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>every trade >12 cents is reported as the >difference b/w their entry call and the >greatest possible exit price... >What problem do you see with this? No problem at all if you can assure me that I will recogize the "greatest possible exit price" each time it arrives. If I can do this...

>In all seriousness, I was dead serious. >daytrading is inherently risky, especially >daytrading. Daytrading the way it's described at MT is certainly risky. I look at trading as a business venture and when approached correctly it offers substantially less risk upon entry then...

>Called risky daytrading...right? Yes, that is exactly the tag I would give your description...risky daytrading. JB

Does anyone know of any new brokers or services doing this?

As mentioned, through the API one can download tick data from Townsend (Realtick) but there isn't much history there to download...only something like the last 10 days. If you want 15 minute candles it moves out to something like 40 days, hour candles even farther I believe. If someone has...

Response to wwatson1 on Alfa Hey man, my healthy dose of skepticism for any of these guys is published here on record so you can leave me out of any hype "team" comments. >Keep you slightly in the dark so you arn't quite >sure when you should be getting out of a stock >that is tanking...

>Well I have to say that my opinion of IB may >be out of date then. I tried them well over a >year ago now and their hot keys were not >great and I had reliability issues. I believe you and I don't think you were alone. I came to IB just after that and from all I can tell they have...

>I did some calculations. I think the way they >tally their results is a bit misleading. StockO, you've stole one if my subjects. :-) Since twas I that mentioned them at the beginning of this thread, I was going to do a post on your exact topic. If you think that this posted 600% gain...

I used Tradescape for several months as well. They were my first broker and they SUCKED!!! I don't believe I had a single day without software problems. JB

I could certainly believe your improvement over Realtick. I love their data, but there was never anything special about their execution (and that might be going easy on them). I still have an RT account and my IB fills beat them by a nice margin pretty much every time. >Let's not get into...

Man, I CAN'T WAIT to pay .03 cents a share to trade NYSE with these guys. Where do I sign. JB

>If these "calls" really worked, wouldn't the people >making them simply trade and make a lot of >money...so much in fact that they wouldn't have >time to send out "calls"..? Well, first let's establish my belief that the vast majority of chat rooms and their calls are garbage...

Well, the "chartwiz" poll has received a fair bit of response and I think it's pretty easy to conclude which way the wind blows. 42 -- total respondents so far 35 -- voted that the contributions were valuable (discloser: my vote fell here) 3 -- voted that the contributions were only a...

>Is MTrader Ken Wolff's room? Yes JB

>Turok, took a peak at their site, are you >sure they are not just buying/selling 2 day >breakouts/breakdowns? Protrader1, I am not sure of anything that they are or aren't doing. JB

>Are the guys that are offering chatrooms >real traders???? I am not sure of that... Some of them may not be active traders. Some of them certainly are as I have come to know a few of them personally over the last year. JB

>People will actually start believing >you are part of my "crew" That was funny...it was like "crew?" I don't even know these other people. JB

This response is based only on what I see at their site and not based on experience nor do I know a single thing about your trading style. Take the review for what it cost you. They use Realtick so that is a known quantity (not cheap, but one of the best). Their fees are ridiculous. Get...

Sorry folks...it's www.alfatrading.com f, ph, whatever. :-)

>And that stuff about "not trading the opens" not >"trading the close" - gee, If anyone listened to >that nonsense we would never have a chance >to make any money I agree with both you and Jea on this issue (and Jea wouldn't disagree with you either). He was specifically telling the...