Palmer
Palmer Dec 04, 17 4:47 PM

They will more than likely do an offering but if you got in at 3.12 you need to scale out as it moves up to bank something along the way.

Noble1222
1
Noble1222 Dec 04, 17 5:42 PM

i think it's at $3 now after an S-3 filing hit in after hours. my recommendation is anytime you have almost a 33% profit then take 50% to 75% of your shares off and bank the profit.

Noble1222
1
Noble1222 Dec 04, 17 5:43 PM

let the other remaining percentage run - if it cracks down, it has to really crash hard to wipe out your profit. if it runs up another 100% you still have a killer gain. i see giys in investors undgd doing this, roland does it.

asfricksrs
asfricksrs Dec 04, 17 6:26 PM

take profits along the way - bank meat of move - never know the news before announced - bank it!

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MrMatt88
MrMatt88 Nov 26, 17 10:45 AM

@SArtAndPlay thank you

Torkers
Torkers Nov 26, 17 5:06 PM

Welcome ! In the beginning everything is really overwelming and thats perfectly normal. Over time you will start adapting more and more . Take really small sizes in the beginning to get a "feel" for the market - and soon you will be more and more comfortable. Study study study - Sign up for stocks to trade wich is a real good software. GL

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Palmer
Palmer Nov 24, 17 1:26 PM

The float is the float is the float...doesn't matter what the price of the stock is. Not sure if there is an actual 'float leve;' low, medium, high, etc. but I see under 15M as a low float...

huperauxano
huperauxano Nov 24, 17 10:44 PM

If you go to finviz website and type in a ticker it pulls up shares outstanding and shares float.

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RBI
RBI Nov 16, 17 1:50 PM

Thanks, that was my guess. So, if/when I cross that 25k mark I'll still need to just make 3 day trades per 5 days until I'm confident I won't ever dip below 25k again. Thanks for the link.

lexNan
lexNan Nov 16, 17 1:54 PM

If after your 5 or 6 trades you total account equity is still 25k or over then no PDT restriction. By account equity I mean the total $$ of securities you are playing with (gain or loss) plus the remaining $$ in your account. However, if you sell all your positions and you end up below 25k after realized losses then you fall back into PDT restriction.

Palmer
Palmer Nov 16, 17 6:21 PM

@RBI yes....brokers have different rules when you are flagged as a PDT. If you fall back under 25K and are a PDT some brokers will make you wait 90 or 120 days before resetting back to a non-PDT or you can ask 'once' to be reset back to non-PDT or simply deposit

Palmer
Palmer Nov 16, 17 6:21 PM

the difference into your account to bring you back above 25K cash. Call your broker to ask what their rules are. They can differ broker to broker...

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huperauxano
1
huperauxano Oct 28, 17 4:27 PM

@Palmer Yeah - I don't consider it as trading for a living thus a different perspective on its seriousness. I would like to win the game however and get to the $1M prize but don't expect to feed myself off trading. Maybe if I get to success at your level my perspective shifts but for now - PLAY ON!

guskaiser
guskaiser Oct 28, 17 5:49 PM

@huperauxano Thank you for your comments. I made a little update in the post that specifies my definition.

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Palmer
Palmer Oct 27, 17 7:49 AM

Smart. You can save a lot of money (losses) by letting the market noise settle out during the first 15 or 30mins or so. Really need to critique the news as to why something might be moving pre-market, especially biotechs. So many spikes fail just when you go long at the open. Let the stock find its direction and look for the first dip/bull flag break and go from there.

Torkers
Torkers Oct 27, 17 6:11 PM

this is really smart - dont know how many dollars ive lost on fakeouts - i will definitly try this out

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Kody
Kody Oct 14, 17 7:32 PM

If you're looking for free think or swim is probably the best. There are YouTube videos that walk you through how to set it up. When I run it , it picks up every ticker that

RNTrader832
1
RNTrader832 Oct 15, 17 11:16 PM

I have TOS ,thank you KODY and Palmer I will study your video .Thank you for your support !

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zinedu5
zinedu5 Sep 27, 17 12:22 AM

@punkangel what option in StocksToTrade is free? I know it has $1 for a week and $179/month subscription. please confirm

punkangel
punkangel Sep 27, 17 2:35 AM

@zinedu5 I don't know, that's what I thought, too which is why I haven't used STT. I'd rather put that $179/month into my trading account or savings while I learn for now. I use ThinkOrSwim. It's "free", but you have to put some money into your account to get realtime data. I put $50 into my account, and it also has a paper trading option. I'd much rather use STT (it seems better geared for what I'm doing), but I can always switch later.

zinedu5
zinedu5 Oct 01, 17 10:57 AM

@punkangel I share the same thought with you, that's why i haven't subcribed to STT yet, All i do now is studying but i need a place to practice. ThinkOrSwim you mentioned will be a good place to start from while i continue studying. I know TDAmeritrade owns ThinkOrSwim, did you open a brokerage account with them before you can use the ThinkOrSwim trading platform? what account are you refering to? please help

punkangel
punkangel Oct 01, 17 12:59 PM

@zinedu5 I created an account at TD Ameritrade. That same account is what you use to login to thinkorswim. Until you put some money in the account, you will received delayed data (15 or 30 minutes behind the market). I put in $50 and I get realtime data now, but I've not used them for trading at all. Keep in mind that $50 because, IIRC, they charge $75 to withdraw money? Maybe I read that wrong.

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Palmer

spiking MBRX on beginning clinical trials...well, I'll begin making coffee soon....so what. I believe this will crash.

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