...Learning that money management is what makes or breaks you as a trader.
...That with good mm, my system only needs to be right 35% of the time to make a good living.
...Not to be a pig and ring the register a little more often instead of waiting for the "big" move.
...Keeping my...
Level II to me is useless anymore. MM's sit on both bid and ask which is difficult to interpret their true intentions. About the only useful part is Time/Sales screen w/level II where I watch both for increase in speed of selling or buying along with a big increase in volume. Level II gives...
Yes, you can make money scalping the ES but why? I scalp and daytrade the s&p, dow and russell with good success but it took 4 years of losing to get over the hump. Try the dow or russell emini.... or how about currencies to start? There are easier markets to trade out there if you do your...
I find the shorter the time frame you trade the more likely you will need more real estate to scan for stocks that meet your criteria. I trade futures and need only two. Longer term traders that swing or core trade for days, weeks or months could probably get by with one. The more screens...
I trade full-time and love it more than anything. Maybe I'm being redundant here but trading is simply buying and selling merchandise. Doesn't matter what instrument you trade, in the end, it's all the same. From one person or company to another. Just supply and demand like running a store...
Traderbrad,
I see you are getting a warm and inviting welcome to ET. You might be feeling a little beat up or something a kin to doing your first open water dive in shark infested waters, with no cage.
I wanted to leave you with a loving quote I picked out just for you sweety...
"He...
Agree about Costco calling cards... are a great value at 3cents/minute. For home though, if you dont like having to use calling cards everytime you make a call. I found GTC Telecom that charges i think $.04/minute with no minimums and no service fees except normal fed. charges. I have been...