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  1. Are there places that record high/lows for premarket values of stocks
  2. I will try out their 14 day-free trial and see I am able to see what I am looking for.. I am watching one option and I wanted to see how it normally behaves on expiration day. I am not even looking for tick by tick. I just want to look back at the stock price, market conditions for that day and the Open/Close for the option for that day... I am truly hoping I can find that out with Optionetics... It would be well worth the $1000 annual subscription
  3. Once an Option has expire, are there ways to see the historical quote information?
  4. I dont know if this helps or even makes sense to anyone besides myself.. The way I deal with fear is similar to how I deal with stress.. with stress, I usually identify what the stressor is and why exactly it's a stressor.. i.e. My boss is about to enter my office.. Why does that make my heart skip a few beats and has me worried? Come to think of it, it's because he/she has the power to evaluate my performance which can affect my promotion or he/she has the power to maybe even fire me... Once I make up my mind that I dont care if I lose my job and that I will do my performance, while the chip fall where they may... My boss walking into my office is not a stressor anymore.. My limbic system has disassociated fear from my a person's decision to walk into my office.. I think my method is akin to taking away the fear and worry from a particular action by accepting that if the unthinkable happens, I'm ready to deal with it.. With trading, my only fear is Losing Money.. The way I deal with this fear is accepting that losing money is part of the process.. That it's simply a matter of you lose some and win some.. Where the goal is that you win more than you lose.. And taking away what losing money is associated with.. i.e. That it can affect your ability to provide for self and family... What I do is make sure that I'm properly funded as opposed to being under funded.. That way I know I dont have to take crazy long-shot risks.. Also, I make sure to use trading as my secondary source of income as opposed to the primary source.. I know I am not good with the intellectual description of things.. But what I practice seems to work for me in that it takes away my fears.. There's not that deep anxiety and panic when a trade initially goes against you... Nor are you frozen when it comes time to pull the trigger and the back of your brain has that memory of a previous lost, which can cause u to hesitate and not enter a winning trade...
  5. The first thing you want to do is determined what and when you want to trade.. The second thing you need to do is understand that trading is not a hobby, not a get rich quick scheme (even though the potential for great profits exist).. You have to understand that trading is a Business, just like any other business.. If you cant set aside the time to trade and the time it takes to learn to trade, dont bother putting real money into it.. Say for example you want to trade between the hours of 8am - 5pm, You need to have that time slot free and available... The third thing and most important I think is to Not give up your Primary job or source of income... Trading should be your secondary source of income... There's more to say... But I suggest you digest these few things first..
  6. It's one thing to say not to have fear or to not let fear cripple you, but it's another thing altogether on how you go about conquering that fear in order to trade.. I think that's where it gets tricky for a lot of people is what's causing this fear and if this fear is well founded or if there's no cause for having fear... Most people fear things, because they perceive a negative outcome from something.. It's actually akin to that old adage: "Once bitten, twice feared" So if a trader is losing trades because they fear or worry about pulling the trigger or coming out of a trade too soon, then they simply need to work on their methods or they simply need to trade with money they can afford to lose (the distinction is money they can afford to lose, not money they can lose) If traders depend on their trading profits to maintain their livelihood, there's a greater chance that they wont be able to execute their trades having to bear the burden of not being able to provide for self and family if they are on the wrong side of a trade... Whereas if you trade with money that you dont need to maintain your livelihood, there's a greater chance that you will have more flexibility in executing your trades as the burden of a bad trade wont weigh so heavily... To me it's one thing to tell traders not to fear and another thing to discover what's causing their fear and to tackle that..
  7. My only input is to say that before deciding on a mentor/coach, you have to do your best to know what you don't know. I know it sounds like a complicated phrase, but it's really not.. Since these mentors/coach charge a fee, you have to know what you are in search of in order to get the most for your money and time.. It's like going to a professor for extra help.. If you go there not having studied the topic, it's rather hard for you to maximize your time with him as you wont know what questions to ask or what's worth asking about... So in essence, there are things that any trader can learn on their own and I'm of the firm belief that there are things that only experience and "successful" traders can teach.. Some people (through years of trading) pick up the right methodologies and that's what as trader looking for a mentor should be trying to pick up... Just a heads up to not waste money on things that you can learn yourself.. Take the time and get your hands dirty trading (even if simulated) before enlisting the help of a mentor/coach.. That way, you will know what to ask, what to focus on and maybe save money...
  8. If you want to daytrade, I suggest trading the emini or currencies. Here is a free trade room Im in. Its free and they make the trade calls. You just shadow their trades.


    2009 August | Live Forex Trade Room - Compass FX


    They have alot of free webinars to help you learn to trade also. Compassfx is actually a introducing broker so its in their best interest to make sure you learn to trade if you have an account with them. If you go to the forum, you won't be disappointed. You'll learn alot just by listening to Ronnie, the head trader. Hope this helps.



  9. As a beginner myself, I think the best advice I can give to you is to HAVE A SECONDARY SOURCE OF INCOME and USE MONEY THAT YOU CAN AFFORD TO LOSE... sorry for the caps, but I really wanted to stress those things to you... I dont think I need to elaborate on it, but I will.. When you are relaxed and dont need potential trading profits in order to survive, you will be more lucid and calm in your approach to trading and thus reducing mistakes, reducing what I call the "gambling factor". Putting too much of your account at risk or making highly risky (i.e great potential reward) trades.. Also with using money you can afford to lose, you wont freeze up and get mentally devastated after a few losses.. Secondary to that is before you get any nifty charts, or pay for anything, get your feet wet trading using REAL money.. albeit a small amount and get a feel for the price action, real-time, real money trading situations... And it's then and only then, should you know what you NEED or may have to pay for as a tool for your trading business... Write down and keep meticulous records of everything you do.. Including things like why you entered a trade and how you felt after you entered or how you felt while you were in the trade and the trade was either successful or not... Trading is a gradual process where experience, mental state, character under pressure and knowledge mix to make you a successful trader.. You MUST BELIEVE that you will be successful at this.. Otherwise, do not even attempt it.. DO YOUR BEST to steer clear of people that tell you that "majority of other traders fail and thus you may fail as well" That kind of thinking will already put you at a disadvantage that will subconsciously have you believing that you too, wont be successful at this.. Please, make sure you know all these things BEFORE you pay for anything or invest any substantial amount of money into trading... Of course, I feel the need to say it so people wont get confused... That goes along with all the other things that you would naturally do.. i.e. reading books, attending seminars, getting a mentor.. etc.. etc.. Just offering my 2 cents.. Take it with a grain of salt as I'm also a beginner and havent made any substantial amount of money trading...
  10. I'm a beginner and wanted to start with a 5k account and I was interested in getting info. on which stocks are good for day trading with a 5k account plus 5k margin = 10k I'm trying to stay away from penny stocks and was looking for a stock that has high volume, high daily price action and not too expensive.. I am trying to learn things now, by using a virtual trading platform and some a little shared knowledge from more experienced and successful traders would be welcomed.
  11. How much did you pay for a mentor? As of now, I dont know a thing about trading, but I dove straight into the market with less than 2k. I would love to make trading a real business.
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