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  1. kmiklas

    What is the jargon for this trading style/mistake called?

    Heya Peeps, What's it called when someone keeps reversing their position, to try and catch a rise or a fall, only to miss as the price reverses against them. Example: ABC is trading at $10.00, and ticks up to $10.01. Our star trader, "Flipper," goes long, thinking that this is the start of a...
  2. kmiklas

    What is the traditional course of study for a career trader?

    Sounds perfectly logical to me. Aristotle would be proud.
  3. kmiklas

    U.S. Says for First Time That Christie Knew of Bridge Plot

    ...and, in other news, Reaganomics has not affected the trickle-down effect. What happened, did their reporters call out sick? Is Bloomberg hiring? LOL, could the news get any older? http://www.bloomberg.com/politics/articles/2016-09-19/christie-allies-begin-bridge-jam-trial-as-u-s-lays-out-case
  4. kmiklas

    What is the traditional course of study for a career trader?

    Thanks again for all the excellent responses. I appreciate it.
  5. kmiklas

    What is the traditional course of study for a career trader?

    My understanding of a "Trader" has been challenged here in this thread. I thought that a Trader: 1. Is given a lump of capital to work with 2. Analyzes the market, perhaps specializing in some slice thereof. 3. Buys and sells financial instruments in an attempt to profit. It seems that this is...
  6. kmiklas

    What is the traditional course of study for a career trader?

    Heya Peeps, 1. What would a career trader typically study as a college/university undergrad (in the USA)? 2. What would they study in grad school? Also, 3. What is the typical career path for a trader? I imagine: College -> Grad School -> recruited by Goldman -> Get licenses -> Trade for a few...
  7. kmiklas

    "Use Limit Orders"

    Correct me if I'm wrong, but by crossing the spread, the limit order would be immediately filled in the majority of cases, and it thus functions as a market order. On the occasion where the price moves away from the limit price in the moment after submission and before election, the order...
  8. kmiklas

    "Use Limit Orders"

    Disaster-stop. LOL! :rolleyes: Useless. Just as you said, those disaster stop-orders are free, and there's no free lunch... you get what you pay for. In a big market spike against you, a stop won't give you anywhere near your defined price. That's why the pros hedge and diversify, and don't...
  9. kmiklas

    "Use Limit Orders"

    You want to show your hand and let the algos trade against your standing limit orders, that's your business. I'm sticking with market orders.
  10. kmiklas

    Where is Hillary Today?

    I heard through the grapevine that she went home to Chappaqua for the week to rest. She's not in good shape. My prayers are with her.
  11. kmiklas

    "Midianite traders passed by, and they pulled Joseph up out of the cistern. They sold Joseph for...

    "Midianite traders passed by, and they pulled Joseph up out of the cistern. They sold Joseph for twenty pieces of silver..." Gen 37:28 NAB
  12. kmiklas

    "Use Limit Orders"

    Why do I keep getting harassed about using market orders? I'm getting warnings, alerts, checkboxes, squeeze pages... all sorts of friction and warnings alerting me to the horrible dangers of market orders. I feel like they're pushing me with everything they have to use limit orders, which makes...
  13. kmiklas

    If Hillary drops from the race, how will the market respond?

    ok; so, if Hillary drops from the race, how will the market respond?
  14. kmiklas

    If Hillary drops from the race, how will the market respond?

    Title says it all...
  15. kmiklas

    Where is Hillary Today?

    Jeez.. the media has gone utterly silent on the issue. One big smokescreen: CNN: Reporting about a pay raise Huffington Post: The weather WSJ: Household incomes NYT: Census reports For God's sake, WHERE IS OUR DEMOCRATIC CANDIDATE??
  16. kmiklas

    Trump calling out yellen...."false stock market" indeeeeeed it is!!!!

    Also, in US markets, non-Dow, non-S&P equities. Although they do move with general market forces, they have far less eyes on them, and less forces acting upon them. As such, I've found them to move truer to actual supply and demand of investors. Unless they're being manipulated by a fund manager...
  17. kmiklas

    Where is Hillary Today?

    Is she campaigning today? I Googled all over, but can't find any information. Is she making an appearance anywhere today?
  18. kmiklas

    Trump calling out yellen...."false stock market" indeeeeeed it is!!!!

    Yes. The difference here is between a "false" market and a "manipulated" market. What does he mean by "false?" A scam? A manipulated market? A "fair" market? If he's looking for a "fair" market, where prices are determined by "true" market supply and demand--as opposed to those in power with...
  19. kmiklas

    Trump calling out yellen...."false stock market" indeeeeeed it is!!!!

    No. Millions of people have their 401K's invested in the S&P. Keeping this on a steady rise is a service to the retirement and pension funds of these people.
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