shillllihs 6,102 posts msg #149267 - Ignore shillllihs |
10/2/2019 5:00:59 PM
Can we see all the hands of those trading this system, thanks.
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KSK8 561 posts msg #149269 - Ignore KSK8 |
10/2/2019 5:32:51 PM
I've stated multiple times that those who can't endure massive drawdowns are encouraged to stay away from this style of trading.
If you are just on this thread to be annoying then you're going back onto my ignore list.
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shillllihs 6,102 posts msg #149272 - Ignore shillllihs |
10/2/2019 8:31:35 PM
Well I guess no one is really trading this, with hundreds upon houndreds of members I was expecting at least 30 but I suppose not. This closes this chapter.
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SFMc01 358 posts msg #149274 - Ignore SFMc01 |
10/3/2019 8:40:18 AM
I'm trading it ... successfully....with modifications.
Steve
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dwiggains 448 posts msg #149334 - Ignore dwiggains |
10/14/2019 1:13:27 PM
How did you know to take a 10% profit on SES ???
If you waited a few minutes later it would have been a 40% LOSS.
Most all your trades have waited till the afternoon to close.
Most of your other trades seem to have been above board on your calls.
THIS TRADE LOOKS FISHY ???
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shillllihs 6,102 posts msg #149335 - Ignore shillllihs |
10/14/2019 1:51:59 PM
Wahwahwah wipeout
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KSK8 561 posts msg #149337 - Ignore KSK8 |
10/14/2019 4:16:23 PM
dwiggains,
Before I answer your question, let me ask you something.
Do you sincerely think after exiting each and every trade, I immediately RUN to Stockfetcher to post the results?
Do you sincerely think my trading revolves around this one online thread?
Seriously ask yourself that!-Because of course there's going to be a few minutes in delay to posting.
Nevertheless, I'm delighted you're keeping track of my trades, just like the fella below you! HOWEVER, you wouldn't need to scrutinize me if you read a few pages back.
KSK8
312 posts
msg #148207 6/20/2019 1:58:37 AM
Last year I would literally just wait till the close but nowadays I've become fearful of that tactic. So I mainly just watch the level 2 order book for getting out. Either that or I see where the price is in regards to its support/or resistance. Every scenario is different.
Anyways, since you are expressing semi-fair concern over this particular trade:
I covered in the 8 dollar range because the price was sitting near support and I had a rational concern it wouldn't break below it, so the prospect was that max profit would most likely loom around that area.
ANY OTHER QUESTIONS 'dwiggains'?
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scott111552 173 posts msg #149352 - Ignore scott111552 |
10/15/2019 9:11:40 PM
Congratulations on that last trade! Excellent!!
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KSK8 561 posts msg #149355 - Ignore KSK8 |
10/15/2019 10:16:09 PM
Thanks! Consistency is what it's all about.
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shillllihs 6,102 posts msg #149471 - Ignore shillllihs |
10/28/2019 11:51:52 AM
As the author has alluded to, this system is for laughs and giggles, he really doesn't go all in every trade on short penny stocks, if he did liquidity and fees would be an issue. Plus he'd be a billionaire in a year or 2 and would not be hanging around sharing his finds. Actual gains would be much much lower and in line with a typical safer system. Just letting the newbies know to be careful and even the author admits this is a parlor trick. I don't know why he gets so angry when this is pointed out.
Maybe just thin skinned and butt hurt or something.
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