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The bottom line in trading is that other people's result don't mean sqwat to you or your likehood of success. The only thing that matters are your results and your bottom line. One person's profitable strategy is another man's loser and visa versa. No one knows if they are going to make it in...

Ended up a good day but it could have been a lot worse. Had 4 fills and 4 winners, but one of them really hurt for a while. It eventually came back for me and I got a small profit. It actually would have been a large profit had I held even longer, but I was just happy to be able to get out...

Had 3 fills. 1 winner and 2 lossers made .50 cent on the whole. I would have had 3 winners had I held the other two a little longer.

I am surprised that no one has anything else to offer in the area of tape reading. This is such a huge and important part of daytrading I figured someone would have something to add. I guess it speaks to the usefulness of this message board.

only one fill today but it was a good one. made .48 cents

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I wanted to start a thread about tape reading. I am currently trying to learn the art of tape reading and I feel I am making some good progress. However, I have had little education and guidance in my quest to read the tape. I was hoping those who have more experience would be willing to...

5 fills, 3 wins, & 2 scatch. Don I was wondering at what point you decide to take a loss. Is there a point which you will always throw in the towel? I have noticed that many losers often become winners if you wait, but I realize this could be setting myself up for a big loss. How do you...

Even on an illiquid stock you should not get filled outside the bid and ask price. However, if you are wanting to buy or sell more shares than is quoted at the bid or ask then you may very well move the market up or down by an unforseen amount. L2 quotes can help you see what the worst case...

I think you should always use a limit order. Placing it above the market when buying and below the market when selling insures you will get "market-like" orders which are actually filled much faster. Many people think a market order is the fastest way to get a fill, it's not true. Market...

On 10/28 UBS downgraded that stock. Why don't you call them ask who sold on that day.

I think you should choose a stock that trades on the NYSE and is also in the S & P 500. It should also trade at least 2 mil shs per day and be incrediblly financially stable, a very good credit rating is the best indicator. Finally it should have a stock price between 20-70 dollars. I think...

is that 1.2% and 1% from your FV calc for the stock?

Don what do you mean by- "Used 1.2 buy side, 1.0 sell side for the opening..."

If you go to www.IShares.com you can get the P/E's for their ETFs which are supposed represent the indexes. It's probablly as close as you need considering that the number is irrelavant anyway.

here is Bernies interview. It's pretty good insight worth considering. http://www.traders.com/Reprints/PDF_reprints/SI_SCHAEFFER.pdf

If you have read the interview with Bernie Schaeffer in T & S you would see that he thinks the Vix has to go a lot higher, over 100. I really have no idea but it seems that a reading above 50 has been pretty good indicator over the last couple of years. One thing I think is interesting is how...

How many shares of the QQQ's are equivalant to 1 emini?

I am a broker and my company constantly sends orders to the regional exchanges. The Midwest is by far the favorite. Whenever I see an order get routed to the Midwest I always make a point to watch the order and watch the market. The Midwest will give you a fair price if the market is not...

Buying options is usually a losing strategy. Creating a spread can make it more fair because you don't have to pay the full premium. I would think that in general you are better off doing a credit spread or going naked. Many people think these strategies are more risky, however, they fail to...