
@SurferSue finviz is good, just delayed 15 minutes. yahoo finance is good as well.

@SurferSue finviz is good, just delayed 15 minutes. yahoo finance is good as well.
The first green candle in the pull back is the shift in momentum, so I buy the break out above that 1st green candle. It is just a better confirmation that the direction has changed.
Bob: I took almost the exact same trades. I was in an out twice...in the morning at 2.76 and made 12 cents or so, then at the first dip again at 2.76 for about 20 cents. I got out waaaay to soon...neglected to check the float because it spiked too fast at open. Nice read. Gotta be quick.
As long as the price action stays above the 15 EMA one can stay in the trade and make more profit
I agree.
Thanks I'll take a look at it...Did anyone read any of the Market Wizard books?
@SmokemJay make sure you write down your setup rules and follow them religiously. Your emotions are your own enemy
tim G's video really helped me
@SmokemJay Market Wizards is one of the best trading books you'll ever read. It changed my trading dramatically listening to what the best traders in the world went through and the way they approach the markets. Also @DaveSD80 is right Mark Douglas is the standard for trading emotions, can't go wrong with his books either.
AWESOME TRADE!!!! Very nice execution!!! Keep up the good work hopefully i'll get good eventually...
@SmokemJay thanks man! I am earning to take small profits I was up $150 but got a little greedy
if you have twitter , maybe we should chat on there because its hard to see new nessages here
https://twitter.com/StevenWolfer1 here is mine add me and we will talk there
stay way from buying CLRB
away
@yawnabit The RSI has the 70 and the 30 indicators - which one is overbought and oversold?
30 or below is oversold, 70 or above is overbought. Think buy low sell high, on the RSI chart it looks the same way.
Yup thats correct @dbryant85 i forget the numeration but thats a good way to remember. Buy low sell high. Also dont be afraid to research. Id say i learned more off the free web material than all the material i pruchased haha. You dont really need alerts none of that, i have like three newsletters alerts and dont really follow any, i just did it to find out their strategies, which is usually support ressistance, breakouts and breakdowns. Bout it really
im not sure but i think IB and Light speed charge you per share when you buy and again when you sell,..So for light speed and IB you have to multiply 30,890 buy their cost per share that is .005 for IB .0065 for Light speed Example 29 Trades total(Buy and Sell) TOS 29*9.99 287.1 Etrade 29*9.99 287.1 IB 30890 Buy 154.45, sell 154.45 Light speed 200.785, sell 200.785 Once again im not sure, new trader also
if i buy 5000 shares, IB will charge me 25 to buy, and again 25 to sell..but it will only cost me 20 with etrade and TOS
its all relative, if im buying more stocks and selling the stocks same day, other brokers are better...example 5000 shares buy (25) and sell 5000 (25), thats total 50+ with IB and Light speed,, if i do this trade with TOS or ETRADE thats only 20...so its all realtive...more trades ot more shares
Of course they are because they are giving you an average of price for 15 and 30
Days. But don't take my word for it, add them to any chart for any ticker that has done well in the past and see for yourself
I didnt know you made videos! Awesome! I liked the set up with the two monitors. Why did you sell that stock when it didn't dip below your entry point?
No telling why it's one of those where I left huge profits on the table , I can recall was pissed off for days after that........
The key to trading with Cash accounts is to only trade with settled funds. If you have $10,000 in your account and you perform three days trades on Monday then you'll have to wait for those funds to settle 3 days later before you can trade with them again. I converted one of my TD Ameritrade margin accounts to a Cash account and day trade options every week and do more than three day trades and never got flagged.
Also, the way I understood it back when I was with Scottrade, if you have a Cash account with $10,000 in it and you use $5,000 to to day trade on Monday, those funds won't settle until 3 days later, which is Thursday. You can still trade before Thursday but can only do so using the remaining $5,000. If you day trade with the remaining $5,000 on Tuesday then those funds won't settle until Friday.
Where I think things can get a little ugly with Cash accounts is that the 3 day settlement period applies to both day trades and swing trades. Even if you hold your positions overnight and sell them the next day you still have to deal with the 3 day settlement period whereas you don't have those types of restrictions when swing trading with margin accounts.
Day-Trading Margin Requirements: Know the Rules http://www.finra.org/investors/day-trading-margin-requirements-know-rules
Open an account with TDAmeritrade, their Platform TOS "think or swim" is awesome, gives you all that info for free! Ameritrade does not have a min to open an account, you wont regret it
Thx ragetoca. Will look into it. Hopefully no time delay for their stock screener.
I like Stocks to Trade. It has lots of custom screens you can build. But, Finviz as a paid subscription is less expensive.
I agree with ragetoca
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