70107480OP :
Once we go beyond that, we don’t know how far it would rise from there, because we won’t expect resistance from there, it can easily go up as long as people keep on buying
70107480OP :
There is resistance around 2.3+, i think if we can pass through all these resistance going 2.9+, we might reach 5 in the days, or weeks to come
James Bryant :
what do you feel about cash vs. margin. I was protecting my small account ($1700) from losses and now marded pdt. 2 day wait sucks though to have cash available for trading. But I realized that I am still stuck only being able to make 3 trades now that I'm marked pdt.
70107480OP :
I’m having the same problem myself, forgeting my limitation while trading, i’m under restrictions for 90 days. Not the best person to give advice though
70107480OP :
This is just me talking, the way i grow my capital… firs, i accept the fact that trading is gambling, and there is a big posibility that i may loss my money. Second… i avoid investing in expensive stocks (though other people suggest otherwise). I try to pick the best and safest penny stock that i could buy more, base on the limited money i have, and stay for a while in there until i profit and move on
70107480OP :
The more stocks i bought, the more money i get. Patience and picking the right stock was the key at first, but it work. Eventually, my money grow, and now i can invest in a more expensive stocks (around 30-70’s), but i’m still focus on penny stocks.
70107480OP :
I pick penny stock around a dollar, and stay with them until they reach 15+ or more. thats why it is very important that you believe in the company you invest with
70107480OP :
Although lately, i invested in a company under a dollar because after doing a lot readings or doing DD, i find out that this company would really grow in the months and years to come. but just like any other baby company i invested first, this will go fast first in the next few weeks and months. But since i belive in this company, i know it will grow
DollarsmakeSense70107480OP:
Just join one of the other dozen trading platforms. I have accounts in here, Fidelity, Ameritrade, Charles Schwab, Tastyworks, Tradestation, Webull, Sofi, Interactive Brokers, and a couple others. Basically all of them, haha. But I can day trade almost nonstop if I want. I'm currently restricted from trading on 4 or 5 of them. At this point, I'm getting close to having $25k all together. Thinking once I get closer to $30k and can qualify as a day trader I'll move it all on to here, though.
70107480OP : Once we go beyond that, we don’t know how far it would rise from there, because we won’t expect resistance from there, it can easily go up as long as people keep on buying
70107480OP : There is resistance around 2.3+, i think if we can pass through all these resistance going 2.9+, we might reach 5 in the days, or weeks to come
James Bryant : what do you feel about cash vs. margin. I was protecting my small account ($1700) from losses and now marded pdt. 2 day wait sucks though to have cash available for trading. But I realized that I am still stuck only being able to make 3 trades now that I'm marked pdt.
70107480OP : I’m having the same problem myself, forgeting my limitation while trading, i’m under restrictions for 90 days. Not the best person to give advice though
70107480OP : But most of my investments are for long term, unless i discover something bad about the company, that i need to exit or to cut losses
70107480OP : This is just me talking, the way i grow my capital… firs, i accept the fact that trading is gambling, and there is a big posibility that i may loss my money. Second… i avoid investing in expensive stocks (though other people suggest otherwise). I try to pick the best and safest penny stock that i could buy more, base on the limited money i have, and stay for a while in there until i profit and move on
70107480OP : The more stocks i bought, the more money i get. Patience and picking the right stock was the key at first, but it work. Eventually, my money grow, and now i can invest in a more expensive stocks (around 30-70’s), but i’m still focus on penny stocks.
70107480OP : I pick penny stock around a dollar, and stay with them until they reach 15+ or more. thats why it is very important that you believe in the company you invest with
70107480OP : Although lately, i invested in a company under a dollar because after doing a lot readings or doing DD, i find out that this company would really grow in the months and years to come. but just like any other baby company i invested first, this will go fast first in the next few weeks and months. But since i belive in this company, i know it will grow
DollarsmakeSense 70107480OP: Just join one of the other dozen trading platforms. I have accounts in here, Fidelity, Ameritrade, Charles Schwab, Tastyworks, Tradestation, Webull, Sofi, Interactive Brokers, and a couple others. Basically all of them, haha. But I can day trade almost nonstop if I want. I'm currently restricted from trading on 4 or 5 of them. At this point, I'm getting close to having $25k all together. Thinking once I get closer to $30k and can qualify as a day trader I'll move it all on to here, though.
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