Recent content by trader99

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    A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares

    The article states, "Anthony linked his trading account to a bank account with only 9 cents in it, then initiated unfunded deposits totaling $1 million between July 5 and 6. The pending deposits granted him access to $200,000 in immediate credit, which he plowed into eight stocks and an...
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    How I Made $180M in 6 Months Trading Natural Gas

    The guy worked at an energy trading company. So it wasn't like he opened up an IB trading account and ran it up to $180M. Geez. Some people on here are so retail minded thinking. For an energy trading firm, a $180M might or might not be that big of profits.
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    NQ stop loss

    geez! 1.5 point stop? It almost seems like you stop out as soon as you enter the trade the way NQ trades! I used around 10pts stop on NQ. Works fine. Sometimes that's wide and other times it's too tight. But most of the time it works.
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    What software/website to use to create a trading journal?

    i use tradersync. No affliation. I've used several other trade journals before. All of them have their pros and cons(tradersync included). Do google and try them out. I was getting tire of screenshotting.
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    Longtime prop trader says 4% of day traders made decent money

    Yep. I'm suprised it's 4%. I bet only 1% make a decent living mean at least over $100K/yr. Anything less than go get a fckin' job! Even new grads at top tech companies get close to $200K/yr(base+bonusm, benefits, RSUs, etc.) risk free.
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    Not enough natural gas to calm a global price rally

    This is crazy! In 2015, there was so natural gas that they had to burn it off! I was long NG and lost quite a bit of money! The chart was showing multiple decade lows. Yet, new lows came every day. Dec 2015 was the ultimate bottom! Had I position sized it smaller I might have not lost so much...
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    Why is Gold down with inflation at 5%?

    I used to trade gold futures(GC), gold ETF(GLD), and gold mining stocks(GOLD, AUY). I was never successful at it. Gold SUCKS as a trading vehicle! Or maybe I sucked at it. I made more money elsewhere (stocks, options, other types of futures). When you think gold should be going up it goes down...
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    How is retail day trading anything but a gamble?

    It's doable but I wouldn't say easy. To make a six figures a day in your account you'll need a sizeable account to start even with 4x leverage. Most newbies don't have accounts that big, at least not to start,
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    Greed, Bankers and Politics Star in Danish Negative-Rate Debacle

    It's not the $4/month but the fact you HAVE to pay to park your money in a bank. Ridiculous! They can earn it better rates with an online savings bank.
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    Greed, Bankers and Politics Star in Danish Negative-Rate Debacle

    WTF! Danish retail savers are so royally screwed. ====================== https://finance.yahoo.com/news/greed-bankers-politics-star-danish-040000695.html " He commented a day after Danske Bank, Denmark’s biggest lender, said it was following others in the industry and more than halving its...
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    Manhattan financier jumps to his death after firm liquidated

    Check out his bio: https://en.wikipedia.org/wiki/Charles_de_Vaulx The guy is probably worth $100M+ . It's NOT about the money. It's the ego that his fund was liquidated. He tied his entire identity to running this massive multi-billion dollar fund that's now liquidated.
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    Who thinks it will be choppy for the rest of the year?

    I'm not predicting a huge reversal like these bears. I feel like it's gonna be choppy. Just opinions. I trade what I see not what I think...
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    Who thinks it will be choppy for the rest of the year?

    As a daytrader, I don't really care about the daily chart since there are plenty of actions in the thousands of stocks in the market. But I'm just throwing a thought out there that it looks like the market might be choppy this year unless there is a big catalyst to cause it to trend nicely up...
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