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I think its good to diversify across several brokers, at least on larger accounts. The advantages far outweigh the extra hassles. It can save you a great deal of $, gives you more platform technology, and redundancy. Every broker seems to have a thing or two they do better than others and/or...

In a 2011 study of behavioral patterns and resulting investment performance of more than 65,000 investors from 1991-1996, Dr. Brad Barber and Dr. Terrance Odean found the 20% least active traders outperformed the 20% most active traders by an astounding 7 percentage points a year. The least...

there is something magical about a thousand dollars appearing in a minute That 'magic' is our brains dopamine - and the levels of it when trading exceed have been studied with MRI's Heroin, Cocaine, sex, booze, etc. When the dopamine is doing the thinking look out below. Learning how to...

Oh my - someone patronizing me that does not even know how the NBBO works. Let me take you to school on this. Brokers do not set the bid/ask price - that comes from the consolidate quote which is the best National Bid/Offer across all the ECNs. The bid/ask quote are ubiquitous among all...

I was just messing with you - yea London seems more favorable for traders. Even Gordon Gecko moved his operation there.

I do find volume an important element of my trading for certain conditions, more so with equities than futures due to the fixed number of shares (float). Looking at the equity charts gives me a better read on an index at times. I know some futures traders that do very well that don't look at...

I also thought your post was strange claiming Forex is based in the U.K. - maybe retail trading but the banks in NY are doing more volume. My error on the FSA, I meant the FSA but the same point holds true - being it's weak regulations - the huge leverage makes this point when most countries...

Retail forex regulation is strong in the UK, which is where forex is based anyway. U.S. Fx trading regulations are significantly stronger than those in the U.K.. In the U.K. the FSA does not recognize Fx as a legit investment, basically you have very weak if any regulations for those brokers...

Amateurs are said to open the market & the professionals close it. Swing/overnight, trend, & positional traders typically do most if not all their trading near the close. Those holding beyond the close have more skin in the game, this is the crowd that has a vested interest in the continuing...

Not sure if I would call it 'greedy' but there are certain market conditions where you have a mass capitulation that prints a multiple bottom spread at least a few weeks apart - I will size up considerably on these setups since they have such insanely skewed reward-to-risk. This is why I am...

There are some traders out there with 10 years or more that still do not treat trading like a business and continue to rack of loses. When you start truly treating trading like a business than the years of experience will start to count for something. The bar is extremely low for just the...

There is something devilishly delightful about making $ at a time when the bewildered herd is getting wiped out. As a trader everyone will hate you in a bear market. So here's a few tips U asked for: * wait for clear evidence the market is weak. step aside for the first down leg & wait for...

From working with a number of other traders on a widely used platform on auto-trading for many years back in the day, this is what I learned: The only people making $ via auto-trading had a great deal of trading experience and were strong with risk mgmt. Most had some programming experience to...

Bitcoin is a joke. The transaction fees are insane. Bitcoin is either a Ponzi or pyramid - maybe both. It is also the biggest pump & dump in history and for many on forums like this it is a mania/lottery ticket for the casino type speculators. It has way to many problems to be taken seriously...

Discretionary & systematic are on par with performance, although systematic has wider draw downs - per Barclays historical data. Systematic is rooted in discretionary to build and run, and discretionary traders these days are using more & more automation with some of the processes. There are...

I lived on Oahu for about 9 years - location is everything there. I lived on Waialeae Iki ridge (above Kahala) & Kailua & was always amazed at how beautiful & pristine it was. Those pitfalls you mentioned are isolated to some areas, typically closer to town & the more crowded & sketchy areas...

If you love the ocean, nature, laid back yet active & healthy life style than consider Maui.

I knew we would hear about "seasonal" market strength. But that is not what this is since if you observe the empirically "weaker" months this market still went higher and higher... and so on! Just because the market rallies in the summer & fall does not mean the seasonal influence no longer...

WHY the hell would the DOW be up so much after Moore loses and the Fed is primed to raise rates?! * The seasonal influence in effect - this time of year is when the market historically tacks on its largest gains. * There is no training, classroom or otherwise, that can prepare for trading...

Here are a few popular sights with plenty of info on companies in the US stock market. https://www.investing.com/ https://www.finviz.com/ https://www.marketwatch.com/