simsdaytrade

From here on out, I am going to start at 10,000 in my account, so I can learn that I do not have to freely trade because I am above 25,000.

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simsdaytrade

I learned a lot that if you do a chase short sell, have your risk very close to your short sell price or increase the size, so that it increases your average price. Got crushed not being prepared and setting a risk that was too high.

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kobayashimaru
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kobayashimaru Feb 28, 5:26 AM

$I-It appears to me that the projected spending that management has laid out is below previous levels meaning that they should be able to pay down their debt and from the report is some of the possible reason why the stock has spiked without anyother catalyst. Projection in this stock is favorable at this time. $ABIO There was a huge gap down on this one but the news is good so maybe it will recover, I might place a trade in the anticipation of a spike

simsdaytrade
simsdaytrade Feb 28, 8:52 AM

@kobayashimaru never thought about the projection being favorable because of that. Will watch this stock today! Thanks for the input!!!

juleeatina
juleeatina Feb 28, 10:25 AM

@simsdaytrade thank you!! I am going to use stocks to trade paper trading to practice first (although I did buy some of AKER yesterday with real money!!) Keep us posted on how it goes on your end with $I

juleeatina
juleeatina Feb 28, 10:26 AM

@kobayashimaru good call! I am waiting to see one of the patterns I learned before I do anything either :-)

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juleeatina
juleeatina Feb 26, 12:40 AM

@RoyalTradez24 Now that I am reading more about stocks to trade, I see that they offer paper trading to practice. I want to do that first before the real thing. I am hesitant on the monthly fee (large amount for me), but it seems like it would be worth it in the long run

kobayashimaru
kobayashimaru Feb 26, 1:43 AM

Good luck to you on your new adventure. It's exciting and cruel at the same time.

mickd
mickd Feb 26, 3:15 AM

I know Suretrader and thinkorswim have free trial to papertrade. It doesn't come close to the real thing though, but it's a start. DAS has papertrading but I think the monthly fee is $100 which is insane to papertrade. Good luck!

mickd
mickd Feb 26, 3:16 AM

Thinkorswim platform makes me cringe inside and hate things though.

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