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I know, and paper trading is still just a tool
"mr.ira" wrote:
> It still isn't like landing in a 50 MPH crosswind in a light plane.
>
> ----- Original Message -----
> From: "Dan C" <dan.danc@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Wednesday, May 05, 2004 7:00 AM
> Subject: Re: [RT] Re: DAYTRADING THE QQQs
>
> > One can learn to avoid a lot of mistakes on a flight simulator though and
> the
> > loss of control will not kill you.
> >
> > mjs720 wrote:
> >
> > > Hello Charles,
> > >
> > > I'm inclined to offer up a different view of paper trading. You can
> > > read about flying an airplane all day long. You can go to all of the
> > > ground schooling that is offered. You can spend days talking to people
> > > who fly and ask all of the questions. That will in no way help you
> > > when it is time for you to climb behind the stick/wheel of that plane
> > > and fly it. No different with paper trading. Until you actually place
> > > your real trade you wont discover what most of us have discovered. The
> > > issue is not your system...it is you. 90% of trading is dealing with
> > > your own psychology/experiences when taking a real risk.
> > >
> > > Your true training starts with puting on real trades with real bucks at
> > > risk.
> > >
> > > At sometime any system all systems experience downturns...losses of
> > > real dollars. What will be formost at that moment is the question what
> > > will you do?
> > >
> > > Tuesday, May 4, 2004, 7:28:59 PM, you wrote:
> > >
> > > CM> Thank you all............chas
> > > CM> ----- Original Message -----
> > > CM> From: rascal22dog
> > > CM> To: realtraders@xxxxxxxxxxxxxxx
> > > CM> Sent: Tuesday, May 04, 2004 5:45 PM
> > > CM> Subject: [RT] Re: DAYTRADING THE QQQs
> > >
> > > CM> Chas,
> > > CM> The purpose of papertrading is to see whether the system/approach
> you
> > > CM> are using is working and whether you can place the trades properly
> > > CM> and efficiently. You will need everything to paper trade that you
> > > CM> will need for "live" trading. So, while the previous post is a
> > > CM> little brusque, it is correct. Start with education and determine
> > > CM> what time-frame, style, etc. of trading suits you. Then develop a
> > > CM> system/approach and try it out by papertrading.
> > >
> > > CM> Good luck.
> > >
> > > CM> --- In realtraders@xxxxxxxxxxxxxxx, "Charles Meyer" <chaze@xxxx>
> > > CM> wrote:
> > > CM> > Group-
> > > CM> >
> > > CM> > I apologize for this dumb question; but could someone provide me
> > > CM> direction and guidance on how to get started daytrading the QQQs?
> > > CM> The issues I'm concerned with are:
> > > CM> >
> > > CM> > * Learning to Paper Trade
> > > CM> > * Brokers
> > > CM> > * Automated Trading Platforms (automatic order entry systems)
> > > CM> >
> > > CM> > I've seen info about some of the many Interactive Broker third
> > > CM> party add ons such as: bracket trader, autotrader, buttontrader,
> > > CM> ninjatrader, tradingsimulation. To further complicate matters;
> IB
> > > CM> also has their own automated trading platform; Trader Work
> Station.
> > > CM> >
> > > CM> > Can someone please chime in on what is necessary to just get
> > > CM> started paper trading?
> > > CM> >
> > > CM> > Thank you for the favor of your valued replies.
> > > CM> >
> > > CM> > Chas
> > > CM> > ===
> > > CM> Yahoo! Groups Links
> > > --
> > > Thank you,
> > > MS
> > >
> > >
> > >
> > > Yahoo! Groups Links
> > >
> > >
> > >
> > >
> >
> >
> >
> >
> >
> > Yahoo! Groups Links
> >
> >
> >
> >
>
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>
> Yahoo! Groups Links
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>
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