Entry comments: Another very small trade to get some more experience. Buying this on another dip, expecting it to bounce back up at least $0.10 - $0.20.
Exit comments: This did exactly what I expected. Got in and out for a small gain. Even though I made a small gain, because of ETrade's $9.99 commission per trade, I ended up losing $3. This was very good experience for only my second trade and 1st trade on my own without following Tim's alert actions, but using what I've learned so far from Tim's teaching. Because I have a small account, I will have to take bigger risks to actually be able to profit after deducting ETrade's commission fees.
| Date | Price | |
|---|---|---|
| Entry | 2/11/2015 | 3.671 |
| Exit | 2/11/2015 | 3.84 |
I read both of your trade updates today, sounds like you are on the right path. I myself and getting ready to make my first trade just polishing up and studying my ass off before I do. Great to see new people like myself on here. I will definitely be following you. Any particular reason going with E*TRADE? I am suretrader myself.. Good luck, hopefully you will see my first trade update in the next week or so...
@Porthos75 Thanks! :) That's great that you are learning as much as you can before you trade, I'm doing the same thing. I went with ETrade first because Tim has been saying that they have a lot of stocks to short-sell that are hard to get between the $2 - $10 range and you only need $2000 to open a margin account in order to short-sell. $9.99 commission per purchase/sell order is a little pricy, but it's pretty good other than that. SureTrader looks like a pretty good option to start with :)
