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Showing content with the highest reputation on 04/07/2020 in Posts

  1. 2 points
  2. 1 point
    4-7-20 AIS 0850, 7 hours, 9/10 had an early Dr. appointment Over-traded again today. Its time to reevaluate the rest of the week Charts are just all over and I only have one good trade today in the morning on KSS. I should have called it there but instead I too a near target trade to MAX Loss. Arghh.... The next two days I will limit my trades in a big way. Back to one loss before 1100. If I break these two rules either day I will force myself back to a smaller risk. Rs: -2
  3. 1 point
    Tuesday 04/07/2020 I had a well-being score of 7/10 this morning. I took 1 live trade with CCL. My watchlist: AMD, MGM, DAL, AAPL, CCL, and BA. In PM CCL was bouncing between levels 12.23 and 12.41 for 25 minutes after 20 cent pop. I went long when the price bounced from 12.23. There was also a reasonable size ask above the 12.41 level. I have a 10c minimum stop rule for PM and first 30 minutes after the open. I don’t even have a hot key with a stop smaller than 10c. So my stop was larger than what the chart said I would need, but this gives me some buffer if I have to ride this into the open. My final target was $13. I was hoping to get at least one partial before the open. Though price slowly rised it never reached my price to take a partial. The price did increase enough that the 50MA-1min was above my stop to help it for support. The price open with good volume and I took a partial at the high of PM. Just as I did Andrew announced he entered the CCL trade making me feel I took my first partial too early. Then it took me 3 partials to take profit at 12.60. The spread was fine, but the price was just so spikey. My big partials were my first and 5th. Then all out when it broke HOPM. What did I do good today? Good use levels and taking smaller partial size. What I am grateful from today? Stressful trade but held on.
  4. 1 point
    4-6-20 AIS 0745, 7 hours, 7/10 PAT: Over-trading. No trades for the first 5min without a predetermined plan. CODX PB#1 engulfing 5min and break of VWAP for a momentum scalp. was a little slower than I wanted but worked just OK. should have entered on the break of the prev. 5min candle Back and side is killing me, will have to recap later Cons: Over-trading on INO Pros: Rs: +4.5
  5. 1 point
  6. 1 point
    While doing reviews for this week, I notice that my commission is a lot more than I expected. Here is a snap of my trades and commission on Friday. You can see the first 1000 shares i bought was charged $6.70 second 1000 shares was charged $3.70 third trade for 2000 shares was charged $13.14 !!! I'm not sure why the first trade was charged so much more than the second one. Those trades were made 3 seconds apart. The average commission on those trades are more like 0.006 per shares or $6 for 1000 shares rather than the 0.0035 like they advertised. I doubt interactive broker was over charging me particularly. And while the fine prints at the bottom did say its 0.0035+fees, I think this is still very misleading and I hope new traders are aware of this. Carlos if you see this post, can you tell us what's the actual commission on SpeedTrader ? It says $2.95 +fees. The question is how big are those fees ? At interactive brokers, those fees are almost double of what they advertised.
  7. 1 point
    Converted a typical closet into a trade station. I added a 'peel n stick' wood wall paneling and installed a 3 pot-light lamp above with dimmer switch.
  8. 1 point
    There you have it folks! They don't call him Lee 'The Legend' for nothing lol.
  9. 1 point
    Robert is correct. Jason, here's what you do. Log in to the IB Acct Management page. Go to Statements. To the right, you'll see Create Custom Statement. Click that. On the next page, give the statement a name (maybe Commissions and Fees). Under "period," choose Daily. Then, in the "sections" at the bottom, click Commission Details. A check will appear showing you've selected that one. It is the only one you need to select. Next, mark any of the "Section Configurations" you want. You don't have to choose any. Click "continue" at the bottom right. You'll then get to review you choices. Click "create" at the bottom right. Next page, click OK. Next you'll be taken back to the Statements page. You'll see the custom statement off to the right. Click the little arrow to the right of the statement name. It will run the statement for whatever date is in the field (in the list of fields). This report will show you the total commission as well as the breakdown of broker charges and third party charges. Hope that helps!
  10. 1 point
    I've noticed the same! It really depends on the stock, liquidity at that moment, etc. @Lee W knows how to display regulatory fees separate from the Comm/Fee in the IB report. I believe you need to create a custom report. Examples from Friday: GSK bought 200, Comm+Fee: 0.74, per Share = 0.0037 MU bought 400, Comm+Fee: 1.47, per Share = 0.0037 SKX bought 400, Comm+Fee: 2.32, per Share = 0.0058 SKX sell 133, Comm+Fee: 0.54, per Share = 0.0041
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