@rugby would the Elliot Wave Theory be one of those cycles or something similar to it?

Most stuff out there is too slow for leveraged ETFs, my goal is to get in and out with $500 to $1000 gain in as short as time as possible using 1000 shares+/-. Any charting technique is going to show you what you should have done after you should have done it. Longer plays, sure, give it a go BUT you will miss lots of $$$ while you wait for the longer move. My technique is a blend of charting, history and feel for the ETF

@rugby I'm impressed with your winning %

You should be and it's real!

Do you just call and ask for lower commission fees?

Told them i trade way more than 15 times or ao a quarter and needed a better comm structure

@Arussell125 thanks man, Ill give them a call

Did you ever figure out this issue? I don't see how your commissions were $160? 4.95/trade x2 is $10 + $30 ECN fees = ~$40 in commissions. What else were you charged? I have been using them for a couple of weeks now and agree with Arick that you need to win a bit bigger to cover the costs of trading with them. I too have had greed days that turn into red days because of fees. Sucks, but part of the game of getting around PDT. Hope things have gotten better for you since this!

*3 losses

I had my losses in 2009, before I started posting on here. I have an occasional loss when I fat finger a limit order but it's all about how far you let the trades run and I am pretty tight on my limit orders

paper traded tna today. Didnt do super well. Noticed that you sat the day out. Was that because volume was low?

I just haven't posted the trades yet...actually killed it early

I am always long TNA, 73.10 is a price, maybe not the right one, open is 72.93

I got three trades in from open until now, last exit was 74.60

tell me in a week if any of those hit, in the meantime I will hit every one of my trades using one equity.

I wasn't good at penny stocks so I went to what I was good at, leveraged ETFs, nice volatility without window shopping, just pick you entry and exits!

Very interesting. How would i start leveraging ETFs, and how much capital will i need to start with

I have played with almost every size account from $500 to $2.5 million, smaller accounts require longer hold time OR smaller gains per trade, I choose smaller gains usually and get more of them.

even though it was a fictious trade?

8/18/16 EAC: open 0.47 high 0.49 low 0.45 close 0.46 adjusted close 0.46 so our boy didn't buy at .50

haven't fixed your fake trade yet?

fake boy is still on here?

Wich stock do you trade everyday exactly, with how much leverage at which broker

With how much leverage can you buy TNA?

Just read they will do a share split

I haven't seen that info, I believe E*Trade requires 25% margin so 3 to 1 leveraging