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hey guys, thanks for the comments, I've began to understand that you have to risk money to make money, and it's all part of the game, all part of trading, and I'm starting to feel a little more comfortable trade by trade. I have a lot to learn and somethings you can't learn by reading but by in...

Can't it also be the specialist filling the order from his own inventory? There could be a seller there if the seller kept stepping down on the offer, in front of ecns, refresh offers, etc... to absorb all the stocks he has to sell. btw, do you use the openbook?

hey guys, thanks for all the comments, I read an article here last night called "mastering the 4 fears" and right off the bat is the fear of losing money. Today I went into the trading room, believed in my trading plan, gotten into more trades (actually, I traded more shares than ever today)...

nah bro, I just need to take off the tampon, grow a pair and make some money!

bro...it doesn't really matter what you do if the big cash pulls in... (of course, I meant that in legal legitimate ways)

Please read the following and comment, advise, etc...as I really need to figure out some way to get over my emotion that was been stopping me As I sit here and type this, I reflect my trading day as if I was a ghost hovering the trading floor and zooms in to myself. I have noticed that I have...

livingston, are you a scalper, pair trader or a position trader?

livingston, are you a scalper or more of a short term position trader? What are some of the techniques/setup you use to determine entry points into a profitable trade? If you are a scalper, what are some good stocks to trade?

he's gone when the chart goes down a bit. The specialist won't let it go down too far as if he will be pissed if he just bought that much stock and now it's 2 or 3 dimes lower... when the bid prints, the stock does down, when the offer prints, stock goes up, this is logically as if the...

right, you have to watch out for many factors include but not limited to: where he prints, size, quotes, refreshes, high/low of the day, double prints, perfect prints, etc...

Marv explains that one has to watch the tape from beginning to end. I have a software that looks for size and lists them so I just type the symbols in one after another to see if the short is stepping down. In this sense I really cannot concentrate on one stock to observe the full subtlties...at...

these situations are not random, although they may not largely have an impact on scalping as one is only in it for a few cents (hopefully more! :) ) but they are the foundation to longer movements/trends on a daily/weekly basis as buy/sell orders from institutions may take days to complete.

I will try to explain the story behind each of the senarios. 1. Show bid- prints the middle-never hits the bid- prints the offer -and offer become bid .......GO LONG -This is a buyer that is keep stepping up. He is absorbing a lot of stock and will probably be ahead of the ECNs most, if...

Could be a buyer and seller at the same time present and maybe that explains the range movement. The big difference between a buyer/trader is that although they both may have the same size, when a trader covers his position, the stock will likely to go up as the supply is gone whereas a...

I am scalping as well, and as we both know, the market open, and market close are the times where we mostly make our money exlcuding news during the day, etc...though Marv's posts are important, and are the fundamentals of tape reading but I don't see how identifying a buyer, seller for scalping...

steve, are you a scalper?

today I saw on the tape that the bid just kept printing and it did not go away, then the offer prints and the offer becomes bid. ....does that mean there was a buyer and a seller and at the end, the seller was done, but the buyer kept going? btw, do you look at the openbook? If you do, which...

Not sure, but most I hear the floor is getting less and less crowded and want to join the electronic trading scene. Most commodity brokers are given a very simple database with minimal information and you have to charm them. With trading, it matters how hard you work and how smart you...

for those that trade NYSE, what do you put more epmhasis on? The openbook or level2? I know that in level2, it shows limit orders and market limit orders. I would often see huge sizes, sometimes at round numbers and I am guessing that's an institutional market limit order. What does that...

I'm just learning and today I saw the bid printed again and again but the bid stayed there. Then the offer prints and the offer went to the bid. What's going on here? My conclusion is that there was a buyer and a seller at the same time and at the end, the seller was done, and the buyer stepped...