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Baron, Will this be active during trading hours? White

Don, "We have less than a dozen who try to use T/A for day trading, for obvious reasons." What are the obvious reasons? Do you mean most of your traders don't use support/resistance, high/highs and lowers/lows to make trades. Or are you referring to something else? thanks

I have seen those quotes before but just thought that they were stale or incorrect, and could not be hit. Next time I might try. White

Could you take advantage of the situation? White

In the past few days I missed almost every train that came by, then at the end of the day I have to hitchhike home!!

yes

Waiting for the perfect setup, pulling the trigger to late,some trades look to easy "why does not everyone see this", etc.......

Tell me if this sounds familiar. You watch the morning session, just missing good quality setups or pulling the trigger two seconds to late. Then around 12:00 you look back and have one or two good trades and about five or six in your mind that would have been nice sold trades. So then in the...

"No matter how strong a pattern looks, it will ultimately fail more often than not if it is counter to the overall market/sector trend. You may get a slight movement in the correct direction but this will normally reverse, or at best, consolidate, if you are going against the market/sector...

Does it make sense to follow stocks that are outside the exchange you trade but sill in the same sector? For example, I trade MXIM and LLTC which are in the SOX. I watch AMAT since it is a leader in the industry. Does it make sense to watch INTEL? Its also a leader but trades on the NYSE...

Don Bright, Robert Tharp Maybe I don't fully understand, if you got filled at 39.5 doesn't that mean the stocks inside bid should now be 39.5, and two if someone is selling size don't you want to be short not long? White

Its seems to me that the simple system are the best. All I do is trade with the market "gauged by S&P and naz futures" look for higher highs and lower lowers, and lookout for s/r lines that are counter to the trend. In a trading range look for extreme moves and go counter to the range. The...

Guys thanks for all your post, I'm changing my stop's from a absolute system to one based on the trends volatility. I don't know why I did not see it sooner. :)

How many of you take a absolute stop. What I mean is you take the full amount of your stop no matter what. I find that about half of my loss would be winners if I gave it my full stoploss. Many times I get shaken out of a position just to watch it move into positive territory. My personal...

Don Don't you miss some trades due to the fact that some will not hit the full support, but reverse first. Do you have very large stoploss?

I have a fairly basic question. How many of the traders here scale in and out of positions. For example, a stock has support at 60, there is no guarantee it will stop at 60 or even hit 60. So do you buy 300 shares at say 60.20, then some more at 59.80 so your average cost is 60? That way you...

ButterMilk, Rtharp is right, the only downside is the limit orders. Over all its a good system. White

LelandC, Why did you stop?

I am currently trading with ECHO's simulator, its not bad but the fills are not that great, they error on the conservative side. I guess its better than being to generous. Over all its not bad and Rob is a lot of help.

I just started trading the semiconductor sector. From what I have seen AMAT and NVLS are a couple of the leaders and MXIM and LLTC are second tier. Every once in awhile the leader will move and there is a delay with the second string which provides a opportunity. From what I see the SOX is a...