My Latest Trade: Same Old Same Old, Another 7% Winner, More Subscriber Profits, Less Trader Credibility Problems
Posted by Timothy Sykes on Thu 12th of Mar, 2009 06:05:47 PM
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Yes, yes, it’s a tough life…especially when we don’t have to play random macro/earnings guessing games like the rest of the buffoons on Wall Street…
I wonder how much longer will it take for the awesome Short Selling patten that made me a millionaire by age 22, made 200% last year and is responsible for nearly all my greatest successes to be recognized and utilized by everyone?
I mistimed my latest trade, as usual, profiting 4% instead of enjoying the full 7% profit had I had an hour more of patience, but I’m not worried–I rarely trade things perfectly so my PennyStocking DVD students & TIMalert subscribers have come to understand this (especially since I say it so often on my alerts and actually close out my original PennyStocking DVD with this revelation!) so you can see in their testimonials, some did far better than me:
Short at 10.63 – Covered at 10.04…$590 in profits!
-Kelvin
Just wanted to say thanks for the RGR play today up $450 on it and that was with horrible timing on my part
-B.
Shorted 400 RGR @ 10.01 covered @ 9.5699, $180-ish gain, wishing I had more capital…
-Jeff Moates
I profited $200
-BULL
RGR Short +$157.68
-Reaper
covered RGR at 9.85 this morning , this was my first shorting trade through Tim. made about $100
-S.S.
As I posted in a blog post the other night, I shorted 1300 RGR at $10.25 because it couldn’t go up in a bigtime up market and that made me think its momentum had begun to reverse…short into the afternoon fade when it takes out the morning low on the first day…that is my wealth building pattern which I detail extensively in my instructional dvds…and this time was no different, working like a charm, but unfortunately not giving me a morning panic the next day like I prefer…so I played it safe and covered at $9.91, $425 in basically overnight profits, putting me up 247% since I started this little quest in November 2007 & up 1% in this dismal 2009 so far.
As you can see, it turned out to be a mid-day panic to $9.50…my patterns are perfect, all they do is give a general sense of when the reversal takes place.
Until the next ideal pattern presents itself, I encourage all of you to study my instructional DVDs, especially PennyStocking Part Deux, so you can anticipate, adapt and profit the next time…probly a few days from now…
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TIM Trades
View All| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| Nov 6 | QXM | $4.31 | $4.80 | $1936 |
| Nov 4 | COT | $8.66 | $8.88 | $642 |
| Nov 4 | QXM | $4.61 | $4.89 | $822 |
| Oct 30 | DDRX | $25.70 | $26.53 | $812 |
| Oct 29 | CTDC | $4.00 | $4.42 | $781 |
| Oct 26 | AWSL | $3.24 | $4.10 | $2516 |
| Oct 23 | RODM | $5.27 | $5.23 | $301 |
| Oct 22 | AMLM | $2.69 | $2.97 | $820 |
| Oct 22 | USEG | $6.12 | $6.09 | $85 |
| Oct 20 | CBOU | $8.93 | $9.06 | $243 |
| Oct 16 | VRMLQ | $16.79 | $18.65 | $2773 |
| Oct 13 | YONG | $11.05 | $11.66 | $1202 |
| Oct 13 | NPHC | $0.59 | $0.71 | $583 |
| Oct 12 | IMGG | $0.60 | $0.70 | $682 |
| Oct 9 | ZAGG | $5.50 | $6.10 | $2380 |
| Oct 7 | GVBP | $0.03 | $0.27 | $702 |
| Oct 1 | NPHC | $0.70 | $0.85 | $1482 |
Total: $92,304 (644%)
