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Read the edit to my first post. I don't think in terms of percentages. I don't really think it's appropriate in daytrading. I get stopped out only to see the trade "work out" quite often. I am pretty much beyond the point of being bothered by this, and I'll quite oftn re-enter the trade...

You erroneously assume that small, "consistent" gains are easier to come by. (Personally, I don't find any direct relationship between the size of the gain hoped for and the consistency in attaining it) The crux of the matter is this: How much do you risk in attempting to get a certain...

drop the outrageous L2 charges fellas!!

I received the following email the other day. Would this be regarded as solicitation? "Daniel, MAR RANKINGS l ADVISORS FOR ADVISORS MANAGING AT LEAST ONE MILLION DOLLARS TOP TEN TRADING ADVISORS RANKED BY RETURN ENDING APRIL 30, 2002 LAST 12 MONTHS Gain (%) 1...

I hope this thread doesn't just turn out to be a long list of, "bought XYZ 35.60" Next Post "sold XYZ at 35.90" Who cares! Put up some commentary dude! We wanna get into the mind of the pussycat. Find out, is there really some twisted genius there? or is it just some highschool...

My opinion: I don't think it's wise getting involved with weird shit like that. Only cause I believe your outcome will be more down to luck than anything. You could also make the case that if it was just one stock then there is some "secret" news to it, and it's not "just a spike".

yeah, but here he gets a permanent record. so we can all pay homage to his glory

has he traded yet EVER???

Slow down guys, I'm trying to write all this down....

Serious 30-40 cents right off the open? Geez, I didn't realise those listed suckers could do that (I have NO experiene with listed stocks). Might not be the best strategy for me then, there's no way I'd wait for a reaction if got hit for 40 straight off the bat. Does the opposite ever happen...

Buddy, I'm in the markets every day. (well, except for this week) I can honestly say that your take on daytrading is grounded in freakin BS. I picture you as someone standing on the ground and pointing at Wilbur Wright in the sky and yelling, "I'm telling you Wilbur, that thing will never...

From where did you infer that I don't understand the impact of size on my trading outcome?? For someone who thinks beating the s&p is a herculean achievement, you sure are one arrogant piece of work.

Did I? I guess I can be presumptive. [/b] Surely the implication is that daytrading is futile. If not, tell me which part of that I didn't understand.

check out www.stormchasertech.com I haven't used it (I don't use scans for trading) but I know a couple of people who like it.

I've never used realmoney.com, but I ocassionally have a read of the street.com. I don't use any of it to make trading decisions with (I daytrade). It seems to me that most of the advice stuff written is with an "investment" point of view. I'd assume then that that would be the case with...

Man, this oughta be good. Straight from the man makin' mega dollars while the others struggle and sink. Alright baby, strut your stuff!

Er, I'll take that as directed at my "LOL". I hope people here - especially Don - didn't take it to mean I was laughint AT Don. I'm not a "don basher" (we all know what that means don't we?), and I don't recall ever having quibbled with Don about anything. Hey, I like the guy. I did find...

Ok, you're talking percentage moves. That's different. Percentage moves don't particularly interest me, I'm more concerned with how much a stock will move in dollar terms, so I prefer higher priced stocks. Eg, I'd rather trade stock ABC with a average range of $3 at $60 (roughly 5%) than a...

Goldman owing BT? Has Don actually claimed that? Gee, I like Don and all, but that's a bit rich.

Oh, we're talking REAL money. AHh, now I get it. Yep, there's definitely no need to be sceptical now guys. We are talking REAL money. Ok! Jeandaniel