i use stops, constantly.
they're sometimes based on price, they're sometimes based on time, sometimes even based on things that 'can't work' like level 2. but i always have them.
and i do use RTM as one of my strategies.
ok; here's the post:
"Feel free to share where you messed up and maybe <b>we</b> can learn from <b>our</b> mistakes"
(emphasis mine).
and yet you continued to post after it.
everything? i'd suggest remedial reading skills rather than looking for a prop firm.
but even if all the...
how could you be up 450% in 2009 when you were stumbling in the market?
http://www.elitetrader.com/vb/showthread.php?s=&postid=2673201#post2673201
yet the same day you were talking about making $500 / day:
http://www.elitetrader.com/vb/showthread.php?s=&postid=2677789#post2677789
that...
surdo - cramer's got some dedicated fans out there. i'd be surprised if you couldn't get at least $25 for it.
of course, that means dealing with crappy ebay / paypal. put it up for $50 through froogle/google checkout, which i think you'd get.
tesla guy on cnbc.
cnbc reporter says something like "what do you think about people like jim cramer who think it's not a good investment?"
his response? close to:
"well, we're not bear stearns. that was one of his picks, bear stearns. he's a contrary indicator"
classic.
oh yeah, i've been not-trading a lot of the time recently.
quick trades, in out, and then do nothing.
learned long ago if i start forcing things when there's no vol, i'll give back money on bad trades. i don't like doing that.
http://www.thedailybeast.com/blogs-and-stories/2010-06-28/jim-cramer-lenny-dykstra-stock-scandal-reports-the-zeroes/
although cramer is cited as just a dupe, the main problem is he recommended lenny all over the place, when it took 5 minutes of time to see that lenny was using a martingale...
reversion to mean.
when a stock goes too far and too fast in one direction, the expectation is that it comes back in. so you're fading the trend.
upside? a good trader can get high % plays from these.
downside? if you have no discipline, you can blow up. and one trade can wipe out a...
swas - i've posted on here about some of the problems with realtick over the years. they bought this great feature called hottrend - and then couldn't properly support it, so it would be down for days on end. the eventual solution was to keep some of the basic hottrend features, but eliminate...
i finally felt sure i could succeed after a little more than 5 years of full time trading. had done part-time before that.
in my first 5 years, one year was negative (would be positive now, since trading fees have dropped considerably). but i wasn't making enough to justify the risk of...
don't know a name for them, i've seen it as well.
they work better on a setup which is already stretched a bit, and starts to break down (end of day) giving your setup - then reverses, leading to a variation of 'turtle soup' (from street smarts) or something like trader vic's 2b.
i would suspect only if an instrument (ie. futures / commodities, or hyper active stock) has a pre-mkt high/low which is stretched far from the opening range high/low.
i know that ORBs have worked on some stocks i follow which were not incredibly active in pre-mkt.