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anyone?

hey fellas, I've just recently started as a trainee at a proprietary firm (we deal with NYSE stocks), and I am learning the ins and outs of scalping. Basically, reading the time and sales window, as well as the NYSE specialist openbook, level 2 quote. I was wondering if anyone could shed some...

Does anyone know a good book on scalping? Utilizing the level 2 quote, spotting uptick, downtick, fake bids, refresh orders, supply and demands? I would really apprecaite it if anyone could recommend a book or magazine that's more related to what i do.

which is a good magazine that's more for the daytraders who does scalping?

yeah i know, i'm just trying to find any source of info that will help me get better at scalping. I just started my training, but it's not like a formal class type training. I am basically looking for a book or a good web site on scalping so i could get better at this game. so far all i know...

what is dax exactly? also, what would be the ideal magazine or any source of publications or newspaper for someone doing scalping? I'm looking to get a good source of info since i dont have cable so i dont have access to good shows on cnbc or jim cramer's. =\ i can get the wallstreet...

HI guys So far i've only worked for 3 days, but I am picking things up very slowly. For example, i have just learned the 1st method i could use in a trade. And that is the indication of an uptick, which is often an alert to do a short sell.. For example, when there are ask prices with price 1...

ok that's great. but can we get back to the subject now? hehe You've just ruined my post =D

let me know if you know of any good ones?

Hi fellas, Anyone care to share some tips or techniques on scalping? I've just started doing this and would love to learn from some of the more experienced traders. Right now, i am still in the training period. but most of my training is basically done by trading in the simulation on my...

i think i see what you're saying, i'm going to give an example below, could you take a look and let me know if i'm grasping the concept? ex. where V stands for down symbol ^ stands for up symbol bid price / ask price shares 9.34am: NYSE V 80.49...

Can anyone explain how to short sell a stock based on an uptake? And how could i spot an opportunity like this using the openbook and the box?

i completely agree with you. right now i'm basically just doing simulations, but it's hard to predict the trend. and i dont know too much to look for... like the uptake and downtake. could you explain them to me a little bit?

Hi guys, I just started training at a company doing prorietary trading. Mostly we buy and sell based on the NYSE Open book (where it shows the bid and ask price as well as the amount of shares: bidsize, asksize.) and the box where it shows you all the orders being excuted or any of the...

Hi, I just finished my first day of work as a proprietary trader. However, there wasn't much of a training program. Basically I was monitoring the senior trader, occassionaly asking some questions. and at the end i was put on a computer to trade in a simulation on my own. It seems that the...

I am surprised there wasn't a real structured training program. Basicaly I was monitoring what the senior trader was doing, asking questions, and he will sometimes ask me if i notice something, but it's hard to understand fully. Afterwards, i went on to the computer and was testing out the...

oh no, i dont have to put up 50g. I have to put up a deposit of $5,000, which i can get back in the future once they know i'm not someone who's coming in just to gamble away their money and leave. And this money will not be put towards as part of the $50,000 my company will grant me as my capital

First of all, what a nice community I've found. Thank you all so much for your enthusiastic interests in my current affair. I really appreciate all your help and guidance. Since there has been "MANY" helpul hints, and I have many follow up questions I would like to ask the correspondants, I...

i'm loving these replies, please keep them coming! haha Hey lescor, yes i agree with you that all these magazine publications could put you in a bias position, but aren't they still a good source since at least they inform you on all the news that are happening? Also i am starting work...

what's a signal service? =)