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I just went on ebay and saw that there are traders selling trading books in lots of 5-7 really cheap! I guess they went belly up and now are trying to make some money back??? I am thinking of taking advantage of this as some of the books and software are hard to find and when you consider buying...

THe eminis have been very difficult to trade the past couple of months. I was up over 20k in August, just to see it all go away in sept. and oct.:confused: I am a scalper. By that I mean I am in and out of th market fairly quickly. But this chop fest has killed my account. I am taking a...

I am looking for the chat room in pal talk and i cannot find it under business or search...

I don't see it??? Looked under busines and finance and "trader".

Short YM 10354. Stop 74

Is the YM not being traded on Monday? I know the NQ and ES trade on Columbus day. WTF?:mad:

I live in the city of Orange. Too bad Daytraders USA has declined in attenence it use to be a great way to meet fellow traders.

Yes, it is contrary to human nature to accept losses. Yes, it is difficult to decide where to place a stop. All day today I was scalping in and out of the YM and had my stops in place at the moment I entered the trade. I was doing well. Then I took a break. An idea struck me and I thought I'd...

I have all three books by Tony (one is autographed!):p

I have been to a few of these things and the two reasons I'm going is 1) To meet fellow traders and rub shoulders with the big boys 2) Vegas baby Vegas!:D

Thank you all for such great support. I feel much more optimistic about keeping at it. I am very greatful for all of your help on this subject. I'm learning that the game is 90% mental, and that trading is like being an athlete. If it was easy, everyone would be doing it because IMHO there is...

Yes, indeed I have read Gary's book and his recommended book by Darvas. I guess I should clarify that my approach is daytrading and scalping. Gary's approach is based on a longer term which does not really fit my personality. I think it's a good book and very insightful. Although, I wonder how...

Thank you all for your insight. I understand what you are saying and I hope it eventually sinks in. I am "feeling" discouraged and perhaps need to focus on one method (paper trading or 1 lots) until I master all of it's nuances. I would also like to find a trader to sit next to and learn from. I...

I have been trading for quite some time now spending countless hours developing system after system based on indicators, chart patterns, etc. and reading every book I can find on the subject of trading. Just when I thought I knew what I was doing... I crashed and burned. My systems proved...

Well, I'll give you my two cents. Before you quit your job and leap into the world of trading, try learning a methodology that fits your personality. Whether that is a moving average crossover system or a system based on support and resistance, etc. Then after learning technical anaylsis and a...

Perhaps it is possible that this upsurge in price was manipulated with the low volume we have had the past two weeks and perhaps we will see a retracement? It's possible that the NVLS report will have a deteriorating affect on the semis and begin the end of the rally. It's possible that the CEO...

Apparently, the semis which is the leader in this market are not taking a break. Despite the news on NVLS tonight, the semis in general are holding up pretty strong. Usually we might expect news like we has on NVLS to drop it more than just 1.00. And KLAC, INTC, AMAT, and MXIM barely flinched. I...

Yeah that market sure is falling apart isn't it?

Funny.:D

Traders are creatures of habit and although many made money in the bear run we had from mid 2000 to Oct. 2002. The times have changed and we are in a Bull Movement. Will we see Nasdaq at the 5,000 mark? Or Dow 12,000? Who knows. But, do you really want to hold a short position all the way up...