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Candle: For me, there is no other.

Another very light game as the market was quite choppy after a huge gap-up. 10500 shares each way on 9 of 14 shooting, +406 before commissions, +231 after, no bullets. Pre-Market: Huge gap-up and I knew we were in for a tough game. Broker downgrades but I am not going to short financials...

Very tough game as I churned all day. 19700 shares each way on 10 of 17 shooting, +713 before commissions, +264 after, 2 bullets. Pre-Market: Positive news on RLX. 9:30: Filled on 3 short open orders, HON, AOL, C, got 10 cents out of HON, 25 cents a piece from AOL and C, but didn't...

To put it plainly, you can get news from Bloomberg 10-20 seconds faster any other news provider. That 10-20 seconds can be an eternity when something comes out. You will be competing with insiders who already know the news, other traders with Bloomberg, but it is still a huge edge. The...

Bloomberg terminal. What do you mean "how do you play it" ? I saw inventory reduction, I saw gas futures go up, I bought oil/gas, I saw oil/gas stocks ticking up I bought more, pullback I got out some, another leg up I bought more then everything ripped and I bought more and more . . .

The power of Bloomberg once again saved my day as I turned a blah of a day into a very nice finish. 23800 shares each way on 13 of 22 shooting, +1934 before commissions, +1478 after, 1 bullet. Lately I have forced myself to get at least 7 hours of sleep a night and it definitely helped...

Normally I don't post this kind of stuff here, but on Friday, when one of my traders brought his dad in and showed him what he does for a living, I thought about a very interesting concept of how do you prove your worth to your loved ones, when your job is commonly viewed as pure gambling...

A very draining day as again I could not score down the stretch and watched an ok open fizzle before my eyes. 16400 shares each way on 7 of 14 shooting, +602 before commissions, +150 after, 3 bullets (all losers). Pre-Market: Some retailor downgrades 9:30: Got HON/BMY filled on open...

My butt ugly mug (according to Limbo), as of 2 days ago after I just got a new haircut.

If you sort the number of views per thread, you will see that my trading journals finished 5 out of top 10. The other 5 threads are either flame wars (chat room vendors for example) or ones that have been running for many months (Don's Open Journals). The reason that up until now Baron have...

Well, it is rare that you get this kind of all-you-can-eat-buffet's, as when the market throws you a second super rally almost a carbon copy of Friday's, you have to score big. While I could have most definitely scored more had I been more aggressive, I will take those numbers every single day...

***I am not trying to be "goody goody" on this point, but when a firm is a prominent as we are, we do our very best to not get headlines that say they were fined $175,000 for breaking NASD rules, it makes one wonder about the rest of their practices.*** Let's just say Walter is the Mark Cuban...

***For leverage? More than what's found in trading leveraged instrumaments like futures and options?*** You can say that, I have 35K in my account and I can literally as much size as I want to intraday. I mean my DOT limit was 16 positions, 3000 shares, six months ago. Being a wuss I...

I thought I did label Generic trading as my prime target. I completely gave up on any recruiting effort on Bright once I found out the scale of their operation in New York. Still, I can't help it but to poke Don Bright every now and then because he is err so vocal on those boards. I did get...

No problem, it is honest opinion :-)

FACT: If I never took on the leadership position, I am sure my own trading will be better. (That said, now with the commission reduction, it is a toss-up) FACT: I always wanted to expose myself toward the management aspect of business. And I was willing to suffer any slumps that are...

Yannis: ***Yet, my main concern still remains: the high percent commissions you pros pay is a deterrant to those like me who are used to the 5-20% cost structure.*** I don't understand what does having a low profit to commission ratio has anything to do with being pro? You took 15 trades...

Within the next 3 weeks or so, I will launch a serious assault on one of our competitors, GENERIC TRADING, LLC. I have done extensive research regarding their operation in New York, and I believe I can easily beat anything they offer their trader by 0.2 cent per share, with 10-20%...

I am not aware of any top traders from last year on target to make what they made in 2001. People who trade heavily news stocks are a little less effected, as this year so far we had TYC, ELN, KMI/P/R trio, etc . . . The most consistent performer at my firm, someone who made 450K last...

Fines are the equivalent of taxes, bad press and controversies are the equivalent of free advertisement.