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I don't live off my trading as I live off another business I own. By owning a business I have no pressure to make a return which helps dramatically. I hardly ever take money out of my trading account. This means my account is growing heavily. one thing also is my return is usually a %...

Hope I didn't come across as too harsh but better me than the market. What you wrote in the last part is fine. As your skill improve you stops will automatically get tighter as the ability to recognize patterns improves. rtharp

treb20 Worldco is listed under the brokers section above. It has 8 reviews and 75% are negative. I'd probably find something else. rtharp

Honda I'm wondering how much you learned your lesson from this? No one addressed the 2nd part of my post but maybe I wasn't too clear. I always use stops but never shoot for homeruns. What I'm curious about is what type of ratio are you shooting for. If you make .25 on a winning...

I've got a few friends who trade the Forex. The Forex market has the best trends of everything. Can't contribute much though as not my area. rtharp

I don't use IB but am curious how you came to the conclusion of that everyone doesn't like them. They have a few problems but go to the brokers section of this website and 89% recommend them. That is the majority. They also have 36 reviews which is a lot more than others. I see more traders...

It's the lower prices. 10% move in a 10 stock is a point. While a 10% move in a 50 dollar stocks is 5 points. rtharp

option prices are reflected by the underlying stock, not the other way around. Options don't lead stocks, stocks lead options. The volume in the underlying stock is always a lot more than the options. You won't find many charts on options intraday because most option traders watch the...

The stocks I trade vary. If it's a bullish day than I'm buying stocks that have a huge increase volume. I look at IBD, http://www.investors.com, realtimetraders, bigeasy, traderbot to name a few of my screeners. I traded HD this morning but got whipped around, it would be above...

The human mind can only take in about 8 bits of info at any one time. It's how they are grouped. I 've got a monitor for the S&P's another for my account/trade manager with a 5min/15min/1 day chart for the stock I'm watching/trading and a 1 min with an ECN time and sales I...

Limbo I trade both exchanges. The problem with the NASDAQ is try owning 10,000 shares of a company and having the stock start to move against you. It sucks getting filled for 100 shares here than the stock drops another 1/2 point and you can dump 1200 meanwhile you trying to sell...

nice post P I agree just watch a specialist for awhile. I usually need just a few days with different types of patterns to learn about him. I have my favorites, but it usually doesn't matter who it is. (I have a blacklist with about 20 stocks on the NYSE that I will only trade in...

Reverse splits have a history of soon retreating back to the old price after happening. This stock is now trading on the pink sheets. Odds of getting off are very slim. Mutual funds are usually 80% of the market. They don't touch the pink sheets. rtharp

I used to be a penny stock broker. 80% of the companies my firm recommended are no longer in business. This has the same type of signs. The market is very efficient at pricing things for what they are truely worth. I'd avoid this one. rtharp

dlinche certain specialist gap and others don't throughout the day. It takes awhile to learn who to avoid rtharp

We are still oversold on the longer term. Bear Market Rallies can last for months. We need to knock out quite a few shorts still. I feel we still have more downside but might have a few short term, meaning months, rallies in between. Commisso is right read the market. Don't have a...

I hate that the specialist can hold my market order for 2 minutes. A lot of times I use market orders because I'm trading for more than the bid/offer. Something is going on and I NEED in now! That 2 minutes costs me thousands per day. I still make money but could make a lot more if filled...

Look for extremes ......... extremes in volume will continue in the direction they are going usually extremes in price without volume will usually have a reversal or a bounce. rtharp

You are correct Echo has a cap of $25 rtharp

thanks for the post MJT http://www.stocktrade.net charges .03 per share also http://www.stocktrading.com is Bright's address that charges .01 per share A cap on commissions helps a lot. rtharp