Its like Tim says, "most of these stocks are JUNK companies". I'm going to paper trade for the next two weeks, to save up some money and I'm going to watch HTMM and Pennystocking part DUEX. Going to shift my focus to shorting from now on...Unless it's a definite win like HMNY.
Losing > $100 K. When short a company, your broker might do a buy in. Basically you are shorting shares that somebody else has long. This 'person' borrows you their long positions, for you to sell short. When this 'person' decides to sell their position, then you are literally forced to first buy back to cover you shorts and give them back to that person. This is when you broker has to cover your position for you, and theres nothing you can do about it
Thank You both iI am VERY impatient lol. I'll stick to buying breakouts first and then move on from there. @Legendario @Doncematic
@Legendario @Doncematic Why is it that the level two is spot on but the chart patterns aren't.
I noticed today, the Level 2 far exceeded the chart action (which has a 20 min delay).
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