Received 1 Karma
redcandles
1
redcandles Apr 25, 16 10:22 PM

I haven't been trading very long myself, but I definitely suggest trading during the day instead of over night till you really get your feet wet. I learned this the hard way. But if you like overnight I would at least trade small positions until you get consistent with certain setups. Goodluck man!!!

Fox_Trader
1
Fox_Trader Apr 25, 16 10:42 PM

Your first trades you are going to mess up ,everyone does at the beginning then you learn what not to do. Try smaller positions from now on. Once you have more experience then you can size up. And For MCUR I would sell it as soon as possible, Cut Losses Intelligently, Or Cut loses Quickly. Hope this helps.

goodtimej
1
goodtimej Apr 26, 16 12:05 AM

I think im going to begin trading really small overnight positions, too. Good idea!

Daniel_Ratcliffe
1
Daniel_Ratcliffe Apr 26, 16 3:03 PM

Try smaller position sizes to get your system perfected. I'm a new trader too and playing with small positions. The position you have in MCUR @ 2000 shares looks big for only your second day trading. At least you know where you are going wrong, just learn from this now.

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