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I enjoyed your journal and honesty. Some traders fail to explain the hard times and learning process and would rather brag about all the money they allegedly make. I trade part-time and have a full time job. I get up early and trade pre-market and the first hour of the open. It's taken a...

Nice day Sobemark. I started off well with a short on AMZN after it gapped in the first half hour, and a couple long trades of YHOO when it kept bouncing higher from 34.80. Unfortunately, I went to the well a few times too many on YHOO and ended up slightly down on the day. I did not...

Reid, did you only trade 1 day because your were busy with other things or that your parameters weren't reached to execute a trade? When I first began to trade I executed too many trades not following the system I have used to have success. The times I have been most successful is when I...

Thanks for all the information in this thread and it helped me have a good week (+$2500). I especially did well on the initial strong gap downs in the first 1/2 hour of the open, as well as the aftermarket trading on earnings news. This next week should have a strong snapback day sometime...

Yes it did. I have never traded options/futures but this is an area I would like to learn about. Did you learn by trial and error or is there a publication of some sort you believe is worthwhile to review on the subject? As I watched the market this morning I thought the set-up appeared...

Sobemark, I only trade stocks and can you explain in detail what you did here. Sorry but I need some spoonfeeding. 10:01:16 Buy to Open 15 +XBAAP at 4.50 on EBS (15 traded @ 4.5000) Executed 10:02:07 Buy to Open 15 +XBAAP at 4.20 on EBS (15 traded @ 4.2000) Executed 10:03:14 Buy to...

In the after-market I usually try to scalp 10 or 15 decimal points on a fast moving stock. But I do have a weakness of selling too early. I get especially nervous on fast moving volatile stocks. It is the classic struggle of selling early/too late which is in my opinion the hardest part of...

YHOO gapped down to 35.00 after EBAY released its earnings. Unfortunately I sold it at 35.15. It is now trading at 35.80. I can trade the ECN's until 5:00 pacific. I sold too early again. :(

Today was another great volatility day. The set-up was great to short internet stocks since other than YHOO both AMZN and EBAY looked weak pre-open. THe positive inflation data put some further distance onto EBAY and it was a good probability to fall after the open which it did. I had a...

Today was a very good volatility day if you were on the right side. I started off fine but lost my gains when the market turned up sharply in the morning. I had a couple of short positions in YHOO and EBAY and elected to cut losses. I finished flat on the day. Ironically, late in the day YHOO...

I agree that this thread contains a lot of information that has piqued my interest. I have traded for about 6 years on a part time basis, but each year I increase the frequency ( I currently trade about 75 to 100 round trips a month). I use charts mostly to see how volatile a particular stock...

I followed CREE yesterday also. I don't use charts very much, could you specify your parameters in more detail? Thanks.