Recent content by Blue Star

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    Tough times for scalpers?

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    How do you use support and resistance?

    So what I'm reading from some of you is that you use S/R exclusively? From all the price action and charts I have viewed, it seems that a lot of 2-5 day breakouts are successful for short term profits. Am I just seeing what I want to see? It can't be that simple. But simplicity is good...
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    writing naked calls

    Everything I read states how risky this is (except in Elders new book). Seems like a good strategy in this bear market. They say how you are exposing yourself to unlimited loses but all you have to do if a postion goes against you is buy back the option. The only time you would ever have to...
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    trading movies

    Rounders was a great movie. My favorite 'stock trading parallel' scene was when the older guy in the robe at the gym said to Matt Damon. "I don't play cards for excitement. I play because I have to put food on the table and pay the bills."
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    Prop Firms in Financial District

    Showtime23, Another one is ETG. Go to their website at www.etgtrade.com
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    Biggest Joke On Wall St. Award:

    So Gordon Gecko was wrong. Greed is not such a good thing afterall.
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    the start of the new BULL ???

    Too funny. Congratulations on member status. I gotta get that book too. :D
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    the start of the new BULL ???

    I'm bullish, so definately continue shorting.
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    Biggest Joke On Wall St. Award:

    I bought Kens course several years ago also. He is a master at his craft.... Marketing and writing. As far as biggest blunders I have heard of, my friend works for TIAA Creft. One of there clients inhereted 20 million dollars and insisted on putting it all in Cisco. That was March of 2000.
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    Scalping Stocks For .10-.25 100-200 Times Daily

    Stockdance; Abort at once all plans for your million. I just found out today that the stock market is a hoax. The whole thing is a set up designed to keep trading firms that charge commissions in business. These so called trading firms are actually part of the the mafia. Documentation...
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    Scalping Stocks For .10-.25 100-200 Times Daily

    Stockdance; Seems to me your goal is similar to me wanting to become the next Tiger Woods. I'm all for goals and climbing above negativity, but why does it have to be a million in two months? How about $10,000 in a year? I hope your trading with money you can afford to lose. Otherwise...
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    Scalping Stocks For .10-.25 100-200 Times Daily

    Stockdance; Just think. If you turn $20,000 into $1,000,000 thats a 5000 % gain in just two months. And in a crap market no less. I'm sure you'll want to pyramid your earnings since God is with you. So if you take that million and make another 5000% in the next two months your up to 50...
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    Van Buren Securities

    Gene, Please forgive my naivete regarding decimal trading but doesn't it make it easier in some aspects. For example if you are wrong about the direction of a stock and you have to get out, you can get out with a much smaller loss now that we have such tiny spreads.
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    Good stocks

    Check out http://www.daytradingstocks.com/stocklist.html for a nice list of wide range, large volume stocks. Both Nasdaq and listed.
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