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    hedge fund trader vs. daytrader

    Think of it this way. Say you have $100,000 of capital to work with. Maybe you're a daytrader with a strategy that ties up $2-300,000 during the day. That lets you put on a few 2 or 3,000 share positions of a typical big cap stock and still be within the 4:1 reg-T margin limits. You play a...
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    Trader P/L 2006

    -$9082 net on 168,000 shares. One stock moved 5 points against me before I could do anything about it and I was sunk. Without that, woulda been an ok day.
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    Trader P/L 2006

    Leaving for the vegas expo in a few minutes. Very light trading day, up about $2500 and holding some positions, we'll see where it finishes. Hope to see some of you there.
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    How about NMX?

    There'll be some good stories out of this one. I know several guys in our office CRUSHED IT on this stock. 10-50k worth of gains, 6 digit day easily for the group.
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    "Old School" trader needs some 2007 info and help

    I think you'd do fine with your experience. One big change from back in the day is the ranges on stocks. There is just nowhere near the volatility you saw back then. The other is that commissions are much lower. The result is that lots of guys trade more size with less cost and still do...
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    Trader P/L 2006

    $7325 net on 193,000 shrs
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    Cocktails at Vegas Expo

    Anyone just arriving Friday who wants to relax with a drink, or after wandering around the exhibition area and wants to unwind a bit, Tuco Trading is hosting a little get together at the Mandalay. Restaurant RM, 5:00-6:30 I get in at 4:30, so assuming my flight is on time, I'll be there...
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    Stats on Bright Trading

    In my opinion you are looking at it all wrong. The guys who are good, the really good traders you all strive to be and want to know stats on, I'll tell ya something about them, cause I know a bunch of them... Trading is in their <font color="#ff0000" blood</font>. They yearn to trade, they...
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    Trader P/L 2006

    -$10,492 net on 197,000 shares. One stock did 80% of the damage.
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    How about NMX?

    If you want to buy it at the open, why not use a 'market on open' order type? There'll be pretty heavy slippage with your 'market order as soon as it starts trading' idea. BTW, not every hotly anticipated IPO goes straight up from the open. Look at THI earlier this year, lots of eager...
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    Trader P/L 2006

    $6721 net on 186,000 shrs. P/l was all over the map today, finished somewhere in the middle.
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    How often do you use leverage?

    How do you define "at risk"? At risk is not the same as "in use". I routinely have a few million dollars in positions on pretty much all the time. I could be levered 20, 30, 50:1 my account equity. The risk, the amount I expect I could actually lose, is measured in the thousands though. I...
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    How often do you use leverage?

    How often do I use leverage? Every minute of every trading day. How often do I use maximum leverage on one position? Never. Not even remotely close.
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    Trader P/L 2006

    $ 4583 net on 172,000 shrs
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    TradersExpo Las Vegas... Is it worth it?

    Lots of snakeoil. I'm going to Vegas but more to just meet and hang out with a bunch of traders I've met online. I doubt I'll take in any of the presentations or seminars.
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    Stats on Bright Trading

    You're calling me a shill for Bright? LOL! Get your head out of your ass man. I am reiterating what I recall the man saying for the benefit of the dumb asses who don't want to use the search function. They're not my stats and not my words, just trying to contribute to the discussion. I've...
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    volume alert on esignal

    Can you set alerts in esignal for MA crosses without using a script? Anyone wanna share how? Thx
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    Stats on Bright Trading

    Seriously, Don has answered that question here before. I think it was something like 50% are around after a year and 50% of those are around after two years. Try the search function. Or wait for Don's radar to sense this thread and he'll be here in a jiffy.
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    Trader P/L 2006

    $3317 net on 164,000 shrs
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    Don's Openings and More for 2006

    You manually type in a couple thousand symbols to check for news? When do you start your prep, 3:00 am?
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