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Someone asked me the margin interests of my new broker, here it is, I paid $.11 interests and they paid me $23.97 for last month: General Margin 4/30/2007 8.950% 03/31-04/30 $17 Interest Collected -0.12 USD Money Market 4/30/2007 4.379% 04/18-04/30 15368 Money Market Dividends Paid...

I believe DNDN will be one of the best trading stocks for the week because of the FDA's final decision is this week. On DNDN's last run, CEGE is moving along with it even though CEGE is developing a competiting drug. Play CEGE appears less risky than DNDN - if DNDN is approved, folks would...

First, find the stocks likely to move and find the trend on these stocks. Play along with the daily/weekly trend (confluence) and supports/resistences. Add them to my watch list, I don't buy them right away, dead money if they won't move. I watch the volume and trendlines, play the...

Buying on dip - 50 day MA and 200 day MA has been used by many investors/traders as the support/resistence. This scan lists stocks have just off the recent high and have better chance to bounce from 50 DMA in the coming week, good swing trading stock: http://tinyurl.com/3xdsd3

Using ascending and descending triangles are some of the best strategies to trade. Find the stocks have the potential to breakout the resistence (support) can make huge profits. One of the best way to find these stocks is through ascending/descending triangle scans. With the spirit of...

Thank your for dropping by and tell us you couldn't do it. Next time I suggest you to read the thread first before embarrassing yourself. FWIW, I've doubled my monthly goal in three weeks. Cheers!

I post whatever I trade or thought on this journal, I do share what I know. My purpose is simple - I am trying to get better and sharper each day, everyday there is a new game. Of course, if this journal can help someone else, I feel even better and am willing to do more, just don't follow...

yc47ib, thanks for stopping by. Ensign is $39.95/month, and I use Esignal for data feed, Esignal costs $100/month. If you have an IB account, you can use free IB datafeed. I've closed my IB account long time ago. Maybe when I get more capital, I will open an IB account again, I've some...

pkny, I've a journal, feel free to check, I post all my trades each day: http://www.elitetrader.com/vb/showthread.php?s=&threadid=92131&perpage=6&pagenumber=46

Stock trading and future trading are managed by two different organizations, not the government. Stock trading is managed by NASD, NASD make up rules for stock trading. Any members of the NASD (uch as your brokerage firm must obey their rules. The daytrading buying power rules were set by...

pkny, today ASF moved exactly as what I expected. I guess the charts do have a use. Look at the narrow trading range after the big drop in the first hour. It closed at $34.74, right at a critical POC line (Point of Control), the day low was at 50% fibonacci retracement of the recent swing...

With this big drop at the end of the day on DNDN, I bought back one $20 call at $5.3, very small gamble - $530. I also added 1K more SCEY, I'll sell this 1K SCEY at the end of the day. Covered 300 YHOO short, the YHOO loss is almost gone. Not a bad day consider a rocky start and the tough loss...

I got some $ back from YHOO, reduce my YHOO loss to $300s. My intraday trading size on YHOO is only 300 shares, so the gains are not big per trade, have to wait for bigger swings. I think I am done for the week. Don't want to make another mistake like last night. Still hold 3500 SCEY. Have...

DNDN is at $21, what a monster stock for the week. I bought its calls everyday and sold them at the open, I am not sure if I want to buy it today. The FDA decision will be no later than 05-15, so it could be this weekend or early next week. The premiums are so high, $10 puts are at $1.50, and...

SCEY is back to $2.50. I think if SCEY can close at or above $2.50 today, next week this stock could go near $3 - wishful thinking, but it is possible.

YHOO just tanked. Missed to trade it.

SCEY $2.40 holds, I added 2K more, this $2.50 resistence will try again and again, eventually, it might pass. But I'll sell near that for this order.

True. Chart_trader or Micocap_trader fits my style better. I've not mentioned any penny stocks fit ET's definition - stocks trade either below $5 OR with less than 1 million volume. The stocks I mentioned are either above $5 or with more than 1 million volume. SCEY $2.41, I am sweating, add...

SCEY is dipping to 2.45, I'm back in 1K shares, will add if it drops more but not go below 2.40, that's the support, I hope it is just a shake, not a tank :-)

TUBR $2.25, I am still in it, the time to sell is when a huge pop up - not sell time yet, just hold for now. I only have 1K.