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Moving averages can be useful, but only along with other confirmations, like momentum. I have used them along with momentum, %R with good results. They really are just visual illustration of price action. But whatever helps you make money, do it. I will say this, during regular market hours...

MB Trading has been plagued lately with quote delays whenever volume spikes. Needless to say this is a problem for day trading. They say they are fixing the problem. In the meantime, beware if trying to trade on market moving news.

This latest conflict has an effect way out of proportion to its actual importance. First, it is driving crude oil prices up. Not for a "real" reason but because of worries that an oil shortage will develop. Secondly, a lot of Wall Street folks are Jewish and always get worked up and worried...

I use pivots regularly on the NQ and ES as a guide to likely market action but they are only one of several criteria I use to help decide whether to enter a trade. I also use moving averages, stochastics and OBV. I don't trade the NQ or the ES, but they are helpful in monitoring stocks on my...

I short probably a third of the time. I am just more used to playing dip/bounces off the eminis and follow a daily watch list of about 20 stocks. Shorting is what kept me afloat when the bubble first popped. Took me a few months to get the hang of it. Now I just think of it as another trade.

I keep it very simple. Daily profit goal of $800 bucks a day. This is really difficult as an average, since some days are good and some days are bad. But it keeps me focused and on track. If I take vacation or the day off.. that comes off the daily average. No fudging. The longer term goal...

ATAR has been a good little daytrader this week. New symbol, used to be Infogrames... maker of the Enter the Matrix video game which rolled out today.. vollume is way up. Its been a great scalper... FYI

It will be interesting to see if AVNX can hold its gains here. Bad economic news keeps coming out. But I see they actually got PAID to take some of those divisons... what a deal.

Managed to grab some AVNX right as the news came out. Going to hold over night. We may get more buying in the morning. This should make AVNX either number one or two in this sector....

Gee have any Enron or Worldcom folks gone to jail yet? Hope so.. Did I miss some?

Most likely Saddam and company have slunk off to Syria. Want to take bets on how long before we send the boys over the line into Syria? There are probably 2,000 new Osamas out there now, what's a few hundred more?

I have heard you can try out an online demo of J Trader. Anyone have an idea where that might be? Thanks

You can always trade your IRA. No shorting, no margin and usually only selling and buying calls. But no taxes on that money until you are old and gray and ready to take it out. Many direct access brokers take IRA accounts too. What's not to like?

Lots of great places to live if you are a professional trader. But don't overlook one thing: Good high speed broadband. Have several friends who live in neat places, but they are remote and the best they can get are slow phone lines or iffy satellite connections. Not so hot for trading...

Trade the big movers. Surely you can sort your data to see which stocks in your price range move the most, on average, each trading day. Then pull them up in your charts and either trade them long or short depending on what they and the futures are doing. It's really very simple. Seldom a...

I have talked to several people who said channeling stocks was a big disappointment. Have not found one person who actually liked it. Like they say, there's a sucker born every minute. And many of them watch CNBC commercials.

That's the funniest thing I've read all weekend. And so it goes..

As others have suggested on here DO NOT trade with borrowed money. It turns into scared money as soon as a trade goes against you and that is the quickest way to be thrown ouf of the game with no money and no self confidence. Trading on borrowed money should be done only after you are an...

You really ought to reconsider your little slogan. "You must be in to win" shows serious naivete about how the market works. On the contrary, you must be willing so sit and watch at various times, or you will surely wind up on the road to trading perdition. comprende amigo? :cool:

To clarify one thing. Price action is the PRIMARY factor I use in trading, followed by the futures. Then comes stochastics, moving averages and sometimes volume at price. The moving averages particularly reduce risk for me when the markets are choppy and uncertain (which is often). Good...