you guys are missing the point. If you shorted the NASDAQ 100 AT 5000 you have been deep in the money for over 10 years!!!!
If you shorted FNM and FRE and enron etc etc etc you made a killing!!! They are not coming back!!
HFT is a farce and by no means changes the overall game. Losers just like to place blame for losing. It does not change the market nor negatively effect it. liars in the mainstream media looking for a scapegoat. This is absurd!
TLT has strong support at $97.00. No sign of crash. No sign of weakening trend. No massive selling volume to speak of. How did you arrive at this analysis?
If your a trader you don't have to worry about long term investing. You mentioned that your a swing trader so why do you need to long term invest? If your system has generated you millions of dollars in revenue why change it? If it aint broke don't fix it.
Dude its like taking candy from a baby.
See http://pulsescan.blogspot.com/2010/08/822010-inplay.html
and
http://www.youtube.com/watch?v=jd_kh8pryW8
Anybody could of nailed it today. I hope that they keep right on doing what their doing so that I can be the pirate that I am and pimp...
Your right. Day trading is the starting point in learning to trade. however long term you will switch to swing trading so that you won't be a slave to the computer.
He's right I had a client like that who was extremely wealthy and he admitted that he was only trading for fun and enjoyment and not to make money. So YES those clients do exist. I know because I WAS A BROKER.:D