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  1. W

    95% of Traders don\'t lose, 99% is the real #

    "Newbies post like crazy, get highs and lows, and think everyone is like them. Most of us on this board don't post much, but make a very comfortable living. Its a good field of work and easy too." When I was new, I posted some dumb things, now like a lot of traders I make my 1-2G's per day...
  2. W

    Charting a basket of stocks

    I want to chart a basket of stocks that I select, ie: create my own little 'index' and chart it. Can you suggest software for this task? I have a data from esignal. Thanks Washington
  3. W

    RRSP Acct with US Stocks

    Considering the huge amount of money in RRSP accounts, I would be surprised if Bright didn't offer such an account in their Canadian operations. Check with them. It will take an Amercian to break into this market, Canadian brokerage firms are much too fat. Also, have they passed the law...
  4. W

    How to get out ?

    LOL, reminds me of hockey great Bobby Hull. He said my wife made me a millionaire, before that I was a multi millionaire. Mike Milken said trading is like having a mistress, its costing you tons of money, its putting your life at risk, and you know you shouldn't but you just can't leave it alone.
  5. W

    Consistently Profitable Day Traders

    Sir, to answer your questions I trade with 50K of capital My trades are automated so there are no hard rules for frequency etc, but I trade in 500 or 1000 share lots, the average hold is under 2 hours and some days I have no trades and some days ten trades. Note, length of trade can vary...
  6. W

    Consistently Profitable Day Traders

    Forgive me for posting again, I'm just a small guy and not that smart compared to most of the posters here. I have to trade to eat. I trade just one or two stocks, but I am somewhat expert at them. I use an automated system because it forced me to make rules and follow them. (I use TS)...
  7. W

    How much should I be earning

    Thanks a million Bo, this board really helped me raise my sights. I appreciated people telling me I could do better. Candletrader said I should start having a few 1K days and so I have been determined to get there. I am not very proficient at technical trading, and I find myself looking at...
  8. W

    How much should I be earning

    A couple of people asked me to post if I ever reached a $1000 net in one day. Finally, today, first time. It was over before the market was ten minutes old. I don't usually trade news, but AMGN was way down in the pre-market and I decided to go long in AMGN at the open if the market...
  9. W

    How much should I be earning

    I'm sure this is a bore for most posters, so Peter this is it for awhile. Today I traded to about a net of $480 (I was calculating in my head) and as you know I am determined to make $500 per day. Anyway I tried to squeeze the extra $20 bucks out of a position that wasn't there. Then...
  10. W

    How much should I be earning

    Well, Ok Peter but please don't ask me everyday, I'm abit shy about this and don't want to jinx myself. I admit I don't have much to offer, I'm here to learn. To me today was a typical day in the markets, although I could only trade the first hour because of another commitment. I...
  11. W

    How much should I be earning

    Forgive me, but I don't know what leveraged funds are, I only trade stocks and very rarely have positions exceeding $150K in value. I have never traded anything exotic like any derivatives. As for the TV set up. I have a Dell with 4 video cards. Three feed monitors with my esignal charts...
  12. W

    How much should I be earning

    Sorry, I didn't understand your post Specul8tor. One thing I do that I havn't seen mentioned on the board, is I use a TV for one of my screens, and I run it through a VCR to record my first hour of trading. This may sound dopey, but after close I go over my first hour to try to learn from...
  13. W

    How much should I be earning

    Thank you very much, all the comments here have been very useful to me. When I started this thread I thought I had to get much more aggressive. After reading the cautions and comments I have decided to move slowly. My trading style is so unsophisticataed that I am too embarassed to...
  14. W

    How much should I be earning

    Thank you very much for the comments so far. I suspect the glass ceiling I referred to is because once I get above $500 in a day I start getting paranoid about losing it, and find it hard to get beyond the $600 barrier. (On Friday I made $830 but that is unusual for me). I rarely use the 200k...
  15. W

    How much should I be earning

    I've been reading this board for a few months and I've been trading for a few months. I am too much of an amateur to post because I really connot add to the body of knowledge, but there is something I finally need to know. I have a 50K account with 4:1 margin. How much should I be...
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