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Say your buying power is 200k and you are trading a $10 stock. You are allowed a total of 20,000 shares - but you only feel comfortable trading in blocks of 2,000 shares. Can you take 10 different round trips and then average them all together for one 20 block? i.e. buy and sell 2k shares 10...

If so, what techniques, indicators were you trained to use?

andy, USZ2'CB US T Bond DJZ2'CB (Dow Jones Future not the mini) hope this helps

good job mr. sub way to go.

Good discipline Mr. Sub, wish I could say the same dropped $1141 today. after being up $600 - should have stopped too.

The easiest way to define a trend is with a simple moving average. Longer term moving average can be used for pivot points. For example 5 and 15, or 8 and 20.

chris, for liquidity. For example if you are trading intc,csco,dell or any such big cap, then you can put in an order on say 1000 shares and if it moves your way add to it up to 10,000 or 20,000 shares. If it moves against you, you can get out quick with minimal damage. When you trade...

I remember 1991, the market was waiting for war to start. Everyone thought we would drop really bad (including me). At the time I was short oex credit spreads - very profitable going into the announcement. War broke out and the market rallied - took off like a rocket. I was at of all places...

Carol, I would trade Cisco, Cisco and Cisco. You can't make any money in it till you trade bigger size but it is a great stock to learn on. You can see the trend change and you can see the market makers more clearly. It is very liquid and you can move out quickly if you have to (I often buy...

If I am having a bad day I simply stop trading. For example today, the trend started off down - was shorting doing great. Then the trend changed started scratching trades and losing. I stopped for the day. Ended up $592 but if I had stayed in I would definitely have given it all back...

3) But perhaps the biggest reason is that I don't want to trade out of my own home and become a hermit. I like going to work, shooting the shit with other employees, etc. If I traded from home, I'd go absolutely crazy. -Scalpa, Well that explains it then - I always thought I might have a...

Scalp, non marginable securities cannot be bought in a margin account so they buy it in the cash account (type 1). Since the security is in a cash account it is treated as a cash transaction. Note that even though your account is a "margin account" it is subdivided into cash (type 1)...

I had a tough day too. Started the day down $500 spent 3 hours getting to +$250 then dropped $500 again -almost kicked my monitor off my desk (at my own stupidity of fading the trend). Ended the day down $241 didn't trade after the fed meeting (was too pissed off to trade).

nice discipline - end the day up hear the cash register ring!

Super, I have attached a 15 min chart of Cisco with a 5, 20, 40 ma. The daily chart indicates that the price is below the 5 ma and so the trend is down. However, on the 15 min chart (attached) intraday the price moved through the 5 ma for around an hour or so before heading back down...

Mr Sub. You are a good trader, you simply need to control your losses on a bad day. You are definitely turning the corner and your account will be positive very soon. I am in the same boat as you, I turned the corner on my trading, and now have a "rule" to leave if I am not doing well...

Aphie, everyone's being a little hard on you - all I think is go into the day with no opinion and then let the market tell you where it wants to go. Some key technical support levels were broken today and tomorrow is friday so be careful out there - and yes we could have a bounce

Aphie, In response to your question whose going to short, if the market opens down I will be shorting till the trend changes. The most dangerous words in this business are it can't go any lower.

I worked as a Senior Registered Options Principal for many years and I can tell you they are not the same thing. A naked put has to be sold in a margin account (type 2). The margin requirement increases as the stock declines in value. In a covered call account the margin decreases as the...

You can see the weightings at http://www.nasdaq.com. Micrsoft is the biggest weighting followed by csco, intc, qcom, amgn and so on. Hope this helps