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Super light day but I was able to pull out my sixth win in a row, 5 of 7 shooting on 3500 shares, +469 before commission, +382 after. It is so important to build large winning streaks in this game. March was my all time best at 18K, and it started with a long winning streak from February...

Considering I went scoreless for the entire first half of June, and with the July 4th splitting the week up a lot of traders took vacations, which translates into light volume, today's numbers are reasonable. That said, I missed a few critical lay-ups today which would have got me my first four...

While June was hardly an impressive showing, it was clearly a month in the right direction and I can think of much worse ways to close out the first half of the year. And what a half it was, after a rocky start at my firm late October back in 2000, when I lost money on a daily basis no matter...

Just to add to Rtharp's comment, many super successful senior traders at my firm eventually became trading desk managers, they still trade their own account, but the money they make from commissions makes it possible to take their income to next level . . . As a day trader I think you will...

Ron: Yes shorting is allowed but no bullets (minimum 1500 shares and if you put up a bullet that big and trade 100-200-300 shares you will lose money guaranteed because of commission alone). That said, if you can befriend a senior trader he may be willing to share bullets with...

Lol, that is such an "outsider" question :-) As most insider in this business would ask how much volume you do instead of how many trades. The firms (at least mine) don't care how much volume you do. Sure, you probably won't get the best of the commission rates if you don't do enough...

Rtharp: Did you get my e-mail? If not send me an e-mail at te_bai@hotmail.com

Rtharp: Personally if I am new I would choose the $2 round trip commission, he can get experience at this firm while actually getting paid! I think I would have got a check starting first pay period had I started with that! 90 days later, go find a firm with 90-100% payout if you are...

I would assume part of the "hyping" is targeted toward me. Yes, I work for Worldco, yes, I love the firm and I am very passionate about it because it gave me an incredible opportunity, and sky truly is the limit here at Worldco. I am DEAD SERIOUS about prop. firm versus homer, there is no...

Let's see: >$2 R/T commissions up to 5,000 shares Hold on just one second here, is that just the ticket cost or the entire commission? Are you sure you can buy 5000 shares for $1 and sell 5000 for $1? I know of no firm that does this for you. That is very very nice. Is that NYSE or...

Joytrader: Before I get to the specifics, you are doing fine, don't worry about it. Before I worked for Worldco I was doing Datek and Quote Tracker and I felt like I was flushing money down the toilet day trading with that set-up, if you are making breaking even with a crap box like...

A few suggestions: 1) If you started a month ago, you started in the toughest market environment possible. The volume and volatility has not been there, and many many professional traders at my firm are having a hard time. Therefore, if you can control your losses, don't feel bad, you are...

An extremely poor open bailed out by a few lucky rallies, have to say I was very lucky today to have not blown my pay period and while I did not make $5000 this month as I planned to, it was respectable for a summer month. Stay tuned for the July thread in which I will start later . . ...

One game left in the first half of the year and I was able to pull out my 7th win in 8 games. Those $500 day's do add up (afterall if you can average $500 a day, it is 125K a year), and tommorrow I just want another solid base hit, no need for home run's. This morning I was able to step up my...

Rtharp: I just feel he should start out with something slower and easier (MO, DIS are good stocks). Anyway he will not be allowed to trade the following stocks at WLDC as a new trader anyway (list updates every Monday): CRA, DIA, DOX, EMC, GS, IBM, IRF, LEH, LH, MMM, MU, MWD QQQ...

For me, when played properly (especially having bullets for those short days), the open is without any question the best time of the day to make money. In summer time, it has been the only time to make money for me. Ron: Your watch list is too tough for a new trader, not only half of...

Missed opportunities hurt, and in today it came in truck loads this morning with financials. The afternoon was a tough fight all along and had I been willing to take a little more pain I would have scored huge on a couple of Broker shorts . . . I was very conservative and unwilling to put up...

Stork: Our AT software doesn't color code tape (green/red) the way say Quote Tracker does it, at first it was annoying but after 8 months you get used to it. No one at my firm use colors in our tape because we can't :-( Seriously it is not a big loss, your eyes gets trained very...

It really depends on your trading style. Maybe I am too used to day trading but every day I can look back and say there are so many opportunities I missed from my morning research (and I am talking about realistic ones, for example, news hit a sector that should lead to profit yet I didn't do...

Slow day, but right now I just gotta grind out these close games. Any time I think of a small up day as a poor performance, I just gotta remind myself that a down day is a lot worse. The afternoon rally was nice but it happened on really weak volume, stocks were going up . . . but way too much...