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The Nasdaq was up nearly 50% in just over 2 months from late September to early December. Many stocks were up over 100% or more in the same time period. That's pretty damn volatile by any historic measure other than the bubble. Lots of opportunity to make money in moves like that. So, it's...

"5. Time of day, many traders miss the fact that some patterns fail at certain times of day. " Can you please give us more details of this phenomenon.

Quick, you are right that I am a critical thinker. I was trained as research scientist and critical thinking is an essential component of that trade. You never accept anything at face value without considering other alternative explanations and checking the experimental evidence very carefully...

"I cant seem to concentrate on a single pattern " Then IMO you have a real problem. I have been at this swing trading thing for two years and I can't interpret charts "on-the fly". It took me months to focus on one thing that works for me trading long and just as long to get a grip on a...

We must be talking about different spikes. I was referring to the really vicious spike of the morning of Jan 15 which took QQQ from about 40.20 to about 40.75 in less than a minute and which cause much comment on the board.

Rather than being happy that your QQQ stop wasn't taken out on the spike you should be asking yourself why it wan't as QQQ spiked much more than 0.23. If your stop didn't trigger this time perhaps it won't trigger when you would like it to, so you should understand why.

Hitman, it seems to me that you are expecting instantaneous results from the advice of others and dimissing the ideas if the instantaneous results are not there. It took you over three months to first become profitable. There is surely going to be a learning curve in incorporating new ideas...

Interactive Customers just received this notification: Use Excel to View Market Data and Submit Flexible Order Types We have recently introduced new DDE connectivity to the Trader Workstation allowing the viewing of market data and submission of orders from an Excel spreadsheet. In...

Re: Excel, try this link too. http://www.pcquote.com/products/msexcel/index.php

"Got in on a stop limit, ......." Duh, my broker has those. I just got an expensive reminder.

Well the move caught me. I was substantially short in stocks and to hedge against a serious bull move in the market I had a buy stop on QQQ at 40.31. Being a swingtrader I don't hang around my computer all day, so imagine my surprise to come back a while later and find QQQ at 40.35 and me down...

Dunno, but I applied for a free trial in Chartwiz's room way back in December but didn't get it yet. Wonder why. Meanwhile I have had a free trial at Reality Trader position trading chatroom. Doesn't seem as educational as the daytrading room was. The reasoning behind the calls is nowhere...

Perhaps Barbarian makes nearly half a mil, while being comfortable using his own approach. Personally I'd trade all day sitting on a block of ice for half a mil.

OK, now we know what TICK and TRIN are and that they can have different values depending on the vendor, so back to the original question. Let me start the ball rolling. I am very unsophisticated and I just look for divergences between TICK and the index. Higher high in index, lower high for...

<b>Have you ever tried to trade the day without an open view of your p&l??? You are making descions based on it as if the market knows how much you are up or down... I asked Stockk and Hitman the same questions and have made a few posts explaining the individual expectation of each...

No-one can reasonably answer that question for you. We don't know what your game plan was. Personally I try to avoid holding any stock when its earnings are announced. It is the most dangerous time to be holding. For the type of high relative strength stocks I play there is an asymmetric...

The distractions of the management and recruiting roles perhaps?

"I have decided to suspend my journal here indefinitely. I just find that it is too much headache to deal with. " Sorry, I thought you were posting in the expectation of receiving some feedback. If you just want to show your trading results perhaps you could post a spreadsheet every couple of...

"Or may I suggest look into one of the prop/prof firms in your area, professional traders have triple the chance of homers making it (30% versus 10%)." I doubt that that statistic has much significance as the sample of traders at prof firms is pre-selected whereas the population trading from...

"I am up $595 now, I am going to take it easy for the rest of the day as I didn't want to give back any of my profit. I am in the black for the year, just barely, but I am happy after what happened Friday." I wonder about this philosophy of quitting to protect the day's profits. It seems to...