Search results

  1. S

    LAPTOP deals, anyone buying one lately, what are you using for trading

    I have a Toshiba Sattelite P25-S609 laptop. P4 3.4GHz, 1G RAM expandable to 2G, 80GB harddrive, DVD-RW/CD-RW multi drive, 17" widescreen and running Microsoft Windows Media Center Edition 2004. with 3 year warrany it ran about $3k, the screen is sick and the the video card allows me to connect...
  2. S

    Winners / losers statistics

    Class B versus going proprietary: For both you will need to be NASD Series 7 and 55 liscensed maybe even 63 depending on what state you trade in. Class B traders put up their own capital (ex. $5k) to get X amount of buying power back as leverage. The advantage of going Class B is that...
  3. S

    Winners / losers statistics

    Absolutely....reading "Trading in the Zone" by Mark Douglas or "Reminiscenses of a Stock Operator" by Edwin LeFerve (read between the lines, there are tons of little lesssons in there that aren't exactly printed that you may pick up the 2nd or 3rd time you read the book). You will see just how...
  4. S

    Winners / losers statistics

    This is why you don't trade through a broker, for this specific reason. Brokers will churn you and burn you, they don't care if you make profit or not on the trade, they are in it cause they make commissions on the share count. Any active trader (and I do mean really active, as in doing over...
  5. S

    who else thinks this new SHO rule is BS...

    Yeah you do run the risk of getting your foffer lifted, but you have to use good judgement when doing that, you have to fully understand there is a seller in there that wants to dump stock..this is done by carefully reading the tape...as livingston1 said look at where the specialist is filling...
  6. S

    who else thinks this new SHO rule is BS...

    The thing with the SHO program is that you can't fully gauge your risk. Previously with a short is was simply a penny risk with the short stepping down. You have to give SHO stocks more room against you and really have to understand how to read the tape. Livingston1 reads the tape very well...
  7. S

    You guys who do VOLUME, why so much?

    ...and another thing, you can always vary up your game. If you are so confident in a trade to catch a point or 2 points then why not size up a bit? If you are not comfortable doing 1k lots yet don't force it, just take 300 or 500 and work with that. But basically the reasoning behind sizing...
  8. S

    You guys who do VOLUME, why so much?

    I fully agree with Steve Tvardek..this 100 share lot trader is really a waste of talent in my opinion. However, I do agree with with argument of the comfort zone, but this has to be in relation to what you want to do with your career as a trader. Now, if I was happy making $100-200k per year...
Back
Top