This forum is being created to provide an online discussion area for traders interested in scalping and swingtrading stocks. The three moderators/traders (Steve, Deron, and Ed) hosting this thread are the founders and General Partners of Intraday Investments, a new, unique (launched April 2001) online trading education center. During every trading day, you can watch us trade live in our real-time, multimedia trading room. We explain the rationale behind each trading entry/exit, and answer all questions posted throughout the trading day.
Deron and Ed are professional Hedge Fund managers. Steve ("PaloAlto Trader") is a long-time Si contributor who's heritage (and trading style/tutorials) is found in his many posts on Eric's Patterson's "Daytrading Fundamentals" thread (most of the tutorials were mid-99). All three founding partners have extensive experience in real-time trading & moderation (per Bio's on our website).
Why start this thread? As hedge fund managers and hands-on traders we enjoy educating and working with other investors and traders in all the necessary aspects of stock and options trading, including money management, the psychology of trading, technical analysis, trade selection and management, etc. Each of us currently trades for a living, and we offer clients the opportunity to learn how to emulate our existing short-term trading and investing styles through our services.
In our philosophy, there is no room in an online, live trading education center for hype, front-running, or other such inapproriate and/or unethical practices that can easily be found on the Internet. If you are looking for a "get rich quick" scenario, an "ultimate" trading system, or even to just blindly follow our stock picks without understanding the reasons for the trade, then our services are probably not for you. However, if you are looking to become a well-educated, self-sufficient trader armed with the proper psychology and technical skills necessary for success, then we feel you will be a good fit with us, you may find our services to be intriguing and useful.
We'll post our trading results from our real-time scalp & swing-trade service at the end of every day, along with market commentary and trading methodology explanations.
In our trading room, in addition to scrolling interactive text, we deliver audio commentary from 9:00AM to 5:00PM (EDT). One of the unique features of our trading room is the graphics that we post throughout the trading session (usually annotated charts) as a real-time instructional tool.
Only two major rules for this thread:
1. Keep it cordial please! We are friendly and accomodating to all levels/types of posts and questions regarding the intraday and overnight (swing) trading of stocks; please maintain the same kind of professional attitude. No diatribes or 'big argument exchanges', please. Everyone is entitled to their opinion, please respect it. Posts that are blatantly made with a hostile and/or argumentative intention, or that clearly indicate some sort of psychological dysfunction on the part of the poster (confirmed by their posting history), will simply be ignored (yes, that means you, you trouble-makers ;).
2. Any legitimate question about our trades, trading style, or any trading matter are all fair game on this thread. However, no hyping of thinly-traded stocks! We avoid discussing or trading stocks with an average daily share volume below 400,000 shares.
We hope you find the discussions here to be useful in your trading! |
