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    Trend Following

    I agree zboy. There are multipoint trends intraday, but you'd have to keep your stops very loose (maybe a point or more). That's never been my style. My stop is rarely more than .25 usually less. Then I trail it with maybe a .2 stop or less. I'd get whipped around. But i've also been pretty good...
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    Trading QQQs

    I never trade qqq, I always seem to loose. But don't bother on ase. Just hit the island. It is normally a penny spread, and there's usually 5k liquidity every penny back after the first 3c.
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    newbie-to-be Scalping question

    In all honesty, you don't want to be a scalper. Only your broker will profit. I know people who are profitable at it by using the futures, and I'm sure that you'd pick me off if you're good. I look for 1-3 pts usually, and I don't mind paying the spread if it's not more than 1/4. I usually want...
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    Trend Following

    Find me a trend that has been consistent for more than 5 days. In all honesty, that would be great, but the only trend is a prevailing downward one with occasional extreme updrafts that kill you(besides coal stocks). Lately, i've just been fading every move, both up and down, but I'm a swing...
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    How fast is ARCA?

    I didn't mention. With inca, when arca preferences ecn's, inca is last. This gives inca time to actually pull away. I know it's awful, but those institutional guys wouldn't want you to take their "fake" size. Honestly, when there's news, and inca shows 10k and trys to scare you into their...
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    How fast is ARCA?

    You already have the shares, or they can't pull them when they see the arca overhang. The shares have already been taken i think. It just takes a few seconds for your trade confirmation.
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    IB Trade fills....?

    Partial fills suck. That is yet another reason I don't really bother with nasdaq. I doubt you should be getting partials on just 100 shares. If you are, just don't be that stingy in getting filled. I usually put my orders in a place so that im guaranteed of the fill. I'd rather give up an eigth...
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    How fast is ARCA?

    It will be quick enough that it won't matter. If a mm shows up there, you're screwed cause it goes to snet and he has 20 something seconds to hold you. If you want, you can use cybercorp ecn sweep, or whatever similar software your broker has. If it were just 100-300 share on each ecn, i'd arca...
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    OT: I feel a bottom?

    Wareagle, those charts are excellent. I have been studying everything i can find on past history of bottoms, cause in the markets, history repeats. I don't think csco will be attractive til under 5 or less. It has -30% earnings going forward and almost no book value or cash per share. But im not...
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    Trading advice needed

    Ok, that would make a better case for a breakout working.
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    Trading advice needed

    Rtharp, the problem is that breakouts aren't working any more. In the past, worst case scenario, I would break it out myself if necessary. Look at mls. That was me who broke it out today. It upticked 17c and then just went into slow burn down and i took a decent loss. These things just dont have...
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    OT: I feel a bottom?

    I think we continue lower. My ratio said that we should have only been slightly negative today, instead we tanked more than expected. Therefore it's underpredicting the moves. If you noticed, it was right about that last major move it predicted right before the fed meeting, that meeting just...
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    Trading advice needed

    Aza did this to me 6 months ago when it was in the 70's. I no longer bother with glw. I just don't like aol as much now that it has merged. As for picking off specialists, I think im just going to stick with mo mainly. I used to take 2+ pts a day from him before decimalization, but decimals made...
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    Trading advice needed

    Highest on that list are aza and aas. Both i've had gap 3 points on me before on less than 5k shares in under a minute. I didnt' even know what hit me. But they're legally allowed to do that.I've found glw to do that often when it was in the 60's, but you just avg there, and get out flat. But...
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    My story!

    Don't worry about getting stopped out. That's not really an issue. You have to adhere to stops. Even on my best trading days, about 60% of my trades are losses. On some days, that number can get up to 95%. On average 3/4 of my trades are losses, but the point is to keep tight stops. You can...
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    Trading advice needed

    What I mean is that glw trades way too thick in the bids and offers. There seems to be someone for 20k shares every penny. It's like trading agr/a. It just doesn't move enough to make it worthwhile cause the daily range is rarely more than 2. The difference between that and say MO (which I trade...
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    Reading The Specialist

    I want to know where im filled, if it's near the bid, ask, or in blox. That tells me if he's buying or selling and if there are other hiden orders. It's hard to explain more, cause it's all specific to the stock, the situation, and most importantly the specialist. I keep a notebook on every one...
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    Reading The Specialist

    The best way is to take your 3k position and constantly buy and sell the same 100 shares to see how they position it. On cyber you can make all the trades you want in 5 mins for one ticket charge, and the nickle he scalps off you won't matter if you're taking him for 3k shares. This only works...
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    great new pattern

    sure. I looked at all of these in my scans and rejected them for various reasons. Zngn is a simple trenline break. It's not oversold or anything else. It probably continues downward. pop is a consolidation, the volume is probably that 12 buyer being eaten up. My guess is it continues lower...
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    great new pattern

    I took the point and 2500 and bailed at .2, I've been trading poorly lately, so any profits are taken quicker til im out of this spell. But i assume it fills at least most of that gap at 16. I've almost given up on pktr, it's much less oversold now than it was at the beginning of the week.
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