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    Breakout Confirmation

    How it is noticed for me is one of two ways in progression. Simple chart review and then watching the TS as the base forms near that resistance level. My application is a function of aggression and my bias for the trade. Simplistically...if stock is in uptrend and volume "at highs"...
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    Breakout Confirmation

    Certainly not the only way but there is two instances that I use for myself called "volume at resistance" and "volume into resistance". Most false breakouts tend to occur when the buy side volume takes a stock into a resistance level from a lower level, then breaks it by a few ticks, but the...
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    Las Vegas Trading expo

    The only planned event other than speaking Sunday morning is that I'll be at the Trader's Press Booth on Friday at 9:45 to 10:15..would enjoy meeting a few of you in person as well. Chris
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    Whats the best way out of a tanking position?

    Two options that work for me: If liquidity is thin, I usually just opt for market out since I will not be able to find much liquidity to get my orders out ahead of other orders who are also in some kind of panic mode. If liquidity is pretty good, I don't mind waiting for a pivot to sell...
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    Short Big Mac and other burgers

    I wasn't looking for trade ideas...I was looking for an update on this. These weren't rumors..they were reported as looking to do this late last year...I just haven't heard updates.
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    Short Big Mac and other burgers

    They still trying to spin off Donatos and Chipotle? I haven't kept up on this company other than technicals.
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    Best timeframes for daytrading the ES.

    Best post so far.
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    IB losing the edge in commissions!

    Most of the educational articles are on our site and you can get them there, instead of a repost. Not sure about a chat session, we'll see since I'm not a "paying" customer. The cap play cycles are still working. AFFX and IDXC were two of the latest good ones. Late October they died off...
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    Trading advisory

    I'll PM you a link. Chris
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    IB losing the edge in commissions!

    I've been around long enough that I've tried everything from CyberTrader (original beta tester) to ETrade, MBT, Castle, IB. Plus, at my seminar last week, where we traded with our seminar guests, many were using IB and the interface was still as I remembered it, clunky but usable. My opinion...
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    Alternatives to IB and TS for trading both stocks & futures

    Yeah, Realtick is not making many happy and with good reason. The software becomes more unreliable and their fees for access are ridiculous in comparison. Fortunately, with MBT, traders can also integrate into one of several platforms at a comparable price to what the IB/TS relationship is...
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    Alternatives to IB and TS for trading both stocks & futures

    As far as I know, their system is only real time, not incorporated historical data, so I'm not sure how that would work with automated system that might require historical data. But as for their service, I continue to like the easy to use platform and once the futures comms come down, it will...
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    IB losing the edge in commissions!

    The title of this thread is interesting. The lower cost commission schedules are all coming in line. IB at the beginning was the greatest thing since sliced bread for those wanting to trade with minimal risk during the learning phase and/or with limited capital. The advent of these lower...
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    What's Your Most Important Entry Rule That You NEVER Violate?

    Never enter if I have to do #1 and/or especially #2.
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    Market Maker Experience???

    True, I'm not going to say the MMs are looking out for the best interests of open market traders..main point was more that they have tons more obligations to perform in an orderly market than you or I with access to the use of ECNs.
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    Market Maker Experience???

    Market Makers are typically firms but with the ability to use ECNs, we can in some anecdotal way become market makers ourselves as we add and take away liquidity also...we just aren't "required" to keep a fair two sided market. So if stocks are tanking, we don't have to support them. Market...
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    Market Maker Experience???

    Large prints to the tape are usually from the MM filling the client order and then transferring the shares. I described this very instance in my seminar last weekend and below is an example of how it works from a real time watch. In this case, the MM gets the order from the client or...
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    Ameritrade/IB & Quotetracker?

    c_verm, I know you were looking for only 1 of 2 options, but I also wanted to make sure you knew MBTrading.com's Navigator platform integrates into QuoteTracker. The more options you have the better your decision can be. I've written a few reviews about MBTs functionality also in the review...
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    Sun Tzu Helps How?

    Pretty much "while you are in the bathroom" reading. Gives a verse from the AOW book and then gives a small paragraph about that passage's relevance to trading. Then off to the next page. Does this about 100 times.
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    Sun Tzu Helps How?

    Totally non-sarcastic question: Did you read "Sun Tzu's Art of War" or "Sun Tzu's Art of War for Traders and Investors" by Lundell..If you haven't read the latter..it might make more sense as to how it's tied to trading. Regards, Chris
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