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Good post. I believe the top reason for failure and the reason for such a high failure rate in trading is: 1. People that come into the game are lazy, (many admit it) and are doomed for failure 2. High expectations from the get go, and lack of patience to trade small 3. Overconfident...

Well, classic "Too good to be true" crap. They have to trash the MT4 platform, the one I want to use. Damn, I hope these bastards get theirs later on after screwing people. Still EFX group....

If it's going to happen, it will happen soon.... I wish I could trade off this chart, first time I actually looked at GOLD in MT4, looks so easy to trade on a longer timeframe.... *Drools*

That's funny, i was exactly the same way in school. I slept through it, but I did for the reason I felt I already know a lot of what I was learning about because I did it by myself. My favorite subject was/is math and I learned everything about it and always slept in math classes and A'ced...

Good book, I actually enjoyed Trading in the Zone by Mark Douglas even more, but both would be good reads to you if you have not yet read them. Trading in the Zone changed the way I traded and I might not be here if it wasn't for that book allowing me to realize what I need to do. Just...

Two things that don't work well. Unfortunately, easy money is out of the question. Your gonna have to work hard, just as I have. Studied so much, asked so many questions on ET, pm'd so many good traders on ET to try and learn from them. You can change, it's why humans are #1, we can...

over-night leverage? Probably going to go to a big shop and put up big money. http://www.utropix.com/jmowery/PropFirms.html You could check out all those firms and see if any let you do overnights, but I'm pretty sure it's not going to be that many. VTrader Group also might do it...

How does one gain the privledge of trading on the floor on the NYSE? Also, once specialists go away (if they do), will there still be floor traders?

Double your pleasure, double your fun, With Two Sticks of Bubblemint Gum! :p *Disclaimer: I do not encourage this kind of activity..... at all*

This is pretty much what I'm going to be working with. So feel free to add volume all you newbies ;) Appreciate the help. I think I have a big enough bag of stocks for backups. Appreciate it!

This is very interesting, I'm getting some good results. How is the Price Volume calculated exactly, if you know? I like it, if I can figure out how it is calculated I think I can ask the guys at DTN to put it in for the next version.

Appreciate it, bookmarked, will read over it tonight!

I just pasted every stock on every US exchange into Prophet X and sorted by Price & Volume and it works out pretty good. I think I will find a few I like afterall. Appreciate it.

Appreciate it... I'm just looking for a way to kinda "scan" the type of stocks I like trading. I already know which stocks I like trading, but it is always nice to see if there is something better. Also, the ability to find the stock with the tightest spreads is also nice. I actually...

That's basically how I trade. *Except putting out limit orders* Do you know how to find stocks with the widest range on a 1 minute timeframe, I created a thread in the resources forum if anyone has any information. http://www.elitetrader.com/vb/showthread.php?s=&threadid=74730 My trades...

I basically like to trade stocks that move. All the stocks I trade now I've picked up by what others have posted on ET. I am wondering though, is there anything out there that will allow you to measure the distance of the top of a single bar to the bottom of a single bar? For example...

Sorry about that then, in that case...... I still don't like the idea of paying for the trades. I'd tell them to give you at least a week trial. I just don't think that is how traders should make their money, so I'm biased anyways, but.... if it's a no hassle trial thing, I guess trying...

So when they say 70% - 80% of the volume on NYSE and all the exchanges is bots, is this basically what they are referring to as happening a lot of the time?

Makes sense, so it is automated systems that are doing this many times a day, essentially, really scalping in it's true form. Hopefully it already happens on the stocks I trade: AAPL, NEM, OIH, GOOG, VLO, GS, X, and others, so I don't have to worry about it. I like it how it is.

So let me understand this fully, because I just look at the charts when I trade. A big guy flashes up 50,000 shares on the ask at say 50.20, and there is not much on the Bid at say 50.18. So when they pop up with that 50,000 shares, they want everyone to start selling, so that the person...