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  1. luckyfnlou

    Pandemic has killed globalisation, says Carmen Reinhart

    I know we have traders from all over the world. I am for independence everywhere. I am happy for my UK friends... I hope the Brexit transition is successful. I am American and I have a bias against China. I am looking forward to a resurgence of "Buy American" and "Made in the USA" Will Buy...
  2. luckyfnlou

    Popular daytrading account size

    I love the cocaine analogy! I'm glad my early trading days were with small accounts so I understand what PDT and margin calls are. It'll be interesting if the new covid traders are staring out well capitalized and trading before they understand the risks. Time will tell I guess. My greatest...
  3. luckyfnlou

    Shorting W... what else should I short?

    Also... I never have undefined risk shorts on individual stocks as I'm too chickenshit for that. Figured I'd add that in case any new traders are thinking of that. Some traders are good at shorting individual companies but I prefer to limit my risk with options.
  4. luckyfnlou

    Popular daytrading account size

    2% a month... that's more my speed! Thank you Hafez for sharing your 90s blow up. I had mine in 2009 when I thought I was ready to switch from swing trading stocks to day trading options. So what's the best options to start trading on... TZA of course. I'll wait while you finish laughing...
  5. luckyfnlou

    Shorting W... what else should I short?

    Thanks... I will add LYV to my list!
  6. luckyfnlou

    Got Jobs?

    This made me think of that old tv show Sliders... that show should still be on the air!
  7. luckyfnlou

    Small Exchange Kickoff

    Perfect timing to open an online casino! Genius.
  8. luckyfnlou

    I Got this one wrong guys.....

    everyone expects market to pullback after opex so lots of puts being rolled or started. Going to be an interesting May.
  9. luckyfnlou

    Shorting W... what else should I short?

    I'm stalking still. I'd like to see it higher.
  10. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    Yes, it is important to find a broker that is best suited to trade what you want. I don't do forex so I have no idea which brokers are best suited and what commission costs are for them. My comment is that we are living in the best of times for commissions as they are at all time lows for...
  11. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    funny thing... nobody wanted to give their services away back then. Now... everyone just wants your money. I'll take today for 1000 dollars Alex.
  12. luckyfnlou

    Shorting W... what else should I short?

    W should be trading between 60-80. Covid has made it a crisis stock. It will crash when it becomes apparent they can't make a profit. I hope they go higher to increase my short but for now my small short is in play.
  13. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    Scottrade! Awesome... I started at Waterhouse... TD took them all over.
  14. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    15 years ago! That is awesome!! OMG 15 years ago Smith Barney got 50 clams on each end of a trade if not more. Discount brokers still charged $14.99 or more. Crazy we are now at ZERO!! Hell, options were very expensive 15 years ago now most of us have no base fee and a tiny cost per contract...
  15. luckyfnlou

    Shorting W... what else should I short?

    open ended profit usually requires really good timing to offset time decay. I use option plays to offset the time decay but it does limit gains. The only open ended move is likely to short with insurance via call options so some drag.
  16. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    You are smart enough to understand game theory. Poker IS a zero sum game for the majority of players. If you have played as much poker as I have you know that. Certainly not the anti-thesis.
  17. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    You are thinking of poker... trading isn't a zero sum game.
  18. luckyfnlou

    Everyone Is becoming a “Trader” during lockdown

    I doubt old timer traders would use robinhood. Isn't all robinhood trading done on cell phones? I tried to learn what I could on their website to understand why anyone would choose them over so many great established brokers. Of course some brokers are better at certain things but I can't figure...
  19. luckyfnlou

    What's Your trading plan if markets keep selling?

    I don't expect much until we get past Friday so my short positions are very small right now. I took off my last long today and stalking my short entries cautiously. I'll likely put them on Friday afternoon or early next week.
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