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Many traders post on stocktwits. You should look at them as an example. I think the key question is "Why do you want to do this?" Ego? Social Networking? Improving your win % because you now have people looking over your shoulder as you trade? Once you know why, then you'll...

1) How do you define "an edge". When using a system that is repeatable, when you conduct 100 trades and you end up with a profit, you have an edge. The bigger or smaller the profit, the bigger or smaller the edge. Keep in mind that the edge does not apply to any market at any time, but...

The rude comments are uncalled for, unwarranted, and unsubstantiated. I stand by my comments. The snarky comments make thoughtful commenters stop bothering to help others and ruin the forums.

Real profit percentages are effected by many things: Trading Asia, Europe, the US Market... or 2 of the three. Or three of the three. Trading for 4 hours a day. 8 hours a day. And which part of the day. Trading equities or futures. Wins vs Loss ratios. Win sizes vs Loss...

I think it's important to keep in mind that paper profits aren't real profits. I had a day a few weeks ago where I was up $10K by lunch and told a friend about it over the phone. Shortly thereafter the market went against me and I spent all day "hoping" I'd get it back. I wound up...

All my figures do not involve day trading buying power. I keep my analysis using real numbers that are in my account that I could pull out to pay the mortgage, etc. As day trading buying power can't pay my mortgage, I don't use those figures.

Short answer: been doing this for years and .5% a week is my norm, not .5% per day. It's unlikely you're 5 times better than me. Possible, but unlikely. Most important for you is to avoid losses. The gains are easy to come by. Avoiding losses is the key to victory. Long...

Putting one's political spin in these forums sucks the fun right out of them.

Military??? You haven't experienced the military that I have. I was thinking Congressman. It seems that all that's needed is ignorance... and confidence. Definitely Congressman.

Everyone's style is different - for me I bat around .750 from 9:30 to 10:30 and from 3:00 - 4:00. Its barely .500 the rest of the day. So I take my profits when it works for me, and avoid the rest of the day. Friday I was positive 2% and then went to negative 5% because I didn't turn the...

Oh - there are other normal email addresses not on AOL. And they hired a very good russian guy to set up their network, which is a pretty robust system. It would be unfair to use the adjective clowns with this company - they've made it in a tough business for 10 years now and they're...

Small company from NY. Less than 10 years old, less than 10 employees I think. Mainly NY, NJ focused. Lots of effort to expand and grow. One owner is Andrew Fisher - there may be others. Mr. Fisher keeps abreast on politics (won't say which party - it's not appropriate on a public...

I'm no genius, but it seems what goes down quickly sometimes snaps back quickly. Banking, financials, insurance. That's where I will look for rebounds.

Position sizing depends on volatility, volume and confidence. One symbol I track regularly I would use all 100K without concern. The volatility is low, the volume supports that amount, and I'm confident in my system. Conversely, consider shorting Best Buy last week based on negative news...

Going to be successful? First we have to define success and for each of us that may be a different achievement. I wouldn't define it as being filthy rich as stated in the original post. I want more than money. My version of success is more permanent, lasting and worthwhile than being...

I use hard rules written down in a business plan that cause me to do less as I lose more. Something like this: If I lose $500, I go to paper trading for the rest of the morning or afternoon. If I am down $1,000 I go to paper trading for the next day. If I have two loss days in one week...

I respectfully disagree - there are many good systems besides trading and we shouldn't disparage the entire system based upon 9 months of mutual fund returns. I've done well using fundamentals for individual stock investing in the 1 - 12 month time frame. More importantly, who am I to argue...

I wouldn't buy anything except T-bills for such a long time period. But if someone wants to go for 7 - 10 years, I would recommend going with Buffett over Goldman. BRK.A or BRK.B

How much you risk depends on your personal risk tolerance. Many successful short term investors (or traders) recommend only risking 1 or 2%. This is because trading is far from an exact science - it's based on having a chance, maybe 50% chance, maybe 75% change, on making money on a trade...

Best premarket are the widely helds, i.e. QQQQ or AMZN or DELL because only the largest stocks have predictable premarket action. You might consider instead of trading specific stocks, just a general "moved in premarket" screen that would change what you were trading daily.