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from china definitely. they produced anything, including baby traders

ok, today crude up 7% again. i made two mistakes today on crude. first I bought it a alittle bit early, get shoken out. then shorted it a little bit too early , get killed again. play two rounds of scalping short and buy, and recouped the loss, break even. feel totally pissed. dow is in...

I bought it today at 48 and sold it at 50.3, not brag about. look at the stock index, I know the pullback is a great buy opporniuty, just by luck. do not pay much attention to the inventory report. when economy pickes up, crude will be 100+ again. those bailout money/obama's package will...

no, brokers will not do that. pdt is specific with every account. you can open many small account with the same brokers (if you have three account, you get nine trades every week, good enough for you to play, also you can play tricks like transfering your money from the no day trade left...

gee, thanks for the answer, i was new to crude trading, just one month ago. crude is supposed to be tradable 24hr/day. so the activity after that time is of no significance. that is why most time I switched to YM, I can catch some late afternoon profit-taking or short covering wave in YM.

i do did several profitable trades on crude recently, most time just by sheer luck. normally I use stock index if there is no crude related news,they are highly related. the best reliable indicator is the chart itself or the chart pattern. I studied the intra-day chart pattern very carefully...

my suggestion: do not put cash on crude. crude is good for day trading/swing trading so far, from my 2 cents, I just started to trade it one months ago. since crude may be dip to 30 in blink of eyes then next day it may go to the moon, during this rinse process, you already get killed.

I bought it on the opening (YM) and sold it at noon. did not inigiate any short. maybe just a pullback, tomorrow's FOMC will stire something up. good luck. the bear market is wild, be cautious. actually it is just up a little, I am bullish, if it hits 7300 again, i will buy it again

covered my short at 44.3, and went long @44.3, sold it at 47.37, crude is fun to trade. it is in a range, hope it will hold in this range for a period of time. the longer the strong the breakout. we all know it will soon jump out of the 40~50 box

looks my feeling is right. my stop loss is hit, I just reshorted it at 48. covered it at 45.85.

i bought it at 43.5 and got out at 44. then shorted it at 44.13, bought back at 43.65. then bought it again at morning high 44.3, sold it at 47. looks we will break through 50 easily. I think the government is manipulating it and try to keep it down. from my feeling, it is strongly going...

really frustrated too. I tried several times to short SRS, and SKF, want to hold them for a period of time, with time decaying, those things will be zero easily. so I bought WFC, BAC.... that may work better than shorting those sure short the short. since those things will go up up and no...

WHEN GO DOWN, THAT MEANS SELL. WHEN GO UP, THAT MEANS BUY. EASY SAID AND DIFFICULT TO DO. I THINK YOU ARE NOT DAY TRADING ETFS, BASICALLY YOU ARE IN OVERNIGHT SWING TRADING. IF THERE IS ONE DAY DOWN, THEN GET OUT, OR DOWN 10+%, GET OUT. MARKET WILL GO WHERE IT WANT TO GO AND IN VARIETY...

do not buy FAS for long-tern haul as many folks here point out, the leveraged etf decay with time being on. it is very attractive, but just for day trading or several day's swing trade, if you use it well, you get rich instantly, if you did not use it well, you become street bums just one...

no, i traded it day in and day out. if it goes up, it will be gentle. but if it goes down, it will be wild. i bought it in the morning at 6650, then it dipped to 6630ish, in matter of seconds, i just ignored it. so basically I just put a 50 points stop there, turned off my computer. that...

I think that will not apply to him. when you start to think trading is difficult, then it is difficult. the idea of difficult will control you. when you think it is a piece of cake, then it is a piece of cake. just like stand in the edge of a tall building, most people can not stand there...

those guys are stingy guys. they just know buy low and sell high. think they are smart if the market really firms up a little bit (most just short covering burst:short sale setup), but chances are really slim. when i am a begiiner, I love this buy low and sell high game, until one day i found...

i did the same thing as you, i did not buy if it is not moving up. if it is going down, I will not short it. there is no support or resistance there, if market is that kind of simple, how people still did not get it? just if it is dropping and I feel the drop will stop, I will wait in the...

rode FNM from 13 to 6. when you are on the wrong wagon, what do you think? you may keep praying/wishing while you saw you are on a wrong boat. rode WM to 0.2cents, you are away from the market, that means you are not working on something. trading is not a zero+game, you paid nothing to...

do not trade SRS/FAZ, they are wild animals. small currents in those wild animals will kill you even you are dead right! QUOTE]Quote from neveral0ne: Im 22 years old...that was my 4 years worth of savings, I doubt I will save that much again - for a while, especially in these...