TradeProfits

Seems like Jason Kelly Didn´t Retire – BGBR around 0.40

Posted on 01. Jun, 2010 by Jakob.

Now first of all I must admit that I am not really surprised. Last time I wrote about Jason Kelly, he had a stock pick for all his readers; BGBR. You can read my post about it here. Basically Jason (DayTradingRobot) was sending out his newsletter to pump up the price of BGBR. Back then when he was endorsing Big Bear Mining Corp. their shares were just around 1.23 and throughout the day it did spike up to some 1.40 before it dropped all the way back down. Jason promised all his readers the following back then “If BGBR does not triple in price over the next 4 weeks I will RETIRE as a stock picker”. When I look at my chart of BGBR it seems like it´s all time high was at 1.75 which is nowhere near the 3.69 it should have reached according to Jason´s promise. Not only is BGBR now back down at 0.40 but when it was hovering 1.00 Jason send us all another mail telling us about the importance of psychological support and some others reasons as to why BGBR was in a perfect spot to be bought. Obviously, it didn’t work out very well. However, as I suggested in my last post, this has not stopped Jason Kelly from sending us more “stock picks”. These are the last lines from an email I got a couple of days ago:  Read more... (268 words, estimated 1:04 mins reading time)

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Trading The Open

Posted on 08. May, 2010 by Jakob.

In the upcoming weeks, TradeTheNews is hosting several free webinars on different topics related to trading (see the entire list here). The next webinar in line will be hosted on May 11th, 4:30PM EST; this time the topic is about trading the open, and hence focused on stock trading. Trading the open will be presented by Bill Duryea from www.ioamt.com and although I mainly focus on the FX market, I think this could prove to be a really interesting lesson. Here is what TradeTheNews has to say about it:  Read more... (239 words, estimated 57 secs reading time)

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Around The World In 11 Minutes!

Posted on 08. May, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net

 Read more... (979 words, 3 images, estimated 3:55 mins reading time)

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BGBR Update – Marketing or Stock Guru?

Posted on 03. May, 2010 by Jakob.

I wrote a post about BGBR some days ago (read the post here). BGBR was a stock pick from the site DayTradingRobot. The day the trade was called BGBR was priced at 1.23, and in the email from DayTradingRobot, we were promised that if BGBR did not triple in price over the next four weeks, the guy sending the email would retire as a stock picker. Now there is still 16 days to go, but it sure doesn’t look too good. BGBR is currently at 1.18 and was down below 1 a couple of days ago. The day it closed around 1, I got another email from this stock promoters. This is some funny s…  Read more... (457 words, estimated 1:50 mins reading time)

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Was Friday The Top Or The Start Of A Correction?

Posted on 23. Apr, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net  Read more... (476 words, 4 images, estimated 1:54 mins reading time)

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BGBR – Pump & Dump?

Posted on 19. Apr, 2010 by Jakob.

Long time ago, I signed up with on a website called daytradingrobot; a site who´s owner claims to send out stock picks which will skyrocket after he calls them. Today I got an email from him (Jason) about his stock pick of 2010 – a small company called Big Bear Mining Corp. featured on OTCBB as BGBR. I have never really followed any of these promotions before, but as I was in front of my screen the entire day today, I decided to follow BGBR on Think or Swim. After all, Jason from Daytradingrobot wrote the following “If BGBR does not triple in price over the next 4 weeks I will RETIRE as a stock picker.” This guy is promoting stuff all year round, and BGBR is his latest target. BGBR started out around 1.23 on my chart when the US session started and it took off rather quick all the way up close to 1.40 and then it started to drop back down. It closed close to 10% higher than where it started this morning. Now it will be interesting to see what happens over the next four week. Will “Jason” be able to send enough mails out, to get the stock price to triple in less than four weeks? I have a feeling this will be a tough challenge, but somehow I am pretty sure that the team behind daytradingrobot will keep sending their “stock picks”, no matter what happens to BGBR. Earlier today I read over at Tim Sykes blog, that he is looking for a possible short trade on BGBR. If you don’t know, these kinds of setups are exactly what Timothy Sykes is looking for. Just for the fun of it, I have pasted the disclaimer from daytradingrobot in below. This should make an alarm bell ring guys. If you would like to get started with Pennystock trading, and think that daytradingrobot will make you rich, take a couple of hours off and read everything over at Timothysykes.com  Read more... (609 words, estimated 2:26 mins reading time)

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Up or Down? – Get Your Watch List Ready

Posted on 12. Apr, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net  Read more... (531 words, 4 images, estimated 2:07 mins reading time)

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What International ETFs Have To Say About Our Market

Posted on 02. Apr, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net

While our markets hit new rally highs the bulk of the international ETFs are not following through. That MAY be telling us something. EEM is first which is the opposite of the EUM. It’s interesting how the EUM broke into new lows while the EEM did not break into new highs.  Read more... (298 words, 4 images, estimated 1:12 mins reading time)

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Three Changes in Trend Chart Patterns to Profit from

Posted on 25. Mar, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net  Read more... (553 words, 4 images, estimated 2:13 mins reading time)

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What do I need to see to make me take a trade

Posted on 23. Mar, 2010 by David.

This is a guest post by David Grandey from All About Trends – www.allabouttrends.net  Read more... (517 words, 4 images, estimated 2:04 mins reading time)

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