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I don't know that the difference should be that large but I would expect a difference. Especially a difference going from JFK to LAX compared to LAX to JFK. There is also generally a travel time difference as well for the same reason. I believe its from the jet stream of air that travels...

Hello NoDoji, Thanks for your post and I think you have seen some of my most wild trades in the chat for sure. I am also still convinced that overall my trading setups are about as good as I can ask for. Its the discretionary trading that causes the losses and that would include HAR (not...

Hello BPtrader, Thanks for reading and thanks for taking the time to make a post in my journal. It started out as a discretionary scalping and ended with digging my heals into the ground until I started kicking in stop losses which picked the top with amazing accuracy. Best to you...

Hello nesyo03, Thanks for the kind words and I am glad you like the journal. Fading does work for me when I just fade based on my rules of entry and rules of trading. Its when I start out 'scalping' and then allow it to turn into a trade that gets me into trouble. As I sit here looking...

Another day of scalping and another day of losses. Once again I was schooled in why I should not scalp stocks. I looked at AIG being up over 40% and thought I would be able to scalp it for 5-10 cents a pop as it was moving real well. Then it moved higher and instead of getting out right away...

tough day, was on the wrong side of AIG and found out (again) why I should not scalp stocks. - 26454

Perhaps I am missing something but what is actually "fake" about the volume. From my seat a trade is a trade and if the price moves against or for me those are REAL as far as my account NAV goes. I don't have much of an opinion on HFT so maybe thats why I am not against it. I also...

Ah yes, my 1971 AMC Hornet , my reverse was anyone that was riding with me and it actually became stuck on the ice on LEVEL ground in a parking lot once. Cars like that actually make Microsoft look pretty good.

Today was a hurry up and wait kind of day I had several trades today and for the most part they worked out well. I stayed small and was hitting the tops pretty well. I did have a trade in regular hours trading (I also had an after hours trade) that really moved against me but didn’t get to...

Pretty good day today + 2928

Hello Pastalady, I too did the same thing about a year ago (although I traded for years before) Welcome to the adventure. I don't trade the ES very often but NoDoji I think is starting to trade it as well and you may want to contact her...

I am a seller of premium so I by default feel that sellers have an edge. some things that have not come up so far from what I have read include the following thoughts 1. The assumption that option pricing models are CORRECT and will give a true price and therefore there is no edge. What if...

Pretty good day today The dollar fell out of bed today sending gold and oil higher. Oil moved up over $2 bringing it over 71 and it was only about a week ago that there was talk of sub $60 oil due to stockpiles adding up. as a result my short in the 30 yr futs went back into the strong...

Pretty good day. + 3404

Hello 4444, I think you make some valid points as well. Perhaps the impact is small but I think we can agree there is some negative impact. I would go so far as to argue that a 1/2% reduction in the availability of cheap cars would result in an increase in prices for cheap cars of over3 or...

Does anyone give any thought to what this does to our economy??? Look, I understand some in DC would say don’t worry about taking away all the cheap affordable cars off the market for people who may not be able to afford a more expensive car. After all we will give the poor people...

Yes, Subprime did happen under Bush's watch but in all fairness that was more democrats in congress IMHO than it was Bush's fault. I would go as far to say that it was due to legislation from the democrats as they wanted to push more people into home ownership with government help...

Hello Zen, I believe based on your reply that you missed the point of the OP. The point was that the older car/truck is being taken out of the marketplace and that will cause a drop in supply of cheaper cars. The supply drop will cause a relative increase in the price of older cars and...

Sanity ?!?! we dont need no stinking sanity !!!! We are Wall St. and we will do just fine without it, thank you....

Hey NoDoji, I hope your trading is going well. By looking at your PnL from your journal today it appears this year is going very well. We missed you in the chat today. I think that at least one person even needed a tissue at times. : o ) Its hard to get my head wrapped around going...