First you'll have to look at your risk/reward ratio based on your target and stop. It should be ideally above 1:2. Determine how much money you are willing to risk say $50 bucks and you size accordingly based on your risk. Say you allow the stock to go .10c against you then you would size in 500 shares.

@DragoNzX I understand what you're saying about the risk/reward ratio, but what do you mean by sizing accordingly? That concept's a little bit confusing.

Size = buying number of shares. So if you are willing to risk $50 dollars (cutting loss at -$50). Depending on how much swing you allow, say .10c against you your shares have to be 500 shares (500 x .10 = $50). If you allow the stock to go .20c against you then you would size in 250 shares (250 x .20 = $50). For 1000 shares you would only allow 5c stop.

Ahhh ok, so depending on the amount of risk you want to take you want to shrink the amount of shares you're putting in & vice versa...am I getting it?

I'm experiencing the same problem so now I'm taking a break before i blow up my account.. sure trader does have high fee's $5/trade + 0.003/share

Try to trade once per day, don't over trade. Find the best one of your picks and go with it, or you can subscribe to Tim's alerts and go with the flow. Stop trade random stocks and you will get back on track to success.

"Get rich or die tryin'"

focus. i dont even understand how you can make 49 trades in a day. I have trouble finding 1 solid trade per day.