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Yeah, you wish :sneaky:. When you send a market order, you're paying for the entire spread, whether that's 0.01 or 0.25 (like right after FOMC meetings). If you dont' wanna pay the spread, use limit orders. It's as simple as that.

That would be an ATH :wtf: As for me, I'm expecting a full-fledged recession in 2024. So ride this baby up to 5000 and then ride her back down is my current plan.

Well, if you don't sign into Google (or YouTube) as you suggested, it doesn't matter what browser you use, whether it's Brave or Google's own Chrome. You won't see any ads, period. The downside is that it's a little inconvenient, since you can't watch any of your tailored playlist. To take...

Looks like we'll be seeing 5000 by Friday, or even earlier. We might be seeing 5%+ day tomorrow.

Just what the hell does "mean reversion" mean anyway? In the parlance of trading, mean reversion, suggested by "the experts", is when asset prices tend to return back to normal or average levels after an extreme price move. But, seriously, what does the "average level" mean here? This is...

Economy: a self-reinforcing system? The economist Paul Krugman has begun a systematic inquiry into the theory of self-organization, particularly as it relates to the economy. To illustrate the process of self-organization, he asks us to imagine the city of Los Angeles. Today, we know that Los...

I will not become a slave to money.

Also why would you sell short at 4622 with a profit target of 4629? That would be considered a loss. Or did I miss something?

This ain't good. I've added up all your gains and losses and you're down -178 points. Do you exactly know how much that is in terms of $? It's a loss of $8,900 per contract. Maybe you should consider downgrading to traiding the MES until your skill improves. Just a thought. But then again, I...

The thing is, creating an algo alone (no matter how fancy or complicated it might be) will not make you money. You need to have a profitable strategy in the first place and that requires many many years of trading experience.

I think you might be confusing me for @padutrader. I ain't no Brook's follower (although we have a lot in common, but that's only natural since we both use PA).

(Continuation from the previous post) LOOKING AT THE ODDS I embarked on a whole new learning process when I went to work for Jack Boyd at DuPont. Jack’s trading was not particularly scientific, but he had a interesting method. When he saw something move, he went in that direction. When it...

More excerpt from the aforementioned author: My early failures forced me to become comfortable with that failure and, more important, with loss, and this has become a foundation for my success. My early years also taught me about human fallibility. That’s why my investing approach is never...

And speaking of Larry Hite, here's an excerpt from his book The Rule: How I Beat the Odds in the Markets and in Life—and How You Can Too (2020). ********** You see, the first thing for any organism, for any animal, is survival. So cutting losses on anything gives the chance to endure. That’s...

“Frankly, I don’t see markets; I see risks, rewards, and money.” — Larry Hite :)

“Work hard in silence. Let your success be your noise.” — Anonymous

It is a fact that institutional traders are the first to act when a big move is about to happen because they have the money to move the market and they are often the traders that give the market the push it needs to get started moving. ***** "You need to be able to read the footprints the...

"Your beliefs become your thoughts, your thoughts become your words, your words become your actions, your actions become your habits, your habits become your values, your values become your destiny." — Mahatma Gandhi

I just added the context for ya. :) I can assure you, there were none. Had there been one, I would't have bothered showing my discontent in the first place. Unfortunately, this is pretty standard practice in a lot of TA books and it should raise a red flag for the readers. Newbies beware! In...