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I 've been doing 10 fold better on the opposite of this pattern shorting heavily overbought stocks. You can use a really tight stop (pennies) and when you are right make a killing I didn't post it as it wasn't ideal but am short KG today at 54.13 oh I forgot I finally legged...

It's a question of risk. If you try to bully a stock it is very possible to get burned. Always have a predetermined risk by limiting the # of shares and an exit point. I thought I'd pass that story along but don't recommend what he did. rtharp

http://daytradingstocks.com/tradingoffices.html This might help rtharp

Good just wanted to set the record straight. Echo is working on offices. They can't grow too quickly because the majority of traders are profitable. The want to keep it that way which means training new traders. It takes time. Rtharp

I canceled my subscription. For everyone's info. Rtharp

Eugene. Please verify your info before spreading rumors. Bright has lost a few traders to Echo, but Echo hasn't lost any traders to Bright. Why would they go back to Bright when they have to pay for cancelation orders, have DSL shared with other traders compared to T-1's. Are...

I'm not recommending them but there is a direct access firm called Satallite Trading located in the Bahamas that might be of interest to you. It's better to pay a small but fair share of taxes. The goverment does do things for us. It's also always better to be giving as the world will...

Hi Rigel It has some promise. The key with trading is to have a predetermined risk which isn't something you posted. Don't plan on days of being in it, but have price targets for both sides, especially if it goes against you. If you are long what is the maximum amount you are...

PRD is sitting on some support on a daily chart. For me I'll pass for now. If it breaks support and drops more I'd look at it as a long till then I won't touch it. I prefer panic. KKD is working well for me today. Too bad it's so hard to borrow. I couldn't get on bullet on it this...

I'd be more interested in IDT had moved a lot more away from it's normal range, with added volatility (bigger candles). Yes 7 more points in the same direction would probably be getting my attention then. This is still tradeable just not what I want. I'm still after PTA for a long...

TraderRX actually no he would have made about $700 that day, what he normally does. There are very few stocks on NASDAQ where you can scalp 30,000 shares on bid and 30,000 on the offer. If the market is in a buying frenzy you can't buy the bid nor can you sell the offer in a...

not the cyber demo! A buddy of mine made over a million in a day using that Demo. It lets you buy when there is a huge rally and sell during a panic without slippage and easy fills? WOuld he really make a million in real life? He trades for a living and knows better. rtharp

No MJT I'm looking for a huge selloff it's down but not what I'm looking for, still in a tight range. I heard a report on CNBC that USG was halted so I think so. You guys be careful here. If you want to get long wait till it goes above the previous day's close, if you...

Well I run my own message board. It's just not as busy as here. I do get compliments on it though. http://communities.msn.com/rtharpsland Robert Tharp

APW actually was more of Pretorian2's type of move when it first bottomed. It showed strength the next day and rose 1/4% or so. It then tanked again and has gone sideways. PTA never recovered it just based and is breaking out. This is some difference. APW I'm not interested in...

There is a thread about Tony Oz's seminars. I thought I'd start one about a different mentor (mine) http://www2.elitetrader.com/bo/?action=view&B_ID=64 This is where I've recieved about 80% of my training. I'll leave this thread open to discussion and let whoever wants to ask me...

I think it's worth some money, but if I reply more I'm going to get so off topic. I'm going to start a different thread eventually about some of the different semianars I've attended including the ones given by IITM. I'll come back and edit a link into this post for the thread...

Being in the pits myself it's pretty easy to see what others are doing. MLCO for others reference is short for Merril Lynch Traders tend to watch the big brokers/traders. In fact clerks signal trading desks about what different traders are doing. If the announcer is decent he will...

I attended his $20 seminar he did for DaytraderUSA a few weeks back in California. It was only for 2 hrs but definitely worth my time. He had to talk really fast to cover a lot. What are you looking to get out of a seminar?

Got a bug fix too in an email. I'll try it again soon, but to be honest I'm not too impressed. I've got another few weeks. If you want to know if buyers are more prevaliant than sellers just look at the current price. Is it more than yesterday's close? If Yes than buyers rule...