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I read dave Floyd's book "How I've Achieved triple-digit returns daytrading ...4 hours a day". I have adapted parts of his method into my trading plan for SPY. I can tell you this, it is far from mechanical. It involves pattern recognition within the context of the pullback in the ES on the...

I have on several occasions during the past week placed a Market order for SPY routed to ARCA, only to see my order disappear into the ARCA abyss without being executed (My broker is also IB). At first I thought I hit the wrong Hot Key combination, but it happened again. Of course the time it...

I have an IB account and exclusively trade SPY. When placing a SPY market order, is it preferable to use IB's 'smart' route or is there an exchange or ecn that is typically better than the rest in terms of speed of fill? thanks

I have been daytrading SPY (100 shrs) for about 2 months now. I have had only 1 winning week, however, my account is only down 1.2 %. If I would have gone straight to ES, my account would be smaller and I would be under a great deal of phsycological pressure do to the greater risk. The goal...

Rising commodity prices while the economy is slowing. Correct me if I am wrong, but isn't that Stagflation?

Perhaps your right. However, the relationship between bonds and stock prices have been inverse the last several years. I feel it prudent to assume that relationship will remain intact. After all, what has changed fundamentally in the economy? We are in a economic situation not seen since the...

Momentum is on Your side Trader99. Ride that Bond Bull! The market will tell you when its time to get out. A trailing stop might be a good idea.

The Bond market is forecasting economic weakness while the stock market is forecasting economic strength. Given the divergence, I think the bond market is a more reliable leading indicator of economic activity.

As noted by the chart in an earlier post, reversals of the type shown are very easy to identify after the fact. However, flags are one of the most reliable chart patterns and one could definitely make a living trading them. The only setup I trade consists of a "Thrust" on a 5 minute SPY chart...

In my opinion, learning how to handle winners takes realtime market research. I trade one setup intraday and enter every trade into an database ( spread sheet would do). The main trade characteristics I am interested in are: A. How far does the trade go against me before turning into a...

This is correct. I emailed IB and they explained that only the HTML statements would be available on their website starting May 1.

I hear that with all the new menu items, the McDonalds Management training program is a good opportunity. Just think of all the possible locations your friend could work at.

I developed carpal tunnel syndrome several months after starting a job where I was in front of a screen all day. I Resumed my swimming every other day and it went away and hasn't come back.

I remember reading that interview. She probably thinks that if SHE can't make a living trading, then no one else can. Quite arrogant if you ask me.

Trading with DiNapoli Levels by Joe DiNapoli

I am learning to day trade without a mentor and it is progressing well. Here are some things that I am doing that seem to help in my pursuit. - I have only one trade type in one time frame ( 5 min ). I use a MACD to determine trend and buy or sell retracements within that trend. I look for...

yes. Loophole and SocksCap combination will solve your problem. The solution is documented in previous threads.

I prefer to live WAY below my means ( Thats how I was able to save enough trading capital to quit my job to trade in the first place). Freedom experienced from having very little debt and a fat bank account brings me way more pleasure than material things.

There is a defect with esignal regarding alerts in the quote window. It is possible to have the high and low cell for and issue turn green or red when a new high or low is being made. HOWEVER, it stays red or green and the only way to make the color of the cell go back to normal is to click on...

I've noticed that when two 5 minute bar TICKs in a row print above 1000 when the market is in somewhat of a trading range or approaching a previous high, a reversal is highly likely. TICK and TRIN are also decent as divergance tools. ie.. the market is making new lows but the TRIN is making a...