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Your choice to call it an agenda. I know Kool-Aid flows strong on this board. That's fine but share price shows it is losing its strength. Penny stock trading requires strong Kool-Aide flowing, getting people to buy in to the company being more than what it really is...garbage.
I read this article and I am thoroughly convinced that EWSI is nothing short of a Kool-Aide stock.
Anyone who generally believes in penny and sub-penny stocks as anything more than trading trash for profit, you need to get a hold of ClayTrader's course "Penny Stock Survival Guide". I use to believe in these garbage companies but no more. They are generally for trading only and not believing the made up stories (PRs) and outlandish projections of income by "CEOs".
BINGO!
Lol! #PSSG
Bravo, Clay, bravo! The "Dumb Inspiration" video is spot on. Great analysis of how some motivational quotes don't necessarily apply to trading.
Losses are going to happen. You cannot play the market without acknowledging losses. If you play the market with a warped sense of "inspiration", your account is going to zero fast! It's great to be motivated but you need to balance that with what's happening in the present moment and adjust accordingly.
It's better to acknowledge losses and minimize them quickly than to have a pie in the sky thought process that you don't acknowledge losses and go to zero fast. Rough times are in the cards for everyone as long as they are breathing. It's how you deal with the rough times when they come that makes the difference.
Champions get knocked down and sometimes knocked out but it's the comeback-ism that separates them from the losers. Both champions and losers get knocked down and out but champions study what went wrong, make a plan on how to adjust to increase the odds of winning the next fight and start training as soon as possible to support that plan.
Champions know losing will happen but they always train to win and readily acknowledge losing as an opportunity exercise their comeback-ism.
Oh, I have a few times to the point that now, I am doing it the right way...learning, paper trading, observing the results and updating for next time. I resist the temptation to enter the market right now while in education mode.
Dart throwing trading is dangerous and I have literally paid for that lesson several times.
Screw this trading stuff. I QUIT!
That was my thought last week when I became so frustrated because I could not figure out how to get eTrade Pro scanners to pull stocks that I wanted to see. I just could not figure out how to do it.
I told my wife that I purchased a little over $2,000 total in trading educational materials and I can't even get my stock scanner to work. I didn't want to have to manually search through each NYSE or OTC stock to find what I want to see. I want these scanners to work!
The frustration started settling in and I slowly started to discard the dreams of quitting my job and owning my financial destiny. The thought of working for my current employer and/or job hopping for the next 20+ years seemed like an injection of hardcore reality into my veins. Then, in the midst of this frustration (negative thought pattern), a golden nugget came to me.
"Grab a notebook and a pen, find a huge stock that recently ran up and study THAT individual stock's qualities. How much did it increase by? What is the market cap? How much did it go up pre-market?" In other words, what do I need to examine about THIS particular stock that may be applicable towards other stocks?
I remember Stephen Covey, the late great author of "The 7 Habits of Highly Effective People" said to begin with the end in mind. Many times in life, it is hard to see your finished home when you only just started nailing two pieces of wood together. However, if you equip yourself with the right tools, dedicate yourself to ongoing education, application of that education and a willingness to change your approach when necessary, you will succeed. Even in defeat, you will succeed in finding out what doesn't work so you can come back and tackle it from a different angle. In football, players do not tackle the man carrying the ball only head on. They learn how to tackle from different angles and areas of the body.
When frustration comes to visit you, welcome him in. Offer him a drink. He is there to push you through to the next level. If you are frustrated with your trading, that's a good thing because that means where you are right now is not where you need to stay. You need to be pushed to better yourself, better your trading, better your education. Frustration shows up when it is time for you to relocate to a better place.
Stay motivated, stay hungry and be dedicated to C.A.N.I.E - Constant And Never-ending Improvement and Education. Be flexible in your approach to learning and know there is always more than one way to hit your goals.
-The Motivated Trader (TMT)
P.S. Frustration's visit was successful. I now know how to work the scanners the way I want them to work.
Screw this trading stuff. I QUIT!
That was my thought last week when I became so frustrated because I could not figure out how to get eTrade Pro scanners to pull stocks that I wanted to see. I just could not figure out how to do it.
I told my wife that I purchased a little over $2,000 total in trading educational materials and I can't even get my stock scanner to work. I didn't want to have to manually search through each NYSE or OTC stock to find what I want to see. I want these scanners to work!
The frustration started settling in and I slowly started to discard the dreams of quitting my job and owning my financial destiny. The thought of working for my current employer and/or job hopping for the next 20+ years seemed like an injection of hardcore reality into my veins. Then, in the midst of this frustration (negative thought pattern), a golden nugget came to me.
"Grab a notebook and a pen, find a huge stock that recently ran up and study THAT individual stock's qualities. How much did it increase by? What is the market cap? How much did it go up pre-market?" In other words, what do I need to examine about THIS particular stock that may be applicable towards other stocks?
I remember Stephen Covey, the late great author of "The 7 Habits of Highly Effective People" said to begin with the end in mind. Many times in life, it is hard to see your finished home when you only just started nailing two pieces of wood together. However, if you equip yourself with the right tools, dedicate yourself to ongoing education, application of that education and a willingness to change your approach when necessary, you will succeed. Even in defeat, you will succeed in finding out what doesn't work so you can come back and tackle it from a different angle. In football, players do not tackle the man carrying the ball only head on. They learn how to tackle from different angles and areas of the body.
When frustration comes to visit you, welcome him in. Offer him a drink. He is there to push you through to the next level. If you are frustrated with your trading, that's a good thing because that means where you are right now is not where you need to stay. You need to be pushed to better yourself, better your trading, better your education. Frustration shows up when it is time for you to relocate to a better place.
Stay motivated, stay hungry and be dedicated to C.A.N.I.E - Constant And Never-ending Improvement and Education. Be flexible in your approach to learning and know there is always more than one way to hit your goals.
-The Motivated Trader (TMT)
P.S. Frustration's visit was successful. I now know how to work the scanners the way I want them to work.
Is mastery of individual stock picking a necessity before learning about and going into options?
74theroad, I appreciate the dialogue. I have actually done DD on EWSI. I think your previous post may have incorrectly assumed that I have not done DD on EWSI and completely rely on posts to make my decisions to trade / invest.
Also, we have to include what I said prior to what you bolded to put in full context what I was saying:
There is proper DD and there is iHub DD. Everything I read on iHub is iHub DD until I can verify it or form the best educated guess based on what I am able to find. Then it becomes proper DD.
Even if someone posts links on EWSI about a $50M deal in China, I won't believe it until my own DD can confirm it. Otherwise, it's a gamble.
Based on what I have read from Eleniak, he/she seems to be on the money with EWSI.
There is proper DD and there is iHub DD. Everything I read on iHub is iHub DD until I can verify it or form the best educated guess based on what I am able to find. Then it becomes proper DD.
Even if someone posts links on EWSI about a $50M deal in China, I won't believe it until my own DD can confirm it. Otherwise, it's a gamble.
Based on what I have read from Eleniak, he/she seems to be on the money with EWSI.
Thanks for posting. These videos are very educational and I have been thru a few of them. I didn't know the others were available as I didn't see them on the YouTube channel.
Eleniak, I have been reading your posts about EWSI. Very educational and on point. Thanks for sharing. Your posts about EWSI has helped me to perform better due diligence in general.
Have a good one.
Reading your previous article about education changed my whole view on stock investing / trading and many other things. I loaded up on education and continue to make it a high priority. I tested some of what I learned in the market, processed the results and went back to review where I went wrong to correct for next time.
I can't thank you enough, man.
Hey AI. Don't be too hard on yourself. Penny stocks are tough and sometimes, they will get the best of you. I lost half of my small account ($600) playing PEII but it was a reminder that I need to stay away from OTC penny stocks as they are not my cup of tea. I bowed out of the market gracefully and returned to the wonderful world of stock trading and investing education (YouTube videos, reviewing videos from ClayTrader and Steve Nison, StockCharts.com Chart School guides, etc) and paper trading.
Just write this one off as a learning experience and come back stronger. Every now and then, I want to believe that real companies exist at these levels but there is a reason why these companies are penny or sub-penny companies and generally don't make it to the big boards and crash and burn.
Good luck, my man.
You may lose sometimes in the market but remember that you are BORN to WIN!
You may lose sometimes in the market but remember that you are BORN to WIN!
Today's 8K release of 25B A/S increase plus VFIN on .0004s? Very interesting day ahead.
Observe VFIN on Level 2. Very interesting, to say the least, when the price ticks up to 5s. VFIN bounces off on the 4s and then makes it appear that 5s are up and then comes right back to sit on the Ask at 4s.
Very interesting.
Thanks for pointing out the DO part. I assumed that taking action was implied in my post...that people would understand they actually have to take action to make their dream come true.
Just in case some people may misinterpret my post to just "bliss out" and "wishfully think their way to success" without taking any action towards it, they should now know action is needed.
Explanation for 6 monitors? Simple. Preference.
Have a great day in the markets and stay motivated.
AnG, thanks for sharing that. Very encouraging...knowing someone else was able to achieve the goal I am working to achieve myself.
I have to share this: I received an e-mail from my boss yesterday that had a subtle indication that my position may be terminated in the not too distant future. I spoke with my wife about it and explained that, while I really want my stock investing / trading to take off, I am not at the level I want to be before going to work for myself by way of the markets full time.
Today, I started laying out the ground work by updating my resume, going on the major job search boards, etc. As I was doing this, a feeling of dread came over me. I may have to dress up in a suit, do a song and dance and convince someone my skills are worth X amount of dollars per hour / year yet again. I have been at this current company for almost 10 years.
During the midst of this, something came to me....a reminder of some scriptures from the Bible that I read years ago - Matthew 6:25-34. This passage tells you not to worry. It tells you basically that God/whatever you address the Greater Power to be has your concerns already taken care of and that you have to trust and believe in The Greater Good which, a lot of times, comes out of what is seemingly the worst thing that can happen to you.
As I began reflecting on those scriptures, something else came to me. I have been speaking into existence what I wanted and it ultimately came to pass. As an example, I use to tell my wife all the time that I would be trading stocks from home with 6 monitors. Guess what eventually happened? My company closed one of their offices, allowed me to work from home and gave me (not loaned me) flat panel monitors and computer equipment that they were going to recycle before the office closed. Guess what I have now? A monitor stand that is holding 6 monitors and I trade stocks sometimes during the day.
This brought things into a whole different perspective. My boss has to do what he feel he has to do as a part of his job. However, I cannot and will not let his decision affect the language of my destiny; I am a full time, successful, multi-millionaire, debt-free, job-free stock trader and investing. While this is not yet 100% reality, it must remain real in the inner world. I must continually speak it as if it is true right now, no matter what the outside looks like (job in jeopardy, etc).
While you may have to make what appears to be detours from your dreams, keep the road map in your heart flowing out of your mouth. Speak it as if it is. Believe it as if it has already come to pass. Feel it within your bones as if it is in the here and now....and some way, it will show up.
The HOWs of our dreams are not always 100% our job. We are 100% responsible for the WHYs of our dreams:
Why do I want to become a successful, multi-millionaire, debt and job-free stock trader / investor?
* Because I will have more time to enjoy my life with my family and friends.
* I can spend as much time "working" in the market as little or as much as I want.
* I can "work" from any location that has internet.
* I will be responsible for approving my vacation time off and the hours that I will work.
* I can retire my wife from her profession.
* I can pass this knowledge on to my child, etc.
The WHYs of your dreams will drive you to the point that the HOWs won't even matter because you already know that you won the race before you approached the starting line. It's finished in your mind....reality (the outer world) is just trying to catch up to match your strong inner vision that you are projecting out.
The lesson here is to never stop talking about your dreams and goals no matter what. Keep talking about it, believing it, feeling it, dreaming it, seeing it, hearing it as if it is NOW. Never, ever give up.
I have to share this: I received an e-mail from my boss yesterday that had a subtle indication that my position may be terminated in the not too distant future. I spoke with my wife about it and explained that, while I really want my stock investing / trading to take off, I am not at the level I want to be before going to work for myself by way of the markets full time.
Today, I started laying out the ground work by updating my resume, going on the major job search boards, etc. As I was doing this, a feeling of dread came over me. I may have to dress up in a suit, do a song and dance and convince someone my skills are worth X amount of dollars per hour / year yet again. I have been at this current company for almost 10 years.
During the midst of this, something came to me....a reminder of some scriptures from the Bible that I read years ago - Matthew 6:25-34. This passage tells you not to worry. It tells you basically that God/whatever you address the Greater Power to be has your concerns already taken care of and that you have to trust and believe in The Greater Good which, a lot of times, comes out of what is seemingly the worst thing that can happen to you.
As I began reflecting on those scriptures, something else came to me. I have been speaking into existence what I wanted and it ultimately came to pass. As an example, I use to tell my wife all the time that I would be trading stocks from home with 6 monitors. Guess what eventually happened? My company closed one of their offices, allowed me to work from home and gave me (not loaned me) flat panel monitors and computer equipment that they were going to recycle before the office closed. Guess what I have now? A monitor stand that is holding 6 monitors and I trade stocks sometimes during the day.
This brought things into a whole different perspective. My boss has to do what he feel he has to do as a part of his job. However, I cannot and will not let his decision affect the language of my destiny; I am a full time, successful, multi-millionaire, debt-free, job-free stock trader and investing. While this is not yet 100% reality, it must remain real in the inner world. I must continually speak it as if it is true right now, no matter what the outside looks like (job in jeopardy, etc).
While you may have to make what appears to be detours from your dreams, keep the road map in your heart flowing out of your mouth. Speak it as if it is. Believe it as if it has already come to pass. Feel it within your bones as if it is in the here and now....and some way, it will show up.
The HOWs of our dreams are not always 100% our job. We are 100% responsible for the WHYs of our dreams:
Why do I want to become a successful, multi-millionaire, debt and job-free stock trader / investor?
* Because I will have more time to enjoy my life with my family and friends.
* I can spend as much time "working" in the market as little or as much as I want.
* I can "work" from any location that has internet.
* I will be responsible for approving my vacation time off and the hours that I will work.
* I can retire my wife from her profession.
* I can pass this knowledge on to my child, etc.
The WHYs of your dreams will drive you to the point that the HOWs won't even matter because you already know that you won the race before you approached the starting line. It's finished in your mind....reality (the outer world) is just trying to catch up to match your strong inner vision that you are projecting out.
The lesson here is to never stop talking about your dreams and goals no matter what. Keep talking about it, believing it, feeling it, dreaming it, seeing it, hearing it as if it is NOW. Never, ever give up.
Clay, I updated my e-mail address on my profile that is registered on ClayTrader.com. I didn't receive The watch list.
When you send out the weekly scans to Inner Circle members, do you use the e-mail address on file under users' ClayTrader.com profiles? I changed my e-mail address and want to make sure I continue to receive the scans.
Thanks.
When opportunity calls, some people refuse to answer because Caller ID says "Hard Work" is calling.
I picked up a 9% gain today after going through Clay's courses, studying StockCharts' Chart School, practicing the material, etc. It took me 3 trading days to lock this profit in.
It feels good to be on the winning side. The difference this time around is my eagerness to learn, I quickly acknowledge mistakes and correct them just as fast....one step closer to becoming a full time trader.
Oh, it helps to be a part of the Inner Circle group. The before and after market hours chat is just as valuable as room chat during market hours.
Good luck.
I received several e-mails over the weekend about a few stocks to jump in to on Tuesday. I decided to use your method in checking the stock's recent volume and price activity and doing some calculations.
Another golden nugget from Clay: "Frontloaders cannot hide from the charts!"
The Perfect Time to pursue your dream is NOW!.
Action: The Difference Maker!
Action: The Difference Maker!
Busted! Lol.
Excellent video. Thanks.
Man, you are passionate about finding this stuff. I look forward to the day I become fired up like that.
Great board! You earned a board and personal follow from me. Great job, man.
Maybe the call wasn't perceived as negatively as I first thought. Maybe the bleeding will slow down quite a bit. Definitely one to watch as I am still optimistic about the WWE and where they are heading.
I listened in. My gut feeling is that this is going to head much lower. The conference call wasn't too convincing and I think I heard Vince say something negative about the WWE network being launched prematurely.
LOL! I didn't even realize it until a few minutes ago. The Inner Circle is helping me to build a watch list. The only stock I was watching is WWE. However, with the great alerts coming into the room, I am slowly building a pretty decent watch list.
There is strength in numbers when everyone is working towards a common goal. Team Inner Cicrle!
When you are tired and feel like you can't go anymore, you have reached the starting line of the race to greatness.
-JCF
An investment in knowledge pays the best interest.
-Benjamin Franklin