I managed to get stuck in two trades this morning with two different brokers. I lost out on money because TD Ameritrade cancelled my order after what appeared to be filled with LFIN (I called them but couldn't get it back). I could have made big but was unable to get back in at a decent price. Instead, I tried to buy it when it was higher with Robinhood because I liked the idea of commission-free, but as soon as I ordered it, I remembered that I had already day traded my maximum amount of times this week. When I tried to cancel, my order had been filled. Now, I am stuck watching the yoyo effect and I feel like I am going to lose a lot of money on this.
I also tried buy GOPH but got in too late as it dropped immediately after I bought. So I ultimately took a $51.92 loss.
Today I have had my biggest loss yet, and I fear tomorrow will be worse as my Robinhood account may blow up. I have to do better. I have to keep better track and not change my trading routines. I typically trade on my smart phone believe it or not and today was the first time I really tried using a different platform on my laptop. I feel as though this was a major setback for me as I am not familiar with anything else, so I wasn't sure what to do/where to look.
Update: I discovered that I did not max out my Robinhood day trades, so I ended up taking a small profit on LFIN (thank goodness). I still need to pay more attention though. I'm doing way too much. I need to take a couple day break from this to clear my head.
If you're under PDT, you need double discipline. If you even own a Robinhood account, you need a bigger account. Appreciated the honesty, happy trading.
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