Recent content by pbylina

Have a nice weekend too!

What options does one need? The first 2? What about the 'totalview'?

It helps a lot thanks. I didnt know that about the ECNs. Sneaky bas...'s.:) O, so the ratio is determined by Nasdaq? Do you think its ok to trade a $5 stock? (I know Ickow said he only trades stocks between $30-$70, but thats kinda expensive for a newbie.) O and I noticed that on my time and...

In the level 2 do you only want to see Market Makers and hide ECN's? Is my level 2 set up right? I dont see goldman sachs or morgan stanley. On the level 2 quantity column there is only numbers like 4, 2, 1...Is that in thousands of shares?(4 = 4,000 shares). On the tape under size it shows 100...

Does a person need 25K to daytrade like this? I read if you make more than 4 trades in 5 days you are a pattern day trader and you need to have 25k account.

Thanks for the video. Very inspirational. There is an article about him, its really good. Have you read it?:Steven Ickow - Black Box Trader

Where do I start... 1. What's the best platform for stock trading using level 2 and the tape? You use eSignal platform and datafeed? Can you use ninjatrader? 2. What is the best stock broker? Interactive?

Yeah, I dont get it. Since its 1/10 the cantract value then commission should be 1/10.

I have a couple of questions: 1. Since spread trading is relying on the widening or narrowing of a spread, stop losses on each leg are not practical? Rather one should exit with a loss manually if the spread widens too much when we are betting that it will narrow? 2. What time-frames are...

No, it is a good post and about the subject. What is your staking plan? Adding contracts to winning trades? Isnt it called scaling in? Does it not work if your trading 1 contract? Does someone need atleast 3 contracts to do it? Whats your edge?

So obviously I would go with the 80%. But something doesnt make sense. Now if I add an extra edge such as tape reading, does the 80% go up to 90%?

Thank you. This is what I was looking for. To increase win rate I should go with the trend. Even it only gets me to 55% win rate I will still be making money correct? I just have to accept the fact that there will be drawdowns right? I read a good article here. Psychology: Thinking in terms of...

Whats a good trading site?

If it doesnt matter what size the stop loss is then should we not use one? I heard pros dont use stop losses...

Thats what I thought. At 50% your profit is 0. How does someone get over that 50% ?