Search results

You make a good point and i think you are probably right. I have a lot to learn. I also think i must have did a poor job of wording my original post. My target and stop have not been 1:1. My stop has been double and larger than my target, which i was asking for comments upon. I was able to...

The top 10 average volume stocks and etfs. Most often top 20. Take the top 20 from each day and put in a portfoilo at SeekingAlpha.com Do it every day for a week or 2. Portfolio will show both volume and average volume. Cull the stocks and etfs that don't suit you, until you are left with 5 or...

1) I have a living, am just bored and wanting to learn intraday. 2) Note i said usually 5000 shares and when i gain confidence 10,000. 3) Broker gets 6.95 per side regardless of size. 4) I never give trading advice. Not qualified in the least. Thread title was "Need advice". 5) I've been...

Thanks for your comments maxinger. I tried looking at ladders. It wasn't for me.

Need 3000 shares at a time minimum, and even then, that's just for practice. Usually 5000 and plan to work up to 10,000.

I'm still learning intraday. Today i had 9 round trips, 8 were profitable and 1 stop. I only trade the same 1 stock and 3 ETFs. Positive trades average .02 target (some .01 and some 0.03). Stats show i need double the risk to reward, or a .04 stop or even .05. Most of what i read, makes me...

I can't give you general trading advice, but I am qualified to say there's a ton of wisdom in working your trading business part time for 6 months minimum (preferably 12 months or more) while you have the safety and comfort of your other job. It's just good business sense, no matter how good a...

Nice going - not to mention the personal satisfaction, which is often better than the profits. Well done!

Many Thanks - will do.

Do you mostly rely on first 2 bars for direction and simply use a super tight stop (and of course choosing an instrument that trended your way yesterday and pre-market)? That's as good as i can come up with. I've not found gaps particularly helpful, but i may be missing something. Welcome to...

Today, i did 4 round trips on TOS. I only do market orders. Here are the times today's orders were entered, and the times they reported as filled. Entered:09:45:06 07/16/18 ...... Filled 09:45:06 07/16/18 Entered:09:48:05 07/16/18 ...... Filled 09:48:05 07/16/18 Entered:10:26:03 07/16/18...

Would that perhaps be a line chart? I use line charts sometimes and wonder about their popularity and usefulness.

Peter, let me ask ... for scalpers trading 10,000 shares of a high volume stock at a time ... are most of them doing market or limit orders?

Hey Jon, is there a way to add AndersenBands to TOS? Thanks in advance!

Turns out ... In a cash account, buying power (BP) does not recycle after you exit a trade you opened that day. You have to wait 2 days for the stock to settle. If you apply for a margin account, your BP will return back to beginning of day after you execute a day trade. In a margin account...

It is not margin enabled. I meet the 25K minimum for daytrading many times over. I did not visibly check the buying power showing in dashboard, since available funds were over 4xs the cost of the shares. They are probably right and i shouldn't be complaining. Live and learn. I just wanted a...

If what the Ameritrade person tells me is correct, then if i do an intraday buy and sell with 100% of my capital, it will then be 2 business days later before i can place another trade. Does that sound correct?

Hmmm - Ameritrade explains like i have copied below. The Securities and Exchange Commission considers settlement to be two business days after the trade date on stocks. Therefore, when you sell a stock, the funds are not available for trading or withdrawal until two business days after the...

I had another hiccup at Ameritrade today, more than 2 weeks after i started this thread. I'm a big fan of Ameritrade, so this isn't bashing them, but it does make me wonder how common blunders are. At about 43 minutes before today's close, i get the error message ... Order rejected: You do not...

Thank you Xela! You & Handle are both on my "must read" list.