PocketPAT

Sadly, I've had nothing but problems executing orders through StocksToTrade. It WORKS, but 1) it makes STT super laggy, 2) there's an extra delay between STT and the broker for both execution fills (DANGEROUS) and registering green/red chart arrows for visual order reference, 3) the API could be having issues, because ETrade doesn't let you use more than one instance on your account at a time (for example: I can't use Power ETrade AND ETrade Pro at the same time, it logs me out of one when I start the other) which is an issue because STT just freezes up completely when I launch any ETrade platform (TERRIBLY DANGEROUS MID-TRADE) (it's not STT's fault, but it doesn't handle it well by completely freezing or crashing). STT Support told me to reach out to ETrade, I decided to just skip broker integration on STT altogether. All kinds of API errors were popping up on STT from ETrade AND Interactive Brokers... And I really didn't like how STT Support just left it at, "talk to your broker".... Like I said, it'll work, but STT is MUCH MUCH MUUUCH smoother without brokerage accounts linked to it. It loads at least 2-3x faster as well. My biggest question is WHY does it crash/freeze when there's an API or connection issue? Why doesn't it just say "disconnected" like other platforms, but still run perfectly fine? Either way, it's worth more in the long-run to get acquainted with individual brokerage software platforms, as I really don't want to be tied down to using only STT for everything. So I'm very pleased with today's progress =) ... Other than broker integration, STT is phenomenal.... so far. (albeit it still won't save chart markers after closing the software but whatever, that started with this latest update so I'll be waiting for the next one). For anyone wondering, STT is still very much worth the monthly price; and for anyone who would say that I "shouldn't have to deal with these things for the amount that it costs", that's unfortunately a loser entitled mentality that would get me nowhere. I am more than willing to figure out how to make it work to do what it needs to do for me to make MONEY. That's all that matters in the end here.

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PocketPAT

I love executing orders on my 2nd laptop. I'm only running StocksToTrade on my MacBook Pro and it's running SO quietly and smooth like butter (no jet engine CPU). No lagging, skipping, freezing or crashing during my trade today. My HP laptop is high performance, so no worries there. Finally getting really comfortable with navigating ETrade Pro; now I just need to get comfortable with Interactive Broker's Trader Workstation as well. I'll stick to ETrade Pro until I run out of trades and then likely switch to IB on Thursday or Friday. My setup is: STT on my 32" Monitor via a 13" MacBook Pro (for trade planning, strategy and chart monitoring), HP ZBook G3 Studio 15" laptop (for order execution and position monitoring via brokerage platforms, Microsoft Excel and Profit.ly).

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PocketPAT

Just realized, while personalizing ETrade Pro, that OTLK is locked in a consolidation channel. I'll be watching for it to breakout this afternoon as that could have it retest or even break the 3.35 high of day. I wouldn't hold it overnight though, as I don't feel that confidence is high on this one. --- 1:58pm: Now it's testing the support low. If it breaks 2.62, it's pretty much dead....

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PocketPAT

My practice-trading plan for the remaining 2-3 weeks is to complete 10 practice trades: two $500 positions, two $1000 positions, two $2000 positions, two $4000 positions and two $8000 positions. This will help me get used to 1) executing real trades, 2) executing trades through the various brokerage platforms (Power ETrade, ETrade Pro, IB Trader Workstation) and 3) trading with size.

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PocketPAT

After consistently confirming TWO solid setups this week, which both have long-run potential (2DR + #2 Breakout); I've decided that six day trades per week SHOULD be enough, instead of nine. I'm splitting my TD Ameritrade funds between ETrade($8.5k) and Interactive Brokers($8.5k), to start with $17,000 between just two accounts instead of three, for six day trades.

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PocketPAT

After calculating Friday's clear $1960 profit potential, I'm wondering if I should skip practice-trading with micro-positions and get right into it; but I think I'll do at least two to four weeks of practice trades while still completely funding all three accounts. Tomorrow I will split $7,100 between ETrade, TDAmeritrade and Interactive Brokers (2.5k, 2.5k, 2.1k) until I gather the remaining $8k to fully fund $15k in total (likely in the next four weeks).

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PocketPAT

That actually makes SO much sense.... ETrade, Interactive Brokers and TDAmeritrade... I can bring back the 2DR setup and even if I have a bad entry, I can cut losses at like (-$50) and still have 8 trades left. Reenter at the true bottom after a confirmed bounce, ride the move and take a 10% win of $500, grossing +$450 on the day... Still 7 trades left and already over weekly profit goals to hit PDT by January.... Feels like I NEED to do this... It’s decided.... Bedtime =)

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PocketPAT

After using StocksToTrade for a couple months and then trying ThinkOrSwim and ETrade Pro, I appreciate StocksToTrade MUCH more... The others kinda seem terrible in comparison... You really have to appreciate what StocksToTrade has been able to build with limited resources. Imagine if they had the multi-million dollar budgets that these mega-brokerages have had to build and maintain their software.

Alexag
Alexag Jun 06, 3:21 AM

Great Job Andrew!!

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PocketPAT

Going to start searching the StocksToTrade news module for the words "Annual", "Awards", "Present" "Summit" and "Conference" during my 3pm First Green Day overnight scans. ATOS is a perfect example of how, if you'd gotten in yesterday during the slight run-up after news broke that they'd be presenting at the annual "Breast Cancer World R&D Summit" on Thursday, you could have seen that they were a former supernova and gotten in at support with little risk. You could have profited well over a dollar per share this morning. With more than enough volume, that would have been an easy $2,000 gain for my small ETrade account (w/ 2k shares).

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PocketPAT

lol I'm so over it.... STT just crashed three times. I blew up their support email. Seriously considering dumping StocksToTrade at this point. On the phone with ETrade about their Power ETrade platform.... I'm so f*****g done.....

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PocketPAT

LOL..... Ehhhhhh, the Power ETrade iPhone app didn't exactly work out for order entries... #LotsOfFumbling. Partially my fault, but I think I'll test out StocksToTrade primarily for executions. I missed 3 of 4 dips just by looking at my phone. All in all, just about all of my watchers were SOLID dip opportunities (no panics)!!! =) Very pleased. I guess people were itching to trade after the three day weekend. Remember: the higher they go, the harder they fall.

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PocketPAT

So far, the Power ETrade iPhone app is pretty cool. I like how I can save order drafts for easy sending at a moment's notice, much like I can on StocksToTrade =) .. So just like on STT, I can prep orders for all morning watchers and wait to see which one pops off. Then I can quickly select that order for quick submission. #NoFumblingAround

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PocketPAT

Considering using STT for planning and strategy, but making executions through brokerage apps on my phone. This accomplishes 1) never accidentally using an account that has run out of day trades (because I’ll have to CHOOSE the specific app each morning), but 2) not mixing execution platforms between STT, ETrade Pro and/or Thinkorswim with my laptop CPU going “jet engine”; and also 3) alleviating the execution delay from STT and sometimes wondering if my order is pending or got filled (sometimes STT doesn’t register the status in the order box and just randomly says “completed”) by submitting orders directly at the source (iPhone apps). The apps also are very straight forward with what I want to do (make executions). Not too many bells or whistles, just: action, quantity and price. Going to test it out this week with micro-positions to see how it goes. Testing STT execution time again this week as well.

Bingtrader16
Bingtrader16 Apr 21, 9:50 PM

Can you have Etrade Pro if you are under 250k?

PocketPAT
PocketPAT Apr 21, 10:17 PM

@Bingtrader16 yep. As long as you have an account with them, they told me that you can get Etrade Pro upon request. It’s available to download from their website, but you have to call them to get it activated and you have to be an “Active Trader” (you have to tell them that you’ll be trading more than 30 times per quarter).

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PocketPAT

Feels really comfortable having ETrade Pro up and running on my main laptop screen, just to monitor activity and order fills from coming StocksToTrade; just in case StocksToTrade crashes mid-trade on my big monitor. I'll be able to easily switch to ETrade Pro to finish the trade within five seconds.

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