Great post! I enjoyed reading it

Did you have trouble getting out due to the spread? Every time I looked at BTUUQ it was over 10% of the share price, ie 11.50 x 9.25

@Zenyatta the spread wasn't the main issue. I just did not put any order in BTUUQ because I kept hoping it would come back up. I guess this "hope" was so strong due to my terrible DRWI trade where it actually did come back up

Ok, gotcha, thanks. I'm still not sure if my platform was messed up because I could see orders going through tighter than the spread was

Good lessons to learn here. I lost on DRWI on my paper trading account, got in at 4.31, but I stuck to my plan and sold at 4.19 (missed 4.20). I agree about avoiding overtrading and going back to being a sniper as I need to do the same! Good luck man

At this point I must have a couple hundred books on trading. I've even read about lunar cycles and planetary alignments with the market. Here's a starter tho https://brassmaggie.com/2016/08/11/12-dozen-books-obscurities-oddities-and-new-fangled-dangles/

Just gotta keep watching and be patience for the short.

I may write a 35 naked call Monday depending on what the premium is

Opened 1 35 call 10/21 expiry for .45 after comission...

It might turn out well, I don't do a lot with options

That was the most Amazing thing i've seen

yes, but I don't think you can use it outside the US, my apologies

Ok, no problem. Thanks anyway

Ok, i have to say i entered the trade around 3:30pm so it was before the market close.

if you are using levarage you have to close the trade before 3.30 or you are going to be charge 55 fees.. is crazy. you dont have to trade everday, wait for the best plays come to you.

Ok thank you for letting me know. So you are using Suretarder aswell?

Tim told me not use suretrader because of their hidden fees. Be careful guys especially with a small account

That said, often I'll cut winners short from being scared they are going to run back to against my position, classic disposition effect...

@bslick just make sure your trading small. And if your having a bad loosing streak just take some time off. Take your time with this.

@Zenyatta I have seen my share of people blowing up their accounts as well. Its tragic but for some thats the only way they will learn..

@bslick That's good advice from Jason imo. I also take time off after long winning streaks. It's a marathon, no Usain Bolt distance here...

But the orders seem to fill separately, I thought the same but it doesn't make sense to me

Maybe one clears orders from the general public and one is their market making clearing? http://www.nasdaqtrader.com/TraderNews.aspx?id=ra2007-004

So I called the General Counsel # at the bottom and got no where. After calling Etrade the best answer I could get was that it was "probably just another ECN" I'm not sure if that means they split their orders between the two or if it is the same order and the delay causes it to look like they are filling separately

That's funny, I did the same thing b/c I was curious...the guy was probably tired of this question...

Wow, great list and I gonna have them all. Can you tell me which one read first and which next. I'm rookie. Thanks in advance..

Thanks Vinet, I would start with the Alexander Elder book, "The New Trading for A Living". Check your private messages too.

Thank you Zenyatta. I can't read my private messages because it's an errow in my account settings and support is working to fix it.