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Whenever there is math I have to get involved. Attached is a spreadsheet, the % of profit column is what I (a 3 month trader) have produced so far this month each day on my day trades, not impressive #'s by any means. When you factor in margin and my measily #'s, you'll see that in 9...

Relax! Enjoy college! When you graduate get a job, save up money, then trade. No rush, you have your whole life.

Dow has been trading between 10,200 and 10,700 for the last three months. Do you need technicals to take a position at 10,300 and expect it to go up? Stop bothering this guy, he made an obvious call, and he was right sooner than most people would have thought, so eat his dust. I'm not trying...

Five year contract for 500 Million, but that includes all the expenses/salaries of running his show. Let's say he has a 30% profit margin, he'll take home 30 million a year. We'll never know exactly what he takes home, but it's not 100 Million a year. He deserves every penny. If...

Guitar (daily), lifting weights (3Xweek), Running(3Xweek), Basketball (weekly), Golf (weekly), Bartending/entertaining guests (1xmonth), Woodworking (3-4 projects/yr), Photography (monthly). Maybe some others that I might be forgetting as well. It's good to be well rounded, especially if...

Placed 9 trades and commissions accounted for 32% of my loss.

I haven't placed any trades the last three days because I haven't been seeing anything I like at the open. I have attached my excel trading log so that you can see the effect my trades this month had on my account. Stats are horrible this month as well as my performance compared to the Dow and...

Read every article on this site about day trading. Good information and everything anyone will tell you here. http://daytrading.about.com/

I Traded Yahoo today. It opened at 35.88 and the pivot point was 36.03, so the bias was to short. It went up slightly and I placed a market short sell order for 255 shares when it was at 35.96, I didn't get filled until it was 35.79 thats 17 cents off, but the stock was declining and there is...

More money beats margins any day. Take two retailers for example: Walmart: Gross Revenue: 287 Bil Net Profit: 10 Bil Profit Margin: 3.5% Bed Bath and Beyond: Gross Revenue: 4.4 Bil Net Profit: 400 Mil Profit Margin: 9% So You as BBB might make a better margin than the other...

Bought Long 265 Shares of EBAY for $37.16 Sold at $36.33 Pivot Point was $36.99 - - - What Happened? Net Proceeds: (219.95) Less Commissions: (14.45) Net Loss: (234.40) Forgot to put my stop loss in place after I bought the shares, I was playing emotional because of what happened...

I traded AAPL today. Pivot point was 37.72 and it opened exactly on Pivot. I bought long because the stock was moving and I got a price of 37.74 on 270 shares. I set my stop loss at 37.49, remember .66% below my purchase price, well sure enough it moved against me and I was stopped out, but...

I changed my stocks for my strategy to ones that have a little more volume and move a little more during the day than the dow Jones stocks I was looking at, although I kept 8 of the DJIA's. Below should be the file for the stocks I use now and the strategy testing I've done for them in the past...

I find it worthless to trade on friday's in the summer. Many stocks opened today 1% above yesterday's close and then took a dive the next 2 hours. Market is wacky on fridays.

Buy long 900 shares of Ford (F) today at the open at $10.97. Sold at 1:14pm at 11.08 for exactly 1% gain. Gross proceeds: $99 Less Commissions: $14.45 Net Profit: $84.55 The pivot on Ford today was 10.90 and it opened at 10.97 so I got right in, and it climbed in the opening minutes, I...

Sold short 1000 shares of Ford (F) today at $11.06. Covered at $11.01. Gross proceeds: $50 Less Commissions: $14.45 Net Profit: $35.55 +.45% I Forgot to set a limit order on my 1% target which would have been filled almost right after the first trade. It started creeping up and...

The big % loss on intel was because I got away from my discipline and trading plan and it won't happen again. I have a 1.5:1 reward to risk ratio with a 60% winning percentage, that means net profitable. I would like the percentage to be around 75% though. Also, I am net still profitable...

Yes, go back and read the posts.

Thanks Lefty.

I am no longer trading 100 lots. I don't feel I am getting killed on commissions that hard either. The math is all corect in what you're saying, but I really like scottrade as my broker, and prefer them. My fills aren't a problem either, actually I was surprised when I first starting using...