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today, i had on some of the most "perfect" shorts ever!! I mean you can't get more right than these shorts. But I had the MISFORTUNE of "exiting" too soon! I came back with another "perfect" entry, but then exit too soon. I mean the profits are still OK. But they could have been...

Word has it will be out sometime in the summer. Can't wait! If you buy 2.1 now, I think you'll get the upgrade to 3.0 for free. For me and other users who bought a while back, we have to pay the $100 upgrade fee. It's a pretty solid backtesting software. It lacks in real-time scanning...

Everything is EASY in HINDSIGHT.... But overall, not too bad... But you had to be willing to hold through the midday whipsaw.

Could be DAY LIGHT SAVINGS TIME CHANGE. Did you check the clock? I'm having some problems on my other platforms with time differences...

jay, true. i've seen that as well! and that's a good living for them. and it's all good. but i don't see as many people doing that well - $1K/day for 250 trading days. but if people like to make their brokers rich or their prop owners rich then it's fine as well. whatever floats your boat...

db, I'm NOT equating anything. If you read carefully, I wrote, "yes! I'm sure there are some people on this board who can make a "decent" living daytrading and perhaps some even do well. But from my personal observations with daytraders and having done it, I would say it's very very...

Mike, yes! I'm sure there are some people on this board who can make a "decent" living daytrading and perhaps some even do well. But from my personal observations with daytraders and having done it, I would say it's very very difficult game. For example,a lot of times, I'm right about the...

Having done both position trading and daytrading, I think the key to this debate lies in your holding period or time horizon. The shorter your time horizon, the more important your entry is. For daytraders or scalpers I would say 90% (or more!) of their "edge" lies in the entry. For...

silverbullet & caltrader, both of you are partly right. Cal, most traders do NOT work 80-100hrs/wk. Those hours are reserved for investment bankers who work on deals like M&A, IPOs,etc. Traders work pretty reasonable hours 60+ at most. The people who support them, however, work longer...

Instinet keeps cutting Electronic stock exchange will slash 12% of work force By David Weidner, CBS.MarketWatch.com Last Update: 4:53 PM ET March 28, 2003 NEW YORK (CBS.MW) -- Instinet Group said late Friday that it plans to lay off 175 workers, about 12 percent of its work force...

Well, that might be true in a strict sense, but a lot of hedge fund managers net worth is tied up in the fund they are managing. Victor Niederhoffer's lost everything when his fund blew up. He had to sell his mansions, paintings, silver collection, books, arts, antiques,etc. Most hedge fund...

AAA, you nailed it right in the head! I see a lot of daytraders say oh I see that big print from funds trying to buy or sell and that's dumb money and I got my .75 or $1 move on 5000 shares. Whoohoo. It's just a matter of perspective. Large funds buy in hundreds of thousands and in some...

praetorian2 , sounds like you are man with a plan. That's good. Just keep focusing on generating great returns and the money will come. so, did you do your own paperwork or you hired a lawyer to do it? what kind of style is your fund? wish you the best of luck in getting there. trader99

"Quote from Don Bright: I have heard from so many people lately who are in the process of starting a "hedge fund." This term is mis-leading, and has been used to deceive people into giving money to someone to trade with. Why would anyone pay someone to trade for them? If the traders...

Yeah. I have totally cut down the number of trades per day in effort to try to avoid the "chop", whipsaw, noise, blah blah,etc. You have to be really selective. Trades that used to be maybe OK and I press it anyways just to see what happens now I just wait. And I'm glad I waited. You have...

I don't have the link. But I think you have to registered in CBSMarketwatch to get archives of old articles. good luck

By Peter Brimelow, CBS.MarketWatch.com Last Update: 12:52 AM ET March 27, 2003 NEW YORK (CBS.MW) -- Despite the bear market, there's always a new crop of wunderkinds. But don't eat your heart out. "Hi, I just read your article on Coolcat (Read Feb. 20 column) and I'm tired of you...

well, luck plays an important part in life etc. etc. But I think in trading, in the LONG RUN, it's a game of skill. On any individual trade, it could be luck. But it's highly unlikely that you can win over long periods of time like a 5-10yrs track record with luck. I mean theorectically...

silk, it's not complaining. It's stating the facts. I'm with you. What's up with this market? It's going to grind people into utter frustration until the game has fewer and fewer participants. Sure, there will be a few good days here and there, but those will be far and few enough that it...

I've been shorting all day and I'm still down?! WTF?! I keep getting stopped out. I should have just held to my original short in the morning and just held. how do you guys deal with this? It seems like your timing has to be almost perfect in this environment. You can be right, but...