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I am in the mid 20's and I DO NOT feel I have nothing to lose. I am afraid of going in with big share size and I keep a very tight stop loss. Maybe when I get older with more experience of losing money, then I feel more confident and go in with big share size and a wider stop loss.

Rumour or no rumour. Whether the price right now is factored into the DELL rumoour or not. It is a fun stock to trade. It was fun to trade when it was in the 20's. Now in the 40's, it's twice as fun. Good luck trading AMD everybody.

What can you do with 40K anyways? To play in the market, I need at few multiples of 40K.

2 is the most

I am going for my 2nd time attempting my level 1 exam this year. I learn some basic theories about how the financial world works. However, those theories are not that useful in a practical basis. The market is not so efficient and it would not be wise to ignore technical analysis.

Thank you ArtfulDoger, the link you sent on the reply "http://elitetrader.com/vb/showthrea...&threadid=30805" is excellent. Althought it talked about how tough it is to trade the S/P 500 future, it also give hints on how to battle the tough guys in the market. I am going to try a...

You can get into pre-market or after-market action with an ECN with NYSE or NASDAQ. I would avoid doing it because it is very risky.

It is possible to scalp and do 250-500 trades. I do so by: 1. Being able to trade any stocks (even the low volume ones) 2. Go in with small share size (so you go in and out without notice) 3. Strict adherance to the two cent stop loss (sometimes I feel the market maker fake me already, so...

Wow, it would take this long. It took me 1/2 yr to become profitable for stocks. Thanks for the recommendation, I will definitely check it out.

Being lonely is $$$. If you have working trading methods that no one understands, you are bound to succeed. On the other hand, if you can share with people what you do, then I do think you are going anywhere. I hope this helps you get over the uneasy feeling of being lonely

I try to overcome my fear by trading with small amount of shares. I then go to more shares after I overcame my fear.

I am not married so I don't understand the power of a wife. As a full time day trader, a trade (I assume it is long term or swing trade) should be based on fundamental (company's financial situation), or technical (historical price/volume, trend, etc) analysis instead of opinion. Also, I...

I experienced so many times in my short career that my trading candidates would behave exactly opposite to the plan implemented the night before. So there is always a plan B (best action is no action) because mixed signal leads to lower probability for profit. I totally agree that if a guy is...

True With market makers and insiders with better information, it is difficult for traders to get shares at a good price. I can be a sucker and make money as long as I identify more suckier suckers.

How to develop bolder balls?

My trading holy grail is identify how specialists and market makers do headfakes and take my profit. Knowing when they do fakes, it is straight money. I would like to take this opportunity to thank the market makers for the tricks they put on traders.

I had the experience of losing 2k in a trade. I would advice yourself to calm down and do not trade 1000 shares or even double up on Monday. Do not have the feeling of having to make it back in a day or two. Go to a smaller share size. Implement your regular setup (you should have the...

Even with my brief trading career, I see parallel circumstances in today's market vs. Jesse Livermore's era. His words of wisdom and tape reading techniques still applies. I would not comment on whether he is a good/bad trader, but I can improve as a trader from learning more about him.

There are so many stocks on NASDAQ with decent volume. In addition to the risk of keystroke error and lose your whole fortune, the liquidity risk is far too high to yield consistant return.

I suggest you go work in a day trading firm. They will provide you with capital and training. There should be a list of day trading firms within this website.