Recent content by Lights

The Yuan, CNY/USD controls all.... US media will never admit it tho... it is the one instrument that controls all our destinies.

ahh.. this explains male fish in NY and NJ laying eggs.

these bearish sentiments reflect current open interest....

Althucher publishes self help books and posts on Facebook regularly about how to become a successful person.

an example is watching past star traders and managers go more public via media and cnbc, ie icahn, einhorn. they're both down for the year.. they have trailed the indexes since they became media "celebrities" few years ago.

Next time there's something wrong with the world, write about it. Create awareness.

the IRS has accepted bitcoin as an asset class subject to capital gains. any market is just a function of supply/demand and liquidity. Bitcoin is "rigged" or rather programmed to always limit liquidity and supply as a function of rising demand. It is similar to say, the S&P500 corporations...

If you understand how markets work, it is really just a function of liquidity, supply and demand. Bitcoin is a very simple concept really. It's an asset that's programmed so that liquidity will ALWAYS fall as a function of rising demand. Supply is defined, and becomes more difficult to...

IMHO, trading when management "shares" risk with you is altogether different than money up scenario where one is trading very high prop leverage and subject to constant margin call watch especially in a high VIX environment. It has psychological ramifications. I've found this to be a...

yes. i left a large backed prop group to trade my money up for a few years. looking back though, that was a mistake.

$2million in one day. That day, I came in flat. I bought $12m portfolio value across a basket of Reits and Broker Dealers first 10 minutes of the trading day when the US govt outlawed short selling financials in 2008. They gapped up 2%. By 9:40, I was long $8m and added another $4m when...

common sense disappears in a complex world due to exponentially growing choices. and objective thinking is increasingly politically incorrect.

yes. when your friends and families talk about stocks.

Read this about now defunct Pipeline Trading. http://www.bloomberg.com/news/2011-10-24/pipeline-agrees-to-pay-1-million-over-sec-dark-pool-claims.html

HFTs will bury you if you're high volume scalper. your gross avg profit per share is taken by HFT. Media says few cents shouldn't matter, it does to a daytrader when netting out to volume traded (100,000 shares x 2 cents = $2000). The reality is you are basically adding 1-2 cents cost to all...