Comments on: A Solid Wussy Trade, aka Good To Do In This Kind Of Market http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/ How To Trade Penny Stocks Without The Stock Promoter BS Thu, 09 Feb 2012 06:11:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: timsykes http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57081 timsykes Wed, 19 Mar 2008 00:19:20 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57081 thanks but i'll never use leverage. all i gotta do is get to 25k so i can trade the way i want. SCA is fine but its a financial play, i ignore those, only hype/fluff/spam, no real companies, diff variables thanks but i’ll never use leverage. all i gotta do is get to 25k so i can trade the way i want. SCA is fine but its a financial play, i ignore those, only hype/fluff/spam, no real companies, diff variables

]]> By: Andrew J http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57080 Andrew J Tue, 18 Mar 2008 22:24:56 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57080 Timmay. It's just my observation,but if you plan to take 12k to 1.65 mil in this "decade" you are going to have to use margin or at least make more than 3 trades a week. If you are having a problem with the PDT rule what you should do is open (with16k) 3- 8 accounts with tradestation this way you would be able to make 1-2 trades a day.This would aslo help you to nerrow your focus to truly penney stocks (stocks under $5) and mitigate your risk by spreading your risk over 3 or more accounts. I personally was in ticker SCA the day before it gaped from .66 to 1.4 in one day thats over 100% in one day. These are the plays you should be looking for.It's still a good play,check it out. Any way good luck. Timmay. It’s just my observation,but if you plan to take 12k to 1.65 mil in this “decade” you are going to have
to use margin or at least make more than 3 trades a week. If you are having a problem with the PDT rule
what you should do is open (with16k) 3- 8 accounts with tradestation this way you would be able to make
1-2 trades a day.This would aslo help you to nerrow your focus to truly penney stocks (stocks under $5) and mitigate your risk by spreading your risk over 3 or more accounts. I personally was in ticker SCA the day before it gaped from .66 to 1.4 in one day thats over 100% in one day. These are the plays you should be looking for.It’s still a good play,check it out. Any way good luck.

]]> By: timsykes http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57107 timsykes Tue, 18 Mar 2008 18:16:37 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57107 Answers: No car, I live in NYC, before it was a BMW 745li KBX, no idea, predictability was in it going from slightly positive to flat or slightly negative, now its back to random (see my latest post) twitter is great cuz i can do it on the go and it's viral AEx i can't see all the block sizes on my level 2, i can only see some, i'll detail more in my post later fofund KBX before bed last night, just scanning charts on clearstation, me likie vertical charts never traded an option, don't know about them Answers: No car, I live in NYC, before it was a BMW 745li

KBX, no idea, predictability was in it going from slightly positive to flat or slightly negative, now its back to random (see my latest post)

twitter is great cuz i can do it on the go and it’s viral

AEx i can’t see all the block sizes on my level 2, i can only see some, i’ll detail more in my post later

fofund KBX before bed last night, just scanning charts on clearstation, me likie vertical charts

never traded an option, don’t know about them

]]> By: Johnny Blaze http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57106 Johnny Blaze Tue, 18 Mar 2008 17:59:37 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57106 What kind of car do you drive Tim? What kind of car do you drive Tim?

]]> By: Joseph http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57105 Joseph Tue, 18 Mar 2008 17:48:58 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57105 Nolan- It looks like it has been bottoming around the 1.60 range, you know the way Tim trades is in and out, there isn't much volume right now and there hasn't been a huge move intra-day so although we may like to say it looks good... all it takes is one big trader to determine the way this will go... so I'd look at the chart as a big picture, it's jumped up, saw a potential sell off opportunity.. and it worked. Nolan-

It looks like it has been bottoming around the 1.60 range, you know the way Tim trades is in and out, there isn’t much volume right now and there hasn’t been a huge move intra-day so although we may like to say it looks good… all it takes is one big trader to determine the way this will go… so I’d look at the chart as a big picture, it’s jumped up, saw a potential sell off opportunity.. and it worked.

]]> By: NolanH http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57104 NolanH Tue, 18 Mar 2008 17:42:26 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57104 Tim, Do you feel KBX will continue to fall the remainder of the day..and maybe into tomorrow? Or do you think that it tested yesterday's support around $1.60 and it will be on the rise? Trying to get a grasp on how to read the charts. Thanks! --Nolan Tim,

Do you feel KBX will continue to fall the remainder of the day..and maybe into tomorrow? Or do you think that it tested yesterday’s support around $1.60 and it will be on the rise? Trying to get a grasp on how to read the charts. Thanks!

–Nolan

]]> By: Joseph http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57103 Joseph Tue, 18 Mar 2008 17:20:58 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57103 Tim I think comments or a write up regarding this would be funny http://youtube.com/watch?v=772PXNSrSiI Caught in the act! Tim I think comments or a write up regarding this would be funny

http://youtube.com/watch?v=772PXNSrSiI

Caught in the act!

]]> By: Adrian http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57102 Adrian Tue, 18 Mar 2008 16:47:17 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57102 Signed up for Twitter...but I wonder why not just post the messages here instead? Signed up for Twitter…but I wonder why not just post the messages here instead?

]]> By: Max http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57101 Max Tue, 18 Mar 2008 16:08:13 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57101 what are all the added risks of AMEX? I've heard that the market makers are kind of shady, but what rules and regs make it distinct from the NASDAQ or NYSE, particularly from an intra-day perspective? what are all the added risks of AMEX? I’ve heard that the market makers are kind of shady, but what rules and regs make it distinct from the NASDAQ or NYSE, particularly from an intra-day perspective?

]]> By: Scott http://www.timothysykes.com/2008/03/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/comment-page-1/#comment-57100 Scott Tue, 18 Mar 2008 16:07:32 +0000 http://www.test.timothysykes.com/2008/03/17/a-solid-wussy-trade-aka-good-to-do-in-this-kind-of-market/#comment-57100 Tim, How did KBX pop up on your radar this morning? Yahoo Price % Gainers? Tim,

How did KBX pop up on your radar this morning? Yahoo Price % Gainers?

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