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    A pretzel-shop worker committed a $1 million fraud to buy Tesla, GameStop, and Nvidia shares

    The article states, "Anthony linked his trading account to a bank account with only 9 cents in it, then initiated unfunded deposits totaling $1 million between July 5 and 6. The pending deposits granted him access to $200,000 in immediate credit, which he plowed into eight stocks and an...
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    How I Made $180M in 6 Months Trading Natural Gas

    The guy worked at an energy trading company. So it wasn't like he opened up an IB trading account and ran it up to $180M. Geez. Some people on here are so retail minded thinking. For an energy trading firm, a $180M might or might not be that big of profits.
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    NQ stop loss

    geez! 1.5 point stop? It almost seems like you stop out as soon as you enter the trade the way NQ trades! I used around 10pts stop on NQ. Works fine. Sometimes that's wide and other times it's too tight. But most of the time it works.
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    What software/website to use to create a trading journal?

    i use tradersync. No affliation. I've used several other trade journals before. All of them have their pros and cons(tradersync included). Do google and try them out. I was getting tire of screenshotting.
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    Longtime prop trader says 4% of day traders made decent money

    Yep. I'm suprised it's 4%. I bet only 1% make a decent living mean at least over $100K/yr. Anything less than go get a fckin' job! Even new grads at top tech companies get close to $200K/yr(base+bonusm, benefits, RSUs, etc.) risk free.
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    Not enough natural gas to calm a global price rally

    This is crazy! In 2015, there was so natural gas that they had to burn it off! I was long NG and lost quite a bit of money! The chart was showing multiple decade lows. Yet, new lows came every day. Dec 2015 was the ultimate bottom! Had I position sized it smaller I might have not lost so much...
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    Why is Gold down with inflation at 5%?

    I used to trade gold futures(GC), gold ETF(GLD), and gold mining stocks(GOLD, AUY). I was never successful at it. Gold SUCKS as a trading vehicle! Or maybe I sucked at it. I made more money elsewhere (stocks, options, other types of futures). When you think gold should be going up it goes down...
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    How is retail day trading anything but a gamble?

    It's doable but I wouldn't say easy. To make a six figures a day in your account you'll need a sizeable account to start even with 4x leverage. Most newbies don't have accounts that big, at least not to start,
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    Greed, Bankers and Politics Star in Danish Negative-Rate Debacle

    It's not the $4/month but the fact you HAVE to pay to park your money in a bank. Ridiculous! They can earn it better rates with an online savings bank.
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    Greed, Bankers and Politics Star in Danish Negative-Rate Debacle

    WTF! Danish retail savers are so royally screwed. ====================== https://finance.yahoo.com/news/greed-bankers-politics-star-danish-040000695.html " He commented a day after Danske Bank, Denmark’s biggest lender, said it was following others in the industry and more than halving its...
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    Manhattan financier jumps to his death after firm liquidated

    Check out his bio: https://en.wikipedia.org/wiki/Charles_de_Vaulx The guy is probably worth $100M+ . It's NOT about the money. It's the ego that his fund was liquidated. He tied his entire identity to running this massive multi-billion dollar fund that's now liquidated.
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    Who thinks it will be choppy for the rest of the year?

    I'm not predicting a huge reversal like these bears. I feel like it's gonna be choppy. Just opinions. I trade what I see not what I think...
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    Who thinks it will be choppy for the rest of the year?

    As a daytrader, I don't really care about the daily chart since there are plenty of actions in the thousands of stocks in the market. But I'm just throwing a thought out there that it looks like the market might be choppy this year unless there is a big catalyst to cause it to trend nicely up...
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    The last 18 yrs the s@P has basically had 1 down yr in 2008. Pandemic 2020 was up 18%.

    Hmm... Please show the math. Gold is pretty dead. It had a mall bull market after the GFC. Then just meanders all these years until the recent rally which got sold too.
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    Bill Hwang, "Tiger Cub Archegos Liquidation Triggers Record Crash in Discovery, ViacomCBS "

    https://www.forbes.com/sites/nathanvardi/2021/04/02/how-troubled-trader-bill-hwang-quietly-amassed-10-billion/?sh=52fbf79c7c09
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    Buffett’s ‘Tone Deaf’ Annual Letter Skirts Major Controversies

    Buffett doesn't need to comment shiet! OK!
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    Renaissance Clients Exit After Firm’s Anemic Run of Results

    The Medallion is a short term daytrading/swing trading quant fund. The public fund is long term position trading/investing. That tells me their models are only good with short term signals not long term ones.
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    Trader Max lost $1 Million today, it’s on another thread.

    No, that's cumulative PNL for the day. Before that I think he was already up $800K on GME and others.
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    Trader Max lost $1 Million today, it’s on another thread.

    He made a $1M today!
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    Human-Run Hedge Funds Trounce Quants in Covid Year

    funny how you characterize Citadel as boiler room? Citadel is one of the largest market maker, hedge fund, and finance operation on Wall St. They hired some of the best people. Funny how ET thinks. hehe
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