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I'm a satisfied customer of IB. So far, I'm happy with the security aspects of IB platform. What happened to Robinhood users scare me. Has similar things happen to IB customers before? What's the risk of same thing happening to IB customers? What precautions should we take to minimise this risk...

Good point. Some people want to move into trading/investing full-time because they hate their day job. I won't judge them on that. They should find out the real reason why they hate their day jobs. If the real reason is they're lazy, then they're not going to make it with trading anyway because...

I can't make it in day trading but I'm pretty sure there are surely others who can, especially many elitetraders here. The proper question to ask is ... is it worth your time to do day-trading for the returns? A person can have a full-time day job and still participate in the markets while at...

Makes sense but not practised even among top professionals. Most hedge fund managers, many of them very well-paid, lose to a buy and hold strategy with S&P500 ETF during the past decade.

Some people talk as if they know whether the market is presently in a ranging or trending market, and apply the appropriate steps accordingly. I'm always been puzzled about this. For me, I can only know after the fact. Maybe I'm not as clever as others, especially compared to the elitetraders...

I'm not his fan but I wish him well.

If early investors of ponzi schemes are forced to return profits to the victims, this will encourage moral hazard. If there is less fear about losing huge money, then a lot of victims in future will simply pour in money without fear. Perpetrators of ponzi schemes will say "No need to fear. If...

It's selling down but it's not epic at all. Looks like normal selling down after a bullish start for the week.

It's almost impossible to be called for a job interview for anyone 10 years younger than the younger candidate, yet both candidates are competing for the most important job in the most important country today. Pretty ironic.

May I ask how much are you paying for the prestigious terminal per year?

Good point. It's stupid. Why not create the group using WhatsApp or Telegram which is free and unmonitored by bank compliance? Why do these intelligent traders do dumb things? Did I miss out something?

I don't quite understand. Since rigging is illegal, why would traders be stupid enough to chat about it in a room that can be publicly accessible, even though it's only accessible to rich people? I'm sure regulators can access Bloomberg if they want to, since they've backing of taxpayers.

What are some good alternatives to Bloomberg which are more economically viable for retail traders?

Thanks. That is the right question to ask. I don't have the market data to see that. I guess I should to answer my own question.

Do you think it's ok to use market orders? Assuming size of transaction is about 4 times the bid size. An example would be bid size is 3 contracts and there are 12 contracts to sell. I am trading Hang Seng Mini futures contract.

Suppose I have sold 10 front-end index contract. I want to roll over to next month contract. Sounds simple. Buy 10 front-end contract, then sell 10 next-month contract. My worry is this. What if after I buy 10 front-end contract and before I get to sell 10 next-month contract, the price suddenly...

Suppose the front-month index future contract is going to expire in 4 days time. The next month contract's liquidity is about the same as front month. The next month's contract trades at about 0.3% cheaper than front-month. If I short the next month's contract, does it mean I lose 0.3% compared...

Thank you. Sounds like a good guideline to follow. May I ask does that usually happen on the last trading day or expiration day? How many days before expiration day does it usually happen? Is it possible that parity never happens sometimes due to issues like contango or backwardation? Hmm ...

Let's use the Hang Seng Index futures as an example. The contract expires on 29th of every month. Suppose I want to roll over this contract. What are some guidelines on the timing to do the roll-over? Should I do it on the actual day of expiration (29th), or 1 day earlier or 2 days earlier? Does...

Bad for oil price in the long-term