So I went down to Miami for far too brief of a stay for some meetings, to chat with one of my best trading challenge students who has made nearly $300,000 on my strategy the past few months as you can see here and to film this video.
My trading challenge student didn’t show up, I played tag with my meetings which didn’t pan out given how quick I was in and out of Miami, but at least the video turned out great as you can see:
Only later did I find out my trading challenge didn’t show up because he had found shares to short of BVSN and was busy shorting…raking in roughly $30,000 during the time he was supposed to come visit me in Miami…his second $30,000 profit on BVSN in the past few weeks…so he is excused.
I’ve been pretty busy too and I forgot to write a blog post about his earlier email how he made his first $30k+, basically by being too aggressive and losing $25k shorting BVSN in the low $20s, cutting his losses, but keeping control of his shares ready to short…then he made $56k as BVSN came crashing down for a total profit of $31k+.
Not the ideal way to make $ AT ALL…I shorted shorting too early too, but simply cut my losses so I was up $20k on BVSN, but lost control of my shares to short…but by breaking my rules about loss cutting, Elkwood was able to find shares to short when very few others others did…and eventually bank more than I did…reminding me very much of earlier in my career where I would have my biggest losses before my biggest gains.
WARNING: This style is not suitable for pregnant women or those with heart conditions as it causes RIDICULOUS amounts of stress…but since pumps usually dump right after their short squeezes, it is one way to make $30k in a few days…something Elkwood has now done twice (another blog post coming about his second time)…this was his first email to me:
I actually wanted to beat Lebed’s ass for a while, but now I actually want to thank the idiot criminal! By waiting for the proper setups watching BVSN go red and fail on every bounce attempt I have four cosecutive realized profits of $9554.00, $9674.00, $29,672.00, and $7,012.00 totaling $55,912.00.
This a total profit $31,726.00 after subtracting the losses.
This is not a rollercoaster I enjoyed all the time but pretty fun in the end. You have to find shares and be prepared. The crash is fast and the profits add up fast also. No need to guess the top, it only leads to losses. I got paid when the setup was in my favor. Before I joined Tim’s trading challenge a little over a year ago I had considered looking for work. I have plenty of money from several businesses I owned but cant retire.
There is nowhere I can make this kind of oney in a week. Not to mention the freedom of being home all day.
Thanks Tim, Its a good life.
Speak Your Mind