just put MERQ on my 'never touch' list... look at the intraday chart today, so many 'sucker' set ups.
I trade NAZ exclusively these days, I don't even have L2 feed. It's totally useless. Just get yourself a 5min chart, and trade in the same...
Intraday, use 5min compx chart, look for trend reversal, and make sure you are on the same side of the overall trend, i.e., the trend on daily and...
Hope you keep the winning streak going Hitman, knew from another thread that you are Chinese also.. it's in our blood isn't it? Anyway, from...
With a fullp-time job and trading as a hobby for 2nd income, I never had to endure as much pressure as a pro trader does... do feel lucky though...
NQ is far better a daytrading vehicle than QQQ, great liquidity, instant executions, and narrower spread than QQQ emini vs. stocks: mini can...
IMO, there is no real advantage to be able to short on a town tick, nowadays with the decimalized pricing, there are plenty of upticks on the way...
There is no free lunch on Wall Street.
route to ECN, buy on ASK, sell on BID, and for shorts, only on uptick BID. There you have a realistic paper result.
One simple solution to this for now: Quit stock trading, start playing emini.
if you only route to ECNs during demo trading, then your real trading results will be comparable to your paper results... assuming if emotion is...
P2, I read from your postings that you do a few k shares per position... how long does it take you to build up the share size? I have been...
Most people feel the cumbersomeness when starting out with IB, but once you get used to it, it is one of the best (if not the best) order routing...
If you feel discouraged about losing, be prepared, because a trader will experience EVERY possible way to lose money before he can be successful....
Thanks def for your reply... somehow Knyyt and I got the impression that a 'dedicated line' meant T1. If a 64k line is OK, then certainly cost is...
NiteOwl, I have also talked to the people at ZAP, yeah, their commission is too high. Also, I know some folks at smartfutures.net, Their lowest...
By automatic I mean basically system trading with order entries done by programs. You will need a broker who offers API (application programming...
def, if you can offer CTCI without a dedicated line, please let me know.. so far this has been the show stopper for me to put up the dough for...
Why even bother pressing the bid, you won't get filled anyway.. The proper way is to short into rallies/squeezes, there you can even put an offer...
not sure about that, just trade the most liquid stocks, so there is almost always an ECN at or around the inside.
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