
Looks like a pump and dump and its dumping now. Are you seeing something else? Where did you get in for the overnight?

I am trying to read these chart patterns. I have so far read them backwards. ( as in I think it will go up, it goes down, I think it will go down, it goes up. )
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Thanks I will think through this.... Max $ loss / stop loss per share = # shares.

@huperauxano Yep always keep $ loss the same no matter how much money you invest per trade :)

@Chongette32 that's how i work it out too. I used to say a $200 loss was ok relative to my account size, but in reality it was too large for me mentally.

@Learnthings Yep it's whatever your comfortable losing. Mine is only $50.
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I am starting out as well. I think it is OK to start with a loss and learn from it rather than hold on to the idea of a 'perfect start' to your investing efforts. Good luck with your 1st trade on Monday!

to answer your question, yes you can on etrade, you just have to call them and set it up. there fees for trading after hours and premarket. call them and set it up.


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I bought on the morning panic of 1.33 sold at like 10:45am at $1.53 x 1,600 shares solid $300.00 in profits after commission I'll take it!

@Centaurion Thanks for sharing!.Today is my First buy! I bought at $1.23 about 10 AM and tried to get out at 1.56-1.59. I couldnt get it done. I am still in there trying to get the fees covered (only bought 100 shares) I need to buy more shares in the future. Its been fun though!

@Centaurion (I bought TBIO)
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Ah, when i say "be aware of midday spikers", i mean be careful of them. Tim warns against them a lot

I don't rush into a trade like that. I mean if you notice a stock literally the second it's breaking a morning HOD then I'd wait for the pullback which generally happens. Other than that I buy anticipating a breakout early. If you look at my MYOS trade today I bought at 2.60 because it was making higher lows and I was anticipating the breakout. I didn't get stopped out when it dropped to 2.40 soon after but that requires keeping emotions in check. I buy anticipating the breakout because often st

ocks double top (like today MYOS looked like it would so I sold) and it gives me room to exit with a profit even if it double tops. In the past I would often buy right as a stock is breaking out only to have it tank soon after and I'd take a loss.

If you feel the need to buy without really having the time to double check everything then try taking half of your desired position then take the other half after the breakout is confirmed
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Its always a good idea to cut losses when not comfortable, dont let it discourage you.. Again it couldve been worse, i always tend to kick myself for cutting losses then seeing the stock go as planned when i exit.. it just means youre on the right track, keep up the loss cutting it will keep you in the game longer

@georgenehmi1 Thanks George, From my point of view is slow trickle down, I have to sharpen my entry points

Thanks for the valuable information! You will get'em next time!

@kassip Thanks for the support, I'll follow your advise
I am having that issue with Etrades at times. It could be many factors! Internet burp, personal lack of decision, or e-trade. It is very easy for me to blame E-trade for not getting in there, (or out). So, I'm too new! can't really help you:(
Yea I'm really thinking of switching to E-trade let's see ! Thanks for the response !
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