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 : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: snerd who wrote (7034)	1/30/1999 10:43:00 PM
From: bluejeans	Read Replies (1) \| Respond to of 56535

That may work with a slow moving stock. Careful using it in fast market conditions. The 1/8 loss will not work. For practice, see if you can catch any of the internet stocks just by watching the Level II. Usually when they move, 30 seconds would be more than any 1/8 point. Fast market conditions and slow internet connections will bite you one of these days. Good luck Monday and hope you win.

To: snerd who wrote (7034)	1/30/1999 11:17:00 PM
From: zora	Respond to of 56535

Snerd & All, I use CyberTrader software which prints alerts if the price of the trade goes against you by whatever fraction you preset. I don't know how people can daytrader without the proper tools. Its like asking a mechanic to fix your car with only a screw driver. I pay $250 a month plus commission but save that and more by better executions. L2 is a must if you daytrade. Why give the MMs any more advantage than they already have? CyberTrader isn't the only L2 broker by any means, so check them all out and decide for yourself what kind of decision making tools you want to use. zora