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MR_f, I made the same mistake at least twice, or was it three ...four ...five times ;) I agree with zboy's quote. Professionals average up, amatures average down, unless you are a specialist or a market maker :) Bill

I took the last seminar Tony Oz held and I highly recommend it. It was well worth the time and money I have invested in it. I think the movie is better than the book :). There was a guy in our class (Bruce) who took Tony's seminar last year and came for a refresher seminar. He said that...

As Zboy said, it is all good until that one trade gets you. I recently took the Tony Oz trading seminar. He told us some horror stories about the bad trading he has done over his career and the true risk that is present when you get away with it. Your #daytrader buddy can still go bust on...

This is exactly why most traders hate it - limited charting and unreliable backbone! Non of the firms that offer it have sufficient server banks with guaranteed redundancy. If you were to give Zhu's software a try, I suggest you do it with http://www.tradeportal.com Merrick (thw owner)...

If you bought MO in 11/98, you still did not break even. And ... the stock went down 68%+ Yes it did recover (not fully-still down about 18% from 11/98), but it took a long time. I am not saying that you can't make money this way, but watch out. If you have unlimited capital like a...

I have something better, Don't trade with IB! This is absurd. I will contradict my previous post and say this: The IB system should know that the market is closed. As far as I am concerned, their acceptance of the order and execution while the market is closed is their mistake. You...

I haven't heard too many good things about Tim Zhu's software (Virtual Trader). Some traders seem to like it, though overall my impressions were that most who came from a "higher-end" platform said something like, "it is a piece of ..."

A broken trade is simply a trade that never took place. Consequently, your position would still be open. You should know that futures don't trade on Saturday. Unfortunately, you have no case, and it will be wise to put it behind you as soon as possible without any arguments. The fact...

Thanks Baron, Looking forward to reading your guide. Right now I am using RealTurd III :) I'd like to know if there is anything better than that.

I am not a member of their site. I just thought the tutorials were interesting :)

Robert, If I understand it correctly, Swoop only trades penny stocks. That is the first and probably bigger mistake ;).

LOL Robert, Great comparison. Let's take it one step further. The last time the Lakers swept their way to the finals, they were swept by the Eastern Conference Champs (Pistons at the time). Does anyone want to bet that the Lakers would lose the finals? Isn't it similar to "The last...

"For swing trading, the few ticks more are not important" http://www.elitetrader.com/vb/showthread.php?threadid=1374 Here is guy that swing trades 10K lots and is worried about a tenths of a cent. i feel the same as you do, but I don't swing trade 10K shares either ;). It just goes to...

http://www.realitytrader.com/ta/play.htm http://www.realitytrader.com/ta/video/index.html Enjoy

Baron, I found your article http://www2.elitetrader.com/ha/guide/index.cfm to be an exellent guide to picking the best equipment and operating system. Along those lines, which do you feel is the best trading software and why? I felt that you did not address that issue, but wouldn't you...

If I remember it correctly, Tony explained to us that since the futures are traded on the floor, it takes a few seconds to type in a trade once it takes place. This allows electronic arbitrage (or front running) using ISLD and QQQ. What you need to do is create a level II window with only ASE...

I know Tony trades the QQQ a lot. When I took his seminar, he said that the Island Boys (those who use ISLD for program trading) give a faster signal on the direction of the Nasdaq than the futures do. He showed us screen captures, and at times, the Island Boys were 7-15 seconds faster than...

Sounds interesting. I can hardly wait.

Thanks Baron!

Swoop wrote, "I'm here, like all of you, to learn from any of you on how to trade better. We all would like to have some extra cash in the bank." Amen! :) Can you share with us the stocks that you trade all the time. If you don't want to share this information, because you fear it would...