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braxtonnunnally
braxtonnunnally Oct 04, 15 11:28 AM

@ezbro ST does not enforce the pdt rule. Therefore you can trade as much as 5 times a day, or 45 times a day, whatever your trading style is. Theyre commission fees are much lover than E*Trade too.

erict
erict Oct 04, 15 2:00 PM

Me too just to trade with a smaller account (too reduce ego) and with my IB I'm just going to write options.

akalur1892
akalur1892 Oct 04, 15 6:21 PM

Hey, this unlimited trades thing is a blessing as well as a curse. Just ensure you don't take revenge trades to try to turn successful. The PDT really teaches you to stick to the rules and trade wisely.

Nathan_casey
Nathan_casey Oct 04, 15 8:41 PM

I thought about going ST a while ago but decided not to with all the horror stories being told about them. Horrible executions, tons of hidden fees, poor customer service and a hassle to get your money out. So I'm fine with staying within the pdt for now.

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Nathan_casey
Nathan_casey Sep 16, 15 1:29 PM

GJ. Great that you found one of your niches.

Palmer
1
Palmer Sep 16, 15 5:23 PM

Brax: Dip buying earnings winners is a good strategy. Just make sure the volume is there to firm up your entry. Penny stocks are volatile and even earnings winners can move against you.

braxtonnunnally
braxtonnunnally Sep 16, 15 5:30 PM

@Palmer Yes, its funny, I actually tried to dip buy this earnings winner EVOK this week, I had no idea that it would crash as bad as it did, but once I saw the stock going nowhere I got out before the crash and took for a small loss. Unfortunatley I looked at the volumer AFTER I bough the stock, bad move.

Palmer
Palmer Sep 16, 15 5:43 PM

Yeah, that'll happen. Tim has a knack for dip buying. Watch where he buys on the dips and you will see there is usually a few bars of volume in the area where he gets in. If you can monitor Level 2 with volume surge, even better. I posted this yesterday about his $BEAT dip buy... http://profit.ly/user/Palmer/blog/8-minute-momentum

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juin
juin Sep 09, 15 1:10 PM

I will give you an other rule, septembre/Octobre is suicide if your are a beginner.

Ike
Ike Sep 09, 15 6:41 PM

Stay strong man and realize that these losses are nothing in the long run. Like Tim said, you are learning

Retire_early2020
Retire_early2020 Sep 15, 15 3:37 PM

Hang in there, Braxton. We're all learning this together. My advice....don't just try to MEMORIZE everything. Many people remember things with greater ease if they write down notes. It helps me tremendously.

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braxtonnunnally

@timothysykes I have been trying to apply to be your trading challenge student and I haven't gotten rejected nor accepted. Tim, I have seen that you have been noticing my dedication because you gave a shutout to me in one of your lessons as well as you have been liking my tewwts. I don't understand why I cant be one of your trading students..I dropped out of college for this and made a plan as to how I was going to achieve my dreams. If you dont believe my dedication I can prove it to you. What do I have to do to become your next millionaire because I am extremely serious about it? I stay up all night every night busting my ass studying your daily video lessons, reading, watching you howtomakemillions dvd. Is that not enough?

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