Feb
25
pandastockpicks wrote:
daytrading info day trade daytrade aaple and rimm
Feb
17
thermal1 wrote:
Technical analysis of the stock market and individual stocks including QQQQ, SPY, IWM, LNUX, MENT, MIKR, OTD, NGAS, IFO SNDK, CRM, and GYI. Ideas for daytrading and swingtraders, trend analysis for longs and short sellers.
Feb
17
harveywalsh wrote:
Harvey Walsh of http://www.daytradingfreedom.com trades Nasdaq and NYSE stocks live. See how to make money daytrading, January 15th 2008.
Search Engine Placement
Feb
15
Would this stock daytrading method work?
Filed Under Investing | 4 Comments
newyorkchess2005 wrote:
I was gonna get a real time quote service on the OTC and pink sheet stocks.
I was gonna get a real time quote service on the OTC and pink sheet stocks.
I was gonna check the highest % gainers from start of market. Read up on news on why they may be up and then buy shares and sell them a few hours later. I can get all this info live so their won’t be much delay from the time I read to buying shares.
Would this work? I wanted to make only about $50 a week.
Come on guys. anyone actually try it instead of just giving me joke answers?
Not all of them go up on pump and dump. I said I was talking about the ones with news that came out on them.
How to Lose Weight
Feb
15
wrack ‘n’ ruin wrote:
Without saying “insider trading,” which connotes unlawful trades on nonpublic information, how do you call normal, lawful trades by directors and officers of publicly traded issuers?
Without saying “insider trading,” which connotes unlawful trades on nonpublic information, how do you call normal, lawful trades by directors and officers of publicly traded issuers?
Feb
10
Things not to Do and Use When Daytrading
Filed Under Finance | Leave a Comment
Larry Swing wrote:
Daytrading is a very difficult endeavor for anyone who’s tried it. Those who go through it day after day will agree that everyday is different and that each day requires maximum attention. The end of each trading day leaves the daytraders exhausted. But not only does it take stamina, endurance, high degree of concentration and focus, there are other factors that make a daytrader a special breed apart from other types of traders. Every tick or second counts. Precision and personal discipline makes the difference between a loss and a profit. Not everyone is cut out to be a successful trader. In fact, 95% of daytraders fail eventually. But here are a summary of what NOT to do that can help further enhance his chances of surviving the daytrading jungle.
1.Do not discard or discount money management. This is the single most important rule. Using sound money management can lengthen the trading career. The longer his trading longevity, the higher his chances of becoming successful. Success requires experience and experience requires time. Using money management is buying time to become profitable in the long run.
2.Do not start trading without a trading plan or a well-tested profitable strategy. A well-thought, well-researched trading discipline helps maintain control and focus to trader properly and not panic.
3.Ego is NOT money. Using ego to trade is tossing money the window. Ego and money cannot co-existence in the markets. Never have, never will.
4.Do not be distracted with news. News creates emotional states: hysteria, euphoria, panic. These states of mind will not help trading. News does move the market but trading the markets is more profitable than trading the news.
5.Do not be distracted by the surroundings. Absolute focus is a must. Outside distractions and interruptions will negate the trader from receiving the steady flow of market information.
6.Do not count the money before the trade is closed. This is a newbie mistake where money is the reason he becomes a trader. Money is the least important factor in becoming successful. Focus on the market and not the money, market will reward accordingly.
7.Do not be tempted in entering trades that look too good to be true. There are days when the markets seem so easy to take money from the market. Those are the days that ego and feeling of invincibility that will precede the next losing streak.
8.Do not let the market dictate the mood. Gap ups and gap downs and quick moves up or down can create a false sense of who’s in control and direction. Careful with these sentiments because the opposite direction may just be around the corner. Professionals wait for confirmation before joining in the euphoria or panic.
9.Do not be bored or angry if there are no setups. There are days when the biggest accounts dry up are those trendless, low volume days. Watch for them and stay away from them.
10.Do not think that today is the same as yesterday or any other day. No day is alike. If he believes it is, then the bias has been ****** into his mind, creating a setup for a losing day.
11.Do not forget to use the stop loss orders immediately upon entry. Stops are the life jackets to save the trader from himself and the markets. Stops will help him stay safe to trade another, the one that may take his equity higher. No single trade should be a show stopper.
12.Do not think the market is an easy place to make money, even when it does look like it. Take everyday as a new day without remembering the previous days. Complacency is the enemy of profitability down the road.
13.Do not follow opinions and calls in newsrooms, chat rooms or forums without doing your own research. These are biases that will lead to losses or worse, the trader paid and learned nothing from them.
There are countless important rules but these are the most pertinent in getting the trader started in thinking and preparing for the world of daytrading. This type of trading is probably one of the most difficult anyone has ever tried, even more stressful than being a CEO of a big corporation because personal defects and shortcomings will be exposed immediately and the process of becoming successful is a road full of self development and self examination that will be painful. Finding self, a successful strategy and physical and mental stamina will be a long journey. But the reward carries an enormous satisfaction when the objective is finally within reach.
How to Lose Weight
Daytrading is a very difficult endeavor for anyone who’s tried it. Those who go through it day after day will agree that everyday is different and that each day requires maximum attention. The end of each trading day leaves the daytraders exhausted. But not only does it take stamina, endurance, high degree of concentration and focus, there are other factors that make a daytrader a special breed apart from other types of traders. Every tick or second counts. Precision and personal discipline makes the difference between a loss and a profit. Not everyone is cut out to be a successful trader. In fact, 95% of daytraders fail eventually. But here are a summary of what NOT to do that can help further enhance his chances of surviving the daytrading jungle.
1.Do not discard or discount money management. This is the single most important rule. Using sound money management can lengthen the trading career. The longer his trading longevity, the higher his chances of becoming successful. Success requires experience and experience requires time. Using money management is buying time to become profitable in the long run.
2.Do not start trading without a trading plan or a well-tested profitable strategy. A well-thought, well-researched trading discipline helps maintain control and focus to trader properly and not panic.
3.Ego is NOT money. Using ego to trade is tossing money the window. Ego and money cannot co-existence in the markets. Never have, never will.
4.Do not be distracted with news. News creates emotional states: hysteria, euphoria, panic. These states of mind will not help trading. News does move the market but trading the markets is more profitable than trading the news.
5.Do not be distracted by the surroundings. Absolute focus is a must. Outside distractions and interruptions will negate the trader from receiving the steady flow of market information.
6.Do not count the money before the trade is closed. This is a newbie mistake where money is the reason he becomes a trader. Money is the least important factor in becoming successful. Focus on the market and not the money, market will reward accordingly.
7.Do not be tempted in entering trades that look too good to be true. There are days when the markets seem so easy to take money from the market. Those are the days that ego and feeling of invincibility that will precede the next losing streak.
8.Do not let the market dictate the mood. Gap ups and gap downs and quick moves up or down can create a false sense of who’s in control and direction. Careful with these sentiments because the opposite direction may just be around the corner. Professionals wait for confirmation before joining in the euphoria or panic.
9.Do not be bored or angry if there are no setups. There are days when the biggest accounts dry up are those trendless, low volume days. Watch for them and stay away from them.
10.Do not think that today is the same as yesterday or any other day. No day is alike. If he believes it is, then the bias has been ****** into his mind, creating a setup for a losing day.
11.Do not forget to use the stop loss orders immediately upon entry. Stops are the life jackets to save the trader from himself and the markets. Stops will help him stay safe to trade another, the one that may take his equity higher. No single trade should be a show stopper.
12.Do not think the market is an easy place to make money, even when it does look like it. Take everyday as a new day without remembering the previous days. Complacency is the enemy of profitability down the road.
13.Do not follow opinions and calls in newsrooms, chat rooms or forums without doing your own research. These are biases that will lead to losses or worse, the trader paid and learned nothing from them.
There are countless important rules but these are the most pertinent in getting the trader started in thinking and preparing for the world of daytrading. This type of trading is probably one of the most difficult anyone has ever tried, even more stressful than being a CEO of a big corporation because personal defects and shortcomings will be exposed immediately and the process of becoming successful is a road full of self development and self examination that will be painful. Finding self, a successful strategy and physical and mental stamina will be a long journey. But the reward carries an enormous satisfaction when the objective is finally within reach.
How to Lose Weight
Feb
7
Watch Me Day Trade Live 10-25 Part1
Filed Under Howto | 5 Comments
sgomez858 wrote:
Live online day trading in real time. Watch and learn from this video as I demonstrate tips and strategies during the trading day. I don’t use a trading system. I trade discretionary setups using software filters and Technical Analysis. How to best day trade for small consistent profits is my goal for this video tutorial. The information I give is for education only. Daytrading for a living is not easy. It is something that takes much training.
Online Dating
Feb
7
Michael Gentleman wrote:
Trade size is an important factor in your trading performance.Typically a percentage of your asset size is selected with 1 to 2 % of total equity representing the highest to avoid massive drawdowns. Setting a loss per trade for your trades is very important but it is just the beginning of the story. How to analyze stops can make or break your trading performance. Some traders use a volatility filter or chart analysis.They both can play a role but don’t ignore the most obvious source of stop analysis. Past trades can be a goldmine of valuable information.
Analyzing your past trades can lead to immediate rewards in better performance. The first step is to gather the information. The easiest method is to keep the bar data for the length of the trade. From this data we can pull out the trade performance parameters. The most important involve time and price. The price data yields the extremes of profitability. The maximum profitability is called the maximum favorable excursion(MFE). The maximum unprofitrablilty is the maximum adverse excursion(MAE). Creating an excel database of these parameters can help in overall system performance.
The MAE is the most important factor in the stop analysis process. The first step is to isolate the winning trades from the losing trades. This will yield the goldmine. Winning trades will have a much lower average MAE than the losing trades. This may not seem that important. But ,one of your goals in trading is to maximize winners and cut losses. Find the maximum MAE of the winners. For example, my breakout system in the crude oil has a max MAE of 50 cents. My average loss was 75 cents. I can now use this parameter to set my stop. I can lower my stop to this new parameter. Placing a stop 50 cents away from my entry will not effect my winning trades but will lower the average loss on my losing trades. My average loss will go down to the new stop loss of 50 cents. This has raised my winning expectancy by lowering my average loss while maintaining my winning trade percentage. It will lead to lower drawdowns as well.
Analyzing past trade performance is the first step in improving your trading results. The results can be dramatic. Always strive to lower average losses and raise winning percentage and average wins. These factors determine your net profitability.
Online Business
Trade size is an important factor in your trading performance.Typically a percentage of your asset size is selected with 1 to 2 % of total equity representing the highest to avoid massive drawdowns. Setting a loss per trade for your trades is very important but it is just the beginning of the story. How to analyze stops can make or break your trading performance. Some traders use a volatility filter or chart analysis.They both can play a role but don’t ignore the most obvious source of stop analysis. Past trades can be a goldmine of valuable information.
Analyzing your past trades can lead to immediate rewards in better performance. The first step is to gather the information. The easiest method is to keep the bar data for the length of the trade. From this data we can pull out the trade performance parameters. The most important involve time and price. The price data yields the extremes of profitability. The maximum profitability is called the maximum favorable excursion(MFE). The maximum unprofitrablilty is the maximum adverse excursion(MAE). Creating an excel database of these parameters can help in overall system performance.
The MAE is the most important factor in the stop analysis process. The first step is to isolate the winning trades from the losing trades. This will yield the goldmine. Winning trades will have a much lower average MAE than the losing trades. This may not seem that important. But ,one of your goals in trading is to maximize winners and cut losses. Find the maximum MAE of the winners. For example, my breakout system in the crude oil has a max MAE of 50 cents. My average loss was 75 cents. I can now use this parameter to set my stop. I can lower my stop to this new parameter. Placing a stop 50 cents away from my entry will not effect my winning trades but will lower the average loss on my losing trades. My average loss will go down to the new stop loss of 50 cents. This has raised my winning expectancy by lowering my average loss while maintaining my winning trade percentage. It will lead to lower drawdowns as well.
Analyzing past trade performance is the first step in improving your trading results. The results can be dramatic. Always strive to lower average losses and raise winning percentage and average wins. These factors determine your net profitability.
Online Business
Feb
6
Learn Discount Daytrading
Filed Under Day Trading | Leave a Comment
Barbara Cohen wrote:
People who want to get into daytrading often say, “I want to learn daytrading but I don’t have the funds necessary to meet the daytrading requirements. Remember daytrading stocks requires a minimum of $25,000 in your account.
In today’s world, with foreclosures at an all time highest ever, with the unemployment rate skyrocketing, etc., coming up with $25,000 can be a huge amount of money.
Hmmmmm……
Well, there is a way for you to be part of the daytrading world without having $25,000 in your account. You can learn to daytrade E-Mini Futures. E-Mini daytrading allows you to open an account with as little as $2,500. And you can daytrade with just $500. What stock could you daytrade for $500 (since you have to buy 100 shares)?
Daytrading the E-Mini S&P 500:
The E-Mini S&P 500 is known as a Future. It trades in “Contracts” instead of shares. The E-Mini S&P 500 Future symbol is “ES”. The E-Mini S&P 500 Future is like daytrading all of the top 500 stocks that make up the S&P 500 Index at once, with just 1 chart. The E-Mini S&P 500 Future trends up and down matching the S&P 500 Index.
To buy 1 E-Mini S&P 500 contract you will need about $500, depending upon the broker. E-Mini S&P 500 Futures trade on margin. Each broker decides the margin for his customers. Most Futures brokers will let you trade 1 contract for $500. It is always better for you to trade Futures through a Futures broker instead of a broker who primarily trades Stocks and also trades Futures. Futures Brokers provide cheaper commissions and better margin rates.
The E-Mini S&P 500 trades in 25cent increments. Stocks trade in 1cent increments. Each 25cent increment is known
as a tick.
Each Contract trading the E-Mini S&P 500 will make you $12.50 a tick. There are 4 ticks in 1 point. So for every point that the E-Mini S&P 500 Future moves in your favor, you make $50.
Example: Lets say you bought one contract to go long (you want the E-Mini S&P 500 Future to go up), at 1350, if the S&P 500 E-mini does go up to $1350.25, you will make $12.50. It will cost you $500 to trade that one contract.
But you say…$12.50 is not much money. Well…..
If you bought 2 contracts you would make $25. Remember to buy 2 contracts you would need $1000 in your account.
How many contracts can you buy? It depends entirely on your risk model. When you first start daytrading, you
start daytrading on a simulator and not with any real money. Once you are consistently profitable on the simulator,
you start daytrading with 1 contract. It may take 2 or 3 or 4 months. During that time, you gradually move up in the number of contracts you trade.
Instead of going for 1 tick per trade, try 2 ticks per trade. Then even 1 contract pays you $25.
Watch this. Say you trade with 5 contracts, for a total of $2500. And you make 1 trade for 2 ticks. Now
you made $125 on your $2500 investment. That is a 5% return on investment. Not too shabby. The bank pays
you less than 5% annually. Most people in America do not make $125 per day.
Here is the best part. One trade should take you less than 4 minutes of actual trading time. Your elapsed time
in front of the monitor will be longer, but actually in the Market, probably less than 4 minutes.
You can also learn to daytrade the Treasuries that pay $31.25 a tick. You still only need about $500 per contract to trade it. Nice leverage! If you are interested in this kind of daytrading, you should attend a Shadowtraders webinar and see for yourself what E-Mini S&P 500 daytrading is all about.
Hot Music
People who want to get into daytrading often say, “I want to learn daytrading but I don’t have the funds necessary to meet the daytrading requirements. Remember daytrading stocks requires a minimum of $25,000 in your account.
In today’s world, with foreclosures at an all time highest ever, with the unemployment rate skyrocketing, etc., coming up with $25,000 can be a huge amount of money.
Hmmmmm……
Well, there is a way for you to be part of the daytrading world without having $25,000 in your account. You can learn to daytrade E-Mini Futures. E-Mini daytrading allows you to open an account with as little as $2,500. And you can daytrade with just $500. What stock could you daytrade for $500 (since you have to buy 100 shares)?
Daytrading the E-Mini S&P 500:
The E-Mini S&P 500 is known as a Future. It trades in “Contracts” instead of shares. The E-Mini S&P 500 Future symbol is “ES”. The E-Mini S&P 500 Future is like daytrading all of the top 500 stocks that make up the S&P 500 Index at once, with just 1 chart. The E-Mini S&P 500 Future trends up and down matching the S&P 500 Index.
To buy 1 E-Mini S&P 500 contract you will need about $500, depending upon the broker. E-Mini S&P 500 Futures trade on margin. Each broker decides the margin for his customers. Most Futures brokers will let you trade 1 contract for $500. It is always better for you to trade Futures through a Futures broker instead of a broker who primarily trades Stocks and also trades Futures. Futures Brokers provide cheaper commissions and better margin rates.
The E-Mini S&P 500 trades in 25cent increments. Stocks trade in 1cent increments. Each 25cent increment is known
as a tick.
Each Contract trading the E-Mini S&P 500 will make you $12.50 a tick. There are 4 ticks in 1 point. So for every point that the E-Mini S&P 500 Future moves in your favor, you make $50.
Example: Lets say you bought one contract to go long (you want the E-Mini S&P 500 Future to go up), at 1350, if the S&P 500 E-mini does go up to $1350.25, you will make $12.50. It will cost you $500 to trade that one contract.
But you say…$12.50 is not much money. Well…..
If you bought 2 contracts you would make $25. Remember to buy 2 contracts you would need $1000 in your account.
How many contracts can you buy? It depends entirely on your risk model. When you first start daytrading, you
start daytrading on a simulator and not with any real money. Once you are consistently profitable on the simulator,
you start daytrading with 1 contract. It may take 2 or 3 or 4 months. During that time, you gradually move up in the number of contracts you trade.
Instead of going for 1 tick per trade, try 2 ticks per trade. Then even 1 contract pays you $25.
Watch this. Say you trade with 5 contracts, for a total of $2500. And you make 1 trade for 2 ticks. Now
you made $125 on your $2500 investment. That is a 5% return on investment. Not too shabby. The bank pays
you less than 5% annually. Most people in America do not make $125 per day.
Here is the best part. One trade should take you less than 4 minutes of actual trading time. Your elapsed time
in front of the monitor will be longer, but actually in the Market, probably less than 4 minutes.
You can also learn to daytrade the Treasuries that pay $31.25 a tick. You still only need about $500 per contract to trade it. Nice leverage! If you are interested in this kind of daytrading, you should attend a Shadowtraders webinar and see for yourself what E-Mini S&P 500 daytrading is all about.
Hot Music
Feb
5
I have been making 1 to 3 % in the market daily, How can I market my seminar to the largest group?
Filed Under Investing | 4 Comments
Brightstone wrote:
I have an intellectual property that I have been giving a webinar on and would like to reach a large customer base.
I have an intellectual property that I have been giving a webinar on and would like to reach a large customer base.
The emails I have sent have had a great response but now I am looking at having to buy lists and I don’t want to send emails unsolicited.
I have a website going up this week end http://www.daytrading-system.net …and a seminar in los Angeles the following. My question is how to market this without a lot of money for advertising?
Are there any suggestions for user groups? investment groups? We would like to take this around the country. Do you think we could find hosts in cities to work with us?
Any suggestions would be appreciated. We have only marketed organically and have had 60 attendants in 3 seminars. I would really like to push this up higher. The results for the participants have been quite good. Some participants are making more than their social security checks in an hour in the morning.
thanks for your suggestions.
UAV