I think you should try swing trading. The volatility of day trading requires your 100% focus. Keep your job and swing swing trade until your have enough money to day trade full time. Another alternative is to get a job working second/third shift and trade during the day. I don't have STT because I told myself that I need to hit a goal $ before I buy it, but I use the fidelity app alongside tradingview.com and constantly watch the stocks I'm focused on.

+1 for tradingview. also thinkorswim mobile doesn't use a lot of data & I do all my trading from my phone

Dunno about your account size, but watch out for PTD rule. Never revenge trade either. Lick your wounds, study, and get back in the game tomorrow. =)

It look like you are using Etrade, I use them to I was recommend creating an account with TOS I don't use them for trading just for the on demand and the charting. True what daber360 stated if you have a small account watch you day trades in Etrade it under the balance section.

the easy answer is a pump and dump!.. The question is how did you get the info? what charts did you run? what times did you review, what news did yu look for? where did you get the info? what is the story on the play? who is what? why was it sold or bought? STUDY IT befor you lose your ass! trust me look at my profit chart and read my trades!!!

Sorry to hear about your recent personal losses. As tough as it may be you need to cut your losses and get out. There's always a chance it might spike back up but there's more of a chance that it doesn't and your loss will grow. Take the hit now and study your ass off. All the best!

Dude, that's too much of a broad question. That's like asking: how many stairs are in a staircase. It would depend on the height. You see where I'm going with this? There is no simple answer, since we don't know the stock etc.. Sounds like you bagholding bud, I'd take the loss however big it may be

But yes, it is a pump and dump. They literally have: 12k in cash, 715k in debts, 62k in revenues and 9.2k in profits. All of this found on yahoo finance in 2 minutes. Haven't even checked the SEC filings and my advice would be: get out

If your account was flagged with a day trade then it will be removed on the following Tuesday per your example

PDT rule only affects margin accounts. My solution is just to go long with a cash account until you acquire the 25k.

There are the FINRA rules, and then there's the determination of the broker as to whether or not an account is flagged for PDT. Make sure by checking the documentation with your broker and resources like these: https://www.sec.gov/fast-answers/answerspatterndaytraderhtm.html , http://www.finra.org/investors/day-trading-margin-requirements-know-rules . Once an account is flagged for PDT, it doesn't go away.

Most brokers will keep tabs on your day trades and make that info visible.

Hi Bob, thank you very much for your watch lists and information.. Have really appreciated learning from you. Just wondering how a big a stop you use on your trades? Some of these breakouts pull back for a couple days, like the ImmunoGen you mentioned from a few watchlists back, pulled back and is now breaking out again.. Thanks again for your posts!

On swings, the stops are further away than a day trade. I set the stops at major support and resistance levels. I post my swings on twitter showing the stops @turbobob129

Thank you TurboBob

http://bit.ly/2oZVJz7

Spot on with Endocyte!

you need to learn economics

look at my record

Try sticking to longer term straddle positions. With straddles you're betting where the stock isn't going to be which may give you an 85% chance of being correct vs. a 65% chance of being wrong. If you're really into safer betting there's always the Iron Condor. Fidelity has a great probability tool. Good luck!

@dauber360 in myopinion option statistics and straddles are not where the money is made

for me I mean

@Turbobob As a very beginner, I learned the basics: rumors are scary for playing long and very good for shorts. And you very nicely played long here. What's behind your decision process in this case? Thank you, your videos are priceless!

Price action and a hot sector are the two main ideas here. By the way, follow my on Twitter if you like @turbobob129 as I post stuff there as well.

Thank! Started following you there as well.

No. The bubble is bursting and as everyone has been warning, don't be long when it turns down.

ARRY is also about to become a perfect breakout, past the 12.50 area, watch for it. Heavy volume, 10% short interest but its a 2bn market cap

Definitely on my watch list. I have it alerted

Great calls man! Got some unrealized gains on TWMJF and $MARK. Thanks!

What do you do with a falling knife?

Do exactly that....