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Hahahaha awesome comagnum

Dude, thanks for the nightmares I will have tonight!!!

1. Go to elitetrader.com 2. Make a thread asking about what people think to market will do in the short term. 3. Observe. 4. Bet the other way. 5. Profit?

I've listened to some podcasts, and saw at least one thread here, that talked about getting rebates from your broker. Is this still a thing, for retail I mean (if it ever was for retail)? What I remember listening to/reading is something akin to this: If you add liquidity, which is defined as...

Thanks. On the podcast I mentioned, he does in fact mention being ready to buy/sell, as you mentioned. He also mentioned trading like the 3 year and 10 year Aussie bond spreads. So what you said sounds spot on.

Its funny, I just listened to his Chat With Traders podcast. At one point he seemed to rag on people trading from home haha. And I thought he was known from being in the pits? This guy is a unique (strange?) character for sure.

So Pekelo, to be clear, I think his comet analogy is accurate for the way he trades. Sounds like he might look at charts from time to time, but highly doubts their ability to predict the future. He sounds much more like he is (or was) in the pits akin to trading off of DOM data. Sounds very...

Interesting clacy. I kind of doubted your numbers, so I did just some quick looking. NASDAQ in late 1999/early 2000 - on quick look it appears it topped out at roughly 3,940. NASDAQ Friday close - 7,825 DOW around same period - looks like it got up to 10,940. DOW Friday close (close to...

I would guess random as well. Data mining.

thanks mate, will check it out.

Wholly shit what is Wall Street Warriors? A movie or a show? Where can I get it - Netflix? Gotta watch is sounds awesome lolol.

LOLOL, like they are not even intelligent enough to make a coherent prediction, and you need a coherent prediction to be able to bet the other way, awesome.

Looks like its a good time to get in the warehouse business!!!

Haha that is a tall order!

LOL, is this a joke? Or is that guy really popular or something? I saw only 11 reviews of his book you linked, so I'll assume the former. :)

tortois, got it working, had to pay $0.00. Thanks, will follow up with thoughts!

Is the reason you would ever hedge is because you want to do the two contract thing but it might be too much exposure one way? I dunno, i would guess just take it diwn to one contract, save the money for dry powder.

Haha its already come way back. It was legit looking a bit nuts there for a bit.

Thanks tortoise. so, how did you get it for free if you do not have kindle membership and kindle membership is required to get it for free?