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I've long said "Traders vote with volume ". I adjust my trading size based on relative volume, my goal is to trade larger size whenever volume confirms a price action entry signal.

I'm still waiting impatiently for a market drop. Next week's banking earnings releases will be a potential trigger. So many negatives re stim bill stalemate, China trade conflict, covid escalates, election, unemployment etc Ar least inverses are down again, looking for pivots SQQQ TZA...

A classic. The new one's exciting too though I doubt they fired that many tracer rounds Will keep eye on banks, C WFC earnings out next week.. Following solars JKS PLUG cannabis CGC TLRY and inverses SQQQ TZA SDOW. If C misses then finance inverse FAZ may be good. I almost went military...

Thx re war info.... I watch youtube videos occasionally. There's lots of good ones, eg about midway island, Abrams tanks, pov jet fighter footage, how us forces disassembled zero fighter to figure out how to beat them etc

Having heard from many traders over 21 years, I believe: New traders should start on sim until they have gotten consistent in their process. In ideal world something like "don't trade live til after you double your sim account " Next, never use margin until you are profitable in a cash...

Good topic. I use different stop values based on atr, depth of prior cups, in vs out day etc for stock trades.

And those 60-second guaranteed order fills from datek, lol so fast. You could tell you were being front run. https://www.nytimes.com/2003/01/15/business/online-brokers-fined-millions-in-fraud-case.html True re ISLD wild west..... I used cyber too til Schwab buyout.. used medved quotetracker...

Reminds me of the old "shadow the axe" in 1999 daytrading. Mkt makers would occasionally be easy to follow when they worked a large order, but it was rare. Concept of mm axe outdated as fractions now, eg what's MLCO doing .... reminds me of datek broker : p

So let's say I do 10 roundtrips in a day of 100 shares of a $30 stock. What's the total ftt? $120? 10 x 100 x 2 x $30 = $60000 x .002 = $120 if I got it right

False. I'm saying that vendors who make profitability claims that they are making fortunes should show verifiable proof. I am honest and make no such claims. Huge difference.

I've been trusted by thousands of traders since 1999 because I teach my "lessons learned" from my experience. I work hard to help traders learn from both my wins and stops. Keep trolling me and I'll ask Baron to ban you. Show some respect.

I make no performance nor profitability claims. I'm an award winning TASC columnist and Moneyshow speaker.

I used to trade with IB, they're great. I now trade actively using fidelity and they're excellent.

I continue to be flabbergasted that people are actually foolish enough to believe strangers on the internet claiming to make fortunes trading pos cheap stocks. Let's see audited tax return proof of annual net profitable trading. From anyone claiming to make millions. Crickets chirp. Fill...

Here's my thoughts for next week: from yesterday's live webinar

sometimes CGC is good for daytrading, too:

Sure.... I'll post replay video over the weekend here

I'm going to buy CGC TLRY for swing trade if they close strong today. Anyone else trading pot stocks?

False. The link is free https://attendee.gotowebinar.com/register/8934276753367621391

FREE Friday 'Trading Week Ahead' Noon Webinars, join me today >> https://attendee.gotowebinar.com/register/8934276753367621391 Popular!