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    tradetek

    Anybody tried this company and AI software. http://www.tradetrek.com
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    Level 2 Rookie

    Luck is when preparation meets opportunity.I think it is always good to hear new ideas, and counter ideas. Averaging out is something I never thought of, sounds like a good idea with the stocks I follow.
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    Level 2 Rookie

    If someone has a week in, week out method of turning positive cash, I'm all ears. I can agree with the basic premise that you set with your screens set to your chosen stocks and wait for a run. Jump in with a fast access system, grab some stock, flip over and sell for profit. Hopefully, the...
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    Level 2 Rookie

    Agreed, I'm not sitting on the edge of a cliff with a rope around my head, waiting for a push. I do take all comments as a learning opportunity. I don't get into wild up and down stocks. I choose stocks which maintain a mild swing, this mild swing allows time to digest a plan of action. I...
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    Level 2 Rookie

    Good point. I do not intend to take a large loss. I've been to casinos enough to see people ride a bad streak off a cliff with no bottom in sight. If the stock I traded takes a big run, I back off of it for a while to let it stablize a little and get back in its support structure again. Over...
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    Intraday Indicators

    Well said, I agree. I got in and out on IBEM the day before the main run, and took a quick out for $520 after commission. If you can wait until you find the right stock at what you feel is the right time, you will make money more times than not.
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    Intraday Indicators

    I agree, the exchange of ideas,education, and over all help should be the focus. Advances are made sometimes by two or more people each having part of an overall plan, that once put together acts as a whole. My interest in this site is to learn from those who are successful, not to get an...
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    Level 2 Rookie

    Study the stocks you want to trade, like anything else in life, hard work equals success. Do you trade the same stocks, or jump around on what's hot that day. I like to know my stocks, or at least fill I do. High volume, low beta, and really tracking a stock to get to know it helps me buy at the...
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    Level 2 Rookie

    When I study a stock on a day by day basis, I know just about when it will go up after a dip, sometimes it takes an extra few days to go back up. I don't worry that much about a long term loss, it would be rare for the stock to keep slipping with out at least once having a short run back up past...
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    Intraday Indicators

    Truth within truth Keep to the basics and succeed, Buy low, sell high. systems to me are like baked potatoes, start with a rotten potatoe, put on sour cream, bacon, chives, cheese.....guess what, you still have a rotten potatoe. use a bad system, put on level 2 quotes, quick trading...
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    Level 2 Rookie

    Maybe ours lines got crossed, if so I'm sorry. I'm more of a swing trader than day trader so to speak. I focus on about twenty stocks day after day, and develope a feel for when it will run. Sometimes I buy in the day or two before the run. Sometimes I wait till that morning to see a little...
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    Level 2 Rookie

    not true, I do it often. High volume stocks is the key.
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    Level 2 Rookie

    I would not define it as desperate. Fact is the more information you have the better you can act on obtaining a profit. Whats the use of level 2, if not to see what the bid and ask is, the closer you can get to actual bid and ask the better. I don't chase runners. I look for stable stocks that I...
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    Intraday Indicators

    I think Swing trading is better for me after reading this thread. Is it my wrong thinking that given any group of people in any profession, there will always be a scale of smart to not so smart in that group. I think I would rather follow 10 or 12 stocks everyday and develope a feel for their...
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    Level 2 Rookie

    Just spent my first day with Level 2 quotes. The software I'm using does not show level 2 quotes as tenths of a cent. It only shows rounded cents. I sent a email to thier help desk, and maybe I'll get a reply ? Do some companies only offer rounded cent Level 2 quotes ? If so, who offers tenth...
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    Over educated.

    DTN is free for seven days so I'll see by then.
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    Over educated.

    I called the thread "over educated" because after you read all the broker web sites you end up with so much hype and sales pitch, you end up with more junk than fact in your head. Wish there was a law that made companies present fact, rather than white lies. Thanks for the replys, I'm trying...
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    Goodbye to Daytrading

    I've been in it for 6 months, and could not agree more. I lost big the first 5 months, learned from my mistakes, and 1 month after that have a 15 percent profit over my start up balance, and looking to add on more. Nows not the time to give up, you've almost turned the corner. Good luck.
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    Over educated.

    My head hurts from the brokerage BS. I have been trading for 6 months, took a 30 percent bath the first 5 months on my stock choices. In the last month I got my act together and I'm 15 percent to the good on my cash start-up. 2 to 4 trades a day (5,000 to 10,000 shares per trade.) Looking to...
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