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Stocks - Momentum ones.

Thanks I'll keep that in mind. I've thought about the 5 min bars. Your post will help me implement it.

Friday , coudlnt' short PRKR. Penny stock understandably. But today with my broker, coudln't even short UNH... They explained, that they didn't have inventory. I could call next time to their trade desk. They can charge me a fee. And allocate inventory on the street. Sounds pretty...

Just started trading again , with bad results first 2 days, only using Level 1. Should I bother getting level 2? I feel like with the speed of today's automated computers changing prices. Maybe the price and sizes are real anyways? Or that people dont' display true sizes? I'm trading in a...

I've bought the gold ETF, I think gold has topped. I think GOLD is a storage of value not necessarily something that generates profits (esp. at today's prices). What is the play against US inflation? real estate? since the money that you borrow today will be paid back in cheaper dollars...

That's a very weak argument. I worked on Wallstreet, one of the largest mm on the street. You are a fool if you think the market is fair. People don't get into banking to be play fair. People that go to business school are greedy by nature. To think that those in power will not use it is...

Only problem is trusting the gold dealer that doesn't pay taxes, who's trying to scam the gov, why wouldnt he just cam u?

LOL, this essay was written by someone that has Dr. in front of his name. He thinks that money has to be given directly to the stakeholders of the Fed. He didn't discuss anything about the monetary value of knowing when interest rates raise or fall.

It is perhaps the fault of the gov., however, the people are to be blamed. We don't have the discipline to say NO. We don't have the discipline to say no to any entitlement programs. Along with all the other budget expenditures that we've grown accustomed to. When they do stupid programs...

From 800 down to 300, what was the economy like back then etc. etc. is a very very scary fall from 1980 to 2000. http://www.goldprice.org/spot-gold.html Anyone care to comment on why the big drop over long duration. The US dollar couldn't have appreciated so much could it?

I wasn't trying to suggest hyperinflation in the near future, just the increase in Dollars / ounce and its resulting tax consequences. Off the top of my head and further consideration... I suppose the tax rates would be readjusted and minimum capital gains etc.

So, i was watching a youtube video on the fall of the roman empire and its relation to economics. Summary: Gold stood the test of time for value vs inflation (Roman Govs. diluting its gold coins). However... in today's world, to maintain a storage of value. We'd have to consider the effects...

Hi, I've been trading equities and researched equities on and off for 7 years. I've made some decent picks like when i.e. GOOG when it went from 220 to 305 in a month or 2. However, that was probably my biggest gain and I feel 30% return a year is considered good in equities investing but...

I'm Canadian, working in the US on work visa, working for an outsourced company as a contractor for an investment bank backoffice. Ultimately, I want to be a trader. I will not be able to be sponsored by my firm. I wonder if any other firms would sponsor me if I decided to change jobs. My...

Not really sure where I go from here. I work at an investment bank doing trade support at the trading floor for equities. Mid office role. Seems like there's not much room for growth at this position money / position wise. I want out in 7 months (worked 2). Also b/c I dont' like this small city...

Toronto, Canada *21 years old. * Recent University of Toronto Graduate Specialist in Finance. * work for Swift Trade, trading equities. * Pro Poker Player, considering a move to LA, if I got a job offer. * Day trading for 2 months.

Thanks guys, I think your comments are spot on. opm8: "I'd recommend using a larger time frame chart like 3 or 5 minutes and aim for a bigger." For sure, I've definetly been leaning towards this. I also need to learn to hold my winners for a long time period. The thing I find hard about...

For the last 10 days, I've been able to win my daily target of $50 trading with a 200 share default up until approx. 11.15. I certainly know that 11.15 - 2 tends to be a slow period, but I havent' done very well after 2 p.m. either. But after that period, I end up losing all of the $50 and...

So... 40% of mutual fund managers actually beat the S& P 500? Also, S & P 500 does not represent the entire market. It, in itself is a selection of 500 stocks in the market - made by the S & P. So technically, when you compare anyone to the S&P, you are only comparing to S & P's selection.

I think your experiment works. I was thinking the same thing about 2 weeks ago. I just started day trading with a prop firm. 3 trainees and we were all losers at the end of the day gross for approximately the first 10 days, with average 80 trades. I made a joke about doing the opposite...