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    Start of a bear market - DJIA January 2018

    SPY 220 very possible, SPY 160 also possible in next 12-18 months. When major corrections occur, the downtrend is protracted over time and hovers around 50% of the peak values. P/E ration of 31x on SPX is a solid bubble territory. This is further supported by near parabolic nature of charts...
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    Pekelo explains the sell off

    SPY 220 coming soon to theaters nearby.
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    Fan in workstation Making loud noise

    Open it up and brush away the dust from the fan and other areas. Check the youtube vids on how to open specific model of computer or laptop. Type in the model name and do the search etc.
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    Trading experience eliminates the reluctance to realize losses.

    Traders should instead be like "machine operators", switch on and wait for the run, switch off if stop or target is hit, although machine will do the later automatically.
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    Physics Vs Prediction in Trading

    Predicting fundamental "events" is 10x harder than technical outcomes. Good example of "stock tanks on very positive results". Why? may be because despite good earnings a pharmaceutical company had a major drug research "disapproved" by the FDA or a competitor makes an announcement of better...
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    Physics Vs Prediction in Trading

    10% a month? how many top guns out there on retail and institutional level gain 10% a month each single month. Anyone giving 2% a month, year after year is in the top 1% of traders. Also, price patterns "are" predictable and you have to be able to predict when a pattern will work and when...
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    Trading Ranges, Support, and Resistance

    A very long book Trading Price Action Bar by Bar written by Al Brooks. I tried to read it several times but did not get beyond few pages. It is kind of very intense read. Support and Resistance trading can be profitable if you get a hang of it i.e. when will the level hold and when will...
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    1.8% Profit per Day Compounded over 220 Days

    Heck, put 1.8% per month for 20 years compounded and see how many boatloads of raw currency one has.
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    How certain are you of the trades you place?

    I think it was some thread to do with real life experience from prop trading. It was on ET for sure and it was recent like 2 weeks or 4 weeks at most.
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    How certain are you of the trades you place?

    Good thread for trade psychology. Read recently on ET about a successful trader who would play video games and poker online all the time.................in wait for the "right" trade set up to form and then he would get in with high confidence.
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    IB third party wire transfers

    I have heard of cases where hackers have stolen 100s of millions to total of billion from banks. In turn, banks just sucked up the losses "quietly" as making them public would have resulted in customers closing their accounts in hordes. In one case of lady that I knew, $4K was taken away...
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    IB third party wire transfers

    What stops these hackers from attacking the banks and wiring funds from there. Don't tell me the cybersecurity at IB and others is any less than the standard banks.
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    willstockpicks.com

    This from the disclaimer section on the website. Make your own conclusions. WHERE STATS FOR ACCURACY AND PROFIT is USED we have a tendency to take into account THE HIGH OF THE DAY TO BE THE PROFIT AND we have a tendency to USE OUR OWN JUDGEMENT FOR CUTTING LOSSES. WE USE AN affordable...
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    Former Head of Barclays New York Foreign Exchange Operation Indicted for Orchestrating Multimillion-

    Wonder how the Feds got hold of this conversation?
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    Two Years of Trading Dangerously at 84% Annualized Returns

    Is it the Martingale Strategy that you are employing i.e. more price goes low, the more contracts you add to the position. Very risky and especially if one cannot get the courage to bolt out of the trade once certain threshold is reached.
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    Two Years of Trading Dangerously at 84% Annualized Returns

    I don't trade options at all so might be badly out of the knowledge loop............ but 10K trades a month sound like too much for human brain to handle. Can you elaborate a little. Is it 1K or 10K?
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    Two Years of Trading Dangerously at 84% Annualized Returns

    Good Job !! How many trades, win/loss % and most importantly most of the returns from stocks or options?
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    Conservative Vs Liberal Investors

    In the above picture of the hordes, we can see......Orientals, Jews, Eastern Europeans, East Indians, Muslims, Africans, Mexicans. However, strange presence is that of Native Americans. How come natives have become a foreign horde immigration to America. The kid is white and blonde and so...
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    Conservative Vs Liberal Investors

    Usually under democratic governments the stock markets perform much better at least in the US. Conservatives as investors take low risk decisions in personal investing but go for high risk and illogical decisions on the collective i.e. governmental basis.
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    Help: Canadian Setup

    Nothing beats Interactive Brokers IMHO.
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