Archive for the ‘Thinkorswim’ Category
A Day Meant To Be Taken Off But The Lessons Remain
TIM $15,001, Up $68, Stupid Trade Pays For Sushi Dinner
Another slow day—no big smallcap movers—but just some more reasons to love Thinkorswim. This time around, it wasn’t excellent customer service or their letting me slip by the ridiculous Pattern Day Trading Rule, it was them letting me short a stock under $3. I thought that was a hard rule, but apparently the customer is always right with these guys—I love it! IB, Ameritrade, E*Trade and Scottrade users, you poor poor people, you deserve better, you deserve Thinkorswim.
The stock was Arte Medical (ARTE), a company that makes a supposedly safer Botox-like product, that quickly surged 30%+ on news that Botox is more dangerous than previously thought. (hmmmm, injecting toxins and bacteria into your face because you’re a superficial slut is dangerous—who knew?!?!)
Why Thinkorswim Is The Best Broker & Tonight I’m Gonna Celebrate Today’s Trading Gains In Style
TIM $13,928, Up $20, Gonna Splurge Tonight, Maybe Olive Garden!
Potential Supernovas: None, unfortunately
See which stocks I think you should buy ahead of earnings!
FRPT another Lionmaster pick, spiked mid-afternoon on TradeTheNews.com big contract rumor, rumors are usually wrong, too tough to chase, continuation of this move possible, but not overly likely, avoid until after the fact because if true, this can really go up big and that is predictable.
APWR, Superman on TheLion.com’s call of the day, called it around $15ish after contract news (unfortunately not signed, just LOIs, could be fluff, but it’s hypeable fluff!), great, great, great chart breakout of 3 month base between $12 and $14. Now that is a breakout, none of that possible breakout crap, click this chart:
UPDATES
Why longterm investing in penny stocks sux
Why Greenbackers.com doesn't suck
Jul 19, 2008LiveStock was particularly good this week
Jul 18, 2008TIMtrades
Learn from my successes, learn from my failures, learn from TIM. Click here to learn more.
| Date | Stock | Buy | Sell | Net |
|---|---|---|---|---|
| July 15 | MNLU | $6.37 | $6.73 | $340 |
| July 11 | IDAE | $2.27 | $2.49 | $630 |
| July 8 | ERII | $11.29 | $11.00 | $162 |
| July 3 | TGC | $2.14 | $2.39 | $471 |
| July 2 | HYGS | $2.15 | $2.29 | $260 |
| July 2 | TGC | $3.44 | $3.49 | $80 |
Total: $21,900 (
76%)

















