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ironchef said: 1. Trading breakouts is easier said than done. When do you enter? 2. Traders/investors that put a hard stop at $140 got picked off? Entered at the breakaway gap and covered at my final profit target $142. Not sure what you are you are talking about being picked off at $140, that...

Try using the TDA mobile app (Google PlayStore). It provides more info on balances and banking activities than the TOS app. I keep both apps on my mobile devices.

Vanzandt: ...JPMorgan, Goldman, Bank of America, Morgan Stanley, Citigroup, Barclays, Credit Suisse, Deutsche Bank.... Take the Dow up 1000 points today and show that fucker who's boss. Looks like they got your memo.

I am getting all 0's on equity prices at IB - opened a ticket with them.

$35k back in the mid 80's was a small fortune, especially when used for speculation. That is extremely privileged to put it nicely, to be given a such a large 'loan' especially when going bust a few times is the norm for novice derivative traders. Most of us had nothing starting out & had to...

The SPY is extremely liquid & keeps a tight spread of .01 cent through the regular session. On the Emini you have 4 price increments between points, on the SPY you have 10. This broader price scale on he SPY translates to lower commissions, approx 60% lower @ .005c per share. Not making an...

Who checked the survey box for commissions over 40% - LOL!

Or consider trading from the hard right edge of the chart & holding longer. Pull the trigger and have a rising profit for months. The HFT's may have won the bid-ask spread but beyond that they only competition is with your own psychology. Recent short - IBM. Gap trade. Looking for 2 subsequent...

I am some where around 1.2%. My highest years are approx 1.5%. That is not counting the interest in the cash sweep that these days just about covers my trading costs. I would halt trading for the year if I ever crossed 2% - that would indicate I am over trading and wandering towards the road...

Do skill traders trade prior to or after the gap? Since we are talking about trading gaps the assumption is a trader is looking for an entry when a gap appears, at least that's how I see it. At least that's how I see it.

Gaps can be the ultimate buy or sell signal once you know what to look for. For most skilled traders gaps are the bread & butter trades. On equities, gaps are usually earnings driven, with large volume many make strong moves in the gap direction for weeks to months. There are things to learn...

This market spends a great deal of time in lethargic consolidations - which grinds down capital when range is constricting. Seasoned traders wait patiently for the setups of breakouts where range expands, the breakouts are where the big money is made. Being able to sit out for days, weeks...

“The game of speculation,” writes Jesse Livermore at the start of his book, “is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor.”

Just some suggestions on volume bar settings, if anyone uses them as well. Yes, I use them, only for stock/ETF trades looking at only the indices. Volume price bars shows the he avg # of shares bought/sold in a simple visual display. This along with a few other market internals like charted...

The cl chart shows several areas where price has recently made parabolic moves - I call them 'raceways'. When price is within recent raceways than be prepared for high volatility. Raceways marked in black - Note the selling at the reversion to the VWAP (pink line).

yes

You've not done the math properly on this. You need to be in winners with full position to reap the best benefit or to lessen losses. I said I scaled in - that means adding on to winners. When I am in a winner my size is up to 4 times larger than it is on losing trades. That equates to the avg...

Trump that has never sent a coherent fact base Tweet - the broken clock is far outperforming him. Amazon has been collecting/paying state sales tax over the last 5 years - anybody with a keyboard that can fog a mirror would know that. Trump is looking for tax cheats, he should look his mirror!

If you want: give me the symbol/date/time. Easy enough for me to pull up the NBBO & fills at the highest volume ECNs. Why do I bring up other ECNs? Because the NBBO (N=National) is from all the ECNs via a consolidate exchange quote feed - see SEC rule NMS 611. Not an expert on this -

The trades I have done on the IEX have not seen a different NBBO or better fills at the other ECN's. IEX does a great job at midpoint fills - and is great at no price improvements right after the trades - meaning your not sitting on a losing trade right after it is filled like you often get on...