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Commisso, First, thanks for your input. I follow Tony Oz's strategies of support/resistance lines. It's not really that my setup only allows for a $3 gain. That's just a number that I determined was a reasonable and realistic maximum intra-day gain to expect in today's choppy markets...

I have been debating an issue for the past several days. I like to trade 100-300 shares of stocks like CHKP, CIEN, CMVT, JNPR, etc. I usually place my stop loss order about $1 to $1.50 away from established support/resistance levels. I've notice that in today's choppy markets, it is...

I have access to Datek Direct... nothing great. What I don't like about this most is that there is no dynamic order confirmation screen. Instead, you have to keep refreshing your daily activity page to see if and where you were filled. In my opinion, Datek is a very good broker for...

For $225.00, you can get a copy of GTT Trade Log software. It automatically generates a variety of reports for taxes and makes keeping track on your trades a snap. It takes about a second to generate a complete report of all your trades for the day, week, month or year. You can find out...

Good luck...

What usually happens when there is divergence between the NASDAQ, DJI and S&P 500 futures? How should this be interpreted? By the Numbers As of 11:51AM ET, the futures were as follows: Symbol Last Change % DOW Fut 10235.0 - 48.0 -0.46% NASD Fut 1734.0 + 20.5 +1.19% S&P...

rtharp, I would never ever entrust my trading to a browser based trading system such as Interactive Brokers. To do so would be a terrible mistake. What happens when the software freezes up no me and I need to restart my computer? I currently trade with MB Trading. My first 2 months, I...

For those of you following this thread, here are my actual trades for today. In pre-market trading this morning, 4 out of the 7 stocks I was following were trading below the support levels I found in my analysis. However, 2 of the stocks were able to trade back up to or above those support...

Zboy, Thanks for your input... it's greatly appreciated! The reason I went back over a year on some stocks was the fact that some of these stocks are so beaten down, the only logical support levels were back in '99. I also noticed that 4 out of the 7 stocks I follow violated their...

Does anyone know if it's possible to chart stocks during pre-market trading using Real Tick III?

Finn, My previous system involved buying 5,000-10,000 shares of NYSE/AMEX stock and capturing the spread of 1/16-1/8. The spread on most of the stocks I traded is now $.01-$.03. Hence, my previous strategy is now a waste of time. My current strategy is based on intra-day swing trading...

Hello, I'm relatively new to trading NASDAQ stocks. I used to scalp NYSE/AMEX stocks until decimalization rendered my strategy useless. I've been studying Tony Oz's book, "The Stock Trader". I used BigEasy Investor to compile my constant watch list with the following criteria: Average...

Praetorian2, If your profit objective is now .30-1.50, what kind of a stop loss do you use? If you're going for a .30 profit, you shouldn't be risking more than .10... or so they say. So how do you manage to keep from being constantly stopped out of your positions? Even at the current low...

I was just wondering, with many of you mentioning that you're sitting on the sidelines and waiting to see what will happen with the Fed rates, or if the DOW and S&P will also collapse--are any of you daytrading on a regular basis during these times? If not, what are we supposed to do for...

I'd like some feedback from you seasoned traders on how to handle being shaken out of your position, then seeing the stock rally without you on board. I know what everyone says, you can always buy it back. True, however, you can rarely buy it back at a strategic level close to a logical...

Is is possible to copy and paste a chart from Real Tick III? I don't see it as an available option anywhere and right clicking on the charts doesn't work. I want to be able to copy and e-mail intraday 5 min. charts.

It seems to me that the only important Support/Resistance levels are those that one can easily spot by looking at a 5 minute, multi-day, intraday chart, say 10 days. You can easily see at which points the stock was supported and where it was kept down by resistance. In most cases, you can...

Try this site: www.bigeasyinvestor.com Their FREE software lets you scan for many parameters, including average daily range. Good luck!