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Yeah, the weekend was pretty slow. :p All kidding aside, what are you trading? I trade Gold, Oil, Brokers, Banks, and BA and I have no problem with volitilaty. I'm trading mostly GLD and GG and they have 50-1.00 intraday moves daily. Made over $1,200 today.

My average stop is 4 - 6 cents. :eek: A .12 stop is considered HUGE to me. I normally get 3-5x risk to reward ratio. I usually will have 6-12 trades a day on GLD or GG, netting over $150+ per trade. I usually trade 1,000 share lots with GLD (GG will trade up to 2k), so when I take a...

Hell NO. The only thing you chase is women. End of story.

Unbelievable! MSNBC said there are approx 11,000 different hedge funds in the US alone. :eek: This does not incl mutual funds, individual traders, insurance co's, etc... How many damn people are trading stocks? What exactly is the definition of a Hedge fund? How much $$$ is...

I would never trade a stock with Average daily volume of 200,000 shares. Good Luck

Cramer has the #1 rated show on MSNBC. I believe they air it about 3x daily. Do you really think they are going to Kill the Golden Goose? :confused: Cramer is said to have a net worth of 100 Million. He most likely earns 5-10 Million from his own investments on a yearly basis. He...

BTW, GLD tracks the cash market currently August /GC6Q COMEX almost tick for tick. The GLD (Streettracks) is very good for tracking the price trend for Gold. GLD as usual has been sweeeeeeeeeeeeeeeet today.:cool: Check out a 2 min bar (which I trade off), I use the 1 min to Exit. Today...

Here's a list of Gold stocks. http://www.gold-stocks.com/ Updated as of yesterday. I have been daytrading Gold only for about 2 months now and making a small fortune. :D I personally trade with the highest Volume/Liquidity possible. GLD averages 7.1 Million a day. Very faaaaaaaaast...

Maybe Don is back and can answer my question. :D

Bump for 2006. :)

I have a feeling this Electronic trading will suck for me.:( I only trade large NYSE stocks. I trade a certain stock were I have a 86% win ratio. Something tells me this will all change when we go Electronic.:mad: Will this be a gradual change? If so, over what period of time...

Bump

Bump

I took the course back in 2003 and just started implementing some of the strategies. I should have studied the material much sooner. :eek: I've made several thousand this week implementing some of the Trading strategies that were taught, mostly the "Prior day High/Low Failure". I...

Will the NYSE Open Book be worthless when the merge is completed with Archipelago and they start trading electronically? Will there even be an Open Book? Will the trading be more like NASDAQ (hopefully not)? Thanks

Tuesdays results, profit of $3,200 Total stocks traded today = 7 2 stocks were NASDAQ for $1.70 gain 1,000 shares per trade (14,000 R/T) Total profit $4.75 or $4,750 TA only. Explain please what YOU mean by "Price Action."

I make very good money and I trade 98% NYSE on TA basis only. I have NO clue how to Tape read, I could care less. I don't subscribe to Open Book either. I trade the same 14 NYSE stocks daily and 2 NASDAQ (WYNN & FITB). Friday I made almost $8,000, best day in some time. I made $4,000 in...

Just check out ECHO or Bright, can't go wrong with either. I've been with ECHO for 3 years and never had any problems trading remote. Checks cut every Monday and Thursday and Fed Ex'd, never had a problem. Once in a while I have a software glitch, but what platform doesn't. They are...

Sorry, I meant 10% of Daily Volume. Not Float, that would be INSANE.

Don't wanna say. I'm trading it tomorrow. Probably 200k Friday. :eek: Maybe if I don't do well Friday I'll tell you.