
It's midday so remember to trade less, study more, read my newest blog post http://tim.ly/sykesrisk on managing risk, not a fun topic, but VERY necessary! Also please watch this http://tim.ly/sykesask and see we're just $3k to go to building a new school!
What should I do with my 10K shares inUSRM?
I bought @ 0.092
@scipion go into every trade with a plan, focus on your plan, if you don't how to create a plan then watch my free http://traderchecklist.com guide
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I'm new here & from the UK, so no broker account yet, have a look at these brokers https://www.tradezero.co sounds like there operating from the same Island as SureTrader - would be good to hear feed back on Tradezero.
I am here in Canada. Have just started so went with the broker my Credit Union uses at least for now til I get my feet wet. Credential Direct.
Yeah, I got a SureTrader-Account and finally I'm ready for trading.
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Stock breaks out either way because of the volume, shorting or good news. Consolidation in penny stocks is not consistent activity but yes, I heared somewhere that when the stock is being sold this counts as a volume and also, drives the stock up. Newbies are not that active in stocks but chasers sure. Once u hv a stock and you are losing you want to buy another batch as it lowers and then decrease your overall salling price. This is why Tim teaches to sale into strenght and don't take chances.
As the beginner I chase stocks but then I don't rush to sale. This is why you should always leave money aside to be able to chase the stock. I actually did quite well, on 60 trades I have made few hundred dollars. I yet hv to form my startegy...
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cool
@Scott_PaperTrader_legit Thanks for the alert. I'll be watching.
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I did the same thing! I've been here for 149 days! Haven't traded as much as you but hey it's all a learning process. I'm proud of you bud keep moving forward!
Hi Phipps, I hear where your'e coming from. One suggestion, why not try opening a Roth IRA account? I started trading a couple months ago with Ameritrade on a cash account and recently opened a Roth. From my understanding, you can trade at will with a Roth, but won't be taxed on gains when tax day rolls around. You can take out an amount less than or equal to your contributions (max 5500), if need be, but any money you gain in the account is tax free. Just some food for thought. Happy trad
*happy trading, lol
Good Luck!


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