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Wet: I don't think I have ever said anything about knowing all the answers. If you read my journals you know even on my best days, I put down exactly what I missed, what I should have done better. In every monthly recap I listed a lot of things I must do to improve my game. I also don't...

Hey, our mood changes with how we perform, is that wrong?

Qwik: I am totally against the ruling against small players, but there really isn't anything we can do about it so I was just trying to point out the fact that at least for us it is not that bad. Although yes I do wish the discount brokers can put up something against this...

I actually think the volume will go up. The game is about larger players moving the market anyway, with one 4 to 1 margin trader making up the volume of many small potatoes.

TradeMike: I DO agree that individual day traders top out at a few millions a year, but personally I would take that any day. You mentioned many hedge fund guys but most hedge fund guys I know are heavily into derivatives (Soros also did currencies), and I don't think it is a fair match...

Qwik: A 9 month small potato trader don't get quite as much benefits :-) I have 4 monitors, CNBC, CNNFN, our team was supposed to get a Bloomberg but a guy who used to work with us somehow magically transferred to his name when he moved to another branch! Instinet and Squawk Box for...

Mike: First of all I don't think you are hyping your site as nowhere in your post you advertised it, having the e-mail address as your signature or even the name of the site is ok in my book. Saying you can't make money day trading is going to generate a lot of flames on this...

If you are swing trading, why don't you give paper trading a shot before you use your own money? I mean afterall as a swing trader you are not quite impacted by the fills and slippages, and your paper trading result will be actually useful.

Jea Yu doesn't trade, and his site is on of the frauds. 100K with 2x margin will get you 4000 shares of a $50 stock, that's less than a single position of a top tier day trader. While I agree at the highest tier of the game hedge funds will inevitably need to have overnight positions, I...

13th in a row as I have finally made my way back to an all time high on P&L. It has been 3 months since mid-April when emotional issues coupled with a tougher market broke me down. A wonderful way to finish the pay period off as I have captured $4200, $800 shy of the goal I set for myself...

12th in a row as I finally hit a $1000 day after 2 and 1/2 month's worth of scoring drought. 7 of 7 shooting on 3400 shares as I absolutely shottoday, +1104 before commissions, +1018 after. Hopefully I can pick up the momentum and close the pay period out with a strong performance on...

11th in a row as I am now on my all time best. While the progress I have made this month is nothing more than pocket change, a day in the black beats a day in the red every time. +856 before commissions, +552 after, 5 of 7 shooting on 6100 shares. Again I played the morning and mostly ignored...

Yet another light game as my body and mind was not ready for this game today . . . My brain simply doesn't allow me to trade aggressively and during the open I was a step slow on every trade. Even if I have been making peanuts, I would love to keep this winning streak alive as I have matched my...

Light day as I failed to capitalize on yet another energy sell-off. Pretty busy with talking to people from Boca in the afternoon so didn't trade. +273 before commissions, +201 after, 2900 shares on 4 of 5 shooting . . . Holding on to a 9 games winning streak and hopefully I will be able to...

Part Two: Road To Profitability I just spend a year with zero progress in my account. I was lost. By then a lot of other people got blown out of the water thanks to Markman's screens, which really is not his fault as everyone thought they were smart in a bull market, but it made me wanting...

Part One: The Newbie Stage I grew up in China where the concept of the stock market didn't exist. I made it here to the U.S. when I was 12 years old and my family never had any real money to invest in stocks. About 3 months after I landed in New York, I got into an confrontation in...

This is a much more comprehensive one: http://www.mobydata.com/comp.htm

Why put up a 1500 shares bullet when I only used 600 shares? I wonder why don't I be more aggressive with my sizes with the way I have been shooting off the open. This morning double downgrade on EMC and a full line of bad news caused a heavy sell-off, and it was the classic sell and hold type...

I was drained after the hardest personal decision I ever had to make. So today I simply didn't have my usual energy level . . . Still managed to pull out a win and extended my winning streak to 7 straight, +507 before commissions. +395 after, 4 of 6 shooting on 4800 shares. Pre-Market...

How long have you been trading? Are you profitable overall? What style? What Broker/Software/Equipment? Losing is part of the game, and getting blown out is part of the game too, accept it, have a good holiday tommorrow, and come back to play on Thursday. There is no magic bullet, if...