Search results

Truly smart people do not brag about their IQ.

Here is the symbol used at IB (MXEF). The daily range is about $1,000. I have not traded this one before. With other brokers the symbol may be EEM.

If William O' Neil was alive today no doubt he would have been in NVDA.

The middle class has been on a decline since 1970 thanks to government & Fed policies.

Buffet dumps his airline stocks during the Covid panic.

Most traders are fixated way to much on their daily PnL when it should be on self analysis. Small constant improvements over time = dramatic change. I stumbled on this video - this is some good out of the box advice from an 8 digit trader.

The lower VIX volatility for this time of year may be typical.

“Not losing big is the single most important factor for winning big. As a speculator, losing is not a choice, but how much you lose is.” Mark Minervini

Paul Rotter in a 2015 interview said that due algo's he had become a mid to long term trader using smaller positions. Its amazing he did so well when he scalped with large size from the effect on the market. Seems like all of the big time wildly successful scalpers adapted to using smaller...

There is some edge gained from using historical market data(past patterns) that requires putting in the work & the creativity to have thought of it. If lazy noob's are spoon feed this data from AI in the future that edge could perish - or maybe not since you could give noobs the high/low of...

Your risk adjusted returns over a 2+ year period will give you a good indicator of your chance of doing well going forward. Everything else is just noise.

The broker's disclaimer "your screwed if it's a technical problem - you losses, not ours" When the error is in the favor of the customer the tune sure changes. Who knows how many customer's got screwed with their 'stale quotes'. This could backfire on Gain in court & cost them a lot more.

Entering in bull or bear traps is my favorite next to gap fills. Here is an example of traps. .

BBBY filed for a chapter 11 bankruptcy - there shares are worthless now, the stock is likely to get delisted. The shorts already won this. The retail brick & mortar apocalypse grinds on. Who will be next?

The Fed is always stupid, always wrong, always lying. They create mega bubbles, inflation, and the transfer of wealth to the richest 1%. The Fed is drunk from the punch bowel they have been spiking. They think they can be the central planners of the economy - beyond delusional.

Most hedge funds fail, the lions share of clients are in the top 5% of them. 100% of all mutual funds fail to beat the S&P500 over any 5 year period. Last year into Oct the hedge fund avg was -15%. The distribution of losers goes far & wide, its not just retail fish.

Experience is everything & few are cut out for trading to begin with. The goal of a trader new or not yet profitable should be to stay in the game long enough to gain enough experience - most churn out way to soon from taking on way to much size in relation to their skill & acct size, over...

A potential short signal from the clouds.

The fight the Fed rally - seems like the herd is trying to front run a Fed pivot, this may not be such a good idea.