Recent content by daytrader117

It would be interesting to hear him anyway. He did say he HAD ethics, just that he would speak on them. Good job, if you can get it. Although, I hope he's speaking for free. I believe the courts ruled that you can't profit from crimes, including books (speaking fees?).....

I'll take any subsidy I can get. I've been subsidizing everyone else forever, why not.

Lots of individual investors sold at lows due to panic. Great opportunity for institutions to buy. They're the ones doing quite well. Remember, the market buys in anticipation of good news--not what is going on now. It's a leading indicator.

You sound anti-capitalist. Yes, they've caused a lot of trouble, but somewhat necessary "evil."

Great example! As for claims about transaction costs being expensive for those who actively trade: IB offers $1 trades. Also consider adding to losing positions if there is enough of an ATR with the stock.

Tolerance and don't jump to conclusions without the facts.

Thanks for the heads up. They are no longer taking comments on this in the NY Times. It's time to email your congressman. Use this link to find and contact them. Twitter everyone you know on this. https://writerep.house.gov/writerep/welcome.shtml

Great idea to automate your trading. Check out CoolTrade. They have already done all background work and programming and it's very inexpensive, especially compared with what you're proposing. You just choose your indicators to create a strategy. Algo trading for individuals...

As Marie Antoinette famously said "Let them eat cake."

Cheap gas and auto lobbies have prevented rail from emerging from the ashes. Instead of huge national system, I agree with the idea of adding selected corridors. Travelling by rail is more comfortable than a cattle car like airplane. Some planners think the suburbs will go the way of the...

Unfortunately, the people who should be reading this aren't.

My vote is with Buffett.

The question is: Would would you do if you had this information? How would you trade differently? Just assume that virtually every stock is being manipulated through program trading, then use a robotic trader yourself as defense.

Buy and hold can be smart IF you pay attention and have an exit strategy for your positions. The problem is that most investors are lazy and/or ignorant and employ a "buy and forget" method instead. They were then surprised when their mutual funds lost 40% last year. You cannot hand over...

It's survival of the smartest. Employ robotic trading to combat institutional advantages.