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    Trading Strategies for Swing Trading and Daytrading

    Yes, yesterday's 15-minute bar. I'm not familiar with how Tony does it, this is just my method. Re Stops at low of day. On a pure swing trade I place a protective stop at the low of the Previous day and ride it out. But if I'm managing it intraday, I bring it in tighter. Tony will have...
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    Trading Strategies for Swing Trading and Daytrading

    Neo, here's how I play the morning. Place a Buy Stop at the high of the previous days' 15-minute bar. If the stock is strong you will be filled (assuming no gap), and weak you won't be filled (usually). After being filled place a tight stop about 1% below price and trail up as the stock...
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    Homepage redesign

    I like your suggestion on the pop up window. The front page of the old site does look like one big thread. It is nice to see everything in one place though vs. checking every category for me. Sounds like everyone will be happy soon.
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    Trading Strategies for Swing Trading and Daytrading

    Great trade Tony. MSFT was a smooth climber today. Your last exit was just about the high for the day ($63.02). Currently MSFT is trading at 61.36. I made the mistake of taking the last two days off from trading.
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    Homepage redesign

    I like the new format, but then I like to see everything at once too. If you had two layouts, one of the old page with combined threads and then the new page that would be great. :)
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    Trading Strategies for Swing Trading and Daytrading

    Interesting how there's 2400 views of this thread but only 4 or 5 contributions? Is everyone doing so well and guarding their secret trading system, or not doing well and not wanting to corrupt everyone else?
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    Trading Strategies for Swing Trading and Daytrading

    I use 10 stocks strictly from a risk management point of view. My maximum loss is 4% X 10% position = .004% risk per position to the portfolio. I would love to use only 5 stocks, and may go to that eventually, but am trying for a smooth as possible equity curve. My entries and exits are all...
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    Trading Strategies for Swing Trading and Daytrading

    My strategy is basically a managed swing system where I use 30-60 minute bars to enter/exit positions during day. I determine my trade orientation (long/short) by daily S/R (previous days' H/L). I then trade only long in uptrend/short in downtrend. I used to do the straight swing trade where...
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    Call me Chicken!

    Give it some play with a stop and let it ride.
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    Broken trade at IB

    That's possible, but it was in the other sides favor $100, and he didn't mention that the other side wanted to bust it.
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    Broken trade at IB

    I've never had a broker call and ask me to "bust" a trade, I've always had to call them. But IB used a live person to call me and ask if I wanted to bust a trade at Island for 200 shares! I shorted 600 shares and was filled on 2 exchanges at 16.50 and on Island at 16.00. Is this normal for IB...
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    Rookie stuff.

    Its amazing how hard it is to make 45% in a month, but it sure is easy to lose that much. I wouldn't trade another share until I had an entry and exit plan that you live by, and then trade only a small % of your account. I don't risk more than 1/2% per trade (10% position x 4% max loss)...
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    Is IB Order Cancel really slow?

    Cancels work in milliseconds for me at IB unless NYSE or certain routes, then its seconds. I wouldn't worry about the problem being IB's. And Stops are working fine.
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    Total monthly cost up-front $$$

    TraderRX's brother?
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    Money Management Thread

    One way to reduce portfolio risk is to diversify into several markets (futures), or stocks at the same time, rather than all your eggs in one basket. This obviously only works on a longer time frame (probably not scalping), but it allows you to control much more size with less risk. I'm up to...
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    Elite Trader is not IB

    Yes, I've used the chat, which is private with an IB rep and they are prompt and good (+/-). But its nice to see if others are having the same problem and kick things around. As for the IRC chat, does it offer what EliteTrader does? I don't want to hop around multiple chat rooms. I think...
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    Should IB discussion be Limited????

    Just bringing this to top so other half of world can vote.
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    Elite Trader is not IB

    If this upsets those from other brokerages, let them send out their liaison to troubleshoot and take requests on their customers' behalf. Interactive I'm sure is partly successful because they communicate with customers. Who wants to go to the IB chat board (if it existed) and make IB posts...
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    End of Day - Datafeed

    TC2000 has no export limitation that I know of, so if it's 2000 securities, then you can export 2000 securities.
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    End of Day - Datafeed

    The same limitation exists for TC2000 with the 255 stocks per folder. It is Metastock that has the limitation I believe. As far as download speed, with my DSL it takes 20 seconds for all stocks for 1 day. For 56K modem it takes a couple minutes per day. Metastock is kind of in the dark...
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