Received 1 Karma
jamminjayman Dec 03, 15 11:18 AM
Yep did exactly what I wasn't supposed to and chased it, I guess you call it that. I kept watching THST and it made the W pattern that Tim talks about, so I bought it at the bottom and lost half of the profits I made. DUMB DUMB YET GREAT LESSON..
Join now or log in to leave a comment
BowlesTrader5 Dec 02, 15 1:28 PM
Make sure to cut losses, can't stress that enough, that was my problem at the beginning
Join now or log in to leave a comment

@jamminjayman just became a fully transparent trader today!
jamminjayman Dec 03, 15 9:40 AM
Thanks for the rreminder Bowles Trader 5
I like using TD Ameritrade for beginers. ETrade is also very good. Tim always says you get what you pay for when it comes to commision fees. If you want to use TD Ameritrade message me so I can send a referal link! (It's in both our interests with a bonus)
I know you're in a hurry to make money and want to avoid the PDT rule but believe me when I say most foreign brokerages aren't even worth it. That and the more you trade the more you set yourself up to overtrade and lose from frustration and revenge trades. That being said, ETrade is a great American brokerage and I'd invest in Etrade Pro also if possible.
I am currently about to open an Etrade Pro, that is my personal opinion on the best one for anyone with 2500 or more
I use E-Trade and they are great! I love their layout and chart data! I would familiarize yourself with PDT as I am currently stuck not making day trades in fear of further restrictions!
Join now or log in to leave a comment