First trade ever. Trading with TDA thinkorswim desktop (great platform) 3.260.00 capital.
I was nervous as hell looking at the LVL2 and sale times in pre-market and open. (crazy movement)
I bought in at 1.40.. 100 shares. A little late on buying on tims alert.
I sold at 1.45 in 5 minutes... Glad to say I'm pretty happy for this gain. haha
I say not bad for my trade, also getting my feet wet because I didn't put in a lot and it was all for learning purposes. (not scalping)
I am still new on executing orders, also what scared me. I need to study more on that....
Overall, I like trading... I already see a great future haha.
-Pete
Also, I am on the 60 day free trading promotion. So i didnt get killled there. lol
Posted Oct 29, 15 10:32 AMbypeterboxeo
Tickers
OHGI
Thank you all ! I didn't get charged because im under free trading for 60 days under TDA promotion !
@Raidon I was looking to 30% but it failed and had a mental stop at 1 cent if that makes any sense haha Overall i just wanted to get my feet wet with the executions on real time because paper trading was not doing what I wanted it to do!
is td ameritrade good for shorting and buying penny stocks? and how much money do you need for margin? and do you use level 2 and charting and is it thinkorswim platform for charting and level 2, and are the executions great do you get filled?
@trader91 Havent started to short yet, still new but i tried on paper account and they did not have some shares to borrow. I think your best bet would be IB, which was my first option but i am not old enough to start an account (21+)... TDA minimum for margin is 2k, I do have a margin account with them and you need to sustain 2k. I do use LVL2 and charting on thinkorswim platform.. The excutions this morning were great, but this is my first broker. I am sure there are far better brokers that exe
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