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You could build good AI from ET alone- when the perma bulls throw in the towel go long, when they are giddy at highs insisting there is no down side - short it.

Liquid leveraged ETFs typically perform well when there a fairly strong trend - problem is they get clobbered in dull, choppy, sideways conditions. They are good for breakout/momentum trading - as long as price is on a run.

The OP was asking about making $1k a day on a $50k acct which is 2%. I took the liberty in showing how much you could make if you made 2% per day with compounding over 5 years. When your acct gets larger your profits should also increase. For example making $1k in a day on a $1M account is...

Correct - 2% every day with monthly compounding. The majority of traders & investors take advantage of compounding to make far larger gains. If your trying to make large gains without compounding you going to have to make way more than the traders that use compounding over time. Here is an...

If anyone could make 2% a day on an acct size of $50k, in 5 years with compounding they could pay of the U.S. national debt which is close to 29 Trillion. Do you really think you can do this? Good luck with that. $1k per day on $50k acct = 2% per day or 40% per month.

Another day another dollar, this time shorting NG overnight. Got to love the typical fall season volatility.

NG has been a wild ride for sure.

I am a fan of having a small. moderate, & large profit target. Here is an example.

The Fed is the whale in the U.S. market post 2008. It's not just their policies - its the volume of their trading that drives the market - that and corp buybacks...

Here is an example of following the whales in a dark pool(s). Alerted to unusually large trades & the chart had a possible 2b, went long just seconds before the breakout. The cyan arrow is when the trades were reported in L2. News about this company hit the wire about a minute later.

Yeadon's title was not "chief scientist of Pfizer," "chief scientific officer of Pfizer," or "vice president of Pfizer." The division he ran had nothing to do with vaccines or infectious disease and at the time of its closure in 2011, was focused on developing compounds that targeted asthma and...

When is the last time a 'flu' overwhelmed hospital ICU's?

The big uptick in Covid-Delta/V recently has been in students & children. It highly contagious, the age bar for vaccinations will keep getting lowered until this is under control. Its the poor, least educated & also those influenced by political, religious, or conspiracy theory dogma that...

Nixon took away the gold standard but gave us the 'whore on drugs' or was that 'war on drugs'?

Leverage is not defined by what you trade - it is the size of your position(s). Betting to big is much more harmful than betting to small. The Kelly Criterion for leverage shows that using leverage beyond 1.6x is not a good idea. A winning strategy without leverage becomes a losing one when...

Stop losses getting hit is like losing a few pawns in a chess game to get better positioned. Helps to view them as a positive & not burn much mental equity on a few small losers. I place my orders as a bracket (stop & target) at several different stop levels, making it harder to get knocked...

Excerpt for Green Trader Tax - the leading authority on traders taxes. There are many misconceptions about capital-loss carryovers. Many traders mistakenly think they can only utilize $3,000 of capital-loss carryovers each year going forward, so they worry it can take a lifetime to use up...

You can do this through Interactive Broker or Tradestation. IB - sort by largest trade number on the day

Put food service workers on the couch for over a year & shovel more $ at them then they every made & now they don't want to go back - what a surprise.

I try to detach from what I would like to make on any day, week, or month & focus only on taking my best setups with a reward-to-risk at least 3:1. About 90% of my annual profits are made from 10% of my trades - I have no control as to what calendar days these trades fall on. For me fixating on...