Click on the My Trades button above and select your option.

Recent lesson on verifying trades posted https://youtu.be/rKqW9qa36XA

People get "scared" when they use too much money or too much size for their account. You're are gambling with no plan. You are telling us that you're doing something risky. Start small and gradually increase over time. Even in Investors Underground, they teach to add to winners and never to losers. Some traders put on feelers before they go in large.

@kmartindra you're on the right track! Remember in the morning stocks tend to be very volatile if you think a stock is going to rise you need to give it time to. I would say at least wait until 10ish to see if things are going you're way (you have to be able to ride out even though its painful to watch sometimes lol but at the end its worth it). But if its not going you're way around that 10ish or a little bit past then cut losses quickly!!

Thanks for the advice. Disappointing as this miss was it actually boosted my confidence. And I know that will help me ride out my picks as you say.

You probably panicked because your size was large. People get emotional when they hold something too large for their account. It's like placing a large bet in poker. Also learn how to read price action and wait for support and resistance so you get an idea of your risk.

Support was at 7.00 when 7 level held and it spiked up very quickly thereafter...

It's a math game. RE: WATT, he's using 7 to 6.87 for risk. In his comments, he says "goal is to make 30-50c/share." So he's risking APPROXIMATELY 10-20 cents with a potential to make 30-50 cents. Now since it was struggling and didn't feel right, he got out sooner with a 13c profit. He says "playing it safe." So based off 7 as risk (since it is an easy number), his final risk/reward was 1:1 (risk:reward) but he had a potential to make (3-5x) 1:3 or 1:5 in profit.

Also homework. Read this. It's based off Jesse Livermore's book. https://www.goodetrades.com/2009/09/trading-based-on-whole-number-pivot-points/

@ladlenits np, best of luck in your trading!

You need to have a plan and a schedule on when to trade. You can do what cwood and msCrystal are doing. Also, re-evaluate whether you're motivated or not. Tim always stresses in his videos that he's only looking for motivated and determined people. If you're complaining about getting up early, then you need to reassess your situation. If you have no time to trade, then investing in the long term is better for you.

Go to bed earlier and get up for the first hour of the market

@ladlenits I'm on the east coast and work full time overnight. I can only be awake for the first few market hours or the last few, depending on if I stay up late or wake up early. if your only trading window is 2-3 hours, then work with it. (I'm only trading papermoney atm)

East Coast

There are multiple ways to make money. If you have schedule conflicts, you'll have to develop a plan around it. If you want to trade equities, then Friday is your day. If you want more flexibility and want to trade 24/6, trade futures. If you want to invest long term, then create a schedule to sow your capital over time in dividend stocks or ETFs. You can also try real estate or start a business. You just need a life plan.

@TraderH Yes i am sure there are other sectors of trading I am involved with TIM CHALLENGE so I want to stick close to the core stock till I get grounded. I had heard some trade the scond half of the day so I am looking for input from those people.

I'm a college kid and I only a Friday off as well, if you can't day trade which it sounds like, develop a swing trading strategy and set appropriate risk so that you can ride out any dips, good luck!

You may want to consider the price range of the stocks that you will be trading. Higher priced shares might mean lower numbers of shares that you will enter with. Lower priced stocks might mean a larger number of shares to enter with. This all depends on your initial deposit amount also. If you open an account with $1000 then you might not be trading high share amounts of 7,8 9, or 10 dollar stocks but you would be with 1,2 o 3 dollar stocks.

We cannot offer you financial advice. This is an educational website. Before you commit capital to trading always talk to a licensed professional. As for which option to choose, it depends on how much capital you have and how much you can spend on fees. First option is for small traders and the second option is for a bigger size trader. Be careful with the fees if you have limited income and funding.

Also these platforms like DAS Trader Pro, Lightspeed or other direct access platforms are designed for pattern day traders with $30k or more in capital. Most of these traders are in the Investors Underground. If you have a small account, you need to use something simpler. These platforms are for designed for hardcore traders with money. They are great to use but they have fees.

NICE winning percentage too! Keep it up!

Every broker or bank has different rates. Always know what the rates are before you do anything. Suretrader has a lot of fees.

https://suretrader.com/support/funding-banking/