PocketPAT

I've been averaging trading only three days per week for a month or so (given my schedule and quite simply there not being perfect setups every single day). This seems to confirm that six day trades should be enough, even for *potentially* sizing-in (blegh). Interactive Brokers seems cool and there are certain aspects that I've come to like in my limited time using Trader Workstation; but ThinkorSwim has grown on me and I am IN LOVE with ETrade Pro... I'll stick to just two accounts and after getting over PDT, I will GLADLY combine everything under ETrade =) =) =) --- Round of applause for StocksToTrade, as it hasn't crashed in nearly two months (it definitely crashed multiple times per day before that). Could be the updates, but I largely suspect that it just isn't ready for broker integration. As soon as I removed my brokerage accounts (and you have to click remove AGAIN after they disappear to remove them from the background), it began to move at lightning speed, with not even one error message, started loading much faster and yeah; it's not crashed even once. So I'm pleased =) ... My trading tools are fitting like a glove!!!

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PocketPAT

LOL ... I will NOTTT buy this confirmed bounce........ I will watch..... and take notes for tomorrow =) *closes ETrade Pro* =) =) =) HNNNNNNNNNNNNNNGGGGGGGG!!!!! O_____O

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PocketPAT

The only watcher I have so far is LGCY. It's down off of it's highs, but near multi-term support at 0.50. I will be looking to enter a dip buy there, either on the initial dip or on a Multi-Dip Recurl. Should it break that level, all bets are off in my opinion. If it can truly bounce from there, it has plenty of room and little resistance to double if not triple. Yesterday was a very solid FGD and it has a couple minor resistance levels to break, but it's a former runner, biggest % gainer, up on news. Although, judging my the Market Cap and Float, this ticker may take all day to run up. Looking at the chart from yesterday, it's a slow mover, which makes sense based on the previously mentioned fundamentals. I unfortunately don't have much time to be in the market today, and since this is the only watcher for me, I'll just scrap today altogether =) ... I'll keep LGCY up though, to see later whether or not my theory panned out. Wont be able to trade tomorrow either, but that's ok since I'll still be waiting for ETrade to free up a couple day trades anyway. I need to catch up on my video lessons, so I'll take the time off to do that instead.

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PocketPAT

OBLN is setting up a nice #2 Mid-Day Perk Pattern =) =) =) ... Now we just need an hour or so of consolidation to form the solid support level. --- I just got in once it broke out over 1.49, but it was a fakeout breakout so I cut for a break-even *sigh*... Higher highs though, so now I'll look to enter only at 1.58 over the main HOD. Only one trade left for TD Ameritrade and Interactive Brokers isn't funded yet, so this last one has to count until ETrade frees up some trades in a couple of days. --- On second thought, even if OBLN breaks out, resistance is just a couple of cents away from last Thursday. I'll save my last trade for a better setup. Two trades is more than enough for one day =) ...

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PocketPAT

You know what! ThinkorSwim ain't so bad =).... I'm out of day trades over at ETrade, so I'll be using TDAmeritrade and switching to Interactive Brokers later this week (if I can get them funded in time). I need to get comfortable using all three platforms. Watchers This Morning: SBOT, OTLK. ----- After qualifying both, SBOT isn't REEAALLLY a strong FGD (it's choppy with the up and downs) and it's down off of it's highs. It could breakout again and that's what I was looking for. It IS technically breaking out right now, but there's no news and volume is atrocious, so I'll be scrapping this ticker today. OTLK is looking super promising in premarket.

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PocketPAT

Hmmmm.... Starting to strongly consider revisiting my original bread and butter setup: The Initial Dip Buy (at the open).... Technically I did make $6k+ on it and while it WAS through paper trading; if I can manage the execution speed, with small position sizes, I could 1) grow the account slowly and 2) setup morning cushions for potential Multi-Dip Recurl losses for overall break evens on the day..... I'm definitely going to try this out next week with micro positions, just to get used to the speed and volatility again. My executions at ETrade have been super fast and SBOT was a perfect example today of a potential $400 gain on the first dip bounce. Notably, there was consolidated support immediately at the base of the bounce. That's what I would ideally be looking for to support myself.... Hmm.

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PocketPAT

It actually feels like a really great idea to use all three of my accounts. ETrade and TDAmeritrade for Multi-Dip Recurls (6 Day Trades) and Interactive Brokers for Overnight OTC FGDs (3 Day Trades). This way, I don't have to worry about losing day trades from failed Overnight OTC FGDs in the afternoon because 1) I won't be trading them too many times per week and 2) if I need to exit the position, it won't take away day trades from my primary accounts.

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PocketPAT

Finishing out this week at 1/3 of my weekly profit goal with a $381 equivalent. Only three trades though: one single and two scratches. All considered, it was great week!!! These last couple of practice weeks are going swell. I've completed 4 of 10 practice trades and should be done with the rest within a week and a half. Each practice trade level is a bit more sized up and it's been very comfortable so far. I'm completely acquainted with ETrade Pro now. StocksToTrade hasn't crashed in weeks, also running extremely smoothly. It's confirmed that six trades will be enough per week. Still need to get some Multi-Term Breakout experience, but the Multi-Dip Recurl is locked in as my daily driver. We're pumping on all cylinders. On to next week =)

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PocketPAT

I love, love, love how quiet, smooth and stable StocksToTrade has been running all week; without any crashes or freezes, even during peak trading volume and Level 2. It was a great decision to split StocksToTrade and everything else with two separate laptops. I think broker integration is what was killing STT for me. It's been excellent ever since I've done the split. Executions are much faster through ETrade Pro as well.

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PocketPAT

NVCN is bouncing for real now from the bottom, less consolidated support level. I'd learned from experience that these less established support levels are much less likely to be used for true bounces; as I've missed many MDR opportunities by trying to enter at them. For this reason, I am pleased with my trade still. Overall, I was right about the setup as it's now bouncing nicely. We'll see how far it goes, but that's three day trades for ETrade so I'll be looking to trade on IB tomorrow if anything pops up =)

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