A recent TIMalert subscriber asked this:
This is getting a bit ridiculous. Do you ever do any trades which your “followers” could actually execute as well?
I replied:
uhhh, RINO, APWR were buys and KIRK was easy to borrow to short…the others all you need is an Interactive Brokers account…what’s ridiculous is your attitude…learn that the best trades are the hardest to find, be better prepared!
Tim
Do you guys really not understand yet that the best shorts are the toughest to borrow? True gimmes aren’t just going to open themselves up to everyone, you gotta work to get that high probability profit!
This TIMalert subscriber also sent a bunch of ill-researched emails before so understand that I don’t take such an aggressive tone with everyone…I just get soooooo tired of explaining myself over and over and over…that’s why I push my instructional DVDs sooooo much (and don’t give that “they’re too expensive” crap, they ALL can be paid for in one good trade, no other instructional trading DVD set offers such a great risk-reward (because no other instructional DVDs have such a strategy that works so well for consistent small trading gains in the $500-$5,000 range)
And yes, I do buy stocks too, as RINO was good for 30% within a week of my buying it and APWR was good for 10%+…last time I checked, buying stocks can be done without reserving shares ahead of time….just gotta be comfortable with the chart patterns and the risk-reward (which brings me back yet again to my study guides HERE which aim to do just that)
Or if you’re really cheap, you can just read through my 2,000 blog posts–I’m sure you’ll get a solid education, especially from the beginning months when I had the patience/time to spell out every single trade and pattern in details
PS This subscriber later banked $200 on my ZAGG buy saying:
OK, you win! lol
Just made my first trade and came out with $200 profit in just a few hours. Bought 500 shares of ZAGG at $7.21 (missed your alert, had the phone off when it came, so I saw it 30 mins later) and sold this morning at $7.61. I got your alert that you’re selling, but since you said it still has a growing potential, I waited and just updated my Stop order every few mins from $7.35, to $7.45, $7.55 and finally $7.65. It was executed at $7.61. So $200!
It’s just a little frustrating when I try to replicate your trades and more than half the time I can’t, but what can you do…
-A.
Yes, I understand it gets frustrating, but that’s PennyStocking…if you don’t want to deal with any frustration, just sign up HERE for auto-trading from Covestor
Posted in Q&A