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    a problem about probability

    I saw a Dilbert once where ratbert called "Edge" on Dilberts next coin toss to prove he was psychic and it DID land on its edge... hilarious. peace axeman
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    IB's data feed

    The Level I is SOMETIMES faster than RealTick, but not usually. My biggest complaint is that IB level 1 is not accurate. I see it off by several cents every day. Sometimes 2,3 or 4 updates that I see on RealTick are simply skipped on IB, and then they both update on the 5th one, for...
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    Giving up

    Longshot had a LOT of smileys at the end of every "im a loser line". I think he is just spicing it up a bit to make a point. You can admit that you suck at trading and still have a positive attitude. Again... not mutually exclusive. I went through this several times. But not...
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    Giving up

    Lmaaaaaaaaaaaaoooooooooo! Had to edit my post and ruin your joke :D peace axeman
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    Giving up

    El, Admitting your a "loser", because you are currently "losing" in the SHORT TERM, and labeling yourself a "loser" outright are two very different things. "Im a loser (right now)", and "I can do this" are not mutually exclusive statements. How many of us started out as trading...
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    Learning When Not To Trade

    Aaaaaaaaaaah the advantages of RETAIL trading :D Ok....gotta get back to sniping this punk at 400 yards on Omaha beach :D peace axeman
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    Learning When Not To Trade

    Yes.... but a synonym for chance is probability and when you assign a number to it, such as 50/50, it sure sounds like your speaking about probabilities. After entry, you have a chance that price will go up. You have a chance that price will go down. But if you say you have a 50%...
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    Learning When Not To Trade

    Freecell??? Duuuuude, this is the year 2002!!! Run out and get yourself a copy of Battlefield 1942, and go kill some teenagers online, in glorious 3D!!! :D peace axeman
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    Learning When Not To Trade

    Nonsense. peace axeman
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    Giving up

    Its called learning to deal with objective reality. A very small percentage of people are capable of doing this even most of the time. They prefer to live in thei fantasy worlds. It makes them feel better. Screw that :D peace axeman
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    Why NYSE market orders SUCK

    Ooooooooooh the "Z" modifier.... you mean that modifier they use EVERY SINGLE DAY when there is any kind of momentum, and report every trade as LATE as possible so everyone doesnt jump on board too fast and clobber the specialist??? hehe :D When a spec gets a big order, and is selling...
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    Nobody could be THAT stupid!!

    I often wonder if the PDT rule got rid of a lot of the dumb money the real traders enjoyed taking. peace axeman
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    NYSE rule changes

    Yeah...those poor poor SPECS need all the help they can get! NOT!!! :D peace axeman
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    Why NYSE market orders SUCK

    Im sure the SPEC's will attempt to "hide their hand" as much as possible, even if it includes stretching the rules as long as they dont attract too much heat. Fortunately, I can trade blind :D peace axeman
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    What good do daytraders do to society?

    Most the people I know "who think too much", kick serious butt in life. I would take that as a compliment any day. peace axeman ( thinking-animal )
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    AZO beats estimates and dive bombs

    So Babak, You suspect this Edward Lampert dude just bailed in one day, and everyone jumped on board? At $80 a share, about $480,000,000 just blew by. He had 5 billion in 10 stocks, one of which was AZO, so that sounds about right. Wonder how many shares he has left :D peace...
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    AZO beats estimates and dive bombs

    What I really wanted to know is... who do you think was involved in this selling? Everyone? Some big instution? Traders... what? Who were the main sellers, if any? peace axeman
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    AZO beats estimates and dive bombs

    Ok... so you think EVERYONE was basically in on the selling? peace axeman
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    AZO beats estimates and dive bombs

    4X volume and one of the biggest candles in a long time. Everyone ganged up at once and pounded it in one day, or some large entity dumped liked crazy. I kinda doubt a 20/40 cross could cause this kind of movement in one day, days after it happened. So who dumped? An institution...
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    AZO beats estimates and dive bombs

    Ok, who unloaded? Was that an institutional sell off or what? Or was there something else in the news? peace axeman
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