Pwnalot
Pwnalot Mar 15, 16 6:36 PM

I understand Wolf's point. You don't want to get into a habit of scalping, so don't plan to, I was using that as an example. Starting out witha small account it's a relief to know you dont have to commit $20 round trip. Thats a big deal with a small account.. it's peanuts with a large one

Boiznyck
Boiznyck Mar 15, 16 10:24 PM

I agree with @Pwnalot and @Wolf_of_Park_St . I use Robinhood and Etrade. I highly recommend having over 1K in Etrade. It makes the commissions less damaging and you can take better positions but Robinhood definitely forces you to choose the best trade setups and you can take small profits and losses easier. But still don't get in the habit of scalping as a strategy.

jdough2315
jdough2315 Mar 15, 16 11:16 PM

I actually signed up for Robinhood but the negative reviews kept me from transferring any money into it. I'm definitely reconsidering now. Don't plan on scalping for sure. I appreciate all the feedback!

Boiznyck
Boiznyck Mar 15, 16 11:35 PM

Honestly I just use it for plays that I'm nervous about, but don't want to miss out. So I'll buy 4 shares or whatever. Something insignificant. More for my psyche. But that's just me.

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Pwnalot
1
Pwnalot Mar 14, 16 11:35 PM

it's in an upward trend and it's only about 3/4 of the way through. The setup of trendlines indicates a continuation of rises... well there MAY be a mementary corrective wave since it has been rising the last few sessions and is technically considered 'overbought' but with the good news it will correct itself and atleast get up to the $4.20 resistance area. It very well could brake through. It's such a slow moving stock though that it may be awhile but its basically free money.

Pwnalot
1
Pwnalot Mar 14, 16 11:36 PM

Pardon the spelling errors*

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Pwnalot

[TimAlerts] Made only $120 profits off $RADA just too choppy, wish I got more. GL for guys staying in for Longs

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