Recent content by stevem12

Titter yeh not! A man rushes home, bursting through the front door of his house yelling to his wife, "Pack your bags baby, I just won the lottery! All #10,000,000...." "Woooohooo!!!! That's great sweetie" she replies. "Do I pack for the beach or the mountains?" "Who cares", he replies, "Just...

" Nice to see you've been promoting the company you work for, you do work for http://www.alldaytraders.com, don't you?" QTYEWQ, If you look further back on elitetrader you`ll find he was posting months b4 mentioning this firm, I don`t know him or the firm, but we shouldn`t be quick to jump to...

Have a look at http://britefutures.com lot of free stuff there

you could also try www.daytrade4less.com very good customer service

As several people have said before on this site, anyone who has found a reliable method of determining a trend day from a range bound day (other than hindsight) will very quickly become a fiver ahead of Bill. (Gates that is) Me if it breaks out of previous s/r and the first retracement stays...

This sounds like someones done a very small survey and then states that this is so. Did this person ask every single day trader who is successful how much they started with? How would anyone even know who every single successful day trader even is? As for this 97% or 95% or 90% or even 80%...

At last something to do with trading I`ve got right!! :cheesy:

Tyson, just because someone has periods when they break even or lose money, doesn`t mean they aren`t making a good living. There are plenty of traditional businesses that lose money for most of the year, but still turn a profit overall. Generally the shorter your time frame , the...

I trade some YM and some NQ, BUT, and it`s a big but, I`m thinking of looking at Nasdaq stocks and L2. Steve

Shouldn`t you be trading the diamonds :?: :lol: :lol: PS I`m in the capital of this great county of ours ;)

I can see no reason why not, just as long as when day trading the cash you keep the stake small enough to be below the radar of dealers. otherwise we`re back to re-quotes etc. Steve

BD, Try this it helps me, use Daily, hourly, 30 minute, 15 minute and 5 minute to determine s/r for trade, enter trade on 5minute and stop. never look below the time frame you entered on , it`ll only make you jittery. This applies no matter what time frame you use, try looking at a tick...

Depends on whether you were short the pull back or not :D

For most charting software its ES followed by year and month, currently ES04M. :cheesy:

If he`s gonna day trade qqq`s are subject to the PDT $25K rule :frown: