Search results

  1. L

    Trading Expo

    I was working at one of the booths and didn't get to see much of the show. The most embarassing display I saw had to be trendfund.com's crass infomercial, which played non-stop for 3 days. The Worldco group had an interesting angle on recruiting traders- bad mouthing people who said they...
  2. L

    Don's Opening's Journal....

    What kind of news would you consider enough to make you not put in orders for a stock?
  3. L

    Motivation for Trading

    Of course everyone does it for the money. But do they also do it to prove something to someone, to subconsiously want to fail and receive sympathy, to achieve success and fulfill a need for recognition or praise? There's lots of reasons why people trade. I suspect that the ones who don't...
  4. L

    Don's Opening's Journal....

    For those who have used this strategy for a while, which do you think would yield the best results- stocks with a high beta or a low beta? With a low beta, you would think they would be more likely to return to FV, although you would probably get less fills. Higher beta stocks would get...
  5. L

    Scanner

    TC2000 can scan everything for any parameters you want, but you need to do a download to refresh the data during the day (still 20 minute delayed). No options info though. Corey
  6. L

    TC 2000 Real Time

    I read somewhere that they just discontinued the real time feature and are planning to re-launch it in the spring with new features and better reliability. I used to use it, but it was so pathetic I cancelled it before long.
  7. L

    Trading Maxims/Quotes

    From Todd Harrison: "Respect price action, but don't defer to it" "Discipline trumps conviction"
  8. L

    has IB raised commissions?

    I just checked my statement for Friday's trades. I had several orders executed through supersoes and they were all charged .01/sh
  9. L

    dumb question about margin and shorting

    I believe it stays at 3-1. As far as I know, there is no more 2-1 for anything. I don't hold much overnight, so I haven't looked into it too much.
  10. L

    dumb question about margin and shorting

    The margin maintenance requirements may be higher for short positions, so consider that if you hold any positions overnight. At IB, you get 4-1 intraday, but 3-1 for overnights, same for longs and shorts.
  11. L

    Best book for Series 7 exam!

    I used the Dearborn material, including the cd for practice tests. I found the book to be well laid out and very thourough. Since I passed the test (87%), I've got these items for sale. Email me if interested. Corey
  12. L

    scalp or hold on?

    I have a dilema and this group seems like the best place to get advice. I started as a swing trader, but have been moving more to daytrading over the last few months. I've applied my basic swing trade strategy to daytrading with decent success. I basically buy breakouts and sell breakdowns...
  13. L

    Goran from tradingmarkets.com?

    I thought his commentary was pretty good, but the way he left- by badmouthing people at realmoney.com because they didn't agree with his views, was pretty amatuerish. I think his fund blew up or closed shortly thereafter.
  14. L

    Swingtrading Websites

    I learned most of what I know about technical analysis and swing trading from Gary B. Smith, who writes for thestreet.com. I believe all his archived articles are still available for free there. They go back to september '97 and are very informative. All of his work now appears on...
  15. L

    For the true novices

    No, it's not illegal. The pressure being applied to US brokers not to accept Canadian customers is coming from the Ontario Securities Commission, who in turn are acting to support the interests of the Candian banks and brokers. Their argument is that US brokers would have to be registered in...
  16. L

    For the true novices

    For what it's worth, I'm in Canada and have been trading with Interactive Brokers since early this year using a friend's US address. They don't send anything by regular mail, so mail going to someone else's house isn't a problem. I started with $5,000 US and agree that it's impossible to...
  17. L

    question for Qchart users

    I've just started using Qcharts and want several quotesheets of different sectors. I built them and saved them as .qsl files, but now can't find any way to open them. How do you open a saved quotesheet? Is this the best way to watch 10 or 15 stocks in one sector? Thanks, Corey
  18. L

    Direct Access vs. Professional Firm

    That's the main reason I've decided to go with a pro firm. To associate with and learn from top notch traders.
  19. L

    Some "Bright" strategies...

    Don, I've been looking into pairs more recently and had a couple more questions for you on this technique. You were using AOL/VIA.b in your example, so I'll continue with that. I'm only using end of day data right now, just to get a feel for how to work out the mechanics of picking a...
  20. L

    Some "Bright" strategies...

    Thanks for all your great posts Don. I'm doing some sample pairs trades right now and my main concern is stops. Unlike other kinds of trades, I know that with this style you want to add to losing positions, as you did in your example. But how do you determine a stop loss? There must be...
Back
Top