Nasdaq below 1200 in 6 months.
If there are no ECNs on the inside, then the prints are where the real market is. If there are ECNs on the inside, if the print is small, then...
Since 90% of the business is psychological, I believe the statistically best trading system may not neccessarily the best system. For more, read...
Please don't scare Hitman away from this board. His trading journal is one of the best threads and is my daily read. Stop all this right now.
I trade 10-min candles, and observe the average candle size before the breakdown, usually I only short the breakdowns from a low-volatility...
Sharing a bit of my personal experience here.. In Oct. '99 a major gap down in one of my core holdings froze my trading capital for months,...
a penny saved is a penny earned
You don't need it.. Always short into squeeze. If you chase, you will get murdered.
Instead of (Hi-Lo), I used to scan for P/e > 50.. the inflated ones tends to be more volatile. Hope that helps.
Recently the posts on this board have been quite firey, seems everybody is frustrated by the summer duldrom? lol. Chill off. September is only...
Just my personal experience.. I tried NYSE trading during the period when IB had stop order problems, I traded liquid names with daily volume of...
HGSI.. this baby is trendy. PDLI also, but a bit wider in spreads.
It probably doesnt matter if you include pre/post market data or not, because BS like stoch. simply dont work. For intraday plays it's better to...
Alex, I recommend Josh Lukeman's "Market Maker's Edge" if you haven't read it. It certainly turned my trading around, was doing so-so before,...
fake reversals at 11am, 12pm, and 1:10pm.. you would be whipsawed to the YingYang if you tried to go with the reversals and try to hold to EOD or...
To answer Yoda's question, the key is the low-volatility pockets before the break out.. if you see a stock makes new intraday hi/lo, look at the...
For the past 2-3 weeks I have been using NAZ stops with bEST_ECN routing, and the verdict is they work reasonably fine. About half of them are...
The stuff I do is based on break out/break down actually. The simple fact is, for a stock to move from 50 to 55 intraday, it has to go through 51...
I am sure there are successful traders scalping heavily based on L2, and I am talking about those making 100+ trades a day. With any holding...
well, maybe not selling directly into break out, but when you get confirmation that the b/o or b/d failed, you can bet there are plenty of traders...
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