ramitko

Up to this point I've been paper trading, which has been great. It's allowed me to be less reckless, more attuned to what works and what doesn't, and put certain practices in place, but I feel like I need to start putting some skin in the game while also getting accustomed to real orders with the broker, and practicing. Completed section II of Complete Penny Stock Course, along with the 30 day bootcamp, and Challenge Orientation + Homework. Admittedly, I still have a LOT of stuff left to study, but I feel like I've been making good and consistent progress. Complete transparency, I have >$80k in my Schwab account to start, however I'll be pretending as though I have $25k, risking no more than 1% per trade.

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rey_11

*Month Recap: Another milestone in the books! I’m officially over PDT! The month started out pretty well then took a sharp decline due to unforeseen circumstances (Wifi down), which, from what it sounded like, came at a good time as the market screamed to the downside from worries on the new Covid variant. Momentum, volatility, and volume have all been super low or even non existent it seems in OTCs. Another big thing to note for my future trading would be that I’ll be switching brokers from Schwab to Fidelity as Schwab will now charge $6.95 per OTC transaction. In light of this I will also be switching from a cash account to a margin account, due to PDT now realized. Month ended pretty well despite only having 3 trading days the last week and a half. Gain loss analyzer shows I’m still trading in my sweet spot. I’ll be really missing this for future recaps and personal accountability. I’m posting my YTD chart via Schwab as I’ll be no longer using its features. Still on the sidelines for now, waiting for my transfer to Fidelity to go live, which will hopefully be a good decision. Next milestone for me is 50K. LET’S GO!!!

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DLT

BTW - I *did* manage to import my Schwab acct stats ..... they're just a pain to do because it doesn't accept excel csv files for some crazy reason. You have to hand-create a text style csv file.

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BryanV

Hey dude, I'm grinding through the video lessons and I see you in the comments. Keep it up and good luck. I'm not an expert, just now am I starting to make back losses but the screenshots are nice, I try doing this too. From looking perhaps try buying the initial all day high breakout at the level and risk off the same level to prevent large % losses. Don't buy a stock at its highs or uptrending and think it will keep going up for whatever reason, I would get burned every time doing this too. If you are considering a dip buy, perhaps wait for 1-2 green candles to show it might actually uptrend more. You make less because you might have to wait for confirmed price action, but it increases the odds. Last thing dude, I have been very happy using Schwab and switched here from TD. No commissions buying OTCs with Schwab although I think they do charge foreign stock commissions too.

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