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Search for David Smith turned up this website. (He wishes he was this guy) http://www.smithspeaker.com/introduction_for_david_l__smith.htm

Lobster I once made a good profit on the exact scenario you just explained. It was kind of laughable I quickly was trying to close my position (long calls) into a short covering panic rally , canceled the order then resent it at a higher limit. It turned out that I had not canceled quick...

I do this type of trading alot. I prefer to go out an extra month ar so because if the stock trades sideways for a longer period than you hoped you wont get much time decay. I pay more attention to the strike price and entry. If I am pretty confident of my direction I like to go AT or IN the...

I used to play the horses and statistics show that the favorite wins an average of 30% this has been true for decades. I thought I had the perfect system and it worked on paper for weeks. I would bet the favorite to win about 1 minute before post time, If I lost that race I would bet the next...

FasterPussycat LOL This site is great. Where else can I get my daily dose of comedy mixed with a little trading education. :p

I consider my self a day trader however I have been too busy lately to trade every day so I have also been loading up on some choice NYSE and NAS stocks incl some qqq calls. I wish I could say that the pathetic late day rally was more than short covering but to me it felt like only a small % of...

I think the market we are in right now is controlled almost 100% by traders. There are almost no dumb retail buyers. On days that the market starts to rally, stocks that don't move up instantly get thrown out the window and the ones that are moving up get more action. The instant access to...

I trade qqq for ease of shorting also many other stocks that I think will have a 2-5 day move. Just sold tyc, dna, klac. Currently holding drooy, mso, kkd I also buckle my seat belt and trade Medimune intraday almost every day. Wish I was flat tonight :(

Every now and then I do some stupid things trading but this was by far the my worst blunder yet. Over the weekend I was bravely holding KLAC and QQQ calls, also Long TYC, DNA and was trying to watch all my positions for best exit. I also trade MEDI every day and was long and short several times...

Kymar This is so good I think I am going to print it and frame it. thanks for the laugh :D

I have spoke to the programmer at GTT Trade log and to some people at PD, they hope to try and figure out how to make Trade Log work with PD statements. There might be something better than GTT Trade log though. I have had some problems with it. These companies could make a fortune if they...

If I knew it was legal to own 500 xyz short and 500 xyz long and sell my long position into weakness, I would do it. The extra capital should not be of much concern if the method worked. Think of how nice it would be to get short at will by just hitting the sell button.

I have spent hours studying the possibilities of being able to short stocks on down ticks. I trade some stocks that will often slide 1-2 points with no up tick. I was hoping I could get short my stock during a up trend then at the same time also go long the stock (equal position long and short)...

I use GTT Trade log for my year end trading report for IRS. Are traders at PD entering trades manually for annual trade reports for year end tax purposes or can you download the whole year at one time into some sort of report software.

The direx platinum is the only one that will support multi monitors. I am also thinking about moving to PD and have spent hours on the phone with them. Just wish they had on line options and better charts. PD seems to be in a constant state of improvement so I know it wont be long before they...

I only hold options over night not stocks which really limits my risk. If the market opened low with a huge gap after an event similar to 9/11 I think buyers might step in a little quicker than they did last Sept. The markets proved that they can handle some pretty bad shit. Looking back, I...

I am currently using Briefing.com for my news feed and quite often find that they are missing news items that could really affect my trade. I really like the one stop shopping that I get from Briefing and also like the the auto refresh feature on their Live Headline page. I want the quickest...

hans130 Are you using another charting service or are you using only Pointdirex. I was about to open an account at PD but thought their charts were a little disappointing. I am still considering PD but I have to take a closer look at Tradestation with their new lower trade cost. .... Hard...

If I decide to use PD I will use the Platinum system. I currently use 2 monitors and I am told that the Platinum is the only one that supports this. I would be open to using another charting service if the cost was not over $100. per month. I have looked at the charts on the PD simulator and...

I also would like to know about this. I am thinking about changing my trader statis and printed form 3115 along with the instructions what a mess. This might take until next April 15th to fill this thing out. I also await a reply to this.