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Forgot to mention : There are a few really bad typos in BOTH the book and workbook - in the formulas of all places !! Be careful. I called and wrote to the publisher, Wiley to inform them but got no response. Beware of errors in ALL Wiley Trading books! I've found them in others as well.

I read both Sniper Trading and the workbook. I found it to be quite helpful. In fact I actually took the entire system and built a spreadsheet to test and trade the system - which I did in simulation for about two months last year - trading S&P Emini's. While two months (9/02- 10/02) may not...

In the final analysis you advocate nothing more than swapping one set of problems for another. The Gold Standard, while arguably possessing some inherit advantages, chiefly an arbitrary form of fiscal discipline, is hardly impervious to the ills of "fiat" currency as your concluding "history...

OMG - Do you really think that way? Sound like sales BS from a gold hawking web site. Yiikes!!! Here - don't thank me - this is from a friend's work: http://home.att.net/~Resurgence/L-gold.htm Myth: The gold standard is a better monetary system. Fact: The gold standard causes...

You think abandoning the Gold Standard was a mistake???? The far right advocates the gold standard because it gets government out of the business of controlling the money supply. They fear that printing money creates inflation, and retracting money causes recessions. But the opposite is...

Anyone feel that Gold is an irrational "investment" and the gold market will drop like a rock once the Iraq picture crystallizes? To me it looks like the mother of all shorts gearing up.

Yeah.....someone really ought to tell him his charts are upside down......:D

My God man, if you made 33k in the first two weeks of THIS year you are WAY overqualified for the analyst track !!

Trolling is Freaking EASY EASY EASY :D

This book, although a little out of date (discusses the SuperSOES and SuperMontage as coming events) is a very good introduction to the workings of ECN's & Market Makers. Do NOT trade until you understand how these function. You might as well be writing checks directly from your trading...

Thanks Tony - that's exactly how I look at it.

Looking for something geared to daytraders with live commentary and setups - small/reasonable fee ok. Quality and consistency please - I have found several that turned out to be nothing more than sales pitches for expensive and dubious systems. \ BTW - I'm a beginner and want to follow live...

Lundy - here's a challenge for you.....I'm beginning my first trading job on Monday with a prop firm - stricly NASDAQ - I've got 5k of BP to begin day one - sky's the limit after that - and a totally clean slate. If you truly have a Holy Grail system let's apply it to my account - I'll...

Any details .... anyone????

Good job! Just curious - is that $53k before taxes trading at 25 to 1 margin on NYSE/NASDAQ stocks?

That's great to hear - very encouraging news! - without being too prying (feel free not to reply) what kind of performance have you experienced over the past few years? I also would love to hear a little more about your trading - it's extremely refreshing to hear someone applying a DT...

Momo - I totally agree - I love the Mini's! For all the reasons to which you allude. As for strictly Daytrading Stocks - I think we're very close in estimating the current situation. Thanks for the reply!

Thanks for the informative reply Seth! Question - are you strictly Daytrading Stocks or are you trading over a longer horizon, and trading other instruments/markets? Could you envision starting out at a Prop firm in this market with say, $30 to $50k buying power and make a living if all...

Great - but I see you are trading E-mini's not NYSE or NASDAQ stocks which my post is all about. Would you feel the same way if you were limited to Daytrading NASDAQ or NYSE?

Thanks for the replies so far...as i had expected there seems to be a little confusion over my question. Some seem to think I'm asking if "I" can Daytrade stocks profitably - and taking my "attitude" as an indication of my chance for success. Well the point is well taken that beginning...