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Privateer nice post Program trading are computer generate signals usually done by hedge funds. These are usually executed near the end of the day. Squirrel I would study a lot of charts. Human psychology is in those charts, patterns repeat. Learn the patterns. Learn everything you...

my statement was directed towards everyone. 56K isn't enough. I did edit the original post though as it was a little bit strong. I find my quotes get backlogged during heavy market hours sometimes with DSL and Cable. I'm downloading a lot of data though. I usually have to delete a few...

Hi Guys Looks like I'm now speaking on June 9th instead of April 14th. DaytradersUSA needed to change the date with me. A quick update I'm using MSNmessenger right now to work on a few trades. Eventually I'll set up a real time chatroom when I can work out enough of the details...

Bandwidth not important? That's BS here is a copy of my friend's article. I've seen it once I have seen it a thousand times. Today's trading action with the surprise resignation of Treasury Secretary Robert Rubin, was a day traders dream come true. However, traders with slow quote...

p2 problem is Island is limit only. So doesn't matter what the order is. I tend to do about 90% of my nasdaq orders on ISLAND since I trade liquid stocks. I usually just give up the spread. I buy the offer to get in and sell the bid to leave. I'm usually filled in milliseconds. Stops...

Island is limit only but you can do a limit instantly on the spread so in reality it can be a market order. It is what I usually do. The stock traded through your price that is all there is to it. YOu placed a limit on ISLAND but there were already 10 MM sitting at that price. The...

Hi Honda I can't use SOES or SUPERSOES as I'm a member of the Pacific Stock Exchange. Every market Maker must show a bid/ask on every stock. If the market is in a heavy rally /or selloff than SOES is one of the best routes. Judge how strong the move is by the volume, size of the tiers on...

Check out the thread I started on Professional Margin of 10-1 for a few other ideas on firms. I disagree with DUSTIN I do know a few good trading outfits. My friends at FMB are super talented. http://www.careerdaytrader.com (for more info) They are traders and take a hands on approach...

nice work Baron I'll add a few reviews rtharp http://communities.msn.com/rtharpsland

LLC's aren't brokerage accounts. What the structure is is forming a Limited Liability Corporation that owns a membership to a stock exchange. Anyone who belongs to the LLC's becomes a member of that exchange It requires getting a Series 7 license now (stockbrokers license) and capital of...

John I'll be honest, the odds aren't in your favor right now. If you wanted to buy calls last Jan/Feb would have been a lot better than this year. As we were still in a bull market. Most stocks don't have the momentum. You want to risk it all to trade? That's the sign of a gambler...

Hi Limbo A lot of my old strategies don't work like they used to. (I miss those days) Technical Analysis still works. It shows patterns of human thoughts, human psychology. Psychology of the markets and of the traders trading the market will never change. Some of the old patterns...

Wrong to the above post. I can and do all the time. There are firms that will allow it, You have to be a professional. You don't want to trade with a broker though, especially Datek. See the thread on Professional Margin 10-1. All of the firms or should I say LLC's in that thread...

Gozer It's Richard Dennis ...who trained the turtles. Then there is also the system of turtle soup for choppy markets

Robert Tharp

Just got long CSCO this morning for 5-7 minutes to make a grand. I can't seem to post a 1 minute chart to show you. It's a high probability pattern. It's where a stock on a one minute bar goes straight down with a 90degree angle heavily and more than it average. It soon runs out of...

ok a few books I can't stand if it has the NAME WADE COOk for options Secrets of the SOes Bandit The Electronic Daytrader Compleat Daytrader Jake Berstein Potty Training for Traders (belongs in the bathroom) Timing the Market THe new Money Management Ralph Vince...

Ok money management /daytrading: Financial Freedom through Electronic Daytrading timing: Martin Zweig Winning on Wall Street not sure?: Market Wizards New Market Wizards Stock Market Wizards just plain good: The Art of War Sun Tzu trading mistakes people make I guess...

Windows2000 is a lot more stable, but the drawback is it is extremely picky about software/hardware. It didn't like my video card so I had to replace it Robert Tharp

Greatballs I'll reply later to show you how to check virtual memory later The thread previous this one-- if you are running Windows2000 than it's rather easy to check resources. Go to the toolbar on the bottom of your screen. Right click on it and choose task manager. Go to the...