I studied market profile with Jim Dalton and Pete Steidlmayer in the late 1980's, but I was not making money with it. Then I got interested in it...
The biggest advantage of trading with the specialist is guaranteed execution (..at a price). If you're trading odd lots, that shouldn't matter much.
It has already been pointed out that your risk control (i.e. stop loss) is faulty, so I won't repeat. That's probably the most important mistake....
I like the ROC (ratio of price now to price some period ago) because, with ratios, I can directly compare two different instruments. I can also...
I do scalping, and I have found volatility to be the most important factor. I think NYSE stocks are harder to scalp, because you are competing...
When to trade full-time is varies by individual. I am unmarried and willing to live frugally, which makes surviving the lean times much easier....
Yahoo!Groups has an excellent discussion, with free code in the files section: http://groups.yahoo.com/group/TWSAPI/
Trade more size -- then you won't sleep a wink.:D
It depends on how you time your entry. Most people who buy pullbacks try to buy as price resumes moving in the direction of the trend. It's not...
I just got a quote for ES at 1116.25. The value of one contract at that price is $55812.50. With a margin requirement of $3399, the leverage is...
This is my understanding too. However, I believe that it is possible to sponsor oneself. I think you would need a Series 24. Can anybody fill...
Try this one: http://groups.yahoo.com/group/OISiliconValley/
The e-minis are seductive because of good liquidity, good leverage, ease of going short, and favorable tax treatment. Unfortunately, they are a...
I have been doing it that way too. So far, the IRS has not objected. I have heard that the IRS prefers not to get the detail, and I heard of one...
I have a similar problem, except that instead of Incredifind, I am directed to http://search.msn.com/dnserror.aspx?FORM=DNSAS&q=[URL goes here]....
I automatically save upgrade, downgrade, and install files, plus my TWS settings, each time IB comes out with a new build. It's not that hard...
IB's tech support is uneven -- some good, some bad. Their commmission rates are pretty good. Mostly I like their API.
Build 818.5 is reportedly the one causing problems. You can get a downgrade at the IB Web site.
I use IB, and I have not had any problems. I have read on other boards that the latest build is causing lockups. I recommend downgrading to an...
I just checked IB's short list, and it's running about 2500 for Nasdaq and 2600 for NYSE. I don't know how often they update it. It's about the...
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