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I've heard mixed things about averaging in and out. However, my lot sizes are so small my $7 Scottrade commissions don't let me average in and out. If you average in and out, and part of the time the market is going against you, wouldn't that make the wash sale rule even worse? Example...

You know, I was about to look it up at urbandictionary, but I didn't. Anyway, oooookay.

Black background. Green + candles, red - candles. The standard QuoteTracker defaults.

That may be it. BUT, 90% of the time if I don't use Heikin-Ashi Candles, it is impossible to see anything on the chart.

wtf is a piker?

Not sure what you mean by "redundant." I know what redundant means, but I'm not sure how it applies to a trading method unless you mean waiting for multiple independent confirmations or something. I can afford 'dose colorful charts dare cuz QuoteTracker is free.

Nope. I was on PTO from work today so I thought I'd play around. I'm a total noob to intraday trading. I think this was my 5th or 6th intraday trade ever. Sorry I'm not a baller. I mean, I suppose I could've shorted 60,000 shares instead of 600 and made $963 instead of $9.63, but I just...

I can't decide if I'd be more comfortable with: Big lot sizes waiting for smaller movements to take profits (shorter time holding the position). This way could get me stopped out earlier. Small lot sizes waiting for larger movements (longer time holding positions). This way might result...

Today: Short 600 INTC @ $19.93 Cover 472 INTC @ $19.89 Cover 128 INTC @ $19.89 (no clue why it split the order into two identical priced lots) Profit after commission: $9.63! Recently, when I make my occasional day trades, I've been using $15k lots. Today I was feeling cautious so...

Scottrade. Maybe that's why QuoteTracker has the "remove spike" option.

The 11:11 candle... edit - sorry for small pic, but I'm sure you see where I'm talking about.

Same chart with 1min candles. Is this normal? Should I not hate this?

I don't like it when charts look like this. It's even worse on the 1 min charts. Is there anything to do here besides sit on the sidelines until the candles change?

Oh, you're right. Some of the lines' default colors were transparent. I made them all blue and two lines appeared. Maybe the other lines were appearing and they were just off the screen or something. Now I have something new to play with. Thanks.

Two min is too choppy. Three min is just right. I should try four. Ok, keep in mind this is for my latest "system" that I came up with. I'm sure some backtesting will render it useless anyway.

Meaning using 3 min charts makes you profitable but using 2 min charts makes you unprofitable. Would this mean you have a crappy system, or a very fine-tuned system?

That's not correct. What you've just stated is the Monte Carlo falacy. The odds the next one will be heads is still 50/50.

I see Camarilla Pivots, DeMark Pivots, Pivot Points, and Pivot Points Extra, but no matter which one I choose, I can't get anything to show up on my chart. What am I missing/not doing?

:confused:

I have a job. Thanks :) For the life of me I cannot determine anything from volume. Sometimes big volume means a trend is starting. Sometimes it means it's ending. Sometimes there's huge volume but it's a doji and the market stays level after that. It seems like big volume tends...