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currencies were very tradable in Mar 20. now currency is moving very slowly. when I was a kid, I used to stare at green bean growing from the seed. green bean growth rate is much faster than currency movement. I rarely trade BTC futures. I doubt volume will ever increase drastically. CFE has...

Conversely someone bought the put option at meagre $50. 2 days later, he sold it and he profitted massively by 60 times!!

when I was a newbie trader, I sold naked put stock OTM option and collected meagre $50. 2 days later, I closed the position & lost $3000.

Super Mega Day Trader Award goes to Syed Shah, 30 years old day trader for trading - very hugh quantity of > 200 crude oil contracts - on the last day of Expiring Contract - against the down trend & not knowing counter trend vs reversal and attempting to receive millions of barrels of...

The American Economy is on a big long hillside down BUT ! Bear Flag Morphes into Mega Bull Channel.

right. margin requirement should be reduced, ie leverage should be increased. now IB has to increase margin requirement all because of Shah the inexperienced & greedy day trader (and also IB lousy system)

do what u think u should do. do social distancing. anyway the whole world is doing social distancing.

I was like Shah years ago. and I had to top up my account numerous times. Newbie traders do all sorts of funny dangerous things. Shah seems to be rather inexperienced. professional trader would have waited for confirmation before taking a long position. professional trader wouldn't trade...

similarly IB should run as fast as they can from such trader. that trader that caused huge loss was too inexperienced. IB needs a better system to prevent such thing from happening. They also need a better system to screen out inexperienced traders from taking such enormous risk.

I prefer to use the word reversal in this statement 'Counter-trend trading is a legitimate strategy with edge' . so Reversal is a legitimate strategy with edge. When Shah was buying the oil contract , he was obviously doing counter trend trading (aka catching falling knife or kamikazae...

Super Mega Day Trader Award goes to Syed Shah, 30 years old day trader for trading - very hugh quantity of > 200 crude oil contracts - on the very last day of Expiring Contract - against the down trend & not knowing counter trend vs reversal and attempting to receive millions of barrels of...

so now they have to change LOW LIMIT to NO LIMIT OR NEGATIVE INFINITY.

https://www.zerohedge.com/energy/one-trader-started-day-77000-his-account-end-he-owed-9-million good article. We can blame IB for their lousy system. But then, obviously those who lose millions of dollars are newbie / poorly disciplined traders sorry I find very hard to find pity / sympathy...

I think it is really up to individual. because we have different experiences, mind set, competencies, expertise, preferences, belief ... I have traded hundreds of things like day / swing / position trading, stocks / options / futures, outright trading / spreading, various option strategies...

where are the day traders?!?!?!?! so with millions of new day traders, unemployment in US should go down. anyway welcome day traders!!! I am also a day ( and night ) trader trading futures. __________________________________________ Record 20.5 million American jobs lost in April...

Paul Tudor Jones(worlds greatest trader) buys bitcoin OR Paul Tudor Jones(worlds greatest trader) bought bitcoin ( 2 months ago?) _____________________ if he buys, he might be in trouble. if he bought, he should be millionaire by now.

every time when similar survey is done, the result is quite consistent.

8 May NFEC trading my main focus will be on NQ ES & gold secondary focus : bonds like buxl, UB, & copper jpy aud eur gbp? I will consider it when there is nothing else to trade. hmm. Natural Gas going down smoothly. :D:thumbsup::):sneaky::thumbsup::finger::D ref previous post: btp max...

my main focus will be on NQ ES & gold perhaps I might trade bonds like buxl, UB, & copper jpy aud eur gbp? I will consider it when there is nothing else to trade.

Bear flag morphed to Super Bull Channel ?