Don't you get it ?! Instead of the classic "pump and dump" scheme , Tim is doing the inverse "Trash and buy" . Tim has become a stock manipulator...
Maybe we should exploit that and pump as his flock is trying to dump, how hard can it be Enough of stocks already, I'm getting back to forex and selling Eur/Usd @ 1.56 - 1.57, at least there aren't any liquidity problems, I can even get filled at 10am on Sunday morning! In the true tradition of this thread my trade is now up 20 times what I paid for the dvd.....oh no wait, I ddn't buy a dvd
Cable, Let's form a partnership, anytime Tim shorts , we start buying some serious size to create a short squeeze , we split profits 50/50 , what you think ? (we create an offshore structure to keep things hidden)
I actually think this is a fun journal to watch, regardless if Tim is behind this or not. Why? B/c we are seeing actual stock picks using some bias of Tim's to do this. It speaks volumes about what his trading DVD thing is that he offers and it appears so far that the OP is doing just fine w/ it. I know nothing about penny stocks, so it is entertaining if nothing else to watch the journal unfold. The key will be how the OP reacts during a drawdown. And there will be one, sooner or later. Doesn't mean the system is broke, but it will test the patience of the OP. Good luck and keep it going!
lol, if you call that 'making money' then great, you're easily pleased With 20k you can trade a liquid market and make some decent cash, like $6,700 today with the same equity, while you're dicking around penny stocking for crumbs. .....oh and the marketmaker, it's no secret, Oanda
all i know is what i've learned, if you have a track record, a dvd and are willing to answer all my questions, i'll consider your ideas. until then i know that something like 95% of traders lose money and with tim's system, i've been making an average of $1,000/trade. i spent a measly $300 on his dvd and now am up over $7k in a few weeks, that works fine for me!
So you say, but apparently the other trade you posted couldn't have been made, I don't know. Forget the 95% losers, the market is there to take money from and if you're taking the risk then you want something worthwhile to show for it instead of peanuts. Whatever......in any event I don't sell my ideas in some book or dvd for a few bucks, I don't need to as I'm not that hard up.
covered COIN 7.65 +$1178 after commissions, i'd like to hold longer but it looks like it's found it's multi-month support how could my other trade not be made?