Received 2 Karmas
erict
erict Jul 15, 16 3:44 PM

Been there, that's been my last 5 months

gibdelw
gibdelw Jul 15, 16 3:55 PM

It's tough, eventhough it's important to become a succeful trader eventually. Keep working if you are still trading, patience is key to make good trades. One trade at the time.

timothysykes
3
timothysykes Jul 15, 16 7:00 PM

Sorry to hear but breaking rule #1 especially on a Friday...well, now you understand why I put the rules in place

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jmtdds

@gibdelw hi, quick question...I'm new at this and I got in on RPRX @ 1.07 how long to wait to sell and when to short??

gibdelw
gibdelw Apr 15, 16 3:52 PM

Hi @jmtdds, First of all, congrats for your entry. Then the long you have to wait depends on the plan you made before getting into the stock. You have to know at what price you want to get out before the stock hit that price, the same if the stock goes against you. But you can tell that by watching the level 2 and looking if the stock is holding it's gains or looks weak. And regarding the time to short, I haven't shorted it, but you can set your risk level at $3.50 for example which becomes resi

gibdelw
gibdelw Apr 15, 16 3:58 PM

becomes resistance on the first day, now at $2.22 would be a bit tough, but you can try into a fake morning spike, setting your risk level at the hod. I'm new at this too, so if this answer helps you that's great. And keep studying, it helps you to recognize the patterns ahead of time. And sorry for the delayed answer.

jmtdds
jmtdds Apr 16, 16 10:24 AM

thanks so much for the help

gibdelw
gibdelw Apr 16, 16 8:56 PM

You're welcome!

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Received 1 Karma
MiddleTrader
1
MiddleTrader Apr 04, 16 5:37 PM

In addition to what you mentioned above. if you feel you are not not sure about some patterns or you want to try something new. do that on paper trading. no need to rush. Build solid knowledge before it pays off. Good luck

gibdelw
gibdelw Apr 04, 16 7:49 PM

Thank you a lot for your advice. You're right, I'll work on that to be better prepared. Good luck

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KRBG
KRBG Mar 28, 16 1:53 PM

heard tradezero.co is good too

KRBG
1
KRBG Mar 28, 16 7:29 PM

no i know people that uses it and they have good leverage and good reviews too

gibdelw
1
gibdelw Apr 04, 16 2:37 PM

I would recommend you to use SureTrader, it has worked good for me and you can find good borrows with them. Anyway, be very choosy when looking for a broker. And try to be aware on all the requirements the ask for and what you're willing to risk with your broker. Take your time to investigate what works best for people in Europe. I think that Interactive Brokers would be a good choice for you considering the amount you want to star with.

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