Recent content by chumptrader

I happen to know a few retailers that make good money scalping, and they happen to pay a lower commission than me. Near zero commissions? My firm still has to make a living too.

I try not to change the way I trade on an intraday basis. In the past if I found myself down I would try and make it all back on one trade, usually resulting in a bigger down day. So these days I stay patient, knowing that the trades will eventually be there. I do quick scalps and try and eat...

I trade for a fund up in north Austin. I trade AMEX because I got tired of all the open book and ecn noise on some of the New Yorks. Amex stocks tend to trend a little better although specialists are specialists if you know what I mean.