Received 1 Karma
Fox_Trader
Fox_Trader Mar 06, 17 7:31 PM

For Forex use Tim's trading technique PERIOD.

DaMicroTrader
1
DaMicroTrader Mar 06, 17 10:22 PM

@Jason_Raposo Definitely will do. I might add a little more time to paper trading then to get a betterm feel. Like i said, i slacked a little bit. But yeah, i like Tims techniques. Hopefully savev up enough one day for one of their dvds. and Oanda is another FX broker. They were one of the top when i seached and they required less capital. I do have a TD Am account as well so im practicing on both of em. Whichever i feel more comfortable with will get the first live account.

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TraderH
TraderH Jan 13, 16 3:45 PM

Probably Amber Hestla of ProfitableTrading.com and Dr David Eifrig of Stansberry.com. They both sell options for income. You need at least 20k. Amber is the cheapest and she has 2 newsletters.

TraderH
TraderH Jan 14, 16 2:11 PM

Daytradingradio also does options too but mostly buy side. Their results are okay. Smarter option traders mostly sell for income.

TraderH
TraderH Jan 14, 16 2:12 PM

Profitly used to have some option traders here but they didn't last long.

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DaMicroTrader

@Ike Hey Ike, I liked your "Are YOU Ready? If not, DON'T TRADE! + MY DAILY ROUTINE and ADVICE :)" blog. I'm still working on the getting up on time. Anyway I read your site tradelikeike.com and you said you started with a small account. I'm trying to save up as I go. Havent done any real trading yet. Still paper trading. How much did you start with or what was the general size (hundreds, thous, etc), if I may ask?

Ike
Ike Nov 05, 15 9:06 PM

Thanks. So my account size actually wasn't that small, but I did limit myself to small size trades only and I continue to preach how crucial that is. For most trades I used just a few thousand or less and often still trade with that size

Ike
Ike Nov 05, 15 9:06 PM

and by that I mean the total $ amount I had on the trade, not the number of shares.

DaMicroTrader
DaMicroTrader Nov 05, 15 9:34 PM

Nice. thank you so much. gives me a better idea on when i feel comfortable to get started. Trying to learn how others got their start but still trying to learn to find stocks on my own as well to paper trade. thanks.

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DaMicroTrader
DaMicroTrader Nov 05, 15 9:21 PM

try em all (free trials preferred, if any). You'll find the one you're comfortable with. I personally like ThinkorSwim from TD Ameritrade

Reverend
Reverend Nov 05, 15 11:27 PM

you can open a TD Ameritrade account and not fund it and get Think or Swim for free.

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DaMicroTrader
1
DaMicroTrader Oct 14, 15 11:05 PM

@ksinghosu Checked it out... it most definitely would have helped..... But it only works for android and ios... I, sadly, have a windows phone.,.. sigh

BBetter
3
BBetter Oct 15, 15 1:58 AM

Better wait (work, save money and learn) until you have at least 2'000$ to your hand. There are lots of videos and blogposts to read meanwhiIe. I don't say it is impossible to grow a 500$ account but with a broker like robinhood you will definately have problems at execution etc.

ksinghosu
ksinghosu Oct 15, 15 9:23 AM

trade king only charges $5 if you want to look into that

ksinghosu
ksinghosu Oct 15, 15 9:37 AM

@DaMicroTrader If you know of trades that are at buy low and sell high let me know. Since I am noob and have a small account I want to stick to that #longstocking

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Dylan158
Dylan158 Oct 12, 15 8:41 PM

So you're saying i probably cant short with a cash account?

Jdrifter21
Jdrifter21 Oct 12, 15 8:57 PM

From my understanding the short answer is yes because in a short sell in defination is selling a stock from a brokerage which you really dont until you do what is called buy to cover. Plus with a margin account your putting yourself at a higher risk to short sell. Dylan to help you this web page explain why you need a margin account http://www.investopedia.com/ask/answers/05/marginaccountshortsell.asp

Jdrifter21
Jdrifter21 Oct 12, 15 9:02 PM

Im sorry i forgot to add the word "own" in between dont and until

Drillsgtgi
Drillsgtgi Oct 12, 15 10:52 PM

Thanks drifter. That helped out greatly. Being new here as well I am still learning the ropes. My head is still spinning.

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Received 8 Karmas
Learnthings
1
Learnthings Sep 30, 15 7:25 PM

Thanks for posting this. It's helpful getting inside your thinking. I'm a little confused, though. In the first example it looks like you got in and out at about the same price. You lost $200 on it?!?

Palmer
1
Palmer Sep 30, 15 7:55 PM

That's why I had to zooom in the price so much. Even though it was stuck in a range, that range was about 40 cents up/down. Those first fwe spikes really skewed the look of the chart. If you can go back on that day you will see what I mean. Thanks for commenting!

Learnthings
Learnthings Oct 01, 15 6:46 PM

Got it. Thanks for the explanation :)

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Received 31 Karmas
CalvinMcCaw
CalvinMcCaw Oct 17, 15 6:53 PM

One thing I forgot to ask, how much did you start trading with back then in January? How much money would you recommend me to start trading with?

Ike
Ike Oct 17, 15 6:59 PM

I'm glad to hear u are disciplined. I did stop selling it. I will release a revised and improved edition in the future, but for now I need to focus on myself and my own trading. I'm not ready to be sharing it all and mentoring yet, it turned out to be pretty stressful for me. I started with 18k of my own capital but never actually needed all of that

CalvinMcCaw
CalvinMcCaw Oct 17, 15 7:08 PM

I can only imagine how stressful it must be, especially since this is your first year as a day trader. I am looking forward to learn more from your success and again want to say thank you for your advise and being so transparent. I will talk to you soon my friend, have a great weekend!

Ike
1
Ike Oct 17, 15 7:10 PM

No problem. U2 bud

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