7903 9 жыл бұрын
Tim Grittani to make it more simple, your are making millions, why deal with thousands? Live rich quietly and stop looking like a joke. If you are making so much money any normal level headed human would help others without charging a penny, if not the mass just a few that are around your circle of life.
@kroyrunner89
@kroyrunner89 9 жыл бұрын
Alberto Franco oh i definitely understand your point and i do give a lot back for free on my blog for those who don't want to pay for anything
@wallsberginc
@wallsberginc 9 жыл бұрын
Tim Grittani Yeah don't listen to that hater. The Information you are giving out is worth millions, If People are to cheap to pay a few hundred bucks then so be it. If you were to pay for a course in a college, You would easily pay $5,000-$15,000 dollars to learn how to trade and your basicly learning from somebody that has book smarts!. Your learning from a actual millionaire!.
@betobeto7903
@betobeto7903 9 жыл бұрын
Wallsberg Entertainment look I am no hater, but what I do know is in this line of business they are so many that pray on the weak. Not sure If I am talking to Tim logged in on one of his other accounts but I am sure Tim knows exactly what I saying. When it comes to trading its the easiest profession to learn but at the same time its the hardest to master. I am just someone that happen to care about other people and willing to bet that Tim does not care about others as much as I do. I personally know many pro traders that do not wast there time on selling DVD's to make more money. If Tim is not one of those leeches he should make his finance public. After all if I ever would need heart surgery, I would like to know how many patient died under that doctors watch. Its funny that all those so call pro traders that are trying to sell you a service claiming that they make so much money with what they are selling yet they do not disclose what that are making monthly if not yearly. Its so odd.
@fruitpuncherrrrr2907
@fruitpuncherrrrr2907 5 жыл бұрын
none
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