Trading with a very small amount of money might do the trick. Start with a few hundred bucks. There's more emotion to it. Once you've gotten comfortable with that, then you can start trading with your bigger account.

It was hard to transition from paper trades to real money. For one my paper account has delayed quotes. Secondly, there is the emotional aspects of it. I don't watch paper money as close as I do my own money. Sometimes I over watch my real money and I get analysis paralysis. The only time I use paper accounts now is to test strategies before I put real money on the line. It is just a tool to learn with, but nothing is like the real thing.

If price keeps running up you capture those gains. This worked very well for me with $DECN trade was able to get 64% on it. I sold it right after it peaked not support level.Tried again wil $BIOL

For $BIOL got 10% then it dropped to previous support. I executed sell order and got 8.5% gain. Subsequntly price ran up another $0.20

You have to think in terms of consistent profits growing the account.

I use TD and the Think or Swim platform. I am not a fan of their scanner though because it is not real time in pre-market. That is the time of day when I find most of my trades and look for biggest gainers. If I can catch then at the top premarket, sometimes I go short. Otherwise, I try to catch a sell off after open on stocks with low floats and news. Currently, I am loving stockstotrade.com software. It was quite a blessing to me last month when I started to use it.

@buythebuy I tried opening accounts in both of them, but I can't. They didn't allow it because I don't have an American citizenship. And a lot of brokers don't have Latvia in their country of residence.

Try speedtrader or interactive brokers

@Reese Thank you! It looks like I'll be able to open an account on Interactive Brokers.

Sorry I didn't realize citizenship was an issue.

Appreciate you. and oooohhhh trust me. This is why I trade. I'm the fucken Gladiator.

With all these plays its easy to forget about the PDT.. same thing happend to me this week with Etrade. Definlty a huge learning lesson. We will definitely bounce back

Oh for sure! I'm glad that I'm able to coach myself and correct the behavior! Definitely looking forward to next week!

"... I didn't cut my losses because but I didn't want to 'waste' another day trade..." That was me Friday, my 5-7% risk turned into a 26% loss. LOL

Hey I know how you feel. Especially when I attempt to go short on a stock. If you look at my trades, you can see by my trades a short burned me the worst. Yet, it was a short that that start my turn around from overall losses to turning around and going back into the green. GLTY friend. I hope you make bank in the future.

Okay I did deviate a little from my plan today. I dip bought some pm and flipped. I guess we will see how this goes tomorrow. I made money on some and lost on one. I think over all I made profit, but I will not know until I upload until tomorrow.

I did however adhere to 3 of my rules today.