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************************************************************ Not just that, the RM guy said "I am going to teach you a lesson" and locked one of his 1500 shares position so he couldn't sell it and lost $1000." ************************************************************ Forgive me for...

I would think that if you were to start trading money for more than several people, especially those not related to you, that you would need to get a license (series 7). You would also have to have a very good contract with the person providing you with the money, stating that they understand...

Their platform is just plain messy and illogical. I like Datek's much better. However, they're commissions are unbeatable. It's nothing fatal, but I just don't see why they didn't update their platform first, then the website, which is less important. It seems to me that IB has their...

Now if they would just update their arcane, user un-friendly trading platform it would be great!

There is no "best indicator". It depends on your strategy and desired outcome. Are you trying to scalp a stock for 1/4 or capture 5 points in the next several days? How much are you willing to lose on any particular trade? I can say, however, that flipping a coin is probably your "worst"...

Zarrar, Of course a $10 billion money manager is NOT going to engage in day trading. Can you imagine what size lots he'd have to trade? He could probably move a stock 5-10 points just trying to get in. They invest mostly intermediate to long term, and use sound money management to...

Zarrar, I must disagree with your observation that "...a tradable stock has to move as many points as possible in a day, with decent volume and volatility". I used to trade only volatile stocks like CIEN, CMVT, CHKP, JNPR, NVDA, etc. I use technical analysis, mainly support/resistance...

That's a very interesting article indeed! It just shows that sometimes, NOT following conventional wisdom can prove very profitable. And it also proves that the most important element in any trading strategy is risk management.

Why don't you post your story, so maybe someone else won't get suckered by this broker also.

Forget getting into her head. Is she single??? You might consider getting married and getting into her bank account. ; ) Just some light humor...

Does anyone know of any reliable pager alert services. I'm interested in getting notified by pager, when a stock hits a certain price. Thanks.

What I meant to say was that in my opinion, there is not one trader out there who is consistently making money from a computer generated "system" that's on auto pilot. If there is, I'd love to hear about it. There is a big difference between having a strategy and having an automated system...

tradeRX, I'm not sure that I agree with your assumption that "true trading systems can be automated". In fact, I don't even like the word "system" when it's used in regards to trading. It implies that someone has such great knowledge of the marketplace, that their trading is on complete...

Rtharp, Thanks for your reply. I'm still quite perplexed by praetorian2's 19,000 share position in ELY. I just can't imagine taking that kind of risk on one trade. It kind of reminds me of Jesse Livermore. I guess that's how great fortunes are made... and LOST! Obviously, the mere...

Praetorian2, First of all... Good Luck on your ELY position. I must say however, that your position reminds me of the phrase, "Bulls make money, Bears make money, Pigs get slaughtered!" Are you trying to make a killing in one trade and retire, or are you just riding off a high from a...

For anyone who has been following this thread(s), I would like to inform you that Ken has refunded my $295.00 online course fee.

Here is the latest e-mail from Ken: Mr. Gregor, since you have decided to disregard my requests related to this message board forum, I will be seeing you in court. My attorney has provided me with relevant case law precedent at the following links...

I'be been looking over hundreds of daily charts lately, and I've noticed something interesting. It seems that on a lot of the less widely followed stocks, technical analysis and chart formations seem to appear in a much more clear and organized fashion then on some of the more popular stocks...

Nickey, You should first concentrate on becoming a profitable trader, then spend time and money trying to save taxes.

Or in the worst case, you could just do a regular dial up connection from work. If you're only following several stocks, the connection speed shouldn't be an issue.