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  1. comagnum

    IB: Why do you earn more interest on short sale proceeds than on cash balance?

    I did not know IB passed on some of the interest to the customer with the easy to borrow stocks, although it is a trivial am mount - well I stand corrected. I suppose brokers make more with margin loans to longs than they do from loaning shares to shorts. Bears do pay interest on many of the...
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    IB: Why do you earn more interest on short sale proceeds than on cash balance?

    When you short stocks you pay interest. When you borrow the shares, you pay interest to the brokerage house for this loan, and the harder the shares are to find, the higher the interest rate, and I have seen examples of 20% interest per annum. You may collect dividends, but you also pay them...
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    French intern makes 10 M GBP thinking he was on demo...

    The story makes no sense at all. The noob blew up 50 times over, and now claims his blown up acct is worth a billion. How can this noob be taken seriously after he mistook live trading for demo & says his trades are basicaly dart throws. Besides he says he lied on his broker application which...
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    Interactive Brokers insisting on spiked Fx price

    Check the other DKK pairs - big spikes at the same time on other DKK pairs appearing at other tier-1 Fx brokers like Gain Capital & Oanda. This is clearly not an IB issue. NOK/DKK -5.8% spike EUR/DKK -3% spike USD/DKK -1.7 spike
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    Edge edge edge , what is it ?

    My edge is the sum part of all the processes in treating trading like a business. Edge is something that comes from the trader, not from the market. The best traders on the planet have a win rate of approx 40-60%. Clearly their edge has little if anything to do with their trade identification...
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    Stanley Druckenmiller didn’t learn a thing from his epic trading fail — maybe you can

    Druckenmiller & Soros - when they watched the film 'The Big Short' they must have thought "what a bunch of noobs, now try doing that for 30 years in a row"
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    What is great about growing old?

    You don't have messy bed sheets as often?
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    Statistics: why the stock market is the easiest market to trade

    "the stock market is the easier market to trade" Trading instruments do no matter options or futures (derivatives) are highly leveraged. Stocks are not leveraged, the only exception being some ETFs like the 2x or 3x variety which give you some leverage, still far less than pure derivatives...
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    Your most valuable lesson

    My lesson was that getting somewhat rich from trading is a lot easier than hanging onto it, which is the harder part. Many traders that get rich & continue trading go bust. The better traders that still have so mojo left will rebound & hang onto their gains the next time around having learned...
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    CME microsecond data

    CME microsecond data? You have to be kidding, the thieves at the CME have the audit trail on lock down. Hunsader also had opportunity at one point to access the audit trail data from the CME futures exchange, data that the central authorities almost never allow outside eyes to see. What he...
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    Retail accounts - How big is big?

    At the largest US broker, Fidelity, the avg acct balance has hit $104k, they have 304k accts 7 digits or more. An acct of $287k is avg for those with them 10 years, & $387k for 15 years. They probably do care about the churn on the larger accts into the 7 digits & will work harder to keep the...
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    How big account size should you start with and how to build it up?

    It sounds like you asking about what % of an income do most people invest/trade with? This will give you an idea of the typical employed person in the U.S.. The average Fidelity 401k or IRA is contributing 8.6% of their gross income, this does not include the company matching portion. For...
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    Day trade - books indications - price action

    My favorite day trading book is the one our very own traderGOD is sure to write one day. His book may include conversations with himself, how to make your chart look like a X-mas on LSD. It won't cover why you have to make 500% just to break even day trading $25.
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    Technical analysis

    Every profitable trader I have ever known is fully independent, they find their own trades. Even if you were to find one of the few winners out there that offered such as service it is not possible to follow them. It something most new traders try & have no luck with.
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    Do TA is a bullshit ?

    Some of the richest traders alive today & through history used classic T.A.. They also used outstanding trade/risk mgmt and had the right mind set (patience, discipline, confidence, guts, focus, consistency, being able to adapt, self awareness, self starters, independent thinkers, etc). The...
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    Things You Learn After 1 Year of Day Trading for a Living

    We already what happens to the noob premium sellers - they do real good until they blow up.
  17. comagnum

    Day Trading is a Powerful Addiction

    In daytrading risk is reduced because money is “in” the market for very short periods of time hence it’s exposure to risks decreases as opposed to investing. Your exposure to profit also decreases trading if you do not hold overnight.
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    Which trading days in a week are best: Tue+Thur OR Tue+Fri?

    Day of Week Strongest days for gains, in order (Traders Almanac 1990-2017) SPX - Wed, Fri, Mon NDX - Wed, Thurs, Fri Fridays have seen some of the largest moves by far of any day over the last year or so. They used to be sleepers - not anymore. Wed are notorious for big reversals mid day...
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    Buffett's psychology

    BRK.A holds about 45 stocks. 5 of their core stocks, which are long term holdings, are worth more than the other 40 combined. Last quarter 2 stocks were dropped, and some positions were adjusted. Like dumping IBM and picking up more size on Apple. One of the busier quarters for BRK.A. True...
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    Buffett's psychology

    Many seasoned & professional traders trade in both shorter and longer time frame. The retail traders typically have a separate account for the longer term trades such as a 401k, Roth, or IRA for this. This used to be considered sort of the norm - to establish a long term trading plan first...
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