I am not a Gann 'expert', but I'll toss in my two cents for what it's worth. I have never been a believer in any of Gann's methods because...
That's a tough situation. You are looking at a ~10% spread. If you must get out NOW, the only way to be sure of an exit is to get out NOW, by...
Lancer, Looks good, but I'd prefer a multimonitor setup. Do you know if that model comes with a multimonitor option? lol -Eric
I thought I'd be the first to give this answer, which likely fits many successful traders. My only training was reading books and the school of...
Contrary traders, such as myself, specifically look for opportunities to trade 'noise'. For example, assume that a stock is moving within a...
That's the one! Thanks. -Eric
The worst thing I've seen on CNBC was that interview with the internet CEO that was naked... At least from what you could see on camera. The guy...
Amen! I haven't listened to CNBC during the trading day in years. I don't find any value in it at all. If it gets really slow during the...
I use two 21" monitors... But I do have flat-panel envy... -Eric
I am trying to recall the current holding time required for US long-term capital gains tax treatment versus short-term gains. It used to be a...
It's a shame that the NYSE could not or would not allow electronic cancels from the book. With electronic cancels, NYSE Direct becomes a viable...
You might try calling Brown to see if/how you can specify to have your orders routed only to NYSE. I was a Brown customer about 5 years ago (when...
When you go high bid on an ECN... Your probably jump in front of others by one cent, right? Well, what goes around comes around! :) They've...
I completely agree that successul trading can be limited by fear, especially fear of losses, which can prevent a trader from increasing their...
This is misleading data. ISLD's market share in Nasdaq has continued to grow and they remain the #1 ECN. The data put out by Nasdaq shows a...
Amen. -Eric
There is no doubting that other careers can be stressful, just like trading. However, when was the last time you ever LOST $5000 on a bad day...
This may be true for a majority of traders. However, I think it is naive to say that the successful traders are 'very lucky people' any more than...
Leland, Great topic for a thread. I think the main obstacles limiting the profits of successful daytraders are as follows: 1) Liquidity....
I've been using a satellite AT Financial feed for a year now, with VERY little reliability problems. I would say that the feed goes down for a...
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