Recent content by Loxley

I'm new, too. I'd like to second or third the suggestion that you use a simulator. Don't be in any hurry, and make all the stupid mistakes that you can whilst using the simulated dollars in your simulated account. You might look at e-mini futures. Their minimum "tick" size is like 10...

I'm an utter and complete newbie. "As green as a gourd" I think my papaw would have said. Anybody want to go to lunch with me? Loxley

Well, I sort of met my goals for the day. I executed 20 trades. I worked on entering STOP orders and LIMIT orders. I learned to watch my "quantity of contracts" field to make sure it was set to one. I learned to make sure the SELL option was selected when I pushed the button instead of the BUY...

In the book I just finished, "Dumb Money", about a guy who was in the right place at the right time and made a killing and then dabbled in daytrading, he had this to say... "I was raised on videogames. Asteroids, Pacman, Doom... daytrading was a lot like that, only more violent." :)...

http://www.ttrader.com/mycharts/display.php?p=10553&u=loxley&a=Loxley%5C%27s%20Charts&id=475 There aren't any timestamps I'm afraid, but all trades were after 11 AM and before Noon-thirty Eastern. Read this from bottom to top. Bought Sold Market Fill Price 1 NQM3 1068 (last trade...

No, I'm serious. :) I'm still learning the user interface. I literally need to understand what all these buttons do before I worry about doing something smart with them. Crawl-walk-run. I'll be learning tapereading or candlestick analysis or something to substitute The Force soon enough. I'll...

Well, I'm taking my first baby steps (or would that be more like crawling?) by actively trading in a simulated account. www.e-mini.com 's pfgBEST is the simulator I'm using... it's the front end that they use commercially, I think, just in demo mode. I've got 50 grand to play with... but...

What prevents someone from turning 2k or 5k into something much much larger? If you believe that starting with less than 50k is insane, that is. What makes it possible to start with a measly 2k dollars or 5k and turn it into more? Is it sheer luck, or are there methods that work at this...

I *want* to be a cockroach. I think that's gonna be my trading style. I've never made more than 500 bucks a week take home in my entire life. Long stretches of depression-inducing unemployment and underemployment post-Internet, post-crash, post-9/11... yeah, sign me up for my antennae and extra...

I don't mind waiting 3-5 years for success... as long as I can avoid devestating failure in the meantime. I'll look up E-minis and "Money Shows".

Hello, all. I am new to all of this. Before now, my only brush with daytrading was a guy I sat next to at a restraunt who I overheard discussing his networking woes back in 1997. "Oh, that sounds neat," I thought. "It's too bad that I'm just a poor college student, and am more interested in...