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RolandWolf Apr 07, 17 6:44 PM

@Torkers I don't really set out with a goal. I try my best to let my winners run, and generally will move my risk up when new levels of intraday support are formed. Locking in gains in chunks has been really helpful though.

Williamson Jul 21, 17 7:18 PM

I'm guilty as charged. Time to adjust, thanks!

ZachR Nov 29, 17 12:57 PM

This might be your "Single' most important blog post. JK they're all good!

Teyrex Apr 06, 18 9:17 PM

Roland you blog is a perfect reminder for me to also take singles as that is normally what I do. HOWEVER, today I traded LFIN and had a nice $3.50/share win and I was trying to let my runner run and BAM it was halted. had I taken my single I would have had a nice $400 win but now I have 2 grand on the line and could loss most of it now when LFIN unhalts from the T12.

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bigman Mar 14, 17 5:02 PM

17 here. lol

ftmanglona Mar 14, 17 8:08 PM

I know lots of ppl who use suretrader and like them. I use them as they are my 2nd broker…etrades commissions are like $7 each so its still cheaper than etrade. Never had an issue with them.

ftmanglona Mar 14, 17 8:09 PM

Gurus such as Tim Gritanni and Nathan Michaud w/investorslive also recommend suretrader but only if you know what you are doing.

donebeingpoor Apr 04, 17 9:17 PM

@gghsusa I get restricted stock all the time with either Tdameritrade, Charlesschwab or etrade. Some of these penny stocks are really Messed up.

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Izzy0034 Mar 11, 17 7:55 AM

Thanks for the advise, It's always welcomed.

caj100 Mar 11, 17 8:42 AM

@bigman Thats honestly how I felt a couple weeks ago. I thought studying my ass off was bullshit. I mean it's obvious, you can only take in so much knowledge before getting plateaued. But it's about continuously studying and finding what works for YOU. For some, they might catch on quick, and for others it might take a shit ton of studying. Either way, studying is required or you're going to just lose like I did my first couple months trading.

Bryan3121 Mar 11, 17 10:11 AM

Yea, studying is the way to go.

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Bryan3121 Feb 24, 17 3:17 PM

0.20 cents a share doesn't pay for the commission.

ftmanglona Feb 24, 17 7:52 PM

with an account being $500. You can make money on it. I wrote a blog about my $SINO trade, i spent $260 for 100 shares and turned those 100 shares into $100. With a $500 account, you HAVE to wait for the PERFECT setup. Wait for an earnings report/contract winner to come out and overnight it if it holds intraday/multiday support.

ftmanglona Feb 24, 17 7:54 PM

I also made another $100 off 100 shares of $TOPS. With the exact same setup. So it is possible to grow a $500 account.

petwyt1218 Feb 26, 17 4:10 PM

I use just 500 dollars per trade because I'm still new but I use Robinhood because commisions would kill me. My average trade winning trade is a little over 8% so over 40 dollars, but still. I'd recommend you use Robinhood for now.

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Fox_Trader Feb 24, 17 6:46 PM

Another good one, got in on this play as well dip bought on support. Volume faded got outta it, was thinking it would bounce.

VLK Mar 09, 17 10:50 AM

@Turbobob When buying the 1st pullback, you say you buy the first green 5 min candle to make a new high. Do you mean you buy when this first green candle makes a new Dayhigh, or just the first green candle to be higher than the previous red candle? (Great videos btw!)

Turbobob Mar 09, 17 11:23 AM

ASssume a stock is pulling back and makes red candles. Then it makes the first green candle. I am looking for the next candle to be green and to make a new high above the previous candle. That is where I go long. But, if it is too big of a pull back then I don't follow the pattern.

VLK Mar 09, 17 11:31 AM

Understood! Thankyou for the quick answer.

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ftmanglona Feb 17, 17 9:13 PM

Etrade also executes trades much quicker than most brokers which is nice. Again though, shorting is something i hear a lot of complaints about. Finding shares so to speak

HoustonParker Feb 17, 17 9:15 PM

@ftmanglona Interesting. And I should have mentioned I do have enough for IB. It's only 3k since I'm under a certain age. I think its 24 or 25

ftmanglona Feb 17, 17 9:27 PM

@HoustonParker oh thats interesting. The more you know. Well i hear that IB is like the holy grail.

Madbash Feb 18, 17 7:28 AM

@HoustonParker I have etrade and IB, and I use IB for 95% of my trades. IB Executions are often lightning fast, and are often at a good price. If you are going to scale into trades Etrade will crush you with commissions, but statistically my round trip IB trades are about $15 while etrade will be at least $20. If it were not for Etrade pro I would be strictly STT and IB. Good Luck!

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