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hunterhardy220
hunterhardy220 Jun 22, 16 9:26 AM

Welcome! Interactive Brokers would probably be the best broker to use if you're starting with an account of $10K or more. Not sure if it's available in Australia though... I'm new to trading as well and have been using Optionshouse. If you're just looking for the basics you could try it. There's no account minimum and you can't beat the commission fee unless you go with Robinhood but I would stay away from that one. Good luck!

Billygoat
Billygoat Jun 22, 16 6:08 PM

Thanks, much appreciated, I will look into them!

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Palmer
Palmer Jun 19, 16 1:15 PM

or the stock is too volatile and the range per that bar or two takes you out and the move does continue. Sometimes you can get in on these but most of the time it's too late. Yes, follow your plan. Let those chat room tickers run and get overexttended then wiat for the short opportunity. It takes a lot

Palmer
2
Palmer Jun 19, 16 1:16 PM

to put your trading brakes on and tell yourself, "No, that's not in my watchlist." We must learn to be self sufficient and it takes a hell of a lot of discipline to get there. Stick tou YOUR rules for what works for YOU. Great post.

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OON
1
OON Jun 14, 16 5:27 PM

@hunterhardy220 Spiked and held up near it's highs as well as put out positive guidance. I already see this spiking afterhours so even if I could short this with Etrade I wouldn't unless I saw multiple tests of 0.36 (Which seems to be significant resistance) or 0.4. This stock is obviously shit and has alot of resistance above as well. It's also a pretty large float so I'd be cautious with any buying and would sell into any immediate resistance.

OON
1
OON Jun 14, 16 5:28 PM

@hunterhardy220 Could already be overenteded as it's up 140% currently so only way I'm buying this is if it holds that 0.33 level more perferrably 0.34.

hunterhardy220
hunterhardy220 Jun 14, 16 6:18 PM

@OON Thanks for the info! We'll see what happens in the morning.

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