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  1. M

    Shorting easier in general than going long?

    Interesting point of view. I didnt really think of it like that, but it makes sense. I might try to incoporate this in my filters. I hate the idea "the market" is trendng up therefore go long... There are always sectors or stocsk with "bad news" that cuase violent daily moves, even in the...
  2. M

    Shorting easier in general than going long?

    I meant to say "trading" at higher than average volume and are trending intraday..... ;)
  3. M

    Shorting easier in general than going long?

    Makes sense. Basically I am using a filter to find stocks which are trending are higher than average volume and are trending up or down on an intraday timeframe. It seems after looking at charts, the initial moves are often very direct and pull back very little.. vs the uptredningf stocks...
  4. M

    Shorting easier in general than going long?

    Well in theory yes. But if you are trading intraday, then it isnt an issue
  5. M

    Career Advice/Help

    I would seek out more specialized ones (financial only). They get better jobs I think. As for as chicago, I have no idea of specifics. I would start with your alumni though. Could be the best way to get advice and connections at the same time. Or family friends, etc.
  6. M

    Career Advice/Help

    Not to sound trite, but honestly, most jobs are gotten through networking. Since you went to a good school, I am sure you have successful alumni that could help open doors for you. Contact your alumni office at your school and explain your situation to them. Also, financial recruiters have...
  7. M

    Shorting easier in general than going long?

    I have watched/traded the markets now for a few years (as a nasdaq MM and prop trader) and I am almost positive that shorting stocks is easier than going long. If you ignore extremem overall market conditions, in a choppy or flat market, even slight uptrending, stocks that are declining seem...
  8. M

    My System And My Percieved Problem

    Hello, I have been studying different aspects of the market for a few years, and have developed a strategy over time. I will give you a gist of teh strategy, and what my problem is. here is how it breaks down: 1) filter out stocks $15 or more that trade an average of 100K shares daily, that...
  9. M

    Trader P/L 2005

    today was frustuating. I traded from the long side, and got shaken out of almost everything for small losses. but I went something like 2 good trades and 13 bad ones.. I have to adjust my entries somehow.. Nothing followed through when I entered, and it would end up running within 30...
  10. M

    DMI/ADX consistently works

    I am using an additional filter that finds a form of consolidation intraday. The idea, (just started using it so not sure if it works), in theory is to find trending stocks that are trading at high holumes and are temporarily resting.
  11. M

    DMI/ADX consistently works

    I like the ADX/DMI indicator. Many people think indicators are useless, but I find that if you use them in your scanning for candidates, they can be helpful. I never use them for entries, but if you know what u are looking for, they can help give you good candidates. I also use volume...
  12. M

    Negative bent to many of the posters here

    Which makes me wonder why the moderators arent stricter with their guidelines... On other boards, "trolling" gets a warning followed by a straight on ban.. Doing that would clean up alot of the crap here and make it more constructive
  13. M

    Echotrade

    You would think that YOU would eventually move on with your life and stop making yourself look like a bitter whiner on a message board... You have made your point, and constantly bringing it up only makes YOU look stupid.. No offense, but its getting old..
  14. M

    Trader P/L 2005

    +359 on 5400 shares.. This is my 3rd up day in a row, but still on the simulator. I am going to switch to my live account soon, to see if I can make this work..
  15. M

    Traders having ADD Part 2

    Who are u, friggin Tom Cruise on a talkshow representing Scientology? It is a chemical fact that diff disorders are caued by serotonin and other chemcial imbalances. I have a friend whose mom suffered from a serious disorder and medication basically saved her life. Now with ADD, the...
  16. M

    Traders having ADD Part 2

    You dont. You have a gift. Embrace it and maximize it to your utmost potential young Jedi.... :p
  17. M

    Traders having ADD Part 2

    Dude, you read my mind. Same way in HS, kind of the same in college, but Finance held my attention and since i could select courses it made it easier. diagnosed in college, the drugs (ritalin) didnt do much, so I sorted the rest of them on friday nights. :D I love resarchng trading and...
  18. M

    Traders having ADD Part 2

    My biggest ADD fault is remembering a strangers name once introduced... If it isnt a smoking hot women, I immediately forget. I even forget teh smoking hot ones once inawhile :eek: :confused:
  19. M

    Trader P/L 2005

    from your responses it seems like a few of you are "momentum trading".. But the stocks many of you are trading are pretty cheap. I always thought momentum trading was dealing with more high flyiers moving on news/high volume? Am I wrong here?
  20. M

    Trader P/L 2005

    haha. same thing happened to me yesterday. Made $790 on NTES (best day by far) trading it for first 5 minutes of the day with 300 and 600 share swings. .. It is much easier when on a simulator. Problem is everytime I switch back to real $$$ I dont do as well.
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