MM/SP knows Day Traders????????

[Banjo]

Here's an info page that one of the guys on these boards put together from his own experiece.http://www.pricepatterns.com/

 

[Free Thinker]

LU, MOT, ORCL, TLAB, WCOM, XOXO, CSCO, etc.

man every one is a dog.maybe try to buy stocks that earn money would help.

 

[Thug_Life]

<i>Electronic Day Trading --- David S. Nassar
Rules of the Trade -- David S. Nassar</i>

Yet another satisfied customer

 

[stock777]

Someone posted that the MM's were not out to get you.

What market are YOU trading?

 

[Motas]

Stock777:

NASDAQ

 

[Ashe]

70k in a month? either you are a millionaire who doesn't care about money, or you are delusional. You must have been making serious bucks to lose 70k in a couple of weeks. Some of that psychology will be with you for years...

...fortunately I don't believe you...I'd think the last thing anyone would do after losing 70k would come on to a posting site and say, umm....jee whiz, I lost 70k in a month, can someone help me?

toodles,

 

[Motas]

Ashe:

It is 6 months not one month.


Looking for answers will always help.



Thanks

 

[Fitz]

...after all, this is EliteTrader.

 

[macal425]

"Wondering if this is just some big joke going on here....
...after all, this is EliteTrader."

Was thinking the same thing myself. Maybe TraderX has suddenly went bearish on us.

 

[Rigel]

If your for real then a standard piece of advice is "Never risk more than 1% to 2% of your portfolio on any one position.". For a beginner it should be way less, maybe 1/2%. For a $100k account 1/2% risk would be 200 shares x $2.50/share or 500 shares x $1.00/share, and this would be Maximum. 7000 shares x $10/share is "unwise".