Received 4 Karmas
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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