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Life is OK for me.

Thank you. I went to one that was worse than worthless but I see there are more. The one I went to had a fellow selling harmful products and a room full of people who loss money. Will come back and mention if one of the others has meaningful value.

Many years ago, I traded equities: NYSE Openings Orders, pairs, news. 17 years ago I knew many winning day traders. None of then win now, or even trade. Algorithms and less favorable rules have taken a toll on the mom and pop traders. The largest day trading firm of their era, Shoenfeld...

That is not what I refer to. I refer to the sub-penny problem. Algorithms are allowed to sub-penny (bid 1/100th of a penny) in front of you if the fill looks good and dump.the stock on you if things start to look bad-- according to what the algorithm looks for. The rational given for allowing...

Ideas for meeting Las Vegas day traders?

Has anyone heard anything about what became of Bot Destroyer, the secretive trader featured in Traders of the New Era? For me, this interview was the best chapter in the book and I liked Bot Destroyer's answer sbout if he would be winning in 5 or 10 years that was something like: I've no...

Nothing about obtaining and using inside information (?)

Thorp took a brief look.at what Madoff claimed to be doing and said toma frirnd that the returns were too smooth to be true. Any knowledgeable person looking at what Madoff claimed should have been leary.

Few successful risk takers use full Kelly, though they often use fractional Kelly. In simulations, Kelly makes capital grow at the fastest possible rate with no chance of going broke. Consistently using more than 2x Kelly guarantees you lose money even though you have an edge. Full Kelly runs...

Buffett has been doing this longer. Also... the crushing Medallion Fund founded by Simons can only hold a small amount of money: for years 6 billion, recently upped to 10 billion. There simply have not been enough edges to deploy capital into with their methods.

All orders have problems. Limit orders are subject to adverse selection.

Adverse Selection. If your order looks good to the algorithms they will step on front of you by 1/100 th of a penny and if their fill starts to look bad the algo will dump the stock on you. If your order looks not so hot to the algos, you get filled. 1. Algos are "smarter' than you. 2. Algos...

Do any of the institutions offering commission free equity trading also offer direct access with those free trades? For daytrading, going with firms selling order flow is meaningfully disadvantageous to direct access. Is commission free trading plus direct access in equity trading out there?

I did not know this.

Very funny. Thanks for the video.

The billionaire founders of this extrodinarly successful international trading and market making firm disagree with you. Taking poker classes is considered important and mandatory at Susquehanna International Group and organizes poker competitions for it's traders. Susquehanna International...

Again and again.. and people keep trusting these places.

Unfortunately many courses are sold by people who used to win who describe methods that used to work. Most of the other courses are sold by people who were never winning traders detailing methods they never could get to work The cold hard truth: Most gurus-for-hire are hustlers. The Mentor...

Keep in mind TopStep makes lots and lots of money for themselves selling the supposed "chance to be"... Most people never get funded and most funded traders are quickly cut off if things do not go well.

And so you did, and I press Like on your reply! * at least one poster who I liked, Rin4et, was trying to trade through Robinhood so I go a little hard on them. No offence meant; I enjoy your posts.