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As you say, leveraged ETFs will be eroded through time due to volatility. You also have to pay to borrow at such leverage, just like with futures. You have to pay interest + expenses (very small here) + volatility erosion. I would definitely utilize QQQ, not TQQQ. Is there a reason you needed...

Pinnacle and Stockcharts has EOD

That's great man!! Glad you found the info helpful!!

I'm confused. How can I trade CL, PL, PA, SI, NQ, etc. commission free for a year for just $2400 a year? This makes no sense. I pay a fortune in commissions at IBKR and TOS. What is the catch? I must be missing something.

Nice!! I remember some time ago you mentioned having Parkinson's. I have since learned a lot about health. This article could help: medicalmedium.com/blog/true-cause-of-parkinsons I have done the medical medium heavy detox smoothie multiple times and it's amazing the impact it has. You can...

Nice, we are getting there! IB still has 300K initial margin LOL and Ameritrade is a bit lower at 80K. I'm sure IB is a mistake. Just haven't bothered letting them know yet.

I love trading Palladium futures, but I am highly selective with spots, due to it's illiquidity. Margin requirement used to be much more reasonable. After enough 10% moves in a day, requirements shot higher. I'm hoping they will relax again soon.

Nice flexibility. Congrats.

A powerful bounce is imminent my friends (at least in the short-term).

Haha, I meant it as a joke, but rereading it, it does look like I was being serious, :)

350K a year is pretty easy to get to. I always wonder why people go to higher education, work so hard, and hope to get 50K-75K a year, when all they have to do is make 1K a day trading. I mean some people work 2 jobs and can't feed their family on their $10 an hour....if only they new about...

Sure. If you have systems where you trade at the market open, if you have a "green" account you can sell a stock at market at say 8PM the night before for the 930AM open and use the proceeds from the sale to buy an equal amount at the 930AM open in another stock or ETF. Therefore, you don't need...

I called Ameritrade. Apparently the "orange" account (ToS) does not allow you to do this, but the "green" account (not ToS) does. I simply switched my IRA accounts to be "green" accounts.

Hi All, I have used Ameritrade for 20+ years in a variety of accounts. I have always been able to sell a stock at night to execute at the market open the night before and immediately receive buying power to put in a buy order at 9:30am as well. For example, if I had 10K in QQQ I could sell it...

Hahaha, no problem. I always love your posts and I thought this was hilarious :D. Much more exciting than what I am doing right now, watching Lionheart on Prime, haha.

Ahh....I like wise people. Appreciate the thoughts.

Sorry to hear. I feel for you. Had similar situations happen. Do I understand right that you lost 25K and then deposited even more and lost it? How much are we talking about? If you are 28 and have 25K+ more to trade, I assume you are well compensated and can build that up again reasonable...

Sorry to hear. Have you considered becoming plant-based vegan? Here's one link about diet and parkinson's: https://nutritionfacts.org/video/treating-parkinsons-disease-with-diet. There's more and more plant-based books out there saying how to beat diseases or dramatically reduce symptoms with...

1) Sig, you're the best. 2) Why don't you guys realize that we have a 1 party system and both have been bought off by banks and wall street? Did you see that the people got absolutely nothing from the coronavirus, yet the market is near all-time highs? Don't worry....nothing will happen, Biden...

This was an amazing inefficiency and great free money opportunity. It was off it's NAV over 20% and corrected reasonably quickly after. Surprised it took the week though to level out. Surprising there is free money like this sitting out there.