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What if your entry point is too far it? Then it is a bad trade and you skip it. Make sure you keep your risk/reward ratio in perspective. Don't have have a 2 point stop when you are aiming to get 1 point out of a move. where do you place then? Or you place it below the day's low. Or...

Yes, NVDA formed a triangle. Lower Highs and Higher Lows until it finally broke out upwards. If you jumped in at that time, You could made a point or two. NVDA is currently on of the only good day trading stocks like the good old days. The days where AMZN, YHOO and QCOM had 10 point...

If TraderRX rides all the stocks like he tells us, he'd be making 7 digits a year. Anybody can open their big mouth and say they bought the bottom and sold the top at the end of the trend everyday. I had a friend who wasn't trading that kept telling me she would've bought a stock here at a...

I may have to open a second account at Datek for shorts only. A while back, I wanted to short KKD. It was available at Datek but not at IB. Yesterday, I wanted to short MANU rallying into it's 20 EMA and resistance. It was not shortable at IB but it was at Datek. It seems the only thing...

That's hecka funny. It happened to me too. My money was stuck for a while until I called. I had to e-mail Lucy at Customer Support and write "Transfer, no year required" and I'm glad to say my funds were released. You must immediately e-mail IB when you do a transfer, else, it may take...

4400 shares * $43 = $189200 Looks like you have around 91k in your account. You are aleady using your full margin on this position. Your open position is 2 * your cash balance. JS

When someone answers the above question. Please answer this question too. Where can I find the Buying Power for my account in IB? Don't see it in the TWS or web Account Info. JS

Would it be correct to sell a stock you are holding if it hits your stop-loss afterhours? I thought the answer was no because the price could be manipulated by aggressive traders in the low volumne. Yesterday (07/18/01), I bought MERQ at 38.10 around 13:00 and put a stop loss at 37.50. A...

thetruth, Why don't you keep your accounting practices to yourself? You don't see other sites adding 'capital interest' into their total profits and calling it trading profits. Shortboy is a joke if the interest he made on his capital is greater than the money he made in the market...

Entries but no exits. I call MSFT a buy if it hits 100. MSFT touches 100, goes to 95 and then shoots up to 102 before dropping to 90. Now, I can brag how you could've made 2 points on my pick ignoring the fact that any real trader would've got stopped out. Now, if MSFT hits 100 and drops...

>Third, if he is such a great trader why doesn't he audit >his records and launch a hedge fund? Theoretically he >could make a *lot* more from 20% of returns than his >subscriptions. Wouldn't that be simpler for everyone? If >you don't want to work at creating your own trading style >but just...

I was thinking about building a new trading system. The Appian Video cards are very appealing with their quad monitor support. My questions is that you people who are using either the AppianX or the other 4-monitor card ever try playing games such as Quake? If I wanted great game playing...

I believe this rule was made to help daytraders by giving them 4:1 margin. But this hurts daytraders who are starting to learn by opening a small 2-5k account. I started daytrading with 3k to learn how to day trade. Because of this rule, new people will now need 25k+ to start learning which...

Where is the short list posted? I saw it one time long ago but I can't remember how to get to it. How come IB doesn't let you short KKD? Is it just IB or all brokerages?

Yes, I read in some article that Wade Cook's company lost hundreds of thousands of dollars trading stocks. But made millions on the books teaching people how to trade stocks. Isn't that ironic? :D By the way, his company's stock is now at 0.05 dollars or 5 cents...

I would like to know if anyone heard of or tried this system and if they liked it? I ran into this site while surfing. http://turtletrader.com/firststep.html "The story of how the Turtles (neophyte non-traders) were trained to trade is one of the greatest Wall Street experiments ever...

You can make money in any market. The problem is that different trading strategies work better for each type. I miss the good old internet days where stocks like AMZN or QCOM would have a 15+ point range per day.

>>"I risk a point and make 25 points." >>Are you saying that on AVERAGE you gain 25 points for >>every point you lose in your tarding??? It means he can be wrong many times and right once and come out ahead. If he has 9 losers and 1 winner, he will still make money. If you have a system...

I always read from people teaching courses that they want to teach others how to trade because they enjoy it so much. But it makes me wonder if they are any good, they would be making $1000 a day. I think they just feed back to customers what they can read in books. The only real way to learn...

Can anyone recommend a good firm in the Bay Area in California? Around San Jose.