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Re: Don post# 23520

Wednesday, 03/12/2008 7:00:50 PM

Wednesday, March 12, 2008 7:00:50 PM

Post# of 137480
E*Turd Pro is what I am using right now.

I just discontinued my Alphatrade account a couple weeks ago.

I prefer having acces to two level two's, I have had it happen where one broker/outfit loses the feeds coming in from New York and then you are blind. Having two level two's minimizes that particular risk.

I also run a real time chart almost always on what ever the hot play of the moment is. I run the Bollinger Bands on the price part, Accumulation/Distribution and volume mostly. Sometimes I feel a "little frisky" and add other components. These are extremely short time frame charts not to be confused with the longer term/trends charts the University people are using. I run in 1 minute, up it to 3 minute, and check 5 minute and 15 minute increments occasionally. I use those short term charts to try to confirm what level 2 is showing me.

I should make it clear, I am not an investor. I am a "trader", I don't day trade too often anymore. But I am not in a stock more than a couple/few weeks usually.

As big as my profits can be short term trading sometimes, the risks are very, very high also. You can lose it just as fast too.

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