The Importance of Trading Capital
In February, Michael Goode made an excellent video blog post on the learning curve for trading. MarketMonk responded with an equally excellent comment, eluding to how many people quit trading because they finally realize how difficult it is to trade with a sub-$25K account. I want to expand on the importance of trading capital, and how a lack of capital can be a big hindrance to your progress. There are many ways that a lack of capital can make things more difficult: 1. The Pattern Day Trader Rule. If you have an account of less than $25K, then you are limited to ...Continue Reading...Anyone having problems with Sogotrade or SogoElite borrows the past few days?
In the mornings, SogoElite has been telling me that certain stocks were “Not in short list” when I tried to short even though it was according to the Genesis website. It seems like NOTHING has been available to borrow in the mornings over the past 3-4 days, even though Sogo is often the best for borrows. Today it’s telling me that ROHI and CHCI are available, but when I put in a limit order in SogoElite to test it out, I get the “Not in short list” message even though they’re there according to Genesis. Anyone else having this problem? ...Continue Reading...
Posting Frequency
I’m going to be cutting down my posting frequency to 1-2 times per week. I won’t be posting nightly watchlists anymore or daily profits. I’ll most likely be posting a weekly profit along with 1 good trade and 1 poor trade each week. You can still follow my daily trades on my Covestor accounts….my usernames are YngvaiMalmsteve and YngvaiMalmsteve2. ...Continue Reading...
Watchlist for April Fool’s (seriously)
Short: JADA SSY NANX FIGI CDIVBreakout: GSIGQ OSTK ...Continue Reading...
James Krieger is a part-time day and swing trader, trading stocks in the "gutter" of the stock market, which are primarily penny stocks, smallcap and microcap stocks, and "pump and dumps". However, James will occasionally trade larger companies. 
