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  1. M

    Traders under 25K

    I think if you had read in between the lines of my comments you would have understood that I would have been short most of the day in this stock. And no I would not have gone broke with the 4:1 margin as I did quite nicely losing money going through the learning curve and without using margin...
  2. M

    Traders under 25K

    I got headfaked out this morning and made only $130. Then I took a shot this afternoon after the market bottomed and went in with a margined position and went from $360 up to $600 down at the end of the day all because I could not daytrade. This stock was an easy $1500 day if I could daytrade...
  3. M

    Traders under 25K

    I disagree. I think the daytraders were hurting the specialists and market makers pockets. Classic example of big money protecting itself and benefiting from new law to the detriment of small money. These guys are like spiders building a web in a corner so that prey from all directions are...
  4. M

    Traders under 25K

    Actually I have also played crap stocks like that and did indeed profit from them before the PDT rule. But you said it - once you get above 25K you will have to go legit. The rule forces small traders to take bigger risks.
  5. M

    Traders under 25K

    I would have played NSIT if I were not preoccupied with COF - looks pretty good with no short interest setting heavy on it and little debt. My opinion is ITRI and KO have not bottomed.
  6. M

    Traders under 25K

    SethArb, since I try to avoid daytrades, I enter small when I think there is a bottom. In COF my fist entry was 100 shares at $33.99, but I soon found out that was not a bottom. I waited and saw the $30 come and go and bought an additional 200 shares at $31.25 and then held for a profit. I...
  7. M

    Traders under 25K

    I started about 16 months ago with 20K with IB (Qcharts as my feed). I then began paying a heavy price for daytrading experience. If that was not enough, the new SEC rules on PDT were implemented, which do nothing but handcuff the small traders. It actually forces the small trader to take...
  8. M

    Stock of the Day....

    Play it long but watch for a down move Monday at the open.
  9. M

    IB improvements

    Suggested enhancement: Perhaps use a color code for ticker symbols on TWS to indicate if stocks can be borrowed.
  10. M

    any good trading chat rooms?

    Hi p I checked your Yahoo site a week ago last Monday and Tuesday and there was no indication any one was in the chat room - thought you had abandoned the idea. I did not enter the chat room as it indicated no one was there. I had joined the club before then - what am I doing wrong? Regards
  11. M

    IB TWS Update

    Ditto here. Since I upgraded Best ECN does not work.
  12. M

    java/IB platform bugs

    Yes, been having this problem for a week. Especially bad today with bids/asks screwed up. I had it changing colors, then the grid showing up, then everything blanking out, and then a reboot. Def would appreciate your passing along these problems to the appropriate individuals. Regards
  13. M

    JNPR trade strategy

    Trading JNPR today I ran into an anomaly I do not understand. Late this afternoon, on several occasions, the emini was running south and large buy volume would come up supporting the stock price. Anybody have any insight as to what was happening? Regards
  14. M

    alphatrade.com data platform

    I have cable with RavenQoute/QCharts and have had a lot of problems with the QC data feed. However, it has been better the last two - three weeks or so.
  15. M

    Stock Detective

  16. M

    Level 2 Rookie

    zboy - amen I will never average down again. Did that a couple years ago and it cost me dearly. Regards
  17. M

    CME MarketSound

    This is a webcast of commentary and trading activity for the eminis. Has anybody used this and have any recommendations? http://www.marketsound.com/welcome2marketsound.html#methods
  18. M

    anyone daytrading spiders SPY, QQQ, DIA

    I use Qcharts. Can anyone tell me what symbols to use to get the Naz and SP futs.
  19. M

    Selling Puts???

    Thank you for your comments. My 401K funds have been safely set aside for some time in an income fund as I wait for a double bottom in the market. Your point on the dangers of naked options are appreciated and well founded. Regards
  20. M

    Selling Puts???

    Yes indeed that is the fly in the ointment. My play would be contingent on the stock maintaining the support and resistance levels long enough for me to establish both synthetic positions (I also daytrade this highly volatile stock and it is very possible to establish both positions in the same...
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