SlavicV

The secret is in shorting. Just evaluate dux's past trades and you'll see it for yourself. Other than that it's simple resistance and momentum trading. The hardest part is finding a broker that has shares to short on the daily running stock that's up 100%. @dux where do you find most of your shares to short? I'm using Interactive Brokers and they never have shorts available on the daily running penny stock.

Dzrock9
1
Dzrock9 Jul 29, 6:59 PM

Its not all about shorting. Its just what dux is most comfortable with

olli400
1
olli400 Aug 18, 12:04 PM

There is no secret - the longer you think there is a secret the longer you'll implode your account

Join now or log in to leave a comment
PocketPAT

lol I love calling ETrade. They’re fast-talking customer service guys are straight to the point. They sound like cocky wallstreet bros. “Congratulations, you’re the first person to ever ask me that question.” I was trying to see where I could get a “Day Trades Left” count on ETrade Pro a week or so ago. It was maybe the third time I’ve called them and I love it, feels like I’m talking to a regular person. We found the solution a minute or so later and he even chatted afterwards about my trading strategy and PDT. Maybe it’s just the “Elite Member Support” guys. Interactive Brokers’ people sound stressed and annoyed. Starting to really enjoy ThinkorSwim as well.

Join now or log in to leave a comment
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!!!

Join now or log in to leave a comment
PocketPAT

VTVT double-bottomed just now and is attempting to break above resistance at 1.70; but honestly it's broken too many levels to regain my trust today. I only have one trade left this week under TDAmeritrade, as Interactive Brokers will not be done processing funds until about Tuesday; so I'll save my last trade for a potential play tomorrow morning =)

Join now or log in to leave a comment
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 =) ...

Join now or log in to leave a comment
Page
of 26