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I use Tradestation for scanning and charting and IB for execution. depending on the type of trading your doing you may want to go with tradestation. Their support is really good, total opposite of IB and their platform is better than IB. IB has a great short list and they don't play as...

Hello Mike, I use Tradestation for charting and scanning and it does a pretty good job. I use Interactive brokers for trade execution as IB has very low rates and a good short list. I think for most people not being a full time trader and still trading is a mistake. there is a very big...

woke early today to see how my large overnight was trading if at all and the overall market. market opened slightly up to flat. No pre-market trading with JAH which was disappointing and surprising. I traded JAH back and forth for much of the day. while doing so I scaled out a large...

getting rolled over by JAH. still short looking for a pullback on Monday. blotter says 4463 but if you add in the options I am short that expire today it comes to + 5539

FWIW to anyone who thinks thats a good thing to do or may be thinking of doing the same. Its a crime to borrow money when you do not intend to pay it back or knowing that you are going to go BK so you run up your credit cards. making mistakes and or misfortune happen but stealing makes you a...

Hello Stockboy201, They are what I call my setups so I can go back and look at trades and know why I entered into the trade. Yes, GU is the only one that is obvious and its for gaping up stocks. Best of trading to you RW

I had some of my bids hit in after hours trading. I had both TIF and RYL traded in after hours trading. As of this post I am still short some of both but a much small amount. I am also still short JAH Not sure if any of my current bids will get hit anymore today but this is probably the...

Started out as a good day Came in this morning and just before the open I see that JAH is making a huge gap up in a very nice setup. while trading JAH I also get GPC at the open with a signal to trade. Not really happy with my trading today. JAH offered me a nice gain and I let it go to...

Made a few mistakes and really paid for it - 234

Hello Thunderdog, Thanks for saying so. I am up over 70% so far this year but with a time weighted average over 100% as I withdrawal from the account on a regular basis. Its not something I keep track of on a less than year period so I am just guessing. Best of trading to you RW

Not sure how I would be able to maintain my edge doing that....LOL

Lots of interesting posts to this topic. I agree with much that is said but one big spot that just screems out at me is the idea that there are rules that must be obeyed by all. For example the "never sell naked options" rule that so many think is golden. Firstly, what may be right for...

for the most part a slow day. + 1647

Tough day as I did not sleep well last night. It was difficult to drag myself out of the bed and send myself to the office today. I also thought today might offer more than it did but for a nothing day I did ok. My biggest challenge today was probably staying awake. NFLX fell out of bed...

Hello MohdSalleh, yes, I am a big believer in scaling in and out of trades with my style. Its not the right method for all styles but there is more than one way to catch a mouse. Best RW

Hello Piggie, sometimes I take huge pain but normally I am shorting at or very near the top up to that point in the day. Yes I do scale in and out of trades. Yes a stock as a rule must be overbought (from my point of view) for me to get interested in it. Best of trading to you RW

Hello Mike, I scan on an intraday basis. Yes I use tradestation radar to scan. I have had a lot of issues with tradestation but if you want to scan that many stocks I can say that you can plan on spending a lot on the computer doing the scans. I like tradestation and stockfinder. I...

Firstly, Best of luck to you. There is more to brokers than just commission. You may be with a broker that is your counter party and you could also be losing the spread on each trade which could be costing you a lot more. I am not here to chearlead IB but I do use them and they are like...

I think the odds of a shift to Asia would be higher. I would not be surprised or put it past the idiots in DC to ruin and destroy our leadership in the capital markets. Especially with the spend "the credit card has no limit". Along with the "spread the wealth" we don't have to feel any...

I woke up to check pre-market and the overall market was higher. This was also putting upside pressure on my two big shorts I carried over from last night. Then consumer numbers came out and the market made an about face and started heading south. Both MR and BK started to fall but not...