CHATROOM

Gotta Love When Your Students Beat You To The Punch aka Emails That Make A Trading Coach Proud

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In regards to my initial TIMalert to shorting HSNI at $7.86 the other day, I got this email:

Fantastic… I called this move and made the trade at exactly the same time as you did. I completed the trade and saw your alert come through. It must be the DVD… I deserve a gold star ;-)

No ego, no stubbornness. I’ve already marked my stop exit and I’m outta here faster than a rabbit at a fox convention if it goes the wrong way.

Tally Ho!

-Sean

When the stock tanked 15%, I emailed him to see how much he’d profited:

My trade:

500 short @ $7.68
Covered 2 hours later at $7.07

Profit: $311.75

I’m still keeping my trades fairly small and practicing tight money management while I learn your system and fine tune my adaptation of it.

Thanks very much. This and the SIL trade have paid for the DVD’s and the seminar (Sean attended my Vencouver seminar, there’s still a few spots left for Vegas on November 19th, signup here!) plus a case of wine. Money well spent in my opinion.

On top of all this I am in London and I was in a meeting while this whole trade was going on. Keeping my laptop connected and keeping an eye on the trade so I made money while sitting through a dull presentation. Now that’s what I call productivity ;-)

Awesome, awesome stuff, only thing that feels better than profiting from calling a stock perfectly is when dozens of others profit alongside you!

Posted in Testimonials, TIMalerts

  • YngvaiMalmsteve

    Similar but slightly different experience here with NAK. I shorted NAK into the close yesterday at $3.48 as it was a red floating candle off of a big run-up on no news. I covered today at $3.12 as my target exit was $3.10 or less and I figured that was close enough. Total profit after commissions was $343.

  • YngvaiMalmsteve

    Similar but slightly different experience here with NAK. I shorted NAK into the close yesterday at $3.48 as it was a red floating candle off of a big run-up on no news. I covered today at $3.12 as my target exit was $3.10 or less and I figured that was close enough. Total profit after commissions was $343.

  • Simi

    I buy ERTS because they are trading at $ 23. Earnings per share are $ 0.84 and the P/E ratio is 27.6. PEG ratio is 0,6

    We are close to Christmas and new products will be launched in this period. I see the stock hitting $ 32 by the end of December.

  • Simi

    I buy ERTS because they are trading at $ 23. Earnings per share are $ 0.84 and the P/E ratio is 27.6. PEG ratio is 0,6

    We are close to Christmas and new products will be launched in this period. I see the stock hitting $ 32 by the end of December.

  • wnkender

    …you don’t come here much, do you Simi? I don’t think I can ever recall Tim (or any poster) mentioning a PEG ratio..

  • wnkender

    …you don’t come here much, do you Simi? I don’t think I can ever recall Tim (or any poster) mentioning a PEG ratio..

  • Getshorty

    I do remember him mentioning a PEG ratio. Saying that you’ll end up crying if you use it as a decision tool.

  • Getshorty

    I do remember him mentioning a PEG ratio. Saying that you’ll end up crying if you use it as a decision tool.

  • http://test.timothysykes.com Timothy Sykes
  • http://test.timothysykes.com Timothy Sykes
  • astan

    Guys, you don’t understand, Simi is a pumper, let’s welcome him to our club, we really need such people, let’s thank him for his hard work! Good job, Simi, bring it on, we need more pumps!

  • astan

    Guys, you don’t understand, Simi is a pumper, let’s welcome him to our club, we really need such people, let’s thank him for his hard work! Good job, Simi, bring it on, we need more pumps!

  • astan

    One more thing, Simi, could you please pump stocks in the $1 to 10 price range, it is much easier to pump them, you’ll get much higher gains there.

  • astan

    One more thing, Simi, could you please pump stocks in the $1 to 10 price range, it is much easier to pump them, you’ll get much higher gains there.

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