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From my previous experiences, summer trading has never been so exciting. I traded 87200 shares today twice more than what I usually trade. There were so much movement in the morning and the afternoon. I hope this continues on. Perhaps, August weakness is really going to do damage this...

8.15.05 Monday Trading I spent the morning agonizing great entry I missed buying DJ on first pull back. I pondered to buy out the offer with market order.. I pondered on the size.. I thought 5k (size i am comfortable with).. maybe 8k(not very comfortable with).. or go for 10k!!! (never...

I've opened up a forex account. I haven't made any trades yet. Just watched the chart layout and changes in exchange rate. Its a whole new world to me. I have a feeling none of equity trading experience will apply to currency trading. Perhaps candlestick charting will work.. But that split...

I've begun taking this approach about 3 months ago. It seems easier than the stop order approach because I don't need to put stop prices in all the time. However, whenever I cover about 1/2 of the position, the strong urge to cover everything kicks in. Its tough letting go..

Thats incredible. I went to OANDA and made a demo account. I realize there is no tape. Is there any way to tell how much buying and selling is made during a given time? It fears me to think that there is no way to know how much is actually getting exchanged. It seems like only way to make a...

I really hope trying hard will be enough to get there. I keep trying to adapt to all the changes that continuously happen. But its it feels overwhelming sometimes. The pilot program that started this year reduced my earnings by about 2-3k a month. I feel insecure most of the time even when I...

I see more and more equity traders moving to trading eminis. I've been told grass is greener there. I've been asked to come trade with couple of guys that trades futures but I want to give myself more time in equities.. I feel like if I keep at one thing long enough.. I'll be able to...

Hello Steve, I have been net positive every month after my third month into trading. I have been trading for 20 months. So that makes 17 consecutive months. I don't make a lot of money. I guess the problem I'm faced is transition from being a scalper to being more longer term trader. I...

I hardly ever used stops.. But I'm going to start using them far more often now. I am curious how the transition went for you moving out of stocks. I've thought about it for a while but I can't seem to make that leap. Equities became a routine job for me. I also don't have enough money...

When I first started trading, I focused on scalping thin volume stocks. I did fairly well. However, I realized that my strategy wasn't scalable. I wasn't happy with the money I was making and begun adapting to trading thicker stocks. I've been bagged many times but eventually I started...

Thanks skalpz. I spend a lot of my time listening to bloomberg radio. Doing so, I've become very sensitive to macroeconomic events. I am somewhat in tune with the market knowing when certain economic data are due and what the expectations are. I feel as though I can read the futures market...

I've been trying this approach.. Its a battle between my scalping self and my other that wants to improve. I began taking this approach during the afternoons to take advantage of stocks that trend. So far my success rate is at best about 20%.. 40% of the time I end up getting out as I...

I am 27 years old. With monthly expense of about $2500. That includes the living expense and trading (rent, eating, high speed connection, data fee, etc). I trade with $500k intraday buying power. I can overnight up to $50k. I have limitation in intraday position for up to 10,000 shares...

Thanks for the encouraging words. There are so much posts made here and its hard for me to keep up with them. I try to come and read as often as possible to learn from what people has posted here previously. So far I've been concentrating on getting the technical indications right. But it...

Today I shorted 500 shares of BA early in the morning. I offered at .49 having 10,000 shares at .50 as my protection to get out. I felt the market was weak and at some point was convinced that the S&P will go -12. It started to go down, a new bid came in at .42 and I saw people buying .43. I...

I am starting this journal in hopes to get guidance from respectable traders.. as I never have been blessed in meeting a kind mentor who took his/her time to help me. I got into trading first in college trading on etrade during the bull market. I lost my life savings by the end of April...