Recent content by DJC

For what I do and how I trade, RJT.com is a much better broker than Datek. $5.00 trades and , I think, better execution. Never have a problem with them blowing stops and usually get good fills. In case anyone cares. And i agree that this is a great place for a discussion of personal business...

Sam, Thanks for the clarification. I thought you were going soft on me! DJC

Sam Contari, I don't understand your last post. You repeatedly asked Steve Woods to verify his claims of trading success with broker records and were very sceptical of his claims. He responded to you by saying that he "hadn't had time to get around to it". After this answer you seem to be...

No athlete gets into "the zone" without an incredible amount of preparation, both physically and mentally. This level of preparedness can only be accomplished by a select few who are both genetically gifted and motivated. Getting to this point is purely a byproduct of this predisposition and...

My 2 cents worth-- I'm putting in a vote for Van Tharp and his ideas, and it doesn't really matter to me if he trades or not, nor does it matter to me if teachers can trade, or vice versa. As I watch the market every day my subconscious constantly goes back to his ideas. Technical analysis...

Is there really such a thing as a "winning or losing streak"? Aren't streaks simply the end result of a series of random outcomes? I don't think it is appropriate to speak of a "streak" of luck. The essence of what you suggest is simply risk more capital when you have more capital to risk...

I know this is primarily a short term tech community but I was wondering if anyone here could tell me where I could find historical charts for a companies or an industries P/E ratio? If anyone can help me I thank you in advance for saving me hours of hunting it down on the web. Thanks, DJC

quiktrade, Great post, great to know someone is out there that would put that much time and effort into guiding another trader. DJC

It seems to me that the two major methods for short term trading are either techical (chart) trading or event,news type trading. I have tried both day trading and swing trading using techical chart analysis. If you use the same entry and exit points based on chart setups then day trading is...

Zarrar The reason stochastics are important is that suppose a stock is falling, it stops, bounces a half point and continues to decline another three points before going up significantly or rallying. Without looking at the stochastic, the first stop in the decline would look like a point to...

Stochastics is nothing more than a trailing indicator which tells you if whatever it is you are watching is at the low end or the high end of its trading range (based on the timeframe you have choosen). If stochastics starts to move up from an oversold position that means the stock is moving...

If there were truly a SYSTEM which produced CONSISTANT returns of 50% or more (or any % much above the S&P 500 ROR) does anyone think that it wouldn't be known by everyone by now, not a few with a "secret" system. If there were a system which could be AUTOMATED and produce these kinds of...

I'm using Rapid Jet Plus. I don't know if there is a difference in how they route orders, but I would think that there is not. Also if you use Medved quote tracker you can interface with RJT and trade directly from Medved's quote page. DJC

I found RJT to have VERY reliable stops. I quite using Datek because of problems with stops. RJT trades are only $5. I have been using Tradescape but they don't let you place stop orders. Have been using Tradescape because they are cheaper for small orders, plus they give me level two screen...