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One bit of advice here Neke. A rule you should adhere to strictly is, when you enter a trade in error, always close it out immediately, no matter if it's profitable or looks like it might work out ok. It was not a trade in line with your system rules and you are not going to have the...

Really boring trading this shortened week. Intraday mean reversion recorded one trade for a profit of $155. Half my profits were long positions I have been holding through this pull back that I am now mostly out of. +19,400 gross on 518,000 shrs. Daily p/l Tuesday to Friday was: +2.7...

I don't calculate R:R for my trading. I don't generally use stops other than a time stop.

I might have got some ideas from other sources, but I had to figure it all out pretty much on my own. I don't even know what ACD is, so I'd have to say no.

I imagine he's talking about UNIS. To bad it was htb for me or I'd have scooped some free money too.

You don't really trade do you? It sounds like you have a fantasy in your head of what you think trading is like.

Canadian olympic coverage blows NBC away. I can watch live coverage and analysis on 3 channels all day while NBC has Days of Our Lives and Rachel Ray. Lame.

You don't know how to trade, you don't have a plan and you're risking too much. Welcome to the jungle.

First you be honest with yourself and decide if trading is really what you want to do. If it's in your blood, keeps you up at night and is on your mind all the time, then you will be driven to figure it out. If you don't have a real passion for it, you won't survive the long hard road on the...

I'm working on convincing the wife that I need sex to be ready for quad witching :)

Totally depends on the stock and it's volatility. AAPL is an active $200 stock, 1000 to 1500 shares is a decent sized position for me. Something like MOT I'd have 10x that.

As I've said in the past, the ability to get past p/l affecting how you execute is a major milestone in trader development. You have to expand the comfort level at which money has no effect on you. Everyone has a limit. Fortunately I don't hit mine too often, but I'm like everyone else, when...

Some strategies take trades from the same list every day. Other stuff I will scan the whole market with something like Trade Ideas or Telechart. I don't have any regular stocks I trade daily and get to know their in's and out's.

Doesn't matter. I've traded stocks where my trade is the only volume of the day.

That's true in some cases. Sometimes there is a reason why things should work out. Sometimes things just seem to work in repeatable patterns with no obvious reason aside from human nature does not change.

Echo has pretty limited routing options, I can't route directly to dark pools, but some of the ecn's will ping them first looking for a fill. I mainly use BATS.

It varies widely depending how active the market is. Most days it's only about half a dozen for openings and mid-day trading, but can jump a lot when it's busy. I have an app that manages my positions so all I have to do is watch.

Pop up order confirmations are a feature you can turn off under configuration settings. So how is it IB's fault that you trade without knowing how the software works?

It happens occasionally.

Unfortunately portfolio margin isn't available at IB Canada. I wish it was because after I pay my taxes and pay for this house I'm building my retail account will be drained enough that I'll have to start paring back what I can do in it.