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You're not making 20k "profit" if you haven't accounted for commissions. Obviously you need to find the cheapest commissions accompanied by the best execution but commissions are a cost of doing business.

I assume you're writing this after you called for a major selloff or crash last week and the market absolutely ripped against you... so now you're a daytrader, and a great one at that.

I just don't understand what the risk is investing in these assets?

Would love to put a significant amount of money in it.

Dean Baker is NOW pushing the tax? Where in the heck have you been for almost a year now, the guy has been pushing it for a while, it means nothing.

Trade the News

Ya I was suggesting that the reason people look at gaps as a target is because it's such an obvious target zone, I definitely wasn't suggesting that's WHY they fill.

I don't trade much on popular technicals but sometimes I use gaps as targets but what I never understood is the theory that almost all gaps eventually get filled. Is there any sort of rationale that makes sense for this theory? In my opinion, which is the same opinion I have in regards to...

That's exactly why I use a mobile stick

The laptop takes care of most of the issues, the power, computer straight up failing, etc. If you have wireless mouse and keyboards, then like the last poster said, have spare batteries ready to go, I missed a big trade once because my mouse stopped working. Without a doubt though, the most...

Kass made bottom calls last year? What are you smoking? I've read Kass for years and any bottom calls he made last year were very short term trades, or what he calls "rentals" -- he was right on the market calling the bear market back in 2007, he's one of the best in the biz

If people were so sure the bottom was in then the market would not be at lows. Obviously the vast majority thought we were going lower or we wouldn't be trading at lows, fairly simple supply and demand.

Stock_Trad3r is destroying the US dollar

Spicy, I'm a trader in Van as well, please PM me.

Not going to 5k..... Next

I hope you're short and have a limit order to cover at 4000 if you're so confident. Assuming you actually trade with real money and that is your strategy, then I expect Rennick to be filing for Ch.11 shortly... 4000, what an absolutely ridiculous and stupid prediction.

I fully agree we're extremely close to a bottom that will lead to an enormous multi-year rally, but when buying into a market like this, having a 100 point stop is pretty ridiculous, you could be right, but having that kind of precision would be purely luck.

Why are people concerned when IB money is CIPF (for Canadians) or SIPF insured? Especially for Canadian accounts who have up to $1,000,000 insured...

I'm long as well in my IRA -- got in at 68.27, I'm at an age where I can tuck this away for 30 years and see the enormous increase that came from this investment. Having said that, the market could easily fall another 10%, maybe more, but I still believe this is a terrific entry.

so... do we short this?