You either aren't hitting the bid/offer fast enough or your software isn't good enough. Check out Assent - Hammer/Anvil are both awesome or...
Question: WHY would you hold a long on "Black Friday"? Do you not have a signpost, which tells you that it's a down day - eg, if the down breaks...
Perfectly stated. The original poster who scalps and has a hard time taking losses simply has no strategy. Specifically, no strategy that is...
The difference is that people come here for information. I'd be willing to guess that a solid one-third of the people on this board are still...
Go to the top of this page under Training and choose the section titled, "Path of a Successful Trader" One of the early stages of being a loser...
I don't. I'm a daytrader.
You're not being forthright with us. You either make very little money to begin with, in which case it's believable you blow your wad in one...
To be fair, I think CNBC will always have a monopoly on bald/balding 50yo white male commentators. That's basically "the look" for most...
Thanks for the feedback. I don't really like to execute strategies based upon specific stock correlations as I don't consider myself to be...
Well, I trade SUN, which is in the XOI - which is price-weighted. Ironically, SUN is more highly correlated to stocks in the OSX. So, if I were...
Question regarding trading correlated stocks (this is NOT a pair trading question): Do you think it's better to watch stocks that are highly...
As in life - everything is either an opportunity or it's not. Explains why so many fade the hell out of Cramer's calls. It's just an...
Yea - these firms are notoriously competitive - often founded by former traders from powerhouse prop firms like SIG, SAC, etc. Jane Street...
It's getting kitschy. I think it's part of this whole trading bubble we're in - ala Mad Money and all these retail traders who rush home from the...
Don - that was a decent response. It doesn't matter whether I agree with you or not, I just felt that you needed to address the issues that I...
Goldman moved to Jersey City because the city only gave them a portion of the tax breaks they were insisting on. I doubt you have such a...
Perfectly stated. My first trading job was at Chimera Capital. I was hired with 10 other guys. I was the only white guy - the rest were asians....
I think I'll start a trading firm. The only problem is the trader failure rate and the constant need to recycle these guys. Wait... Maybe if...
It's about how quick and sharp the initial move is and how forcefully it gets faded. Look at your shoe - if you pulled the laces apart really...
You're right in all of this. I had a similar experience at a firm in NYC and realized that scalping does not work. From reading your post, I...
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