This will be the start of an online trading journal. About 3 weeks ago I opened an account with Scottrade. I have read several books and spent a lot of time IMO researching trading. I finally figured the best way to learn was to get in and do it. I was initially disappointed with scottrade features however they are improving with better order options. I have been watching CNBC on the day's I can trade. To date I have won more trades than lost however I am down $50. I get in with limit orders and lock in profits quickly and walk away. Some trades have gone up after leaving the trade and therefore I plan on using trailing stops in the future, although I don't like them when entering the trade. I am learning more by trading than anything else and plan on going forward in my trading career. I don't have any specific monetary goals but I do want an education. I hope I am not opening myself up too much for the bashers but I will take the positive with the negative and try to learn from both. Right now I am 200 into INTC at 27.16. I will probably sell it tomorrow morning depending on which way it goes and look for another trade. I am a short time seller with not enough capital to day trade. People says it will kill you. Not that this is play money because I don't like to lose but this is an education for me. Thus far I haven't done bad. I have done 6 round trip trades with only one being overnight. I have studied the charts and done a fair amount of homework and am actually doing better by not doing much other than watching a handful of stocks trading ranges and looking for an entry. I also like to enter on good news or better than bad news! While watching CNBC and hearing CYBX CEO denounce everyone including the Wall Street Journal recently, I got in and turned a fair profit on two trades with them. I go for small profits of around $100 and up depending on how many shares I am trading. Through my learning to this point I put a stop limit in at approx. 4% below what I buy in at as an initial stop and adjust daily if holding overnight. I have a margin account but try not to use more than $1,000 of margin. I have had some education in trading with a new platform. Two weeks ago I wanted to short KKD. I didn't realize that it wasn't shortable with Scottrade and ended up putting in a buy order (accidentally). I immediately sold at market (bad) and lost about $40 including commission. If I would have left it and put in a stop I would have made money that day. I am going to try and concentrate on the upside for now and move to downside when I am doing well on upside. Stocks of interest right now are TASR (always) CYBX (looking for FDA approval, or good rumor) MRVL (don;t remember why right now) and INTC (somewhere to put the money for the weekend) Hope to hear some good conversation from you all and I will keep posting. I can't wait for tomorrow!!!