Jump to content

Recommended Posts

I can't believe this debate still has so such cynicism and doubt.

What is so hard to understand? lol

A stock moves 20% or more in a day.  If you're lucky enough to pick the right one based on News or Earnings or FDA approval or Patent then you'll get a 100% spike or whatever it is.

Most of the time there will be a spike off the Bell, then a Sell off to Take Profit, then a return to half way on the day.

Of course it works.  How can there even be a doubt?

Expecting large moves on Amazon is less likely and ultimately requires a fecking massive stake to make a return.  Focusing on Penny Stocks means you can Buy More.  A $1 stock is more likely to go 100% than Tesla or Amazon!  However the moves potential is the same, relatively.  $1 moves 100% while a $1000 moves 1%.  Buy 1000@ $1, or buy 1@ $1000.  However, buying more stocks allows you to scale out if need be.  I shouldn't have to explain the validity of this ****.  It's basic trading.

My portfolio was up 50% last week.  It's now down to 4%.  I took out profit and re-invested to grow my portfolio.  If I took the profit on the high and got back in on the low, I'd make more.  Same on the 1-5min chart off the bell.  You get large moves in a short time and it comes back again.  Jeeeez.

You want a stock to watch?  Velocycs Plc.  but don't blame me if it tanks.


I hear ya on Buying Shares directly, but unless you have Hotkeys, it's very difficult to get in and out in moments.  Also the fees and Tax attached.  The hook here is SB is Tax Free, so trying to make it work is my goal.  We're fortunate to have it here in the UK.  It's banned in many parts of the world.  We just need to adjust our strategy.  In for longer, take less profit thru the spread.  ask me how I'm doing in a years time.


  • Great! 1

Share this post

Link to post
23 hours ago, nit2wynit said:

I can't believe this debate still has so such cynicism and doubt.

I think it was the constant reports of accounts being blown up.

Share this post

Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Member Statistics

    • Total Topics
    • Total Posts
    • Total Members
    Newest Member
    Joined 15/08/20 17:25
  • Posts

    • Trialling Stops please, a must for the ISA!
    • Volume profile, depth of market, orderbook, VWAP, VPVR, VPSV... all the basic things needed which for some reason are disabled.. seems odd that you don't want your clients to see this information? Even FXCM, OANDA, Pepperstone, ICmarkets, FXPRO & many more not listed all allow you to see this and have access to this vital information. ProRealTime v11.. It's about 2 years overdue now... frustrating not only having out of date features but more so when trying to back test things as it's limited on v10.3 to a maximum of 100k units.. that means with every day passing, I lose a day's worth of data.. PRT v11 allows you to have 1m unit backtest.. Also.. Custom, multiple take profits.. allow me to set a desired amount, for example.. ** points or **% at 10 pips away from entry ** points or **% at 20 pips away from entry ** points or **% at 30 pips away from entry ** points or **% at 40 pips away from entry.. Have a look at cTrader.. they do a perfect example of this, in advanced take profit section.
    • Early identification of trend or range days using market/volume profile and candlestick charts.  A mentoring video from the prop firm Axia Futures. (20 min)