Stock777: Candle is right on the money. You can determine momentum on the NASDAQ from the prints, but there's a lot less to work with...
I really think the best way to practice reading the tape is to pick a small/mid cap stock that trades about 200,000 - 400,000 shares a day and...
One thing I want to add is to be careful on playing the first move when a large print occurs at the high of the stock. Yes it often works well...
III. Tape Reading Interpreting the tape can seem very difficult and overwhelming at times, but it gets a little easier with practice. The...
One final note on openings - when an institution is buying or selling a stock the trader does not give the whole order to the Specialist on the...
II. The Specialist What is the Specialist's motivation? Most of us see the Specialist as some evil guy who's sitting on a 10,000 share sell...
There is a poster here whose signature reads "Trade what you see, not what you think." That is my favorite quote. Did you ever see a perfect...
I. Think Like an Institution Like everything else in life, we tend to see things in our own image, and we try to explain things by using our...
Thought I would start things off by sharing some of the things I have learned through my own experiences, and how it might apply to daytrading the...
Stock: The fact that you feel responsible tells me that you have a good deal of maturity and an admirable personality. I highly doubt that you...
Hitman: From your experience in sector trading, if the futures are in a downtrend and the sector index is in a downtrend (or just broke through...
The symbol is: $TICK I believe all of the indices begin with a $. If you're in a chart, and you don't know the symbol of an index, just...
For me it depends on what my stop is based on. For my "system trading" I use a stop based on the volatility of the stock (usually about 1% of the...
Samtrader: Generally, in those liquid stocks you are talking about, the market maker will print the customer on nice round lots like 10m, 25m...
Nic - you crack me up
Ivy: Because "prestigious" firms tend to hire Ivy League graduates is in no way proof that they are more likely to be successful. Of the...
GATrader: Looking at a "snapshot" of one moment in time of a stock's bid and ask is probably not enough info to make an informed judgement....
It's funny when you're just speaking of something and then it happens... I was short CSCO at 17.13 for about an hour. For an overall down day,...
Eldredge: No analyst will ever give notice as to their intentions of initiating coverage and/or changing their rating or earnings predictions....
Rtharp is correct. Once you terminate your employment with a firm, the NASD is notified and you become inactive. You will then be sent a copy of...
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