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tbohen
tbohen Jun 14, 17 2:36 PM

Good way to get smoked, these stocks are pennystocks for a reason, they are trash. I dont know if I"ve ever dip bought a crash in 10 years.

MsMoneyHoney
MsMoneyHoney Jun 14, 17 3:06 PM

It's one of Tim's videos ...I can't remember which, but it was about going long and the quickest way to build your small acct.

MsMoneyHoney
MsMoneyHoney Jun 14, 17 3:17 PM

lol... too late... I'll have to find that video and share...

MsMoneyHoney
MsMoneyHoney Jun 14, 17 4:13 PM

$PSDV was down due to other ppl being investigated and/or arrested. It's up .12 after hrs. :) ...I also can't find that specific video about lazy investors and stop limits.. triggering the falling knife pattern. I'll keep looking....

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JohnnyIN
JohnnyIN Jun 10, 17 9:10 AM

If those separate orders are the same quantity, then it will only be counted as one day trade. Ex: Buy 100, then another 100, sell 200 = 1 round trip/1 day trade

MsMoneyHoney
MsMoneyHoney Jun 10, 17 3:31 PM

Personally, I am not even sure if I ever want another margin account. I had one... and lost a lot of money (on paper) due to the tech crash... and margin call. If people do get one to short, I do hope you watch your shorts. I read an article recently where some guy had to go to some meeting. ...

MsMoneyHoney
1
MsMoneyHoney Jun 10, 17 3:33 PM

He went in knowing he had approx 30K in his account, but shorted a stock. He came out of that meeting with over 100K in debt that he now had due to covering the stock that zoomed while he was in his meeting. ...That was the gist anyway. So... if you're going to short stock, you really need to watch it. Otherwise, you may end up in a tent down by the river.

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JMDev
JMDev Jun 10, 17 3:36 PM

also you could solve your cash account issues it sounds like if you just used say 75 percent of your account for the week and divi that up for how ever many trades you wanted to make

JMDev
JMDev Jun 10, 17 3:37 PM

So effectively this means no more missed opportunities because of PDT BS and since we don't use margin anyways who cares

JMDev
JMDev Jun 10, 17 3:38 PM

The only other option is paying like 30 bucks a commision at a offshore brokerage

Thadewman112
1
Thadewman112 Jun 10, 17 3:40 PM

@TYMTT you're awesome. I'm going to use margin this coming week food momentum trades I quick profits but I definitely plan to transition into cash account in the future

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TangoBaker
TangoBaker Jun 08, 17 9:13 AM

@Kody honestly unless you have watched all the videos taken detialed notes and are in the challange group and the stt pro group. don't start trading if you look into dux trades he first started with ib and then moved Tim's secrect broker. What ever you do don't trade with large amounts of money stick with 500 shares you have to see the patterns first.

Kody
1
Kody Jun 08, 17 9:45 AM

@goldencrown505 thanks for the advice bud!

AmyBrice
AmyBrice Jun 09, 17 1:05 PM

well said goldencrown505.

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MsMoneyHoney
MsMoneyHoney Jun 07, 17 9:55 PM

But, that's the problem. I was cutting losses. I've been realizing loss after loss when the stock "should have" gone up because I "prepared." So, now that I know hedge fund mgrs are messing around with penny stocks.. Houston - we have a problem. These mgrs were not messing with pennies when T.S. started. His videos explained they don't want anything to do with pennies... but... apparently, that has changed.

MsMoneyHoney
MsMoneyHoney Jun 07, 17 10:00 PM

btw.. MSNBC reported what I suspected was true. They covered the fact that hedge funds were buying up and/or shorting small caps. Meanwhile... those of us who are trying to grow our accounts are locked out of this or that due to PDT, min. requirements, free riding and settlement days... I don't see a way around this...We, the small newbies, can't compete with hedge funds.

MsMoneyHoney
MsMoneyHoney Jun 07, 17 10:13 PM

The only thing I can think of is to either go for higher priced stocks, or those that may garner less attention from the hedgehogs. ...but I don't know what those may be. Perhaps those with so-so news... or with a history of less volatility or slower gains over time. When HF can block off entirely massive amounts of shares and just sit on them while the rest of us try to buy low with our high hopes based on the news... they, imo, are manipulating the market. It's unfair... So, if you, or anyone

MsMoneyHoney
MsMoneyHoney Jun 07, 17 10:15 PM

has any other solution to this (new) problem - other than realizing loss after loss while our puny accounts dwindle, I'm all ears....

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MsMoneyHoney
MsMoneyHoney Jun 07, 17 12:48 AM

Check out FinViz.com and use the freebie scanner for now. It's better than zip.

DSTOX
DSTOX Jun 07, 17 1:34 AM

you probly want to put in the hours to study the markets , learn the broker you are using, tools to use while you trade, read books about technical analysis and watch tims video lessons before doin any crazy trading. this is from my experience,i was trading without a clue, untrained eyes and mind in february and march. hadnt place a trade since cuz i was losing money taking dumb trades, so i studied many many hours since then and learned hell of alot, have yet to place another trade. but really

DSTOX
DSTOX Jun 07, 17 1:35 AM

you will be glad you studied to make educated trades instead of shooting in the dark.

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Urat0wel
Urat0wel May 31, 17 10:01 AM

Din't even hit my 5.70 stop on bounce. Now it's pressing the high 5.50's

Urat0wel
Urat0wel May 31, 17 10:01 AM

I'm always too eager to take 2nd half off

Urat0wel
Urat0wel May 31, 17 10:35 AM

CBIO pumped way back up, could've easily gone other way tho. Hopefully spikes higher for good short tomorrow

Urat0wel
Urat0wel Jun 01, 17 12:47 AM

Looks like I had the right idea with FRO. Tanked too quick and then ended up grinding back all day. Good to take profits when the panic is faster than expected.

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MsMoneyHoney
MsMoneyHoney May 22, 17 11:58 PM

Oh... too bad... It's not one of his freebie videos. It'll have to wait until I can join... But, thank you anyway!

cmoon10
cmoon10 May 23, 17 6:22 AM

@MsMoneyHoney goto traderchecklist.com. It is a free DVD series and he goes into details about SSS.

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