Search results

I run a filter during the day to catch large gaps. I had dozens of them hitting at once, when I usually get about 10 a day. Luckily I heard the rumour of the accidental sell program soon enough and recognized it as an opportunity and started buying whatever I could get a fill on. It was...

Lately I've been averaging about 65 stocks each day. I currently have 82 on my list, but pare it down each day because of news or the technical picture. I like to get 4-7 fills each day, it's about as many as I can manage efficiently. The days with 15-20 positions still do well, but you have...

Don, are you saying you don't pass this fee on to your traders? I mean for real orders on the specialist's book, not held in reserve or on a server.

3 shorts, 5 longs. 4 wins, 2 losses and 2 scratches for +.57 before commissions. Big winner UTX, big loser MCD. September ended up the second best month of the year for openings for me, but it was definitely the most consistent, with only 4 down days. Stats were as follows: Fills 129...

4 21" monitors for charts, a 19 and two 17's for order entry, a laptop for spoos chart and a squawk box. Trading all listed stocks, mostly sectors and scalping a few regulars every day. I trade remote with a pro firm using a cable internet connection. 300 point moves in the Dow are like...

That's about as clear an explanation as you can get, and for most traders I would think it's a pretty simple concept to grasp.

I see what you mean, maybe I misunderstood. You want to see 10 different symbols at once, I thought you meant you wanted to see each symbol in 10 different charts with different time frames or indicators. I don't know how to make FA do that.

This has to be one of the most often asked questions on this site. There must be 10 different threads by now entitled "what are bullets"? Hey moderator, how about a FAQ?

Can't you just set up the different charts you want in FirstAlert and link them? One symbol would populate all the charts. I use FirstAlert too and this works for me.

Only two fills today, both shorts. RTN +.31, APD +.29. Lucky on APD because there was news on him and I forgot to take him off my list, which I normally would have done. With only two fills, I was able to watch them a little more closely and pull more profits than I normally might have...

7 shorts, 2 longs. 7 wins, a loss and a scratch, .69 before commish.

Originally posted by ThoughtfulFog Yes. I lost all my money a couple times over. These are the kinds of problems that keep Dr. Phil in business. If you have a thorn in your foot and it hurts, but you don't take it out, it must not hurt bad enough. It could also be that you...

Sure there is. You consider the stock's liquidity and volatility when deciding on where to place your stop and size your position accordingly. Slippage can take a lot of cash out of your pocket, you'd be smart to plan for it.

When I decided to get serious about trading almost two years ago (after years of pissing into the wind), I went into the archives of his articles and read every singe piece he wrote since he started in Sept '97. I'd been reading him for quite a while, but sitting down 7 hours a day for a...

I had 13 shorts in about 30 seconds this morning and was crappin' my pants. Canceled about 25 unfilled short orders and got 1 long. Left boatloads of money on the table, but that's to be expected as I can't manage that many fast moving positions to well. To avoid the huge spreads that happen...

If you are a new trader, I think you are starting off in the deep end and need to work on some basics first. A new trader should be more concerned with the basics of money management, and technical analysis and a very firm grasp of the concept of expectancy. You're not at the point yet where...

Tony, I had HI too and played it exactly the same way you did, got out with a 3 cent loss. That's the last fill for me on that stock, he's off my list now. I've tried him over and over again, he can make some great moves, but the risk isn't worth it too me. 6 longs and 1 short, 5 wins, a...

What about trading the trend of a spread? From my limited pair trading experience and watching, it seems that you can get some great trends to follow. HD/LOW has been in a beutiful trend for weeks now. This would be the opposite of looking for convergence, but would seem to work too.

Just kiddin' buddy, actually I bailed all my shorts at once on that one. That was the right thing to do at the time, but HRB didn't follow the playbook. Just irksome to leave that much coin on the table.

The market is a ruthless taskmaster isn't she? "You WILL submit, I WILL break your conviction!"