Search results

If there is no comm/tax, then probably half of traders might be a winner, like in home poker. However most frequent traders (95%) shall end as a loser, since he is expected to pay at least 500K to 1000K during his entire 50 years in trading (30 to 80) My friend told me spent 20 year in...

Agreed. Most traders spend 50 years (from 30 to 80), with expense of at least 500K (based on my friends) in tax and commission. Trading is one of zero-sum game (with respect index in equity trading), so he should win 500K before expense to make it even after expense. Therefore 90% of traders...

Appreciated.

Take time please. Appreciate if you go to office next week.

Dear- The SnP500 list is found at https://en.wikipedia.org/wiki/List_of_S%26P_500_companies Now how to convert the list in the webpage to csv format file? Thanks in advance. -Jay

Already there is no driver in SOME train in some country. It is not a difficult work to make new train. Hugh saving in driver labour.

Based on the above chart, roughly half is winner in SINGLE day if there is no tax+commission. However, for the 50 years (from 30 to 80), since expense (tax+comm) is accumulated a lot, the above explanatory chart might be true after expense. Tell me how much you paid tax+comm last 10 years. I...

Personally I have no complaint if the following condition is met. For example, one may lose money (underperform index like SnP500) in ONE year, however every two years shows winning(ourperform index) by roughly annual 10 percent. Therefore if one start with seed of 100 unit (it can be 10K or...

I agree that office is not worth to pay extra and SB might be a good choice. However hope to find a joint coffee shop for traders, at least near Wall Street. If not, let us to make one. Trading logic does not need seeing each other, but we need (offline) talks about automating. Personally...

Good and helpful comment regarding security concern.

It might be a bubble, paying useless money for place to stay. I hope there is a place like StarBucks (cheaper than WeWork) in Wall Street, for ETers to see each other. How about every Wednesday and Saturday afternoon at specified SBs...?

If there is some place where IB traders gathers, I would like to fly NYC to visit there. Automated trading people is also welcomed. I wonder if there are many ETers, such as at a particular branch as 110 Wall St New York NY 10005

Please let me know if there is other similar brand as above.

Dear- Recently I aware there are lots of open office, with internet (only) provided. For example, at the wework.com, there is some branch such as at 109 S 5th Street Brooklyn NY 11249 1) much cheaper to rent, than usual private small office with key/lock. 2) wonder if there is security...

There are many types of game. 1) Non-beatable game such as lotto, wheel, dice, ... However there are 2) some BEATABLE game, such as equity and poker. I heard BJ is close to 2).

Good to hear poker. I have experience to poker too, such as in Commerce and Atlantic City as well as LV. However never been there after 2009 crisis. Have you been there after 2009? Probably there might be decrease of poker table numbers. Of course I am a wining players in total gross...

I made you confused, with no intention. The DOW was to much high for the last few months so that my logic have NO entry point at all. That's it. I hope there is some hugh drop in DOW in coming November and December, so that I trade often. That is NOT due to my laziness but the logic...

OHLC for last 1000 daily is fairly open free. Thanks for letting me know only $3/M for 5-min delayed data in IB, that I did NOT aware. BTW, since(???) I never trade in IB for a month, they take $10 from my cash.

Most logic require your condition. However my personal logic need roughly 5-min intraday price. Anyway I am not so greedy person to save $10/D. Probably no ETers use yahoo web for data feed, so far.

Not just for money. For example, many install fire place, for sustainable living in case of power dead. Although electricity/gas might be useful and convenient,it may be dead in emergency. Anyway everyone choose their own way for living. No objection if some use ONLY electricity/gas. At...