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  1. T

    Upping position size/# of positions

    My style is one of total focus on 1 position @ a time. I'm a daytrader-scalper-momentum trader-speed trader. I find that being totally focused on the trade @ hand allows me to make more profitable trades. It's all about concentration. A lot of the folks on this board are swing traders, so my...
  2. T

    Ib

    Do they offer Nasdaq level II quotes with TWS? If so, at what cost? And how is the data feed speed compared to others? This 1 cent per share thing looks good. Maybe too good to be true... thanks, thunderbolt
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    simple strategy....but very profitable

    I'm using that YHOO short as an example. That was during 99' when bigger moves were the norm. However, today I trade based on the new environment. Nonetheless, I trade with balls of steel. I never let the MM's shake me out of a trade. If all of my indicators read "short", then by god I'm going...
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    simple strategy....but very profitable

    I once took out the bid of 2000 shares on a short sale of YHOO. 10 min. later I bought it back for $3 less. MM's were shakin' the daytraders out, but I was tenacious and rode that puppy down. It was my nerves of steel that put 6K in my account, not a methodical approach to trading. Bottom line...
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    Trading to LOSE ... to WIN

    :mad: Too bad a broker is even needed. Why not a For Sale by Owner market? By pass the broker man like in real estate. Nobody wants to pay Realtor fees. The same goes for the financial markets. :mad:
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    Trading to LOSE ... to WIN

    I hear ya, man. The broker man makes his whether we do or not.:mad:
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    Trading to LOSE ... to WIN

    yeah, I guess I could have shortened the post a little. Go job, thanks for pointing it out. :p Next time you are in a long position, think it through. Look at the short side, who's making money? MM's, other daytraders, or you? If everyone is makin' the cheese, then it's certainly not a zero...
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    Trading to LOSE ... to WIN

    Your post was too lengthy and redundant. The point is, we all struggle with our trading. I once went long 1000 shares of LTXX, 5 minutes later I sold the 1000 for a profit and went short 1000 for another profit 10 minutes later. Made some cheese on the deal. That's what it's all about. Cut to...
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    Trading to LOSE ... to WIN

    How about actually giving the traders a little credit instead of insulting them with the immature games. Trading is a tough business and poking fun @ them isn't helping. :mad:
  10. T

    Learning to trade by scalping?

    I use a scalping technique with MT chatroom and find it to be very lucrative. I'm in on the move and out when it stalls. Sweet 'n to the point--profit.
  11. T

    IB Short List

    I'll do that. What chatroom do you trade with?
  12. T

    IB Short List

    Do they have a good amount of stocks in inventory for shorting? This is of the utmost importance for me. I trade with MT(millennium-traders) and need a broker that offers this. Thanks, Thunderbolt:p
  13. T

    Unimaginable

    Your thought process is really disturbing. Suppose some one dropped a nuke off at your house tonight - how would you go about setting it off? :mad:
  14. T

    Quit my job today!

    You people are of absolutely no help. Nothing but sarcasm. SHEEZZZ....:mad:
  15. T

    RealityTrader.com Positon room results

    months on M-T. I've had good luck with them and was looking for other traders' experiences. That's all...take it for what it is worth.
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    RealityTrader.com Positon room results

    Tell me about your experience with M-T. Also, they do occasionally call exits but I don't rely on them. If I hit big in the morning($1,000 or more), I'm done for the day. Also, I minimize losses by moving my stop up as the move goes in my favor. For example, if I enter @ 25.10, I immediately...
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    RealityTrader.com Positon room results

    No I don't play everything. I play 1 at a time. And I get stopped out about once a day--sometimes more, sometimes less. I calculate averages so a 1 time phenomenon doesn't count.
  18. T

    RealityTrader.com Positon room results

    You are correct. Anybody can say anything. I keep stop losses at different levels but never more than .25. I've been there for 3 1/2 weeks and have made very consistent money. I've only had 2 days in the red, but all my up days negate them by a long shot. Average: $435.22 per day using 30K...
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    RealityTrader.com Positon room results

    I can't give you my trading techniques but with smart stop losses and removing your emotions the money is there. There are some guys making $2K a day. I hope to get there someday....:D
  20. T

    RealityTrader.com Positon room results

    Lots of calls with lots of potential.
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