Search results

  1. M

    IB Options cancel fees

    1 $ is cancellation fee or change for every order as I know at IB and it can become a cost factor if you trade small and frequent.
  2. M

    I got $90K from credit cards, where would you invest?

    Did they Charge you balance transfer fee of 3 %? I think there is very little chance to make money with out taking risk. You can buy a bond fund for that span of time.
  3. M

    Taking 76K to 500K by Year End

    "Underfollowed. Company is a cash flow king and they are buying back stock. " Most of the time when company announce buy back they are saying we are out of any good Idea and we are dumb so we are buying our share back. I think only exception is in a bear market it will make sense to buy...
  4. M

    Making $5K with $20K each month

    "you could have a hard time to sell if no volume support. If over millions of shares traded like CVDT had, you could make a trade. For me, this is just a position trade.' How you can trade if you do not know that you can sell it when time will come. Seems you still just gambling. You...
  5. M

    Making $5K with $20K each month

    PT, With your ability you should manage some money like hedge fund, Loan will put more pressure on your trading. Some months it will be difficult even to make interest payments. JMHOP. If you manage 100,000 and you get 20% cut of profit that will be equal to having 20,000 without interest and...
  6. M

    Making $5K with $20K each month

    PT, Assumption is trading on full margin or 900 shares, and when comfortable trading short side also. I trade on 5 min chart and take in consideration of pivot points, EMA, 3,8 with HMA 9 give better result. CCI 144 and RSI 14 with standard MACD also used in my trading. There are always...
  7. M

    Making $5K with $20K each month

    PT, Calculate possible trade on QID and QLD for today you might be surprised how much money you can make with day trade margin. It is easy to trade couple of stock then 100. JMHOP. Just my two cents, you are a very good trader. Use your talent wisely. Good luck. Farooq
  8. M

    Making $5K with $20K each month

    Very good trading. Congratulations.
  9. M

    Making $5K with $20K each month

    Sorry to hear about your loss. That is one reason I quited trading individual stocks. If I trade them I want a hedge so my loss is defined before my gain. It is very hard but you will make it. Good luck.
  10. M

    Making $5K with $20K each month

    I use 5 min chart, today was a very tough day. After selling QID @ 47.70. I was distracted by AMTD shorted at wrong spot 17.70 (ideal spot would be 17.90 area) I am few pennies under water on that, I have hedge on it long equal number of calls. I will benefit if it close below 17.10 by May OE...
  11. M

    Making $5K with $20K each month

    It is good to ring cash register every day. I went long QLD and sold @92.03 now long QID from 47.37 I use trailing stops, my stop is now @ 47.50, Off course if system say sell I would not wait for stop to be hit. Reason to go long was previous low is 47.27 and break of cci to below 100...
  12. M

    Making $5K with $20K each month

    Thanks a bundle, I appreciate it very much. I will study them in detail. Seems good charting software. Good luck. Farooq
  13. M

    Making $5K with $20K each month

    It must be a coincidence that I also use hma along with EMA 3/8 and for trend catching ride SMA 34. I am using CCI 144 on 5 min chart, which become 48 on 15 min and 24 on 30 min chart and 12 on hourly chart. 1 min chart have too much whip saw. I use RSI 14 and standard MACD histogram. If...
  14. M

    Making $5K with $20K each month

    "I wish I could find a place to discuss potential plays and exchange ideas with some intelligent traders. Plan ahead and make $$ together. I've been in several chat rooms, but most talks in these chat rooms are B.S. Few constructive discussions. I am wondering if ET has any good thread to...
  15. M

    Making $5K with $20K each month

    I think on a forum if many people help each other they all can benefit from it a lot. How is your new broker ? What margin interest they charge you if you dip in there money? Do you have encountered any negatives? What user name you use on dacharts site? I trade only QQQQ, QID, QLD...
  16. M

    Making $5K with $20K each month

    TOMO earning is out already. Tom Online 1st-quarter net down 99% on 28% lower revenue By Robert Daniel Last Update: 7:00 AM ET Apr 27, 2007 NEW YORK (MarketWatch) -- Tom Online, (TOMO : tom online inc adr reg s News , chart , profile , more Last: 14.95-0.13-0.86% 12:52pm 04/27/2007...
  17. M

    Making $5K with $20K each month

    I am wondering also, may be his new broker ran with money. :mad: He post few trades here but his trade level is that he makes more then 2000 trades a month with his previous broker. That is an amazing number.
  18. M

    Making $5K with $20K each month

    "I used to use AB Watley. Now I use Prodigy Trading, both of them uses Omni Pro trading platform and Penson for clearing, should be an easy move." Thanks for info, Please share with us how prodigy help you in achieving your goal. How they charge commission and what is there margin interest...
  19. M

    Making $5K with $20K each month

    Good luck to achieving your goal. Thank you for sharing your knowledge with us. Two Questions, 1- Which broker your are using now? 2- Which broker you were using before? Congratulations on your trading, do what makes you comfortable. :)
  20. M

    Taking 76K to 500K by Year End

    Hi, Good luck in your trades. I trade only one stock QQQQ and its derivatives and options, mostly. I am interested in, How you choose your stocks? Scan, news source, internet chat ? In your non discretionary trade what indicators you use? TIA.
Back
Top