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Just wanted to know the difference between trading NAS and NYSE stocks. I've been only trading nasdaq issues and have read a lot of you strictly trade NYSE issues. What are the differences? and what advantages do they have?

was able to get the demo going... but I cant seem to find how to pull out levels of indices (nasdaq, sox, nbi, etc) also, when you put in a lmt order and it takes a while to complete even when bid/offer is there, does it mean it is trying to get a better price or it is still looking for the...

I'm trying to run ib's demo but whenever i get after the login it just keeps attempting to enter without success. I do have the java jre 1.4 installed. Does the demo work, or is it not available at certain times? By the way, does it work behind a firewall? Do you guys use firewalls in your...

ok. I get it. thanks.

def, its good to hear from someone actually from the firm. sorry but what does professional rate mean. I'm not classified as a professional, so in this case, what would a retail client's commission (and total charge) per trade be?

I'm looking to switch brokers. I'm currently using datek although things have really deteriorated badly since the merger announcement w/ ameritrade. I read a lot of stuff about IB here and hope IB vets can give me info since there seems to be some complicated stuff involved. 1. I read about...

Using weinsteins method did good during the bull run and the big drop. Also when 9/11 came and the rebound thereafter. I think it still basically works but you need to have a trend, i think around at least 2 weeks or so. Recently (past few months), though, it hasnt really worked because the...

How do you pick stocks after the market has moved up or down big intraday? I ask since I've noticed I have difficulty in making good % gains on such plays. For example, the mkts go down 2% in the 1st hr, with stocks moving down 3-4%, after 1/2 hr or so, a new base forms and mkt may either...

win/loss ratio is 17:13 with about 4-5 of the 13 losses stemming from shakeouts. Winners on average are about 1.2% while losers run 0.9% on average. The % returns are already commissions- reduced. Looking back at my record, I did notice that the % gain for winners has been coming down... I'm...

That's good advice Jorge. I hold 2-3 positions on average, like you, I feel it sometimes gets a bit confusing once I hold 5 or more issues. I just try to keep things managable. What time frame do you use?

You're right trader99, there are 2 ways, I just dont know which one. I know things like this fall under the 'subjective' topic and to each his own. I'm hoping that you guys who are a lot more experienced than I am have seen the pros and cons of going about it. And if there are any...

As a daytrader, I still wonder how others like me trade big up/down market opens, like we've seen lately, when there are gap ups or downs. I personally try to go with the market and look for those issues whose sector-mates are having big moves and find those that arent too far from previous...

I've been daytrading for a few months and have been slowly improving. I use 10-min charts and find short bases trade break out or break down following the nasdaq's movement. In trading the breakouts and breakdowns, I take whatever gains, not really going after big gainers if the market slows...

I'm slowly learning to daytrade and am wondering if it is advisable to learn to trade the pre-market. I ask this because I've notice lately that a lot of the movement occurs in the pre market, although I've also observed the thin volumes and varied volatility. Which is why I turn to your...

Again I'm new at this, but in using big volume to scalp, wouldnt it be cheaper on commissions to use brokers that have flat rates rather than those who charge on a per share basis? Or is there something more to it than what I understand.

Thanks for the intro info on e-minis... which brokers offer e-minis? Do all online brokers allow you to trade them? And which ones are better.

I'm new at trading, and am wondering what e-minis are and how they work. Is there a place to read up on them?

Bone mentioned e-minis, as I've mentioned I'm new at this, what are e-minis, and how do they work? Are they like bullets that only guys in prop firms can use them. Also, I noted that people say it is better to scalp NYSE issues than nas issues. Why is this so? So far I've been mostly...

Thanks NYC! That's as clear as it gets. Am I right to assume that scalpers take about 1 or maybe 2 positions at a time only since your only running after the quick gain? And how does cutting losses play its part, since you'd have to be quick at it or else 3-4 winners may be offset by a...

I'm new to trading and basically do a bit of day trading and swing trades on stocks. I've seen a lot of posts on scalping and from them understand them more or less. Hope you experienced guys can tell me how much of a spread a scalper looks out for. I guess his is important since you pay...