@dux Are you taking a break from trading?
intresting you said that about RLog i said on friday im expecting some type of supernova hopfully soon...low float higher volume past few days and after market hours friday it climbed another 20%
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Don't get frustrated because you "missed a play". The MOST important thing is learning to recognize familiar setups and entry points. If you can do that you can write your own checks for years to come. Take your time getting really good at the mechanics - that's everything that matters right there.
yeah thanks!
Have to agree with xbows here - thats what really matters! But real good job - continue to study hard and gl on your journey!
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what software is that?
@Clean_Supreme Think or Swim but I only use it for charting.
ok thanks! thats only for tdameritrade right?
@Clean_Supreme Yep, I don't trade with them though, I use Etrade.
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Oh my gosh I cant believe that I actually understand what your saying when you explain where u went right or wrong in trades... When I first watched I thought " what the hell is he going on about.." my study is paying off!!! Thanks heaps mate ( Tim Sykes)
ty :)
Thanks Tim. Be Well
Thanks
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@Turbobob ok thanks for input! ive been just looking at lower priced stocks due to having a small account at etrade. is it smarter to look at stocks higher in price even with a lower account?
My theory is you cannot spend % gains, only absolute gains. So, it is irrelevant to me what % gain a stock has when I trade. I only look at absolute numbers. YOu either take big positions on cheap stocks for small moves or small positions in big stocks for big moves. Most of the stocks I trade over $10. move $.50 to $1.00 per day.
makes sense thanks!
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Thanks for the Karma.....Just Followed you to track your progress. We are starting at the same in general time. This will be fun....Good Luck Tomorrow!
Review how to make millions by Tim Sykes and Trade the Ticker by Tim Grittani. But your USD 500 will not cover that. What I do is review the risk levels on every trade. The lower the price, the higher the risk (or you need quick fingers). Nasdaq stocks move very fast!
Thus the lower positions I take. Because I notice that 4 dollar stocks are easier to manage (at break out / opening of the market) then 0.80 dollar stocks.
@Kingstonstock85 Thank you for the advice. Have a great day trading tomorrow.
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@Clean_Supreme just became a fully transparent trader today!
no follow his twitter he just bought a mclaren!
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