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I was told there would be cake.

There are very distinct structural differences between the 2008 financial crisis and the current Coronavirus crisis. And at present we're talking about quarantine and isolation behaviors in terms of weeks or a couple months.

There are very distinct structural differences between the 2008 financial crisis and the current Coronavirus crisis. And at present we're talking about quarantine and isolation behaviors in terms of weeks or a couple months. 1. If you can collect some great names at the lower end of their 10...

Yeah, any broker that is offering less than full exchange margins is just asking for trouble in the current environment. Even the mafia bookie knows when to cut off degenerate gamblers :p

We’re going to see the $29 handle in April Crude tonight.

Still not enough - they’ll raise it again on the survivors.

There’s no shame with sitting on your hands. Truly.

IMO you’re much better off scaling profits instead of using a trailing stop if you can.

Well, incestuous and the law of unintended consequences. And very misleading clickbait headlines about the Fed pumping. And it is entirely of the Fed's own construction. They broke it and they own it. During QE-1, QE-2, and QE-3 the Fed buys massive amounts of US Sovereign paper on the...

Relentless. :strong:

For good reason. The yield curve is ridiculously inverted. Last time I looked 1-month treasury yields are paying 22 basis points more than the 10-year yield.

No, it’s really not. But it’s a direct consequence of QE-1,QE-2, QE-3, and the tightened banking regulations and stress testing post-2008. Overnight lending between banks has dropped 70% since the financial crisis - so the Fed has to do it. Which the Fed eventually learned. Eventually.

The last couple weeks have been extraordinary - so generalizations don't help for very recent history. So please don't read anything more into this than providing a bit of color. Generally speaking - if you're scalping, you're taking many trades during the course of the trading session...

No, this is real world client experience using trailing stops. Having a predefined profit target didn't help, because the trailing stop always took you out first. We set our profit target and our stop-level at the time of trade entry. We determine those levels using our trading system and 30...

I've had very mixed results using trailing stops in terms of swing trading. Specifically, we've found that trailing stops takes us out of winners way too early. The "noise" and natural ebb and flow of price action will do it to you every time. We will model 30 days of data on-the-run, and set...

Emotional anxiety and honesty is something that I encourage clients to document, confront, and resolve. It's the root of all sorts of position management evil. And shitty position management sinks trading systems and blows out traders. But most traders invest 95 percent of their energy into...

Truth Bomb. If you want to optimize a trading strategy under real world conditions in the shortest time practical - keep a brutally honest trading journal. BTW - backtesting is quite lacking when it comes to optimizing your position management. Under actual live conditions - position...

My mentors all kept a personal trading journal. If you can eliminate repeated mistakes - that's positive account equity. :thumbsup:

When I traded on a Commercial Desk, we moved markets. And we traded our largest term products book on Monthly and Weekly data.

I very specifically and intentionally mentioned in my posts in this thread that a trader could just as easily swing trade micro futures contracts or small blocks of equity shares. Point being, anyone can swing trade effectively without much capital and without making your broker rich.