Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

Well actually I do trade somewhere else sometimes until 12:00 sometimes twice a day. We have a shared "in house" trading platform with the T1 connections that holds up to 20 traders about 9 miles from here. I like the cameraderie and the fact that these folks all bring their own trading capital but about 7 of us have our own services for pay. Some are educators, book authors who hold seminars, others are LLC, one has a newsletter service like mine but its just scalping, etc. At this point I find it a conflict of interest to post all my trades there and they themselves are shooting for me to host a real-time room, but I did it once for Pristine (they post about 13 to 18 official trades a day that are documented) and I find its boring to spend hours in a room when I make my own few trades in the morning and then again in late afternoon using charted watch lists as "maps"

The daytraders there can and do make 30 or more trades a day for about $.25 to $0.50 or even less (sometimes $0.10) but it adds up nicely. These are professional scalpers and daytraders and I don't want to emulate them but that is what a real-time trading room should do. There are no 'shoulda, coulda, wouldas' there. If you can manage only 1-3 trades a day, a newsletter service with intraday updates at key intervals is plenty.