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The trouble with having a leader who isn't too sharp is everyone takes advantage of you. Saying the leader has "character" is like saying about a football player he is great "in the locker room". Not much of a compliment. Wall street, Bay street, Fleet street, the Bourse, Tokyo, HK, all...

bung, I'm starting to like you, but the best line on this thread belongs to crack "when I'm more intelligent than the president, something is seriously wrong" lol

the economy would be better without w as pres alot better same for the markets the israel/palestine business was progressing before w now its going from bad to worse one group is led by a terrorist and the other side is led by a war criminal. w thinks if he says some bad things...

Silver Interactive Brokers is in Canada now. You pay a one cent commission and keep 100%. On trades over 500 shares, you pay 1/2 cent commission. For all the guys making 30K per month, jumping to their own account should be a snap. I got a few doubts that Island is pleased about being...

I smiled when I read daliddleguys comments on Broadway trading. I too traded there, and though I noticed that you did not overtly criticize them, the things you wrote were right on. They were there to make money, and you knew that and gave it to them. It sounds to me like your scalping...

I have a friend who says he is a fund manager (ahem, a very small fund) I tell people the truth, I'm a doorman. Then if they find out I also trade, they figure I'm trying to improve myself. Daytrading is not the bottom rung by a long shot. I like daliddleguys idea of saying: "I'll get...

sorry rs7 but 50x25000 is 1,250,000 shares. If your shares go up a dime you make 125K, if they go down a dime you lose 125K. Why did it take months to make 94K with that much invested, and what happens on a bad day?

rs7 is dead right about fear being a limiting factor but it also part of the survival instinct. Fear and greed are the big trader emotions, and if greed is stronger, you're toast. You have to know when a certain size will change your psychology. I make competely idiotic moves when size get...

Players with tons of capital have a major handicap. If you gave me 5 million to trade I would lose 40%+ per year. But with a 30K account and semi-monthly withdrawals, an average net 1% per day is the norm and it takes an hour, the first hour of the day. The guys who can make 20%...

I posted on the wrong thread with my comment about getting back to 25K, sorry, told you I was not a genius, but since I'm here, when I talk to other traders who are struggling, it seems they are trying to outsmart the market. Now its going to do this, or now its going to do that. I don't...

I'm just a doorman who trades in the morning so I'm not as clever as most of you. I have no idea about programing and don't even understand half the comments I read here, but I sometimes get the impression that many of us overcomplicate trading. I average a net of .04 per share roundtrip. I...

If I have 5000 shares I can barely breathe. I buy stocks in the $20-30 range.

I'm just happy IB has finally come to Canada. I have heard that even for pdt you can only have 2:1 margin because of CDN regulations. Is that true def?

so, after 21 pages I finally get it. The markets aren't random, they just go up and down a lot.

I am just a doorman who trades in the morning before work. I earn much more trading than as a doorman, but I like my regular job too and I really don't like trading because it is stressful. I do it for the money. 99.9% of the people who post here are smarter than me. I can't figure out all...

The fact that IB is now in Canada is superb. Margin rules here mean only 2/1 is available here vs 4/1 in the exicted states. Cameleon, if you are going to identify yourself as Canadian, please tidy up your grammar and spelling and try to be thoughtful and insightful.

I can tell by your questions you shouldn't be doing this.

Great link, as a foreign liberal capitalist trader I found the whole article facinating and educational. Where did I once read that pride commeth before a fall and a fool and his money are soon parted?

I have never traded at a prop firm, or visited one. I work from home, at one time with Broadway, now IB. I think prop firms must be doing something very right, because they seem to prosper. The Bright bros have over 40 locations. Echo seems to be a going concern. Some independent...

You can use a real time screener like Traderbot to spot Nas 100 stocks that momentarily pull a jump or dip that you can jump on. Works for me. Of course don't short a shooting star on a strong day and don't buy a bugger on weak day. This style means you're not in anything 95% of the time...