does anyone know proprietary trading firm..Millenium brokerage...I would really appreciate any info on this firm as far as management ....and style of trading.... is it a good place for someone with trading experience
thanks guys, its been very helpful to read all of the suggestion made here. I did cut my size (trading 100 shares only, going for the opportunities with risk/reward of 1:3) and its been working for me.
THank you!
I read charts...trying to find a momentum plays....example: if a stock goes from $22.50 to $23.10 and does it from 9:45 to 10:00(15 min)...and then goes lower from$23.10 to $23 from 10:00 to 10:45(45min) ..it means that buyers are in control (just my opinion) ...at this point I am looking to buy
sort EXPE @70.49(9:46)-----covered @69.82(10:02)(500shares)
long EBAY @102.23(9:47)----covered @101.80(10:00)(800shares)
long WMT @55.29(9:36)----covered @55.17(10:03)(800shares)
short EXPE @70.34(11:28)---covered @70.79(11:47)(500shares)
long MER @51.45(9:36)-----covered...
Fast Trader, do you think stock selection is more important then risk management (size of the position, time of the day to initiate position...holding time).....I will post time very shortly
Thanx
here are the trades I took today:
sort EXPE @70.49-----covered @69.82(500shares)
long EBAY @102.23----covered @101.80(800shares)
long WMT @55.29----covered @55.17(800shares)
short EXPE @70.34---covered @70.79(500shares)
long MER @51.45-----covered @51.12(1000shares)
short MER...
Hi everyone, I am a new member on this site...and i find it to be very helpful.....
I've been daytrading for a few months now...and I find it very difficult to keep my losing days small compare to my winning days...I think I am having problem knowing when to stop and when to push more....at...