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    The world's best-performing stock of 2019 just lost 98% of its value in a single morning

    Here in the U.S. too. I've seen some crazy moves like 45% decline in a matter of 30 minutes.
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    The world's best-performing stock of 2019 just lost 98% of its value in a single morning

    https://markets.businessinsider.com/news/stocks/artgo-worlds-best-performing-stock-98-percent-price-drop-2019-11-1028708885 " The marble-mining company ArtGo was on track to be the world's best-performing stock for firms worth than $1 billion. On Thursday morning, however, its shares tanked...
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    Trading Pot Stocks? CGC TLRY CRON etc Up, finally

    I played ACB call options since Monday. Got out today at a huge gain. At the peak, my calls were over 485% from my entry price. I sold on the way up. So I didn't multiply my position by 485%. But still a very good day and week. Unfortunately, I don't have any calls left. I rather bank my huge...
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    The Road to Consistency

    11/21/2019: Taxable Acct: Robinhood ============= Realized gain: $9100 ============== 11/21/2019: Taxable Acct: Trade Zero ============= Realized gain:$1246.90 UN-Realized gain: still holding onto 4K shares so the unrealized gains will fluctuate. Holding for the next few weeks to see...
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    The Road to Consistency

    11/20/2019: Taxable Acct: Robinhood ============= UN-Realized gain: $4594.66 ============== swing trading these options. Got out a tiny bit. Still holding a lot of calls. Hopefully it continues to rally. If not I'll get out of everything tomorrow. 11/20/2019: Taxable Acct: Trade Zero...
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    Hedge fund Ardevora to shut trading desk and outsource execution to Northern Trust

    Execution traders on the buy side don't add that much value in today's algorithmic execution engines
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    Question about Capital Gains Tax Rate

    They thought of everything!! I thought there might be a way to be taxed lower. ROFL. Not so quick.
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    Question about Capital Gains Tax Rate

    Thanks for the link! However, it's about long term capital gains. Still doesn't my original question on short term capital gains being higher than your ordinary income tax, is it still taxed at the ordinary income tax bracket...
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    ‘Their house is on fire’: the pension crisis sweeping the world

    The link is behind a paywall. So I was nice enough to copy and paste the content. Appreciation would be nice. haha
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    Question about Capital Gains Tax Rate

    No, I was thinking of short-term capital gains since I mostly daytrade. Supposed your job salary is $X but your short-term capital gains is 2X (or whatever amount that would push you into a higher income tax bracket) then shouldn't your capital gains tax rate be the same as $X your original tax...
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    ‘Their house is on fire’: the pension crisis sweeping the world

    But pension funds have in their bylaws an upper limit how come much equities can be allocated to their portfolios. So, that allocation has to change for the fortunes of pension funds to reverse. I'm not sure if they will ever change these ingrained laws because the Board are risk adverse. But...
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    Scalping BAC vs Buying ES

    Do you have an edge in trading BAC? Is that edge greater than ES? I've switched from trading futures to trading/scalping equities almost exclusively due to recent zero commissions. But also because I feel I have a better edge. I scalped lower priced stocks than BAC with decent size from...
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    ‘Their house is on fire’: the pension crisis sweeping the world

    NIRP , ZIRP and super low rates are wrecking havoc on pensions worldwide. "Pension plans invest in a broad array of asset classes, but with many stock markets at or near record highs, the prospect of gains are dimming across the board. AQR Capital Management estimates that the classic 60-40...
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    Question about Capital Gains Tax Rate

    My point was NOT that I was Jeff Bezos. It is that some people rather take a LOWER income so they can convert their earnings to CAPITAL GAINS which in this country is taxed lower. But since he's one of the richest people on earth he can cut his salary to a nominal $1. But for us Average Joe, it...
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    Question about Capital Gains Tax Rate

    Everyone reads about Jeff Bezos salary being just $1. That means the rest of it is taxed at the capital gain rate. I'm no where near his situation. Just curious.
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    Question about Capital Gains Tax Rate

    https://www.nerdwallet.com/blog/taxes/capital-gains-tax-rates/ According to the link above, most people income bracket would make their capital gains tax rate at 15%. What happens if you make more money from trading than your normal job income , is your capital gain is still 15%? Actually...
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    Shell Traders Post $1 Billion Profit in Fuel Oil Market

    https://finance.yahoo.com/news/shell-traders-post-1-billion-161455811.html Probably does better than some hedge funds even the energy ones. lol
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    The Road to Consistency

    11/15/19: Part 2 Fck! I got back in after sitting with a nice profit. Gave it all back and some! :( Next time I will not touch that again
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    The Road to Consistency

    11/15/2019: Taxable Acct: Trade Zero ============= Realized gain: $682.99 ============== ACB was super super weak. I even had the scenario planned out in my head last night to buy on the huge ER disappointment. Didn't sleep well last night. Got out a little late. Then it started zooming and...
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    The Road to Consistency

    11/14/2019: Taxable Acct: Trade Zero ============= Realized gain: $750.50 ============== While a positive day, it was one scary ride trading the stock symbol I. Made like $500 right off the bat near the opening. Then made a mistake of re-enetring thinking it's the lows. Then I realized I was...
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