Spent the morning in the timalerts chatroom, trying to follow what might be a decent play, unfortunately nothing yet. A couple of good big rises but was too slow to move and a couple of potential short opportunities but want to get my mind fully into it before making that leap. Also still waiting for my thinkorswim (TOS) account to open so I can eventually get access to hard to borrow stocks. Looks like today might turn out to be not much of a trading day for me since I am currently limited to 3 day trades per week (remember SEC limits 3 day trades per account if less than $25k and I am currently playing with about 1/5 of that). Plus not much solid out there, the one good "pump and dump" TPIV got leaked early and saw most of its spike in premarket trading, so not much left.
Once TOS account is open in theory I can do 6 day trades per week, 3 on schwab and 3 on TOS.
Monday, October 5, 2009
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