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I would think another method of capitalizing on the "big" move is to increase your size when that opportunity presents itself. If you normally trade 1K shares then increase to 4K when you have that confidence of the strong move coming up next. By trading small size keeps you in market...

In this market I trade only two or three big Nasdaq which have over 20 million daily volume, which is over 3 million shares per hour, assuming even trading throughout the day. This is more than enough to trade 3-5-7 thousand shares for 50-75 cents. They trade very smooth and slow like a...

I would guess they catch the tail end of some market orders. Someone sells at market for 1000 shares but that last 47 or 68 etc gets done at the .01. They just leave a line in the water at all times.

LOL, I am not ranting or raving. My opinion is that a trader should use any and all tools that are available to him. This market is extremely volatile and moves on news and/or rumors true or not. How many traders blew up the last year and a half by buying on the dips? "If you stand on...

I would think that people that trade without any input or information from the market (CNBC etc) are just asking to be killed at some point. The market trades off of emotion/crowd movement/etc. I want to know what people are saying and why they are saying it. It is not important whether it is...

My suggestion: Learn 2 or 3 stocks really well. Track them tick by tick. Find stocks under $25 with over 15M average daily volume. Start trading 100 shares and move up till you can trade 1000 shares looking for 3/8 to 1/2 point daily. Keep it simple. Big volume Naz stocks will follow the...

First, I would assume most people would agree that Poker is a game of skill, not luck. This is the reason it is legal to play in states that do not have gambling. Have you ever noticed that the same players end up in the high rounds of the poker championship in Vegas? This is not luck. They...

Anyone know how many public companies in Livermore's day? That would be interesting to know. It is silly to compare today to that time. Hell, the market had FIXED commissions till 1976! The Naz started in early 70's and now we have a direct access capabilities at HOME. If you approach...

DOW 30: Can one make a true comparison since the makeup of the Dow is changed from time to time. A more honest method would be to maintain the original companies and see where they are now. If a company went out of business so be it. There would be a "zero" in their slot, LOL. Has...

One Stock Trading: Dell has traded intraday over 18 points cumulative for the month of May. This means the "meat" of the move which would be able to be traded, not the daily high/low. Someone posed the question of what should you do if your stock is not moving and the market is "ripping"...

I think most traders have huge unrealistic expectations about trading because it is "theoretically" possible to make a zillion dollars. People are going into the market with $10,000 capital and talking about making only $1,000,000 a year, LOL. I believe that most traders blowup because of...

When a BD comes out with a "strong buy" rating on a stock all of the brokers pick up the phone and start "selling" that stock to their various clients, both retail and institutions. The analyst will accompany the brokers to call on big clients in an attempt to sell them the stock and win their...

If I take $100,000 and buy a Subway sandwich Shop I am making a very smart, long term investment for the future. I have to worry about the other tenants in my shopping center staying solvent, the area demographics not changing in a negative manner, additional competition coming in, employee...

Did I hear correctly that the Bear Stearns report on daytrading say there were 40,000!! active traders doing 25% of the Nasdaq and NYSE volume? This went by so fast I started laughing after I thought about it. Someone please confirm or correct me on this.

Anyone can be taught to make a foul shot fairly easy. I think trading is more akin to making the foul shot in OT with 30 thousand people screaming at you. It is the mental part of having actual hard earned money at risk. That is why paper trading has a limit as to its usefulness.

I thought your BD had to have actual possession of the stock and since it would not be cleared for three days you were unable to borrow unless from the original underwriter. I did not think margin rules had anything to do with it as you buy it long on margin. One of the NYSE specialist firms...