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  1. W

    IB Token broke...

    you guys are amazing IB is protecting you (and me) with the security tokens here's a little hint brokerage accounts are not required to be FDIC insured, and if you lose all your money because somebody fraudulently accessed your account, you are possibly TSOL if it's too much of a...
  2. W

    How much did you lose this week?

    last week was my best week this year if you trade futures, there is absolutely no short vs. long advantage (don't have to have shares available to borrow for shorts, for example). i make the most money in exceptionally volatile conditions. i actually prefer in some ways to trade narrow...
  3. W

    trading the s&p futures vs SPY's

    yes, ES reverses to the mean as time deteriorates (reverses to the cash price upon expiration) but that's because with ES you can put the extra money you would have to put up to buy the stock - in riskless T-bills and make up the difference iow, it's net-net neutral. the reason why futes...
  4. W

    Whew!!!! Thank God I made tremondous gains early on the year!!

    "This past week was terrible for most of us I presume. " why? fwiw, it was my most profitable week all year. Yes, my IRA didn't do particularly well, but my trading account made more last week than it made in the previous 3 weeks. why should bearish conditions be any worse than...
  5. W

    Outpacing the market

    i'm an accumulator of the metals of course i started accumulating in 1998, so that might give you an idea of where im at :) but i find them especially attractive here for an add i also like GSS, as a gold play. i like to buy it under 4 and sell it (scale out) over 4
  6. W

    RealEstate - THIS WILL BLOW YOUR MIND

    prolly true but remember everybody gets that 1 time 250 k cap gains write off and MANY of the homes hitting the market are first homes, so cap gains irrelevant (unless more than 250k or 500k per couple)
  7. W

    RealEstate - THIS WILL BLOW YOUR MIND

    all bull markets are remarkably similar yet, people still have disbelief it can happen (which is why it does) we have had a massive housing bubble. it's no different than 1929 and 1987 in stocks, or centuries ago in dutch tulips i have had (idiots) tell me you can't lose in real...
  8. W

    So who is buying ?

    you guys are having a semantical wank iow, talking past each other. using different definitions of "buying and selling" every trade has a buyer and a seller. so, yes there is ALWAYS the exact same # of shares bought vs. sold (and futures contracts too i might note) commonly, people...
  9. W

    So how many accouts got blown out today?

    with leveraged instruments like the dow futures with ETF's etc. there is no reason whatsoever a trader can;t do as well or better on a day like today, than on any other day frankly, today was one of my best days all year trade the tape and all days offer opportunities - whether...
  10. W

    I can't win in this market

    only a loser (which this website is full of ) thinks the stock market is 'fixed' the stock market is the greatest tool for wealth creation ever invented by man. it is also a tool for transference of risk and part of the engine that has created wealth for decades. trading is HARD. you...
  11. W

    Trading sucks, dont waste your time

    good point. even intraday trading should be BORING to paraphrase another trader - if you want excitement, forget your anniversary. but don't SEEK excitement in trading. my best trading is when i am coldly dispassionate. i would love to achieve the ultimate trading state (tm)...
  12. W

    Trading sucks, dont waste your time

    the entire premise is flawed. it's a false binary to say the least. one can (i certainly do) invest for the longterm, swingtrade for the medium term, and daytrade (i do futures) - the latter to make a living they COMPLEMENT each other. today is a perfect example. today was a DREAM...
  13. W

    The 1 ES Point REALITY

    i don't use any indicators in the sense of lagging/derived indicators (MACD, RSI, stochastics, etc.) my trading is based on market internals (TRIN, TICK), intermarket relationships (dow to bonds to key sectors), market profile, and pure price action (tape reading and chart support and...
  14. W

    The 1 ES Point REALITY

    y'know i love traders with attitudes like this this is why technical analysis works, and trading can be so lucrative one reason: retail traders who think they have it all figured out, and who care more about how much they can make, than in controlling risk and making positive expectancy moves
  15. W

    Dubious rally today.

    the AD line is very reliable. it tells you what the AD *is* it is only UNRELIABLE if you think it's a trading signal based on some nontested negative expectancy trading idea. the AD, unlike many indicators is not derived. iow, it is not (like RSI, MACD, etc.) a formula applied to past...
  16. W

    Dubious rally today.

    "I think the markets are manipulated, the futures are the only reason the market is making new highs." loser-meme 101 (TM) "THE MARKETS ARE MANIPULATED" let me clue you into how the markets work. when demand exceeds supply at a given price (or price range), price moves UP when...
  17. W

    Do folks like TDAmeritrade?

    i primarily use IB for trading YM and ZC (ecbot), which only use one book (for each), so the routing is kind of irrelevant for those... in the case of stocks, i have found their "smart routing" works very well. i am not big on watching L2 in general. i think the edge there has largely...
  18. W

    Do folks like TDAmeritrade?

    i stand corrected.
  19. W

    Do folks like TDAmeritrade?

    actually, IB is $1 for 100 shares, but the price goes down as you buy more shares, so 500 (at once ) is not $5 if i recall correctly, it's about $3.50 the prices vary a bit if u use unbundled or bundled pricing. i use unbundled for futures, and bundled for stocks with them
  20. W

    Do folks like TDAmeritrade?

    i am aware that medved's software works with both AMTD and IB fwiw. i use it. IB Izone does not provide direct access to the book. it is $3 per trade - flat. i have all the apex features, but do not trade through Apex due to the higher commission
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