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    SEC fees on zero commission platforms

    Equities. It's like this every single day. The difference is not always this small.
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    SEC fees on zero commission platforms

    Tradezero
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    SEC fees on zero commission platforms

    Hey ETers, I use a zero commission broker(TZ). While I don't pay any commissions, I still have to pay SEC fees like everyone else. According to the SEC website here: https://www.sec.gov/news/press-release/2020-7 "he Securities and Exchange Commission announced that starting on Feb. 18, 2020...
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    Trader Loses $377,000 Day Trading TSLA

    He's up over $1M this month so far. Sweet. I would have liked a lower max loss. Pretty scary.
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    Trader Loses $377,000 Day Trading TSLA

    he blew his account when it was small. He had a full-time job as an mechanical engineer and saved up money. Eventually he got good enough to quit his full time job to do trading.
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    Trader Loses $377,000 Day Trading TSLA

    He started with $6k and made $. After all these years of trading, he doesn't have $50K? WTF?
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    Trader Loses $377,000 Day Trading TSLA

    But remember it took him YEARS and YEARS to get here. He blew up his first few accounts ike everyone. Then got better. If you bother to listen to the video posted, then you would have known about his history. I watched that a long time ago and have respect for the guy. He started out with $6K...
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    Trader Loses $377,000 Day Trading TSLA

    You gotta remember this is trading and not charity work. I know some people have free discord channels etc. He's running a biz so he should charge people for the service he provides. That's how it works in capitalism. Now, I think his sub provides stability of income. But since May of this...
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    Trader Loses $377,000 Day Trading TSLA

    He made it back:
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    Trader Loses $377,000 Day Trading TSLA

    Madaz is real and legit. I was a sub to his chatroom for like 1-2months then I cancelled. I saw him call these types of trades out in real-time. So it's real. But his style is not for the faint of heart. That's why I cancelled the subscription. When he's on a roll, he banks it. But when he's...
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    Scalping - no trend days

    I've been doing swing trading too because I got busy. Looking back, I think I would probably made 100x more if I just swing trade. And a lot less stress. Not that all of my swing trades win. But when they do the wins are significantly bigger than the daytrades.
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    Scalping - no trend days

    I NEVER said I don't do trends for scalping! What I meant is I stopped countertrend trading EXTREME moves! It's gone up a lot doesn't mean I should short. Or it crashes a lot I should automatically long(though there's usually a bounce). But if you are a good scalper it doesn't even matter trend...
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    Scalping - no trend days

    If you are a true scalper then no trend days can still be very profitable. In fact, some of my best days have been no trend days. Ironically, super duper trendy days have been catastrophic for me in the past because of my countertrend trading habits. I would go with the initial trend. Then when...
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    Somebody blew out today

    Some NFLX calls went up 5x intraday! I wished I was in them. Hindsight.
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    Parabolic move is what we are witnessing..8-2020

    I remember those times. There were mutual funds starting that focused a 100% on just tech stocks. They were popping up everywhere. Most of them debut right at the top of the market. They probably top ticked those prices too. Then in 2001-2002 most of those mutuals were down 80-90% and shuttered...
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    Parabolic move is what we are witnessing..8-2020

    I daytrade equities nowadays. Just for kicks on my IB sim account I put on 11 NQ lots and before I know it's up again. I sold. Then later on I bought again. It went down 11 handles I sold. Stupid me. Minutes later it went up 30 pts from where I sold. Albeit this was on sim. Just crazy. All...
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    snowflakes IPO

    When does it officially trades?
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    Madazmoney, scam or legit?

    Are you still a sub on his channel? I was on a sub for only 2 months. While some of his calls worked out wonderfully for him, I don't think his style is that easily replicable for the average piker in his room. He would average in(sometimes average down quite a bit) before it goes his way. In...
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