Day Trading 1.29 Part 1 Live Stock Trading

http://www.todaytrader.com. Online trading or stock day trading is best to learn by watching live videos. My name is Steve Gomez. My partner Andy Lindloff and I are day trading for a living Learn from our winners and also our mistakes from the trading day. Trading from home can be done using software that has Level 2 data and charts. Charting is essential for day trading. Consider a day trading mentor if you are serious about successful trading.

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[dleun]

Great vid, I like the way you test the market by using small bids and offers and seeing how fast they're taken up. Did you originally get that from livermore in reminiscences of a stock operator?

[sgomez858]

In a sense yes, Andy and I have diuscussed this and I recall that was Livermore's style 100 years ago. GOOD POINT.

[tradingbr]

why dont you use limit orders through edgex since the rebate is bigger

[sgomez858]

Because they tend to be the last ECN taken at a given price level. EDGX is good for Market orders though.

[pimplife2069]

why does that LRP always say 999

[sgomez858]

He is advertising to buy or sell 100,000 shares. The level 2 system only goes to 999. Many times that advertised order in pulled away by them so you can't count on it.

[StockTradingMaster]

Good video

[mimidudu700]

does anybody know what's the name of the programme used on these video ?and what is his broker ?

thanks.

[anthonywho23]

wheres indy mac now lol

[yansen2670]

very good

[gcr1968]

When placing a trade do you enter the stop loss with the order entry, or do you enter it after the trade shows you some direction? (profit or loss) Also what is the max loss you are prepared to take on any given trade?

Thanks.