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@RolandWolf Hello Roland. Quick question about your early small account strategy of trading overnight gappers. If in the morning the stock did not gap or run did you bail immediately? Or did you give the stock cushion to retreat a bit before running? (IE, if in at 3.50 did you give it room down to res at 3.20 or was it a always green or gone?) Thanks for your thoughts.
Hi, why do you have an 11k loss ? @CaptainJames
Yep, Breaking rules. I've been watching the market from the sidelines. I'm going to be trading soon. I'll still have losses, but I'm done letting them run, hoping they'll turn around. Meh.
Nice! Yea that's the theory. Plan a good trade, ride it if it's good and exit if not.
Yep, no emotions, just rules. Learn the hard way, you'll never forget the pain.
Ouch
great explanation Bob
i love the way you explain please do more in the future :))
Thanks
Thanks Bob
@CaptainJames - I see you are using E-Trade. Do you know if they charge multiple commissions if you have a large order that has partial fills? For example, if you want to buy 5000 shares of a penny stock and they need to fill you in 3 different orders, do you pay 3 different commission? Thank you!
I am kinda new, however, I am pretty sure they only charge you for each order, buy or sell, that you make.
@timothysykes Tim! I made my first, real money, stock trade ever, today! I shorted both 2000shrs. of NAK & 4000shrs. of DRYS for a total profit of $319.83! Dude, I'm so pumped! I'll be posting as soon as the brokerage does, so that it'll show up on my chart! Thank you! Only $999,680.17 to go!
its not even about big profits right now down the line you might make 10X what you just made on same trade due to growing your account
No doubt, thank you. I'm very excited about finally breaking the ice!
@thinkingcreates just became a fully transparent trader today!
Great question, I hope he replies. Roland is an inspiration!
For the most part, I would cut if it didn't do what I wanted. Only exception is if there is a strong support level somewhere near that I could play off of .
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