Recent content by MarketOwl

  1. MarketOwl

    Humbled Trader

    Funny thing is seeing so many on ET think she is clueless about stock trading when she knows more than 98% of them. A bit of gender bias for sure. Nothing amazing in the videos, stuff most experienced pro daytraders know, but solid information on fundamentals and techniques of short term...
  2. MarketOwl

    Steven Dux: +230k today. $500K on the week

    These days, a lot of microcap stocks are trading over 50 million shares a day. To name a couple: XSPA, GNUS. He could definitely be doing that kind of share size in penny stocks these days.
  3. MarketOwl

    Steven Dux: +230k today. $500K on the week

    Steven Dux is a Timmy Sykes clone. They are not scammers, but focus on shorting small cap/micro cap pump and dumps. It's a simple but effective strategy, the hardest part of the strategy is actually getting the borrows on the stocks to short, because most of them will be hard to borrow...
  4. MarketOwl

    I have decided to put a significant amount of my money with AMP

    I've also had a bad experience at AMP, when they advertised a lifetime no commission trading offer if you paid $1000, only to find out that there was a hidden per contract fee (trade processing fee, or some garbage like that) that was never mentioned until after depositing the money there. The...
  5. MarketOwl

    so so so bummed out and depressed trading ES

    Try to find something that you enjoy doing and make money from that. Life is too short to chase money while hating what you do. I guess if you hate doing everything then yes, chase the money. But trading is not something that will work out well if all you think about is how much money you can...
  6. MarketOwl

    Traders: What Not to Do

    Humans didn't evolve to take losses lightly or accept defeat. Trading is humbling, and all it takes is one mistake at the wrong time and it's game over. Survival is half the battle in this game. If you can survive long enough to learn, then you can refine your skills to develop a...
  7. MarketOwl

    Traders: What Not to Do

    I am keeping my powder dry to either short S&P or go long bonds in 2018. S&P is very overvalued now, but with volatility so low, I expect even higher prices by early 2018. However by summer or fall 2018, I think we will get a big equity correction and that should crush bond yields lower. A...
  8. MarketOwl

    Traders: What Not to Do

    Studying long term fundamentals, such as the secular trend of higher debt levels, low interest rates, competitive devaluations, looking at the weekly COT reports to see how speculators are positioned. Price is also important since that determines value and potential profit. Medium term...
  9. MarketOwl

    Traders: What Not to Do

    It is a fact that most traders end up losing over the long term. In order to be part of the minority of traders who win long term, you must trade differently than the majority. That is just simple logic. Then the first step is to identify what the majority of traders do. The second step is...
  10. MarketOwl

    Classic Template

    Suddenly the classic view for viewing in the original Elite Trader colors is gone. What happened?
  11. MarketOwl

    What happened to the old traders

    Not everyone is wired the same. Just as you can't assume that other traders and investors feel the same way about a stock, you can't assume that others feel the same about trading. One person's stress is another person's excitement. For many, trading is like gambling, once you've experienced...
  12. MarketOwl

    Introduction and backround. I think I have a good backround to have success

    Don't get riled up by the skeptics. Most of them on this thread don't have a clue about card counting. I have read your posts on gambling forums and know you are legit. The key for blackjack at the higher levels is being able to get your money down, even if the game offers a smaller edge...
  13. MarketOwl

    Trading Edge for Humans is Intuition

    No it wasn't always a ton of work. From the 1990s until 2007, there was so much dumb money that it was like stealing candy from a baby. Not so much dumb money anymore, and the ways to trade against the dumb money is made more difficult due to regulations and more sharks competing.
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