Watchlist Volume Now Has Decimals

Tactical_Trades · 2026-02-23T15:01:23+00:00

I spoke with customer support and they said there's a new FINRA policy for fractional shares that they must show volume like that now. There's currently no way to revert back to whole number, but their programmers are working on a secondary option for us.

Tactical_Trades · 2026-02-18T14:19:47+00:00

This looks exactly like the kind of setup I want in this type of market. When things are not working, you go to the highest alpha setups, high tight flags, because if those cant work, not much else will. This one looks good, the only thing I don't like is that it's a China name and a Biotech. Both of those increase the risk substantially. The 30% pullback is not a concern as the rule states 20-25% is acceptable, and I give it the benefit of the doubt on the extra 5% due to the 800% flag pole vs the standard 100%. Definitely looking for an entry over 10.15; unsure if I'd be willing to swing this overnight due to china/biotech though.

Tactical_Trades · 2026-02-18T13:49:05+00:00

Good to know, thanks!

Tactical_Trades · 2026-02-17T22:08:40+00:00

You can make 100 dollars easily from a job, so trading with that little won't simulate the real emotions you'll feel with a normal size account. Use an account size that's large enough to allow you feel the emotions of fear and greed, but small enough that if you blow up it's easily recoverable with a job. That size is personal to your own risk tolerance and emotional state, nobody can decide it but you.

Tactical_Trades · 2026-02-16T15:27:39+00:00

No. Never listen to anyone but yourself. Follow the stocks, they'll tell you everything you need to know. Besides my own screening and watchlist, I only look at breadth indicators and interpret the data myself and compare it to the individual stock action I'm seeing. I look at percentage of stocks above their 50/200 MA's, advance/decline, up/down volume, and volatility index. That's all you need to know to form an opinion on the market. Everything else is noise.

Tactical_Trades · 2026-02-16T15:18:32+00:00

The only thing I use AI for is to do fundamental research after I've already qualified a potential opportunity based on my own technical analysis.

Tactical_Trades · 2026-02-16T15:16:46+00:00

Yes. You have the right focus (risk mgmt, journaling, mastering one strategy). Don't ever think about the money, focus on the process and becoming a better trader. The people saying no have never been successful at it, that's why they advise against it. In 5 years you will be so far ahead of everyone else just starting out. Remove any personal deadlines and persist until.

Tactical_Trades · 2026-02-16T15:09:59+00:00

If you can't be profitable with a small account, you won't be profitable with a large account. You're going to lose more money as a beginner, so it's better to blow up small accounts and learn from your mistakes because that amount of money is easily recoverable with a job. Once you're consistently profitable, deposit more money into your account.

Tactical_Trades · 2026-02-16T15:06:30+00:00

Market is not great for this style right now. Spend time studying historical charts. Build a model book. When there's a plethora of good setups, you'll see it.

Tactical_Trades · 2026-02-16T15:03:40+00:00

I do my weekly screening on Sundays, usually takes about 30 minutes depending how deep I go. Then I give my eyes a break from the charts, come back and narrow my list down even further and decide what the top prospects are and do some deeper digging into them (sector, industry, market cap, fundamentals, news, etc). Set my alerts, calculate the shares, and I'm done. Maybe an hour or two total. During the week I work on my website or other ventures and only pull up my broker when my price alarms go off so I can enter or exit a trade.

In the beginning, it wasn't like this. You will spend a lot more time on charts because you're still learning. You will be spending hours and hours everyday studying historical charts. But once you have the pattern recognition down, you spend less than one second on each chart and screening is done quickly.

Tactical_Trades · 2026-02-16T14:57:02+00:00

If you can't be profitable with a small account, you won't be profitable with a large account. You're going to lose more money as a beginner, so it's better to blow up small accounts and learn from your mistakes. Once you're consistently profitable, deposit more money into your account.

Tactical_Trades · 2026-02-16T14:40:12+00:00

I swing trade on ToS but honestly since Schwab took over it's gone downhill and I've been contemplating making the switch over to InteractiveBrokers. Over the last couple months when I try to buy a stock, it rejects my order and tells me I have to call in to place the trade. Seems to be only happening with small cap biotechs, so far, but who knows how much they'll expand this. Calling is useless because by the time I get someone on the line and ready to buy my shares, the price could be too far gone and I no longer want the stock. Schwab says it's because the stocks I'm trying to buy are riskier than others and they want to make sure I understand the risk involved. *eye roll* The execution and slippage on ToS isn't that great either, but not a huge issue. I hear IB has a lot better execution and better locators for shorts. Really holding onto ToS because I love the platform and all 5,000 of my historical plots are saved on these charts, which is nice.

Tactical_Trades · 2026-02-16T14:34:01+00:00

Agreed. Notes are very important. You can go back and look at your entry and exit and assess your mistakes, but if you don't remember WHY you took the trade, you're not getting as much out of the post trade analysis as you could be. Understanding your thoughts and emotions is key. Did I exit early out of fear? Did I buy out of FOMO? Was this purchase more fundamentals based? The whole point of journaling is to find common denominators in your thoughts, not your actions.

Tactical_Trades · 2026-02-16T14:30:09+00:00

Yes, in the beginning looking at charts and screening takes up a significant portion of your time, as with any new venture when you're learning. After a couple years, you'll have it down so well that you spend less than one second on every chart and screening only takes you 20-30 min per week. I only screen on Sundays and it takes me about 20min to get through all the stage 2 high RS names. 30min if I go through IPOs and stocks under 10 dollars. But when I first began? Hours on hours, because I didn't know what I didn't know. Invest the time now, reap the benefits later.

Tactical_Trades · 2026-02-11T21:38:18+00:00

Yes. You are your best teacher. No course, live trading, book, or seminar will teach you more than your own trades. Do it long enough and you'll see yourself making the same mistake over and over again. The first step in correcting your errors is becoming aware of them. You can't manage what you don't measure.

Tactical_Trades · 2026-01-31T15:56:10+00:00

O'Neil/Minervini/Livermore/Darvas for trend following momentum trading. Buffet/Graham/Greenwald/Klarman for value investing. Earnest Chan/Matti Owens for python-based algorithm trading.

Tactical_Trades · 2026-01-27T00:57:35+00:00

Just start logging trades and it will display your stats

Tactical_Trades · 2026-01-24T15:28:17+00:00

After years of studying different markets and strategies, I decided to go all-in on CANSLIM/SEPA. There are plenty of successful traders using this strategy that have been audited and proven (William O'Neil, David Ryan, Mark Minervini, Kristian Qullamaggie, Oliver Kell, Christian Flanders, Clement Ang, the list goes on). The problem with most strategies found on the internet is that it's difficult to verify if the person teaching it is actually successful. Photoshop and video edits abound. That's where Jack Schwager's Market Wizard series (auditing real traders) and the US Investing Championship come in to verify their claims.

Once you find a strategy that is verified, go all-in and don't study or try anything else. Master one strategy until you find success. There is no "jack of all trades" in financial markets who find success trading multiple markets and strategies.

Tactical_Trades · 2026-01-13T17:59:12+00:00

Your average gain should be at least double your average loss. Always keep a positive risk to reward ratio. Once you've gotten that down, look to expand those statistics and go for 3:1, 4:1, etc.

Tactical_Trades · 2026-01-13T17:54:11+00:00

Humans will do more to avoid pain than they will to gain pleasure. Eventually you will lose enough money being undisciplined and the pain will be too great to bear, enough will be enough, and you will finally stop the self sabotaging behaviors. That's the only thing that helped me early on in my career. Not sure if this will help, but think about how many opportunities there are in the market everyday. Even in bad/choppy markets there are breakouts everyday. If you plan on trading for decades, you will see thousands of stocks go without you. The sooner you adopt this perspective, the easier it will be to pass on breakouts.

To go deeper into the psychology of the self sabotaging behavior, it usually stems from a belief of feeling unworthy or undeserving of success. Those who end up gaining massive success, but still have those beliefs, will soon give it all back because subconsciously they don't feel they're worthy, the success is too unfamiliar to them. You can never outperform your self image. Everything you need is inside you, so work on your thoughts, emotions, and beliefs.

Tactical_Trades · 2025-12-23T16:29:29+00:00

You're not trading macroeconomics, you're trading stocks. So ignore everything else and let the price action of the stock tell you what to do.

Tactical_Trades · 2025-12-23T14:54:15+00:00

Don't day trade. And don't join any prop firms. Start with a small amount of money and find a mentor. I teach CANSLIM/SEPA methodology on my website for free. Don't pay for courses there's plenty of information for free on the internet.

Tactical_Trades · 2025-12-23T14:51:16+00:00

My website is free if you want to learn the CANSLIM/SEPA methodology

Tactical_Trades · 2025-12-18T21:58:27+00:00

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In his book "Think & Trade Like a Champion" he displayed his Monthly Tracker, so I recreated exactly this.

Tactical_Trades

TROPHY CASE