Search results

  1. S

    Part Time Jobs for Traders

    I know. Maybe I should work for free so that you can get the pizza for even less. What business are you in? How about you take a paycut so your customers can save money. How bout we ask the military, teachers, and construction workers to take pay cuts so we taxpayers can save money. I never...
  2. S

    Part Time Jobs for Traders

    Who said anything about Socialism here? I am a proud Ron Paul supporter. The only political candidate I’ve ever given money to. I'm not talking about taking from the rich and giving to the poor. I’m talking about an honest day’s pay for an honest days work. Is $4.50 a fair wage? I know. I...
  3. S

    Part Time Jobs for Traders

    Do you trade? Seriously this is the funniest thing I've heard in awhile. You don't think I or a million other people haven't thought of this. Get one tick, pay $5 in commissions and keep $7.50 all in only a few seconds. Do this 100 times a day and you're rich. What happens when it goes 5 or 10...
  4. S

    Part Time Jobs for Traders

    I imagine that is a lot like the restaurant/hotel business. I don't want to deliver pizza forever, I'm just doing it for now to save some money to start a business or to trade with. I suppose I don't wan't to work for the hospital, I want to own it. But my point is that the good jobs that I use...
  5. S

    Part Time Jobs for Traders

    I am not a working man? I go to work everyday. Restaurants are not union because "the man" would never go for that. They do not care about me. I worked for the same company for 4 years. I quit twice and the district manager, nor his brother who owned the franchise never called me. What does...
  6. S

    Part Time Jobs for Traders

    I have delivered pizza for most of the last 5 years, mostly at night, so that I could trade or work on other businesses during the day. It was good money and cash every night. You can guess that I haven't been very successful at my other endeavors. It’s disappointing, but I have no problem...
  7. S

    Automating with Sterling Trader Pro

    Check out this site I found. I have also thought about that. Not sure what they charge. http://www.centaurisgroup.com/english/products.html I have tried coding stuff in excel and VB, but haven't gotten anything done. It seems something always gets in the way. I tried using some of the...
  8. S

    Automating with Sterling Trader Pro

    OK thanks. I just installed Visual Basic 6. I have no idea where to start with this, but I guess I'll have to learn. I'm not looking for any shortcuts, I just thought there would be a little more help from Sterling. For what they charge a month, this should be a little bit easier. I could code...
  9. S

    keystone trading group

    Isn't the whole point of paying the $4400 is so that you can trade their money and get 2 cents per 100 shares commission? What's the point in someone selling you a book on how to trade if their not willing to let you trade with their money?
  10. S

    Automating with Sterling Trader Pro

    Are you guys doing all of your own programming or do you have software that you use? I have no idea where to begin doing this. I want to start off by just writing a very simple system. For instance I could tell it to buy at a certain time and then put a stop and limit that cancel once either is...
  11. S

    Will this scalping strategy work?

    I explained in my first post that the strategy is to generally buy and sell along the Bollinger Bands. This way I'm hoping to get a slight advantage on the trades. Like I said, I have backtested a lot of stuff and intraday counter trend strategies work much better than trend following ones...
  12. S

    Will this scalping strategy work?

    I explained my logic in a different post. You are assuming that there is a 50% chance that the 10 cent the stop will hit and a 50% chance the 3 cent profit target will be hit when there is not. Using your logic we could all place 1 cent stops and 50 cent profit targets and print more money than...
  13. S

    Will this scalping strategy work?

    I don't buy it at a discount, I get the liquidity rebates from the ecn. So in affect I'm buying it at a net discount. I think what you're referring to is pegging an order. That is where a buy order stays at the best bid until it is filled. If XLF is at 15.00 X 15.01 and you place a peg buy...
  14. S

    Will this scalping strategy work?

    If you add liquidity (don't hit the bid or ask) the ecn's give you a rebate of between 20-30 cents per 100 shares. So you are in effect buying it at a discount and getting paid to trade. Some people do this all day and break even on the trades and keep the rebates as their profit. I'm not...
  15. S

    Will this scalping strategy work?

    Thank you. You are most gracious. This is the first thread I've started and boy am I taking a beating.
  16. S

    Will this scalping strategy work?

    Who says I have been consistently losing with this strategy? I've been cautiously doing it for a week now and have not lost more than $20 in one day. I'll admit I have been a terrible trader in the past. I have resigned myself to that fact that I have no idea where a stock will be next year...
  17. S

    Will this scalping strategy work?

    If I understand you correctly, you are saying that to buy at 10, it would have to trade through it and then the bid would be 9.99. Yes that is technically correct. However when something is trading 200 million shares a day, it is very easy to buy on the bid. Often many orders come after you in...
  18. S

    Will this scalping strategy work?

    No that's just an example. I get huge buying power but for now have never traded more than 200-300 shares of XLF. I'm trying to scalp a few cents on each trade and do that all day. The XLF and QQQQ bounce around all day and if you throw up an order anywhere near the current price, you usually...
  19. S

    Will this scalping strategy work?

    The quote about me saying there is a 10 cent hard stop was in response to someone saying I was an insurance company with no hedge in case of a hurricane. In my first post I clearly stated that I put a stop on every order. I have gotten stopped out at swing highs and lows, that's the way it goes...
Back
Top