Last Friday I had my first trading day and this were the results. I have been mainly discovering which stocks I was able to trade via TEFS. Net profit of $21, which was fine for this testing day. Aiming for higher daily gains going forward.
so good to see you back @Mitzter! always awesome to see an old timer from the old HSM chiming back in here
Welcome (back) @Mitzter. Looking forward to following along with this journal! Gotta love a nice freeroll
Thanks T0rm3nted! Indeed freerolls are the best, hehe! Let’s make this a great journey and especially educational for myself and the readers.
Hey @Mitzter I remember following you back on HSM on a penny play VPCO that ended up being a 3 bagger. Will be following you here as well!
Yesterday I traded a couple stocks in play. I noticed I used too narrow ranges. When the stock went into my direction I increased my stop and often got stopped out for that reason. Gross I had a decent profit, but because of the commissions I ended the day in red with -$12. Not a big deal, but next time I’m adjusting my stops only when I have more profit. Give it more room to develop. Also the stocks I traded didn’t see much continuation, but were choppy. This also makes it more difficult to take large gains out of the markets.