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You can come to www.marketwise and see for yourself... In fact I just finished an online event. Here is what I did so far today trading w/ small size in order to demonstrate how those with less capital trade as well. PS Positive attitudes get positive results. :)

Sure...my Mom liked it to!

Don, I think you did a good job at your first show. It was refreshing to meet with traders such as your brother, Mark, Cash and others. I especially enjoyed listening to your brother since we seem to have a similar trading style. I also believe in specializing in a few sectors and...

Dattrader, What a great post. This is what makes you a good trader. It is in fact still gambling! What's to like. So...I agree, the best bet is to not bet at all!

Magna, "Magna Carta (Mag·na Car·ta or Mag·na Char·ta Pronunciation Key (mgn kärt) A document or piece of legislation that serves as a guarantee of basic rights. " (dictionary.com) Please Bless my visit to the land of Lost Wages with the power of thy "guarantee and basic right"...

mbg, The offer stands. Whenever you can get a "hall pass" from your wife! lol I don't know what it is...why do guys have such a hard time talking their wives into letting them go to cool places like Denver? I have the same problem. I'm at the Las Vegas Money Show next week and...

Mbg and other interested parties, I read your post and your correct, I was out of the office, so let me apologize for that first off. As far as the TA course, it is difficult to know how much knowledge you had regarding technical trading, but given your stated experience the course seemed to...

As promised, here is the completion of my trade on the AMGN idea I presented at the start of this thread. I suggest for educational value, you read each post and the accompanying chart to see how and way the trade was made. I will highlight a trade like this each month as its own thread title...

AAAinthe beltway, I trade like a Specialist or market maker in a big stock, meaning I focus on only a few stocks at a time. I don't jump around the market much at all. I trade biotech and Semi's the most by far. I'll trade technology and internet when they are the recipient of money flow...

I traded the market long in the morning with an intraday swing strategy in mind. I traded small (3000 shares) and covered everything early due to news (home sales and Greenspan). The market is very sensitive to economic level news right now. This is a good sign of a market turn (bullish or...

I want to update where I am in this play and offer some words of caution. AMGN has held up well relative to the sector, and I am still trading the stock long intraday with tight stops waiting for a breakout through the ascending triangle I highlighted at the beginning of the tread. I'll post...

Darth, That's a good question. More attention needs directed to daily charts. As you can see, I use daily bars a lot. As far as the time frames I measure, I use the intraday set at 5 days with 2 min. bars while daytrading , but use the 225, 120, 90, 60, 30, 10 daily for all analysis I do...

mbg I don't think the 4 day course is for you. I don't want anyone taking a course they don't need, and while I am sure you would benefit from the 4-day, it is most likely too basic for your experience level. Regarding the T/A course. You let us know when you are coming (if you decide to )...

Today's daytrades. They are in .doc format since I couldn't get all the orders on one page. They are time stamped eastern thanks to MarkCohen's advise setting up the RealTick OES corectly. Thanks Mark. Note: I post these trades since I like to teach by doing. I feel if an idea is to...

See my last post before this and view the attachment. As expected, AMGN is running into resistance, hence time to cover the longs today. I'll be back tomorrow or later tonight with tomorrows analysis. I hope this stuff helps... :) PS The next post will show my day trades today.

Glad to hear that! here is an update. This trade worked well. See attachment. traders can expect resistance at 58.95 or so. Take profits before then. Disclaimer. This is for educational purposes and not a recommendation. Traders and readers make their own decisions with no...

Tight trading range. Still scalping for now. AMGN held a key support level indicating the bulls are strong. The Bio-tech's are getting hurt agin, yet AMGN holds up well. Remember, trade what you see, not what you believe. Today is an example of where I was bullish on Bio-Tech going in but...

Rule: never buy and intraday new low. It will usually come in more and give you a chance to buy it cheaper. This is an example of buying weakness into a bullish trend which I believe AMGN is starting.

I seems to work great. Thanks everyone for the help. AMGN is still choppy but holding support at 57.70 or so. I am day trading around these levels until we break the 200 MA (5 day/2 min chart) at 58.10. Then I'll lean heavier and more aggressive. In the mean time, I'll keep day trading...

Magna, That was easy. Thank you very much for the advise.