Recent content by gbond52

http://www.gamblersanonymous.org/ love it...... lol

Anyone has any experience with IB Lite. I can not get to WS from my office and IB Lite supposedly is the solution for trading from behind the fire wall. GBond

Perhaps........ but then everyone in the market would be a day trader and nothing else. Don't get me wrong I'm glad that DT it is working for you. But in my experience everyone that I new who got involved with day trading never made any money that is worth to spick of or worth. On the other...

I guess that's the same thing that brings gambler addicts to the table again and again against all the reasons - the excitement of being there. Doing the right thing become far distant second to the rush of adrenalin. In my case I saw it all - chasing the stock, averaging down, not cutting...

Golf I absolutely agree with you - trading can become an addiction and if not controlled in time will ruin your life. I and my ex-w traded from 1998 made great deal of money about 300G in the internet boom then lost it down to 50K because of greed. Quit for 2 year then developed system quite...

Sorry to intrude into a daytrade heaven but I've noticed that one of the posters mentioned that he/she made more money swing/position trading. Why in the world you'd switched then to the day trading?:confused:

I'm thinking of switching to IB. But I can not get an access to TWS from my office and planning to use IB WEB Trader. Have any one had any experience with this part of IB or as they call it IB light? THanks

My rule is to risk not more then 0.5% of my equity. On 100K this is $500. Then determine where your stop loss would be. Is it 3, 5, 7 or whatever % loss you are willing to take on the position as long as it is within $500. Then do the back calc to determine position size. Accordigly if you are...

Uneducated? I think if one don't have a basic math skills and even more important common cense you should not be allowed to buy a house. There should be a test if you can comprehend that if your salary 2000 per month you can not afford monthly payments of 2500.