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Jmontes729
1
Jmontes729 Sep 30, 16 12:09 AM

I felt the same way today. Literally traded out of desperation. bought into trades as they were spiking, then kept them hoping for a second spike which never happened. Instead went way lower than buy in price. :-/ All we can do is keep learning and become wiser.

sarang96
1
sarang96 Sep 30, 16 12:24 AM

Hi , I am suggesting to stop trading with real money and paper trading . try to find patterns you like and get better in those patterns . I know what you feel right now and you want to make all the money you lost but you should remember , a revenge trading will result in a bigger loss

littlemoney
1
littlemoney Sep 30, 16 8:37 AM

Evan,My Brother we all experence these Emotions what ever the dollar Amount. You have to remember "BASE HITS" When you try to swing for the fence you loose I know that is easy to say However, Look at the History of all the successful trader we are surrounded by.They all preach the same thing "IT'S A MARATHON NOT A SPRINT" Take a step back relax build your confidence by studying/Paper trading get back in the game with confidence.Do not force your trades. You know the rules " STICK TO THEM"

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smillie327
smillie327 Aug 08, 16 10:22 PM

You can have a cash account (no PDT to deal with) and open a seperate Margin account (subject to PDT) for 3 shorts in 5 business days...I like cash account for small $2000 account b/c U can have 6 or 7 trades per week taking smaller positions while U learn how to trade and get used to the emotions of trading with real money and not just paper trading...2 completely different experiences.

sarang96
sarang96 Aug 08, 16 11:08 PM

I like PDT , It teaches you how to trade not to gamble because you have to be picky and think about it . You can do the cash but even if you enter a trade with $500 you have to make at least 2% to 5% gain depend on your broker to just cover the commissions ! If I were you I would stick to my margin account and try to grow it .

sarang96
sarang96 Aug 08, 16 11:11 PM

Cash account is not for learning if you dont know how to trade open a paper trade account . Over trading and FOMO are the worst things can happen to new traders and they can kill your account very very soon . However , If you think you know what you are doing but you are not successful because of PDT you can start USTOCKTRADE .They have low commissions and no pdt

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sarang96
sarang96 Jul 05, 16 1:35 AM

are you a short seller or long ? If you are short seller and dont have 30000 just go with IB , but if you have 30000 and want to short go with centerpoint security , if you are long trader go with speedtraderbecause they have better execution for OTC

TsantsaTrader
TsantsaTrader Jul 05, 16 10:49 AM

By the way, according to their website, Centerpoint has upped their minimum to $50,000.

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sarang96
2
sarang96 Jul 03, 16 12:43 AM

First You need margin account .2nd your broker has to have shares 3rd) Best example I can give you is EBIO , I shorted 2000 shares on Wed and I covered ON Monday : for this trade I paid

sarang96
2
sarang96 Jul 03, 16 12:46 AM

$20 commision + $40 hard to borrow fee (APR was 99%) and also keep in mind for shorting stocks under $2.5 you need to have $2.5 for margin requirement . For shorting 2000 shares Ebio at $1.50 you need to have $5000=$2.5*2000

Scr1pt_K1ng
1
Scr1pt_K1ng Jul 03, 16 3:39 AM

One rule i follow is : don't hold overnight. Especially if you are covering the 2.50 rule through margin. ALSO, i recommend entering the position a pullback.

iJasonR
1
iJasonR Jul 03, 16 6:42 PM

Thank you guys

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iJasonR
iJasonR Jul 03, 16 2:48 PM

@Justinian77 Really? I thought a buy and a sell was one trade. Thank you for clearing that up!

Scr1pt_K1ng
Scr1pt_K1ng Jul 11, 16 3:46 PM

@iJasonR , 1 trade is a round trip, buy and sell = 1 trade, if you are unsure in etrade about this, go to Accounts - Balances and it tells you how many trades you have left and how many trades you have performed

TravisGoodson
TravisGoodson Aug 07, 16 3:06 PM

you can call etrade if you haven't used ETRADE pro and they will give you a free trial if you ask. if you execute the minimum trade amount during the trial you won't have to pay. I have never paid the fee to this day

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sarang96
sarang96 Jun 14, 16 6:04 PM

You can go to yahoo finance , Or you can get sst or equityfeed ($100+ monthly ) . Just remember Tim was not the first one . TWER spiked almost 2 hours before Tim initial buy

sarang96
sarang96 Jun 14, 16 6:05 PM

and you could find it in top gainer , Tim saw the support and volume and then bought TWER . You dont want to be the first person . Even if you see the P/R you cannot finish reading it correctly less than 30 minutes

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Received 3 Karmas
Fox_Trader
1
Fox_Trader Jun 10, 16 9:50 PM

If your trading like your doing it will be free Its 30 trades per 3 months your good man

JMDev
JMDev Jun 10, 16 11:59 PM

I'd just use think or swim personally or Tim's StockstoTrade personally

Fox_Trader
Fox_Trader Jun 11, 16 2:17 AM

I made a video for you its on my page.

millyunerr1694
millyunerr1694 Jun 11, 16 5:46 AM

there' no charge for etrade pro if you make 30 trades per quarter, or 15 round trip trades. (buy/sell) and I think a minimum balance of $2000.00. I believe that's the way it works, I have an account with them and haven't gotten charged. If not STT has level 2.

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