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  1. rb7

    Intraday trading is easy

    Congrat! For how long have you been profitable? Days, weeks, months, years? There was a proverb when there was still trading floors. It was something like, "You're as good as your last month".
  2. rb7

    Sticking to the Plan...NOT!!!

    Congrat! That's really good, you didn't lose any money today. Next step is to trade while still not losing money. It's Friday, markets are closed tomorrow, meaning at least 2 days in a row without losing.
  3. rb7

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    Lol... There is so much happening behind the scene... So many different type of market participants, each trying to make money their own way. There is so much more than the retail world!
  4. rb7

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    Sorry, but it doesn't work like that. Retail order flow is pure gold for MM and pros. Not because they can get it at a cheaper price, but because retail orders are mostly on the wrong side of the market. You know, many exchanges don't charge transaction fee for Public Customer orders (retail)...
  5. rb7

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    I don't know in which market brokerage firms make spreads (except Forex). But in North America, for Futures, Options and stocks, they don't. Retail flow is what all pros are starving at. You'd have to be on the other side of the fence to believe it...;)
  6. rb7

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    RH don't have anything to do with the spreads. The business model is based on the PFOF (Payment For Order Flow). You can't imagine how much money they can do out of it.
  7. rb7

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    PFOF (Payment For Order Flow) doesn't necessarily means that customers get screwed. Public Customer orders are the real deal for Market Makers. It's where they make the most of their dough. And they don't make money by screwing Public Customer (aka retail). They are making money out of them...
  8. rb7

    Need Laptop advice

    +1 That's my actual setup, although my system is fully automated. You can't get any lighter and easier to carry than a Surface Pro.
  9. rb7

    Tradestation randomly closed my account...

    Original Poster (you!).
  10. rb7

    Tradestation randomly closed my account...

    I'm under the impression that we are missing some info from the OP...
  11. rb7

    Lottery Trading

    He probably refers to 'Moving Average Envelope' instead of 'Maximum Adverse Excursion'.
  12. rb7

    Calling on all professional crypto traders...

    Vino on Friday night and at the same time posting on ET is not a good mix...:D
  13. rb7

    Sticking to the Plan...NOT!!!

    If you can't be disciplined yourself, the only way left is to automate your trading. It might not be easy, but who said that trading would be easy.
  14. rb7

    You're a Liar

    Seems like you had recent bad trading days... When vol is high, guys making money are making more, guys losing money are losing more..
  15. rb7

    What happens to a buy market order if no one is selling?

    Some option exchanges reject a market order when there is no opposite limit on the order book.
  16. rb7

    Sim vs Real Money Trading

    Trading for a month in SIM, is not enough. I know that we all want to go real and collect the dough, and it's very tough to extend the SIM period, specifically when SIM is going well. Also, not all SIM environments are created equal. That makes a big difference. Did your SIM was really close to...
  17. rb7

    "The Crash Is Coming" - Fred Hickey Sees Gold Gains As "Money-Printing Never Works"

    Can't wait for the next one ($$$$$$)...
  18. rb7

    "The Crash Is Coming" - Fred Hickey Sees Gold Gains As "Money-Printing Never Works"

    Zerohedge is calling for a crash each month since the last 5 years. One day, they will be right. Even a broken clock is right twice a day...
  19. rb7

    Do options MMs see hidden spread orders?

    There is no such thing as 'hidden spread order' in the US options market. And yes, Market Makers can see them.
  20. rb7

    Does Technical Analysis Work?

    Can you build a house with an hammer? Some can, some can't. The important thing it's not the tool, but the ability to use it. Some guys can craft amazing things with a simple knife. It doesn't mean that anybody can do the same. So my answer would be: Yes, No, Maybe, it depends.
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