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    My Trading PC Specifications - Comments Requested

    I would also have to recommend the Intel PC. The Athlons might be like 2% faster and maybe 10% cheaper, but the Intels are WAY more reliable in my experience, and they also run alot cooler so require less fans. The P4 system I just built a few months ago is super quiet. I also agree with...
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    XP Pro' with IB ?

    I run IB and E-Signal, among other thing, on my dual monitor XP machine with no problems. The only problem I had was when I added the second Nvidia card, I had to download the very latest drivers or TWS wouldn't start.
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    Is the bottom in?

    You forgot "I don't know AND I don't care".
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    Interactive Brokers Canada

    Looks fine on my computer.
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    IB or Real Tick?

    Well, I used RealTick for 2 months then switched to IB and have been using it for 2 months, so I feel qualified to comment. When I was starting, I thought like you did, that RealTick sounded like the better broker. And if solid customer service is a necessity, then TerraNova MB is the way to...
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    Philosophy #1

    I read an interesting little tidbit of information once. If you predict that tomorrow's weather will be the same as today's weather, you will be right more than the average weatherman. Too bad trading isn't that easy.
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    Stiff Neck

    I also have the Herman Miller chair. Very comfy. Highly recommended. Also, my monitors are on a raised platform and the middle of the monitors is about even with my eyes. After a lot of messing around with different setups, I have found that this is the most comfortable for me.
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    Getting back to 25K in account

    I had a bad week last week due partially to overtrading, so this week I decided to do one and only one trade per day (or none if I didn't find a setup I liked). Starting with that assumption gave me quite a bit more clarity and made me look for an ideal setup. I didn't feel pressure to find...
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    Wireless Trading

    There are tons of links on the internet about the poor security of wireless. Here are a few to whet your appetite. http://slashdot.org/articles/01/04/27/1847237.shtml Love this next one. How to hack into a wireless network using a Pringles can...
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    Wireless Trading

    I personally would not do anything that I wanted to keep secure on a network that had wireless exposure. I happen to know that there are people that drive around downtown seattle with their laptops trying to get onto other people's wireless networks. With most of the current wireless stuff...
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    IB: Yes or No??

    Yuck! You just talked me out of ever trying IB.
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    Warren Buffet expects US to be nuked.

    He got so rich because he has unbelievable clarity of vision, an uncanny ability to insert himself into the right place at the right time, and an ability not only to admit when he is wrong, but admit it in his yearly letters to his stockholders. I would guess that he spoke up about the nuke...
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    trade mornings only?

    I haven't been doing this long enough to feel qualified to give advice, but here is something to think about. You may be trading too many shares. It looks like you are doing 1000 share trades. Maybe you should just do a couple hundred at a time until you have your strategy fine tuned. It...
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    trade mornings only?

    I am pretty new to this, but I have run across a few pieces of advice from others that sound like they fit my personality that might help you also. - If the ideal way to trade is to cut losses and let winners run, why wouldn't you extend that to the day timeframe by cutting losing days short...
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    Looking for better trading tools!

    I'll second the Quicken Quotes Live recommendation. I have been using it for a month or so and I really like it. I am very new to trading so take this with a grain of salt. It can do a lot of what you are looking for (not the scanning unfortunately). There isn't technically a free trial...
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    Multi Monitors

    The guys over at the AVS forum have a messageboard just for making home theater PCs. They are extremely picky about how much noise they want their PCs to make, so there are alot of good ideas on here to make your PC quieter if you want to dig around. http://www.avsforum.com/avs-vb/...
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    Learning to trade by scalping?

    Yes this is it exactly. From my reading, I would agree with you that most people start at the longer time frame and then work their way down to shorter time frames. This seems counter-intuitive to me as it seems there are many more skills involved the longer you stretch out the time frame...
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    Learning to trade by scalping?

    It sounds like scalping position trader is more of what I want to start with, not plain scalping. The terminology here is a bit fuzzy. Maybe it is just me. :)
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    Learning to trade by scalping?

    Thanks again for all of the advice. I appreciate all of it. This is actually exactly what I am going for. I don't plan on making a profit for a while. My goals in the first 6 months or so revolve around learning and capital preservation, not making money. I figure I will end up holding...
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    Learning to trade by scalping?

    Thanks for the replies. I have a longer term view of what I mean by scalping. Threei defined scalping as not letting a position move against you. I think he said he made less than 10 trades per day. I was thinking of trying a system like he uses to determine setups that would allow the...
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