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I'm still in tears of laughter from reading the title. People who never traded nor have any clue about the markets complexities and structures call a bottom one month after the obvious economic cycle turned towards recession. Sounds legit boys, sounds legit. Don't forget to post your bank...

Correct. IB data is not usable for intraday trading

Honestly...I don't know what went wrong in your life but you should see a therapist. @Baron pls remove this ridiculously racist BS thread

Grab your banjo and your sister and crawl back to your swamp, mouthbreather

Guys, stop arguing over a potential bottom. This is just a stupid discussion, it's not 2008. It is not a systemic crisis like 2008 that was just a result of overleverage in a couple of sectors. The army is in NY, lock down in NJ, 2T $ direct injection which is half the GDP of Germany. This is...

https://www.latimes.com/business/story/2020-03-17/coronavirus-layoffs-work-hours-jobs closing in

https://www.nytimes.com/2020/03/17/business/economy/coronavirus-layoffs.html here we go

@TooEffingOld I don't wanna be mean, but IMO you should not be trading right now. I see another thread of you asking about limit prices. You have to realize that mistakes made because of the lack of basic knowledge cost 10 times as much as under normal conditions. Sit back, take notes, watch...

Yeah, but China actually did something. The US is still in "hold my beer, I got this" mode. Wait two weeks. As soon as first reports of people suffocating to death because they could not afford to be treated in an ICU, the panic will set in. There is a chance that this will become a 2nd 1929...

ok @Fabes, time to get real. WarriorTrading is indeed a fake. Read through the review here: https://www.tradingschools.org/reviews/warrior-trading/ Second, it takes about 1 year of daily full time dedication to turn from a losing trader into a break even trader, another 6 months to make a...

Look guys, I'm really not trying to be an asshole here. It's just that everyone who decides to go for it must realise how insanely difficult trading is. The barrier to entry is basically zero so your competition is the entire world. So if you're not prepared to sacrifice everything, you won't...

No money, new family, ton of responsibilities and no clue what you should be doing. A snowball in hell has bigger chances of making it as a daytrader. Do something else to make your change. Forget trading

Well, why do you think gold has not cracked 2k? My personal take and the only viable reason: People do not buy gold, period. Stop trying to explain things, try to understand what the people who are involved might do next. When everything goes to shit, why would I rush into an asset that has...

That's all nice theory and stuff but for the most part, it's just that: theory. Because it is asumed that you determine the frequency of the bet like you do when rolling a dice. Plus it asumes that you can infinitely scale your size up and down. And hint: you don't HFT aside (which is subject...

Exactly what I was trying to say. In the end you have to have an idea what's going on under the hood. It's not just charts. You have to have an understanding of your markets in order to anticipate the next move and lean on flow.

Guys, really, don't do it. IB - data is not realtime but a snapshot feed. You could as well just flip a coin.

The first thing you should do is getting a copy of Stigums Money Market by...you gessed it Marcia Stigum and Anthony Creszenzi. This should give you an idea how this market works and what's going on under the hood. The equities market is just a tiny subset compared to whats going on in the...

read my post and tell me where I wrote that they are not disruptive...

I'm not dismissive, I just point out the reality. If I was to buy a transport, I buy the fking cheapest piece of trash that gets me from A to B. If I want a toy, I get myself a nice 2 seater sports plane. So I'm not vouching for one brand or another. I'm a plane guy, not a car guy. When it...

Lol what?? Cmon, dude are you for real? Tesla is a laughing stock in Europe especially in the media. They fail all the tests, they burn down, they crash a lot, they are horribly built, impractical, too expensive and compared to cars in the same segment, they look like a mixture of a Kia and a...