Dozatism

While I'm educating myself (Thanks @timothysykes) I started paper trading on actual paper notes. I haven't signed up for a brokers account yet. I was watching two companies yesterday. LCLP I would have broke even because I was afraid to hold it. NVCN I am shorting and still holding. I am expecting it to continue on its downward trend. I am still not sure how long brokers allow you to hold on a short. Notes from yesterday - 6/21 LCLP - long stock - should be a long hold 30day advertising started a month ago.. Hold for 2-3 days if possible. Wait for price to drop to .59 (Current Time: 2pm EDT) Could buy at .60. - maybe sell now.. After investigating. I didnt' check the volume again.. Doesn't seem to have much. NVCN - short stock - bought at .65 a share @ 2:34p EDT (750 shares 20-30 cent movement is 150-200$ risk). Should drop down to .59 no later than close. Its low is about .47.

Dozatism
Dozatism Jun 22, 16 4:31 PM

I realize I am probably not using correct terminology.

Dozatism
Dozatism Jun 22, 16 6:44 PM

NVCN is having trouble breaking .58, I will watch tomorrow to see how things go. Hoping it gets to .55 and I'd be up .10 a share. It doesn't seem worth the time at .10 and hoping it breaks .55 before or by Friday. Stock is moving slow...

Dozatism
Dozatism Jun 23, 16 12:48 PM

Morning panic and NVCN drop to .55 a share.

Dozatism
Dozatism Jun 24, 16 12:38 PM

Nvcn is down to .50 a share

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Dozatism

@Dozatism just became a fully transparent trader today!

Dozatism
Dozatism Jun 20, 16 5:49 PM

I'm not officially trading yet. I started educating myself a week and a half ago. I plan to start trading in 5-6 months. I wasn't going to jump on here till I started trading but I wanted to see how people were playing and analyze the patterns they traded on.

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Dozatism
Dozatism Jun 23, 16 8:23 PM

I'm new to the market and wondering if Sure Trader is good starting platform for small accounts?

Dozatism
Dozatism Jun 23, 16 8:49 PM

Also is level 2 needed when trading penny stocks?

pateltrader
pateltrader Jun 24, 16 3:44 PM

SureTrader is a good platform for small account and yes its good to have level 2 when trading

Spennie
1
Spennie Feb 03, 17 1:23 PM

Don't use this broker under any circumstances - trust me! Lots of hidden fees, almost impossible to withdraw money. I've been waiting almost three weeks for about $5k I want to move to another brokerage account. I've been charged about $180 in withdrawal fees as well that they claim are charged by their bank.

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