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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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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