CHATROOM

Sample Chapter From My New Book

November 11, 2007 at 6:44 pm
by Timothy Sykes

Watch these 7 free video lessons on how I became a millionaire

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  • Getshorty

    10:24pm here, will go to sleep rereading this poszzzzz………….

  • adairjm

    Agreed…nothing stands out tomorrow. Will be watching manana…maybe WEL, but didn’t look strong at the close. Hopefully wrong…

  • Ross

    Thanks for the update. Good luck with the show today. Hangin loose and still learning and reading. My TOS account should be funded tomorrow so I will be ready next week if anything looks good.

  • YoungGunz

    I will have to miss the show. My companies sponsored day at the county fair and we get a half-day vacation to go with the family. One of the perks of working for a business that makes up a good 15% of the cities workers.

  • http://www.test.timothysykes.com timothysykes

    zzzzzzzzzzzzzz

  • Reaper

    Nothing good today. I’ll see y’all @ Livestock.

  • Getshorty

    An alarm woke me up !!!!

    It is mnkd going negative for the day, thks to my new found discipline didn’t short it since I saw it holding around 3.55, now it had a little bounce to 3.60.

    Chart you god to let me know….
    Should I sleep or should I short….

  • Getshorty

    Now it is green again… back to sleep….

  • lamecoder

    You guys trading anything today (not just pennies)?

  • notesguy88

    agix looked interesting…

  • bigjimstradingpost

    I’m buying SOLR
    I have made quite a bit buying large blocks over the last week. It has been swinging wildly between $12 and $13 daily. Of course, today it’s a bit flat.

  • bigjimstradingpost

    Covered DAVE short from yesterday for $200

  • lamecoder

    Yeah i was glad to see that dave came back down for you.

  • lamecoder

    I’ve been shorting AEO the last week or so when it spikes did it again today and yesterday, holding to cover soon. It’s been fairly predictable, but pretty small moves. Retail stocks suck.

  • bigjimstradingpost

    That looks good

  • bigjimstradingpost

    If you are looking to make a couple bucks on a slow day. SOLR has bottomed out for the day. There’s 20 cents to be made at least by the close.
    It’s moving flatter today than the last week where it made wild swings up to a buck each way.

  • Ross

    Glad to see Dave go back down for you BigJim. I was watching that stock and it took off pretty good at the end of the day. I am still sitting on some USS stock that I held onto. I am down a couple hundred on that stock.

    I was thinking about SOLR for a short ride up too but decided to keep my cash ready for something that I can jump in and out of. Do you think SOLR is going to jump up today much?

  • Ross

    Oops you answered my question before I posted. LOL!!

  • bigjimstradingpost

    Thanks Ross

    DAVE tanked nicely today…I think I owe that to Tim for calling me a friggin Moron. I only banked $200 but better than losing.

    SOLR has been crazy the last week. Buying below $12 meant an easy 50 cents. Today it’s been slow… I called the bottom at 11.76 for 20 cents by close. It wouldn’t surprise me if it closes above $12…JUST MHO…as she’s now holding $11.90…

    I haven’t bought or sold anything other than DAVE and SOLR today..

  • bigjimstradingpost

    SOLR just passed $11.97.
    There’s the 20 cents I promised

  • Ross

    I need more money to work with to make money on a 20 cent move. I just got Tim’s DVD and book so I know what I am going to be doing all weekend. I have $3500 waiting to get funded into my new TOC account so hopefully next week there will be some opportunities. I still have a few thousand in my Scottrade account that I might move to TOC so I have more funds to buy more shares at one time. Look forward to being part of this community and learning, participating and sharing opportunities. This unorthodox aproach is the only reason I even decided to get into the market.

  • bigjimstradingpost

    I have been trading for a long time. I lost quite a bit about 10 years ago because I didn’t have enough in my trading account. I strongly feel that to make it as a trader you need $50,000 to play with.
    You obviously don’t need that much to play Tim’s method….
    I keep my eye on what he and you all have to say…never too much research…

  • bigjimstradingpost

    BTW, I’m holding 5,500 shares of SOLR

  • bigjimstradingpost

    You all have a good weekend…

  • Ross

    I have alot of equity in my home but only want to use a small portion to play the market. I have cheap equity line of credit @ 4.99% so my goal is to basically use part of it as an equity reinvestment strategy. I pulled out around 7K to play with. I am going to take baby steps and just focus on one trade at a time and probably invest around 5K per trade. I currently have 80 shares of FNM that I am going to dump to cover my trade fees and I also have 150 shares of USS that I need to wait for it to hopefully go back up and dump at a break even or take a small loss.

  • Ross

    You to Jim. :)

  • Getshorty

    Ross, you are screwing up by just buying and hoping that USS goes up, it may get cut in half from here as well. Study some technical analysis and play stocks that have a clear direction.

  • Ross

    I don’t have much in it but I may as well dump it and move on and take the loss. It was $150 lesson of what NOT to do. I just got Tim’s DVD and book delivered to me today so I will be spending all weekend getting a better feel for this and how to do a technical analysis. From this day forward I am only going to play stocks that have a clear direction as you say.