Continued from 2007 ... GO DOW GO!!

[Wifey]

Fracking is what I just call it ,,,, It’s just fractional trading . You can do limit buys and sells with a dollar amount instead of share amounts…
Note : Schwab makes you do market orders and stinks while fidelity allows limit orders .

You decide what to buy , I do major companies mostly the big large caps . I’ll buy $100 to $250 worth of each stocks and do multiple stocks daily ( around 5 to 10 different stocks ) and sell them fast for small profit .. the ones that miss the sell will usually hit a sell price between the next day to a week so far ..

These are the ones im bagging at the moment that missed the flip.. All but TSLA are div stocks and Divs are coming in or exdate close ..
I’ve done hundreds in the last month or so started doing $25 trades and now doing up to $250 trades ….Limit orders only 1 .. a couple bagged ones are full share buys and then can be sold in AH or PreM ,fractions aren’t allowed to be sold at those time only on the day market !


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You must be very good at this you've got lots of experience in the ins and outs and how to keep track of it all not to mention the tax parts if it and the DD yada yada - my hat is off to you for sure! I dabbled a few times and study study studied but i couldn't quite get a pattern going like you have. Maybe it's practice makes perfect but I also have PP that doesn't care for the long aspect and I'm not too interested in the fast and furious version so it's difficult - but yet I'm so intrigued

 

[Wifey]

I know i should have held my TSLA, AAPL and NVDA but pp likes to get in and out and move on down the line hahaha

 

[Wifey]

I mean look at just WMT on your sheet at 123 and i clearly recall when it was at 60ish and that's just ONE ticker

 

[Wifey]

I'll look at fractionals and maybe that won't scare me lol

 

[VIPR PWR]

Slow day and got myself bagged on MSFT and AMZN .. COULD HAVE FLIPPED BUT flipped both instead decided to push for more profit .. the risk is minimal and all are div stocks if they bag into exdate ! No biggy as they will hit above the buy price tomorrow or a few days Im guessing .. It’s not a get rich type of trading but extremely consistent day trading … I base it on the opening charts patterns of each stock to make the decision to jump on them ( usually on a open drop in price and the pattern through the day mostly goes back up … sometimes they will just flat line making profits less or possibly bagging for a day or so ..
for someone starting out I think it’s a great way to learn and gain confidence.. starting out doing something like $25 buys and flip on a few Pennie’s into green won’t break the bank of anyone .. Then when you get comfortable raise the buys to $50 and so on .. watch the chart patterns and see what the ones you choose do .. or just set a small amount higher on a limit order and go from there .. limit orders allow for you to take a shower or a good luck walk hahahaha !

As you can see I choose the large solid companies mostly and throw in some smaller solid companies like VZ , PM , KO with a couple full share buys and flip the same as the big companies stocks .. I already own all those in larger full core positions and don’t touch those as they are dividend income positions ..

As for WMT … being down and not excessively high on the price is a good core position right now IMO !

I decided to start doing the day trade fractional because I’m tired of the volatility and the high cost of a full share with the large company stocks ..

Aapl hit all time high again today , div is week but growth IMO is there going forward as with GOOGL , MSFT , AMZN ETC…
It’s been a long time since MSFT or CAT have done a split and consensus ( Blah Blah Blah ) puts both at the top possibilities of a split since the prices are way up ,especially CAT which has a huge quarterly div..



Even bagging or just buying and adding small dollar trades on CAT and others over time , put in the drip and cost averaging adds up . A split would be fantastic on both hahahaha !

 

[VIPR PWR]

You must be very good at this you've got lots of experience in the ins and outs and how to keep track of it all not to mention the tax parts if it and the DD yada yada - my hat is off to you for sure! I dabbled a few times and study study studied but i couldn't quite get a pattern going like you have. Maybe it's practice makes perfect but I also have PP that doesn't care for the long aspect and I'm not too interested in the fast and furious version so it's difficult - but yet I'm so intrigued

Been doing it a long time , self taught and the school of hard knocks … Maybe I should start a Hedge fund or become a Venture Capitalist hahahaha … Check out the ticker RVI , which is a private company venture investment through a recent IPO they did on it .. I bought a couple shares one for $25 and another the second day @$23 I think ,as a test !

 

[Wifey]

Seens you are good at helping others figure it out and you are very giving if your time and effort. It's helped me a lot over the last couple years! Not easy to get input out there and you have good planning and are cautious yet will take a risk or two. Well done - thanks for all that you share I hope others check in here and learn like i do