Just curious, how many other traders are there on penny stocks besides those newbs which are signing up on various places to learn how to trade penny stocks... I mean, who else are trading them? If its all same people trading the same stocks from the usual scans of high 52, volume creteria then, that itself is very predictable no? Maybe im wrong, im a newbie
you'd be surprise ally trade penny stocks.. id say most are long bias tho just my opinion
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I use TOS charts with SureTrader's WebtTrader. it's very simple and doesn't take up much resources but I have to record my trades and request refunds of extra $4.95 commission charges from time to time.
I use IB WebTrader, infinitely better others, read http://tm.ly/timbroker for all my brokers
Thanks everyone. Looks like it might be worth checking out...
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@pawncheck Check this out it might help you. https://www.youtube.com/watch?v=QpVbDVZHab0&index=51&list=PLh77VbTZaer03McaYT-cZ3QQn41HG-SNx
Yeah, I was really intrigued by the fact that it is free trading, but I am also a big believer in "you get what you pay for". I believe RobinHood can be a great platform for the long term traders, but as for day trading, TOS would be a much better choice. Those fees though! lol
sorry if this has been posted somewhere else but I am wondering if there will ever be support for importing my robinhood portfolio?
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Fantastic posts guys! Why can't I give karma to the above posts???? lol ;)
lol. ;)) yes! Our thoughts control our actions- key to lifelong success!
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i watching BTU but i am a very Newbie,but i like the pattern
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@bank_a_tronic where can I sign up?
Gotta google and research them they change
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Excellent insight & self reflection. Taking profits bit by bit helps too like was your first intuitive thought at 1.50. Being on the right track says a great deal- and self positive critique is awesome ;)
"if your breaking a rule. It's because of your psychology. Its because you are letting a dominant voice tell you what to do. Now in order to over come this. You have to identify all these voices that tell you to go against your rules. And you have to practice being mindful." - @ericgtm http://profit.ly/user/Lucid/blog/what-happens-when-you-mix-greed-trading-and-leverage
Ask yourself, if u were a stock trader for some bank or whuever, would you trust yourself enough to to handle other peoples money, if not....keep paper trading. :)))
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I feel ya brotha! I was looking back and I've had a few losses but at least I am going where the money is. In my opinion spotting the good trades is the first part. Keep on rolling!
Switch to paper trading until u get prof u got a working plan
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@pawncheck thanks bro!
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