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LOL. I love that. A "decent number"! :) Can I ask then, what would be a "decent number" for a loss?

Why? So I can I remind myself of the futility of what I do while I am doing it? Interesting that someone with a disposition against day trading should care so much about clearing costs and commissions. Is the 1/8 of a cent you hope to save on commissions going to make THAT much of a...

I think you've got it the wrong way around. "Inter" means "between. So interday, means "between days", or, in other words, from day to day. "Intra" means "within". So intraday would be "within the day". Daytraders, of course, are more concerned with intraday ranges. The "intraday"...

I wasn't talking about _YOU_. I already understood that you were talking about the "big guns" at your previous firm. (Don't worry, I'm not at all interested in the name of it.) Do you mean to say that you can't trade the same size in a trending BEAR market as you can in a bull? (Of course...

No. I think you are their only subscriber. :eek: Here's a tip to help you find some M-T buddies: Why not try looking in M-T for other users? I'm sure you'll find some there!

Your contention was that you could have done "very well" in 99/00 if you "had size". I think it should be obvious that what "very well" means is related to the size of your account, or "buying power" if you like. So making 1mil isn't that big of a deal if you had 500k, but it was if you had...

I don't understand where size fits into the equation. Look at the daily ranges back in 99/00, hell, even early 01. 5-10 point moves were commonplace among the higher priced stocks. Why would you have done very well if you "had size" back then, but not in 01-current?? To make the same total...

Gosh buddy, don't you know it! Them pesky market makers is always gettin in the way of me trying to make me profits.

Now that's laying your cards on the table! I'm alway glad to know what makes a person tick.

Doesn't make you wonder why somebody who doesn't think trading is a viable method of making money would bother posting on a trading message board? Dotslash, you've come here shouting from the rooftops that trading to make money is a lost cause. Are you at all interested in developing any...

I've tried many ways of looking at and using CCI. I agree with your friend, it is a leading indicator. It leads one to making some very questionable trades. :)

Trading is so unlike any other activity that I can think of, that excellent advice for other parts of life blindly applied to trading, without any forthought, can be very dangerous. Getting back up after being "knocked down" is of course essential to make any meaningful progress in life. I...

Free throws. This game should never have been a contest.

Steve Christie was playing in this series??? Since when did he become a two sport star??

Couple of things. 1) People "smarter" than me. Intelligence, in terms of raw, computational brain power, is so overrated it's not funny. Nevertheless, various tests rank me in the top 5-10% of the population, and *I*, for one, attribute more than 50% of the worlds ills (now and in the...

I'm clearly neither sarcastic nor witty? Not even a bit? Damn. I didn't think I was that bad. I didn't expect you to be interested in my reply...I'm stuck at home with the flu and just killing time on ET. I'll give you a serious reply to your Allen Zuckerman question though. The guy...

Chas is it really necessary to bring god into it on every second post?? The beauty of democracy is that it isn't reliant on any god figure for its success. In fact, I would say that it succeeded in spite of him.

Oh yeah! I used to use them all the time. (Now I use Shortboy!) They are absolutely awesome!! Last summer I took a Carribbean cruise with the profits I made in my spare time!! This year (since going fulltime), I'm trying to decide between a Jag or a vacation condo in Cancun! Thanks...

The best DAYTRADING opportunities exist in the USA. You won't find liquidity and volatility like you get in the US anywhere. (if you do, lemme know!) Sure, some of the European futures have tremendous volume and even decent ranges, but check the point value of the contracts, WAY TOO LOW.