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Todays trades (always 2 min bar Candlestick). GLD (Max risk on this is always 7 cent stop) Long off of 11:00 bar @ 57.65 withh a Stop @ 57.58, currently UP 40 cents or 7/1 risk/reward. GG (Max risk is always 7 cent Stop) Short off 10:42 bar @ 27.63. Stock dropped .48 or 6/1...

This blows my friggin mind. Cramer does this several times a week. He did it for Dicks Sporting goods and got slaughtered. This is GAMBLING. If the stock really does have good earnings then buy it after it trades for a few hours or the following day. Playing earnings is farking...

In and Out fast enough, LOL. I am NOT a daytrader (scalper). I am usually in a trade from 20 minutes to several hours. The norm seems like 30-40 minutes. Enough Liquidity? NEM = 8 Million shares Daily GLD = 7.1 Million shares Daily GG + 6.8 M PD = 6.6 M FCX = 5.0 M...

Paper trading blows. Absolutely no emotions involved. It's like banging a supermodel vs dreaming about doing it. Put money in the market and trade 100 share lots. I pray you lose money on your first 10 trades. Maybe then you will have a chance at this profession. I've never in my...

Most people, even today think Shorting a company is Satans work. People are F'n stupid. I can understand an IPO, but after a company has traded for a while it's fair game. Either produce profits or die, just like the animal kingdom. Guess what the Young male lions do to the Old lions?

The good ones are 3/30. :eek:

I can understand why don't want to TRADE your own money, but what about Long term investing in the market like an Index fund or a ETF. Where do you invest your retirement money? Thanks Mac

Who cares what Others drive in your office. My wife and I have 6 cars incl a BMW and a Benz. I trade Daily but I do NOT know how to Daytrade (scalp) LOL. When people ask me if I am a daytrader I tell them "NO" but I do Swing trade Intraday. :p

Have you ever tried to convince someone who is giving YOU their money to invest and tell them you have a stock you Hate and would like to short it. They have NO fuggin clue. 60% of my clients were Doctors making over $600,000 year and they couldn't grasp Short selling. They don't...

I can understand his position. Although, if he is talking about not believing in the market then he is a Tool. A friend of mine manages clients money and does very well and makes a nice living off of it. When he trades his Own money he does terrible, he gets very emotional. I think this...

Cramer said the Lawyers at CNBC do NOT allow him to Call Short Sales because they are Dangerous to the Public and they don't understand it. Sometimes his callers mention shorts but he doesn't respond. Very few brokers, investment letters, talk shows, etc... ever talk about shorts. The...

I daytrade and my usual is 12-20 roundtrips per day. I make over a $1,000 a day, NET. Today I am up over $4,000 today, best day in a long time. I trade Gold stocks. My normal profit goal is 15 -20 cents per trade with a 6 cent risk, so 3/1 risk reward. My normal trade is 1,000 shares...

I can't believe he doesn't tell people up front that if the stock goes agaist your position that you should bail. Give them some sort of exit, say 8 or 10% and don't have more than 10% of your entire port in any one position. I saw his show recently (last week) where he was talking about a...

You seem to forget he is "ONLY" managing 100 MILLION $$$. Surely with that Small amount of money he has plenty of time to talk here with us Pikers. :D

Long GLD off 12:44 bar @ 58.17, stop at 58.10 Exited @ 58.11 with a 6 cent loss. Short term correction had NO staying power, possibly a head fake. Looking to Short again, Cash market on COMEX keeps dropping. Gold is down $7.40 for the day, so far.

Other trades today 2 Min bar (candlestick). NEM Short off 10:48 @ 50.94 with a Stop of 9 cents at 51.03, current gain $1.00+ or 11/1. :D FCX Short off 10:54 @ 51.60 with a Stop at 51.68. Currently up almost $2.00+ or a ratio of 26/1 :D :cool: :p ABX Long off 10:06 bar at 28.48 with a...

Look at GLD today 6/27/06, I entered off the 10:28 2 min bar, I always wait until the price is 2 cents higher than the previous bar, too many headfakes otherwise. I entered @ $58.69 on the 10:10 bar with a stop 1 cent below the previous bar, so my risk was initially 7 cents. I covered @ 10:20...

Now I am trading mosty Gold, however back in 2001 I was only swing trading. I was not daytrading as I was involved in a large real estate development. I had a $600,000 account (cash) and I was short DCEL and made a small fortune. I also had Nextel and several other stocks that all were Home...

I use the 2 min charts to enter a trade and 1 & 2 min charts to exit. I also have a system that I use that is based upon price levels. I believe yesterdays biggest drop was around .60, it occured around 9:46 I believe (2 min chart). I exited around .41. My stop is set a 1-2 cents from...

Ok retard, where did I say I wanted to start a Hedge fund? I have NO desire, I trade with my own money and make a good living. My WORST year in the last 7 years has been $338,000, my best was 1.7M in 2001. I wanted REAL world answers, not some friggin SEC crap.