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  1. K

    Trading stocks with little money

    Why not go IB and trade expensive stocks ? At half a cent to a cent a share theres not much commissions...and with all the volitility lately you can easily swing a more pricey stock(20+) for 5-10% over the course of 1-2 weeks. Not saying that would be your expected return, but you get the...
  2. K

    Summer Trading

    VMSI sitting on trend line. Far aways from 20 DMA, but still could continue given it's strength and good volume. Tomorrow I'm going to look to get out at around 50.35 unless chart shows that it will be breaking down below this level in which case I will use a trailing stop and see how far it...
  3. K

    TradingBillion's Successful Futures Trading Adventures

    Quit feeling sorry for yourself. The market doesn't owe you anything. Stop thinking that it does. Not to beat a dead horse. But if you do have some question with the mentor route, I am open for the little advice that I'm qualfiied to give via pm's or whatever.
  4. K

    Want to be a professional trader

    I'm sorry. There is absoluetely no value in any literature out there. Are you guys serious? I'm 19 years old... I have a mentor online and another one for a fund that I am working for (that does not do what I want to do so it's not too much use). And this is my only "real" communication with...
  5. K

    Want to be a professional trader

    One time fee of 1000? I don't mean to be a cynic, but with 1000 he could buy all the literature he needs to start, plus some and go to a good seminar after he has a base.
  6. K

    Do you gamble or buy lottery tickets?

    I was hoping you were kidding, but I'm sure had you done it. You would probably be in Hawaii right now sipping on some fun juice. So i'd have no place to talk, would I?:D On the one side... if you stop and think about it. What are the chances AAPL goes to 0 on any one drop? What's the average...
  7. K

    Do you gamble or buy lottery tickets?

    Speaking of gambling... there are lots of ways to do it to raise expected values and actually make a profit. Most people that go to vegas, however, are not interested in doing this. THey are there to relax, to unwind, or perhaps have some illusions about striking it big in one day. Even at...
  8. K

    Do you gamble or buy lottery tickets?

    I *think* chart has gone up more than down. Hope you have money elsewhere when you lose it all, or when you get really lukcy you take it all out and never come back again. How has your method done?
  9. K

    TradingBillion's Successful Futures Trading Adventures

    I've had a "online" mentor for about 8-10 months at this point. I can honestly say that the hardest part has been understanding... sometimes that just doesn't occur because he says something so obvious to him but its not obvious to me. So I ask again, etc. Anyways, it's worked out for me...
  10. K

    Summer Trading

    Would have liked a stronger close today... but nothing is violated. Now it's waitand see time on monday. Wish I had time to do some intraday trades today. Lot of stocks moving with some very tight patterns...
  11. K

    Summer Trading

    Short 100 VMSI @ 50.90 Stop at 51.50.
  12. K

    Summer Trading

    3 - 5 grand a trade depending on if I am using margin or not. Not very much money. I withdrew some a few months ago (and I lose a few grand in the first 2-3 months of trading where I really got told that this trading biz ain't easy). Depositing 3 grand back into my account this summer and...
  13. K

    Summer Trading

    Going to chronicle my trades during the summer as well as lessons I learn... I already keep a journal on my own, but am interested in seeing what kind of feedback i can get here... Brief history... just turned 19 yrs old, started trading pretty much day i turned 18. Account bottomed out a...
  14. K

    Crox

    Go to Europe. You will see you are dead wrong.
  15. K

    Is technical analysis getting the recognition it deserves in university studies?

    What you are saying happens all the time. Look back to the old TA books like Magees for instance when head and shoulders patterns, double bottoms, double tops, and any other easily recognizable patterns wernt well known. Look at how well those predicted price before and now look at how the same...
  16. K

    Is technical analysis getting the recognition it deserves in university studies?

    I'd like to take a poke at distinguishing the difference between a "trend" of heads on coin flips and a trend in the ta world for my first post here... A coin has no behavioral response to prior performance as we are talking about completely independent events. The probability of one toss =...
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