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    Spydertrader's Jack Hershey Equities Journal II

    Your wish is my new feature request :) I'm not sure about the "quickly", though. Loading and parsing these pages takes a bit of time. It runs unattended, so even if it takes a while, you can do other things while it chugs in the background. For the first release, it'll all be...
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    Spydertrader's Jack Hershey Equities Journal II

    Hey all, I have been working on a little Java program to automate some of the mechanical data collection stuff that I do every morning: run a dry-up scan, get LBDU volume (for alerts), and double-check earnings dates. Right now, it handles the logon to Wealth Lab and spits everything out to...
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    What did you do before you started trading?

    Software developer. Pros: big budgets, fun toys, lots of learning, good salary. Cons: a decade of work with nothing to show for it.
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    Spydertrader's Jack Hershey Equities Journal II

    Another question about the camtasia videos. In meetup20060413a13, Jack is explaining the stop offset for AKAM and is using $1.00 as his offset. When he examines a buy signal, he draws in the channels and then switches to $0.85 as a stop offset. Is this just a slip-up or is something else...
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    Spydertrader's Jack Hershey Equities Journal II

    I've been reviewing Jack's camtasia videos (again) and have been trying to sort out the stop offset that he talks about. The way I understand it, we want to look for the places where the price drops in one day but recovers the next and resumes its journey. If we find these, we will know just...
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    illegal trading strategies

    Going "short against the box" is illegal with equities because it is a form of tax fraud. The long position in the box would be held for more than 6 months and so would get a more favourable tax status, but by shorting the stock in another account (or purchasing a put), you have effectively...
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    Reg Sho pilot + nasdaq

    http://www.nasdaqtrader.com/aspx/regshopilotlist.aspx
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    Spydertrader's Jack Hershey Equities Journal II

    I got these volume alerts as well, but passed because the daily stochastics numbers were well below target values. They look like they've done well for you, though, and they're certainly in a good part of the channel. Did anyone else pass on these trades because of the stoch?
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    Spydertrader's Jack Hershey Equities Journal II

    Were you able to record that? I would love to see it.
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    Spydertrader's Jack Hershey Equities Journal II

    I'm a bit bothered by the lack of signals. It's hard to learn when you are sitting on the sidelines. I've been working on another strategy which has been keeping me occupied, but I would like to keep working on Hershey's stuff. Maybe the 'Bruno R' stuff, channels, or the shorts. cmns2 has...
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    Bright Trade

    From http://elitetrader.com/vb/showthread.php?threadid=4843 a few years ago: I thought I saw something more recent, but I'm having a hard time locating it. I recall seeing the same number,s though.
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    Bright Trade

    I'll try to find the post, but I remember Don saying that his most profitable traders average 0.02/share overall. Even at Bright's best rates, they must be giving a lot back in comissions.
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    Spydertrader's Jack Hershey Equities Journal II

    I missed IVAC, but took a position in NGS but got stopped out for a 2% loss.
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    5% per month

    Greenhunt, Welcome. I look forward to reading what you have to say. I'm definately interested in something that can offer a relaxed, continual compounding.
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    I need a Summer Vacation...

    I'm too new a trader to give advice. I know I'm not going to take the summer off as I need to keep working on success before I rest. But... When I was still working in my full time job, I would regularily take a couple months off in the summer or fall. I would rock climb, bum on the...
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    Bright Trade

    When I attended their 3-day intro, the response was that Bright discourages trading of options. The major advantage - leverage - is negated by the large leverage that Bright offers to traders. However, if you are able to answer some in-depth grilling about options to prove that you understand...
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    People like that steve tvardek. Where did you learn DAYtrading??

    During most of the session, orders will go out in nice blocks, but they not all get filled so the trader will end up with an uneven number of shares. When a trader wants to get out entirely, they may batch up all of the shares they hold and dump them to "clean up". I've been told you can spot...
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    Spydertrader's Jack Hershey Equities Journal II

    FYI: for those others who may be in MIND, it reports earnings on the 12th.
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    Spydertrader's Jack Hershey Equities Journal II

    Got into MIND a bit late so I'm too close to the even dollar for comfort. Still, all the planets have lined up and I'm in. I'll feel a lot better if it breaks through $16 as that's a psychological limit, and the top of the daily channel. <img...
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