Have to bump this thread, have some of the best and worst traders on the board, I'll let you guess who is who. Bullish into expiry too much doom and gloom for me. Just depends on how the market reacts to new information and spin. I would prefer to hit 1200 es in a day so the next bull can rise...
So what is the value add here besides leverage. I mean what can you learn from prop that you won' t learn on your own. All this talk of fees is important but it seems that you a art of a team that is at least somewhat in your success? What am I missing?
Speaking of paper trading or sim trading. I was wondering if you took a good professional trader and hooked him or her up to an ekg would they experience drawdown. The problem with sim trading is that new traders don't really deal with the fight or flight mechanism, so they are likely to choke...
exactly by keeping the inflation numbers low less money is paid out. Not trying to get all Oliver Stone but the simple fact is that no can tell me with a straight face that inflation is 2% a year. Ask some middle class guy with 4 kids. Sorry did not mean to get off topic, but from a trading...
Most of you traders know the weighting of CPI is bs. but for newer people:
"Shortly after Clinton took control of the White House, however, attitudes changed. The BLS initially did not institute a new CPI measurement using a variable-basket of goods that allowed substitution of hamburger for...
Things that make me laugh:
The seasonally adjusted consumer price index rose 0.6% in May, worse than the 0.5% gain expected by economists. The core CPI, which excludes food and energy prices, rose 0.2% as expected.
seasonally adjusted, no s**t!