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    Prop Trader Journal

    I replied to this question about two times, but it has yet to show up. For the first two weeks there was some training...now its more of I ask questions and get an answer to certain setups or how the market is playing out throughout the day. I do have a trader sitting 1 seat away from me. He is...
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    Prop Trader Journal

    One more to note: COST Trade bought: 80.66. Sold 80.69 SPY had broken above a level that i had drawn and it was also the previous intraday high. Based out above the previous S and you can see the volume pattern. with a base with increasing volume. Consumer discretionary was a strong...
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    Prop Trader Journal

    6/20/11 P&L= -25 Shares traded= 1,400 I made 7 trades today. mostly scratches and small losers. Using my trading as a tool to learn. I've been watching the SPY, QQQ, DIA and looking at the price, volume, and momentum....watching all of these in respect to important levels. Overall I feel...
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    The Real Deal Is Here

    Nice...looking forward to it.
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    Prop Trader Journal

    Well they give you 10 to 1 leverage at first...so if you have a 10k account that gives you 100k of buying power! If you are trading equities, the max leverage you can attain in a retail account is far less. It is a max of 150% of your account if im not mistaken....although I might be wrong...
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    Prop Trader Journal

    EXPD trade
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    Prop Trader Journal

    MARVL trade
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    Prop Trader Journal

    P&L=-$18 Shares traded=800 Ill post up some pics of trades and observations that I find somewhat important so please check that out in the next posts. So today was a decent day insofar as that I think I am learning and getting a feel for things. One thing that I tried today was to monitor...
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    Prop Trader Journal

    Thanks for the advice! And yes...doing my best to pickup things!
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    Prop Trader Journal

    This seems reminescent of our conversation when I first met you...talking about a feel for markets and screen time/experience. Noted and I know that I have a lot of work ahead of me!
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    Prop Trader Journal

    LOL the funny thing is....that i've heard a variety of things from different traders. One of the head traders in my group told me to trade just about everything in the beginning, and find out where I fit. The other head trader in my group trades stocks in play and momentum names, but his...
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    Prop Trader Journal

    Ok and I will be watching it tomorrow. Thanks for the advice...still getting a feel for stock selection. I actually was watching FNSR and JDSU, just didn't get anything that I saw as a good trade. What were your levels and can you maybe provide an example on how you would have traded it? Thanks.
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    Prop Trader Journal

    KR TRADES AND LEVELS
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    Prop Trader Journal

    RIMM TRADES AND LEVELS
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    Prop Trader Journal

    P&L= -28.00 Instruments traded= CREE, KR, RIMM First off a question for any of the daytraders in this forum...do you think it is better for a novice to begin trading in the lower beta names(GE etc.) and in the etfs rather than some of the higher beta thinner stocks? I've been trading...
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    Prop Trader Journal

    RIMM levels
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    Prop Trader Journal

    RIMM Trades *Sorry for the ordering of the posts...still getting used to the site!
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    Prop Trader Journal

    Levels for COF: 47.7 level was at the March lows
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    Prop Trader Journal

    Levels for SMG: There is a level at 49 that I forgot to draw in this attachment. It is the at the lows of January. The 51 level was at the lows of Late Feburary!
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    Prop Trader Journal

    P&L= $-8.00 SH traded=600 Today was a little bit of a weird day. The head trader told me that I could only trade 1 ticket...I though that meant 1 trade, but it means 1000 shares! lol I passed on many trades throughout the day because of this. All in all I took 2 trades, one profitable and...
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