Torkers
Torkers Jul 02, 17 6:09 PM

Is there anyway you can adjust your scheduale so You can watch The first hour of The trading day?:)

wwestlund
wwestlund Jul 03, 17 12:24 PM

I'm in CST, so market open here is 8:30 AM. I start at 8 AM, plus I drive 35 minutes to work, so I'd really need to start work a 10 AM for that to work, which WOULD be nice, but isn't possible.

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wannabestocktrader
wannabestocktrader Jun 26, 17 11:51 PM

Yeap, you gotta be careful! Things are setup in such a way retail traders simply can't buy at X and sell at X + .01 without losing money. I just watched someone's proftily video not too long ago and they had like ~$500 in comissions on a trade due to A/H rates on a low cost stock! Can't remember who, but you have to be aware of your fees and factor that into all your trades.

Financestudent
Financestudent Jun 27, 17 8:21 AM

so you trade with 50 USD. I myhself have 1000 usd and think that little money to play with. I think you should start with 2500-3000 usd.

wwestlund
wwestlund Jun 27, 17 11:12 AM

I was only trading the $50 while my funding was pending in my E-Trade account

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Palmer
1
Palmer Jun 24, 17 9:27 AM

after all this time I (we) still need to keep up with things in the markets about what is moving or moved and be prepared for that window of free time we have. I thought I would be back to my normal schedule now but looks like another month of a few mornings a month. So, now I am looking into some longer term entry holds. Must learn to adapt.

Palmer
1
Palmer Jun 24, 17 9:27 AM

You'll get there soon.

bank_a_tronic
1
bank_a_tronic Jun 30, 17 9:11 PM

@wannabestocktrader That's right-1st things 1st. The responsibility as MEN & WOMEN then the added SKILL of what we can add to our character traits & then bank on what we have learned day trading. Absolutely.

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wannabestocktrader
wannabestocktrader Jun 21, 17 6:03 PM

Yea, it really is a struggle. Trading without a plan is so easy, but so risky. The more I study and try to learn, the more I find myself not liking any of the trading opportunities on a daily basis. There's a lot of profits to be made, but I want to find good solid trades that I planned out and executed. Anyways, good luck with your studies!

wwestlund
wwestlund Jun 22, 17 12:05 AM

Absolutely, I'm already seeing who's applying it in chat, and who's begging for picks. Stuck to my rules, didn't chase, live to trade another day.

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Skraft
Skraft Jun 22, 17 12:04 AM

I'll be looking for some dips tomorrow in the morning. I really liked your size into your position advice you gave me. That worked so nicely today. Lol 😂😂 the people who are "ready to be in an orange Lamborghini when this hits 4 dollars a share" type of people 😂

Skraft
Skraft Jun 22, 17 12:06 AM

I made a decent dip buy on SPI a few weeks ago during its run up. But just the lessons I learned today I look back at that trade and I could have played that one so much better even though I made a decent trade on it.

lombardo141
lombardo141 Jun 22, 17 7:41 AM

@Skraft Good for you on the sizing in stuff. That just calms the mind and you dont get eager to cut losses to quickly. Just be careful on falling knifes. Just sold most of my position. The volume on DCTH is drying up i think. By now the volume is in the millions. We may have volume exhustion coming into play. If it runs i will just rinse and repeat.

Skraft
Skraft Jun 22, 17 8:01 AM

Well I was sizing in on a breakout, added on dips. Never hit my risk and the dips I added on were higher lows except one of them which hit .29 but I didn't panic there. Yeah, I'm thinking it's very overextended now. If it can pick back up I will go for another play but I think it's sympathy plays may have a better day than it will.

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