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    Daytrading profit potential

    Anyone care to comment on this thread? I thought it would be interesting to see how well the big successful traders are doing. I guess no one is making big money (LOL)....
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    Daytrading profit potential

    I am curious as to what the folks here on elite think is the maximum amount of money a daytrader can make in a year? I guess I would use the example of trading with a prop firm where buying power is not a problem. I have heard of several 7 figure traders throughout the country - although there...
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    Anyone here trade just one stock?

    Do you guys who only trade 1 or 2 stocks often find yourselves overtrading? This would be my biggest fear. The market is really cranking and there is a huge seller in my stock(s) and I just keep chopping around trying to make something happen. Meanwhile you have spent a ton on commissions. Or...
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    Upping position size/# of positions

    Thanks guys (any maybe gals) for all the helpful responses. I do not know if the traders who would put on 200 or so positions are still trading but I do know they made lots of money when the getting was good. These guys would hold their positions overnight. Potrader - you hit the nail on the...
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    Upping position size/# of positions

    I wanted to throw this question out and see what kind of responses I get... I used to know of a couple of traders that would trade lots of positions at once (ie sometimes up to 200 or so). The average position size was about 1000 shares so the risk was spread out over many different stocks. I...
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    Flat Panel Monitors

    I seen someone on Ebay selling one of these big Apple cinema displays. That had it hooked up to a Dell (PC). This was a used monitor though. I have heard that the new Apple displays have a different connector that doesn't work on PC's - but I'm not sure if any of this is true or not (LOL)...
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    State Income Tax - Is it Worth it?

    Cashonly, Thanks for starting this thread. It's funny I have spent the last couple of weeks pondering this exact situation. I currently live in Michigan where the state income tax is about 4.25% (not terrible I guess). In some parts of the state property taxes are pretty stiff. My...
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    Wanted: Custom-built computer

    Anyone here have any experience with Alienware? www.Alienware.com They had one in stock at my local Best Buy and I must say it was a very nice machine. Extremely quiet and powerful. Had some sort of cooling system on it, etc. The cost was about $1700 or so.... Leland
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    Back to Trading...

    I think that CAES and TRIM are part of the NASD quote on NYSE stocks. You should be able to hit these bids and offers using something like ARCA if you so wish... Leland
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    Exit strategy

    Thanks for the replies.... I do like the idea of scaling out of positions. TriPack you hit the nail on the head when you talked about exiting a profitable position. This is where I often have trouble. I do a good job of cutting my losing trades quickly but exiting a profitable position is...
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    Exit strategy

    I like letting my winners run I'm just not very good at it sometimes:( Need to get over my mental block I guess!!!
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    Exit strategy

    Is an exit strategy the true holy grail of trading? Do you think exits are far more important than entires? I am trying to come up with some hard and fast rules for exiting my trades. The aspect of trading that is the toughest for me is to ride my winners. Do a lot of you fellow traders use...
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    March Trading Journals

    Hitman, Congrats on making money 25 out of the last 27 trading days. That is excellent. Keep up the good work... Leland
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    Rentention Rate at Prop Firms

    jem, Please check your private messages here on elite. I sent you a message awhile back and haven't gotten a response yet... Thanks, Leland
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    Don's Openings Pt. 2

    Do you typically like to short stocks using bullets on the opening print (ie your CRY example)? You said that you missed the opening print which is what you really wanted. Just wondering what your take is on this? Leland
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    trade mornings only?

    Thanks Don. Thats what I thought you meant. Just wanted to double check though...
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    New features in Realtick

    Anyone here use any of the news features in Realtick? Dow Jones, etc? Any opinions?
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    trade mornings only?

    Don you said: "look for the "trade throughs" (my favorite is the 50 cent trade through and bounce back like in LEH on Thursday...twice!!). Can you tell me what you mean by this? Just want to make sure I am on the same page as you.... Leland
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    Ft. Lauderdale Florida

    Why did Van Buren let most of it's traders go? No one making money I guess???
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    Ft. Lauderdale Florida

    Which firms have recently closed in Florida?
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