Comments on Fully Stocked: The Dark Side of Day Trading Stocks

are there any garauntees in life though? everythin...

2009-05-05T10:52:00.000-07:00

are there any garauntees in life though? everything is a choice and/or gamble how ever you look at it,

Knappador,I don't seem to understand why traders u...

2009-04-02T01:25:00.000-07:00

Knappador,

I don't seem to understand why traders use sophisticated software that supposedly tell them how a stock may look in the future - any type of news can change that in an instant. I'm sure there are many other factors involved, but it seems to me that the news plays a big role in the stock market fluctuation.

Daytrading...If you look at every move of a market...

2009-04-01T18:33:00.000-07:00

Daytrading...If you look at every move of a market, day-trading is like trying to connect every single ladder and arrange them all end-to-end. Problem is that the market just isn't predictable at the fine scale except for pure technical moves. But pure technical moves on the fine scale are very weak and easily overpowered by a big news day. A market move can completely destroy your trading plan.

I have never day-traded except for option expirations, and even those are tricky. I do like watching intraday charts though. Really gives a sense of the day-to-day mechanics taking shape from little tiny movements accumulating through individual orders slapping each other around.