Category Archive: Q&A

Oct 26

The new uptick rule (also known as the short sale restriction or SSR)

After the SEC reinstated a new version of the uptick rule following the 2008 financial crisis, there has been very little information available online. If you search for “uptick rule” most of the info you will find is on the old uptick rule. The current version isn’t really an uptick rule at all, but rather …

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May 17

My thoughts on various brokers

See the video for my thoughts on the various brokers I use. See also my first impressions of Speedtrader and my review of SogoElite. [Edit 6/21/2011 — Subsequent to me posting this video Sogotrade has changed hands (Genesis Securities sold it to Wang) and the borrows for shorts are not good there anymore. I recommend …

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Apr 25

Q&A: When to use market orders (never)

Q: I have trouble getting fills on fast-moving stocks. Should I use market orders? A: No. See the video for details. Disclosure: No positions in any other mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Apr 25

Q&A: When to use market orders (never)

Q: I have trouble getting fills on fast-moving stocks. Should I use market orders? A: No. See the video for details. Disclosure: No positions in any other mentioned. This blog has a terms of use that is incorporated by reference into this post; you can find all my disclaimers and disclosures there as well.

Apr 02

Help a reader: Best sources for stock news

It is time for you the blog reader to do some work! I received the following question from a reader and it is a question that you, my readers could probably answer better than I. I like to read the news (ie earnings, annual reports) releases during the day as news is released, but also …

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Mar 12

Q&A: Saturday morning mailbag

Questions I answer: 1. Why did you choose SogoElite rather than Sogotrade? (I don’t actually answer this; rather, I berate the questioner for not looking up the obvious differences between the two. Actually, there is one important difference that is not obvious: SogoElite allows for shorting stocks under $3, while SogoTrade does not.) 2. What …

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Mar 06

Q&A: Trading OTC stocks premarket, screening for stocks intraday, & huge runners

Video #1: 1. How can one get a fill on an stock in the pre-market, particularly with Interactive Brokers? 2. What do you think of Equityfeed (versus other methods of screening for stocks intraday such as the HOD list or IB’s market screener)? Video #2: 1. What do you think about stocks that run huge …

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Feb 27

Q&A: What is an over-extended stock and what do the new SEC short selling rules mean for traders?

Two questions this week: 1. What do you mean when you say a stock is over-extended? 2. What do the new SEC short selling rules mean for traders, particularly short-biased penny-stock traders? I give my opinion of what it means to me. Check out this WSJ blog post explaining the rule and this more-detailed Bloomberg …

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Feb 20

Saturday Q&A: How to find pump & dumps and how long does it take to learn to trade

1. Do you pay attention to the overall market and does that affect the stocks you trade? 2. How does the amount of shares a stock pumper is compensated relate to and affect the volume in a pumped stock? Video #2: 1. How do you find pumped stocks and stock promoters? 2. What is the …

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Feb 15

If I’m Tim Sykes’ best student, why is my profit margin so much worse than his?

A reader asked me this question in an email. I suggest checking out Tim Sykes’ trades, the CXO Advisory Group’s post on Tim Sykes and my trading profit page to see details of what I discuss in the video. For comparison to the returns discussed in the video, at this point my weighted average profit …

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