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There was a story in WSJ about smaller average order size on the exchanges. Now the average size is under 800 shares down from 1500 shares last year. I understand from people who were daytrading during 1998-2000, that institutions would throw in crazy orders all the time like buy or sell 25k...

I developed a simple strategy where i would trend trade the QQQ, always either being long or short based on whether the QQQ was above or below the 20 day moving avg. At the same time i would always write at the money puts and calls (short straddle) each month. rolling it over every month. A...

There is nothing wrong with quitting either. If that is what your heart tells you to do, then do it. There is nothing wrong with quitting trading and doing something else. For many people this is a smart decision.

I know it. You will be back in the game, and at some point you will be able to say it was all worth it. When i was 21, i turned 5k into 100k trading options. I then lost it all. For the next 5 years i wondered if i would ever have 100k again in my entire life. Then came the 1999...

I can see the mkt going up but can't identify any longs to buy. I then trick myself into thinking i see a weak sector or 2 and load up on shorts. But then the weakness fades as the spy keeps rising. I did the opposite in Feb during the selloffs. I have a hard time spotting any breakaway...

Prox, that is my game as well. Problem is there is alot less relative strength/weakness this year in stocks versus futures. I did great with this strategy last year, and have been getting my butt kicked this year. Because there hasn't been enough volatility in the stocks relative to futures...

I don't see a liquidity problem either. Sure there is not liquidity at every penny, but there is plenty of liquidity 10-15 cents away. All the liquidity you need. I'd say lately there is even more liquidity than ever 15 cents away from the market. Just try to get one of these stocks to...

For those of you who daytrade the s&p's and nas100 futures, what percentage of your trading days are up days?? Is it possible to make money 4 out of 5 days as it is in stocks? I know that for stock daytraders, a percentage of 70-80% success is very possible. I was somewhere in the high 70's...

and i put that large metal box under my matress. My dog likes to sleep under the bed next to it. You never know when the "excess trading profits" wil stop coming in.

I looked at a number of intraday charts on a wide range of stocks in different industries, and compared the trading patterns from last year to this year. The Vix was at a similar low level this time last year. So i compared apples to apples as best as possible. It is remarkable that the...

Anyone else find it odd that as the market continues to drift higher and higher, the volume gets lower and lower. Friday was one of the lowest volume days of the year, yet the market rallied and closed near the high for the current move. I don't have a clue what this means if anything for the...

I guess the biggest change i see is that there is no longer an Ebb and flow of 10-20 cents. I used to see the prices of individual stocks (NYSE $50 range) ebb and flow. You'd see large short seller orders step down for 10-30 cents now and then. Other times buyers would come in pushing the...

using your semi example, i looked at a few of the higher priced stocks such as KLAC. There was a nice 60 cent trade from the open to 10:15, and then another 60 cent trade from 10:30 to 11:30. But other than that there was not a single 25 cent trade. And the only reason you got those two 60...

It seems increasingly hard to get these stocks to move. I thumbed through a number of charts from friday, and its amazing how many 30 minute intervals did not contain a move of 25 cents or more. I watched a stock go up a buck one day last week, and there wasn't a single good day trade all day...

Still trying to figure out where i can get intraday charts going back to last year. There has been a big change in the way things are happening on the nyse this year vs. last. It seems that there are far fewer 30 minute bars that have a 25 cent or greater range than last year. This...

I want to be able to pull up a historical intra day 5 minute chart for a stock. For example, I want to look at the 5 minute chart for IBM for monday's session. Anyone know a website that i can get this info for. I see many websites will give me todays intraday chart. But what if i want...

Most day traders will tell you its a sad existence right now. Its a swing traders market. I'm overtrading right now and seeing my P/l churn and slippage away.

Anyone know a site that will list stocks with a daily range greater than $1? I believe there is one, i just forgot what it is. Also, anyone have stats on daily ranges of stocks this year versus last year. It seems that there are fewer stocks with a daily range greater than 3% than there...

The home builder stocks have become nearly untradeable for day trading purposes. The daily ranges on these stocks have been piss poor for 5 weeks now. Often i've been seeing daily ranges of as little as 75 cents. Even through this weeks earnings, there were few good trading opportunities...

When stock trading is good....I.E. lots of volume and volatility it is almost a free money marathon. When there is alot going on in the mkt, I.E. several sectors moving good with lots of volume..... I'd say that i have about a 85% success rate on the day. When its lackluster, like right...