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well.. the longer your holding period, the longer the time period chart you would want to use.. im not sold on the idea that the smaller time frames take money from the longer time frames.. i suppose its true in a market maker/customer relationship but as most traders lose money, i dont see...

version77 yes, he was able to make the trades, and his broker did not break them before they gave him the boot.. but he created two problems.. first, because he was trading outside what had been the "market price" for the stock, it looked like he might be trying to "paint the tape".. if i...

neo =) the chart and the T&S should look the same because the chart is just a visual representation of T&S.. what you may be seeing is the Chart only charting prints from the NYSE while the T&S is including prints from other exchanges like chicago and NASD.. just a guess.. csco is one...

Magna =) thanks for correcting me.. at 3am i tend to get things confused a bit.. -qwik

wait until the market closes.. at 5:30pm, in Account A enter order to BUY 3000 shares of TQNT on ecn MKXT 5 dollars below the current market price.. in Account B, Sell short those 3000 shares on MKXT.. now, in Account A enter a SELL order on MKXT for 3000 shares of TQNT at 10 dollars...

i agree with the two posts above.. the old design of one list of threads was much better.. i like the other improvements though.. -qwik

you forgot a miscellaneous account for those times when you know you want to make a trade but can quite figure out what account its supposed to go in.. =) seriously, it sounds confusing to me but whatever floats your boat =) -qwik

i got this from the yahoo support group.. looks like some of us will be looking for a new data provider.. -qwik

I agree.. -qwik

MG, =) if i were just starting, knowing what i know now, this is exactly what i would do.. 1.) Go to the book store and get 3 books.. "Trading for a living" by mark douglas.. this is a book that covers psychology.. you can read it before you start trading but probably wont appreciate...

Magna.. when i was with cyber i had very good success after supersoes implementation using redi.. for one its cheaper than arca.. .002 i think.. selectnet was slow because it was a negotiation system.. a market maker had to respond to your order and that took time.. but when you...

janko =) the answer to your problem is very simple as is the solution.. but implementing the solution takes time and persistence.. first.. why did you not take the setup? there you were.. watching the stocks.. they hit your price level.. what happened next? they started upticking...

fwiw during the several months that i subscribed to Kens room, i can only recall him taking the overnite setup a handfull of times.. maybe four or five.. he looks for strong/weak stocks that are closing on the days High/Low on very high volume.. also, the market has to support the direction...

if you are an intraday breakout trader and are interested in sharing ideas then feel free to join me in yahoo chat "Elite Breakouts" under Business & Finance - User Rooms.. kempo and i traded together for the first time today.. it was actually quite productive.. i hope some other traders...

Turok, unless redi and arca have their automatic order routing function turned off they will attempt to hit the best available market participant.. if you are trading a stock that is 102.01 x 102.05 and enter a sell order for 12.01 on arca, arcas smart routing will try to hit 102.01, not hit...

arky =) supersoes has made order routing much much simpler than ever before.. both redi and arca will automatically scan the market for the best available price and route your order accordingly.. i recommend that you use whichever has the cheapest ecn fee at your broker.. i dont recommend...

esepich what kind of trader are you? intraday? swing? do you have a clear and well defined strategy? what was the cause of your losses? overtrading? loss of discipline? not following rules? just failed setups? are you controlling your expenses? why are you trading? what do you...

lescor, we could do that.. we would be discussing breakouts though and i think it might be a distraction for those people trading the GNP pattern if we are chatting about something totally unrelated.. i visited there last week and its pretty busy as it is.. -qwik

i was a member of Kens site for several months.. i had just started trading nazdaq stocks and his site seemed to explain what i was seeing in the market.. unfortunately, buying bottoms and selling tops was a losing proposition for me.. i never could get the hang of buying something 5 times...

kempo and karabugla, my yahoo ID is qwiktrade2.. IM me in the morning and we can create a chat room.. do you have to have an account with omega to buy the software? -qwik