Recent content by streetgangs

being a trader is like being salesman or real estate agent, the income is not steady and job isn't steady and pay is based on performance.

traders are paid to take risk. or providing liquidity.

an enginner can make $100,000 without any capital or work. and steady and no risk.

on average most individual accounts have less than $30,000 hence the pattern day trading rule of $25,000 cause the exchange know that is the max most people have to daytrade stocks. to make $75,000/year on account of $25,000 that is 300% ROC, no way yo u can make that kind of returns on buy...

do you know anyone who makes 7 figures trading their own capital with no capital of their own? to make 7 figures, you need 7 figures to start with. only .001% of brokerage acounts have more than $100,000. even at 25% ROC/year on $100,000 that is measely $25,000/year...a taxi driver make...

because mutual funds cannot speculate like the home guy they only go long certain stocks and don't invest in penny stock or options. and no leverage. only leverage like 90% and Alpha can make 25% consistently. no way a balance fund can get 25% every year. or mutual funds cannot trade alpha

people get addicted to gambling rather than trading ,which is the reason they lose, and overleverage. banks were leveraged 30:1 which is how the bank went bankrupt and insolvent. same with many people in the market, they play options, futurees, and penny stocks. there is reason they have...

Volume would be pathetic if it was just retail orders. really. this market is just institutional orders 99% is instituinoal orders.

there is 300 million americans and only 300 people on this site. trading and wall street is insignificant to people's daily lives, even the ratings on CNBC is low. traders are the 1% less than the 1%

it's strategy that works when it's not trending.

i guess your not a 'real' trader. your a hometrader. homey

also, people who trade for a living ,trade the same instruments everyday.

professional traders are assigned to trade, they are not descretionary traders if you work for a company. if you are home trader trading your own capital yo u can do whatever your want.