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    2 questions about SPY

    Two things 1) Yes it trades one penny "tick" - You can get in and out on the bid and ask .01 2) It trades with extra volume then a ordinary stock. It has at least 10,000 shares available on each side at all times. This is what is unique about SPY. Its priced high at 120 something and still...
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    steven schonfeld, BILLIONAIRE

    Not all people have the luxury of being staked to trade other peoples money at a true "prop firm". Many people started trading their own money learning to trade and also became successful trading in the pits and risked everything. Whether it was 10k or 50k. If you have no college degree and...
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    Can you trade by price action alone?

    You cant trade on pure price action? I think a lot of people here are swing or long term traders. Not intraday traders. Look at this chart. Tell me why not. Why cant you trade the price and direction
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    Will be buying big at...

    yes. longs worked today also 940am and 950am, 345pm
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    Will be buying big at...

    so what to you now. es never traded that low
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    Can you trade by price action alone?

    I am talking about the ones that trade their own account. Not a floor broker "working a order" And yes i know they moved off the floor now. I was just making a point. Okay he knows price action and order flow. What other complicated things are we talking about that "he knows"
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    Can you trade by price action alone?

    traders in the pits trade with a little mini-pad with sup/res and the curent price only. The good ones have been know to make annual income as high as 7 figures day-trading the s&p500. what are you talking about
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    US stock trading halted premarket?

    rumor trading will resume on monday. check back to see
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    Can you trade by price action alone?

    Okay ill short 3k shares of this 1day chart with NO care of prior "market action" because this is happening
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    German Gold Bearer Bonds - Pre WWII

    Yes and i was contacted by someone who said my uncle (i never knew i had) has left 10 million US for me. All i have to do is fly down to Nigeria to sign a paper and its mine. Im on my way to the airport right now. Ill give you my opinion about your gold bearer bonds when i get back. If you dont...
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    Can you trade by price action alone?

    That does not make any sense. I think you mean indicators. The price and money flow right now will ALWAYS tell you what is happening, because it is real and is really happening.
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    Series 56 - LOL Thread

    No your not. You cant pass a silly series 56 test (this is the s-56 LOL thread) You have no buisness actively trading stocks
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    is my demo'ing realistic?

    is practicing sex by yourself the same as real sex? Hint: Virgins are not allowed to answer this
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    Series 56 - LOL Thread

    Guys, is the pass perfect is only 4 or 5 exams? I think i can get these from my firm! Thanks
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    how is my new prop firm?

    yes you made 348, but you traded 40,000 shares! This means you are up like .15 cents on 20,000 shares. In other words you made 15 cents after all the trades. You need to make more at the end of the day, and trade LESS. If your only going to make .20 cents then you buy 1,000 shares and...
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    Can it be done?

    First, I LOVE the fact this is exactly what they say you CANT do and doesnt exist at all. "scalping/daytrading doesnt exist its only pretend..." Keep going!! one trade at a time, single after single!! Also why share strategy? I assume you worked too hard? Thats how i feel. Keep posting...
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    Best Stocks for Scalping

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    Market Outlook

    wrong the chart today was never bearish. It just looked bearish to you at 1030 this morning. we closed well off the lows today 11/4 friday. The only shorts making money had to have covered by noon. this also means you would have had to been short on one day which was 10/31. Any other day and you...
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    Best Stocks for Scalping

    Liquid? I mean you can buy or sell 10,000 shares (or more) at anytime and get filled to to the penny. You cannot do that on most regular stocks (on normal circumstances). I am highlighting the word liquid to explain it is extra liquid compared to everything else ps- not all stocks with a...
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