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The plus points are they have a great selection of platforms to use. Commissions are ok. Decent for a retail broker (but not great if doing minimal volume). I find the customer service very hit and miss. They answer quickly but can be rude and abrupt and unable to answer several of my basic...

Yup agree with that. I don’t think there’s any other business with the ease of entry of trading. To be able to data mine and then test those ideas out with almost instant feedback is so powerful. And it doesn’t take much to get started. I’ve seem guys start with 5-10k and build fortunes. Other...

Yeah I agree with the fitness aspect. I’m also into that. I enjoy tweaking my diet/workout to get different results and also the discipline and progressive improvement aspect of it. But left that off the list as I guess thinking more about financial pursuits.

i find trading so unique. I suppose the best analogy I can find is a ‘real life computer game’. It has all the appeal of a computer game. You go into your own world and solve puzzles by anticipating moves and building strategy. You turn the computer on and you’re instantly in the ‘game’. Only...

Very helpful. Thank you

Jigsaw only has data for today I believe. I think seeing how volume acts around a pivot high is very important. It’s far more important than just a mark on a chart. Did the buyers really try and push in through. Was it rejected quickly. Was it a passive seller absorbing. Was it a lot of two...

Yup there’s a lot of nuance to it. But a lot of edge there too

I know what you mean Robert. But actually this info means you don’t have to store it in your brain. You can scroll back 3 days and see a big seller sold 10,000 S&Ps at the highs and next time it gets up there you have that information. The alternative is stare at the ladder all day watching...

Hi All, Is it only MarketDelta that provide footprint charts (historical bid and ask volume at each price, ideal for order flow traders)? Or do other charting packages also offer something similar. My broker not supporting MarketDelta anymore for some reason. Thanks Tom

Hi, Just a bit of a thought experiment really. In my 15 years in the markets it has changed so much, these are some of the changes i think that made the biggest impact, on me at least, but if we have a crystal ball what will the next 10 years bring? When i first joined there was a lot of ex...

Hi all, I think i have this right, i know different countries are different but assume largely similar. If you own a limited company you have corporation tax, dividend tax and capital gains tax. In the UK you pay Corp tax on the company's overall profits and then a tax on the dividends you...

Depends who he is up against I guess. A crash in the economy and a hard left guy promising a magic money tree of spending and Trump will almost certainly lose as the blue collar workers he appealed to will probably desert him. A polished career politician will probably lose to Trump through as...

Not sure what your point is? Are you saying Bernie and co are following the social media tribe so unlikely to be a problem so don’t worry about the tax. Or that we the traders have got the wrong end of the stick as to what the tax is ?

A wealth tax is even more idiotic than a transaction tax. How do you measure someone’s wealth? Their bank balance? So just buy jewellery and art and stick it in a safe. Their business net worth. That’s impossible to value unless it’s on the day it was sold to a willing buyer? Same goes for...

Agree with you in sentiment. The problem is it isn’t going away. It’s more popular than ever. In the U.K. we have former Marxist as shadow chancellor (for the Non Brits that’s who would decide tax rates and spending if the leading opposition party got in power) Students are actively promoting...

I agree about the adapting thing. But going longer time frames does make a difference i think to the opportunities available. Intraday scalping allows one to turn over their inventory and compound returns. If you go into a draw-down for 15 trades before you make a new equity high in day trading...

Its such an idiotic idea. Financial services are one of the biggest cash cows to government revenue, this will just cause higher costs to the end user (you think mortgage companies are going to take the hit when hedging interest rate exposure or airlines hedging fuel exposure), lower tax revenue...

Hi all, Anyone have any idea how Sanders financial transaction tax works? It is proposed at 0.005% on derivatives trades. So take bond futures. They have a $100,000 face value. So that would be $5 tax per trade. Assuming that is each side, a buy and a sell, thats $10 in tax per trade. Pretty...

Socialism is for the rich. They are the only ones that can afford it. Once the middle class that are the obedient powerhouse of the country get fed up having their money and possessions stolen it doesn’t take much at all to get them voting against it. Trump shows anything can happen when...

Regarding spoofing, it is not a problem, I have made some of the best money i've ever made from spotting spoofers. They stand out a mile. They have been clamped down on a lot by regulators. I wish there was more of them. You see size appear on the best 3 or 4 bids showing double the volume...