Search results

Its stupid to look at things on a daily basis. What matters is what you have 5, 10, 15, 20 years from now.

I ran this screen for you with above criteria (as of November 30, 2009 close): ABB ACF ADCT AEO AES AF AFFX AIB AIV AMLN AMTD AN ANN APWR ARCC ARM ARUN ASBC ATPG AXL BBV BC BCRX BCS BDN BEXP BGZ BJS BKC BKD BMR BMRN BPO BVF BX BYD BZH CAB CAKE CAL CAR...

I know there is already an existing trader tax thread going on but I wanted to start a new one because it is clear to me that many have not read Defazio's H.R. 1068 set out to impose a 0.25% tax on all trades. Here it is: http://www.govtrack.us/congress/billtext.xpd?bill=h111-1068...

Yes, its no different than any negotiation process. Seller always high balls. It up to the Buyer to figure things out ;o)

Here is the method I used to do the calculation. 1) Take all NYSE and Nasdaq stocks 2) Take their 30 day average volume 3) Take the closing price Wednesday Agilent (A) $29.24 * 3,092,300 = $90,418,844 . . . Sealy (ZZ) $2.64 * 576,130 = $1,532,505 I added all 6800+ stocks up and...

Only stupid little boys discuss their trades in public and try to make people follow. Let us know hajimow when you can't take it anymore.

Harrah's CEO Gary Loveman is the guy that shows up in commercials telling viewers that if they know of anyone who is having a gambling problem to dial a 1-800 number. This Watanabe guy has a case.

I doubt this guy is a successful trader. His source of income is in gullible people willing to read his newsletters and books. Elliot Wave theory is a bunch of hoo ha for mystics and freaks having found no reason for market movement other than "the fourth world". Run far away from these...

Wrong approach. Use: "We as investors" You do not want the media to start throwing darts at daytraders/traders. We already have a bad rep. Most Americans do not understand what we do everyday in the markets and see us as a bunch of gambling fools causing havoc in the markets (i.e. visions...

I just totaled up the total aggregate dollars traded in NYSE and Nasdaq for Wednesday assuming a 30 day moving average of volume and Wednesdays closing price. Total transaction in dollars is: $2,327,771,000,000 Thats $2.3 trillion dollars a day exchanged. Now take that and times by...

Yes Vikana, my bad. I had to stop my thought process as family arrived. What I was going to say next was: "Now imagine you invest in 9 more stocks. Whether you do this as a basket or invest throughout the year doesn't matter. Companies like Google, Dell, Intel, Goldman Sachs, Bank of America...

Whats needed is not rants from a small population of full time daytraders, but rather a media blitz that targets ordinary people WHO DO invest in the equity markets. Let's face it. People for this tax will argue that "its those daytraders that are screwing up the markets" which we all know is...

The $11 trillion dollar mutual fund industry is small? 1.5% in management fees is over $110 billion dollars. They stand to gain even more by the elimination of brokerages and online trading.

The best line is this one: "Cantabs systematic strategies are un-tuned and are predominately parameter free." Any living breathing computerized system has parameters and constraints built in. Very simply, whether the parameters are external: F(x,y,z) { return(x+y+z); } x = 1...

Lets put things in perspective. 0.25% tax is HUGE when you are taxed on each side of the trade. For example, a $500,000 investment account can do a maximum of $50,000,000 in liquidity turnover a year ($25,000,000 a side to buy, $25,000,000 a side to sell). This assumes that a participant...

You got two of them right (GS, JPM). WFC will survive. Looking at BAC stock chart, it looks sick.

A polished turd looks like wood, dead wood.

If you are pulling off 30% yoy on swing trading why aren't you trying to go for 50%, 75%, 100%+ yoy? Eh? What makes you believe that: DAYTRADING $$ > SWING TRADING $$$ Do you seriously believe you can go from one form of sport to another and succeed so fast? Work on improving your...

Technical indicators have nothing to do with the success or failure of your trade. It merely is a cognitive exercise to fool you into thinking it is. This is where most traders fail and spend years trying to find that elusive holy grail while getting soaked.

What makes you think external automation is driving the prints.