WhiskeyandPine

Shitty Story #2: All in the span of a day. One of the pitfalls of a small account is that it's realllly easy to get yourself into a 90 day freeze from a free-ride. I picked my very first overnight hold (NXTTF). It wasn't a perfect pick, but it performed better than I had originally anticipated and I played it exactly as planned the following morning where I was going to sell immediately upon market open. That's a good thing too because it promptly crashed a few minutes later. I thought I was sitting pretty until I pressed sell, where I received a notification that if I sold, I would be put on a 90 day freeze... so there I sit with a fucking conundrum. Sell for $200 profit on an $800 investment and freeze my account, or call customer service. I did the stupid thing and tried calling customer service where I was put on hold. Instead of selling for a $200 profit, I sold for a $200 loss and I'm pretty sure my account is frozen anyway. Also, I made the same mistake as yesterday... I thought I sold 1000 shares only to find out 5 minutes later that I only typed in 10. That mistake accounts for the majority of the $200. A lot of learning going on here. Staying positive.

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WhiskeyandPine

So.... here's a shitty story. I bought 500 shares of TEUM at the day's high today and it definitely didn't do anything I thought it would do. I sucked it up and sold for a 0.10 loss which I was pretty pissed about. I tried to cut losses sooner actually but I'm not exactly Quick Draw McGraw. To make matters worse... I sold 300 shares. Yup.... I bought 500.... and I only sold 300 while the stock tanked the rest of the day. I didn't realize that I hadn't sold all my shares until after hours. Then I tried making my very first after-hours trade, only to find out I hadn't signed an extended hours agreement. A customer service call proceeded and I got it all fixed. I was lucky enough to not have any huge losses, but man that was a train wreck.

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WhiskeyandPine

I’ve found that there is no study medium (books, dvds, podcasts) that is good in every situation, so I use them all so I can study in every situation. I think surrounding yourself with study materials is key.

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