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Dustin, don't get me wrong, I agree with your thread title but I think this thin market is actually coming to a sweet spot for individual traders of a certain size (goldilocks?) I would imagine not only is it hard for beginners, but the traders used to taking size positions are having trouble...

Are we talking about the same market? We just got through the peak of earnings season and the volatility in certain individual names (AAPL, AMZN, BIDU etc) brought back memories of 1999. Also, 3 one way trend days back-to-back-to-back this week -- hopefully this is a sign of things to...

Sure in real life, you would never just come flat out and critique a trader's profits or or give unsolicited advice. But do you think neke posts on an anonymous forum just to brag to strangers? He lays his net out for all to see, I would think it's for more than just massaging his ego...

Yeah go for the smaller moves, the smaller the better -- this way even the noise is tradable and you can pretty much have action all day long. Let's also try to give your broker as large a percentage of your gross profits, after all it's only fair, there is no i in team.

Lol mb (the time sure does fly), thanks for the correction. But the gist of the post remains the same, and it wasn't written for you personally. I can tell already you've contributed many constructive posts with well placed f bombs :)

I believe partly what he is referring to is the fact that Neke's nominal returns certainly are impressive, but what kind of positions are he putting on to get them? He is day trading 5-figure share sizes (or the equivalent in options) in stocks like Amazon, First Solar, even Garmin -- volatile...

The plain truth is that it's just damn hard for any beginner to understand how the market really works. There are traders at my office who have been there for at least a couple years, and they are still struggling, still grasping at straws, they will make money for stretches at a time but once...

When I read the thread title, I thought "ok, here's someone who is finally beginning to see the light." Was surprised to see it was a farewell to the business. Good luck to you.

Lol, do you realize you could say about any instrument where you're not using margin? "All you need to do is (keep) averaging down (with unlimited funds) somewhat" to make money. You can turn a long position initiated at the height of the internet bubble, now a penny stock, into a winner...

Being right on price movement and being right on guessing an uptrending market at new highs = the top are two completely different things. Ok fuckhead?

We're probably going to gap through the closing highs monday. Light volume pseudo-holiday move higher is in the cards. edit-- wait a minute, are we already there?

The real point is, why close yourself off to one side of the market? If you've got this big bet you've made declared to the whole world, obviously it's going to hamper you on taking any long side setups; meanwhile you will have to hold out for your home run short to play out (I dunno, maybe...

Never too crowded when the talking heads on cnbc keep saying it's crowded.

How do you "take advantage of luck" ie profit from the truly random? Wouldn't you have to know at what times you would be "luckier" than usual? If it were possible, casino-goers the world over could apply the same concept and beat the casino regularly. Substitute "things change over time"...

How about your own broker (or the clearing firm behind them) that knows when you're about to hit your forced selling point? Imagine having access to the information a risk monitor would have for one of the larger retail brokers/prop firms; wouldn't that be great information to sell to any...

1,2) Stocks -- the ability to read the tape (as opposed to futures which are alot more opaque) is commensurate with your ability to read your opponents at the table. Certain stocks/sectors have certain personalities: liquid names vs illiquid, nasdaq stocks vs listed, etc. Find a group that...

Why does nyc suck so much in this department? Time Warner can sit on its ass all day until FIOS gets serious penetration. Meanwhile I can barely get 3-4 mbps when I'm paying for 10. edit: ok now I see we're getting offered 50mb here as well. But again, does high bandwidth necessarily...

Or maybe you need a 4) Traders who perceive themselves as successful but have no other outlet where they can share their knowledge/boast about their life achievements? Or is this just a variation on 3) attention-getter? Why would anyone need to question other people on a message board on the...

It's amazing how much of an artform trading is, not only because there are innumerable ways to trade successfully, but also because you become the trader that you were meant to be. Psychologically, trading is all engulfing -- there is no more honest a mirror than your monitor while you are...