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Good ol TQQQ is very tradeable this morning.

Holey cow it just broke $42 I shoulda been in on that.

Well, more risk than that. Like I said, I set stop too tight. Didn't think it would touch support again. So realistically if I had made a proper plan well, yeah about $3 risk because I would have made a better entry, down in the dirt, where the obvious support level was. There. It broke $41...

Just had to get a trade in. Grrrrrrrr. Lost $3. I coulda bought me a beer with that. Good think I have a keg of my own brew on tap, huh. Picked at WB. Lesson learned... I hadn't planned to live trade today and went into the trade basically without a plan. Pre market showed fair volume and...

Boredom is good, if the alternative is sheer terror.

You can place a "MTL" order with IB but I was just reading and apparently it isn't exactly the same thing anyway. With IB an MTL order is "Market-to-Limit". It is submitted to the exchange as a market order to execute at the current best market price. If the order is only partially filled, the...

Is a Market Limit order really likely to be filled cheaper than a Limit order? I know this is probably a very newbish question, but I would like to hear some solid answers.

There are a lot of similarities to Poker. It is a game of chance that, if you rely on chance, or dreams or wishful thinking, will cost you a lot of money. It is a game where experience, study, skill, and smarts are needed to stay afloat. It is a game where money and risk management will help you...

Depends on where you draw your lines. First of all, it is human nature to expect good things to happen and hope for everything to go according to plan. I think a lot of trend lines are drawn a bit overly optimistic. Also, other people are drawing the same lines. Not neccessarily to use...

And now back to our regularly scheduled program

Breakin my riddum. I thought this was awesome.

It's not telling you anything right now, except that something will probably happen sooner or later. You can't play it as a bull flag until you see confirmation, IMHO. It could flatline for weeks or it could drop like a Mississippi prom dress or it could do the fun thing and head for the moon...

There. I fixed it for you.

Yeah you can do that. It is a little cumbersome to set up, but sure you can set a hotkey for a particular number of shares, a particular type order, say limit, a particular entry, for instance buy at ask, or ask-1, or bid+1 or mid, and bracket orders as well, with type and initial price. You can...

Thanks. I agree 100% with what you are saying. I was told about the human factor when I started, and only by keeping it under control was I able to keep my noob losses under control, and build back up. Never made a revenge trade. Never fell in love with a stock and followed it down to a flaming...

Probably can. Lots of MIG19s in private hands in the US, I understand. One trip I made on the Nosac Ranger, in I guess the mid to late 90s, we carried what looked like a significant portion of the East German air force to the US, presumably for private sale. No big stuff, all fighters I think. I...

I say a boat. If the engine dies, so what, usually. In an airplane, if the engine dies, you have a serious problem. Also the same price gets you a lot more room in a boat than a plane. Just sayin. And a nice place to sleep when you get to your destination, if you happen to have one in mind. Just...

Noob here, until now daytrading with a small U.S. account. Here is my perspective. With a $10k account my max position size was $2k. My max RISK is the amount I stand to lose if the stock turns against me, and my stop is usually fairly tight, sometimes less than 1% and almost never more than 2%...

A career? Forget it, at least for now. Invest. WITHOUT FAIL, NO EXCUSES invest a large portion of your income. Set up a 401K or a Roth, whatever, depending on where you see your income level at retirement age, vs over the course of your career. But either one is better than nothing. Set the...