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Old 01-09-2004, 11:39 PM  
cheese
Confirmed User
 
Join Date: Jul 2002
Posts: 239
Quote:
Originally posted by aflex
ameritrade

i really screwed up by jumping in this stock when i did, im fairly new to day trading and bought a high volume traded stock with thoughts of holding.. i didnt wait for dips like i should have so i'm locked in around .055 per share.. it should gap for monday though, lots of big news for this company.

38,000 shares
Daytrading penny stocks with Ameritrade

Man, I feel sorry for you. You will be broke very soon, don't worry. Just keep "averaging down" when trades don't go your way

Are you holding? buying dips? daytrading? Make up your mind before you get into the trade, don't let the trade tell you what to do.

Dude, take my advise. DUMP THIS PIECE OF SHIT, then paper trade for at least a month (no penny stocks), then get some good level 3 access and start trading slowly with your own money. Don't be afraid to take losses. Learn from your mistakes and move on. And most importently, don't get into daytrading trying to make money. Once you master the art of not losing money, the profits will just take care of themselves. Don't trade with emotion and the word "lucky" shouldn't be on your vocabualy.

Have fun
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