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  1. comagnum

    QQQ volume since 6/9

    Profit taking & rotation out of the NDX100 into the other indexes. The NDX had outpaced the other indexes by a very wide margin in 2017.
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    $3k to $1 mil in one year

    A trader may act like a gambler, sure. A blackjack table does not trend for 9 years with players taking away record amounts of the casinos capital as the trend moves. Warren Buffet said 'Gambling involves, in my view, the creation of a risk where no risk need be created.' That being said -...
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    How does a trend start? How is a trend born?

    Look for articles on the Dow theory to learn about trends - its old but still applies today.
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    $3k to $1 mil in one year

    Zanger & Sykes - the biggest promoters selling the dream to the get rich quick crowd looking for a casino like payout. They sure are great marketers. Shooting star traders are a dime a dozen, the hard part is keeping it and going the distance. Zanger's earnings according to his own audit I...
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    IB , interest on cash

    The IB cash sweep only applies to accounts with a balance over $100,000. If you have multiple accounts linked to an account with over $100k you will not get any interest if the linked accounts are below $100k. Fidelity also pays a comparable cash sweep as well without any restrictions as far...
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    Broker for My Scalping Strategy

    I don't see the $4 rate but $4.95 for unlimited shares at Fidelity. Your absolutely right. I use a bunch of brokers and made a mistake on that post. It is TradeStaion I was thinking of that has the $4 commissions but that is only for IRA accounts. The other correction is Fidelity provides...
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    I only need margin financing - frustration

    The predatory HFT's know the pain levels based on various brokers intra day margin levels and and constantly puke out these traders that are margined to the teeth. Any broker that would let their clients trade the ES with only $300 is not one I would trust.
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    $5k, what stocks to buy?

    With $5,000 to spend on stocks I would pick one that matches the initials of your name.
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    Warren Buffett Says America Is "So Rich" It Can Afford Single Payer

    So in every other industrialized nation that has a national health care system all the people that pay for it & use it are lazy bums? A deeply flawed argument.
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    Travelling/Nomad Traders

    Never traveled to Thailand, I would end up trading from an opium den and end up with a crush on a women that is actually a man - not cool for the self esteem. I like discretionary swing trading - I like Zen, and I traveled all over when I was younger - set up shop on Maui and see traveling as a...
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    Big-Picture Trading Themes

    Data that disproves it? Have not see any data or a case being made for it. For margin debt to market cap be of any practical use you would have to believe that 2% (margin debt) of 100B is the same as 2% of 700B - that represents Apples market cap growth over a portion of this bull market. If...
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    Big-Picture Trading Themes

    Margin debt going up with the market rising is not the problem - it's when the margin debt peaks & turns down - look out below. Margin debt relative to market cap is flawed - in a raging bull market the market cap expands many fold. Margin debt to market cap does not take this into account. 2%...
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    Big-Picture Trading Themes

    Stock market margin debt, as reported by the NYSE, has now surged to a record high of $528 billion. That's not including loads of unreported margin, or "shadow margin," that Richter says could put the total figure somewhere near $800 billion. Margin debt is in an uncanny relationship with the...
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    Mentor

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    Big-Picture Trading Themes

    The catalyst will be the fact that with interest rates lowest in history did not do any good, debt was at insane levels already - it has exploded 5 fold since. The next crash which is looming on the horizon will make 2008 look like a dressed rehearsal. Retail is leveraging at insane levels -...
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    FIX API Brokers for Latency Arbitrage

    If you want true ultra low latency from your home/office you need a private network/co-location. Expect to pay a lot for this - this is geared for institutional, but if you can afford into 5 digits per month they may be able to help you out. It would cost a lot less for just the colo - that is...
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    Cattle firm fined by CFTC

    Hundreds of contracts, you got to be kidding! That is such a small amount of money and open interest to control the cattle market.
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    How do you know when successfully backtested strategy will succeed in real trading?

    Having a entry/exit signal that gives you a level of confidence is good. Having a good risk mgmt strategy is critical to stay in the game. Most veterans consider this far more important than the entry/exit signals. Your success will ultimately depend on how disciplined you are & how sound your...
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    Dream Big !

    Hope dangles on a string Like slow-spinning redemption Winding in and winding out The shine of it has caught my eye And roped me in So mesmerizing so hypnotizing I am captivated .. I'm all in (Dashboard Confessional)
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    Broker for My Scalping Strategy

    If you had used another broker like Fidelity for example - those 5,500 share trades would cost $4. Your paying more than 5 times than what you should or could be paying. They will also pass the ECN rebates on to you and your data including Level2 is free. I only send small equity orders to IB...
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