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Completely false. If you read enough financial news, you'll know a lot of corporate profits have been squeezed by inflation. Also look at the market crumble under the weight of inflation. You trade any SPY or QQQ?

Being rich or wealthy has nothing to do with rich parents. We Americans like to spend. And like to gamble too. Trading is like gambling and we all love doing it. For people who retire early, trading stocks is an enjoyment. But for people who quit their $50,000 job, trading meme stock as...

A smart person entering Las Vegas casino has a plan. He has a total of $2,000 to lose for his 3-day trip. He puts that cash in his pocket and leaves all his credit and debit cards at hotel. If he is lucky to win another $2,000, he may just put on a big bet of $1,000 etc. Then he may lose all...

Some always tell you some "story" of someone cash advancing from his/her credit card. And made a fortune trading commodity futures. Sure it is all possible. But what is the success rate?

It is not that so simple. Education is not the main issue. You do not need parent of high school to each you that you need to earn $100 to buy a pair of sneakers. And if you save $50 a week, you'll get $200 by end of the month. And we all know that a restaurant waiter or waitress can easily...

I bet it is more than 80% of American people. Most of us need our checks too since we do not keep much cash in our banks. And I believe 80% of Americans only control about 15% of total US wealth....

Swing trading offers far better freedom than day trading. With a 2% stop loss (in another thread), you'll have to keep a tiny position if you day trade SOXL. No matter how we trade, before I send the order, always get a plan and know why you make that trade. A $10 gain is still good even if...

deaddog Dead dog still kicking??

deaddog I guess the dead dog is the right name for you. Bye, dead dog....

It is just a waste of time talking the way each trader puts the stop. Or the money management rules. Everyone trades differently. This is not the trading class that each student has the same trade. Even with that, each student does his or her own thing. There is no right or wrong.

According to our president. Russians will invade on 2/16/2022. Or that is from the Ukraine comedian?

So you are bullish with NQ to start. Long one (or the micro MNQ) at 14,555. Then it drops to 14,550 in 5 minutes. So you are "wrong". I guess you'll unwind and get out right away with a 5 points loss? Sure it is a $100 loss or a $10 with the MNQ.

Dude, so you never heard of any like Goldman Sachs Conviction Buy List? Take a look and learn. Very disappointed by the ET crowd. Should be a group of expert traders.... Goldman's Sachs' (NYSE: GS) Conviction Buy List is a listing of stocks the investment bank's research team expects to...

I still remember the day when I entered SOXL at $33.88. And several ET members produced nice charts to show me that, do not catch the falling knife..... Nice. I'm not saying that they were wrong. But I've heard of such rule for more than 20 years. Trading rules are not hard set rules. Or...

People will never agree on the stop levels. There are so many factors relating to the trade management. For a pure day trader, the % of capital rule matters. You sure can set 2% capital aggregation as your true stop. But someone scalping only. The other guy trades MSFT. The 3rd guy...

Bill Miller is like Peter Lynch or Warren Buffet. A big figure in investment society. He was a legend. But there were or are some things never happened before: Dot come #1 MBS collapse in 2008 Meme stock trading 2022 Rise of SPAC in 2022 Cathie Wood is just part of the Dot Com #2. Not new.

Sold some for rotation purpose. Still hold some for my target. This is a good example of swing trading. To me, it is easier than day trading.

ARK is a one time phenomenon when that market segment works or worked. Some managers could have made 300% return betting on meme stocks. Look back at the dot com #1. Same. Also look back at Bill Miller at Legg Mason. He was a legendary for beating S&P about 12 years in a roll. But he never...

No. Her team has no reputation. A lot of her team members are very green. Some are still interns. I do not trust those people. I actually do not follow any stock research or stock holdings that people already know. Then there is no secrete or no edge any longer. Also my investment...

Any contract rolled off? That happened to me before. Yes, IB does change margins without notice.