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  1. 7

    Dream To Becoming A Trader

    Why do you think you would be a good trader?
  2. 7

    ChatGPT may be able to predict stock movements, finance professor shows

    The Medallion Fund from Renaissance Technologies has made many billions over decades doing this.
  3. 7

    How many years to get pro

    Most people, even on ET, never become profitable. Try to develop a personal relationship with someone who is doing what you would like to do and find a way to add value to their life, or at least see if they will have honest chats with you. Avoid gurus-for-hire as they are mostly hustlers.
  4. 7

    Which bank stocks are you buying?

    Bank of America and investment bank Jefferies.
  5. 7

    "Learn to day trade"

    This fellow should sell a new course: Learn to scam people with garbage day trading lessons.
  6. 7

    ChatGPT: One Page Manifesto on Day Trading & Trading Plan

    You need to have an edge and manage your risk. Try to find someone who is successfully doing what you want to do. Oh .. gurus-for-hire are mostly hustlers.
  7. 7

    I will make 100 % every month

    Having and edge and managing risk are most important. Self belief if unwarranted... well I hope so not believe you can fly if you jump off of a tall building. Posting your thoughts may help you understand your situation better so I hope you keep posting.
  8. 7

    large cap bid-ask spread and trading algo performance

    O slippage with limit orders is not accurate, because of adverse selection: Algos are allowed to offer 1/100th of a penny and sit in front of your order, giving you your fill when the algo "thinks" it is good for it to do so. Side Note: sometimes a fill is needed when a stock is moving and you...
  9. 7

    My wife's strategy...Let those option people come to me!! Novartis (NVS)

    Your wife should make no options trades of any kind Obvious reasons if you stop and think.about it.
  10. 7

    If most ppl lose when they try to win $$, what happens when they "try" to lose $?

    They mostly lose. You have reoccurring frictional costs when you trade, as well as other things to fade.
  11. 7

    If you see unusually high volume in puts what does it really mean ?

    Someone is hedging of someone is betting big directionally.
  12. 7

    Which bank stocks are you buying?

    Investment bank: Jefferies (JEF) Bank holding company: BVB Bancop (BCBP)
  13. 7

    Citigroup Inc. will going bankrupt up to a few days!

    Lol I am betting against this.
  14. 7

    How feasible is algorithmic trading?

    Algorithm trading has made many, many billions and is feasible and effective, just not for most ET posters.
  15. 7

    Market Keeps Stopping Just Short of My Orders

    If you wish to continue, you should try to meet someone who is successfully doing what you hope to do and seek advice and guidance. You may not be able to do this. Most gurus-for-hire and people trying to sell you expensive products will be hustlers. ____ Successful gambling and trading...
  16. 7

    Market Keeps Stopping Just Short of My Orders

    Sometimes the only winning move is to stop a behavior. Knowing when to quit and knowing when to continue is a sill. Reflect and evaluation as time goes on. BTW.. there are few winning manual at home day traders, including most people posting on these forums.
  17. 7

    Market Keeps Stopping Just Short of My Orders

    Here is a good book that explains a lot of obstacles a day trader faces. The author posts on ET forums. https://www.amazon.com/gp/aw/d/B01EFXO198/ref=tmm_kin_swatch_0?ie=UTF8&qid=&sr=
  18. 7

    Market Keeps Stopping Just Short of My Orders

    Adverse Selection of fills: Algos are allowed to front run your orders by bidding 1/100th of a penny in front of your order. If their fills then "figure" to go against them, the algos then let you get filled, often dumping their stock on you. The justification for the above is that the...
  19. 7

    Investment bank Jeffries (JEF)

    How would Jefferies be impacted by a Fed Funds rate of six percent, or higher?
  20. 7

    Tired of losing money every trading day

    You should press Max and Market on your tax efficient retirement account, year after year, decade after decade... assuming you have a long enough runway. If your account is self-directed, load it up with Berkshire Hathaway or SPY.
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