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  1. L

    what the f@!# is wrong with my trading?!

    Besides the emotional thing, I looked your spreadsheet quickly, and if I am not mistaken, you only played LONG side of the mkt? and last month was a strong downtrend before the turnaround, just do what you did for another month (keep playing the long side with your stops), see what happens...
  2. L

    the trend is up, market has bottomed.

    Lundy, Have to give my vote to you, as I read this thread and your journal. I too trade gaps (intraday, stocks) and like Fib# myself, however, I think your Fib# chart would be better replaced with this chart (a simple S/R) to explain why your bottom/bounce would occur here. also, when you...
  3. L

    any WCOM traders?

    Anybody home? :eek: LoneHand again...:)
  4. L

    any WCOM traders?

    Dumped 20k at .53 ave,(took 4c) still have 20k, also still have my 4k F from the open, with a trailing stop of 5c...hang in there and we'll see.
  5. L

    any WCOM traders?

    P2, I am in with ya, will add more in the morning when it pull back a little, (now is 8:20 am EST, 5/21), I am looking for .3-.4 with 40k, tight stop as usual. Also, will watch F (Ford) for a upgrade play today.
  6. L

    Anyone watching/trading DYN?

    Carlp You are looking for confirmation on your trade. I can come out and trying to be cute by saying, yeah, from Daily chart and intraday chart, it looks bottomed... either me or P2 will be right... That's not what I am gonna to say. Here is what my thoughts: Once you have a...
  7. L

    Uptik's chart challenge

    Dow 10yrs chart and it's gonna bounce a little and go down again.
  8. L

    My Investment Idea for 2002

    Tony, I am no expert with swing trade, however, my thought about IGEN at this level is, instead of betting it higher or lower, given the size of your account, why not build a position like you did with SEBL and wait for the market to play it out? Good Luck
  9. L

    My Investment Idea for 2002

    IGEN is not done yet, short it now and cover after the open at 44.5ish (around 9:40 EST) and go long, the chart should look like a check mark\/... Good Luck
  10. L

    Reading the Specialist.

    DeeMan, always like your posts. I just want to add a little more from my experience. Say stock going down for a while (From hours to couple of days), all of sudden, you see a block (100,000 shares or so depend on the volume of the stock) printed half point below the mkt, at this point, I am...
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    ENE-thoughts

    It didn't gapdown (Yes, I had plans for gapdown), yet it went down right off the open, I got out lost 300 bucks, and played again and got even, now at this point (10:59 EST), I am sitting on 20k shares at .28 waiting for a run... the reason I liked it is, the Spread/Price ratio is so good for...
  12. L

    ENE-thoughts

    I am holding 10k - .36 overnight now (just for fun) and if it gaps up, I will dump them right before the open. I missed intraday bounce though - was busy shorting ACAM... Good Luck
  13. L

    a plan

    1. Use IB to save commish and learn execution skills. 2. 100-200 shares to start and no more than 2 positions at same time, learn cutting losers. 3 Develop your own game.(What works for you and what's not) 3-6 month, if you can break even, come back to ask more.- Don't forget to thank...
  14. L

    ENE-thoughts

    Being a short term player, me and praetorian2(HK in the room) traded ENE, I got a small quick profit and will certainly watch it today, remember, before it goes chp. 11, once the shorts cover, that will trigger the upside, so I see 50% bounce is very doable in 2 days. Read the tape (L2+T&S) to...
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    Shorting on the NYSE

    Sorry to hear that, and you have every reason to complain. To me, it looks like he's on vacation and his assistant forgot to check the time stamp on your mkt order (2 min rule- he either fill you or reject you). Again, I am against mkt order and only use it when I am panicked, even in that...
  16. L

    Level II Info

    I am with Magna on this one. Here is a real world example: This morning (11/21) I shorted ADVP on a gapdown, why, cuz I saw the # INCA on bid and offer is off balance (#on offer was way more than # on bid), that's how you use L2 to decide your Entry/Direction... Even you swing trade, L2...
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    Partial Fills in ECNs

    Your best shot is INCA, I had something like this happened to me before: Sell 950 shares on INCA (bid 1000) and got 900 filled... the rest of my order is "live" even inca still have a 100 bid... don't know if the bidder has some kind of "setup" on his software or what...I use inca more now a...
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    Trading listed vs Nasdaq

    GATrader: Liked what you said except I don't believe the specialist was serious by telling you: "He said that there is a queue and they can only see the 1st 30 orders." What if I send 35 orders, all BELOW bid, is he going to fill me first even there is other better bid after my order...
  19. L

    Listed Stock Trading

    LelandC, Sorry I didn't follow this thread lately: Here is what I see: If you trade small size (500 - 1k), you may see trades get filled around you a lot, but if you trade some size (>2k), your chance to get filled on arca is better, again, it also depends on the price of the stock...
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    Call me Chicken!

    dufferdon, time to give listed stocks a shot.(I still trade 70% Nas myself) Good Luck
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