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Here's a little trick with Realtick that allows you to short without the uptick (in extended hours or regular trading hours): Using ISLD or SNET (none of the other routes seem to work with this trick)send in your sell order at least 1/16 or more BELOW the bid you want to get. For instance...

The fact that the trauma stemmed from your computer going down means that you probably need to feel confident in the stability of your system, internet connection, etc. in order to be comfortable pulling the trigger. Whichever broker you use, you should be able to call them on the phone and...

I was looking through his site again, and should mention that while he mentioned those stocks with buy points the other day, he also mentioned that he wasn't necessarily getting into those trades himself. I also looked at his current model portfolio and see that he currently has no positions...

I think that his success was a combination of discipline, technical analysis and most importantly the period of market history that he chose to enter in, and a willingness to assume a greater than normal amount of risk. His huge profits came during the most irrational period in market history...

Here are Mr. Zanger's "golden rules for trading" as copied exactly from his newsletter: <b> 1. A stock must have a proper base of 6 weeks or more before you buy, unless you feel you are a qualified active day trader. 2. Buy the stock as it leaves its base and makes a new high. 3. Be...

These are the stocks and buy points he recommended for today--I guess we'll see by the end of the day where they end up: CMVT at $106, CIEN at $85, ELNT at $34, GLW at $57, ISTI at $39, INRS at $51, ITWO at $52, IWOV at $32, MERQ at $95, MUSE at $59, NETE at $52, NEWP at $93, NUAN at $42...

For a goof I signed up for their free trial registration and read the newsletter. Yesterday he recommended shorting QLGC @ 76, IDPH @ 188, RMBS @ 36 and SANM @ 75. All would have provided good profits had you taken them, although in reality you could have thrown a dart at any NASDAQ stock...

The bottom line--technical analysis works. If you use it properly and maintain your position management, you'll be successful.

There is a very cool site at http://www.traderbot.com, where you can create customized real time screens. There is a free 1 week trial period you can check out, or it's $39.95 per month for the full registration. It's also free if you only need end of day scans. Also, if you use...

BigEd, With regard to your question about option assignments, I have a bit of experience with those through IB. As IB mentions in their documents, any options 3/4 point or more in the money at expiration are automatically assigned. There are no commission charges incurred in assignments. For...

Lancer, Here is the order entry setup I've used (note that it's really only feasible if you're using a dual monitor setup): I have two market maker windows open, both with OES enabled and linked together so both windows show the same stock. One of the OES I set to ISLD and the other to...

Ahh, where to keep the stops once you're in the money, that's often the magic question. At least you're sticking to your stop loss if the trade goes against you. I personally plan my potential trades the night before, and set a target price for each trade where I'll take my profits if the...

I have to disagree with andrasnm regarding the covered calls. If you have the right options broker (i.e. Interactive Brokers), you can sell the stock out of a covered situation, leaving you with a naked call in the account. As far as CC's being dangerous, a friend of mine is an investor/trader...

Or if you use a broker that offers options, you can simply buy puts on the stock you'd like to short (assuming the stock you're watching has options available). There's no uptick rule to worry about there. Also, if you're using Realtick, there is actually a loophole in the software that...

Eddie, Interactive brokers is actually best for traders who don't trade very frequently, or don't need all the execution tools that other direct access brokers provide. I use them for all my options and mid to long term stock positions. With their commission structure being the lowest in...

rtstine is right on. Interactive brokers only requires $3500 to open a margin enabled stock and options account, and they allow every single conceivable option play, including naked calls and puts, covered calls and puts, straddles, strangles, butterflies, ad infinitum. And at $1.95 per...

rtstine, I can answer your questions regarding assignment. Assigments are fully automated by the OCC (Options Clearing Corp.) and take place after the close of trading (4 pm) on the third Friday of each month. There is no notice or communication that takes place or is necessary, other than...

Michaelday, You can use Level II and T&S to watch the speed and momentum of trades as the stock approaches one of its breakpoints. Usually, if the stock is going to break through its breakpoint, the volume in the stock will increase as it approaches and/or breaks through. If volume and the...

michaelday, The stocks I normally trade are: SDLI, JNPR, BRCM, BRCD, EMLX, and CHKP. Out of those, my three biggest bread and butter stocks have been JNPR, BRCM and EMLX. As far as calculating the BP's myself, I wish I could say it was more scientific, but basically I look at the daily high...

Sterling, Yes, I was doing quite well using TP, and I'd still recommend it to anyone looking for a good analytical tool. I simply began calculating my own daily key support/resistance levels and discovered that on my own I was coming up with basically the same BP1 and BP2 as TP was. So I...