Recent content by monkiefs

You would also not be able to step up the number of trades you made a month unless you put in over $25K, unless of course you hold over night.

How much money were you trying to deposit? I would think if you attempted to put in all of your $40k in, they might have rejected you based on that. Also, how did you describe the capital you were trying to fund your account with. Should be risk capital. Other than that I don't know whey...

I think another thing you need to look out for is the overall market condition. If you were buying breakouts back in April/May they would be more risky than buying breakouts in October of last year or June/July of this year. The market was on a 6 month bullmarket/sideways bull market...

who ever mentioned that he decided to stop trading is completely wrong. He still trades and last I heard he made over 100% return in 2004, and hit an all time equity high in early 2005. Seems like he still trading and making good money. If someone is new and just getting into trading, he is...

Although I have never traded dummies before I just wanted to point out a couple of possible dummy trades I came across today. Both trades were using 5 minute bars. The first was UNH going long when the 4th 5 min bar was broken to the upside at 56.10. The second trade was going short KBH when...

Brandon nice trade, thanks for posting your entry price. Just got to take a look at the 1 day chart, and 1 year chart, and aapl had a real nice set up going past 44.50 with not much risk. Posting trades like that can be really educational for everybody. Well done!!

How many trades did you make and what percentage of your loss did the commissions account for?

If you are just trying to make small increases thats your choice, but if that is going to be your strategy to make small increases, then I think it would be a good decision to not take large decreases. Again with TASR your stop was at a 244 dollar loss which is much larger than your profit...

An Observation. You say you are looking to make 100 dollars a trade with a stop loss at 4-5% below where you bought it. So with your TASR long of 500 shares at 11.15 you said your stop loss would have been 10.69 or a loss of 230 +14 in commissions. If that is correct then maybe you need to...