Search results

Speaking from experience working at an institutional fund, your analysis is spot on. We get numerous pitchbook requests every day from potential managers who want a piece of our business. Most managers have excellent performance and a solid presentation, however those are farther down the list...

I heard that Kim Jong Un trades 10,000 cars at a time and that he once had 1,000 consecutive winning trades in a row trading the E-mini. I also hear from a source, that he is up over 2,000% YTD in 2013 and that he has the #1 ranked account on Covestor.

Agreed, you can enter a good short without it actually being the proverbial top. I tend to think that at some point in the next 3-5 years, we will look back at these levels and just laugh, so that is why I agree that a longer term short is a good idea. However I have given up trying to...

This sounds exactly like the rationale people have when they try to catch falling knives on crashing stocks. But what happens when there is no bounce or pullback, or when it does happen, you are so far out of the money, you need a 20% pull back just to get back to break even? There are plenty...

Hey i was just responding to your question of is this the BEST time to short. And i stick by my assertion that the BEST time to short any asset is when it actually is in a confirmed downtrend, and the market is in a massive up trend. In reality though, I have the same views as you. This...

Is this the BEST time to go short? of course not. The best time to short is during a bear market, not when the market keeps making all time highs. Now if you are talking about a longer term trade then shorting at these levels might make you look like a genius in 3 years, but you might blow...

It wasn't my intention to infer additional information into what you said, and I am sorry if it came off that way. I was merely relaying what a investment manager was saying on a quarterly call the other day and it seemed like you were inferring that what he was saying was BS, which it could be...

You can be bearish on the economy but still bullish on the stock market. I don't think anyone is arguing (outside of the Whitehouse) that the economy is recovering and that things are getting noticeably better in America, however that doesn't mean the stock market can't keep going up. Almost...

First off, I am pretty bearish on the global economy like a lot of you. However I am not sure if that means there is a big pullback in the cards. I had a quarterly call today with one of our mid cap institutional managers and he was as bullish as could be. He acknowledged a lot of the cases...

Interactive Brokers is up over 5% today and hitting fresh 52 week highs. Since volume in the market is dying and trading as an industry is on life support, is this a nice short for a longer term trade? The company did however report that daily trading revenues were up 24% for the year, and...

There is a guy in my office who seems to keep losing his shirt on SWHC call options every week. Each week is going to be the week the stock hits $11, but instead the general market keeps going up leaving it behind. I can basically monitor the stock's movement just by keeping track of how many...

I saw a guy with a pair walking the streets in SF yesterday and let's just say he didn't look very cool.

I think you are spot on gmst. I recall having the same thought back in december but the price didn't get that low that time.

If I recall some of the previous mini flash crashes and even bigger ones in the past, it seemed that price will often return or retest the crash lows in the near future.

Well I am sure your opinion and life experiences transpose perfectly onto every other individual's. Plus I highly doubt you have first hand knowledge and held all of those jobs you listed as being crap. From my experience there is no superior path and you can be happy with whatever life...

I guess it depends on what you are looking for and what sort of risks you are willing to take in life. My first question would be do, do you love the finance industry as a whole or just trading exculsively? More specifically, would you A) enjoy working in the industry at a bank, hedgefund...

Ok so this is what I don't get. If so many of you think that trading is a myth and that it is impossible to make money, then why do you come to these message boards in the first place? What are you looking for or hoping to get out of it? If I didn't believe something was possible, then I most...

Yes.

Oh man message board guy cracks me up. Why can't you see the fallacy in your argument? Have you met every trader on the planet? if so, you know for a fact that every trader doesn't trade manually? and if they do you know for a fact that they are all losing traders? It's obvious that...

Another "well if I can't do it, then it must be impossible" conclusion. Just because you find it to be impossible doesn't necessarily mean that it is. Do I really need to make the "well since I can't make it to the NBA, then it must be impossible for anyone to" analogy? Do you really think...