Dekmar?

@ftmanglona hell to the fucken yeah!!!

thats the reason im switching. profitly subscription ends next week.

Nice - this setup is great

@Torkers I don't really set out with a goal. I try my best to let my winners run, and generally will move my risk up when new levels of intraday support are formed. Locking in gains in chunks has been really helpful though.

I'm guilty as charged. Time to adjust, thanks!

This might be your "Single' most important blog post. JK they're all good!

Roland you blog is a perfect reminder for me to also take singles as that is normally what I do. HOWEVER, today I traded LFIN and had a nice $3.50/share win and I was trying to let my runner run and BAM it was halted. had I taken my single I would have had a nice $400 win but now I have 2 grand on the line and could loss most of it now when LFIN unhalts from the T12.

17 here. lol

I know lots of ppl who use suretrader and like them. I use them as they are my 2nd broker…etrades commissions are like $7 each so its still cheaper than etrade. Never had an issue with them.

Gurus such as Tim Gritanni and Nathan Michaud w/investorslive also recommend suretrader but only if you know what you are doing.

@gghsusa I get restricted stock all the time with either Tdameritrade, Charlesschwab or etrade. Some of these penny stocks are really Messed up.

Thanks for the advise, It's always welcomed.

@bigman Thats honestly how I felt a couple weeks ago. I thought studying my ass off was bullshit. I mean it's obvious, you can only take in so much knowledge before getting plateaued. But it's about continuously studying and finding what works for YOU. For some, they might catch on quick, and for others it might take a shit ton of studying. Either way, studying is required or you're going to just lose like I did my first couple months trading.

@PassionInvestor That's awesome man. Best of luck to you in the future! We got this.

Yea, studying is the way to go.

0.20 cents a share doesn't pay for the commission.

with an account being $500. You can make money on it. I wrote a blog about my $SINO trade, i spent $260 for 100 shares and turned those 100 shares into $100. With a $500 account, you HAVE to wait for the PERFECT setup. Wait for an earnings report/contract winner to come out and overnight it if it holds intraday/multiday support.

I also made another $100 off 100 shares of $TOPS. With the exact same setup. So it is possible to grow a $500 account.

I use just 500 dollars per trade because I'm still new but I use Robinhood because commisions would kill me. My average trade winning trade is a little over 8% so over 40 dollars, but still. I'd recommend you use Robinhood for now.

ASssume a stock is pulling back and makes red candles. Then it makes the first green candle. I am looking for the next candle to be green and to make a new high above the previous candle. That is where I go long. But, if it is too big of a pull back then I don't follow the pattern.

Understood! Thankyou for the quick answer.

Thanks Bob

Thanks Bob

Etrade also executes trades much quicker than most brokers which is nice. Again though, shorting is something i hear a lot of complaints about. Finding shares so to speak

@ftmanglona Interesting. And I should have mentioned I do have enough for IB. It's only 3k since I'm under a certain age. I think its 24 or 25

@HoustonParker oh thats interesting. The more you know. Well i hear that IB is like the holy grail.

@HoustonParker I have etrade and IB, and I use IB for 95% of my trades. IB Executions are often lightning fast, and are often at a good price. If you are going to scale into trades Etrade will crush you with commissions, but statistically my round trip IB trades are about $15 while etrade will be at least $20. If it were not for Etrade pro I would be strictly STT and IB. Good Luck!

with suretrader you have to wait until 8pm ET to buy