Search results

Why not just do the 200 share lots all day? Extrapolating ... if you were up $150 in the morning ... continued to trade 200 in the PM another $150 in the afternoon wouldn't be all bad.

How could he have taken the price up if he's selling as much as you stated (150K/day when avg. volume is 200K)? That's 75% of normal daily volume. It sounds like simple supply vs. demand. Once he sold a bunch at 1.10 if the bids disappeared then it seems natural that he'd lower his ask. Sounds...

Might you be bored at times? That is, if you're not in the market and it's moving (up or down) do you feel you're missing out on the action and then put on a trade just to be in the fray? Do you know WHY you put on the trade at 13:55?

For me, 0.35

(1) When I'm up big for the day I quit and go enjoy the day. You used the word "gamble" and I'd bet the trades that got you up for the day were not gambles but rather trades that met your trading strategy. So why would you take a low probability trade? Low probability, high payout versus high...

I don't agree with you on #1 unless I'm misunderstanding what you mean. Why is it not helpful (in your opinion) if one uses a different method from time to time? The markets change and so might ones trading style. In the mid 90's I traded disk drive companies (Western Digital, Quantum) and made...

Four or five enthusiastic pumpers? Oh, i see ... math isn't a strength of yours. I don't see any "pumpers" yet ... if recess is over maybe you'll focus on math this afternoon ... you guys who constantly have nothing but criticism to post would be better off if you put your energies into trying...

5 years ago I almost blew myself out by being stubborn. Luckily I had some longer term trades that offset my bigger losses and that bailed me out. That was a lesson that left a lasting impression on me since I sure as hell didn't want to go back and get a real job. I hope you can find an...

Never ceases to amaze me the negativity in certain people. Your reply to the guy who mentioned their office was open was uncalled for. What did he (or the office) do to adversely impact you? Probably nothing ... maybe you got up on the wrong side of bed today or were on the wrong side of a few...

I have no idea who you trade with but if you don't see CINN displayed then I'd find out WHY ... or else I'd look into finding a new direct access provider.

Yesterday gave back a couple weeks of gains. I don't think we'll see any real rally today, maybe modestly up but then I think we drift lower the rest of the week.

He doesn't "TAKE" anyone's money. People CHOOSE to invest with Berkshire Hathaway. And if he chooses to not be extravagant and eats at McDonald's what's it to you? Wake up, people accumulate wealth by saving and/or living below their means ... and it can also apply to the very wealthy.

I recall seeing his house a few years ago and it certainly was anything but "modest". Quite the opposite I believe. Poor guy ... probably having to eat at McDonalds, Burger King and Jack In the Box ...

I was in software development for a number of years but always had a strong interest in trading. I began trading part time (mainly swing trades) while still working at my corporate job. My methods at the time were primarily TA oriented. I began to make some decent money from my trades so I...

I don't think taking just a couple data points would be representative statistically. The October 1987 crash was a statistical anomaly IMO. More representative of significant down days would be declines of 3-5%. And we also have up days that fall in the same range ... just last year 7/29 we were...

Or ... trade a bit larger when going for those smaller profits. And do it over and over.

Agree 100%. Got stopped out of some shorts last week. At times you have to be a bit of a contrarian, especially when the market seems to be running up (in this case) on no real positive news IMO. In any event today has been a good one for me.

LOL. Might be like some mortgage companies I've heard of who finance MORE than 100% of the home sale price.

If someone is undercapitalized then they probably shouldn't be trading actively. Rather, they should work at saving up enough capital to fund an account so that it's more than "nothing". Next, putting on successful trades is as much a part of the learning (i.e. confidence building) process as...

Are you certain he's unable to make a living via trading? Personally, I don't care one way or the other. I've been a member of SI since 1996 and only recently started posting here on ET and Brandon has posted some good stuff both on SI and here. Seems like when someone has a service to...