Search results

I think you can do this through Tradeovate. I am not using this broker but demo'd it once for the fun of it. https://tradovate.zendesk.com/hc/en-us/articles/360035750553-How-do-I-set-a-Daily-Loss-Limit-on-my-account-

India futures market is booming, it's overtaken the U.S. volume. The Niftybank futures does several fold of the ES (SP500) volume. India has single stock futures on most of the more actively trade stocks, unlike the U.S..

You have access into the largest futures market on the globe in India - the NSE.

The market is in flow blown mania mode as much so if not more then 1929 & 1999, this is when valuations don't matter now - but they will at some point. Got to be quick & nimble when standing in front of a freight train - haven't these clown billion $ hedge funds ever heard of risk mgmt?

The big short dude 'Michael Burry' thinks we have a passive investment bubble like the subprime/CDO in 2007. https://money.usnews.com/investing/funds/articles/do-index-funds-etfs-quietly-pose-a-systemic-risk-michael-burry-thinks-so

We all know retail is wildly bullish, how about the whales?

The big multi year bear markets often start when a mature bull mkt makes a parabolic move to new highs with the trend line getting real steep - just like what we have now. A proper bear market demands that it traps the masses of retail into a greedy FOMO frenzy before it plunges.

FOMO rally - small volume & rotten breadth on the QQQ/NQ with only 17% of the stocks making new highs. Always gets silent during a dip of 5% or more - when the market is at highs only then do the bulls speak of loftier highs. Dumb $ is doing what it does best, piling in at or near the big turns.

Good risk/trade mgmt is what separates the winners from the losers over the long run. A broker analyzed 43 million trades. The win rate was surprisingly high at 61% on some symbols & well over 50% on others yet the majority were losers simply due to their losers being far larger than their...

Here is a good article that breaks down why so many lose, based on a brokers study of 43 million trades. This is a good place to start. In a nut shell: novice traders obsess over entry signals & neglect risk/trade mgmt, winners make risk/trade mgmt priority #1...

Anyone catch the Obama buy signal at the exact 2009 bear bottom?

Yes - it is possible but not easy to time the mkt at the big turns, there are often patterns that are similiar through history. Win rates mean virtually nada, what wins the game is the sum of how much you make when right minus when wrong. Traders can & do go bust with win rates of 90% while...

The international trading contest requires the contestants to provide broker statements. The fellow that won last year was up 941%. These two are equity swing traders using price action with a bit of funnymentals to boot. https://financial-competitions.com/

IB has a sever reset every night - I wish this was not the case since this time of night the market is often on the move.

Powell has the ultimate edge! Sure sounds like a major conflict of interest since even presidents can't have a dog in the fight.

Do not travel overseas with you broker check book ledger. I got caught up in a 12 hour interrogation by U.S. customs over this. The dog hit on my luggage when flying in from Amsterdam. They found no drugs but went ballistic over my check book ledger. If you are relatively young & have large...

Another reminder - the most corrupt, poorest nations can make their stock market rise more than 1,000% in a year from printing currency. Powell has made millions in his personal broker acct from his printing binges.

I seriously doubt he is a pumper - he would have to be in low float stocks with lower volume & have a cast of many thousands that would dive in at his beckoned command. As far as I know he does not trade low priced/low float stocks.

Yea, that was awkward for sure but lets not forget that Minervini is leading the 2021 investment championship by a wide margin (+263%) using a funded act over $1M.

Japan has some very rich younger bedroom traders that started with small accts. In Sweden there is a retail equity trader closing in on $100M having taken a $30k acct up that high in about 9 years with a long term avg win rate of 25-30%.