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Timothy Sykes TimAlerts Trades for 07-27-09

Today I was caught off guard again, and was not logged into my trading software.

So I probably wasted over a minute getting logged in. But considering how slow I was I still got a decent fill and CHINA ran down for several more minutes after I got in.

I am not sure how much of it was TimAlert subscribers, and how much was the market. The stock is pretty heavily traded.

A few people got out after a few minutes with some decent profits $250 to $500 not bad for a couple minutes work and almost no risk.

I am starting to wonder if that isn't the way to play it, just make some quick small dependable profits.

Lesson: Always log into my trading platform before the market opens.

Logging is takes a lot of time and when every second is money, that's time I can't afford to waste.

Other things I need to do:

  • I also still need to change my email to Gmail, because I can't find anything faster, and hopefully some of the time I will be able to see it when it pops up on the screen.
  • Figure out how to get twitter updates.
  • Look at twitterstock and see if I can find anything useful there.
  • Open other brokerage accounts so I can short penny stocks.

looking over my trades for the last month, I can see that I am terribly disorganized. I need to have much better trading records so I can go back and analyze my trades.

 With the way TimAlerts can move some of the stocks he trades, I am sure there are other people doing the same thing.  The more people who are following some ones calls the more the stock could move that they are buying.

The trick is you need someone who has a lot of people following them, and they also need to make clear calls, when they are buying and selling.

Links:

http://www.stocktwits.com/streams/charts - chart.ly new charts.

http://twitter.com/chartly - looks like chartly has their own twitter page, not sure how helpful this is going to be.