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Under PDT ruling.. :(
2ND TRADE - Friday 10-30-15
I noticed #VSCP on Friday jumping around the 4s On the market open. Before tim called it, on my scanner. So i guess you can say that I'm becoming more self-efficient:) I was very hesitant on entry. I told my self that I was going to observe and learn.
Emotions took over because I was calling every move to myself and gained confidence.. and BOUGHT 400 shares at the peak ish area at 6.15 and SOLD at 6.46/6.48..
Like on my last post I said I needed work on my execution and so on I had forgotten, I still had 100 shares. Price was flying down and I noticed my P/L was moving still. After that I got scared shit less haha, SOLD at 5.69. So I lost my profit by alot. But still came out with some profit on the good side ! Learning experience.
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On Monday 11-2-2015 I did the same as Fridays' Trade but I didnt execute any trades at all. So I was calling every move by watching and observing on TOS platform using the level2, Active trader, charts, and time/sale. So the day goes and executing orders on my head (my type of way of paper trading haha). At the end of the end I gained my confidence and planned on entry the following day (tues.)...
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3RD TRADE- TUESDAY 11-3-15
My thoughts this morning was that this stock still had juice. I up before pre-market and started my day early. I was watching and observing.. noticed that 4.15 was good support to buy at so I did. #VSCP BOT 4.15
VSCP was moving very slow and low volume and had my doubts but it was at 10-15 cents and it never touched bottom where i bought. So I had confidence to stick it through and later Sold too early at SOLD 4.42 It dipped but later jumped up to 4.70s area. But hey I gained in profits and im growing my small capital !
30mins in total and now time to enjoy the week ! BIGGEST GAIN SO FAR ~!
Oh and I reached my PDT -.- So i cant trade till this friday... Hopefully theres another one like VSCP. Of course Ill be prepared !
-PETE
P.S I dont think I can do mobile trading because i cant see the level two lol maybe later when I gain more exp.
I feel like I am doing good but more room for improvements..
thanks for reading !
Ya that dang PDT is just terrible. I'm using Ameritrade, and I've found that making several accounts, and switching your money between accounts once your limit is up can get you more. However, every time your money moves you have to apply for margin status again. It seems like the time it takes for a margin status request to be processed takes anywhere from an hour to 2 days.
try speed trader to get around
PDT
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