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The auto industry has been dishing out lots of subprime loans for years now - handing out loans to people who should not normally qualify and are likely to default. https://www.bloomberg.com/news/articles/2017-03-28/-deep-subprime-becomes-norm-in-car-loan-market-analysts-say

Well Charlie Sheen has said a lot of interesting things:

The economy is booming, this is the new golden age-- after this next big pull back, it will be to the Moon -/Alice!! Not to rain on the parade, just playing the devils advocate as always. Stock market participation is at the lowest recorded level in the 19 years the Gallup polls have tracked...

There is no doubt as you get older the most important thing is your health. A billionaire on their death bed would gladly hand over every dollar to get well. I live on an island where the lifespan for those over 65 is the longest of the 50 states -per the CDC. I can assure most people on this...

IMHO - Your only real hope would be to buy and hold a micro cap biotech stock breaking out of a real long & tight range - you will have to be incredibly lucky and have a lot of discipline to ride it up and to exit if it goes against you to far. If you keep a reasonable stop loss you will get...

Soro's had concluded the European central banks were holding lousy hands in their game against the speculators and hedgers. That's why he was willing to bet the ranch.

I have the COT plotted on my weekly charts - here is how I use it, I learned this from material I read authored on this from market wizard Peter Brandt (40 + years with stellar ROR & minimal draw downs) When the COT/speculators are at multi year or all time highs that serves as a warning -...

I do not believe in always placing the same size bet every time although I keep my avg risk per trade under 1%, there are times I will go as high as 2.5%. When volatility as at extremes during panics the reward-risk is heavily skewed - the upside is massive in relation to the down side. To...

I pair trade every once in a while when one of the stock indexes starts showing a new strength or weakness in relation to the other indexes or at seasonal times when an index is historically its strongest. When you nail them you have a fairly lower risk trade that can run a profit up to a few...

For me the trading is all about being completely self reliant - calling all my own shots. When I trade I am like the leopard, hunting alone - to me a chat room of live traders would be like hunting with a pack of Hyena's in tow. ET fits the build for me, when my trading is done I can unwind...

they should film that guy from this forum that drives a cab while trading.

Doom - Our so called growth is just a big debt bubble throttled by global central bank interventions. The bubble needs to burst before we can have any level of a sustainable expansion. "Markets are very predictable. All excesses regress to the mean, but before the regress to the mean it reverts...

Trade Station has something kinda like that. It streams the L2 in a chart - you can set it up to filter as you like.

good explanation, but how do expect a beginner like the OP to understand your explanation? Try Googling your broker name + payment for order flow. Many brokers do not send the orders directly to the ECNs - instead they get paid by HFTs like Citadel which takes the bid-ask spread and uses...

So easy a caveman or cavelady could do it. The bar for calling ones self a quant just hit a new low.

Commission free may end up being more expensive if the broker is sending thier orders to a HFT. I would check this brokers 606 report to see how they are routing orders.

First how can the FBI throw him into jail without letting him contact his lawyer and without a trial? This is America, no? The U.S.A has by far the highest %per capita of people in prisons. Post 911 under the Patriot act you can be held for life in prison with no court trial & never have access...

Like I few other traders have mentioned I keep my risk averaged out to 80 basis points (0.8%). Depending on the recent and longer volatility average and chart pattern I may risk from 25 - 2% on any given trade. This is an important aspect of risk mgmt although there is more to it than just this...

I like what this guy has done - hate to be the optimist here, looks real good to me for what it is - will it stand the test of time? Who knows. If you can continue to add money and stay the course you may be sitting pretty inside of 5-10 years without needing any funding. There is nothing...

I would hand over that money back to your father pronto and write up a payment plan and get on focusing on a career. Some of the losses are absorbed slowly by the capital loss carry - that needs to go to the father. You are young, paying back $30K is not that difficult - you simply live below...