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Hard to believe these rumours. While Ms Nikki Haley is good-looking, the first lady is still better looking. Besides, President Trump is too old for this kind of thing. He is not of the same age as Clinton when he was President. However, this makes for entertainment chit-chat gossip...

For investors who are into stocks only, how does Reuters compare against Bloomberg? Would you pay up for Bloomberg terminal even though it is far more expensive? Is Bloomberg terminal still that good?

One puzzling aspect about the permanent portfolio is it does not have real estate in the portfolio. I wonder why real estate is excluded. It is a favourite asset class among the rich.

Interesting to note that this hedge fund manager, Stephen Jamison, thinks that AI has killed short-term trading opportunities in commodity trading. Given that his fund size is $1.5b, he must be quite a formidable commodity trader. He has given up and closed his $1.5b fund. Do the elite traders...

You do not have to manage other people's money to make a living from the market. If your personal funds are large enough but don't have to be anywhere near $5million, a comfortable living should be no problem. Suppose you have $2m. 5% of $2m is 100k. That should be sufficient to support a family...

May I ask why did you switch back to become a salary worker? Isn't it much happier to be a full-time trader in control of your time?

Thanks for all the replies. It seems fat-finger mistakes are inevitable from time to time. One thing I do not agree is to use automation to replace humans in order to eliminate careless mistakes. If bugs happen, bankruptcy can happen very quickly. Remember Knight Capital? When humans make...

I am using Interactive Brokers for stocks and futures. With a margin account, it is possible to make silly fat finger mistakes like; - buy instead of sell and vice versa. Happened before quite a number of times. - key in extra zero. Happened before but thankfully, I keyed in many more zeros and...

What about those who want to get rich from the markets but ended up poor? Lots of them around. I'm sure they are not getting what they want from the market. I don't understand Mr Seykota. I'm sure he's a better trader than me. If Mr Seykota is on this forum, I hope he helps to answer the question.

https://www.financemagnates.com/forex/analysis/amf-publishes-four-year-fx-study-89-of-investors-experiencing-losses/#sthash.ID5Rlr4w.LBTGDWPb.dpuf According to the results of its exclusive study, nine out of every ten individual customers experiences net losses – the sample size included both...

On hindsight, what were the warning signs that you could have heeded before these brokers went bankrupt? One thing I can think of is when the share price crashes if the brokers are listed. If they start dropping >10% each day for consecutive days, time to take some money out.

Unfortunately, I don't have similar links for other asset classes. However, based on anectodal evidence, investors in bonds, equities and real estate seem to have a higher chance of winning. Maybe options traders also have a difficult job like forex. I don't know many options traders.

Interesting stats from IBKR's forex retail traders. Most of them lost money in 2017. https://www.interactivebrokers.com/en/index.php?f=3731 Why is forex so hard to make money? For elitetraders who trade multiple asset classes like stocks, bonds, commodities, forex, why do you think forex is...

I'm sure given your background, you are aware of passive ETFs like SPY and QQQ. Even most professional fund managers/traders who work full-time can't beat these passive ETFs over a long-term of >10 years. If you want to trade on your own, it makes sense if you love trading. If you want to do it...

It will be good to know whether Mr Ackman's Pershing Square fund has beaten S&P500 since inception. A longer-term comparison may be fairer. I have watched him in action on Youtube before. Definitely an impressive man. Yet, for some reason, intelligence level does not seem to bring...

Given the conflicts of interest and natural selfishness of human nature, I will prefer to seek advice from strangers on this forum than financial advisers with vested interests.

I guess your boss feels you should not be distracted with trading at work. Fair point. He is paying you during office hours. It is only right that he expects you to work during work and not trade during work.

Any one heard stories of people quitting their jobs to trade stocks in the late 1990s? So far, do you know people who did just that today? That could be the ultimate warning sign.

From your description, it seems Nasdaq had far more volatility at that time even though the upsurge was higher than today. I wonder why volatility has disappeared from the stock markets today. It is not just U.S. It is a phenomenon happening in global stock markets.

Glad to hear you were making lots of money then. I'm curious how did you manage the risk with this strategy when the dot-com bust arrived?