Hey guys. Just came back from a long time of not paying attention to the stock markets. I guess it was because my college quarter ended and I'm on winter break now and it's hard to stay disciplined.
Anyway, I traded NXTD this morning. Got right at the market open thinking it would spike a bit. My trading platform actually really sucks. Like I bought in $.20 below the market and thought I would be able to sell to make some good money. What happened was they wouldn't execute the order and I ended up getting out low with a very small profit. I mean I had the right idea, but it just didn't go through. I also am impatient so I don't wait to see other price action in the hour or so after market open, so I usually miss some good trades there also. I was just trading to do it.
I also have a question for y'all. How do you find the stocks that have great spikes and great price action before market open? All I can find is the stocks that are already mentioned on this site and email notifications and like instagram and stuff. How do you set up the scanners and what do you set them as? Is it worth it to sign up for "TimsAlerts" and other chat rooms? Also, should I sign up for StocksToTrade Pro when I start real trading? What you y'all think?
-Jo
*this is a paper trading account
What broker were you not liking the results with? I've had most of them honestly, I liked Etrade for awhile then recently moved to mostly TradeStation, with Etrade and Fidelity on the side.
@TimeSucks I've been paper trading with thinkorswim from ameritrade. I don't know if its ameritrade or if its just the fact that I'm using the paper trading, but my orders never get put through very fast
I never really liked TOS, I keep trying to like it but nope, even the programming language is too quirky (Thinkscript)
@TimeSucks Yea I've gotten used to it, but the execution is just bad and everything else isn't what I like. It's the only free paper trading I could find, so that's why I use it.
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