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Basically, if you place a limit order at the bid, which has say, 1000 orders already sitting out there. You are now last in line. You don't get executed until 1001 contracts are hit. In demo, you get filled much quicker.

Execution is very different, you don't get filled that easily, unless you take liquidity. Psychology is different. You have nothing to lose on a demo. You lose $300, big deal. What happens if you open your live account, and you're down $500 your first day. You get skiddish and dig a...

Gross: -94 Shares: 9600 Net: ~ -156 For the month, I'm down a bit over 100 gross, a bit over 250 net. --------------------------- At job #2 right now, so I don't have the proper resources to write a good journal today. Today I left the office down about gross 50. Went to job...

I use 2min, 5min, 30 min and daily charts. 10 period, 20 period, 50 period, and 200 period on each. Very basic. I think indicators are a joke. The only indicators I like are the moving averages, and only because I see them work a lot. I SEE programs using them all the time. I think RSI...

for that account size, futures are your best bet open a futures account youll either lose all your money, or get that 50% my advice: don't be wrong

I forgot to post my execution list on Friday, my bad. Monday Gameplan: I will be watching the following stocks for any interesting setups: +5% on Friday: ALEX, CBE, MDVN, OPTR, UA, VHC, TDSC, NDAQ, WPRT, WNR, VRX -5% on Friday: FTNT, FFIV, OCLR, RECN, RVBD, AVAV, CPX, AMED, RBN...

4/1/11 Gross: -14 Shares: 14,600 Net: ~ - 108.90 --------------- Well, great way to start April. Started off trading well, breaking my old habits. By the end of the day I was dabbling all over. If I continue to not respect the concept of selectivity, you will see why I am...

With scaling, I think it comes down the probability of different reward targets. You buy a whole number. You feel very strongly, due to the factors involved and the time of day, that this has a high probability of going 50 cents, where resistance is. You feel it COULD go a point if the...

I'd rather not state what they do in public, as its not my place to do so. But yes they do share. Yes I make use of multiple time frames, specifically the daily, 30 min, 5 min and 2 min. The level 2 is very important for day trading. You do not NEED it, but it is a fantastic tool...

Are you referring to KV.A??? The reason to get a good position in KV.A, once you felt comfortable doing so, was because it was down like 40% that day. You got a 20%+ move on that bounce depending how you played it. KV.A was a very rare opportunity. There is no system to follow for it...

Maybe I haven't been clear. When I say "GET BIGGER," I am referring to a position sizing issue I have. I do not size up well on A+ trades. My trading stats on light size show profitability. I am good at finding the right stocks, good at finding great setups. However, I get very...

How do you all get your data into Excel? I have been manually inputting data and I'm sick of it. If there is a service or script I can buy, let me know as well. Also, how would I get and add historical data?

What an ugly market, glad I didn't go in today. Not sure how thin these are since I'm not at the desk, but they had interesting charts today, could be good to watch tomorrow. NETL, CAVM, RBN, WOR Looks like the agriculture trade was all over the place. Would have caused a nightmare for...

I currently pay .004/share w/ a 90% payout. Of course that amount will drop as I boost trading volume. So .004/share + ECN fees. I tend to always take liquidity on my entries, and I also take liquidity to exit on about half of my exits. I definitely need to work on adding more, on...

It broke 4, collapsed further. Finally it got a sweep up, and bids began stabilizing the price. The character shifted rather dramatically once it held the 90s and the sellers around 4 were taken out. I was astonished by how much it sold off. I remember watching this thing trade up to where...

3/30/11 Gross: +140 Shares: 8800 Net: ~ +83 ---------------------- Second day in a row where I closed just near P&L highs. Of course, today is pretty much meaningless in impact to my overall P&L. The stocks I was watching were highly uneventful. Hence, I knew today would allow...

3/29/11 Gross: +131 Shares: 10400 Net: ~ +63 March: Gross: > +200 Net: > -600 ----------------------------- Well, today was one of the better trading days we've had in a while. There were a lot of moves out there, a lot of opportunities. That being said, I started my morning...

news in RIG not RIMM...

3/28/11 Decided to begin writing this to prevent myself from touching HON again. Monday is one of the days that I have to leave the office early. I work at 10:45a PST, so I have to leave @ around 9:30 PST. Today there is a clear difference between my winners and losers. The...

My next concern would be your starting capital. I see periods in your P&L chart where you had a drawdown. You need to know your starting capital is enough to withstand your largest drawdown + a little more. Worst case scenario, you have your worst drawdown from the start.