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    Limit-On-Close (LOC) Orders

    The answer is 1. LOC is guaranteed to give you the close price. And yes I have experience. If you think about it, nobody would use them if the answer was 2 or 3. Would you?
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    Margin Account Interest Rates Fee Calculation - Day Trading Stocks

    Pro Tip: use the like function when you appreciate a post :)
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    Margin Account Interest Rates Fee Calculation - Day Trading Stocks

    Correct assuming Reg T (2:1 maximum leverage overnight). This is just not how it works. Putting on a short position doesn't involve putting up any cash and will never create a margin loan. You just need enough positive value in the account so that the overall position fits within the allowed...
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    Margin Account Interest Rates Fee Calculation - Day Trading Stocks

    Both wrong. In this scenario, no cash is borrowed. The 1M cash perfectly pays for the 1M of longs. Only longs can create cash borrows, when you are long more than your cash. Shorts create stock borrows instead. You pay short interest based on the stock borrow/lend market, but you actually can...
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    Margin Account Interest Rates Fee Calculation - Day Trading Stocks

    Margin interest is only charged for overnight holds. If your broker charges interest for day trades you are getting scammed.
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    GME up over 100%.... what is going on now?

    imo this tanks hard by the next close. everyone knows this crap isn't worth $100, and all the bagholders from the previous pump can not miss this opportunity to sell
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    How Ken Griffin’s Citadel transformed financial markets

    Spot the contradiction. Griffin loves monopoly, the game of scale. Not competition.
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    News articles about the Financial Transaction Tax

    Nothing I've written is irrational whatsoever. So, I didn't write a paper proving how the tech companies collude in anticipation of you abruptly ending the conversation if I didn't. That's not how forum discussion works. If one person wants more detail on something, they ask. Well, it's clear...
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    News articles about the Financial Transaction Tax

    Huh. We are discussing our politics and how things ought to be, not interpreting the existing laws. There is no wrong answer. If these laws were working and everybody was satisfied with the status quo, we wouldn't even be having a discussion here.. The classics that got media attention and...
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    Getting Funding for Trading?

    Can't do simple math, but has the world's best trading system? Call me skeptical. at 10% per month you will 3x your money every year. at 15%, 5x every year. We're talking about millionaire within 2-4 years here starting with 10k. Just how quickly do you need to get rich? Jeez Louise my dude.
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    News articles about the Financial Transaction Tax

    First of all you're assuming all kinds of wrong things about me. I'm not Christian, conservative or a trump supporter. And I'm not American either (thank goodness :p) Big Tech companies - fair enough I did not use the word monopoly correctly. However, these companies: a) have huge market share...
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    News articles about the Financial Transaction Tax

    Amazon is also a monopoly utility and should be regulated similarly, that's the point. :p There is no analogy here. We were talking about discrimination on political views. Now you are talking about people being obscene or committing illegal acts, these are totally different issues. This is a...
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    WRB effect: Vision Clearing implements huge margin requirements on short sales

    You should probably cover anyways if that happens. Do you think holding 20% shorts is a good idea in general? I guess it is a fairly aggressive policy, but I don't feel outraged by it or anything. I'm not with Vision, but if I were this would be a non event personally, as a rule I never short...
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    Singapore Resident Trading Stocks Full-Time as Only Source of Income, Taxable?

    I don't know about Singapore specifically, but many countries will tax you differently if your trading passes some threshold where they consider you to be carrying on an active business. Then you will pay income tax instead of capital gains. I would contact an advisor in Singapore to see if this...
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    News articles about the Financial Transaction Tax

    So as a "raging liberal", you are for private business discriminating based on political views? How far does this belief go for you? Can stores refuse to sell you food? Can utilities cut off your power and your water? (STOP WHINING JUST BUILD YOUR OWN POWER PLANT LOL) It's quite clear this is...
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    What is this guy doing?

    Just to clarify, I am not making any kind of allegations against fundseeder. I have no reason to believe they are not legit. I just think it is not appropriate for me or people in a similar situation (high sharpe capacity constrained). Starting a fund to earn 2/20 makes no sense economically, so...
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    What is this guy doing?

    That is quite naive. Once your data is on there it is potentially vulnerable going forward. Even if it's not a fraud or inside job, look how many huge leaks/hacks happen all the time. I'm guessing your strategy is very capacity constrained since your account is so small and you keep doing...
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    What is this guy doing?

    I trade any/all stocks, and recently added ETFs in the mix. maxDD = about 5.5% since 2014, off the top of my head loss% = about 49% since 2019 RR = I don't use stops
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    What is this guy doing?

    The numbers are believable to me since I do similar numbers, although my account is much larger. I was also #1 on rapacapintro.com many years ago, before it was renamed to fundseeder. The trick to get such consistency is diversification on top of strong edges. I trade 500+ stocks per day. I...
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