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Hmmm, hidden stops. I wonder why they would offer that to their traders when all stop loss orders are supposed to be hidden until triggered? Could it be because the market maker CAN see the orders. I know the answer to that, but I'll let the Major think about it for awhile.

If you do what you love it is just a matter of time before it will become more rewarding financially than any other thing you could do. Hang in there and watch what happens.

If you're successful I wouldn't mess with your system, but if you want to tweak it a little I would do this. When you reach your target take all but 1 or 200 shares off the table and let it ride for a while longer.

Why do you think that is a coincidence? If you are going to compare anything you need to compare it an equal amount of times. I alternated between stop and no stop on every trade. Did I make a mistake a few times, sure, there were a few times I had to place two orders with no stop or vice...

I'm stuck there too.

I've shorted this stock for the last few months. I shorted it at 36.10, and added to my position at 30.30, 29.32. I covered at 23.81. I've had some great profits shorting. I shorted again at 27.23 this week but I am not confident as the stock looks like it is picking up some momentum...

Maybe so, but I bet you knew what leverage was. This guy talked about it like he just learned about it yesterday, and it is obvious he has no clue to the downfalls of leverage.

I'll tell you a little secret. I'm a very analytical person. I always suspected market makers took me out of a lot of my orders needlessly, so I decided to do a little test. Now I set my initial stop on all orders exactly the same way and adjust my position size to account for some...

Give me proof that he doesn't see it. Why do you think Ameritrade came out with trade triggers? It serves no purpose whatsoever if you could place a stop loss that the marketmaker never sees. Why would anyone ever need to use it?

As a side note I have 5 ameritrade accounts. They have a system known as trade triggers. This is the only way you can avoid the market maker knowing where your stops losses are. You can use trade triggers and say when stock X reaches X price place a market order or limit order to sell the...

No offense, but I find it very difficult to believe that you were a stock broker, yet you knew nothing of prop firms, and you seem to have just discovered the concept of leverage. It just doesn't make any sense.

Do yourself a favor and place an odd lot stop loss. I've done this. At least with my broker it goes to the market maker immediately if the stop loss is anywhere within a few percent of the bid/ask. This may be broker specific, but still with the nasdaq, stop loss orders are not allowed...

There is no such thing as a stop loss order on the Nasdaq so your order goes in front of the market maker immediately. On the NYSE a stop loss order becomes a market order when your price is hit.

You say you've been trading for only a year and a half. So bascially your only trading experience was in a bull market. There is an old saying "never confuse brains with a bull market". I think you might want to set some realistic goals or you will have major disappointments. If you want...

You might want to recheck your facts. IF you issue a stop order with your broker it does go to the exchange immediately. The specialist knows exactly where your stop order is moments after you put it there.

You know because the stock immediately moves from that area and steadily increases. If the specialist knows the stock is going to go up he will buy YOUR SHARES at the lower price and make his profit on the larger order he has in the bag. If everyone just kept mental stops this could not happen...

You say you're are about to graduate from college and yet you come out with a sentence like "I'm trying to impress nobody"? As far as how anyone knows you are at the beginning stage? Well all I can tell you is that your statements very obviously point in that direction.

You say you will never stop learning? Why not learn and not use leverage until you have a few years of success? If your goal is reached a few years later is it really that traumatically life changing? Will you consider yourself a loser for being a few years late on your goal. One thing for...

Leverage is a wonderful thing when you are building a business, and you have the necessary tools and experience to be successful. The only thing an inexperienced highly leveraged trader has is future debt.

Actually, I buy most of my stainless steel from a company called Mexinox. It used to be mexican owned but is now owned by the Germans (Thyssen-Krupp), but all of the steel produced is from Mexico.