Yep. If you hold 3X ETFs more than a few days, you'll eventually have your head handed to you.

Does that mean its a good time to buy $DUST ? or stay away ? It really went off a cliff in January... Will have to do some reseach.

Hilarious

lmfao!! thats hilarious!!! into the DUMP!

wow.... he he he

It's destined to go down the drain IMO lol PGRN = DUMP

Got it!

Looking at CFMS and JWN (which in AH are at all time lows long term) I'm guessing you'll be watching these over the next few days for support and a dip buy.

If you find the time during the weekend I'd like to read what your strategy will be for these two. If I haven't said so before - I like your style!

It's so hard for me to wait for good entries...

I have a few accounts with Etrade, so far no issues each account gives me 3 trades. Have maxed out both of them a couple of times guess its time to create another one.

I kept a Robinhood account open and had to fund it after violating PDT rule... Which kept locking up my trades.

There have been many times where I have almost violated the PDT rule

@HebrewHammer I am also stuck on a cash only basis on my E-Trade account. I think it may be to my benefit though so I will wait out the 90days.

just keep learning dude, good job!

I lost like $1,600... After that I took a step back and traded super small and tried to learn from that... Instead of trading big and losing big. I also quit buying at the top. If I missed the train / I missed the train.

Thx guys for commentaries. You know when someone touches your $$$ you can't let them more $$$. So this is learning market tuition.

Appreciate the list... Mega helpful

Nice list. $ALQA looks good... PS if you can add the $ money sign when you list the stocks so it can pop up in search.

Hey thanks @msCrystal ill keep that in mind for Thursdays watchlist

You're welcome.@Montilla17

Hey bro, was there volume with these trades? there always needs to be volume. To me, volume is everything. I see that you have a plan which is great. Maybe you should try swing trading. This day trading is very hard for beginners like ourselves. Even with the Level 2 and a plan, sometimes a stock just doesnt move in the way we want it to. Maybe you should use bollinger bands as an indicator. Using the bollinger bands in the chart helps me see where the stock can bounce from.

Good reminder... Sometimes i forget about volume...@Erik920

@Erik920 been out of profit.ly lately, true volume is key :)

@timothysykes tim preach! its all about finding my groove. i followed your alerts and other chatroom hype with no solid plan of my own. my only 3 profitable trades were done when i did my own research (GRPN (2015), LGCY, ORIG).

I try not to mirror trade as Tim says... I lost on taking some of his alerts BUT I also won BIG with tickers found in the chat... when oil was starting its first rally

Stock movement is usually based on illogical factors. One of them is "hype". The alerts, chat and stocktwits can often get you in a good spot because you need volatility to make money and hype produces that. On the flip side if you are chasing it is usually bad.

Did the same thing following Tim's alerts and a few days I made money but most of the time I lost til finally he made a video literally saying dont follow his alerts, sometimes by the time he alerts its too late. Lesson learned and now I'm a bit more profitable,

Use Support levels as your risk! If you just place your risk level randomly, its much harder to make yourself get out. If you're risk level is at a support level and it breaks it, you get out for a small loss. Also, it gives you a better chance that it rebounds off that level and increases your probability of success. Never chase, so if the stock is more than 5% up off a support level, your risk/reward becomes more risky. Lastly, work around your work schedule. I don't recommend entering a posit

ion and then leaving it while your at work. But if you do, like maybe for a swing trade, set hard stop-losses just in case.

My thing is that shorting is definitely my strongpoint. I think my problem was taking massive position sizes and going for grand slams. My best trade was $650 in 20 minutes with 750 shares. I guess stop losses are going to be my best friend.

Good advice for setting hard stop losses... I get tired of watching my phone all day.@JorgeZ19