MILKING THE COWS

[tmanbone]

Are you trading the buy zone? If so which cow? Where's Stockbridge? I'm in Ringgold. Walmart's calling, back later.

[Milpower]

I'm looking at which cow to trade ($100+ cows are not going to make enough for me if I can only buy 400 shares or so (esp. when considering roundturn costs).

Stockbridge is just south of ATL...I'm 2 hours from you (maybe you want to do some tutoring?).

[TygerKrane]

Milpower,
Some of the Cows are actually Penny-Increment Options. No Pattern Day Trader regulations apply to options. If you don't understand what I'm getting at:

1. [highlight=lightgray]Holding options are exponentially cheaper than the actual stock[/highlight]
2. [highlight=lightgray]Penny-Increment means they are extremely liquid and so their value changes almost penny-by-penny with the actual stock movement[/highlight]
3. [highlight=lightgray]You get your money back next day, not after a three-day clearing period[/highlight]
4. [highlight=lightgray]You gain the ability to short stocks and ETFs without having a $25,000 account[/highlight]

This could be a possible route if $100+ per share is too hefty for you.

But it sounds like you have a margin account, so I guess #3 doesn't apply to you, and you already get your money back as soon as you close out your trades...

~Krane

[tmanbone]

You could consider stock index futures also.

https://www.thinkorswim.com/tos/display ... rmat=hide#

click futures, stock index Check out the market cast chatroom on TOS, click the listen box for the S&P pit squawk. Some talented traders here if you can overlook the BS. The Elliot room has some talented traders in it too. Beware of indicatoritis.

[TheRumpledOne]

TOP 20 COWS AS OF NOV 28, 2010

GOOG
AAPL
FFIV
NFLX
AMZN
FSLR
WYNN
BIDU
CREE
CTXS
JOYG
BUCY
VECO
APKT
RIMM
CSTR
AKAM
DECK
SINA
CTSH

[Milpower]

Thank you TOR, TygerKrane, and tmanbone for your help and insight.

TK, I like where you are goin' Do you happen to know which cows are PIOs?

tman, I accepted your Skype request. Contact me anytime.

[tmanbone]

WYNN is penny increment .10 spreads. In TOS go your trade tab, all products, type in ticker. The options will populate. Be careful with these.

[Milpower]

I'm going to trade RIMM using BZ. Am working on another option to compound my gains.

[TheRumpledOne]

I have a FREE www.paltalk.com chatroom called the two percent club. We can chat there.

1) Run PalTalk
2) click on ALL ROOMS
3) click on BUSINESS & FINANCE
4) click on Day Traders
5) click on TWO PERCENT CLUB


If you have trouble finding it, just pm me, therumpledone, from PalTalk and I will invite you in.

[Nimo_jr_btf]

Anyone still milking the cows?

I am getting mixed results with the daily and hourly buy zone with aapl.

Daily buy zone works great, but aapl only have 1 or 2 daily buy zone opportunities. Sometimes you can let it run and take a dollar, sometimes you take 5 cents.

I get frustrated with the lack of opportunities with the daily bz lol (mostly because I feel like there are many opportunities outside the daily bz that I am missing)...so I've been trying the hourly buy zone, but with inconsistent results.

Anyone in the same boat?