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Whether it's American or Chinese stocks, friend or foe stocks, if the stock makes money, it's good stock!! That's what I intend to buy. Stocks that make me good money!!

Employers will be complaining about a new problem. Employees on their payroll not working but day-trading.

Anyone knows of people around him who have quit his job to trade full-time?

Jim Simons says trend-following in commodities markets no longer work well anymore today. That's significant.

What are the advantages of becoming IB Prime customer? How about disadvantages? I know of some retail customers who have more than $1m AUM. They are not Prime customer. They have the same treatment, same commission with other IB customers with much smaller AUM.

Do you mind sharing which are the good discord servers that you join for traders' discussion?

This sounds like a silly question but oil futures price going negative sounded silly last year. I would like to ask the forex experts here whether the same thing can happen to forex futures? What if some day some rogue central bank suddenly decides to do something monumental about the country's...

As long as system is not down during market hours, I think it's tolerable. So far, I've only experienced once when the system was done during market hours. That was during the heights of Covid virus

Hertz provides a useful service to business travellers. It will make a comeback. Lots of U.S companies going to Chap 11 operates normally. It's transparent to customers.

Office landlords to lose $$ in future.

Bill was passed with UNANIMOUS consent. Wow. I don't like the smell of this. It seems U.S and China are headed for a conflict. I hope it's limited to business/technology competition, not military conflict.

Ok. My fault for not listening to the interview. I hope he's not wiped out. He gave me the impression he's always a careful risk manager in his book.

Depends on when he bought. If he shorted naked puts at peak of virus, he's seriously injured. If he shorted naked puts at end march 2020, he's got much richer today. We don't know when he placed his position.

The recent negative oil price was a big shock. What are some other financial instrument/security which can go to negative price? Am I right that ALL commodities that require storage space run the risk of negative price? And zero risk of negative price for stocks and bonds? Good to know to...

Have you finished reading the book? Does it contain trading insights or is it just an entertaining story?

Volatility is a measure of how much fluctuation there is in the market. So, volatility by itself is directionless. Yet, VIX is low when stock market is bullish, high when stock market is bearish. This seems to suggest that VIX is dependent on the direction of the market, yet the definition of...

Good point. If I were to put my money with a money manager, I'll choose a fund which invests his mother's money. That way, I can rest assure that irresponsible risks at my expense are not taken.

how long did James Cordier last before he blew up, given that he was employing a risky strategy? Seems like he did quite well for himself despite the blow-up. It appears that his investors were hurt more deeply than him.

Have you received any calls or emails from IB yet?

Risk management can't protect against that -ve oil price episode. Even a small position can balloon to large losses if you buy at $0.20 and the price went down to -$37. Counter-trend trading is a legitimate strategy with edge. Many successful traders use counter-trend trading strategy. It's...