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TradingSpike
TradingSpike Nov 18, 15 10:37 AM

@dfrias Awesome. Your bang on the money with price action :) . I've been away from my desk since I posted this article at 6:30am this morning. If I had seen the news release that was released at 7am I would have been prepared for the price action and waited for the break out at $4.20 and exited my position around $4.65ish. I'm still waiting for my trading account to be set up at the moment, but this is how I would have played it with my real money. Awesome trade for $460 for you... High Five :)

TradingSpike
TradingSpike Nov 18, 15 11:04 AM

Typo... I meant $4.30 as my break out entry point!

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arpddm

@Ike Hello,mate! Can you give some tips and advice on platform software prefered? And maybe about a starting broker for people with small starting cash amount? Thank you for your blog posts! Very inspiring! :)

Ike
2
Ike Nov 18, 15 12:16 AM

The only broker I use is Interactive Brokers and it is ideal for small accounts because the commission is extremely low if you are using a small amount of shares. The only problem if you are in the U.S. is the Pattern Day Trader Rule if you have less than $25k. Suretrader is one way to avoid that rule so make sure you look in to that option too

arpddm
arpddm Nov 18, 15 3:16 AM

Thank you! And what about the software platform you use? IB Trader Workstation or ?

Ike
1
Ike Nov 18, 15 7:44 AM

Yup, Trader Work Station

dfrias
dfrias Nov 18, 15 10:26 AM

@lke hey how much are commission's on interactive brokers?

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dfrias

@HudsonTrades hey how do you find your earnings winners. I always seem to be two days late or the next day after its moved so much already.

Huddie
Huddie Nov 09, 15 2:25 PM

Simply look at which stocks are moving the most pre-market and after-market and look up the news correlated.

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dfrias

@Ike hey I was just wondering how you spot earning winners and what you look for in the mornings that will make you decide to choose a stock or not.? Thanks

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dfrias

hey I'm pretty new to trading stocks have a paper account open right now. I was wondering if you could help me. Im finding it hard to spot eating winner's, was hoping you could tell me your strategy or any tips. Thank's so much !

dfrias
dfrias Nov 04, 15 9:28 PM

earning * hah

kylemgoodwin
kylemgoodwin Nov 04, 15 11:24 PM

look for the biggest % gainers on a scanner then go to yahoo finance to find the news. If they just reported earnings and it spiked its an earnings winner. An earnings winner is the REACTION to earnings so a company can report good or bad earnings and not be an earnings winner.

dfrias
dfrias Nov 09, 15 2:25 PM

@TBEKG Thankyou!1

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Received 4 Karmas
viodave21
viodave21 Nov 04, 15 9:49 PM

@dfrias I found that think or swim doesn't have many trades. By accident I shorted today on think or swim paper account. You probably know this but click sell to open and it should short. It will usually prompt you with we don't have these shares to short, contact our desk if you want us to find these shorts.

viodave21
1
viodave21 Nov 04, 15 9:51 PM

Nice Stig. I was doing the same thing, Just start looking at where your support and resistance are being created so that you don't feel like your chasing it all over the place. OR at least that was my take on it after reviewing what I did! nice blog

TheStig
TheStig Nov 04, 15 9:54 PM

Thanks! Yeah it's hard when I'm watching the stock like a hawk, nervous and full of emotions. Gotta learn to control it over time I guess

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dfrias

@Ninja0n3 hey i recently saw you on a live chat that Tim posted on Facebook and saw you talking about candian brokers was wondering if you could email me, i just have a few question Thanks ! my email is friaz@hotmail.ca

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