Recent content by seasonedpro

Mom and Pop are still scared shitless about this rally and haven't committed. Once we get them on board and in then this market gets crushed.

Wow, go run around the block a couple of times. No I didn't go look at the levels of these MA's as you suggested. Guess I should have done that but I have never seen anyone use a 200 month MA for technical analysis. The 200, 65, and 50 day MA's are the most common indicators used for your type...

Easy. If you want to keep calling it the 200 month moving average go ahead, but it is the 200 DAY SMA you are talking about even though you are showing a monthly chart. Would you call it the 200 weekly MA if you changed it to a weekly chart??? It is still the 200 day SMA no matter the parameters...

oh ok my bad dude. You keep referring to the 200 month moving average for your trades, it's the 200 day. Is that better?

You keep citing the 50 month and 200 month averages as the rationale behind your decisions... it is the 50 day and 200 day SMA'a you are looking at, not monthly.

OK this tread is pretty meaningless but it does highlight an important fact: day trading is beyond tough and most will not make it. This is a fact period. Look at the stats, becoming a successfull full time day trader as your career is close to the equivalent of making it into the big leagues...

If you are looking for an edge you should probably look elsewhere now. Trying to read the tape has become nearly impossible. Whereas you used to be able to see real market makers and discern who was the axe in any stock, now it is all ECNs showing 100 shares. Or algos displaying orders only to...

Playbook has been written - talk like inflation hawks and keep rates low. Inflation will be thrown under the bus in order to preserve some growth and rightly so, as reactionary as the fed has been they really had no choice but to respond in this manner or risk depression. In the grand scheme...

If you really think it is going to be some time before your licenses are held by a new firm, I wouldn't want to get U5ed from your old firm. It is their responsibility to U5 you, why would you want to speed the process by contacting FINRA? I have a 24 but am not sure on the absolute...

Bill couldn't have done it without the republicans, but the balanced budget will be his legacy. Bill proved that markets can fly in the face of tax hikes on the wealthy in order to provide some fiscal discipline. Period. This completely goes against the republican mantra so don't kid yourself...

It isn't glamorous and takes the right kind of individual to tolerate the drudgery, buy there aren't enough CPAs and the need is predicted to rise down the line. You already have the background, go partner with a firm for a few years then break off on your own. You can work for yourself, see...

The deal I posted earlier with the leverage you are looking for, maybe less on the overnight juice.

There is no standard deal, layout your strategy and talk a good game and you can get a deal. If all you are looking for is a retail account go to IB or Etrade. Carli is prop where you can get much more leverage. What do you want/need for Buying Power?

Try 10k, 100%, and .07 all in and you could still do better. At the very min don't give up any of your upside.