If you can use the ThinkOrSwim platform you can see if the shares are ETB, HTB, or NTB. There are stocks to short that are in play but not very many. There are more shares to short for stocks in the $10 too $15 range versus those below $10. Every once in a while you can find those $5 range tickers to short.
I'm close to opening a secondary account with IB and only use their WebTrader to trade from and use TOS for charts, scan, and custom watchlists. IB has more tickers to short if you can open an account with them,
I like the sink or swim platform...there's a lot of great options for charting and stock "scanning", so I'll keep them and open a secondary account with another broker. Tim thanks for the link it was helpful...I'm used to forex trading where buying or shorting is not an issue, since there's so much liquidity. Anyone have experience with Merrill Edge? Since I already have a BOA account I'll check with them tomorrow.
Use SureTrader
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3330 shares, on how big of a account? Don't use too big amount at a time. Maybe a 10-20% max. You was too emotional in my opinion, sure it's hard not to be, it's our money it's about. Set lower/upper limits, i had a 20 cent limit downside on $FORD. Holding overnight now tho. And upside i've got 30-60 cent limit to get out on. Even tho it's gonna climb more, it's better to lock in profit. Same on downside. Always better to take a small loss than a huge risk. GJ THO, :)
Thanks for the feedback guys! I agree I was probably way too emotional. Need to get that under control. Thanks!
Although the reasons you gave for holding on was valid, this stock could have turned ugly on you. Also since you had taken quite a large position, if you felt you were right you should have downsized your position say by 1000 shares. This would have meant you could have reentered the next day( if your thesis still prevailed). Overall it worked out for your good, but lets say it was a lucky escape.
You may want to size down for a while and learn how to take a loss like a man. Don't be a bagholder, especially not with penny stocks. That is very dangerous. But hey, I am glad it worked out for you this time...nice profit!
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nice, i will start soon, just make my research, and yes Tim's chat room help's a lot, congrats to you
awesome! way to go!
happy for you man! looking to make my first trade this upcoming month of september.
Add me to FB. Deano Mite is the name
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@icebrian just became a fully transparent trader today!



This is awesome!
Just wanted to say thank you very much :)
This is great, thanks for sharing this.
I've finally had the time to do this and really sit and read your post. I thank you again and humbly bow haha, you seem to be in an entirely different skill set than I, although I totally agree with the level of detail you are wanting! Thanks again
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