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Hello RealTraders,
Do any members on this list routinely trade 50,000 shares a
day?
That's frenetic! (For me anyway.)
I was exposed to a refreshing look at a completely different
style of trading this week-end.
I was at a Bright Trading (hosted by Investor Awareness
http://www.investoraware.com/ ) seminar
this week-end. I was there with Joe DiNapoli to talk
about using the Internet for trading research, and
Fibonacci techniques.
What struck me is that many attendee's never look at a
price chart! Never! A moving average is a complicated concept
to many attendees!
It appears that the successful traders who trade
such high volume at Bright Trading are very good at tape-reading
without a chart. They are able to execute a high volume of trades
based on their confidence of a price-move without a
larger time-frame perspective. Very impressive (but not for me).
I'm interested to know if any/many Technical Analysis traders
trade such high volumes. Anyone on this list? There are
financial incentives to trade such high volumes at Bright.
Bright Trading looks like a trader dream, they provide
DOT machines for fast execution and very fast quote
service, and you trade their money (up to $1,000,000
with your $25,000 deposit).
Any Bright Traders on this list? I'd be interested to
hear your experiences, discuss your techniques etc.
-Neal.
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