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ragincajun83
1
ragincajun83 Oct 23, 20 3:05 PM

I'll say one more thing. You are on the RIGHT track because you obviously know what you did wrong. Think about your position sizing as well.

kcron
kcron Oct 23, 20 9:38 PM

@ragincajun83 Thanks Colby! I like your mindset on thinking about tomorrow. It's protective in nature. No way I'm giving up, I'm new to this world and absolutely love it. I know there will be future disappointments and upsets (humans make mistakes), but I'm looking forward to learning from those mistakes so I can continue to protect and grow my account. I'm watching the Pennystocking Framework DVD right now and just took down this note. Seems to apply perfectly to my mistakes today. "Ignore the

kcron
kcron Oct 23, 20 9:39 PM

@ragincajun83 Also, good reminder about position sizing. I was feeling eager to make money so I went bigger than normal. Money mindset invited greed which turned into stubbornness after losing which turned into overtrading. Going to sit on my hands, size down, and wait for the perfect plays :)

ragincajun83
ragincajun83 Oct 23, 20 9:42 PM

Yep. Every position should be a starter. Always, always have more than enough capital to spare.

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kcron

@mono_trader Hey Matt. I just watched the latest interview video Sykes posted and learned that you have a full-time job. I had wrongly assumed that you only did trading full-time, but I am glad to know you've found success while balancing another job. I too have a full-time job and sometimes find myself having trouble balancing my normal workload and the screen time I put into trading. I've been studying since March of this year and am picking up as much information from as many sources as possible so I can eventually make day trading a full-time opportunity for myself. I'd like to know what type of work it is you do full-time, outside of trading, and if you have any tips for balancing your workload between day trading and your other job. For context, I work in AV and Video Telecommunications for a software company and am fortunate to have been able to transition to working from home. Thank you!

Mono_trader
3
Mono_trader Jun 19, 20 11:06 AM

I have a degree in software engineering but... I don't use it lol. I work full time as a financial editor. So I manage a lot of publications related to the stock market. I manage the two by dedicating certain hours for work (7am to 9 am EST) and then certain hours for stocks (9am - 11 am EST). If I have meetings there isn't much I can do. Outside those hours, I don't trade much so mainly focus on work the rest of the day

kcron
1
kcron Jun 19, 20 4:10 PM

Thank you, that's helpful information. Allotting specific hours allows for focused attention to one craft. Much better than being distracted by work and trade which is what I am currently doing. Ha, I was a music major so I know how you feel. I got that college experience though. You get paid to learn more about the stock market… That sounds like a great job for a day trader! Thanks for you time, Matt. I appreciate it.

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Received 12 Karmas
zoomlemon
zoomlemon Nov 15, 20 5:10 PM

hey digital! do you or does anyone know where to find the float on etrade pro? ive searched everywhere i can think of and online; ive had no luck.

BryanV
1
BryanV Nov 15, 20 7:50 PM

@zoomlemon I was not able to find it either. What I do is get the float from Finviz, it's really fast. From there add a "Note" section on the watchlist and type it there.

zoomlemon
zoomlemon Nov 16, 20 2:53 AM

@StarSedz Great idea! I'll have to do that. Dont think it exists on etrade. Thanks man:)

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