Search results

I'm following the 1 minute stoch on just the stock I'm looking to trade. I have the /NDU1 and $COMPX charts at 1 minute intervals with no studies. I'm keeping it simple. MGB

Ah, another sweet day, indeed! Closed P&L for Monday is $530.00. My best Monday start. Made most of my gains with NVDA between 9:30 and 11am. When stoch < 25 and the bullish candlestick patterns are in place, the stock went up. Sometimes you have to hold on through the wiggles. However...

<b>re: Hitman</b> I've daytraded on and off since last December 2000. I've been an investor since I was 12 years old. Around that time, there was an article in Money magazine about a guy who lived in Colorado and traded million dollar equities for his clients. I was hooked. In the early 80s...

Mambo, Thanks for the encouragement. What's even better is that I was only trading 500 shares on my positions. I'm not trading 1,000 shares yet. So that's definitely encouraging to me. I plan to do another 4 weeks of trading 500 share positions. I want each week to be net positive. Then...

I've been intraday trading off and on for the past year. Learning as I go along. I trade a position and if I get hit then I step back to assess the situation. Each time I trade I try to determine why it was successful and why it was not. One problem I couldn't figure out was why every...

I use CyberTrader Pro. I love their Smart Market, Smart Limit, CyberExchange Market and CyberExchange Limit execution methods. I'm learning to analyze chart patterns and when to execute (buy/sell) so I don't want to preoccupy my time figuring out which execution path to take (for example...

CyberTrader does basket trading. However, you buy all stocks in the basket with the same size share. MGB

You could easily program RavenQuote to do it, I'm sure. I don't use it but I've read the manual. http://www.ravenquote.com MGB

Apparently, they have a Watcher API to handle all order executions. http://www.watchertech.com/products/products-watcherapi.html MGB

Mike B? That's my name, but that's not me :) It must be somebody else. MGB

Ok, then... ND01U When do I switch from ND01U to ND01Z ? MGB

When using Nasdaq 100 Futures to follow the direction of the market, how do I know what symbol to use? ND something??? Does the symbol change every 3 months? If so, how do I know what the new symbol is? When does it change over? Thanks, MGB

CyberTraders have a direct connection to the Instinet Book. MGB

I visited a ProTrader office today to check them out. I wanted to explore the possibility of joining the office (as an on-site trader or prop trader). I had a nice discussion with the manager. You probably already know this but I'll say it anyway. One of the things that I learned was that...

If you can't be a pattern day trader, then be a swing trader. Perhaps follow the trading signals from http://www.beachsidetraders.com Just a suggestion. There must be a solution somewhere and somehow. MGB

I don't understand. How can echo require you to only have a minimum account balance of 10k when the SEC will soon require a balance of 25k? ------------------- 10K minimum to join ECHOTrade as a prop trader. For all non-prop traders, you still a minimum of 25K cash to be a pattern day...

Things will really cook when Island and Instinet become (they should) Full-Participation ECNs for SuperSOES. If Island and Instinet are Full-Participates then we can pick off Market Makers, Island Traders and Instinet Traders. MGB

Of course he's not autotrading anymore. He's going to make more money selling his TradeSeeker software for $89.95 PER MONTH. MGB

I did a search of http://www.sec.gov and I was unable to find a concrete explanation for why the SEC raised the minimum account requirement to $25K for Pattern Day Traders. Minimum account size should be correlated with margin leverage. The higher the margin leverage, the higher the minimum...

Here's the full list of SuperSOES pilot stocks. AGIL Agile Software Corporation ALLY Alliance Gaming Corporation BEXP Brigham Exploration Company BIGT Pinnacle Holdings, Inc. CDWC CDW Computer Centers, Inc. CERS Cerus Corporation CSCO Cisco GNLB Genelabs Technologies, Inc. INTL Intel...