Eddie Z

4240 i3-3220 benchmark score 3067 Intel Core2 Q8300 benchmark score 7500 Minimum benchmark needed for trading Do not purchase either system 1823 Video benchmark of 650gtx 2144 Video benchmark of 7770 Both are actually overkill for trading....but very good for high end gaming

Very well said. If something keeps happening over and over, it is worth understanding where it comes from and in order to do that, analysis is definetely needed. As we all know, trading can become so emotional that a lot of times old behaviors and beliefs need to changed and that takes work and repetition!

I concentrate on equities. I have a system and only follow the stocks that fit my criteria, which could be several at the same time.

What system do you use to trade stocks? Any stock suggestion will really depend on the system you use. What I see might not match your criteria since your system might follow different entry and exit rules/

I totally disagree with that statement. Trading is not like any other job. The skills needed to master trading go beyond what they can teach at any Business School. Of course you will have to understand math but the most important thing a trader will need is the "discipline" to be able to follow the rules and the trading plan.

The i3-3220 is about 33% faster with a cpu benchmark score of 4300...however, the bear minimum benchmark score you want for trading is 7500! ... This means you need an Intel Core i7....not an i3..... On the videocards the 7770 is marginally better, however both are gaming cards and are overkill for trading.... My recommendation is that you spend more on the processor and less on the video cards...

:frustrated: It is good to know that we all have our buffers or ways to let go. Choosing a healthy escape is definetely the goal. It is very important to watch our emotions regarless of what they are at any given moment. By doing so, instead of just reacting we can get in touch with what really is happening inside. Whereas this is euphoria or frustration, all these emotions come from our human condition reacting to triggers. The market can awaken all kinds of feelings that we did not even know we had, so watching and analyzing them is vital for growth and better trading.

If its a market order, they pay whatever the market price on whatever shares are available at the time...if there are no shares available they will autmatically bid it up.. Big players are smarter than to put a market order in....they usually will hand the order to a trader and say "Buy all you can below X price"...so that the trader has some room to work and not run the price up...

If you had integrity with yourself and your trading then you will be at peace, if not, there will be for sure a feeling of discomfort. Following a trading plan and your own rules is essential to keep yourself balanced in and out of trading. There is nothing more important than to be able to say to yourself: I did what I said I was going to do. Discipline is key!

Virtual Private Servers & Cloud Servers are essentially computers located somewhere else...usually in a server farm in a big city...Some people advise traders to install their trading software on a VPS closer to the exchange in order to get better executions...The truth is that nearly all of the VPS & Cloud Servers are SHARED...which means that you will be sharing the servers resources (CPU, hard drives & transmission hardware) with what could be dozens or 100s of other users! If another user is taxing the server, you could be out of luck! Most of the servers on server farms these days are middle to lower end machines, (many of which are refurbished) with older processors that server farms can buy in bulk...Sadly the chance of getting better executions is overshadowed by this truth...Unless you have 100's of thousands of dollars to buy your own hardware, pay someone to maintain it and a location to rent next to the exchange server, you won't see any benefit.....and even if you were able to afford it the benefit received would be questionable at best.....

Very interesting point. I feel that whatever you believe is, then it is true for you. With this I mean that if there is a particular belief that you have due to religious or politcal views, these beliefs will become your reality. In other words, it is not really up to the religion, it is up to what you truly feel connected with. If for example, you feel that making money is evil (for example) then, every time you make money you will feel guilty. I guess, people can be religious but deep down they choose what reality they identify with and what they choose to believe in. In conclusion, I dont think it is the religion that determines a behavior but what the person truly believes in and feels coneected with.

I think discipline is a HUGE factor in trading. Obviously knowing and mastering a system is a must but no system without discipline can really work. So I will definetely say that discipline is extremely important to become succesful in trading. The markets have no mercy so it is up to the trader to recognize this and act accordingly. This can only be accomplished with rules and discipline.

Hello, I have heard that rescuetime.com is really good. I have not personally used it. I am still getting help from outlook reminders but I dont think you are just looking for that. I hope this helps!

Very interesting! How do you take them>? and it what form?

I dont think Day trading is dead. I feel it has evolved over the years and has become automated. Even if people use robots, nobody will ever be able to replace the human insight and understanding that we can gain by watching the markets every day. As we all know the market is a pool of human emotions and reactions at any given moment. Day trading is the best way to truly learn how to control your emotions and how to react at any given trading moment.