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Freeandbrown 4 points ago +4 / -0

Do you know why this site got started? Why the parent dotwin was created? Once you realize that, I think more of everything else will make sense for you.

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Freeandbrown 1 point ago +1 / -0

Anyone figure out if shares held in a ROTH IRA (post tax) can be DRS'd?

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Freeandbrown 1 point ago +1 / -0

Crazy seeing it go from $220 --> $255 --> 218. Most important thing... still green.

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Freeandbrown 2 points ago +2 / -0

With TDA, you need at least $25k in your account to make this a non-issue. If you have less than that, the only real solution is to not use up all your capital in a single trade.

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Freeandbrown 1 point ago +1 / -0

Correct. The less liquid the stock, the bigger the spread/slip potential. The more liquid, the smaller it should be.

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Freeandbrown 1 point ago +1 / -0

Like the other guy posted - supposed you've determined a resistance line at ~$100. The previous resistance was at $80, the stock shot through and then it hit $100 and came back down. You sold at $98. $80 is the new support. And in your mind it should come back down to $80 (where you'll buy again), before it tries to run up and break through $100. BUT if it breaks through $100, you're pretty sure it'll go to $120 after that.

So, you put a buy stop limit. The basic method would be a buy stop - in that case, let's say you put that price as $101 since you've determined that if it gets to $101, it's a solid breakthrough and the uptrend will continue. The buy stop is such that when the price hits $101, your order becomes a market order.

Buy stop limit, is the same except you are putting a specific limit to the slip. Because if it was just a buy stop, your order might close at $103. With a buy stop limit you can say "when the price hits $101, put a limit buy for $102, because although I do believe it's going to run up, I don't want to waste my money on $103 slip."