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If it's so easy and you can tripple your money annually, come on and do it with me. You'll probably make more than what you're doing now. I think that what I'm doing is much more difficult that you think it is. There is a lot more to finding possible bottoms than just dumb guessing. Finally, if...

huh?

ET used to be high quality though. When I first came here 2 years ago, it was 95% quality information. Lately it is just all IB questions, ECHO vs. WORLDCO vs. BRIGHT. When I do try and contribute something I end up with a dozen pages of attacks and stupidity. I have no problems answering...

Let me try one post to answer the last few pages of questions, criticisms: dgabriel: s/r levels on some NYSE stocks can cause unusual price swings when violated, because the specialist will exploit the conditions when they exist. I am sure many traders have seen NYSE stocks with an average...

RPC, if BMY was on the nas, I probably wouldn't have taken it in the first place. On the nas, stocks aren't as "solid" s/r isn't as defined. They'll blow stops all over the place. If i did take a position, it would be under 3k shares probably. But it all depends. The bottom wasn't blowoff enough...

Squeezed? HUH? I am long. I continue to buy it agressively, or as agressively as the limited volume allows. I'll take unlimited under about 1.2 or so. My basis is 1.1. I have no intention of selling this stock now. I'll wait til it's in the mid teens. At that point, I doubt it matters how I sell...

I personally think that expensive scans and high tech equipment are wasteful. I have begun to dabble in those lately, and I find that my results haven't improved at all. When it all comes down to it, you just must think from the gut and trade. As for fighting all conventional wisdom, I have to...

I honestly never meant to offend. I thought I had honestly answered your question. My trading style is GNP. Look up great new pattern in the search engine on this site and you'll find it . I have no scanning software really. All I look at are the top ten decliners and that usually gives me all I...

I'm not sure if you're mocking me or not. Attacking my lack of ability to describe my thoughts thoroughly is stupid. In any case. I guess I was wrong to say that there was 5m exactly. I just knew there was plenty of size to lean on. I assumed it was 5m or so. Probably more as you see that those...

ET= elitetrader. It's the room on this site.

I had no idea that there was 5m there. Just a dumb guess. But there must have been something there cause it was trading 30 X 30.2 for like 30 mins. It just wouldn't go under. So there has to have been something there holding it up. Main reason I bought was reading TSCM. Cramer liked it down...

The specialist legally must make a fair market. I NEVER trade breaking news. Trust me, the SPecialist is getting screwed with his order flow too. Otherwise, he's way fairer. I normally trade stocks that trade under 200k shares a day. And I usually take positions of 10-20k shares at a time. You...

This is the advantage. Look at BMY on thursday. I took 25k shares at about 30.15 avg. I just entered 5k market orders to buy them all. I wasn't too concerned about price. I sold them all an hour later in the mid 31 region for 32k in gains. I could NEVER have done that on the nasdaq. The nasdaq...

I basically make or loose 1-3k a day. In the end, out of say 20 trading days a month, I'll have those small days be a push for about 15-18 days or so. Maybe i'll show a small gain of a few k net. Then it's my 3 or so 10k+ days that make all the money. I assume it's the same for a lot of people...

6 mos. 13k lost in the first 3 mos. about 3k in books, computers, online periodicals in those first 6 mos.

Usually pick myself out of the gutter, figure out where I am, limp my way home, then usually a shot of beam for the wakeup call..... Then it's all about Blind date and Jerry springer.

My personal scalping experience is in very illiquid to semi-illiquid names. I won't touch anything that trades over a mil shares on avg. Usually I'm in names where the volume is under 200k.

e-mini

As far as Buffett goes, he's through. Just read his annual report. It summs everything up. He needs a dozen elephants just to keep pace, and there aren't that many plays out there. He's so big that he's become the market. You can't compete like that. I'm pretty confident that I'll trounce any...

I scalp, in that I often make trades for small gains of under .5 or so goal. It really depends on the stock. The more liquid you can be. I've had decent results this year and my trading account is up over 150% so far this year. Those dimes and quarters really add up I guess. It's definately...