Search results

Commisso, You mention that it was challenging in the beginning, could you eloborate how, and the remedies you administered if any.

Comisso, Trading is a psychological war between perception and reality and where emotions play a role. This is the essence of day trading, thinking like a market maker in all respects. Thanks.

andrasnm, Could you explain how how day trading is not a good way to earn a living, this would really help me understand it better. Of course, I think day trading is great, if you know what you're doing, and not following conventional wisdom. I cannot picture a $10 billion money manager not...

andrasnm, Could you tell us what the facts are that people are ignoring.

Also, most news are for investors, not day traders.

mcgregor, By the way, which stocks do you trade on the NYSE/AMEX.

mcgregor, I agree with you entirely. I measure decent volume at 1 million or above, anything less could be hazardous. Having said this, high volume doesnt mean a very good tradable stock. Look at CSCO, its always at the top of the volume charts, but it offers very little point moves. I...

Day trading is here to stay as long you dont marry yourself to a stock, a few stocks, or a sector. As long as you dont hold anything overnight. In other words, keep moving as yesterdays stocks are sometimes nowhere today. Thats putting it very simply in a nut shell. A perfect example of moving...

Has anyone been trading any new IPOs. There are several out there. Any thoughts on KFT for trading.

A note on following conventional wisdom, yes, it does not work. If you were to read market news on The Street, or CBS Marketwatch, you'd be surprised how wrong they are in predicting market behavior, analyzing it, and giving us what they call 'guidance' and opinions as to what will happen next...

DJC, There is no such thing as a superior element. This is only in my experience, and everyone has their own trading niche. This is not to say that trading is a personal game, and subject to individual perception. However, there is a great deal of psychology and emotions built into trading...

DJC, The reason stochastics are important is that suppose a stock is falling, it stops, bounces a half point and continues to decline another three points before going up significantly or rallying. Without looking at the stochastic, the first stop in the decline would look like a point to...

Wirehead, Im not sure what you mean by setting values, do you mean setting them in a TA program or setting them as your measure to get in or out? Either way, there are three market conditions that you should be aware of. 1) Rally or Bull 2) Downtrend 3) Flatline, channeling, consolidation...

Stochastics are most effective (in my experience) during intraday. The reason being that any fluctuation should be no more than a point, depending on the overall trend and the stock. If you rely on Stochastics using a ten day chart for example, chances are that the actual overbought or...

Stochastics indicate when the market or any stock condition is either overbought or oversold. These conditions are the basis for for all trades. When the Stochastic is below 20% or at zero, its time to go long. When the Stochastic is above 80% its time to sell. Thats the general rule, but...

To make a long story short, the basic indicator in a 'no matter what' market seems to be the Stochastics. Most stocks will comply withe the laws of Stochastics, and i think this is one of the best trading systems manual or automatic. Its true, that 1 out of 5 times the Stochastic will...

Lately there has been a wide curiosity as to the use of QCharts and Esignal together and the significance of Esignal. I'd like to post what I have already send to many of you: I use two services, QCharts and Esignal, plus I use Omni Trader, which so far is less than what i expected, maybe i...

You can trade these as well, this is my total list: CHKP, VRTS, CIEN, JNPR, QCOM, OPWV, MXIM, NVDA, VRSN,DPMI, NVLS, and AMGN. Hope this helps.

xll, On the weekends and midnights, if something does take place you will see it. Understand that after hours and weekend, the rules of trading change, there is less liquidity. But for the most part I have seen certain stocks show changes during midnight and over the weekend, most stocks...

mindgame, Unfortunately there is no site that explains this, so I will upload a two screeen shots and explain what i mean. Its fairly simple, but words can't explain it alone. Give me a day or so. Thanks.