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Does anyone trade multiple positions? like 30 - 100 different open positions? If you do, how do you efficiently manage them? There are several very successful traders at Worldco who does this but, of course, they won't tell me their secrets. I do know they have both long and short...

That 4350K in above post = $350K.

I personally know of a guy who, for some reason, decided to start trading options. he was not in the biz. he had 4350K to start when the internet was going nuts. He used eTrade or AmeriTrade. He has eSignal with satellite feed set up in his basement I recall. He juts bought internet stock...

The ISI Market Machine is what we use at Worldco... The most reliable system we have but not thet flexible or powerful..but it never goes down.

Seriously,...why wouldn't this really work???? Ingenius!

If Im set for life...Im in Tahiti with palm trees and drinks with little unbrellas. OH - and ...satellite link up to daytrade.

Re: Larry Wiiliam's stop-loss method - the fixed $ amount.. If it is set at max loss of $500, and you are long 1000 shares, that is 50 cents loss. If you entered a position at $50, you would set the sell-stop at $49.50. If the stock is at $51, is your stop STILL at $49.50? No trailing...

Does anyone know of books or articles (preferrably web articles) on technical analysis for pure intraday trading? Something that could be used for above situation?

On the long side, many people buy a stock when it opens, trades down or gap down, then trades back up to the opening price. Many buy the stock at that opening price. Assuming the market is trending up as well, what other criteria would you look for besides just the price? Other technical...

Above statement is probably one fo the biggest misunderstood concept in money management/trading. If you stopped when you reached $500, you'd be broke veryquickly because you have to somehow make up for the down days. If you are good enough to have 50/50 days, and you had the discipline to...

Daytrading hedge fund: SAC...the biggest one there is...and probabaly the most successful.

With that volume, you can get 3/10 - 1/2 penny a share with 1 - 1.5 cents for bullets at an Andover LLC in LA. You want the number?

What a joke...Guess the funds already bought MON...wow - 2 point rally in 2 weeks!

PALM being deleted

And that is where the advantage of bullets/conversions/baskets come into play.

I'll tell you one huge advantage of trading at a pro(p) firm: If you blow out your capital, you can still continue to trade and get paid at pro(p) firms, unlike retail. This all depends on your relationship with your firm, of course - but it's really one thing: what is the bottom line? If you...

I quit trading at 11AM. 99% of my money is made first 30 minutes of the day. Then I return to do MOC, if any. And even that has sucked last year or so...except during quarter ends and S&P changes....So, yea - first hour is THE opportunity for me.

Call Worldco office in NYC - 212-601-6000 or 7000 and ask themt o give you the SF nuber...Obviously, tell them your'e interested in trading there , etc etc etc. The guy in charge of SF used to be guy named Long Phan but not sure who it is now.

There are other aspects to consider as well. I know of an Andover sub-LLC in LA area that offers 100% payout but you can not trade if you dont have any capital...so in that sense, they are similar to a retail shop except you get much higher leverage and better tech/software services probably...

Everybody is so confused....You wont get any info about their sub-LLC's directly from Andover. Every sub-LLC has its own deal with Andover so what they can give you is going to differ. These sub-LLC deals usually work in one of 2 ways: 1) The founder(s) gets an override from their group's...