Search results

my suggestion: never day trading why? in a day session, time is so short. the intra-day chart is hard to predict, like gambling to me. but in a long-term chart,it is easier and reliable to predict, if added some fundemental study, it is very reliable to predict. look Down is at...

that is why I left most of trading from IB. IB does not allow intra-day margin future trading in my Roth IRA. that hurts lot, since my leverage dropped too much! Even in normal situations like regular margin account,future margin reqirement is too high! so I changed into option...

IB founder. Thomas Peterffy was born in Budapest, Hungary in 1944, in a hospital basement during a Russian air raid.[2][3][4][5] He emigrated to the United States as refugee in 1965 to escape communism. Peterffy abandoned engineering studies when he emigrated.[2][3][4][7] When he first moved...

on the contrary. you should always aim for turning 2500 into 1m the first year otherwise you find yourself you are not taking trades, you are managing to avoid risk, i.e., the reward.you may backtest, you may study too manybooks/materials/tutorials, in a sense,sit before the computer watch...

trading needs focus, but you donot need pay attention too much. trading is really boring when you get it. follow the common sense, buy low and sell high is boring sell high and buy low is boring. when I see hype, I sell. very boring, then when people lost hype,I cover. those...

I will proundly tell them I am a work at home trader. the problem with this reply is often invite dicussion about trading/investment. they will ask whick stock to buy? or they will tell stories about how someone made a killing or lost a shit I am not interested in dicussion, since I...

proud of myself being a practical successful trader

people come to trading often forget their goal: to make money not try to optimize a strategy not try to develop a system not try to find ways to control their emotions not try to design rules which a trader can not follow not try to write journals very simple make money...

trading is an art, not science. people are mislead byindicators, TA,... they think in trading there is some science there. they back tested, try to assign a probablity about an setup/event, if that setup's probability is greater than 50%, then they think they get an edge. I was mislead...

the chance to gain in catching a kinfe is higher than to buy a top.

add this fact, the chance to buy top is higher than buy a bottom. look, from 2000 to 2013, we just have two bottoms. but we have lots of tops, avoid chasing is a good way to avoid buying top

only index has this tendency. individual all follows a BOOM and bust cycle, no matter how great they are. just like human being, and indiviual person. human being as a kind, always progress. but indivivual person always follow thepath of birth, growth, stop growth, aging, death. very...

curious who bought the NQ top today, anyone who bought 15+ is top buyer? stand out and report here, please, let's have some fun, so let you be shamed, next time you will not be a sucker anymore

inbalance law things always tend to go better and better or things always tend to go worse and worse never between (time between is very short) look for inbalance key point is the success key

belief law if you believe in it, it works if you do not belive it, it does not work just like your religin belief if you belive in God, God gives/grants any wish you want if you do not, you will find anything you wish/hope/expect is not what you do when I buy Nq in the drop, I...

to a trader, never need know what is manipulated or not. but you do need to know how the game is played. did you remeber HLF? I made good money on HLF's big drop(I buy) dog bite dog, wolf bite wolf Muddy Waters is a joke, he just had good capital to let this happen and profit it. His...

I made 2fold gains on 177 puts. thanks FOMC. interesting? no. it is fun to see people lose money in this BUY TOP and sell bottom game. make money is easy in trading too easy, just less than half hours, my account is doubled again! since lots of people are just world class level naive...

fade the news, fade the government is a pretty productive strategy. when the best news there, you will see the market drops when the worst news there, you will see the market rallies since before those news, market already factor in those things. market always look far beyond current...

people buy high is driven by greed. most high price is already factored in, so it is non-sense to chase HIGH. when NQ dropped to 10, and 7.5, I feelt it is cheap. I made another killing from another side. I am buying put on SPY this morning, I do notr expect another SPIKE after...

NQ's move wave proves wall street is full of manipulations. glad I hold through this manipulation, and even averaging down with another 3k shares at 8.5. almost shaken out! thos bastards need be put into jail! why SEC didnot investigate, and forfeit their profit? sold 5k shares of my...