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IV Stockmarket Gurus

Group Created by pappu

This group will help people looking to discuss and seek guidance in stock markets etc

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  1. GC_Applicant
    01-26-2009 01:18 AM - permalink
    GC_Applicant
    Definitely Chintu., I am thinking about opening an account with 5K. If you bring in more can we get it to $5/trade. I heard from one of the pro traders that he got a deal fro $5, but am I sure he trades big amount.
  2. chintu25
    01-25-2009 08:53 PM - permalink
    chintu25
    yeah GCA ...Got a better deal ...6/trade but am now negotiating funding amount ...They are asking for 25k ....I am haggling for 5k lets see how it goes ...I should have an answer by Tomm....

    Lemme know if you are interested too .so we may bargain better saying We will open multiple accounts
  3. GC_Applicant
    01-25-2009 06:40 PM - permalink
    GC_Applicant
    Were you able secure the $7 deal with Schwab.., if so were there any strings attached. I am far away from trading., but want get it in the pipeline.
  4. chintu25
    01-25-2009 12:49 PM - permalink
    chintu25


    Thats the whole trick ...I have a few scans that I am trying to plot on TDAMertireade and Scott. But the results are not consistent ...SF forums do have some interesting filters but I advise you to tread cautiously...IMO try using platforms that are independent of brokerages .......Trade station is a paid tool but v impressive...I my self am using Trade Navigator by Genesis Financials...it costs approx 130 a month but I find it most comfortable to work on. Nevertheless...I have used CommandCenter 2.0 and Strategy desk...both offered by TDM ..they r good but way too complex...why to unnecessarily increase confusion but yeah you do save a few bucks there on subscription

    Another bit I like on Command Center is the pattern Matching ....V useful for Day traders and short term investors...I will discuss the Pattern Matching in the next chat session. It is interesting way of trading without worrying about any complex charts or even filters or scans....

    Let me know if there are any other questions I may answer and I will try to do it .

    Capre Diem
    Chintu
  5. GC_Applicant
    01-24-2009 11:37 PM - permalink
    GC_Applicant
    Hi Chintu,

    I'm getting my feet wet, may be soaked. I see that TRO's work uses TradeStation which is a paid platform. Need your help on:
    1. BZ, MTC and the scans
    2. How to use them on other trading platforms like TOS, TDA etc.,

    Thx
  6. GC_Applicant
    01-24-2009 01:12 PM - permalink
    GC_Applicant
    Stock Trading is dangerous and its very easy to loose everything, including your undergarments


    Books
    Any one starting out must read a lot. I would suggest:
    1. Come into my Trading Room- By Elder. eBook:
    http://www.4shared.com/file/26362749...ading.html?s=1
    2. The Equity Trader Course- By Schwartz
    3. Trading and Exchanges: Market Microstructure for Practitioners- By Harris

    For those of you a little sophisticated:
    4. Volatility Trading- By Sinclair or By Johannes
    5. The Options course- By Fontanills
    6. Bible of Option trading- By Guy
    7. Quantitative Trading- By Chan
    8. Technical analysis of financial markets-by Murphy
    9. The Psychology of Trading by Brett Steenbarger

    Online Resources
    1. StockFetcher.com Forums.
    http://forums.stockfetcher.com/sffor...19355&fid=1001
    2. Read the "NEVER LOSE AGAIN!!" thread by TheRumpledOne a.k.a TRO. My favorite.
    3. stockbee.blogspot.com
    4. marketjedi.blogspot.com
    5. filteringwallstreet - this is discontinued but has good info -he has a simple plan of 4/8/21 ma crossover
    6. ibankcoin.com -fly and woodshedder are good there
    7. stocktwits - very good for day traders
    8. elitetrader.com -forum for traders.
    9. Playlist: The InformedTrades.com Basics of Trading Video Course
    http://www.youtube.com/view_play_lis...D0C18CDEBF64B7

    Some trading strategies
    1. Average Daily Range, 30 day, $1 - $5
    2. 4/8/21 crosover

    Trading Platforms
    thinkorswim.com, paperMoney. Here you can practice real-time trading in paper, without actually using your money.

    Miscellaneous links
    Informed Trades, Forex Trading Video
    http://www.youtube.com/user/InformedTrades?ob=1
    Jim Cramer talks about how he manipulated the stock
    http://www.youtube.com/watch?v=gMShFx5rThI

    This is just a compilation from previous posts. I will keep updating it regularly. Thanks to all the contributors, very special thanks to Chintu.
  7. chintu25
    01-23-2009 09:56 PM - permalink
    chintu25
    I have posted Options trading basics lesson from CME on the forum
  8. chintu25
    01-22-2009 10:56 PM - permalink
    chintu25
    Transcripts of the CHAT SESSIONS are added on the blogs section. Thanks
  9. chintu25
    01-22-2009 09:08 PM - permalink
    chintu25
    yeah GC App it did break the resistance yesterday
  10. chintu25
    01-22-2009 08:44 PM - permalink
    chintu25
    Ok guys I am on at the messenger from IV

    Room name is

    tradersfortraders

    Passwrd is

    traders

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