Search results

Let me elaborate on my answer Buy1Sell2. To RN's point, of course the institutions rule the roost. The problem I have with the concept of "they" is it gives a trader an excuse to be the victim.

Me neither RN, but all we have to do is see what they are doing.

But if the institution are selling, we need to be short and vice versa.

We are "they".

That would be an interesting piece to have.

The difference is leverage and number of trades. I am comfortable with about 20x leverage, some are comfortable with much more. That represents that degree of magnification of gains (or losses) on pre-leveraged capital. There is no way a portfolio of stocks can do that....it's a different game...

A 24% return on an investment portfolio is a good return. For a full time active day trader it does represent a waste of time....apples and oranges.

Yes, no one really knows what the percentage of successful traders is. Estimates are taken from broker data on account blowouts. I blew out 3 before I "got it", doubt if I'm unusual. We who do trade for a living know that it's a tough learn but that it's doable.

I don't disagree, but it's more common than the alternative. I wish my first blowout was only $5000.

A good trader trading a single futures contract can certainly make 50k on 5k. A very skilled trader can trade multiple contracts with 5k and earn multiples of the OP target. A newbie will dissipate that 5k like a fart in a hurricane.

In a "reverse merger", you acquire a shell, clean it out and put the assets in from the private company...cheaper and quicker than an fresh IPO. Can be a clean way to take a company out but often associated with sleazy deals,

They had to have been still restricted.

A fried of mine is a law professor here in the States. One day he was grousing about the corruption and incompetence in government to a French colleague. The Frenchman said "You need to do what I did, move to another country." My friend smirked and asked if he could expect better government in...

I don't live in "the swamp lands" just did undergraduate at LSU but I agree on fiber...other than that live where you want to live, not where it's cheap or expensive. Just make more money if it's the latter.

I wouldn't pay too much attention to the DOM levels. If you want to get a feel for actual transactions, put up a time and sales window.

A pleasure sir, and Texas is a great place.

The wetlands of Louisiana is one of the truly beautiful places on earth with great music, food and people. If you want to raise crops rural Kansas fits the bill, and as far as Detroit...well.... I hear it's coming back.

Exactly, there has to be adequate range within the consolidation.

I can trade chop, it's just more demanding.

More than a few times, I've walked away from a choppy market to come back hours later to find the cleanest stair-step patterns you would want.