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tradermike, There have been no studies as the one I suggested. Risk of ruin is basically nil if you are implementing sound money management (lets say 1/2% risk on trade). To blow out would require that you make a massive amount of incorrect trades, one after the other! The fact that these...

tradermike, I suspect we are talking/thinking about two different things. In your post you mention, "the avg guy with an online acct" while I on the other hand presume (perhaps a bit naively!) that a person who is trading intraday has the following minimums: 1] edat execution 2] realtime...

this is interesting first of all no indicator is perfect, otherwise there would be no market. I agree with pretorean2. Simplify, simplify all these indicators like stoch, avg, etc. can become like crutches. Giving you the impression that you 'know' what you are doing. second, you say "I...

tradermike, you make some interesting points and I honestly like your style (I watched you trade on SI and on your original/first web site swingtradingonline.com) To say that daytrading is not profitable is a dangerously absolute statement. I, obviously, disagree with you. It is a matter...

WMGI ipo was not available through IB (system wouldnt recognize symbol!) why? are they going to fix this? when?

curious what is Ken's style of playing b/o ?

Baron, I agree that nothing is perfect but painting the tape with a few 100 lots is easily identified as such. When you see massive volume crossing at that price level its different. I guess it depends really on your strategy and edge. I have nothing against LII. But since my trading...

trading b/out downs I believe is rather rewarding (as long as it has room to run -- as opposed to resistance/support close by) because if you are flexible and responsive you can close the position quickly when you see you are wrong. Even if you are wrong 90% of the time, you can make money if...

I dunno, I mean if you follow the relevant sector index/futures/major index you can get a feel for the break out/down.

I agree, with all the mm games and head fakes I don't understand why people use LII? then again maybe I'm missing something. The way I figure is, when people take a position, then it matters. All the posturing is distracting for me and I ignore it totally by not having LII on purpose. I...

lets be objective here, traders go both long and short. what about the danger of stops being triggered on short positions and causing a pop in price? wouldn't that 'danger' offset the other? this type of thinking is extremely dangerous because if we start to meddle with the workings of...

I've been rolling this thing over in my mind and I just can't come up with one convincing argument against trailing stops. C'mon guys, just provide a platform and we'll do the rest. And that includes taking calculated risks. Because unless I'm missing something, this is a capitalistic...

when I started learning about trading I heard from some smart people that trading was 90% psychology, 9% money mangement and 1%your system or edge. wow! now I see as never before how true that is!! Douglas is right, the next frontier in trading will be psychology (before it was technical...

who exactly 'proved' that portfolio insurance caused the crash? With all due respect to the chairman's view,this is bunk! After every crash people hunt down someone, something to blame.....cause it sure wasn't their fault!! Did you know that Congress held inquiries into banning the use...

"Press on: Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genious will not; unrewarded genious is almost a proverb. Education will not; the world is full of educated derelics. Persistence and determination alone...

forgive my ignorance but isn't the clearinghouse where the buck stops for borrowing?

RT symbol for indices: $[symbol].X Example: $SOX.X There is also a symbol search option in RT

Any strategy based on capturing dividend needs the stock to be moved *only* by that event. However, securities are susceptible to a host of different factors, news, general market trends, etc. A few hedge funds do take advantage of dividend 'mispricing' where to different holders the...

this may not be what you want to hear but I would advise you to start swing trading and then to slowly reduce your trading/holding time. the shorted your time frame the more experience/confidence you need, IMHO. a good swingtrading community is http://www.momentumstockplays.com they...

http://www.phlx.com/news/mem_divisor.html need Adobe Acrobat to view pdf files