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Janielx
Janielx Jun 01, 17 9:10 AM

nice. I'v been paper trading for a bit and I've really gotten to see what my own pitfalls are. So happy to have doen that without risking any real capital yet.

H2Trade
H2Trade Jun 01, 17 9:51 AM

Indeed! I'm terrible when it comes to executions. Hopefully we can break some bad habits and make some money!

Torkers
Torkers Jun 01, 17 5:38 PM

Welcome to The challenge !! Congrats!! STT is just a really good program that is essential for making it

H2Trade
H2Trade Jun 02, 17 9:23 PM

@Torkers thanks! I can't wait to start binge studying all the DVD's to build a better foundation for myself. Everything is still so foreign to me.

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Fox_Trader
1
Fox_Trader May 27, 17 6:48 AM

Watch Tim's Dvds, Level 2, Shorting, study charts plays, figure out what fits your personality. The typical normal week I'll study between 8-10 hours a day . If I'm not doing market research I'll read Tim's recommendation of books for technical analysis.

DeDave32
DeDave32 May 27, 17 9:19 AM

@Jason_Raposo I,v watched most of the DVDs, i,m watching Level 2 again and Trading tickers again too and half way through The Phychology of trading of Brett Steenbarger. I,m going to spent the next few months studying chart plays and catalysts.

DeDave32
1
DeDave32 May 27, 17 9:19 AM

@TYMTT thanks for that.

JMDev
JMDev May 27, 17 5:55 PM

No problem

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Torkers
1
Torkers May 07, 17 5:20 PM

Great observations - theres money to be made everywhere :)

Janielx
1
Janielx May 07, 17 5:59 PM

Thank you! And I love the comic bubles. Question though, I was trying to paper trade just 300 stocks long on this play and I couldn't sell! When it topped into the 4s I still couldn't get out and I was using E-trade. Any advice for such a situation?

Madbash
Madbash May 07, 17 6:26 PM

@Janielx Hey Jess, I did not know that Etrade offered a paper-trading platform, but they should be able to tell you why it went through. It sounds like you had the right idea, and that is what counts with paper trading. When you trade for real, be sure to use limit orders, and don't be shy about putting your order a few cents away from where you want to get filled. IE your risk level is @ 3.50, have your limit order ready @ 3.45 or 3.40. Especially on OTC stocks!

DfutureBR
1
DfutureBR May 07, 17 9:27 PM

unfortunately when I was watching this on Friday I was too afraid to enter around 3.50 because I thought was very near the top :( I didn't want to chase and have the stock drop on me.

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Janielx
Janielx Apr 27, 17 10:00 AM

Take a breath, a walk, and reset. Look at the chart like its your first trade of the day and you see the opportunity. Its all a mental block at this point. Don't let it get you.

lombardo141
1
lombardo141 Apr 27, 17 10:56 AM

Hey buddy. Don't know how long you have been trading but my strategy and although it may sound like cliche at this point is to hold small positions every trade. To me i take a 1000 shares at a time and i risk .30c a share. Of course i have to be patient to see the right play before i buy. But my point is i go into every trade expecting to lose .30c so that fear of a loss is automatically so i can watch the charts play out.

lombardo141
lombardo141 Apr 27, 17 10:57 AM

I know it sucks to miss out on plays but its a lot better to be in one especially supernovas but you have to have a consistent mental plan which will help your emotional volitality

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