Received 1 Karma
Emertrader
Emertrader Jul 05, 17 11:11 PM

Perfect strategy , you don't have to worry about the PDT rule this way

radkan
radkan Jul 08, 17 3:13 PM

You bought MSDI around 1:00 and not 3:00 or 4:00 is because the stock market closed early that day, at 1:00. Nice video.

Join now or log in to leave a comment
radkan
radkan Jun 20, 17 9:49 AM

Thank you everyone! Yes it was a terrible rookie mistake. I got out at 8.05. $750 loss, hurts but better than losing more.

sergpnd
sergpnd Jun 20, 17 10:40 PM

It gaped down today on public offering news. It will probably go down tomorrow. But it's part of the trading you never know when it happens

wannabestocktrader
wannabestocktrader Jun 20, 17 11:33 PM

Yeap, the daily chart going back to the start of June shows no real signs of a good short setup. Even at the highs today, it was heading towards a 52-week breakout so you'd be reckless to try and short there. The S-3 was made effetive 06-09, but it was replacing the previously expired S-3 from 2014, so there was no practical way of guessing an offering so soon. While that might have prevented me from going long, I don't think there were any signals to short before the offering was announced.

Join now or log in to leave a comment
Palmer
1
Palmer May 18, 17 8:19 PM

is very tricky to trade. But again, if you want to get in pre-market on these plays...go in with a lower share size and see how things play out. GLYC will certainly not be the last runner like this, there is always another one. Don't let other posters get you down either by posting how much they banked while you were being patient. How many times have you heard Tim buy pre-market? Check his account balance. $SORL much more of a controlled price move..earnings winner testing a breakout with cons

Palmer
1
Palmer May 18, 17 8:21 PM

consolidation and volume leading the way...much more control there. Let price action come to you and don't chase. Use the pre-market high as a possible entry point, on a break to get in or during a dip at the open, price holds then swings back up to the pre-market high for a break...get in on the swing up and go from there.

radkan
1
radkan May 19, 17 12:15 AM

Thanks @Palmer. I had the same questions!!!

BillMalki
1
BillMalki May 19, 17 8:12 AM

@Palmer thanks a lot. Yes the volume on this one was going up in an exponential way and it broke the resistance HOWEVER it is best to wait as you said. Appreciate the explanation.

Join now or log in to leave a comment
Westexan
1
Westexan May 16, 17 6:21 PM

to short sell..just use sell and as long as you dont have any postions it will automaticall short sell your postion..same with buy to cover

TheMove
TheMove May 16, 17 6:24 PM

Ok, thank you. Just wanted to be sure it would do what I want since it doesn't say it verbatim on the phone app.

radkan
radkan May 16, 17 10:36 PM

on tradeking (now ally) it's asking to accept "hard-to-borrow" fees disclaimer etc. what does that mean? Do all brokers have a fee like that?

Westexan
Westexan May 17, 17 12:52 PM

@radkan you have to pay a fee to borrow those shares, because there are very little ..supply and demand type of situation..the hard to borrow the higher the fee

Join now or log in to leave a comment
Page
of 2