General 2 part 1
[19:50] lets carry on with newbie questions
[9:51] some one please log this
[19:51] I just have @home 3 days, it's great.
[19:51] we'll do it the same way as last week, ok?
[19:51] lets start with A
[19:51] TM what do you think of GSTRF & LOR for this
week they could blast off literally
[19:51] thanx skayer
[19:51] k
[19:51] no stocks please
[19:51] no hypes
[19:52] i'll shoot... how do u know how tight to put
the stop loss, get taken out then. dammn , back up??
[19:52] no heavy brething
[19:52] wg
[19:52] 4WE ARE IN CHAT RULES MODE NOW NO QUESTIONS TIL
YOUR TURN
[19:52] lol
[19:52] use mental stops
[19:52] hard to do
[19:52] but use mental stops
[19:52] 5 % or less
[19:52] on more stable stocks
[19:52] thx tj
[19:53] hi vea
[19:53] 10 o clock rule?
[19:53] hi
[19:53] We are doing A's
[19:53] good evening all
[19:53] mental stops instead of stop loss
[19:53] any A's apeaking will get kicked
[19:53] ?
[19:53] like last week folks
[19:53] 4Chat rules in effect LAST WARNING
[19:53] starting immediately
[19:53] ONLY A's NOW
[19:53] 1 am rule already covered many times ,, please
go read the wb also Eletronic Daytrader has a good
explanation
[19:53] 10 am rule
[19:54] thnak tj
[19:54] any more A's
[19:54] 1 am rule?
[19:54] 10 am rule
[19:54] yes
[19:54] andi go
[19:54] mentalstop
[19:54] insteadof
[19:54] stop loss
[19:54] on
[19:55] stablestocks
[19:55] mental stop instead of stop loss on nets ,,
using your tolerance level as a guide
[19:55] ok
[19:55] any place,homepage, that shows muliple charts
at once?
[19:55] noppo , but go to our links page
Questions, Same Format as Last Week, wait for your
letter to be called to ask '
[19:56] Ok, B's now
[19:56] Level II that get's TJ discount?
[19:56] www.mt98.com
[19:56] thx
[19:56] can someone op me please
[19:57] thx
[19:57] any more B's?
[19:57] yes
[19:57] hurry up people
[19:57] TJ,havunf trouble understanding
[19:57] me too
[19:57] the rtelationship of s&p futures to
[19:58] S&P
[19:58] what we r doing
[19:58] is like a pulse of a heart patient
[19:58] in this case market
[19:58] futures
[19:58] reflecting
[19:58] demandd and supply
[19:58] stocks, especially tech stocks
[19:58] follow spoos
[19:59] as a trader
[19:59] one should never long
[19:59] going against spoos
[19:59] s&p 500 u mean
[19:59] in a sense
[19:59] spoos is more reflective of the US market than
Dow
[19:59] Dow 30
[19:59] is antiquated
[19:59] always run
[19:59] spoos tick and market tick
[19:59] side by side
[20:00] for the trends
[20:00] as you are trading
[20:00] hi
[20:00] so if spoos r positive go long??
[20:00] yuppo as long as it stays above the last close
[20:00] and vise a versa???
[20:01] we are taking day trading now
[20:01] think i got thx TJ
[20:01] and vis a vis
[20:01] any more B's?
[20:01] Joe, where can we get BOP other than tc2000 (if
anywhere)?
[20:01] what is gggg
[20:01] bop you can also get ir from real tick III
[20:01] ggg is expression
[20:01] acrinym for gee
[20:01] thanks
[20:01] jesus
[20:01] etc
[20:02] not a sy,bol
[20:02] thx
[20:02] symbol
[20:02] what do you think of stochastics?
[20:02] Bs please
[20:02] any more B's?
[20:02] Ok, C's
[20:02] joe, i've been reading the books there are so
many technical indicators, oscillators,systems, which
are the main ones do u use in your stratagy
[20:02] I use 200 dma 9 dma 30 dma and 2 week and 7 day
and 3 day chart
[20:02] Been having trouble finding a good real time
quotes system for Macintosh. To date have only found IQ
chart. Any other available for Mac?
[20:03] also run a volume and price ut on candle stick
[20:03] for break outs
[20:03] 90 dma
[20:03] doing C's now folks
[20:03] use etrade-stay there or go to something that
flows level2 and trading?
[20:03] use e tarde or sch
[20:04] thanks
[20:04] any more C's?
[20:04] to put 90% of your equity
[20:04] hi
[20:04] but if you like try real time trading cos
[20:04] tj - how do you think the nets will do when
infltion hits?
[20:04] but I suggest no more than 50,000 in that
account
[20:04] thanks
[20:04] inflation ?
[20:04] where is it ?
[20:05] lol, ,why worry now
[20:05] interest rate hike?
[20:05] I know but i think 2000 - election year usually
economy da
[20:05] tokyo, any thoughts on schwab?
[20:05] bad sorry
[20:05] let fat lady sing
[20:05] we get killed then
[20:05] no comments
[20:05] only questions
[20:05] for newbgies
[20:05] sorry
[20:05] ok, D's now
[20:05] mtb or who u suggest
[20:05] how do you think new proposed trading hours
will affect am gap?
[20:06] no idea dewwars
[20:06] and it is not 100% for sure yet
[20:06] lets wait
[20:06] why wory now?
[20:06] if one can onlty short on uptick what if
downtcik while my order gets processed?
[20:06] we are only discusing trading tech
[20:06] nuances
[20:06] i gotta go - I hope logging is being done again
tonite and EM'd to everyone - i know i will get kicked
for speaking out of turn, but please LOG and EM. thanks
joe - love the service. worth more than the $100/mo
[20:06] bye
[20:06] and methodology
[20:06] please
[20:06] what do think of AOL?
[20:07] I don't think the Fed is currently in the
position to bup up the prime... world still a bit to
fragile... ;)
[20:07] no friggin stock commetns
[20:07] gggg
[20:07] i bought tpegw days ago,,never owned warrants
before,,why did you suggest the warrants over the stock
in this company?
[20:07] cheap way to play
[20:07] the commons
[20:07] 50 cents vs
[20:07] 2 1/2
[20:07] many people 2 1/2 is rich
[20:07] nved warrants went from
[20:08] 70 cents to 10
[20:08] any different rules to these when it comes to
selling them?
[20:08] same
[20:08] any more D's?
[20:08] buy low sell high
[20:08] Please explain ROFLMAO and rinse...
[20:08] I've ordered the books you recommend, haven't
received them yet. Can you quickly define the gap?
[20:08] control losses
[20:08] gap
[20:08] space
[20:08] dotcom see the web site
[20:08] from low and new high
[20:08] always take the gap
[20:09] dont sit there
[20:09] thinking it will go higher
[20:09] it never does
[20:09] rather it wil fall back and fill the gap
[20:09] you lose
[20:09] greed
[20:09] will cost you the money
[20:09] Is this something to watch for early in the day
? or late?
[20:09] always at open
[20:09] if you had to "make a living playing one stock"
what would it be now?
[20:09] on spoos strong days
[20:09] stocks gap open
[20:09] tj any insight into vcst, selb, nvdc,and mmpt.
would you every cost down if you made the mistake of
marrying a stock
[20:09] bad spoos
[20:10] stocks open weaxk
[20:10] sorry went out of turn
[20:10] Thanks
[20:10] any more D's?
[20:10] Just want to comment and thank Joe for this
forum and his leadership, newbie in awe!
[20:10] Yo
[20:10] Level II
[20:10] reading the spread
[20:10] looking at VERT
[20:10] 2 point spread
[20:10] ask vs bid
[20:10] you mean bad spoos from previous day or at
start?
[20:11] I appreciace your sending your port at end of
week. will you continue?
[20:11] MM all 7 points plus
[20:11] What doees this indicate ?
[20:11] net stocks,, small float,, volatility,,
[20:11] cmgi used be like that too
[20:11] 1 - 2 point spread
[20:11] need more liquidity
[20:11] as more volume comes in spread narrows
[20:12] a narutral progression of growing up
[20:12] needs time
[20:12] nothing you can do
[20:12] take it or leave it
[20:12] Awesome Thx
[20:12] an thsat wehere shorts get creamed
[20:12] need to cover
[20:12] test
[20:12] but ask spread moving away
[20:12] so fast
[20:12] by the time you click your mouse
[20:12] it has moved away 5 points
[20:13] also same
[20:13] when it crashes
[20:13] it falls like Niagra
[20:13] its a man size trade
[20:13] So take the gap, wait for retracing of price,
and look for another opportunity ?
[20:13] newbies shid stay away
[20:13] always
[20:13] any more D's?
[20:13] look for the market tick and spoos
[20:13] tj..when i recieve your em's they run off my
reading screen,,any cure to this
[20:13] all nets stock sfollow these teo conversely
[20:14] go to view
[20:14] font
[20:14] reduce size
[20:14] ok, E's now
[20:14] How did you decide there is too much hype on
tpeg?
[20:14] thanks
[20:14] cyber space
[20:14] yho land
[20:14] etc
[20:14] TM, a money management question: in the book
trading for a living, the author's philosophy stresses
never using more than 2% of your market equity on any
one trade. Any thoughts on that?
[20:14] conjectures on what co will do or not do
[20:15] I agrere e trade
[20:15] for day trade
[20:15] too many positions will leave you volatile as
you have seen with my own trades
[20:15] I was going for 1/2 mil gain
[20:15] instead
[20:15] lost 1/2 mil
[20:15] and lucky to get it back
[20:15] I keep forgeting
[20:15] 20k a day
[20:15] profit
[20:15] How to overcome slow or no fills with selectnet
and arca?
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