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C'mon Hitman, let's get some more gift trades :) Gotta know when to show 'em Gotta know when to hold 'em Gotta know when to fold 'em MGB

re: TradeRX <i>You were damned lucky in that trade. My guess is you were long at least 10 minutes before that spike. COMP was headed down...and NVDA with it. At some point in the trade you were down about 40-50 cents, recovered a bit, then fortune smiled and...CACHINGO!</i> No, I had...

re: Turok <i>Just for interest, my methods had NVDA short in all timeframes (1m,3m,15m) at that point. If you don't mind sharing, what method had you in long at that fortuitous moment?</i> On the 1 min chart, it looked like at reversal at 11:29am because the red bar gapped down and the long...

Tuesday 14, 2001 Ah, another sweet day. I was up +400 within the first hour so that was good. Then I was in a lucky trade around 11:35am when it shot up +1.5 pts. That brought my total to +1710. I decided to stop trading since I didn't want to churn into negative territory (a bad habit...

Monday, 13 2001 Today was a very non-trending day. When the market goes up, NVDA mostly stayed flat. When the market goes down, NVDA mostly stayed flat. Most of the time it just didn't move. And when it did move, it moved less than it normally does. I made some good trades though. I ended...

There are no self-employment taxes for Traders in Securities. MGB

I recommend GreenTraderTax.com for detailed information. I purchased his "2001 GTT Trader Tax Law Guide". I'm confident with the information and I understand clearly how the tax laws work for me as a trader. Just to be brief... <b>What's the advantage if you declare Mark-to-Market (MTM)...

31, Bachelor of Science in Computer Science. Double minor in Business and Psychology. Worked at Microsoft for 4 years. I've done contract work as a database developer every now and then. MGB

Back to the point, examples of business names? MGB

With a business name, you can: 1) Open a checking account in your business name. Deposit and withdraw money. 2) Open a business credit card to subscribe to data feeds, etc. Make it easier to report tax deductions. 3) Pass out business cards with your business name, just for fun. 4) All your...

I'm curious, what are some of your business names? I presume that some of you have a business license in which you trade for a living. Although it's not required to have a business license to trade for a living, it's a nice thing to have. MGB

Friday 9, 2001 My first trade was +380 then it was followed by 2 bad trades putting me in negative territory around -760. I spent the rest of the day making many good trades to dig myself out of the hole. I made it to -330 when my second to last trade was a bad one, pushing me back to...

Thursday 8, 2001 I didn't trade today. I had to leave early to help a friend with his roof. It gets pretty hot on the roof after 11am PST. Friday looks to be a tradeable day. MGB

re: Hitman <i>One question, what hell is your stop loss? I watched NVDA today and I wonder how do you hold through wiggles.</i> I really don't use a pre-calculated stop loss. I tried intraday trading with a strict stop loss and kept getting whipsawed out of a position or got taken out and...

re: jsmith <i>Prove you aren't just a big mouth with no skills by posting your picks realtime for one week and we'll all bow down to your trading skills. Otherwise, don't brag about your lies.</i> Is this directed to me? Or are you making an editorial statement that everyone should be decent...

Another sweet day, I manage to grab +$760 from NVDA this morning. Then I had to leave to help a friend replace his roof. I don't know which is harder. Ripping off shingles or daytrading. But I do know I would prefer daytrading over roof repair :) A good confidence builder today after...

I looked up the SOX index and NVDA is not a member of this index. There are 16 stocks that are part of the SOX index. KLAC NVLS AMAT LLTC MU XLNX TXN TER NSM ALTR INTC LSCC LSI MOT AMD RMBS Is there a neat website where I could plug in the stock symbol and get a list of the...

Magna, Lately, I was thinking about subscribing to http://www.briefing.com. I'm getting tired of going all over the web just to find earnings announcements and the "wall street reaction". $249.95 per month for millennium traders? I counted 69 members that joined the recent daily chat. Let me...

Magna, It turns out that some brokerage firms downgraded a bunch of semiconductor stocks today. No wonder. As for TradeRX, can he tell me when he's buying so I can ride him like a coattail? :) MGB

I woke up late. Missed the early morning action. After starting way below the open, NVDA kept going up and up and up. Might as well jump on and ride it. Oh, wait a minute. It's reversing. Nah, no problem. It will go through consolidation and then continue going up. I'll just sit and wait...