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I trade multiple intraday strategies with holding periods of a few minutes. I only do S&P500 stocks, only market orders, long and short. Position sizes are $25k. When I total my daily total return, some days it underperforms theoretical and some days it out performs theoretical. When averaged...

Totally agree with what he's saying on healthcare. It has no basis in reality and is in some sort of twilight zone. Self employed people typically pay more than $2k per month on premiums for a bronze plan which barely covers anything and is not accepted by many providers. this premium grows 5%...

Exactly my thoughts. He's a great businessman and marketer. But any trading advice coming from him should be ignored.

BITO is actually really liquid and has a tight bid/ask with more than $1B in assets. The carry in the futures rollovers might become an issue if you're trying to buy and hold over a long term I agree. But for short term trading long/short that is not a factor to be worried about at all. Anyway...

don't know what the fuss is about lack of bitcoin ETF here. We already have BITO and BITI which I trade extensively. We even have ethereum ETFs now EETH and SETH.

wasn't sure if you were talking about Disney or that was just your nyc accent coming through :)

As far as I can see there are no more 'low hanging fruit' type edges or predictable patterns in Bitcoin in an intraday timeframe, any more so than equities. So I would say there's a high probability that she has been on a lucky streak. Unless she trades something other than Bitcoin such as...

And I'll bet there's also a pretty significant correlation + beta to the stock market.

Jeremy Irons nailed that role. 1000% Wall street executive swagger.

I satisfy my gambling urges with CME event contracts. Exchange traded and transparent.

this is a long term chart of Consolidated Edison. Look what it did during the 1970's inflation

Impulse move up in a very bearish environment. Personally I think it will tank coming into Monday's open.

Once in a while I dabble in discretionary trading with small capital. My main weakness with that style of trading is wondering whether an edge is eroding away. Also wondering if I started off with a lucky streak with an imagined edge. That's why my mainstay trading style is purely systems...

The US stock market has a long term upward bias - just the structure of the market. This is the SPX from 1927: Right now I'd say we're about the same distance above the regression line as we were in late 1999. So we may have some more upside until we reach the blow off top. Then the mean...

Be careful - you may be hanging on to lowish return + volatile money for decades if we are in fact in a major market top right now, similar to pre dot-com bust. If you had invested in VFINX (the Vanguard S&P500 tracking fund) in March 2000 just before the bust and held through today, your...

I don't think its necessary to have a high IQ for successful discretionary intraday trading. That's mostly instinctive where you're looking for repeating patterns.

Here's my data YTD. Looks pretty close. Maybe your graph is ignoring dividends?

Agree. I tend to come up with more nuanced and interesting systems while forward testing with actual money because there is actual risk involved. Plus, there are some human decision processes that are grey areas and not quantifiable and are impossible to backtest.

Yep I couldnt put in some of my EOD trades at fidelity today. This is a first!

Hope they formalize this. Lack of 1099 reporting was holding me back from rolling the dice with things like Elephant Money.