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At a minimal you should have at least 4X capital of what you need to live on, and another 1-2 years stashed away outside of your trading accts. Quitting your job to trade for a living after you have taken at least $250-$500k out of the market while at your job is confirmation that trading full...

Speaking of lawyers: Impersonating somebody by using their photo without their permission and masquerading as that person is a crime. You're obviously a man that has resorted to an immature stunt to go after destriero, you're not fooling anyone. DOJ - Legal Consequences A fake social media...

So Lisa-World-Travel what are your favorite surfing spots? Kind of hard to know when you some dude posing as a women - your not fooling anyone.

Well nearly all of your top day traders that continued trading after the HFTs emerged reduced their trading frequency way down and increased their holding time frame - problem solved.

The avg bear market lasts 16 months and has an avg loss of 41%. IMHO - What we had was a long overdue moderate sized correction. Besides the media & public thought it was a bear market from the start of the decline, this would be the first bear market in history were the crowd was given notice...

The big banks are the whales in the global stock & currency markets. SPY - https://www.nasdaq.com/symbol/spy/institutional-holdings

I would recommend going through the "Chat with Traders' podcasts. There are at least half a dozen top notch traders that came from pro gambling, including poker. They share their hard learned insights on their transition into profitable trading. Anybody that says gambling has nothing to do...

A few minutes into an interview about her book she was talking about trading breakouts on Biotech stocks, so refreshing to hear from a breakout trader that thrives in volatility instead of hiding from it like so many retail traders these days are doing - like trading only the SP500 & the need to...

Same thing in the U.S. - retail has flocked into options on a large scale, studies on brokerage accts shows that the mob of those trading options are way under performing those in equities/ETFs by 363%...

There are recreational & exotic drugs that will make U feel like you are trading legend as your balance nose dives & cost of living soars. Next thing you know you are in full blown withdrawal clicking on the buy/sell button like a lab rat to feed your $200 drug habit just to feel 'normal'.

The IB order that is a marketable limit order is 'Market with Protect'.

I don't like the idea of equating happy with trading despite some of my trades have been life changing - in both directions.

I was referring to the futures wash sales rule 534 being long & short at the same time. Using SPY is still a wash sale - but its not a violation of any exchange rules. https://www.cmegroup.com/tools-information/lookups/advisories/market-regulation/CMEGroup_RA1308-5.html#pageNumber=1

The post IPO market offers great trading opportunities with out the risk of being in a dog in the lockup period. Take Roku for example the big move was over a month after the IPO, which is not uncommon.

Some traders may have a long term short using SPY they are planning to hold beyond a year - no rolls & lower taxes. Some of these traders will use futures to trade around their core SPY position. This keeps their trading costs lower, since they only need to trade in one direction with futures...

There are good HFTs that make markets, than there are predatory ones - the penny jumpers that use your limit orders as their hedge, they fill them only when price rolls over. Commissions going down has nothing to do with HFTs. You can tell how long someone has traded by their comments about...

The market has the wind at its back this time of year, newer traders may not be aware of the very real & strong seasonal influence. When the general public started getting into TA overbought became a good buy signal and oversold a great time to start shorting.

Sub-penny rule 612: only stocks trading under $1 have increments up to 0.0001 per share. Stocks trading above $1 can only move in increments of pennies. Only brokers can use sub penny bids for price improvements on stocks above $1...

I attribute a large chunk of the good things that have happened to me a combination of taking a lot of action & risk, the rest is good luck for sure. The older you get the more likely life's experiences will teach you just how little you really control. Nearly all of the richest traders speak...

Amateurs open the market & the pros close it. By mid day trends that appear can go parabolic during the last 2 hours. An hour before the close the bond market closes, many of these traders turn to other markets to trade - which is a major reason the last hour is intense. This stock trade from...