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XOR usually means "one or the other but not both". That said, I have no issues with programmers wanting to supplement their income by trading on the side. But to think they can come into the market with absolutely no previous trading experience and code their way to financial success is a fool's...

I'm feeling bullish for tomorrow, although I believe we will eventually go down and revisit 4600-ish in the near future.

Why do all these programmers think they can crack the market? Who do you think you are, Jim Simons? :rolleyes: I keep saying this over and over and over (like that Energizer Bunny on steroid): In order to make money in the market, what you need is a PROFITABLE STRATEGY (aka "edge"), not a bunch...

I think it clearly boils down to whether you can read the market faster than others. This sounds unintuitive because the market IS the collective movement of others. And yet it's what it is.

First, volatility is no friend of carry trade. But from what I've been told, most economists believe we're heading in for a choppier market in 2024 due to possible recession. Second, markets have already discounted the Fed to cut rates at least twice this year (why do you think indices are back...

The next sequel was long overdue anyway: Rich Sucker, Poor Sucker (Why the West Never Tires of Sucking)

Everyone, how often do you replace your hardware?

I had a lousy experience with Win10 as well. In fact, that was the main reason why I upgraded to Win11. Grrr!!

Quit yer lying, ya SOB. :D On good days, mine takes a good 5 minutes. On bad days, it can go over 10 minutes. And I'm using Win11, the worst windows I've used so far. My Win 7 used to boot up under 2 minutes. I ain't sure if it's the windows or it's actually the HP notebook (the worst hardware...

Why, that's simple. It all comes down to RISK MANAGEMENT. Professionals take controlled risks. Amateurs take on huge risks and end up blowing their accounts. For instance, professionals know exactly when to bail out of their trade if they're wrong. Amateurs either have no stops in place or...

Instead of worrying about other peoples' failure, why don't you pay attention to your own first? :) As for you, do you have an "edge"? Do you know your R:R for every trade? Do you know when the market is overbought or oversold, etc etc?

Okay, I see that he posted in the "forex" section. I often just reply to posts that show up on the main page of this site and don't always bother with where it belongs. Anyway, my previous reply still stands. There are forex options, forex futures that you can use, as well as taking the trade...

There are only two things I care about before jumping into any trade. Is it overbought or oversold, and is it within my risk parameter? That makes me right in two respects. :)

Likely under 5 minutes. Remember, scalpers are after quick profit, with "quick" being the keyword. As you might already know, the longer you hold a trade, the riskier it is. And it's also worth remembering that scalpers only go after the same boring repetitive setup that yield profit for them...

Blind Spots A driving blind spot is an area on the road that a driver cannot see while looking through their windshield, side-view mirrors, or rear-view mirror. Blind spots are caused by the structure of the vehicle, such as pillars and its body, and other obstacles like other cars or...

Hyenas = scalpers = supreme opportunists In and out quickly taking small bites at a time, banding together to ward off smaller alphas (eg. lioness = retail investors), but always looking behind their back for any surprise attacks from bigger alphas (eg. male lions = institutions)

Watch this video carefully, and you will know the ways in which scalpers work and what risk management they use.

Typical Market Cycle Any good trader worth his salt knows that it is the market cycle and real economics that ultimately drive prices. And the stock market is a big influence, since it is arguably the market that is most clearly affected by changes in economic fundamentals. Nonetheless...

Hey, even though we might not agree on SMAR, at least we do have AFRM that we can both agree on. :sneaky: Speaking of which, these are my 2024 stocks. What ya think? AFRM BBIO CBAY COIN CVNA GPS GYRE ML SLNO ZJYL