Finally! After studying my ass off and really studying some more... I bought $VLTC on a speculative mid-day break out
@ around 5. I was in at 4.97 with a goal of 20 cents/share and out 5 minutes later at 5.25! The important thing to
learn with a play like this is that I recognized the stock and the price action, had a goal, totally hit my goal right on the
head, and also recognized the top at around 5.30ish-5.35 and I got out! Awesome day today. Just gonna keep at it
and focus on good plays! See you guys in the chat room tomorrow guys!
P.S.!!!!!! - There was someone this morning saying that you don't have to follow the PDT rule if you're under 26?!
Thats not true (other than sure trader) and I don't know why someone would say that. We are supposed to be a team (everybody in the Tim
Alerts chat) and I don't want anybody getting into trouble so yea!
Congrats on the trade! Feels good when a plan works. Keep the profit targets 'realistic'. Find consistency and then expand from there. Good stuff.
Recall Mr. Sykes' saying if you're 25 or under with IB, the minimum requirement for deposit is 3K. Tons of misinformation, so be sure to do your DD ( due diligence).
No, no you must misunderstand. I'm not talking about the minimum deposit, I was talking about the PDT rule. Someone tried to say it basically doesn't exist if you're under 21. Thats all! @darrellwayne13
26*
Join now or log in to leave a comment