For one Lx21 does follow tim sykes chatroom. For to have you not listened to tim tykes blogs and stuff. With penny stocks you can pile in millions of dollars. So lx21 seem to have a good grasp on what hes doing and understands that. As for trading yourself. You need to play bigger then you are cause commission are eating you alive. looking over your trades you need to come up with a plan. Remember if you make $20 profit on a trade $12 is commissions, so you really only made $8 and if you lost $20 on the trade you really lost $32.
@vvryan10 welcomes you to their trader wall!
Read over and review. Commissions are the killer of small accounts. Cost on average 8-12 a trade on commissions. componded onto loses it adds up fast. On small accounts you must not over trade and be very selective when entering a trade. Good luck
Don't give up. I'm looking at both trades. UQM need volume to push it back up but it's hard with a medium float stock on low volume. To answer if NAKD was a chase, it was if you bought around 10AM. You need to buy at key breakout levels. The better buys would be at the breakout of 1.70, 1.80 or 1.90 if you missed it. Look at my charts from today for entry points.
I just read your last paragraph. You're still young, so don't give up and just keep studying. You've only made 33 trades! Just come back when you've got some money saved up. And by then you'll have more knowledge, just keep studying if it's your passion
@Chongette32 I bought at 9.40am USA eastern time. I'm not giving up, thanks for advice, I have 1/3left, was just saying to another trader It could be much worse, I can top up my money and paper trade and continue studying. Thanks for the motivating comments.
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