So this was my first time trading, and I saw that it had broke through the most previous resistance, and bought 30 shares of it on friday at 1.49 just to get my feet wet. Well, I bought it too late and didn't cut losses quickly, and had to sell it today for 1.40 :( I've definitely learned my lesson on that one. I gotta look at the chart a few days or months back and also their latest news and sec filings. I hope to not make this same mistake again.
Posted Jul 11, 16 9:53 AMbyRheanon
Tickers
MRNS
Yeah I plan to subscribe to Penny Stocking Silver to learn as much as I can, and I can't short until I grow my account to the $2K minimum to be allowed to short. I'm going to write that rule down though, and learn as much as I can from this website :)
I think sykes disagrees with suretrader, but, if you want to trade WITHOUT a PDT rule, and you are able to short with a minmum of 500 dollars, suretrader is the way to go, they just have hidden fees you have to watch out for. I have an Etrade, TDAmeritrade, Scottrade, and suretrader. I primarily use suretrader just so i can get around the PDT rule.
Yeah I started my Etrade account with $600 to get started, and I hadn't looked into Suretrader actually but it would be nice to get around that rule. I'll look at those other brokers as well.
Capital one Investing told me I have to have 25k to day trade... Is that True?
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