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Just finished listening to podcast #2. I am exactly where H00ch was before he started turning things around.
I can relate to him as I lost my job, went through my severance and 401(k) and now find myself on unemployment assistance and returning to school to prepare for a better paying job.
However, this experience has drilled in my head that successful trading is a journey, not an overnight hit. Also, I am returning to work full time in the next 3 months with a PLAN to swing trade (paper trade) for about a year while I rebuild my account up.
I am going through Clay Trader University courses over and over until those strategies become second nature. I am not playing this time.
H00ch has encouraged me to go through the fire, work hard and that bouncing back from defeat is possible. I am looking forward to the day where I can say I am trading full time. It didn't work the first time due to greed and impatience but I am not giving up.
Thanks for the podcasts. They are reminders to keep working toward your dream and that others did it and it's possible I can, too.
Not yet. I will check it out tomorrow morning after I take my daughter to school so I can concentrate on the material 100%.
Episode #1 was kick ass (listened to it 3 times). Looking forward to #2 tomorrow.
Clay, you are doing a great service with these podcasts. I enjoyed listening to the first one and appreciate the real life, fluff-free examples of traders that I can relate to.
Thanks for all you do.
Garbage dump. Outta this crap hole.
Garbage dump. Outta this crap hole.
Algos shorting and covering. Same old story that you see on many sub $1 stocks. Four decimal place trading is a sure sign of the computers running this ticker.
Algo computers are ruthless. Good lawd.
Gaaaaaad Daaayum. Over $600M in dumps.
LMAO. I'd rather be able to say "WEEEEEEEEEE" instead of having sausage in the rear from JOEZ.
Good point. It is definitely one to watch over the next few days to see how it plays out.
I could be wrong but this "run" is looking like a pump and dump.
This one may be ready to fly real soon. The algo-holic trading machines are dicking around with it. I picked up some shares here and will see how it plays out.
Get 'em, SBS!
Lol! You crack me up when you post "weeeeeeee." I know that you mean you are riding the ticker in the right direction for profit but it is funny as hell everytime you post it.
Good job, brother.
You are right. Tired of going against the machine. Time to play The Game.
When I see or hear anyone say "buy TVIX", I will ultimately hear or read their words as this:
He can't touch ClayTrader with a 10-foot pole. I viewed courses from both Tim Sykes and ClayTrader. Clay's educational material and training is on a whole different level.
He can't touch ClayTrader with a 10-foot pole. I viewed courses from both Tim Sykes and ClayTrader. Clay's educational material and training is on a whole different level.
I agree. This market is a f**king turd right now in terms of volatility. F**k trading against the trend (SPY). If Mr. Market wants to keep pushing this sh*t up and crushing volatility, I am going to take the ride with him and play on the his side until the powers that be want to let volatility come roaring back in.
This picture bests describe what I feel about TVIX and volatility right now. Cashed out for a loss and taking this is a lesson learned: The Trend is Your Friend. Trade against it and it becomes your enemy.
Does anyone know of a website that you can sign up for free e-mail alerts / reminders for Economic Calendar events? Thanks.
TVIX getting manhandled right now. However, it could rise quickly depending what Yellin is tellin' about what the Fed is smellin' tomorrow.
Truth.com and well said.
And down we go! Weeeeeeeee! This never gets old in $TVIX.
$2.06 wall is thicker than Kim Kardashian's rear. Good lawd.
Nice position to get a good flip.
I'm back in but playing that tight range between $1.90s and $2.10s. I don't trust the Fed to make any announcement right now to increase volatility.
If TVIX pops, that's great. Until then, just trading the channel back and forth.
CNN and other outlets have been picking this story up quite a bit. I know since we have been crushing Russia's economy through sanctions, they are not happy. Let's see if the market even considers these news bits.
Not with news of Russia working on missiles to aim at both US coasts.
Now I got it! I know how to play this son of a weeyatch ticker now and it's wicked step family of tickers.
I hope that doesn't mean timberrrr for FNMA.
The same shit that goes on in pink sheets stocks happens on the big boards....people manipulating stocks for their own gains.
The only difference is that Kool Aid is served in wine glasses on the big boards and in plastic cups on the pink sheets.
I think it is that engineering background that allows you to break charting and other aspects of trading down into easy to understand terms.
And people think manipulation of stocks happen only in pink sheets? Kool Aid is everywhere, including on the big boards.
LL is getting crushed (possibly unfairly) but I believe when the smoke clears, this stock is going to bounce back higher than a ball dribbled by Lebron James. Definitely on my "Big Bad Bounce" watch list.
Did some charting about a week ago while going through Robotic Trading.
When I saw how well the resistance and support lines held that I drew up, my first thought was "this stuff Clay teaches really work." Amazing how when properly drawn, they can show R & S areas as clear as day.
Your mastery of pink sheet shitism will serve you well here in Da Land of Make Believe.
Big boys serving Kool Aid to retail in wine glasses trying to convince retail that it is wine.
This ticker has a pink sheet OTC feel to it. I'm following this one for shits and giggles, no hard cash going into this turd.
Crap, I would need more confirmation from TVIX before I drop that kind of money into a ticker. Good luck, guy.
Someone is working their black magic again.
The Greed Monster within all of us is no joke. It takes a lot to keep him / her in check.