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hi harry.. the strategies for nyse and nasdaq are a bit different.. for nasdaq, you can watch the sizes on your level 1 screen.. market participants usually show their true size at the open so you can try to game the momo, but you gotta be fast.. a safer way to trade the open is to let...

while the nyse does offer the ability of price improvement, you can also get filled on the other side of that print if you market in at the wrong time.. ever get "spreaded"? no single market maker is able to "gap" a nasdaq stock.. on the NYSE the specialist is given an order for 80k shares...

drunk

id love to hear any comments on this as well.. -qwik

Pro.. well.. all i can suggest is that you understand the setup behind the call in the chat room.. and then dont chase it.. -qwik

Pro.. im sure they can move it a little.. but BRCM and BRCD are usually pretty thick.. QLGC could probly get knocked around a little easier.. but i doubt your chat room has much real impact on the stock.. -qwik

very well said Magna.. weve done everything here but light candles, hold hands and sing kum ba ya.. chris is gone.. time to send this thread to the graveyard.. -qwik

the nazdaq is in an uptrend until it makes a lower low on the daily chart.. today we made a counter trend move.. or you could say the secondary trend is down now that we broke the ndx uptrend line.. but while the market is in an uptrend on the daily, im much more comfortable finding long...

sorry to see you leave Chris.. your experience is exactly what this board needed.. but honestly i cant blame you.. good luck.. -qwik

ProTrader.. i think Candle gave the best advice possible.. the simple way to trade is with the trend.. dont look for reversals in other words.. look for continuation patterns in the direction of the primary trend.. thats about as simple as ive seen.. then its just a matter of how you...

Shorty =) there are alot of different viewpoints on this.. ill give you mine.. 1.) - MM's and Specialists dont usually take positions in a stock except for the purpose of gaining the spread.. or in the case of an order imbalance, they are the buyers/sellers of last resort.. but their...

Don, i want to go on record saying that i dont want to see you or your brother in a skimpy bikini.. thanks anyway though.. -qwik

yes.. and what is says is that its a take it or leave it proposition.. they arent frigging burger king.. you get it their way or you dont get it.. got it? ok.. so he isnt a nice guy then? what exactly is your point? he wont give you what you want and so that makes him a jerk? grow...

Lescor.. i also trade breakouts.. although i generally stick to nasdaq stocks.. my usual strategy is to cover half my position when i have a small gain, maybe 25 cents or so.. and then hold the rest for a better price.. the exception being on narrow, choppy days.. then i find its best...

yes.. 2 points range s&p over the last hour.. some of the cheapies are moving around though.. better day to be fishing.. -qwik

Don.. pardon my ignorance on the issue.. are you suggesting that traders now considered "pattern day-traders" should be paying pro fees? or are you saying that some prop firm series 7 traders are claiming to be retail traders to save a few bucks? -qwik

well.. its still playing.. i guess its stored in a temp file on my hard drive because i already watched it once.. btw, i had to laugh at that first example where you asked short or long.. then explained why long was the right trade.. then you went to the longer time frame and said "now...

Chris.. i just finished watching the timing video, and im playing it a second time.. thanks for making this available.. -qwik

this may or may not interest you.. http://www.elitetrader.com/vb/showthread.php?s=&postid=24245&highlight=mtrader#post24245 actually, it would be a service to the industry if someone exposed those clowns over at mt.. read back to the first post on the thread and you will understand.. and...

here is my Self Talk for Discipline.. Today I will trade with discipline. If there is one quality that separates all great traders from the vast majority who wallow in mediocrity and failure, it is discipline. In order to excel at trading I have adopted a set of rules that regulate my...