Just started trading after some simulated trading. Use 26k to follow pattern-day trading rules. Will start after funds are transferred into the account.
I will trade a few big name stocks: apple, google, cisco, microsoft. My strategy is to buy low and sell high.
My goal is to make 200 dollars a day, on average.
Because my broker is new, I am still familiarizing myself with the trading platform.
After much mental preparation, I sent a market order to short a stock, but my broker sent a message on the monitor screen: Shares are not available for shorting. So I had to give up the attempt.
I was really angry, because that would have been a very profitable trade if my broker had had enough shares available for shorting.
Bought some Facebook shares today. Went red afterwards. Will hold for a while. The CEO is in the news today, promising to take care of investors. I hope my shares are taken care of.
My plan is simple (Keep it simple, I read somewhere in some books): Sell when I am in the profit. So I am going to be patient and wait (Waiting makes money, I read somewhere, not sure in a book or on a website).