@nathalietrades1 Thank you. I'm still learning like everyone else :)

@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 :)

Here's Your catalyst that made this stock volatile today: http://finance.yahoo.com/news/anavex-announces-preparation-regulatory-filings-120000662.html

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

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

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

Yup, Trader Work Station

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

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

how do you find earning winners ??

@dfrias just seeing this coment sorry for the late response, i look for %gainers, then see what was the catalyst, both spike in reation to earnings

earning * hah

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.

@TBEKG Thankyou!1

@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.

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

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

Thankyou @viodave21

usually an hour or so

where can I watch your webinars @kroyrunner

@dfrias if you're a challenge student, it's with the other webinars. otherwise, unfortunately not available

where can i watch tim gurttani's webinars?

Ntn seems like a joke

mostly just about what broker to use etc..

One of Tim's early DVD's has Michael Goode on it and he talks extensively about reading SEC filings. I'd have to go thru them all to find which one

oh ok no problem thanks for reply though!!

@dfrias sure if you ever need help just ask

This helps me a lot, too. Missoula, thanks for asking. Jonatan and ngucapital, thanks for the answers.

that only last 60 days though until they cancel the e-trade account ? @jonatan10soto @missoula5454

If you don't fun the account, it lasts 60 days. You need to understand that level 2 is not free and this is just a neat trick you can do to have a good level 2 for free.

etrade pro is what you should bee looking for. They also have level 2

@LahainaKat Not at all...If you need some assistance shoot me an e-mail I'll explain everything to you. the process was timely. However very easy.

do you find it hard to find shares to short on sure trader??

Thanks Phil,,,

I'm currently using TOS as my trading platform as I get started. On the right hand side you can add widgets, "use the news" has premarket scans