I had faith, in my gut I had a feeling it was going to $4 because its not the crazy volume like other stocks. The stair cases walking made sense. Will not be surpised if she hits $4.40 at the rate its trading. $3.80 RTQ, hit $4.
800 shares at $3.90s, sold at $4.60 during the LL2 offer walk away it hit $4.69 taking out shares from $4.50-$4.69 shares.
She hit $4.69 very few shares at $4.70, not complaining making $.33 on 6200 shares and .7 on 800 shares. I need to post a snippet of my IBKR account. Snippet is not working, I can use my email from IBKR Account Alerts to show the trade to keep me safe.
I bet he would of if I told him about it when I bought in Pre-Market, watched this guy go through two divorce. You know what his job is now, he's risk manager for high net-worth discretionary option funds in the South. Heaven forbid someone intelligent like some of the smart guys on Elite get that job.
I'm not a long only trader but I am close. So I am usually buying stocks making new highs, all-time highs, 52 week highs, new high of day, etc.
Are you saying then that you typically are less aggressive in your PDT accounts? Less size? Different share structure (more liquid/higher float vs less liquid lower float)? Or are you trading your cash accounts as you would trade your PDT accounts, which is more aggressive than you would generally trade a cash account?
Absolutely you hit the nail on the head, trading smaller accounts allows the freedom to see how far these stocks and options can move. I do my best to avoid non-liquid stocks and options. Today I tried a test option sell in a bigger account, I put out 10 contracts(I bought 100 for under $.40-$.70 or $.50 average) on a stock that has finally started to move with volume and take out Highs. Sent a STC 10@$1.50 when the option was $1.50 in the money. Price went up to $1.70 and the contracts just sat. I cancelled the order, shorted 10,000 shares and had a boxed position until the stock broke. On my bigger accounts this luxury is afforded, the smaller accounts keep me focused on buying or selling, no boxed positions! Back to your question, I am a little more aggressive with the cash and sub $30k margin accounts. The actual goal of my journal was to show traders you don't need $100k after you learn the basics to make enough cash to live in comfort in a trailer park.
Edited: Years ago I wrote about my problems trading FIZZ when it was $13 heading to $120, trading options was lucrative if you did not mind being in boxed positions. Small accounts are great, they keep you focused and prevent the trader from over-trading as well.