learning curve from trading listed to nasdaq

Discussion in 'Trading' started by manuptrader, Oct 7, 2005.

  1. Anyone have experience with trading lower volume Nasdaq stocks? I trade listed stocks with avg volume of around 200k-1.5 mil shares because its easier to read the tape. I always wonder if Nasdaq stocks with that kind of avg volume can be read the same way.
     
    #21     Oct 8, 2005
  2. I hate to say it, but that basically describes me.
     
    #22     Oct 9, 2005
  3. Lower volume nasdaq stocks make more sense, but if their range and volume expand beyond normal, they will attract more short-term players within minutes. All of a sudden there is no more flow, and lots of noise.
     
    #23     Oct 9, 2005
  4. There's gotta be someone out there who scalps the Nasdaq??
     
    #24     Oct 10, 2005
  5. ==========
    Cant comment on scalping since almost all of mine
    is swing trading -investing;
    but this concrete example may help your trading anyway,perhaps.

    While I have swing traded MSFT /related not to long ago, fine ;
    have to be more careful,MSFT trends more sloppy than NYSE.
    meaning when you have to cut a loss, can easily be more.

    And a swing trader may like the larger % gains of NasdaQQQQ;
    NYSE usually has precision others dont , even swingtrading.


    :cool:

    Market Makers Edge is quite helpful,book, by Joshua Lukeman;
    but mainly things like multimonth charts, other stuff.
     
    #25     Oct 10, 2005
  6. There's thousands. And sometimes the Nasdaq scalps them,

    What's the big mystery.

    They run em up, they run em down, and at times so arbitrarily that no system could predict it.

    And other times its candy. If you have the stones to trade at high speed all day, then its fine.
     
    #26     Oct 10, 2005
  7. i personally dont trade any NASDAQ stocks. I use tape reading exclusively on the NYSE and trully havent even looked at if NASDAQ stocks could be traded profitably this way.

    Anyone else see similarities between listed and Naz when tape reading?
     
    #27     Oct 10, 2005
  8. I've been tradng all day, at "high speed" for over seven years. I haven't touched the nasdaq in over 3 yrs. How come no real live nasdaq SCALPERS are speaking up?
     
    #28     Oct 11, 2005
  9. No time
     
    #29     Oct 12, 2005