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Thanks for taking the time to reply. I guess I should have asked my question in more detail. I'm long MO currently (bought it yesterday). It's up $0.40 and is hovering around that point. My question is considering the approaching earnings announcement is it a good idea to hold it until tomorrow...

Great posts. I've been reading these before trading a few days now. Just curious - what are your thoughts on MO?

I bought JAVA as a swing trade a couple of weeks ago right before it dropped along with the rest of the NASDAQ. Since then the market has recovered somewhat but JAVA has been staying low - $0.30-0.50 below my entry price. For me there is no particular hurry to sell it (although I intended to...

No, I am trading live already (started a few weeks ago). And doing OK actually. In large part thanks to a month of daily paper trading (mainly while waiting for my account to be set up and funded). Everything you have described above can be done without actually losing money (and a new person...

OK, sorry, I misunderstood which simulator you were talking about. My bad.

No it's not. This is from the IB website: "The TWS demo mirrors the actual TWS in both form and function except market data is simulated based on the previous week's ticks and orders are not actually executed and cleared." How can it be real time when "The IB TWS demo is available from...

I know, thanks. But I stumbled on this after the prices have gone up too high to risk going long and I wasn't sure if shorting these would be a good idea (besides sounds like it may not have been even possible to get shares to short). Since I have a limited number of day trades I try to use them...

I don't have enough money to day trade (otherwise I definitely would). I picked up a few grand worth of both GERN and STEM at the end of the day at the drop off. I hope the frenzy continues next week.

I woke up too late and read the news about stem cell research ban being lifted after both STEM and GERN went up significantly. Anybody got in on that? Long term? Short term? Day trade? How did you do? What are your thoughts on the prospects of the two?

The industry may be in trouble but DRYS closed almost $2 higher than opening. I was thinking about buying it in the morning but read too much about how it's collapsing due to reality checks and passed. Now I regret it somewhat. Although Monday it may gap down a few dollars so I'm not too upset.

I don't think IB is real time though. I believe it's a simulator, which can be used almost at any time (even after market is closed) and all it allows you to do is learn how to use different functions of the platform.

Lightspeed. I've been paper trading on their demo for over a month now. Learned quite a bit.

Oh, you're such a manly he-man. I wanna have your children.

If I place a trailing stop of $0.10 that means that if the stock goes to $5.50 and then $0.10 up it will take me out at $5.60. But if it goes to $5.50 then up a little (less than $0.10) and then down to say $5.45 if after that it goes up again it will take me out at $5.55, correct? (Sorry, I am...

So should I keep it (the short position) and wait then?

I'm new to this and mostly paper trading at the moment (or swing-trading relatively small amounts). So... I'm shorting BAC. It was going down just like I thought it would, especially after the lawsuit news. Almost hit my target (a $0.40 drop) but then all of a sudden it starts creeping up! I've...

I am curious how does this usually happen? Is there an anouncement from the broker? A warning saying the trading will be halted in 5 minutes? 1 minute? Or is there no anouncement. You just trying to place a trade and it doesn't happen? Thanks. That was pretty much the essence of my question...

Cheaper stocks require shorter movement to produce more profit (or loss). Most cheap stocks don't move as much as expensive stocks but C has almost as much movement as something costing $50, only each cent is 10 times the money. In other words you need shorter trends to make the same amount of...

What do you mean? They can just stop trading in a middle of the day? Is that even legal? Do the shares become worth $0 in an instant? How does this work? Not sure whether this applies to my situation - I use market orders, and even if I used limit, the sheer volume traded of C shares...

I'm new to trading and still learning. I was wondering if anybody was day trading Citi these past couple of days? How did you figure your entry/exit points? Or was it more of a gamble? I paper traded it (on a demo) and made out pretty good, but I feel like there was no real strategy. I think I...