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CAH: Any thoughts? 75 a possible target in 2 months, or is that just a gamble? How would you measure the potential risk to reward on a purely TA basis?

Dumb correction: 30-50k a day.

This is a great way to put it, as it weakens the prediction bias that tends to come with traditional TA. Plus because the key areas are zones and not support or resistance <i>lines</i>, they reduce the tendency further. I agree that heightened awareness and responsiveness is what is important...

Good read. Stuff like that is the reason I'd suggest your firm <i>only</i> to a serious new candidate, rather than what I became familiar with years ago.

More bonehead pontification.

I'd suggest not diving into scalping as your main style just yet. It's excellent for limiting your risk as well as giving you the best look at how a stock moves by watching the tape, but you can't exactly afford to practice it just yet. I'd incorporate longer holding times on small size...

Yes, that's true, but a lot of these firms trap new guys with high rates for a long time because they make it seem they have no other option. I'd suggest just calling other firms, mentioning your volume, and see what they rate they will give, you just for your own benefit. If you are doing...

Not exactly. You're at a chop shop, so they're probably charging you .0075-.008 all in, so it doesn't matter. But if you get out of there someday you will see the pricing difference between ECNs and DOT varies for things like adding and taking liquidity. It's still more efficient to send your...

<center><b><font size=3>Bright Trading

A countertrend scalper, for instance, could set sell limits totalling up to 5,000 shares about .10 above the market short, wait for it to approach the half if it has been falling for 20 cents or so with size on the offer, NX the size for 5,000 shares and sell immediately to the daytraders...

Everyone has different preferrences for activity, holding time, and risk so who knows, you may ultimately fit best with scalping. It sounds like you have a good knack for picking up the tape so far. I just feel like I am hamstringing myself by constantly scanning and jumping in and out. Plus...

Excellent description. Got that from that accounting firm that caters to traders? Green something?

Well, I don't really scalp anymore. Only when the situation calls for it, when I do not have a read, $trin indicates a boring market, and there are no longer setups in any of my stocks. My plan is based on the chart, but my read (when I enter and how aggressive the buyer/seller is, where he is...

Whoever taught you that probably doesn't know much about trading or they stopped learning after 2001. What firm are you at? Chop shops that just churn out people who jump in front of size without doing their trainees a real service by teaching them are like the armpit of this industry.

You are not a native English speaker and most people enquiring into the basics of trading from overseas tend to be Chinese. Where are you from?

Your question is valid but your post confuses me. Certain types of TA work according to the psychology of market participants who buy and sell at certain levels for conflicting reasons. You can recognize patterns displayed by aggressive buyers that differ from fearful or conservative buyers...

INET, BRUT and NASDAQ market maker data for listed and OTC stocks will be increased. Anyone else catch this? What is your firm charging?

You from China?

Echo user? ;) I've seen prints like that several times also, and could never figure out what they meant. My only guess is that it was either negotiated on the floor or a late print from a negotiated trade. Someone more savvy than me I'm sure could clear that up.

<a href=http://www.tradermike.net/2005/07/position_sizing/>This might help.</a>