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The ones I posted were almost real time ... I think they were delayed by 10-15 minutes.

http://www2.barchart.com/high.asp http://www2.barchart.com/low.asp

Actually you didn't know what would happen Monday. You took a guess. Nothing is known with certainty. As far as blowing out $5K and $10K accounts ... that's not any serious money. Rather, that's some basic tuition.

Actually one can make the case that there may be many optimal exits ... much depends on the time frame of the trade. A day trade would have a different optimal exit than a position trade where the expected time in the trade is a week for example. And so on ...

Not off topic at all ... you said "Certainly a good trader can determine optimal exit points" and "Yes, I am able to do that". Consider that we trade in penny or sub-penny increments these days. Thus, the optimal exit is nearly impossible to compute ... even if you were running it on a Cray...

What a number of people here don't understand is that they can't exit with the optimal profit, other than through chance and only very rarely. Thus, your sub-optimal exits may in fact be (near) "optimal" and it's something I gear my trading towards. Anyone who's ever done any work in...

Wrong. Or else you don't understand the definition of optimal. In my past corporate career I worked on some of the largest optimization problems that existed. Reaching an optimal solution is theoretically possible but rarely achieved in the real world. A computer can crunch numbers for hours as...

Exactly. And then there are those of us who actually trade for a living. So scaling out (or in) makes a lot of sense. Having studied optimization in grad school I can say that no one is going to maximize their profit on a trade very often. And the old saying that "you can't go broke taking...

For me it took time to "accept" the risk/reward and the associated outcomes. The losing days can be incredibly demoralizing and the winning days euphoric. Finding a balance between the two ... so as to keep your emotions on a more even keel is when I started to do better. I hated losing (days)...

I started with $90K back in 1996 and lost almost 35% when I turned things around. Although it was painful to have lost that much it was a motivator for me. And expect to put in a lot of time if you're truly serious about trading. When it's your sole source of income you have to. Getting to a...

From Feb. 2006: The government reported last week that consumers last year spent all they earned and then some, pushing the personal savings rate into negative territory at minus 0.5 percent. The savings rate has only been negative for a full year twice before, in 1932 and 1933, when...

I think it's you who seemingly is having trouble understanding. Let's go a bit S L O W E R ... the US savings rate is negative because consumers are spending all their wages and dipping into savings. Do you advocate they get more credit cards to max out so they can pay off the lower percentage...

This could be one of the most uninformed statements I've read here in a long time. First, one can find CD's paying 5.6% or more on 6-8 month terms. Forgetting CD's ... money market accounts are paying as much as 5.3%. That more than beats inflation ... after taxes. Second, the savings rate in...

There are stocks to short EVERY day. Any (serious) trader plays BOTH sides --- long AND short.

You click on the order, change price/quantity and it's done. Not too complex ...

Back in 1999-2000 the cost was typically $20 - $25/trade whether it was All-Tech, Block, Momentum, etc. So that was the going rate then for retail. I've been with MB for over 4 years and wouldn't change. Reliability is good, customer service is the best I've seen and commissions on stocks are...

If they can't afford to lose some $$$ trying out strategies then I think they need to re-think the barriers to trading. In other words, if someone doesn't have enough $$$ in their account then perhaps they need to save up more $$$. Why do other "traditional" businesses fail? Many reasons ---...

Sadly, I think some people don't want to do the hard work --- to try various approaches --- to struggle --- until they find what actually works for THEM.

Don't agree with the above at all. Golf can be seen as similar to trading. Each week a different course is played. One week it can be tight and shorter, next week longer and more wide open. Some players excel in certain playing conditions, not unlike the market. A guy can miss the 36 hole cut...

Just saw 44,400 print at $100.54. He's lucky he covered or he'd be toast.