This is just insider tip, not insider trading imo. In Hk, it's done on a frequent basis. Although, they probably have much different laws there and whether that is illegal or not is still in question so don't take my word on it.
Indeed, the screening process is flawed so I am not making any scientific comparisons, just opinions, I did say I may've been biased from watching the show but you gotta admit that the majority of the applicants were an epic fail.
Now here, we know that's not true. I am just implying that American traders on average may have a better mentality to overcome the brutal reality of trading. (Not American btw!)
I may be biased but after watching million dollar traders I don't think many brits have the psychology to be successful traders. They hold moral values, can't handle pressure and are too naive. That's the general idea you get after watching the show.
I think your confusing daytrading with investing.
It's a longterm investment strategy. He wants money asap. It would take a year to realize profit and by that time his followers would be long gone.
How much return are we looking at? I can daytrade and get a 400% return in 2 months on a consistent basis using a sim and have the data to prove it and even so I am not confident anyone would buy my strategy or say invest in me. People aren't believers until your account shows 6 digits and by...
You assume way to many things. Who say's I even wanted to use their software. I was just interested in their paper simulator and now I know it's not right for me.
Cuz I can tell he was asking that question for self-interest and not to answer my question in any way? Imo, that is rude so I just returned that with a rude reply.
Get over it and stop trying to be Jesus or something....(Shizz has nothing to do with you!)
The thread should've ended right there with my post yet he had to go and ask that question (obviously for self-interest) instead of seeking that for himself which in return got him a rude reply. Nobody is getting menopaustic here and I wasn't the one throwing any cryptic insults.
I just find it annoying you come here and want me to educate you instead of providing and answer to my question (where there was no longer any need too) when a simple google search would've got you there.
Well I am guessing if you set the limit price way below the stop price there should be no reason it won't get filled but that pretty much just makes it a stop-market order.
Nvm, I just asked my broker and they told me there are no fees if I allow them to route for me they use arca, edgx, bats & nasd. However, I'd incur a fee if I chose one of those ecns manually.
Looking at the L2 there are different ECNS. Does it make any difference who I choose? Are there certain advantages/disadvantages to each one or should I always just choose the one that gives the best price?
These are the ones I see most frequently.
NQEX
NASD
BATS
EDGX
PACF