hustlenflo

DAY 8 - $CNIT premarket got up to 2.40..This is the main stock I am watching today. Within my price range and volatile...At the market open, went from a 2.10 to 1.90 on the 2 minute chart. TAKE NOTE OF THE STOCK'S INITIAL MOVE AT THE MARKET OPEN!! After taking note of possible support and resistance levels on the daily chart, pay close attention to resistance levels on the intraday chart for RED TO GREEN MOVE (straight out of Fous4 DVD)...The mistake I made was to only pay attention to premarket highs (at 2.40) so I set my alert at 2.40, not considering the moves happening after the market open. So in actuality, the key resistance level for a red to green move was at 2.10. Not to play the coulda shoulda woulda game, but had I set my entry point for 2.10, the stock eventually went to day highs (NOT including premarket) of 2.35. 25 CENTS A SHARE IS NOT BAD AT ALL! So remember to consider the high and low of the 1st 2minute or 1minute candle. Also remember to pay close attention to the amount of volume at key breakout levels..If it's not an unusual amount of volume at the point of breakout, it can be a key indicator of whether it will be a possible top. YOU HAVE TO BE QUICK AND DECISIVE!! At my possible entry point of 2.20, I saw a massive seller there, so I thought, "If I see this big block seller get taken out, I'll place my order." But the stock price went from 2.18 to 2.23, and I missed the entry of 2.20!! LESSON LEARNED! But I will say that I saw the big block seller GRADUALLY decreasing, but he was a couple slots down on the level 2, so I didn't connect the dots in the moment. Will be/do better

single_af
1
single_af Dec 27, 15 4:27 PM

nice analogy, I bought 260 at 2.20 before the drop on the 24th to 2.0 but it creeped back up to 2.23 by 1pm and now ive been holding all weekend. I might sell them tomorrow though I think either it will hold at 2.3 unless theres news or drop after that hype from the nasdaq

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DragonBear
3
DragonBear Dec 20, 15 4:36 PM

If I was you I would buy Penny silver if you are seriouse

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StockTicker77
StockTicker77 Sep 24, 15 1:39 AM

@dsla10 I haven't logged into iBoss to see all the details yet. But they have ECN fees etc. All my trades with them have had extra fees. And I did hear that before I started, just didn't realize how much it adds up to with a small account.

single_af
single_af Jan 07, 16 1:23 PM

does anybody have any updates on this? I am a new student and am finalizing my accoutn with virtualbrokers. Sadly my account is only about 1k canadian for now. I want to short sell but I do not have enough capital yet. So far I have been using tradingview.com for my chart analysis, stock fetcher for my scans and stockpro on my phone with potentially interactive brokers for my brokerage

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juin
juin Aug 20, 15 8:34 PM

Canada is boring, what are you doing there?

osirustwits
1
osirustwits Aug 20, 15 8:48 PM

@KylanHodson You my friend are amazing. I have been looking for a better trading platform I will call them tomorrow and see about setting it up. @juin Canada is great we have free healthcare and the TFSA ;) look at my twitter @Osirustwits you can see how much I grew that in the first 6 months....

KylanHodson
1
KylanHodson Aug 20, 15 9:07 PM

@osirus1 thank you buddy + all the best in trading!

single_af
single_af Jan 07, 16 1:40 PM

any updates on this? I am about to get a virtual brokers account since I don't have enough capital to short sell yet. Eventually I would want too but I don't know if they do it well. How are their trading platforms? The web trader? AxisPro or Meridian

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