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thats CNBC for you, the same people who were trumping Krispy Kreme, talking about how people are obsessed about the freshest baked and replaying the same clip of the kreme's factory making donuts. then they turn around and talk about how atkins is negatively effecting kkd in a segment played...

I would go as far as saying that trading is a negative sum game because of commissions.

Definitely reevaluate your methodology. 0.005/share is cheap, but commissions are still a problem, so are you overtrading? Maybe you're letting your losers go too far? If you're right 2/3s of the time, cutting your losers earlier must be part of the solution.

Great post. for the questions put forth 1. Does anything (drawing tendlines in this specific case) have to be done the same way by everyone to make that item (trendlines provide support or resistance) provide quality information? No, but the more people draw it the same way the more you...

theres a good number of ETers who put themselves out there in the chat rooms during the trading day and also the journals, where some reveal more than they have to. I don't believe you need to check people's accounts to realize the they know what they are talking about.

hey, low risk- very high reward? Sign me up! no seriously, working with options and arbitrage are advanced levels of trading. options even when hedged right, the spreads between the bid and ask are large. the room for error is significantly less than with equities. Would you be open to...

Honestly find it strange that futures firms wouldn't have options and the same with equities firms not dealling with options. would be scared off by these operations at first glance. Through TradingScience I'm connected with Northwestern trading www.northwesterntrading.com other members...

Not stupid. Hard, i'm talking years at business school hard. here's a try. 1) The rate of change of dollar vs everything else is not 1:1. So going 50k to 50k will not hedge you because the ratios do not work out that way. for illustration's sake, assume inflation is 3%, to hedge yourself...

most firms will be able to give you access to multiple markets. the harder questions are what commissions they will offer you. especially since it sounds like you will be using complex strategies. Almost all brokerages will have trading platforms that handle options, futures, equities and bonds...

EXECUTIVE SUMMARY Company Toks, Inc. according to its Web site at http://www.tspnotes.com/ is the U.S. "public" entity that filed to acquire AOL Time Warner, AT&T Corporation, AT&T Wireless, BellSouth, Comcast Corporation, ExxonMobil Corporation, Fox Entertainment Group, General Electric...

i agree with everyone who posted before. The highest producer i know through trading right now came out a background of bartending. He trades share lots of 20k shares of the QQQs at a clip. simply amazing.

if you're able to find setups on daily charts, use the same process with the 5 or 15min charts. Tweak your method to handle the different nuances of the shorter timespans. Obvious tweaks are trading the shorter time spans with the time of day in mind. For instance 3:45-4:00 behaves very...

americans are resilient.

How this 'new school of traders of the 22nd (!) Century' any different? All traders have always wanted a system that was 'Perfect and Exact Consistency'; only the best traders realized that there is no Perfect system. No system is consistent in the long term. Self discipline, trading...

sometimes its hard to find strong Supports & Resistances on 1min charts, theres too many spikes and lulls in the trading day. the further back you look, in time scale, the easier and the more significant the support/resistance levels become.

i still have them on. their blather is hard to take in large doses and analysis is usually cold. as background noise though, its not so bad. Especially if there is some announcement that slips my mind, i can trust cnbc to expound hours on it before it comes out.

another great bit of wisdom.

i've had the same experience with much of my learning off of books and even many lectures. once i had started my real world training, i had to spend the first months throwing wrong/obsolete book knowledge out of my mind and learning what i see on the screen. that being said, i highly...

checked out the chat transcripts, not sure what to make of this. don't want to write it off but those numbers are out of hand. i've met extremely few who've averaged 5k a day, 2 who've avged 10+k for years, let alone almost 20k, from straight daytrading out of their office.

just like everything else, theres all kinds of people out there and so there are all kinds of successful traders. we tend to remember and look up to the ones that are generous and help; while we forget those who are all about themselves. Not like that matters to the latter but generosity is...