Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Harry Ehrlich who wrote (1119)	11/22/1997 7:33:00 PM
From: TFF	Read Replies (1) \| Respond to of 12617

I personally would not daytrade a stock that has an average volume of 50,000 shares a day. The market makers have it all over you. If a stock typically maintains a wide spread with good volatility and trades 200,000+ shares per day I would consider daytrading it. Is it a typically volatile stock? What is the number of shares outstanding? 400,000 share may make for good liquidity on a given day, but that liquidity can dry up pretty quick if things cool down. Daytrading is much different than position trading and does not leave much room for error. My advice is stick with VERY large, VERY liquid stocks.

To: Harry Ehrlich who wrote (1119)	11/22/1997 8:54:00 PM
From: funk	Respond to of 12617

www.tucows.com is a wonderful site for software downloads. I thought any number of you might be interested in the free and almost free software that allows MULTIPLE computers to access the internet on ONE phone line, one isp, one set of charges a month. While I'm sure this isn't news to everyone, perhaps someone will find it useful. Currently I am WAY under powered in my trading set up. As I have only been at it twelve weeks. I hate to mention names, but I want to make sure NO ONE is under the impression that I know a funkin' thing about daytrading. Somebody may have gotten the wrong idea about me. I am getting ready to gear up a more robust trading system and so I am researching hardware and software thoroughly now. I can also report that Atfi just had some price cuts. There base service is $75/month and alot cheaper if you buy a year in advance...Level two costs another $20 and the $50 Nasdaq fee...so 145/mo. The fancy service is now $225. This is in no way an endorsement from me. I need to look into SPcomstock and take a second look at watley as well, and then there is cybertrader. I said I was going to lurk. And maybe I will....but it really is not my nature to leave myself out of a process. I would much rather contribute...if I could. I am promising you that pretty soon I am going to share one very WILD tale about daytrading and losses. However I am not ready yet to spill my guts, mostly because I dread ADVISE. It makes me ill and seems to only add to my confusion. So when I have gotten to a spot where professionals and wisemen can't shake my feeble shreds of confidence...I will tell you quite a story. Until then it is nobody's business, but my own...but pretty soon the folks that want to read about blood and guts are gonna get an eye full. Happy ending or sad there is a story to tell. Here is a teaser...the morning of comeback tuesday my wife and I had to tool over to the brokerage before the bell and cut a serious sized check to avoid a possible margin call. That was exciting and educational! AE Cheers! FIRST FUN...THEN MONEY...