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    Why aren't there more Billionaire traders?

    mr19 is does trade 5m/day but much of the volume is on the open/close. I've begun avoiding the first and last hour, especially the first since I've found this is when almost all of the reversals happen. 80% of the prints are 100 shares. When placing 1000 limit orders you're inviting people to...
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    Feeback for my very simply trading strategy

    I use power etradepro which is decent software but doesn't offer backtesting. IF someone could backtest for me over various time periods it would be greatly appreciated. Is there any software that offers backtesting for under $100/month?
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    Feeback for my very simply trading strategy

    My strategy doesn't get any more basic. I've been a full time investor for a couple years and as such have been following the markets a few hours a day from open to close. I noticed I should be able to take advantage of the market's momentum but haven't day traded until lately. My theory is...
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    Why aren't there more Billionaire traders?

    Well after a few weeks of trading larger lots than before liquidity really is a serious problem when trading 6 figure amounts or more. In this case the only way to go becomes trading the spiders really. I was trading First Solar, a $10 billion company, but even it only trades about 1000 shares...
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    What percentage of the market's historical gains are made intraday?

    Interesting link. When I asked what % of a stocks gains were made intraday I didn't expect it to be negative in many cases! What did they use to calculate this?
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    Why aren't there more Billionaire traders?

    tradersboredom, people play poker with other people's money all the time. Nevada is the only state where it's legal to play with the casino's money and they're called shills. If the Hedge funds are the best traders out there there isn't much hope considering how poorly they've done lately...
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    Anyone know of a good site for customized charts?

    I need a site that allows for customized time frames like finance.google.com but google with intraday data. Google has a sliding scale which lets you set any time frame start and end date but for some reason intraday data doesn't exist. I want to see a daily chart for any day in the last 10...
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    Why aren't there more Billionaire traders?

    the QQQQ and SPY trade 200 million shares a day. This is enough liquidity to make a billion. I've never done paper trading just like I've never played poker without real money involved. Part of the skillset required in both is controlling your emotions, and there's no way to practice that...
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    What percentage of the market's historical gains are made intraday?

    In other words, if the S&P has appreciated 8% a year over the last 100 years what percentage of that gain was made on the open? Any experienced trader have a good guess? This is a very important statistic since if a reasonable chunk of the market's gains are made intraday and you pay no margin...
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    Why aren't there more Billionaire traders?

    Traderzones, I played professional poker for a living where 95% of players lose. OF course, at the stakes I was playing at about 80% of the players at any given time were winning players. This is because at high stakes the rake of $30/hour or so that the house takes in inconsequential and also...
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    Why aren't there more Billionaire traders?

    Hi, I've been a full time investor for a few years. Before that I was a high stakes poker player. With the recent volatility I've decided to put some of the trends I've noticed to the test and try my hand at day trading. I've read books by authors who claim to have been trading full time for...
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