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    July Trading Journals

    TraderRX: I am not sure why you assume a scalper must live with 20 cents gains and 20 cents stops. The definition of a momentum scalper is someone who DOESN'T hold through wiggles. I take a position, it moves, move over, I am out, one move, one play, doesn't matter if it is 20 cents or...
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    July Trading Journals

    Good game to close the week out as I finished the week +$1200, not a great week but at least it pays for the Boca vacation. A very quick and solid open even if I missed a huge trade in MU off the open. Very very blue collar trade as I put up the bullet and cancelled it before it was confirmed...
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    July Trading Journals

    Gh2: If you read my posts I have never advertised my style and said it is THE way to go. I merely told people what I do and I even told them what are the critical weaknesses in my approach (trading too many stocks, instead of learning selective specialist habits). I told people what...
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    July Trading Journals

    Looks like this week my performance came back down to the earth, yet another ugly, ugly game, and I had to rely on bottomfishing some stock I never trade to get back in the game. Just grateful that it is not a back-to-back loss, as I nearly missed every shot after what was an acceptable open...
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    July Trading Journals

    Def: Because someone earning a few hundred grand a year is probably not using IB/Quote Tracker, is definitely not a newbie and already makes more money than 99.99% of the people on this board and probably doesn't need my advice nor anyone else's advice for that matter. Because a...
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    Help: Intraday Trading Range Scanning

    CNBC was one of the first places I looked, the problem was that the daily range parameter is generated with today's data, instead of an average across last x number of days. This is a problem with most screening softwares on the Internet, even BEI, I prefer writing my own code and back in...
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    are there "bullets" for nas stocks?

    Lol, for some reason I had this LONG biase today, I don't know why I have a lot of trouble trading technology stocks in general. They seem to be very choppy for me on most days that why I usually don't look at SOX until past 10AM. Just in case you are interested, I crammed my way to S7 in 2...
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    July Trading Journals

    Trader RX: Forget about $2000 a day, if you make 1 point off 500 shares every day that's like six figures a year! In a year you will have like 100K then you can trade much bigger sizes! Or show your trading record to any prop. firm and I am sure they will accept you in a heart beat...
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    July Trading Journals

    All good things eventually come to an end, and I simply could not make that one shot to push me into the black today. The 15 games winning streak finally came to an end as I dropped my first game of the month after a frustrating defeat. 7 of 16 shooting on 15800 shares, +99 before...
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    Help: Intraday Trading Range Scanning

    Something is definitely wrong with the above list. CRA, DNA, PGR, MMC, MMM, just to name a few are far more volatile than some of the names on the above list as far as trading ranges are concerned. I am subscribing to QP2, thanks for all of the suggestions.
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    Death Blow to DayTraders

    GH2: If you are trading for a living, then you will feel the pressure, plain and simple. The only traders at my firm who doesn't feel like crap after a big down day are those who have been at it for such a long time they already made millions, and even then, if the number is large...
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    July Trading Journals

    Magna: Too many of those wins were in reality, flat days, (like today) where I just squeezed above black. Back in April I made more money in one week including one down day than this entire 15 games winning streak combined, so as good as it feels to be on a roll, I must continue to play...
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    July Trading Journals

    Highest volume of the month as I churned my way to the 15th straight victory. Quite honestly there was zero reason to trade during the dead zone and the afternoon but I could not stay away once I took a hit in the dead zone. +668 before commissions, +233.77 after, 8 of 17 shooting on 15300...
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    are there "bullets" for nas stocks?

    Magna: It depend on the stock you trade. Typically I find thinner stocks to trend a lot more smoothly than liquid ones. Any size in a stock like GE or IBM probably doesn't matter, but in a stock like AGN it can be vital. Also first and last hour of the day I typically don't see much...
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    Help: Intraday Trading Range Scanning

    Wet: Why buy the cow when the milk is free?
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    are there "bullets" for nas stocks?

    I don't trade Nasdaq so I can not comment on OTC, but here is my experience with listed. I am near the point where I will say goodbye to natural shorting, in other word if I don't feel there is a need to put up a bullet, I probably won't take the short. Keep in mind I don't do much size...
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    Help: Intraday Trading Range Scanning

    Wet: My point is $40 a month is enough money to pay for a Metastock EOD data feed (I know the program is expensive, but it is not too hard to get a copy if you know a few pirates), which is light years ahead of BEI. Also, if it really is something that helps me in trading then I...
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    Help: Intraday Trading Range Scanning

    Gh2: While everything you said is true except the many years of trading experience (9 month here), it is rather the principle. You see I borrow a friend's briefing.com login at work, because I am not going to spend that $10 a month if I don't have to. Spending money for something you...
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    Help: Intraday Trading Range Scanning

    I trade a large variety of stocks and every once in a while I need to rebuild my watch list. My criteria is NYSE, at least 200K average daily volume, and at least 1.5 point average daily range, sorted by industry name. I used to have Big Easy Investor to do this until they started charging...
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    July Trading Journals

    Tough game but I managed to extend my winning streak to 14 straight games and I have already completed my summer month's goal of $5000 (mis-calculated my P&L the other day). With almost half a month left, I am looking to smash earnings estimate. +629 before commissions, +414 after, 3 of 7...
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