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Yes, it was a great area to short because you weren't chasing it. 99% of the time my Stop is 1-2 cents above/below the previous 2 min bar. These metal stocks do not consolidate much, they are either going up or down, unlike other stocks which trade in congestion. I normally risk $110...

I normally don't respond to people who have registered today, but I will for others to hopefully learn. I actually went Long @ 14:04 81.17 with a Stop at 81.08 which was one penny off the Low of 14:02. PD had just broken the 20 EMA to the UPside after breaking Down the 20 EMA at 12:36...

This will most likely be my last response to all you Pikers. I have better things to do. My father gave me NOTHING, not me nor my 9 brothers and sisters. The only thing I inherited was his real estate skills. I learned this thru watching, he never taught any of us anything directly. I...

Are there any real traders left on Elite (please chage name to NewbieTrader.com). So I guess me and thousands of other traders should all throw away our extra monitors. How much can I get for (6) Samsung 191T Digital monitors on EBAY, LOL.

Where did I say I traded in 1973? Why do you continue to lie and make stuff up? I said "I've been thru these Bear markets." I was 14 then and watched my father lose a ton of money in stocks and he almost lost his Homebuilding business. Fortunately the banks couldn't foreclose on him...

Yes Brokerboy, I did make my money in real estate and still do along with trading. I have traded since the late 70's when I worked in the pits at the CME and the CBOT. I have never really worked Full time trading, even now. I take too many days off and even during the day I can't seem to...

I concentrate on Bigger share size and less price movement to make the same money. I would rather trade 1,000 shares for 15-20 cents than 100 shares for a $1.50. Get my point? I only trade Gold right now.

Tells me you can't read Idiot. Where did I say I concentrate any of my efforts on Entries? I spend most of my time concentrating on the best exits, it seems to be a never ending battle. I'm sure you have it perfected so could you please help all of us Pikers? :D

Maybe Monday I will start posting my P&L. I just hate reading all the losers who trade 100,000 shares everyday and make Fifty bucks.

I just heard an amazing stat on some talk show. The Dow stock that performs Worst this year performs the Best the following year in over 40% of the last 30 years. I believe GM was down 50% last year and UP 50% this year. 3 years ago a buddy of mine and I shorted GM at $52 and covered at...

If you check out these stocks maybe you will need a wheel barrow.:p

Never had a $40,000 day, that would be sweet. Most ever was $26,000. I don't trade aggressively anymore. I am content with $1,200+ per day. I have other investments, my home is paid for, I have way too many toys, etc... My lowest year since 1998 has been $338,000, ths puts me in the...

I still don't understand how someone can trade with only one monitor. Don't you feel with multiple monitors you would make more money, I know I do. I like to have one stock chart per monitor, that's it. I have one monitor for Execution, watching P&L, Level II order entry, etc...

WTF are you talking about? I've been trading since the late 70's. I've been thru the ups and downs. What does my trading losses/profits have to do with my kids? I could give a F what newbies on the internet think, I'll never meet you. Enjoy making a $100 a day on 10,000 shares, LOL.:p

I'm 47 and my wife went back to work after our youngest son started school. She lasted 10 weeks at home, we had the cleanest house in the world. I was trading during the day and she had nothing to do whatsoever. It is almost impossible to stay home when you are young (less than 65). Most...

Stick to High volume, more trend friendly stocks on NYSE. I would stay away from NASDAQ. Try MER, XOM, CTX, GLD, PD, FCX, NEM, GG, UNH, AET, etc.. Look at different sectors and see what stocks have the best volume.

Praise from THIS message board Blunt. I've seen your comments over the years, I've been here a lot longer than you. To get praise from this board would be a Miracle.:D If you want a friend get a dog.:p

I blew out my account many times over the last 25 years, especially when I was a newbie. Money management and sticking to a Trading plan is CRITICAL. If you don't have a plan, in writing forget it. I can tell you 100% of the time where I Enter a trade, exiting is more of an Art. I'm...

I lose money trading GOOG almost everytime. I gave up. If you can make money on GOOG then God bless you. I will no longer give GOOG my money.:mad:

I'm NOT a role model to them at all. They think Stock trading is sooooooooooooo easy. They think everyones dad makes over 1k a day. My kids have no clue about the real world, spoiled rotten but straight A students and involved in a lot of sports, etc... I tried to explain to them that...