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    Calling it a day after reaching a profit target?

    I always find it amazing how many people gamble in the market. They even think of it as being a big casino. The people who work in that casino certainly don't think of it as gambling, not as far as they're concerned anyway. To them it is work, and they go about it professionally. Translated...
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    Why do more than 90% of traders lose?

    Call me crazy, makethesetrades, but your trade recommendations are one-sided, so they don't qualify as trades at all. You make a entry trade recommendation at 8:30 am, for instance, to buy F at 17, but you give no exit advice. If Ford ranges between $16.50 and $17.05 that day, closing at...
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    What market is this?

    This market, like all markets, is a war zone. Come armed.
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    Pattern Day Trading Interactive Brokers

    Ditto on protecting your account. IB's attitude is that they would rather not screw around with small accounts, but if they're going to offer them at all, then they want them to not suffer from undercapitalization. After almost 4 decades in the business, I respect IB's approach as both practical...
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    arbitrage: Al Pacino

    So Al's going to head another NY crime family in this film. They should call it GodFather IV.
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    Profits, Losses and Training

    Save your $20,000. Take $12 of it and go buy yourself a copy of Stikky Stock Charts. It'll take you an hour to read it, guaranteed. Your $20,000 will most likely go down the drain, but that $12 spent on the basics won't.
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    FED manipulating markets via

    The OP needs to change his moniker to brokenrecord. A wise trader once told me that you can not beat the Fed or the powers that own Wall Street. You can, however, follow their lead and piggyback on top of their moves. Constantly flailing away at the Fed, accomplishes nothing. Paying...
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    Arbitrage Trading tool

    I've seen lots of people try computer arbitrage, but the only ones that I know who have been (extremely) successful were using servers located or colocated directly over the main internet pipes (entrances). Good luck with your efforts, though. Even if you're unsuccessful, you will have...
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    Alert : Major market action likely January 4

    Settlement date...think about it.
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    When is a support or resistance broken

    That's the title of a good Neil Diamond song. I guess we all use a bit of feeling when we prepare to take on a trade, but I try to leave my feelings behind once I'm in the trade; going strictly by the book (of rules) until I exit. In any case, here are a few lyrics from Neil's song that I...
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