Search results

What i learned from friday on the failure to traverse is that it can lead to a wash, reversal, or the creation of a new point 3(trend continuation). the reversal ended up being a wash and i waited before entering a new trade because i saw a BO,FTP forming that could either turn into a reversal...

I am somewhat confused. I thought we were suppost to reverse when price fails to make the traverse across to the other side of the channel. This occurred on friday at 11:15 am. Should we stay because of the possibility of the iceberg or reverse because of the possibility of a reversal? I...

I hope i can help you by showing you how i saw it. I saw a ftp/breakout play right before the rocket. The trade turned into a rocket and i immediately started looking for points 1,2,3 using volume. Point 2 occurred at 12:15 and point 3 at 12:30 on decreasing volume. This channel was broken...

What i see from Jack Hershey's methods is a mechanical system that is part discretionary. It is discretionary until you can recognize all the flaws that happen in certain sequences. Once you get to this point, it becomes a mechanical system at every level. The big picture that i think Jack is...

Jack Hershey, thnks for the wealth of info you have been providing in this forum. I am trying to use your methods trading nasdaq stocks and was wondering what things would apply. I am not using +/- .4 for nasdaq stocks because i find it rarely gets to be that divergent. Could you give me a...

Although scalping might not be a profitable endeavor for most, there are traders making good money scalping the nasdaq. I am in my sixth month of trading and average $2500 a week. It might not be millions, but more than enough to sustain me as a 22 year old. jc

What is the best commissions i could get with me providing my own capital. I am a nasdaq trader that averages about 120K shares a day. Is it possible to get $5 tickets with 100% payout? Thanks in advance. jc

I have been trading level II now for 5 months. After a while you recognize patterns and know what will usually happen next. I made $4000 this week using a scalping/discretionary style. There is no easy money reading level 2. Its just professional against professional. Just be better than the...

Although, I don't think htrader will divulge his day trading strategy(i wouldnt), he attempted to have an emini journal on hitman's message board. Just relaying some info to what i percieve to be inquiring minds. htrader, i was in a similiar situation as you are in last year. I didn't have...

heartland offers a salary the first few months to learn the ropes which subsequently becomes your draw. They also offer 401k, health ins., and vacation time. Most people do offer their opinions before they do the research. Twu, you should do your own research instead of listening to other...

another sneaky thing they do is use crowd psychology. THe market makers know that traders shy away from their market maker name(psychologically, traders like to be on the same side of whatever side the market maker is on) so they will maybe show a thousand or 100 shares and have a boom on the...

So i guess you get us naz traders salivating for some useful information and then leave us hanging. thanx. anyway, since no one is contributing, i hope to be the first too stimulate further contributions. here are a few things that might help. they might me noobish as my name refers too...

thnx. yes talking net.I appreciate your response and am still listening. jc:D

first i would like to thank everyone for the replies so far. i am looking forward to more. my trainer trades nasdaq. he stresses experience experience experience. he learned through experience. he expects the same from me. he will answer any questions i have at anytime though. thnx again for the...

i have a predicament and would love your input(your input will be play a big factor). I am wondering if i should focus on trading listed or nasdaq. the firm i trade at primarily trades nasdaq but some have switched to trading listed recently. I want to make the best money possible as all of us...

I also trade at heartland. Consider yourself lucky if you get hired. They usually only hire ivy grads or the like. There is an initial SALARY for the first few months. Did you hear that? salary. Which becomes a draw after a few months. The salary is to help you while you are learning how to...

In regards to all employee traders not having a sack; IF YOU had a choice: A: Use and learn trading on the capital of the firms until you know that trading IS the right fit or not. OR B: Using YOUR capital(im right out of college with loans) and risking your own money. SOME people...

I have a question about the 55. What is the third market? is it listed securities trading over cqs? I am kind of confused. thanx in advance for the help. jc

can rebate nasdaq trading be as profitable as scalping the nyse? Do the numbers of the best liquidity traders match the numbers of Nyse scapers? That is my main concern because i thinki willl be trained as a liquidity scalper on nasdaq. jc

So you are saying that the GROUP NETWORK AL QUEDA has enough resources to create a great destruction(sept 11) but THE COUNTRY OF IRAQ does not have the ability to create a great destruction or mass destruction. hmmmmm...........i must have missed something somewhere. jc