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Re: “IMHO, your journal is a little annoying as it looks like you are not posting a real journal but an ad to sell something,” every piece here is simply my thoughts for that particular day. That's it. Furthermore, I tend to say things such as this from March 3: “Keep your focus on the...

I post actual trades when it is relevant. I was not aiming to toot my own horn as I saw no need to post charts in this specific instance; I was aiming to make a point. My point in this blog post: traders should focus on opportunities in stocks which are not generally placid. I aim for trades in...

I don’t understand the question; I apologize, but I don’t understand. The way it reads (to me) is a mutual fund type of thing (i.e. people putting in cash and one person trading it). So, please rephrase as I don’t want to answer until I truly understand what you’re asking because...

MON. MAR. 8 - Focusing On The Best A couple of mornings ago, somebody noted a potential trade a few minutes after the 9:30AM open of a Dow Jones Industrial Average stock. The previous day, the stock had traded in a range of 32 cents, had no news in it, the market was quiet, it had failed to...

As the trading person/contact, let me address this one. I already discussed the methodology (and gave specific examples) in my response to you. What we are doing are NOT "obvious" momentum plays. Quite the opposite. It is not obvious to most people that if the CEO of a company resigns and...

Re :”If these guys came here talking about positive expectancy and randomness and threw in there a little math,” I am not sure what you mean. Genuinely. But I’d never issue any kind of statement about a ‘positive’ outcome about anything because who in the world am I to do that? Some...

I went through this dialogue between calculator2 and punter and have to say it is a very fair and just dialogue. I am a little curious why calculator2 just happened to join ET now and just happened to have all of his/her posts on this thread quite admittedly, but it really is of no consequence...

No prob. I wouldn't say it's subjective per se mechanically- more like practical/flexible. I don't want to mechanically have a set number I will lose or win because each situation is different. I have a watch list of ideas I monitor and know if the set-up presents itself, I'll do the trade...

FRI. MAR. 5- Don't Fight A Tidal Wave When I was in a senior in college in January 1996, I was an Honors student, a n officer in three clubs, was fortunate enough to have a pretty good social life…and I was doing this trading thing on the side. At the time, I was doing more swing trading...

I for one certainly try re the latter part of your quote, but really, no need for names calling...while the 3:55PM post was uncalled for by Nas, the dialogue thereafter was good and certainly fair.

I do two types of trades off of the open...news-centric trades and relative strength plays. For instance, my first trade today post-open was Dendreon (DNDN). It gapped higher by almost two points because had a press release last night trumpeting their hopefully-for-tem soon to be released...

It goes back to what I was saying before. I only trade when the markets are moving. When stocks aren't moving, I don't try to create something out of nothing because in the past, when I have done so, I have lost money net-net.

I am at my desk from 6AM-7PM most days. I trade the entire session, but find when next to nothing is going on in the middle of the day, I tend to lose money if I try to create something out of nothing. Just over 63% of my average day was earned by 9:45AM ET when I tallied my results for last...

No. I am. Anything I post here is in my name. I don't believe in anonymity or hiding behind usernames.

You'll note the president of the firm put the company's website in his post. Several dozen people in the last couple of days have asked for information of the firm much less me. Speaking for me, I know I ask important questions directly to people rather than put them in a public forum. In...

Appreciated, but I actually respectfully but vehemently disagree. I don't like making people scroll down to find columns much less having to read any dialogue I have with people if all they want to do is read the daily musings. But if the goal is to put daily postings out versus responding to...

I'll private IM you on this one because I don't want to do anything commercial per se on this forum as I just want this thread to be dedicated to the journal out of deference to any readers much less the spirit of Elite Trader.

THURS. MAR. 4- It's So Quiet In this very placid market, there are two basic motifs for individual stocks these days: stagnant action and exaggerated action. Earlier in the week, I discussed the calm environment in which we are trading with some degree of detail, but I left out a little color...

WED. MAR. 3- Mini Merger Mania Several months ago (May 13, 2009), I noted this about the mechanics of trading mergers: http://epiphanytrading.blogspot.com/search?q=takeover+talk Well, what is downright interesting in here is how the pace of merger activity has picked up in recent days. In...

Very long story short, I tried to do what I thought was a good thing here. While I got a lot of very positive feedback (and some very deserved constructive negative feedback), I realized I was letting myself be overly annoyed by some petty individuals with nothing better to do with their time...