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    Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales

    @KCalhoun Are you still long? I only daytrade. So when I woke up this morning and it was halted with pending news. I said oh boy! I hope you are out of this thing. Be careful out there.
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    The Road to Consistency

    4/6/2020 Taxable Acct: Trade Zero ============= $1082.92 ============= Made $1082.92 despite having a rough sleep last night. When I'm tired , I tried not to be super actively trading. Glad to be green. $MSFT $AUY $HAL $LK. Lower than my recent daily P&L average. But not bad a day...
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    Beautiful Scalper

    Today I got up late because I had a rough night. (long story). Anyhow, I realized I'm not a superscalper in the sense I constantly trade. I'm more of an opportunistic scalper. I get in with size and scalp here and there. Today even with being tired and not to full form, I still bang out $1,006...
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    Beautiful Scalper

    I like to clarify my definition of scalping. I can make money scalping for as little as a penny to 10-25 cents on size. This is my normal profit per share but on lots of share to make it work. However, when a good opportunity comes I hold for dollar moves. So I do scalping and intraday trend...
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    Beautiful Scalper

    I started out investing, then swing. and nowadays pure daytrading for the last few years.
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    Beautiful Scalper

    Actually, I had significant experience in the financial industry and academic training. Top tier education(both top undergrad and graduate level, etc.) When I was in the investment management industry, it was for long term investment funds who hold positions for months and years. That was in the...
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    Beautiful Scalper

    I'm a scalper and now I make significantly more than my white collar tech job! But it took me thousands and thousands of hours to get to this stage. It's possible but not easy.
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    Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales

    It's been a very long journey. I'm at a level I only dreamt about years ago. I'm a totally different trader from even a year ago. But I'm grateful of being able to capitalize on all these market opportunities. Why are you trading options? Options are much harder. I have had some of my largest...
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    Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales

    This is one of my favorite set up. done it a bunch of times . Yesterday made over $9K on LK. I didn't have max shares on else it would have been much better. Next time.
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    The Road to Consistency

    4/3/2020 Taxable Acct: Trade Zero ============= $1935.61 ============= I didn't play LK today. I traded HAL and others. Only up about $1935.61 today. No #FiveFigureClub yet. One of these days soon.. :)
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    Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales

    I didn't play LK today. Are holding this for a swing trade? I only daytrade. I traded HAL and others. Only up about $1935.61 today.
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    Chinese coffee giant's shares dive 76 per cent after COO accused of fabricating sales

    I made a bundle going LONG it today near the lows and flipping it. When you know how to trade, everything is an opportunity.
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    The Road to Consistency

    4/2/2020 Taxable Acct: Trade Zero ============= $8132.77 ============= Up $8132. Briefly I was up $13K in LK but I couldn't get out due to the halts. In a halt situation, getting out on the way up is good even though it's suboptimal since it can keep going up. But i rather bank some profits...
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    Any rally will be short lived

    5min , 1min and daily
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    Supercharged Debt Bets Unravel and Expose Wall Street Risks

    https://www.bloomberg.com/news/articles/2020-04-01/supercharged-debt-bets-unravel-and-expose-wall-street-s-big-risk?srnd=premium For years, regulators have tried to make the financial system safer by blocking banks from taking on the extreme leverage that almost toppled the industry in 2008...
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    Yep another hilarious idea to prop up stocks,

    Just heard on CNN, they might need $8T to $10T stimulus this year. Geez!
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    The Hedge Fund Bailout Worked: Citadel, Millennium And Point72 Recover Most Of Their March Losses

    I'm an uber capitalist myself otherwise I wouldn't trade everyday. But this kind of bs that it is promoting "socializing the losses, privatize the gains". Basically, socialism for the rich and their wreckless gambling habit. If these quant funds were so good, then they should have used better...
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    The Hedge Fund Bailout Worked: Citadel, Millennium And Point72 Recover Most Of Their March Losses

    Over the years, Jim Simon's have said it directly or indirectly through various interviews.
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    The Hedge Fund Bailout Worked: Citadel, Millennium And Point72 Recover Most Of Their March Losses

    This is capitalism at its worst! Crony capitalism.
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