vvryan10
3
vvryan10 Feb 02, 17 1:51 PM

Read over and review. Commissions are the killer of small accounts. Cost on average 8-12 a trade on commissions. componded onto loses it adds up fast. On small accounts you must not over trade and be very selective when entering a trade. Good luck

Pandabear
Pandabear Feb 02, 17 6:22 PM

Don't give up. I'm looking at both trades. UQM need volume to push it back up but it's hard with a medium float stock on low volume. To answer if NAKD was a chase, it was if you bought around 10AM. You need to buy at key breakout levels. The better buys would be at the breakout of 1.70, 1.80 or 1.90 if you missed it. Look at my charts from today for entry points.

Pandabear
Pandabear Feb 02, 17 6:31 PM

I just read your last paragraph. You're still young, so don't give up and just keep studying. You've only made 33 trades! Just come back when you've got some money saved up. And by then you'll have more knowledge, just keep studying if it's your passion

IceMan14
1
IceMan14 Feb 03, 17 8:30 AM

@Chongette32 I bought at 9.40am USA eastern time. I'm not giving up, thanks for advice, I have 1/3left, was just saying to another trader It could be much worse, I can top up my money and paper trade and continue studying. Thanks for the motivating comments.

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Settler
Settler Jan 25, 17 1:59 AM

BGI. looks possible morning spike but I would be more comfortable if my buy was @ 1.70.

Settler
Settler Jan 25, 17 2:02 AM

AUPH has risen due to optimism, but I would not buy into stock that rose so fast. It has healthy spikes but...

AndreyKoltsov
AndreyKoltsov Jan 25, 17 4:38 PM

@Settler AUPH would have been decent for a morning spike but BIOS was only good if you held o/n

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Settler
Settler Jan 23, 17 3:10 PM

And...do NOT hope. Scalp the profit.

Settler
Settler Jan 23, 17 3:11 PM

You can re-enter anytime if you scalped a profit.

Pandabear
Pandabear Jan 23, 17 3:17 PM

@Settler I didn't hold and hope :) It did exactly what I thought, got to the 4.90s, never hit my stop of 4.49 but I didn't have the patience to hold and I traded too much today.

Pandabear
Pandabear Jan 23, 17 3:19 PM

@Settler When I said hope for a retest to the 4.90s I mean that was my goal/target price :)

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Peregrine_Trading
Peregrine_Trading Jan 23, 17 11:09 AM

It doesn't really spike on its own; it's all proportional. So if you had 1000 shares worth $0.30 each and they did a 10-1 split, you now have 100 shares worth $3 each. So while the prices appears to have "skyrockted" $2.70, in reality your shares are worth exactly the same; it's all proportional.

Peregrine_Trading
Peregrine_Trading Jan 23, 17 11:10 AM

Though what some companies who are on the verge of delisitng or bankruptcy will do is do a reverse split (to get their share price up), then pump their stock with news (to bring in more investors/bagholders), then do a dilution to raise a bunch more money real quick. So if there's a company that's on the verge of delisting or bankruptcy that just did a reverse split, look for possible news and ride that wave (BUT DONT HOLD ON OR YOU'LL BE SCREWED WITH DILUTION)

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