Geez...I was actually bored enough to read this entire thread. downtick...I was in the same position as you not too long ago. I was a nasdaq scalper who saw edge disappear with decimals. It basically took me a year to develop a strategy that works in this market. You are heading in the right direction by trading listed. Forget about nasdaq....there's not much money left there...now it's someone else's game (mm's). Also, are you trading retail? If so, why? Trading only requires a small edge, and you should be acepting every edge possible in this market...especially if you are at a crossroad.
You are still not getting the point. Even if they have plenty to add, they will not add to the conversation you want to have for reasons I already mentioned. Who said they are not tough in real life, dude? I benched 320 pounds when I was 15 (weighing 186 myself) Cheap shot. Some people may seem to be the way you are describing. But in most cases they send those hard-ass comments if the thread is rediculous to start with. In a way, you asked for it. I have an example to show you why what you are asking won't generate much of a response you are looking for. We had a famous academic researcher present one of her market microstructure papers a while ago, she was saying that when they got the data from one of the pro firms, they only gave it under the condition that one of the PhDs that works for them doesn't see the trades data. Why? B/c there's a chance he may figure out what the strategy was based on T/S alone. Talk about being secretive.
I don't scalp nasdaq anymore. I scalp NYSE now and I also trend trade both. Nasdaq stocks still have good intaday trends, although choppy. There is still good money there just not so much in the micro time frame of scalping. I like the ablitliy in nasdaq stocks to limit risk becasue most of the higher volume nasdaq stocks still have tight spreads than I find on many NYSE stocks. I need to get better at weeding out the noise of the ecns and Level 2 when I am in a trade. However Vinny1 has found away to scalp them pretty well so I guess there is no absolutes in trading. I trade thru a sub LLC and probably have some of the lowest rates available except for gross money traders and liquidity traders. However thanks for the suggestions.
people have been trying to discuss this, and have attempted to help - every time they do you start whining about how you need more.... what would you have them tell you? "go long at exactly 10:41 and 1:27 on Mondays and Thursdays on odd days of the month, and only when the 14th bar is above the 3rd but below the 9th, the john smith oscillator is at 1.3348674225, and take profits at .43, cut losses at .11"? seems like every fundamental of trading has been discussed here - trends, money mgt, position sizing, sentiment, maxims, etc., etc., and that everyone interprets and combines these elements individually. I don't see what more anyone can tell you.
don't see how it has anything to do with insecurity, moron. I was just answering an uncalled-for claim by downtick that some puny little joes were presumably talking sh#t to him only b/c they were hiding behind their screens and how they'd be @#$@#$ afraid of him otherwise. What a joke. THAT was the lowest of lows. PS By the way, I can't wait until you two just switch to PMing each other. Finally peace and rest would come back to ET . Unless you two flood either other's inboxes so much that the server freezes....
As it turns out I have got a few private messages so I have started to have the conversation I wanted to have. Many did not think it was a crazy topic as you thought. Maybe you need to change your thought pattern. I said the weightlifting comment in jest. It is kind of funny you took it as an opportunity to tell people how much you bench press. While your bragging can you tell us how much your curl and leg press? What about your IQ scores? Are you a type A,B,C, or D personality type. About your academic example of above. Just because it happened does not mean it was a correct response from the trader. I traded with a group of traders that were all secretive about their trading. Now they can't make a dime. The dumb thing is they do not have a network of people to bounce ideas off of though. I guess they will keep waiting until the market changes back to the way they were trading. Does not sound like a very good plan to me but to each their own.