Received 13 Karmas
DRSATC1
DRSATC1 Feb 05, 18 11:18 AM

Great review! I look forward to reading this again and tying it in with the videos from our gurus! Thanks for sharing!

leiting
1
leiting Feb 13, 18 6:48 AM

Do you base a lot of your trading psychology on trading in the zone?? it sounds like you have adopted some of marks techniques

OceanRider
OceanRider Mar 12, 18 1:32 PM

Just listened. You have so many good things going on and the things you need to improve on, you point it out in the video. One thing I heard DUX say is if you have too much emotion, you wont make any $. I recommend taking a longer term view, make solid trades and good things will come.

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summerespn

@fittrader101 Hi Nick, I also opened Suretrader account, and deposited fund after my account got verified, but it's been more than 3 days that they haven't received my fund. It got me worried. I was wondering if you are good to go with Suretrader account? How many business days they took to process your deposit?

Received 1 Karma
fittrader101
fittrader101 Jan 28, 18 2:43 PM

Hi there. It took like 4 days until I got ready to trade! Is it settled by now ??

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fittrader101
1
fittrader101 Jan 22, 18 1:21 PM

Made the same mistake as you Scott! First I bought in the open 500 @2,50 and sold 500 @3,20 which was a super trade. Then I saw an ascending triangle forming and bought again 500 @3,06 and it failed to perk up so I sold and took my loss @2,85... In the end of the day still a 220$ Win excluding commissions but still a learning phase!! :)

SAndrews
1
SAndrews Jan 22, 18 8:01 PM

@fittrader101 your first trade was sweet mine was a 50 50 set up at best I had minor resistance at 2.86 so buying at 2.80 was a bad entry tried getting out at 2.75 but moved too quick and 2.70 got me out.

fittrader101
1
fittrader101 Jan 23, 18 2:08 AM

Yeah it . was a tough one! atleast you cut your losses quikly so on to the next one bru!

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Received 1 Karma
MoTrades
1
MoTrades Jan 20, 18 6:21 PM

@fittrader101 I was using yahoo finance when i did my analysis and it said they were in the negative. So I went back and looked at their filed 10-K with the SEC just now and see that it was an error. Thanks for pointing that out!

fittrader101
fittrader101 Jan 21, 18 3:23 AM

No problem! I see that Yahoo Finanace is lagging a bit behind sometime so it's nice to use multiple sources

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Received 8 Karmas
Akim1121
2
Akim1121 Jan 13, 18 9:28 AM

@fittrader101 I will start to post daily charts to go along with the verified trades, really the same 3 or 4 patterns over and over.

fittrader101
1
fittrader101 Jan 13, 18 11:39 AM

Really curious about these patterns! Well 132k in just 2 months is quite impressive mate!

MHermes
1
MHermes Jan 26, 18 5:40 AM

yes please post you're ideas about you prefered patterns .. agreed body and mind health are the most important or what's it all for then if you're in a disfunctional state of mind/body

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Tone
1
Tone Jan 14, 18 2:44 AM

When I opened an account with them, the bank that I transferred money to was in Malta. Have used them a bit, executions seem ok, but almost never have shares to short when I'm searching for them.

fittrader101
fittrader101 Jan 14, 18 2:45 AM

@Tone Thanks for your feedback! Makes me feel a bit better :)

Turbobob
Turbobob Jan 14, 18 10:30 AM

Yes, they are always chancing banks to find who will give them the best leverage.

Turbobob
Turbobob Jan 14, 18 10:31 AM

Foolw me on twitter as well @turbobob129 as I post lots of market commentary there as well.

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Orangish1986
1
Orangish1986 Jan 09, 18 11:27 AM

Just one day at a time my man... Everything will be fine

cubo1212
1
cubo1212 Jan 09, 18 1:14 PM

have a plan ,dont let the emotions get to you , good luck

fittrader101
1
fittrader101 Jan 09, 18 4:43 PM

I used to think like you .. I just bought KODK 100 shares @7.05. Then I sold it at 8$ in the afterhours. Then 10 min later it was already up to 9 and I blamed myself for selling too early.. But now I realize that this is the complete wrong way of approach. I have a solid 1$ per share gain which is kinda freaking above average... I'm also like -400 on my acc already but I'm finding my way up there and I'm sure you will too!! Just recognize what works for you and write everything down! Goodluck br

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Received 1 Karma
fittrader101
1
fittrader101 Jan 04, 18 8:27 AM

@Kody I contacted IB about this but they can't convert your account to cash if you are 21 year old or above unfortunately....

Kody
2
Kody Jan 04, 18 10:08 AM

@fittrader101 I'm 24 and this is what I did. I created a linked cash account, deposited another $3,000, it was approved and funds transferred I believe by the next day. Then I withdrew my money out of the margin account and closed it. They will charge you like a $20 monthly fee if you leave your margin account at $0 so you can keep a couple grand in there if you want to avoid that and still have the option to short. Any questions just lmk!

Kody
Kody Jan 04, 18 10:10 AM

@fittrader101 For me, I don't take any positions larger than $500 while I'm still working on my strategy and most of all my mindset. That still lets me make 5 day trades a week which is plenty for me. I honestly average about 2 per week since I started trading a couple months ago

SAndrews
1
SAndrews Jan 04, 18 1:06 PM

@Kody thanks for this advice love your work 😀.

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